Market Valuation and Forecast
According to the latest strategic research by Chem Reports, the global bio-based polyurethane market was valued at USD XXXX million in 2025 and is projected to reach USD XXXX million by 2036. The market is anticipated to expand at a compound annual growth rate (CAGR) of XX% during the forecast period. This growth is primarily fueled by the global transition toward a circular economy, stringent regulations on petroleum-derived plastics, and the rising demand for sustainable materials in the automotive and construction sectors.
Global Bio-based Polyurethane Market Overview
The 2025 Global Bio-based Polyurethane Market Report provides an extensive industry analysis of development components, market patterns, industrial flows, and sector sizes. By calculating historical and present market values, the report establishes a framework for forecasting market management through 2036. The research involves the evaluation of primary and secondary data, analyzing parameters such as government environmental policies, the competitive landscape, technical progress in bio-polyol synthesis, and the shifting demand toward eco-friendly insulation and high-performance elastomers.
Impact of COVID-19 on the Bio-based Polyurethane Market
The emergence of COVID-19 in late 2019 led to significant disruptions in the bio-based polyurethane market in 2020 due to the temporary suspension of construction activities and automotive manufacturing. However, the pandemic acted as a catalyst for "Green Recovery" initiatives. Governments and corporations accelerated their sustainability targets, leading to a resilient recovery in the demand for bio-based foams and coatings. Post-pandemic, the industry has focused on regional supply chain resilience and the development of high-performance bio-polyols derived from non-food-grade biomass.
By Product Type
Flexible Foams: Primarily used in furniture, bedding, and automotive seating.
Rigid Foams: Critical for thermal insulation in building envelopes and appliances.
Thermoplastic Polyurethane (TPU): High-growth segment for footwear, medical devices, and cable jacketing.
Thermosetting Polyurethane: Used in specialized industrial moldings and structural components.
Coatings, Adhesives, Sealants, and Elastomers (CASE): Specialized bio-based formulations for surface protection and industrial bonding.
By Raw Material Source
Soybean Oil-based Polyols
Castor Oil-based Polyols
Cashew Nut Shell Liquid (CNSL)
Rapeseed and Sunflower Oil
Corn and Starch-derived Polyols
By Application
Construction and Architecture: Insulation panels, sealants, and sustainable flooring.
Automotive and Transportation: Interior trims, seating, and lightweight structural parts to enhance fuel efficiency.
Electrical and Electronics: Potting compounds and protective coatings for sensitive circuitry.
Furniture and Bedding: Eco-friendly mattresses and upholstered furniture.
Footwear and Textiles: Sustainable outsoles and synthetic leather alternatives.
Packaging: Bio-based protective foams and films.
North America: Driven by robust sustainability mandates in the U.S. and Canada and the high adoption of bio-TPU in the consumer electronics and footwear industries.
Europe: The most advanced market for bio-based polymers due to the European Green Deal and strict regulations on carbon emissions; Germany and France are regional leaders.
Asia-Pacific: The largest and fastest-growing region, led by China, Japan, and India. Rapid urbanization and the massive scale of automotive production drive regional dominance.
South America: Steady growth linked to the vast availability of vegetable oil feedstocks in Brazil and Argentina.
Middle East & Africa: Emerging interest in high-performance insulation for extreme climates and the development of domestic chemical manufacturing.
BASF SE
Cargill, Incorporated
Covestro AG
The Dow Chemical Company
Huntsman International LLC
Mitsui Chemicals, Inc.
Lubrizol Corporation
Hitachi Chemical Company, Ltd.
Myriant Corporation (PTT Global Chemical)
RAMPF Polymer Solutions GmbH & Co. KG
Rhino Linings Corporation
SNP, Inc.
Lanxess AG
Tosoh Corporation
Woodbridge Foam Corporation
Recticel NV/SA
DIC Corporation
Threat of New Entrants (Moderate): Technical expertise in bio-polyol refining and high R&D costs act as barriers, but the abundance of agricultural feedstocks encourages niche startups.
Bargaining Power of Suppliers (Moderate to High): Suppliers of vegetable oils and bio-mass feedstocks have significant influence, as crop yields and environmental conditions directly impact raw material costs.
Bargaining Power of Buyers (High): Major automotive OEMs and global construction firms demand high-performance standards and competitive pricing against traditional PU.
Threat of Substitutes (High): Traditional petroleum-based PU remains the primary substitute due to its lower cost and established supply chain.
Competitive Rivalry (High): Intense competition among chemical giants focuses on increasing the "bio-content" percentage without compromising mechanical properties.
Strengths: Reduced carbon footprint; renewable feedstock usage; high versatility in mechanical properties; helps companies meet ESG targets.
Weaknesses: Higher production costs than petroleum-based alternatives; vulnerability to agricultural price cycles.
Opportunities: Expansion of the electric vehicle (EV) market; growth in the bio-based medical device segment; potential for 100% bio-based isocyanates.
Threats: Fluctuating crude oil prices making petroleum-PU more cost-competitive; inconsistent global standards for "bio-based" certification.
The industry is experiencing a decisive shift toward "High Bio-content" formulations, with manufacturers striving to reach over 50% renewable content in industrial foams. Additionally, there is a strong trend toward "Recyclable Bio-PU," where polymers are designed to be chemically recycled at the end of their life cycle, aligning with global circularity mandates.
Market Drivers:
Global push for carbon neutrality by 2050.
Rising consumer awareness and demand for "green" consumer goods and furniture.
Technological breakthroughs in non-food-grade feedstock conversion.
Market Challenges:
Complexity in achieving identical performance to petroleum-PU in heavy-duty industrial applications.
Logistical challenges in sourcing and storing large volumes of agricultural raw materials.
Feedstock Sourcing: Collection of vegetable oils, agricultural waste, or bio-mass.
Refining: Conversion of bio-mass into bio-polyols through chemical or enzymatic processes.
Synthesis: Reaction of bio-polyols with isocyanates to form bio-based polyurethane.
Processing: Formulation into foams, coatings, or elastomers.
Distribution: Shipment to industrial OEMs and construction contractors.
For Manufacturers: Invest in R&D for bio-based isocyanates to complement bio-polyols, aiming for a fully bio-based PU product line.
For Investors: Target companies with strong patent portfolios in non-food-feedstock technologies to avoid "food-vs-fuel" regulatory risks.
For Buyers: Prioritize suppliers with third-party bio-content certifications (such as USDA BioPreferred) to ensure marketing transparency.
For R&D Teams: Focus on improving the flame retardancy and UV stability of bio-based resins to expand their use in outdoor architectural applications.
1. Market Overview of Bio-based Polyurethane
1.1 Bio-based Polyurethane Market Overview
1.1.1 Bio-based Polyurethane Product Scope
1.1.2 Market Status and Outlook
1.2 Bio-based Polyurethane Market Size by Regions:
1.3 Bio-based Polyurethane Historic Market Size by Regions
1.4 Bio-based Polyurethane Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Bio-based Polyurethane Sales Market by Type
2.1 Global Bio-based Polyurethane Historic Market Size by Type
2.2 Global Bio-based Polyurethane Forecasted Market Size by Type
2.3 Thermoplastic Polyurethane
2.4 Thermosetting Polyurethane
2.5 Others
3. Covid-19 Impact Bio-based Polyurethane Sales Market by Application
3.1 Global Bio-based Polyurethane Historic Market Size by Application
3.2 Global Bio-based Polyurethane Forecasted Market Size by Application
3.3 Architecture
3.4 Industry
3.5 Electrical
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Bio-based Polyurethane Production Capacity Market Share by Manufacturers
4.2 Global Bio-based Polyurethane Revenue Market Share by Manufacturers
4.3 Global Bio-based Polyurethane Average Price by Manufacturers
5. Company Profiles and Key Figures in Bio-based Polyurethane Business
5.1 BASF
5.1.1 BASF Company Profile
5.1.2 BASF Bio-based Polyurethane Product Specification
5.1.3 BASF Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.2 Cargill
5.2.1 Cargill Company Profile
5.2.2 Cargill Bio-based Polyurethane Product Specification
5.2.3 Cargill Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.3 Covestro
5.3.1 Covestro Company Profile
5.3.2 Covestro Bio-based Polyurethane Product Specification
5.3.3 Covestro Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.4 Dow Chemical
5.4.1 Dow Chemical Company Profile
5.4.2 Dow Chemical Bio-based Polyurethane Product Specification
5.4.3 Dow Chemical Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.5 Hitachi Chemical company
5.5.1 Hitachi Chemical company Company Profile
5.5.2 Hitachi Chemical company Bio-based Polyurethane Product Specification
5.5.3 Hitachi Chemical company Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.6 Mitsui Chemicals
5.6.1 Mitsui Chemicals Company Profile
5.6.2 Mitsui Chemicals Bio-based Polyurethane Product Specification
5.6.3 Mitsui Chemicals Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.7 Myriant
5.7.1 Myriant Company Profile
5.7.2 Myriant Bio-based Polyurethane Product Specification
5.7.3 Myriant Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.8 RAMPF Polymer Solutions
5.8.1 RAMPF Polymer Solutions Company Profile
5.8.2 RAMPF Polymer Solutions Bio-based Polyurethane Product Specification
5.8.3 RAMPF Polymer Solutions Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.9 Rhino Lining
5.9.1 Rhino Lining Company Profile
5.9.2 Rhino Lining Bio-based Polyurethane Product Specification
5.9.3 Rhino Lining Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
5.10 SNP
5.10.1 SNP Company Profile
5.10.2 SNP Bio-based Polyurethane Product Specification
5.10.3 SNP Bio-based Polyurethane Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Bio-based Polyurethane Market Size
6.2 North America Bio-based Polyurethane Key Players in North America
6.3 North America Bio-based Polyurethane Market Size by Type
6.4 North America Bio-based Polyurethane Market Size by Application
7. East Asia
7.1 East Asia Bio-based Polyurethane Market Size
7.2 East Asia Bio-based Polyurethane Key Players in North America
7.3 East Asia Bio-based Polyurethane Market Size by Type
7.4 East Asia Bio-based Polyurethane Market Size by Application
8. Europe
8.1 Europe Bio-based Polyurethane Market Size
8.2 Europe Bio-based Polyurethane Key Players in North America
8.3 Europe Bio-based Polyurethane Market Size by Type
8.4 Europe Bio-based Polyurethane Market Size by Application
9. South Asia
9.1 South Asia Bio-based Polyurethane Market Size
9.2 South Asia Bio-based Polyurethane Key Players in North America
9.3 South Asia Bio-based Polyurethane Market Size by Type
9.4 South Asia Bio-based Polyurethane Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Bio-based Polyurethane Market Size
10.2 Southeast Asia Bio-based Polyurethane Key Players in North America
10.3 Southeast Asia Bio-based Polyurethane Market Size by Type
10.4 Southeast Asia Bio-based Polyurethane Market Size by Application
11. Middle East
11.1 Middle East Bio-based Polyurethane Market Size
11.2 Middle East Bio-based Polyurethane Key Players in North America
11.3 Middle East Bio-based Polyurethane Market Size by Type
11.4 Middle East Bio-based Polyurethane Market Size by Application
12. Africa
12.1 Africa Bio-based Polyurethane Market Size
12.2 Africa Bio-based Polyurethane Key Players in North America
12.3 Africa Bio-based Polyurethane Market Size by Type
12.4 Africa Bio-based Polyurethane Market Size by Application
13. Oceania
13.1 Oceania Bio-based Polyurethane Market Size
13.2 Oceania Bio-based Polyurethane Key Players in North America
13.3 Oceania Bio-based Polyurethane Market Size by Type
13.4 Oceania Bio-based Polyurethane Market Size by Application
14. South America
14.1 South America Bio-based Polyurethane Market Size
14.2 South America Bio-based Polyurethane Key Players in North America
14.3 South America Bio-based Polyurethane Market Size by Type
14.4 South America Bio-based Polyurethane Market Size by Application
15. Rest of the World
15.1 Rest of the World Bio-based Polyurethane Market Size
15.2 Rest of the World Bio-based Polyurethane Key Players in North America
15.3 Rest of the World Bio-based Polyurethane Market Size by Type
15.4 Rest of the World Bio-based Polyurethane Market Size by Application
16 Bio-based Polyurethane Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
By Product Type
Flexible Foams: Primarily used in furniture, bedding, and automotive seating.
Rigid Foams: Critical for thermal insulation in building envelopes and appliances.
Thermoplastic Polyurethane (TPU): High-growth segment for footwear, medical devices, and cable jacketing.
Thermosetting Polyurethane: Used in specialized industrial moldings and structural components.
Coatings, Adhesives, Sealants, and Elastomers (CASE): Specialized bio-based formulations for surface protection and industrial bonding.
By Raw Material Source
Soybean Oil-based Polyols
Castor Oil-based Polyols
Cashew Nut Shell Liquid (CNSL)
Rapeseed and Sunflower Oil
Corn and Starch-derived Polyols
By Application
Construction and Architecture: Insulation panels, sealants, and sustainable flooring.
Automotive and Transportation: Interior trims, seating, and lightweight structural parts to enhance fuel efficiency.
Electrical and Electronics: Potting compounds and protective coatings for sensitive circuitry.
Furniture and Bedding: Eco-friendly mattresses and upholstered furniture.
Footwear and Textiles: Sustainable outsoles and synthetic leather alternatives.
Packaging: Bio-based protective foams and films.
North America: Driven by robust sustainability mandates in the U.S. and Canada and the high adoption of bio-TPU in the consumer electronics and footwear industries.
Europe: The most advanced market for bio-based polymers due to the European Green Deal and strict regulations on carbon emissions; Germany and France are regional leaders.
Asia-Pacific: The largest and fastest-growing region, led by China, Japan, and India. Rapid urbanization and the massive scale of automotive production drive regional dominance.
South America: Steady growth linked to the vast availability of vegetable oil feedstocks in Brazil and Argentina.
Middle East & Africa: Emerging interest in high-performance insulation for extreme climates and the development of domestic chemical manufacturing.
BASF SE
Cargill, Incorporated
Covestro AG
The Dow Chemical Company
Huntsman International LLC
Mitsui Chemicals, Inc.
Lubrizol Corporation
Hitachi Chemical Company, Ltd.
Myriant Corporation (PTT Global Chemical)
RAMPF Polymer Solutions GmbH & Co. KG
Rhino Linings Corporation
SNP, Inc.
Lanxess AG
Tosoh Corporation
Woodbridge Foam Corporation
Recticel NV/SA
DIC Corporation
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