Natural Oil Polyol Market Opportunities 2031
Natural oil polyols is also known as NOPs that are polyols derived from vegetable oils by several different techniques. Products in the global natural oil polyols market are mostly used in making polyurethane foam. As a cascading effect, the ocean of uses of the latter instills demand for natural oil polyols. It is used in various applications like construction, automotive, food, footwear, and others.
MARKET SCOPE
The "Global Natural Oil Polyol Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the natural oil polyol market with detailed market segmentation by product, application, and geography. The report provides key statistics on the market status of the leading natural oil polyol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global natural oil polyol market is segmented into soy oil polyols, palm oil polyols, castor oil polyols, sunflower oil polyols, canola oil polyols, others.
- Based on application, the global natural oil polyol market is segmented into construction, automotive, food, footwear, and others.
MARKET DYNAMICS
Drivers:
- Growing consumption in automotive sector.
- Increasing demand for its multitudinous applications such as fuel additive and other polymers.
- Rising disposal income of the consumers.
- Rising R&D activities drive the natural oil polyol market.
Restraints:
- Rising demand for raw materials may create gap between supply and demand which inturn impacts the market price trend of natural oil polyols market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The natural oil polyol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the natural oil polyol market in these regions.
IMPACT OF COVID-19 ON NATURAL OIL POLYOL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The natural oil polyol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the natural oil polyol market in these regions.
IMPACT OF COVID-19 ON NATURAL OIL POLYOL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the natural oil polyol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from natural oil polyol market are anticipated to lucrative growth opportunities in the future with the rising demand for natural oil polyol in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the natural oil polyol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Cargill Incorporation
- The Dow Chemical Company
- Elevance Renewable Sciences Inc
- IFS Chemicals Group
- Covestro AG
- Bio Based Technologies
- The Lubrizol Corporation
- Huntsman Corporation
- Jayant Agro Organics
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Natural Oil Polyol Market - By Product
1.3.2 Natural Oil Polyol Market - By Application
1.3.3 Natural Oil Polyol Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NATURAL OIL POLYOL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. NATURAL OIL POLYOL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NATURAL OIL POLYOL MARKET - GLOBAL MARKET ANALYSIS
6.1. NATURAL OIL POLYOL - GLOBAL MARKET OVERVIEW
6.2. NATURAL OIL POLYOL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NATURAL OIL POLYOL MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. SOY OIL POLYOLS
7.3.1. Overview
7.3.2. Soy Oil Polyols Market Forecast and Analysis
7.4. PALM OIL POLYOLS
7.4.1. Overview
7.4.2. Palm Oil Polyols Market Forecast and Analysis
7.5. CASTOR OIL POLYOLS
7.5.1. Overview
7.5.2. Castor Oil Polyols Market Forecast and Analysis
7.6. SUNFLOWER OIL POLYOLS
7.6.1. Overview
7.6.2. Sunflower Oil Polyols Market Forecast and Analysis
7.7. CANOLA OIL POLYOLS
7.7.1. Overview
7.7.2. Canola Oil Polyols Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. NATURAL OIL POLYOL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSTRUCTION
8.3.1. Overview
8.3.2. Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. FOOD
8.5.1. Overview
8.5.2. Food Market Forecast and Analysis
8.6. FOOTWEAR
8.6.1. Overview
8.6.2. Footwear Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. NATURAL OIL POLYOL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Natural Oil Polyol Market Overview
9.1.2 North America Natural Oil Polyol Market Forecasts and Analysis
9.1.3 North America Natural Oil Polyol Market Forecasts and Analysis - By Product
9.1.4 North America Natural Oil Polyol Market Forecasts and Analysis - By Application
9.1.5 North America Natural Oil Polyol Market Forecasts and Analysis - By Countries
9.1.5.1 United States Natural Oil Polyol Market
9.1.5.1.1 United States Natural Oil Polyol Market by Product
9.1.5.1.2 United States Natural Oil Polyol Market by Application
9.1.5.2 Canada Natural Oil Polyol Market
9.1.5.2.1 Canada Natural Oil Polyol Market by Product
9.1.5.2.2 Canada Natural Oil Polyol Market by Application
9.1.5.3 Mexico Natural Oil Polyol Market
9.1.5.3.1 Mexico Natural Oil Polyol Market by Product
9.1.5.3.2 Mexico Natural Oil Polyol Market by Application
9.2. EUROPE
9.2.1 Europe Natural Oil Polyol Market Overview
9.2.2 Europe Natural Oil Polyol Market Forecasts and Analysis
9.2.3 Europe Natural Oil Polyol Market Forecasts and Analysis - By Product
9.2.4 Europe Natural Oil Polyol Market Forecasts and Analysis - By Application
9.2.5 Europe Natural Oil Polyol Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Natural Oil Polyol Market
9.2.5.1.1 Germany Natural Oil Polyol Market by Product
9.2.5.1.2 Germany Natural Oil Polyol Market by Application
9.2.5.2 France Natural Oil Polyol Market
9.2.5.2.1 France Natural Oil Polyol Market by Product
9.2.5.2.2 France Natural Oil Polyol Market by Application
9.2.5.3 Italy Natural Oil Polyol Market
9.2.5.3.1 Italy Natural Oil Polyol Market by Product
9.2.5.3.2 Italy Natural Oil Polyol Market by Application
9.2.5.4 United Kingdom Natural Oil Polyol Market
9.2.5.4.1 United Kingdom Natural Oil Polyol Market by Product
9.2.5.4.2 United Kingdom Natural Oil Polyol Market by Application
9.2.5.5 Russia Natural Oil Polyol Market
9.2.5.5.1 Russia Natural Oil Polyol Market by Product
9.2.5.5.2 Russia Natural Oil Polyol Market by Application
9.2.5.6 Rest of Europe Natural Oil Polyol Market
9.2.5.6.1 Rest of Europe Natural Oil Polyol Market by Product
9.2.5.6.2 Rest of Europe Natural Oil Polyol Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Natural Oil Polyol Market Overview
9.3.2 Asia-Pacific Natural Oil Polyol Market Forecasts and Analysis
9.3.3 Asia-Pacific Natural Oil Polyol Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Natural Oil Polyol Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Natural Oil Polyol Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Natural Oil Polyol Market
9.3.5.1.1 Australia Natural Oil Polyol Market by Product
9.3.5.1.2 Australia Natural Oil Polyol Market by Application
9.3.5.2 China Natural Oil Polyol Market
9.3.5.2.1 China Natural Oil Polyol Market by Product
9.3.5.2.2 China Natural Oil Polyol Market by Application
9.3.5.3 India Natural Oil Polyol Market
9.3.5.3.1 India Natural Oil Polyol Market by Product
9.3.5.3.2 India Natural Oil Polyol Market by Application
9.3.5.4 Japan Natural Oil Polyol Market
9.3.5.4.1 Japan Natural Oil Polyol Market by Product
9.3.5.4.2 Japan Natural Oil Polyol Market by Application
9.3.5.5 South Korea Natural Oil Polyol Market
9.3.5.5.1 South Korea Natural Oil Polyol Market by Product
9.3.5.5.2 South Korea Natural Oil Polyol Market by Application
9.3.5.6 Rest of Asia-Pacific Natural Oil Polyol Market
9.3.5.6.1 Rest of Asia-Pacific Natural Oil Polyol Market by Product
9.3.5.6.2 Rest of Asia-Pacific Natural Oil Polyol Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Natural Oil Polyol Market Overview
9.4.2 Middle East and Africa Natural Oil Polyol Market Forecasts and Analysis
9.4.3 Middle East and Africa Natural Oil Polyol Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Natural Oil Polyol Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Natural Oil Polyol Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Natural Oil Polyol Market
9.4.5.1.1 South Africa Natural Oil Polyol Market by Product
9.4.5.1.2 South Africa Natural Oil Polyol Market by Application
9.4.5.2 Saudi Arabia Natural Oil Polyol Market
9.4.5.2.1 Saudi Arabia Natural Oil Polyol Market by Product
9.4.5.2.2 Saudi Arabia Natural Oil Polyol Market by Application
9.4.5.3 U.A.E Natural Oil Polyol Market
9.4.5.3.1 U.A.E Natural Oil Polyol Market by Product
9.4.5.3.2 U.A.E Natural Oil Polyol Market by Application
9.4.5.4 Rest of Middle East and Africa Natural Oil Polyol Market
9.4.5.4.1 Rest of Middle East and Africa Natural Oil Polyol Market by Product
9.4.5.4.2 Rest of Middle East and Africa Natural Oil Polyol Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Natural Oil Polyol Market Overview
9.5.2 South and Central America Natural Oil Polyol Market Forecasts and Analysis
9.5.3 South and Central America Natural Oil Polyol Market Forecasts and Analysis - By Product
9.5.4 South and Central America Natural Oil Polyol Market Forecasts and Analysis - By Application
9.5.5 South and Central America Natural Oil Polyol Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Natural Oil Polyol Market
9.5.5.1.1 Brazil Natural Oil Polyol Market by Product
9.5.5.1.2 Brazil Natural Oil Polyol Market by Application
9.5.5.2 Argentina Natural Oil Polyol Market
9.5.5.2.1 Argentina Natural Oil Polyol Market by Product
9.5.5.2.2 Argentina Natural Oil Polyol Market by Application
9.5.5.3 Rest of South and Central America Natural Oil Polyol Market
9.5.5.3.1 Rest of South and Central America Natural Oil Polyol Market by Product
9.5.5.3.2 Rest of South and Central America Natural Oil Polyol Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. NATURAL OIL POLYOL MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CARGILL INCORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. THE DOW CHEMICAL COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ELEVANCE RENEWABLE SCIENCES INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. IFS CHEMICALS GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. COVESTRO AG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BIO BASED TECHNOLOGIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THE LUBRIZOL CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HUNTSMAN CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. JAYANT AGRO ORGANICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. BASF SE
2. Cargill Incorporation
3. The Dow Chemical Company
4. Elevance Renewable Sciences Inc
5. IFS Chemicals Group
6. Covestro AG
7. Bio Based Technologies
8. The Lubrizol Corporation
9. Huntsman Corporation
10. Jayant Agro Organics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.