Global Natural Oil Polyols Market Size , Share & Trends Analysis Report 2023-2030 - ResearchAndMarkets.com
The "Natural Oil Polyols Market Size , Share & Trends Analysis Report By Product (Soy oil, Castor oil, Palm oil, Canola oil, Sunflower oil, Others), By Application (Furniture and Interiors, Construction, Electronics & Appliances, Others), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
- The "Natural Oil Polyols Market Size , Share & Trends Analysis Report By Product (Soy oil, Castor oil, Palm oil, Canola oil, Sunflower oil, Others), By Application (Furniture and Interiors, Construction, Electronics & Appliances, Others), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
- The growth of the market is likely to be propelled by the increasing consumption of bio-based polyurethane foams in automotive, construction, electrical and electronics, and other sectors.
- Soy oil polyols are majorly used as an alternative industrial ingredient for polyurethane products in binder systems, such as carpet backing.
- The surging demand for soy oil polyols for use in food and animal feed is also estimated to fuel the growth of this segment.