Product Code: GVR-1-68038-101-6
Bio-Based Construction Polymer Market Growth & Trends:
The global bio-based construction polymer market size is expected to reach USD 35.33 billion by 2030 according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 14.8% from 2024 to 2030. Rising bio-based polymer demand in various applications in the construction sector such as cladding panel, FRP bridge section, and glazing sealant is expected to remain a key driving force for the market growth.
Increasing regulatory intervention to decrease the dependency on petrochemical products and to reduce carbon and Green House Gas (GHG) emissions has driven end use industries to adopt bio based products as a replacement to fossil fuel based polymer. Policies such as Lead Market Initiative and Bio-preferred are anticipated to encourage the use of bio-based raw material for polymer production.
High demand for epoxies and cellulose acetate coupled with growing construction activities in emerging economies of Asia Pacific and South America such as China, India, and Brazil are anticipated to fuel industry growth significantly.
PLA and PHA are used to develop various bio-based materials such as bio-based plastics and thermoplastic composites that are used in decking, fences, and bridges in building and construction industry. This is anticipated to propel the market growth over the next eight years.
Bio-Based Construction Polymer Market Report Highlights:
- Polyethylene terephthalate (PET) dominated the market, with 49.5% of the share in 2023. This is attributable to the continued volatility in petroleum prices, which has driven manufacturers and consumers toward sustainable alternatives.
- Pipes accounted for the dominant market share in 2023 as bio-based polymers are extensively applied in pipe insulation and fittings.
- The Asia Pacific bio-based construction polymer market has dominated with 37.7% of the share in 2023. The China bio-based construction polymer market dominated the Asia Pacific market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Bio-based Construction Polymers Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Bio-based Construction Polymers Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Bio-based Construction Polymers Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Bio-based Construction Polymers Market: Product Movement Analysis, 2023 & 2030 (USD Million) (Volume in Kilotons)
- 4.3. Polyurethane
- 4.3.1. Polyurethane Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.4. Polyethylene Terephthalate (PET)
- 4.4.1. Polyethylene Terephthalate (PET) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.5. Epoxies
- 4.5.1. Epoxies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.6. Cellulose Acetate
- 4.6.1. Cellulose Acetate Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.7. Others
- 4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
Chapter 5. Bio-based Construction Polymers Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Bio-based Construction Polymers Market: Application Movement Analysis, 2023 & 2030 (USD Million) (Volume in Kilotons)
- 5.3. Pipes
- 5.3.1. Pipes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4. Insulation
- 5.4.1. Insulation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5. Profile
- 5.5.1. Profile Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
Chapter 6. Bio-based Construction Polymers Market: Regional Estimates & Trend Analysis
- 6.1. Bio-based Construction Polymers Market Share, By Region, 2023 & 2030 (USD Million) (Volume in Kilotons)
- 6.2. North America
- 6.2.1. North America Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.2.3. Canada
- 6.2.3.1. Canada Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3. Europe
- 6.3.1. Europe Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.2. UK
- 6.3.2.1. UK Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.3. Germany
- 6.3.3.1. Germany Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.4. France
- 6.3.4.1. France Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.5. Italy
- 6.3.5.1. Italy Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.6. Spain
- 6.3.6.1. Spain Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.7. Russia
- 6.3.7.1. Russia Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.8. Denmark
- 6.3.8.1. Denmark Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.9. Sweden
- 6.3.9.1. Sweden Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.3.10. Norway
- 6.3.10.1. Norway Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.2. China
- 6.4.2.1. China Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.3. Japan
- 6.4.3.1. Japan Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.4. India
- 6.4.4.1. India Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.6. Australia
- 6.4.6.1. Australia Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.7. Vietnam
- 6.4.7.1. Vietnam Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.4.8. Indonesia
- 6.4.8.1. Indonesia Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.5. Latin America
- 6.5.1. Latin America Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.6.3. South Africa
- 6.6.3.1. South Africa Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.6.4. UAE
- 6.6.4.1. UAE Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 6.6.5. Kuwait
- 6.6.5.1. Kuwait Bio-based Construction Polymers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. BASF SE.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Evonik Industries
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Mitsubishi Gas Chemical Company Inc.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Nature Works LLC
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Bio-On.it
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Toyobo Co. Ltd.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. DuPont
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. TEIJIN limited.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Avient Corporation
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Tate & Lyle
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives
- 7.4.11. Hiusan Biosciences
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. Product Benchmarking
- 7.4.11.4. Recent Developments/ Strategic Initiatives
- 7.4.12. Kaneka Corporation.
- 7.4.12.1. Participant's Overview
- 7.4.12.2. Financial Performance
- 7.4.12.3. Product Benchmarking
- 7.4.12.4. Recent Developments/ Strategic Initiatives
- 7.4.13. SK Chemicals
- 7.4.13.1. Participant's Overview
- 7.4.13.2. Financial Performance
- 7.4.13.3. Product Benchmarking
- 7.4.13.4. Recent Developments/ Strategic Initiatives
- 7.4.14. BEWI
- 7.4.14.1. Participant's Overview
- 7.4.14.2. Financial Performance
- 7.4.14.3. Product Benchmarking
- 7.4.14.4. Recent Developments/ Strategic Initiatives
- 7.4.15. Green Dot Bioplastic
- 7.4.15.1. Participant's Overview
- 7.4.15.2. Financial Performance
- 7.4.15.3. Product Benchmarking
- 7.4.15.4. Recent Developments/ Strategic Initiatives
- 7.4.16. Solvay
- 7.4.16.1. Participant's Overview
- 7.4.16.2. Financial Performance
- 7.4.16.3. Product Benchmarking
- 7.4.16.4. Recent Developments/ Strategic Initiatives
- 7.4.17. Trinseo
- 7.4.17.1. Participant's Overview
- 7.4.17.2. Financial Performance
- 7.4.17.3. Product Benchmarking
- 7.4.17.4. Recent Developments/ Strategic Initiatives
- 7.4.18. World Centric. Com
- 7.4.18.1. Participant's Overview
- 7.4.18.2. Financial Performance
- 7.4.18.3. Product Benchmarking
- 7.4.18.4. Recent Developments/ Strategic Initiatives
- 7.4.19. Yield10 Bioscience, Inc.
- 7.4.19.1. Participant's Overview
- 7.4.19.2. Financial Performance
- 7.4.19.3. Product Benchmarking
- 7.4.19.4. Recent Developments/ Strategic Initiatives