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Latest Trends in the Bio Based Construction Polymers Market by 2024

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.

The Global Bio Based Construction Polymers Market is expected to reach USD 33.26 billion by 2024 according to a new report by Grand View Research, Inc.


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.

To Know More About Bio Based Construction Polymers Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/bio-based-construction-polymers-market 

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.

Top Players of Bio Based Construction Polymers Market:

Key players in the market include Mitsubishi Gas Chemical, Tate & Lyle, DuPont de Nemours, BASF, Toyobo, SK Chemicals, Bio-On, Nature Works, Synbra, Kaneka TEPHA and Ube.

Market Segmentation of Bio Based Construction Polymers Market:

The Global Bio Based Construction Polymer Market segmented on the basis of Product, Application and Region.

By Product:

Cellulose Acetate (CA)
Epoxies
Polyethylene terephthalate (PET)
Polyurethane (PUR)

By Application:

Pipe
Profile
Insulation

By Region:

North America
Europe
Asia Pacific
Middle East & Africa
Central & South America

Inquire about Bio Based Construction Polymers Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3141 
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