Global Natural Oil Polyols Market Size, Share, Development, Growth and Demand Forecast to 2023 The natural oil polyols market is driven by increasing polyurethane.

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Presentation transcript:

Global Natural Oil Polyols Market Size, Share, Development, Growth and Demand Forecast to 2023 The natural oil polyols market is driven by increasing polyurethane demand from automobile and infrastructure industries. For instance, the Ford Motor Company implemented polyurethane foam made by using soy oil in the seats of its 2008 Ford Mustang. Ford Motor Company has since placed soy foam seating in all its North American vehicle platforms. natural oil polyols market Request sample copy of report here: oil-polyols-market/report-sample oil-polyols-market/report-sample The different governments and international organizations are framing stringent environmental regulations to reduce the emission of greenhouse gases emission that is expected to fuel the growth of the global natural oil polyols market. Natural oil polyols are also known as biopolyols, which are derived from vegetable oils. Some of the major vegetable oil sources, such as sunflower oil, soy oil, castor oil and palm oil, are used as natural oil polyols feedstock. Many vegetable-based oils have structures that lend themselves well as a base for these products, leading to the production of bio-based polyols. Environmental Protection Agency (EPA) set a policy to promote environment-friendly products pertaining to health and ecosystem safety. In North America, Environmental Protection Agency (EPA) introduced emission standards for cars and light trucks. Based on product, the soy oil polyols was the major revenue contributor to the global natural oil polyols market. The major reason behind the growth of the soy oil polyols segment is the ease of processing and abundant availability of raw materials on account of increasing soy acreage in the U.S. and Brazil. In 2015, North America was the largest natural oil polyols market, followed by Northern Europe and Asia-Pacific. The increasing demand for bio-based polyurethane coupled with the availability of major raw materials, such as soy, in the U.S. is expected to drive the North American natural oil polyols market. Access Report Summary with Detailed TOC at: analysis/natural-oil-polyols-market analysis/natural-oil-polyols-market Some of the major competitors in the global natural oil polyols market include The Dow Chemical Company, Cargill Inc, BASF SE, Huntsman Corporation, Bayer Material Science AG, Emery Oleochemicals, BioBased Technologies LLC, Elevance Renewable Sciences Inc. and IFS Chemicals Group.