Global Bio Based Polyurethane Market Size & Outlook

The bio based polyurethane industry worldwide is expected to reach a projected revenue of US$ 64,596.1 thousand by 2030. A compound annual growth rate of 8% is expected of the worldwide bio based polyurethane industry from 2024 to 2030.
Revenue, 2023 (US$K)
$37,768.8
Forecast, 2030 (US$K)
$64,596.1
CAGR, 2024 - 2030
8%
Report Coverage
Worldwide

Global bio based polyurethane market highlights

  • The global bio based polyurethane market generated a revenue of USD 37,768.8 thousand in 2023 and is expected to reach USD 64,596.1 thousand by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8% by 2030.
  • In terms of segment, flexible foam accounted for a revenue of USD 19,085.9 thousand in 2023.
  • Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 37,768.8 thousand
Market revenue in 2030USD 64,596.1 thousand
Growth rate8% (CAGR from 2023 to 2030)
Largest segmentFlexible foam
Fastest growing segmentFlexible Foam
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationRigid Foam, Flexible Foam, Coatings, Adhesives & Sealants

Other key industry trends

  • In terms of revenue, the North America accounted for 30.9% of the global bio based polyurethane market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 185.2 thousand by 2030.

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Bio Based Polyurethane Market Companies

Name Profile # Employees HQ Website

Global bio based polyurethane market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio based polyurethane market will help companies and investors design strategic landscapes.


Flexible foam was the largest segment with a revenue share of 50.53% in 2023. Horizon Databook has segmented the Global bio based polyurethane market based on rigid foam, flexible foam, coatings, adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Bio Based Polyurethane Product Outlook (Revenue, USD Thousand, 2018-2030)
    • Rigid Foam
    • Flexible Foam
    • Coatings, Adhesives & Sealants
    • Others
  • Global Bio Based Polyurethane End-Use Outlook (Revenue, USD Thousand, 2018-2030)
    • Automotive
    • Building & Construction
    • Consumer Goods
    • Electrical & Electronics
    • Packaging
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global bio based polyurethane market , including forecasts for subscribers. This global databook contains high-level insights into Global bio based polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global bio based polyurethane market size, by regions, 2018-2030 (US$K)

Top 10 countries: Bio based polyurethane market size, 2023 (US$K)

Global bio based polyurethane market share, by product, 2023 & 2030 (%, US$K)

Bio based polyurethane market: Opportunity assessment by country

Global bio based polyurethane market, by region, 2023 (US$K)

Global bio based polyurethane market size, by regions, 2018-2030 (US$K)

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