| Product Code: ETC11448364 | Publication Date: Apr 2025 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Iceland bio-based polyurethane market witnessed a steady increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was 6.73%. Notably, the year-on-year growth rate spiked to 23.56% in 2024, indicating a significant surge in import volumes during that period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Iceland Bio-Based Polyurethane Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Iceland Bio-Based Polyurethane Market - Industry Life Cycle |
3.4 Iceland Bio-Based Polyurethane Market - Porter's Five Forces |
3.5 Iceland Bio-Based Polyurethane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Iceland Bio-Based Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Iceland Bio-Based Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Iceland Bio-Based Polyurethane Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Iceland Bio-Based Polyurethane Market Revenues & Volume Share, By Environmental Impact, 2021 & 2031F |
4 Iceland Bio-Based Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for sustainable and eco-friendly products |
4.2.2 Government regulations promoting the use of bio-based materials |
4.2.3 Growing awareness about the environmental impact of traditional polyurethane products |
4.3 Market Restraints |
4.3.1 High production costs compared to conventional polyurethane |
4.3.2 Limited availability of feedstock for bio-based polyurethane production |
4.3.3 Technological challenges in developing bio-based polyurethane with comparable performance to traditional polyurethane |
5 Iceland Bio-Based Polyurethane Market Trends |
6 Iceland Bio-Based Polyurethane Market, By Types |
6.1 Iceland Bio-Based Polyurethane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Foam, 2021 - 2031F |
6.1.4 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Elastomers, 2021 - 2031F |
6.1.5 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Adhesives, 2021 - 2031F |
6.2 Iceland Bio-Based Polyurethane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.2.3 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Footwear, 2021 - 2031F |
6.2.4 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.3 Iceland Bio-Based Polyurethane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.4 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4 Iceland Bio-Based Polyurethane Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.4.3 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Corn-Based, 2021 - 2031F |
6.4.4 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.5 Iceland Bio-Based Polyurethane Market, By Environmental Impact |
6.5.1 Overview and Analysis |
6.5.2 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.5.3 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.5.4 Iceland Bio-Based Polyurethane Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
7 Iceland Bio-Based Polyurethane Market Import-Export Trade Statistics |
7.1 Iceland Bio-Based Polyurethane Market Export to Major Countries |
7.2 Iceland Bio-Based Polyurethane Market Imports from Major Countries |
8 Iceland Bio-Based Polyurethane Market Key Performance Indicators |
8.1 Percentage of bio-based polyurethane products in the total polyurethane market |
8.2 Number of research and development projects focused on bio-based polyurethane materials |
8.3 Adoption rate of bio-based polyurethane in key industries such as construction, automotive, and packaging |
9 Iceland Bio-Based Polyurethane Market - Opportunity Assessment |
9.1 Iceland Bio-Based Polyurethane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Iceland Bio-Based Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Iceland Bio-Based Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Iceland Bio-Based Polyurethane Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Iceland Bio-Based Polyurethane Market Opportunity Assessment, By Environmental Impact, 2021 & 2031F |
10 Iceland Bio-Based Polyurethane Market - Competitive Landscape |
10.1 Iceland Bio-Based Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Iceland Bio-Based Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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