Japan Green and Bio-based Polyol Market Size, Share, and COVID-19 Impact Analysis, By Product (Green Polyol and Bio-based Polyol), By Application (Foam Insulation, Coatings and Paints, Adhesives and Sealants, Composites, Electronics, Textiles and Apparel, and Others), and Japan Green and Bio-based Polyol Market Insights, Industry Trend, Forecasts to 2035

Japan Green and Bio-based Polyol Market Size Insights Forecasts to 2035

• The Japan Green and Bio-based Polyol Market Size Was Estimated at USD 614.8 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.6% from 2025 to 2035
• The Japan Green and Bio-based Polyol Market Size is Expected to Reach USD 1,523.4 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the Japan Green and Bio-Based Polyol Market Size is anticipated to reach USD 1,523.4 million by 2035, growing at a CAGR of 8.6% from 2025 to 2035. The Japan green and bio-based polyol market is growing rapidly owing to rising environmental consciousness, strong regulations, and advances in environmentally friendly production processes. It is driven by growing demand for eco-friendly products and government policies encouraging carbon neutrality and sustainable materials.

Market Segmentation

The Japan green and bio-based polyol market share is classified into product and application.

• The bio-based polyol segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan green and bio-based polyol market is segmented by product into green polyol and bio-based polyol. Among these, the bio-based polyol segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to their relatively lower carbon footprints compared to their petroleum-based alternatives. Bio-based polyols also blend more compatibly into traditional polyurethane formulations, enabling easier application within current manufacturing processes without compromising functionality.

• The foam insulation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan green and bio-based polyol market is segmented by application into foam insulation, coatings and paints, adhesives and sealants, composites, electronics, textiles and apparel, and others. Among these, the foam insulation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to rising electricity prices and stricter building standards in Japan drive demand for bio-based polyol polyurethane foams. These energy-efficient foams increase thermal insulation in roofs, walls, and refrigeration, offering improved thermal performance and mechanical strength in residential and commercial buildings.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan green and bio-based polyol market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Asahi Kasei Corporation
• Kaneka Corporation
• Mitsui Chemicals
• DIC Corporation
• Covestro Japan Ltd.
• Sanyo Chemical
• Mitsubishi Chemical Group
• Tosoh Corporation
• BioBased Technologies
• Cargill
• Emery Oleochemicals
• BASF
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan green and bio-based polyol market based on the below-mentioned segments:

Japan Green and Bio-based Polyol Market, By Product

• Green Polyol
• Bio-based Polyol

Japan Green and Bio-based Polyol Market, By Application

• Foam Insulation
• Coatings and Paints
• Adhesives and Sealants
• Composites
• Electronics
• Textiles and Apparel
• Others