Green and Bio Polyols Market

The green and bio polyols market consists of environmentally friendly alternatives to petroleum-based polyols, derived from renewable sources like vegetable oils and algae. These materials are primarily used by manufacturers in the automotive, packaging, furniture, and construction industries for producing polyurethanes. Key growth drivers include rising demand for sustainable products, increasingly strict environmental regulations, and government incentives that encourage the shift away from fossil-based raw materials.

CAGR

9.6%

Compound Annual Growth Rate

Current Value

$6.81B

Estimated 2026

Projected Value

$14.2B

By 2034

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