Bio-based Polyurethane Foam Market USD41.61.61 Million by 2030

Global Bio-based Polyurethane Foam Market was valued at USD 41.24 Million in 2023, and is expected to reach USD 61.61 Million by 2030, exhibiting a CAGR of 5.9 % during the forecast period (2024-2030)

Bio-based Polyurethane resins are made from natural oils, such as castor, soybean, and sunflower, with diisocyanates. The Bio-based Polyurethane Foam resins are used in a variety of applications including rigid and flexible foams, coatings, adhesives, sealants, elastomers, membranes, and fibres in sectors such as automotive, building and construction, electrical and electronics, packaging, and consumer products. Natural fiber-reinforced plastics and plant-based polymer resins used in automotive applications can reduce CO2 emissions and vehicle weight, which improves fuel efficiency.