The bio-based polyurethane market will touch a value of USD 63.3 million by 2030, at a compound annual growth rate of 6.9% in the years to come. The growth of the industry is because of the numerous uses of this polymer, like in footwear, packaging, biomedical and transportation industry.
Bio-based polyurethane coatings are widely replacing petrochemical coatings as they do not pose much damage to the environment and are affordable, easily accessible and recyclable.
The largest share, more than