Bio-based Construction Polymer Market growthm

Bio-based
Construction Polymer Market growth outlook with industry review and forecast
2019-2025

Global Market Insights, Inc present the report on global Bio-based Construction Polymer Market
evaluates the growth trends of the industry through historical study and
estimates future prospects based on comprehensive research. The report
extensively provides the market share, growth, trends and forecasts for the
period 2019-2025.

Bio-based Construction Polymer Market size
is anticipated to significantly rise owing to the swelling demand for bio-based
products and green chemicals across the world during the forecast timespan.
Rising awareness concerning petrochemical product use along with growing
adoption of renewable materials will likely advance the product market. These
polymers are manufactured using renewable resources that finds major
applications in the construction industry.

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In addition, there has been a surge in the
production for bio based polymers to counter the escalating consumption of
petroleum based materials. Previously, these eco-friendly polymers were
extracted from agricultural feedstock such as corn, potatoes and other varied
carbohydrated items. Nevertheless, improvements in bio-technology has piloted
the manufacture of bio-based polymers by bacterial fermentation method from
sustainable resources such as cellulose, starch, organic waste and fatty acids.

Moreover, the budding presence of
favorable and strict regulations pertaining the use of bio-based or renewable
products for minimizing the carbon footprints around the globe. For instance,
government initiatives such as the Bio-Preferred Initiative (U.S.) and Lead
Market Initiative (U.K.) are vastly publicizing the bio-based material usage
for the production of different polymers. Also, major polymer manufacturers are
developing inexhaustible technologies and are joining businesses with different
bio-based technology companies to manufacture these polymers, directly boosting
the product market size in the coming years.

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Based on its product, the bio-based
construction polymer market size is categorized into polyethylene terephthalate
(PET), epoxies, polyurethane (PUR), polyethylene, cellulose acetate (CA) and
few others such as polyamide, polylactic acid, polyhydroxyalkanoate etc. Among
these, epoxies is expected to generate the maximum demand due to its extensive
applications in paints & coatings, adhesives, wood & concrete repair
etc.

On the basis of its applications, the
bio-based construction polymer market is classified into profiling, pipes,
insulation activities and few others such as concrete molds, cladding panels,
glazing sealants, anchor fixings and FRP bridge section. The product finds
widespread application in pipes owing to its sturdy, durable, corrosion
resistant and lightweight properties. These polymers are basically utilized in
roofing, building panels, sealants & adhesives and flooring activities
during construction.

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The bio-based construction polymer market
size is contributed by several key manufacturers aiding the market size. Some
of the key players comprised in the industry are PolyOne, BASF SE, Mitsubishi
Gas Chemical Company, Teijin Plastics, Evonik Industries, E. I. du Pont de
Nemours, Bio-On, Covestro, NatureWorks LLC, SK Chemicals, Toyobo Co. Ltd. and
Kaneka Corporation.

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