세계의 바이오 기반 폴리우레탄 시장 : 시장 점유율과 순위, 전체 판매 및 수요 예측(2025-2031년)

The global market for Bio-Based Polyurethane was estimated to be worth US$ 99 million in 2024 and is forecast to a readjusted size of US$ 139 million by 2031 with a CAGR of 5.2% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Bio-Based Polyurethane cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Bio based polyurethane refers to product use renewable biological materials, including crops, trees, other plants and their residues as raw materials, polyurethane products produced through biochemical, physical and other methods. Bio-based polymers generally have a lower CO2 footprint and are associated with the concept of sustainability. Because of concerns about the depletion of fossil resources and the global warming associated with the use of petrochemicals, new bio-based polymers continue to be developed.In 2024, global Bio-Based Polyurethane production reached approximately 15226 MT, with an average global market price of around US$ 6525 per MT.

The bio-based polyurethane (PU) market is centered on polyurethanes derived from renewable raw materials such as vegetable oils, starch, and other biomass sources, offering an eco-friendly alternative to conventional petroleum-based PU. These materials are increasingly in demand due to rising global awareness of sustainability, stricter environmental regulations, and corporate commitments to reduce carbon footprints. Bio-based PUs retain the versatile properties of traditional polyurethane-such as flexibility, durability, abrasion resistance, and insulation-making them suitable for use in coatings, adhesives, sealants, elastomers, and foams. The push toward green chemistry and circular economy principles is a key driver, especially in industries such as automotive, furniture, packaging, and construction.

Regionally, Europe and North America are leading the adoption of bio-based PU, driven by stringent regulations, strong government incentives, and a mature customer base that values sustainable products. Meanwhile, Asia-Pacific is emerging as the fastest-growing market, propelled by rapid industrialization, urbanization, and rising consumer demand for eco-friendly materials in countries like China, Japan, and India. Major challenges include higher production costs compared to conventional PU and limited large-scale availability of bio-based feedstocks. However, ongoing innovations in feedstock processing, bio-refinery integration, and advances in material performance are expected to lower costs and broaden application areas. Overall, the bio-based polyurethane market is poised for steady growth as industries seek sustainable solutions without compromising on performance.

This report aims to provide a comprehensive presentation of the global market for Bio-Based Polyurethane, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bio-Based Polyurethane by region & country, by Type, and by Application.

The Bio-Based Polyurethane market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Based Polyurethane.

Market Segmentation

By Company

• BASF
• Lubrizol
• Dow Chemical
• SNP
• Mitsui Chemicals
• Rampf Holding
• Johnson Controls
• Rhino Linings
• Bayer Material
• Woodbridge Foam
• Malama Composites
• TSE Industries

Segment by Type

• Rigid Foams
• Flexible Foams
• Case (Coatings, Adhesives, Sealants and Elastomers)
• Others

Segment by Application

• Construction
• Automotive
• Electronics &Electrical Appliances
• Others

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Bio-Based Polyurethane manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Bio-Based Polyurethane in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Bio-Based Polyurethane in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 Bio-Based Polyurethane Product Introduction
• 1.2 Global Bio-Based Polyurethane Market Size Forecast
  • 1.2.1 Global Bio-Based Polyurethane Sales Value (2020-2031)
  • 1.2.2 Global Bio-Based Polyurethane Sales Volume (2020-2031)
  • 1.2.3 Global Bio-Based Polyurethane Sales Price (2020-2031)
• 1.3 Bio-Based Polyurethane Market Trends & Drivers
  • 1.3.1 Bio-Based Polyurethane Industry Trends
  • 1.3.2 Bio-Based Polyurethane Market Drivers & Opportunity
  • 1.3.3 Bio-Based Polyurethane Market Challenges
  • 1.3.4 Bio-Based Polyurethane Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Bio-Based Polyurethane Players Revenue Ranking (2024)
• 2.2 Global Bio-Based Polyurethane Revenue by Company (2020-2025)
• 2.3 Global Bio-Based Polyurethane Players Sales Volume Ranking (2024)
• 2.4 Global Bio-Based Polyurethane Sales Volume by Company Players (2020-2025)
• 2.5 Global Bio-Based Polyurethane Average Price by Company (2020-2025)
• 2.6 Key Manufacturers Bio-Based Polyurethane Manufacturing Base and Headquarters
• 2.7 Key Manufacturers Bio-Based Polyurethane Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of Bio-Based Polyurethane
• 2.9 Bio-Based Polyurethane Market Competitive Analysis
  • 2.9.1 Bio-Based Polyurethane Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by Bio-Based Polyurethane Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bio-Based Polyurethane as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 Rigid Foams
  • 3.1.2 Flexible Foams
  • 3.1.3 Case (Coatings, Adhesives, Sealants and Elastomers)
  • 3.1.4 Others
• 3.2 Global Bio-Based Polyurethane Sales Value by Type
  • 3.2.1 Global Bio-Based Polyurethane Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Bio-Based Polyurethane Sales Value, by Type (2020-2031)
  • 3.2.3 Global Bio-Based Polyurethane Sales Value, by Type (%) (2020-2031)
• 3.3 Global Bio-Based Polyurethane Sales Volume by Type
  • 3.3.1 Global Bio-Based Polyurethane Sales Volume by Type (2020 VS 2024 VS 2031)
  • 3.3.2 Global Bio-Based Polyurethane Sales Volume, by Type (2020-2031)
  • 3.3.3 Global Bio-Based Polyurethane Sales Volume, by Type (%) (2020-2031)
• 3.4 Global Bio-Based Polyurethane Average Price by Type (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Construction
  • 4.1.2 Automotive
  • 4.1.3 Electronics &Electrical Appliances
  • 4.1.4 Others
• 4.2 Global Bio-Based Polyurethane Sales Value by Application
  • 4.2.1 Global Bio-Based Polyurethane Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Bio-Based Polyurethane Sales Value, by Application (2020-2031)
  • 4.2.3 Global Bio-Based Polyurethane Sales Value, by Application (%) (2020-2031)
• 4.3 Global Bio-Based Polyurethane Sales Volume by Application
  • 4.3.1 Global Bio-Based Polyurethane Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global Bio-Based Polyurethane Sales Volume, by Application (2020-2031)
  • 4.3.3 Global Bio-Based Polyurethane Sales Volume, by Application (%) (2020-2031)
• 4.4 Global Bio-Based Polyurethane Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global Bio-Based Polyurethane Sales Value by Region
  • 5.1.1 Global Bio-Based Polyurethane Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Bio-Based Polyurethane Sales Value by Region (2020-2025)
  • 5.1.3 Global Bio-Based Polyurethane Sales Value by Region (2026-2031)
  • 5.1.4 Global Bio-Based Polyurethane Sales Value by Region (%), (2020-2031)
• 5.2 Global Bio-Based Polyurethane Sales Volume by Region
  • 5.2.1 Global Bio-Based Polyurethane Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global Bio-Based Polyurethane Sales Volume by Region (2020-2025)
  • 5.2.3 Global Bio-Based Polyurethane Sales Volume by Region (2026-2031)
  • 5.2.4 Global Bio-Based Polyurethane Sales Volume by Region (%), (2020-2031)
• 5.3 Global Bio-Based Polyurethane Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America Bio-Based Polyurethane Sales Value, 2020-2031
  • 5.4.2 North America Bio-Based Polyurethane Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe Bio-Based Polyurethane Sales Value, 2020-2031
  • 5.5.2 Europe Bio-Based Polyurethane Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific Bio-Based Polyurethane Sales Value, 2020-2031
  • 5.6.2 Asia Pacific Bio-Based Polyurethane Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America Bio-Based Polyurethane Sales Value, 2020-2031
  • 5.7.2 South America Bio-Based Polyurethane Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa Bio-Based Polyurethane Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa Bio-Based Polyurethane Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Bio-Based Polyurethane Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Bio-Based Polyurethane Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions Bio-Based Polyurethane Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.3.2 United States Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.4.2 Europe Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.5.2 China Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.6.2 Japan Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.7.2 South Korea Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Bio-Based Polyurethane Sales Value, 2020-2031
  • 6.9.2 India Bio-Based Polyurethane Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India Bio-Based Polyurethane Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 BASF
  • 7.1.1 BASF Company Information
  • 7.1.2 BASF Introduction and Business Overview
  • 7.1.3 BASF Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 BASF Bio-Based Polyurethane Product Offerings
  • 7.1.5 BASF Recent Development
• 7.2 Lubrizol
  • 7.2.1 Lubrizol Company Information
  • 7.2.2 Lubrizol Introduction and Business Overview
  • 7.2.3 Lubrizol Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 Lubrizol Bio-Based Polyurethane Product Offerings
  • 7.2.5 Lubrizol Recent Development
• 7.3 Dow Chemical
  • 7.3.1 Dow Chemical Company Information
  • 7.3.2 Dow Chemical Introduction and Business Overview
  • 7.3.3 Dow Chemical Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 Dow Chemical Bio-Based Polyurethane Product Offerings
  • 7.3.5 Dow Chemical Recent Development
• 7.4 SNP
  • 7.4.1 SNP Company Information
  • 7.4.2 SNP Introduction and Business Overview
  • 7.4.3 SNP Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 SNP Bio-Based Polyurethane Product Offerings
  • 7.4.5 SNP Recent Development
• 7.5 Mitsui Chemicals
  • 7.5.1 Mitsui Chemicals Company Information
  • 7.5.2 Mitsui Chemicals Introduction and Business Overview
  • 7.5.3 Mitsui Chemicals Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 Mitsui Chemicals Bio-Based Polyurethane Product Offerings
  • 7.5.5 Mitsui Chemicals Recent Development
• 7.6 Rampf Holding
  • 7.6.1 Rampf Holding Company Information
  • 7.6.2 Rampf Holding Introduction and Business Overview
  • 7.6.3 Rampf Holding Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Rampf Holding Bio-Based Polyurethane Product Offerings
  • 7.6.5 Rampf Holding Recent Development
• 7.7 Johnson Controls
  • 7.7.1 Johnson Controls Company Information
  • 7.7.2 Johnson Controls Introduction and Business Overview
  • 7.7.3 Johnson Controls Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 Johnson Controls Bio-Based Polyurethane Product Offerings
  • 7.7.5 Johnson Controls Recent Development
• 7.8 Rhino Linings
  • 7.8.1 Rhino Linings Company Information
  • 7.8.2 Rhino Linings Introduction and Business Overview
  • 7.8.3 Rhino Linings Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Rhino Linings Bio-Based Polyurethane Product Offerings
  • 7.8.5 Rhino Linings Recent Development
• 7.9 Bayer Material
  • 7.9.1 Bayer Material Company Information
  • 7.9.2 Bayer Material Introduction and Business Overview
  • 7.9.3 Bayer Material Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 Bayer Material Bio-Based Polyurethane Product Offerings
  • 7.9.5 Bayer Material Recent Development
• 7.10 Woodbridge Foam
  • 7.10.1 Woodbridge Foam Company Information
  • 7.10.2 Woodbridge Foam Introduction and Business Overview
  • 7.10.3 Woodbridge Foam Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.10.4 Woodbridge Foam Bio-Based Polyurethane Product Offerings
  • 7.10.5 Woodbridge Foam Recent Development
• 7.11 Malama Composites
  • 7.11.1 Malama Composites Company Information
  • 7.11.2 Malama Composites Introduction and Business Overview
  • 7.11.3 Malama Composites Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.11.4 Malama Composites Bio-Based Polyurethane Product Offerings
  • 7.11.5 Malama Composites Recent Development
• 7.12 TSE Industries
  • 7.12.1 TSE Industries Company Information
  • 7.12.2 TSE Industries Introduction and Business Overview
  • 7.12.3 TSE Industries Bio-Based Polyurethane Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.12.4 TSE Industries Bio-Based Polyurethane Product Offerings
  • 7.12.5 TSE Industries Recent Development

8 Industry Chain Analysis

• 8.1 Bio-Based Polyurethane Industrial Chain
• 8.2 Bio-Based Polyurethane Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Bio-Based Polyurethane Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Bio-Based Polyurethane Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer