Soybean Oil-Based Polyols Analysis, Production and Price PDF


Renugiri1148

Uploaded on May 19, 2025

Category Business

Soybean oil-based polyols are gaining popularity as sustainable alternatives to petroleum-based polyols in the production of polyurethane foams. The global plant oil polyols market, which includes soybean oil-based variants, is projected to grow from USD 1.33 billion in 2025 to USD 2.22 billion by 2033, at a CAGR of 7.5% . This growth is driven by the increasing demand for eco-friendly materials in industries such as construction, automotive, and furniture. The price of soybean oil-based polyols is closely tied to soybean crop yields and oil prices. According to the USDA, the U.S. season-average farm price for soybeans is forecast at $10.25 per bushel for the 2025/26 period, up from $9.95 per bushel in 2024/25 . This increase in raw material costs may lead to higher prices for soybean oil-based polyols. However, advancements in processing technologies and economies of scale could help mitigate some of these cost pressures.

Category Business

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