Global Bio-based Polyurethane Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Bio-based polyurethane is a type of polyurethane plastic that is derived from renewable biomass sources instead of fossil fuels. Polyurethane is a versatile polymer known for its wide range of applications, including foams, coatings, adhesives, elastomers, and flexible or rigid plastics. Bio-based polyurethane is produced using bio-based polyols, which are derived from renewable resources such as plant oils, starches, or biomass feedstocks. These bio-based polyols are combined with isocyanates to form the polyurethane polymer. The resulting bio-based polyurethane exhibits similar properties and functionality to its petroleum-based counterpart. The use of bio-based polyols in polyurethane production offers several environmental benefits. It reduces reliance on fossil fuels, decreases carbon emissions, and contributes to the development of a more sustainable and circular economy. Bio-based polyurethane has a lower carbon footprint compared to traditional polyurethane derived from petrochemical sources. Bio-based polyurethane can be formulated to meet specific performance requirements for various applications. It can be used to produce flexible or rigid foams, providing cushioning and insulation properties in mattresses, furniture, and automotive seating. Bio-based polyurethane can also be used in coatings and adhesives, offering durability and adhesion in applications such as paints, adhesives, and sealants. Research and development efforts are ongoing to optimize the production processes and improve the performance of bio-based polyurethane. This includes exploring new bio-based polyol sources, developing sustainable synthesis methods, and enhancing the overall sustainability and functionality of bio-based polyurethane. The utilization of bio-based polyurethane supports sustainability goals by reducing dependence on non-renewable resources and mitigating environmental impacts. It offers opportunities for industries to transition to more renewable and eco-friendly materials while maintaining the versatility and performance of polyurethane.

According to WENKH research statistics, the global Bio-based Polyurethane market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Bio-based Polyurethane market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Bio-based Polyurethane market is highly competitive, with key market players including BASF, Lubrizol, Dow Chemical, SNP, Mitsui Chemicals, Rampf Holding, Johnson Controls, Rhino Linings, Bayer Material, Woodbridge Foam, Malama Composites, TSE Industries, etc. This report categorizes the competitive landscape of the global Bio-based Polyurethane market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Bio-based Polyurethane market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Bio-based Polyurethane industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Bio-based Polyurethane and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Bio-based Polyurethane in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Bio-based Polyurethane market. By considering local policies, this report evaluates the market prospects of Bio-based Polyurethane in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

BASF

Lubrizol

Dow Chemical

SNP

Mitsui Chemicals

Rampf Holding

Johnson Controls

Rhino Linings

Bayer Material

Woodbridge Foam

Malama Composites

TSE Industries

Product Segment

Rigid Foams

Flexible Foams

Case (Coatings

Adhesives

Sealants and Elastomers)

Others

Product Application

Construction

Automotive

Electronics &Electrical Appliances

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Bio-based Polyurethane Industry Chain Analysis

Chapter 3: Global Bio-based Polyurethane Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Bio-based Polyurethane Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Bio-based Polyurethane Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 7: Global Bio-based Polyurethane Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 8: United States Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Germany Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Japan Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: France Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: South Korea Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: United Kingdom Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: India Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Italy Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Brazil Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Mexico Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Indonesia Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: Vietnam Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: South Africa Bio-based Polyurethane Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 22: Research Conclusion

Chapter 23: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.