?The increasing awareness about the environment and the rising prices of petroleum are the reasons for soaring demand of bio polyols.
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- North America dominates the bio polyols market, owing to the increase in production of soy-based polyols which result in increased usage of bio polyols in the region.
- The escalating use of polyurethanes in the automotive industry consecutively increases the demand for bio polyols. Thus, driving the market growth.?
- Increasing applications for environmentally friendly polyols in various end use industries notably in automobiles, technological advancements in the construction industry are expected to drive the demand for bio polyols through the years to come?
- The major opportunity for this market is high research spending and growing environmental awareness about bio polyols. This has a positive impact on the market.?
Manager Sales and Marketing @ Jayant Agro Organic Ltd. ? Business Development ? Strategy Development ? Market Research ? Project Management ? Chemical Engineering ? 23+ Years Exp ? Industrial Chemicals Sector ?
1 年What will be variation of propties in polyurethane by use of Bio polyol instead of petroleum polyol??