The bio-based polyurethane industry has captured $34.8 million revenue, and it is projected to generate $63.3 million revenue, rising at a rate of 6.9% from 2021 to 2030. It is attributed to massive applications of polymer, such as biomedical, footwear, packaging, and transportation. 

Bio-based polyurethane coatings are the major substitute for petrochemical-based coatings, as they are easily accessible, biodegradable, and cause the least environmental impact. 

Polyurethanes can be modified by transforming the additives, raw materials, and manufacturing procedures. These can be customized and produced in a huge gamut of forms including adhesives, foams, fibers, sealants, elastomers, and coatings. 

Additionally, plastics help in achieving sustainability and reducing waste and thus support meeting environmental goals.

The largest bio-based polyurethane industry captures around 50% industry share. Adhesives and sealants, and rigid foam and coatings hold the next-significant share of the industry. Flexible foam based on bio-based polyurethane is light, supportive, durable, and comfortable. Cushioning material is used in a large number of commercial and consumer products, including automotive interiors, carpet underlay, mattresses, furniture, packaging, seating, and other items. 

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/bio-based-polyurethane-market/report-sample 

These material stems are garnering popularity due to being soft, highly firm, and even visco-elastic. 

Among end users, the packaging industry is expected to experience the highest growth in the coming future, rising at a rate of 9%. In addition, the large-scale usage of polyurethane adhesives such as printed bags, snack food bags, and shopping bags fuels the industry growth. 

Furthermore, consumer goods are expected to experience the next-significant bio-based polyurethane industry growth in the near future. For instance, the shoe industry needs polyurethane adhesives to combine waterproof attachments and insole materials, as they possess an extreme level of heat resistance, water resistance, initial flexibility, and strength. 

For example, China experiences significant sales and production of automobiles. In addition, Indonesia, Vietnam, India, and the Philippines have been involved in significant partnerships in the public-private construction sector, that impact the bio-based polyurethane sector in the industry.