Global Bio-based Epoxy Resins Market Research Report 2024(Status and Outlook)

The Global Bio-based Epoxy Resins Market Size was estimated at USD 85.63 million in 2023 and is projected to reach USD 152.52 million by 2029, exhibiting a CAGR of 10.10% during the forecast period.

Global Market Size:

 

The Global Bio-based Epoxy Resins Market Size was estimated at USD 85.63 million in 2023 and is projected to reach USD 152.52 million by 2029, exhibiting a CAGR of 10.10% during the forecast period.

 

 

 

Bio-based epoxy resins, derived from renewable resources such as plant oils, lignin, and sugars, represent a sustainable alternative to traditional petroleum-based epoxy resins. The global production and consumption of bio-based epoxy resins have been growing, driven by increasing environmental awareness and demand for sustainable materials across various industries.

 

Global Production of Bio-Based Epoxy Resins

Production Processes

 

Bio-based epoxy resins are typically produced using one of the following methods:

 

  • Epoxidation of Plant Oils: Vegetable oils like soybean and linseed oil are converted into epoxy resins through chemical processes.
  • Lignin-based Epoxy Resins: Lignin, a byproduct of the paper industry, is chemically modified to produce epoxy resins.
  • Sugar-based Epoxy Resins: Sugars like sorbitol are converted into bio-based epoxy precursors.

 

These methods often involve complex chemistries but have the advantage of utilizing renewable feedstocks and reducing reliance on fossil fuels.

 

Global Consumption of Bio-Based Epoxy Resins

 

Market Demand and Applications

 

 

Regional Consumption Patterns

 

  • North America: Leading in the adoption of bio-based epoxy resins, driven by strong environmental regulations and consumer preferences for sustainable products.
  • Europe: Significant growth due to stringent EU regulations on emissions and waste management, with Germany and France being major consumers.
  • Asia-Pacific: Rapid industrialization and increasing environmental awareness are driving growth, particularly in China and Japan.
  • Rest of the World: Emerging markets in South America and Africa are beginning to adopt bio-based resins, though at a slower pace compared to developed regions.

 

Market Trends and Future Outlook

 

Several trends are shaping the future of the bio-based epoxy resin market:

 

Regional Market SIze:

 

The USA market for Global Bio-based Epoxy Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

 

The China market for Global Bio-based Epoxy Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

 

The Europe market for Global Bio-based Epoxy Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

 

 

Report Overview:

Epoxy resins are a class of advanced thermosetting resins that include a wide variety of crosslinking polymers, including unsaturated polyester resins, phenol-formaldehyde resins and amino resins. Bio-based epoxy resins are made from plant-based carbon in place of petroleum-based carbon. Bio-based epoxy resins exhibit certain properties which make them more attractive than other epoxy resins present in the market. Some of these properties are no nasty smell, relatively superior to petroleum-based epoxy resins, low VOC, low odour, superior strength and UV resistance transparency.

This report provides a deep insight into the global Bio-based Epoxy Resins market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porters five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Bio-based Epoxy Resins Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Bio-based Epoxy Resins market in any manner.

Global Bio-based Epoxy Resins Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

 

  • Sicomin
  • Gougeon Brothers
  • Wessex Resins
  • COOE (Change Climate)
  • Spolchemie
  • ATL Composites
  • Bitrez

Market Segmentation (by Type)

 

  • Bio-based Carbon Content: 28-40%
  • Bio-based Carbon Content: 40%
  • Other

Market Segmentation (by Application)

 

  • Coatings
  • Electronics
  • Adhesives
  • Composites
  • Others

Geographic Segmentation

 

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

 

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Bio-based Epoxy Resins Market
  • Overview of the regional outlook of the Bio-based Epoxy Resins Market:

Key Reasons to Buy this Report:

 

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porters five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
  • Customization of the Report

Chapter Outline

 

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Bio-based Epoxy Resins Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


Table of content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Bio-based Epoxy Resins
1.2 Key Market Segments
1.2.1 Bio-based Epoxy Resins Segment by Type
1.2.2 Bio-based Epoxy Resins Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Bio-based Epoxy Resins Market Overview
2.1 Global Market Overview
2.1.1 Global Bio-based Epoxy Resins Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Bio-based Epoxy Resins Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Bio-based Epoxy Resins Market Competitive Landscape
3.1 Global Bio-based Epoxy Resins Sales by Manufacturers (2019-2024)
3.2 Global Bio-based Epoxy Resins Revenue Market Share by Manufacturers (2019-2024)
3.3 Bio-based Epoxy Resins Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Bio-based Epoxy Resins Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Bio-based Epoxy Resins Sales Sites, Area Served, Product Type
3.6 Bio-based Epoxy Resins Market Competitive Situation and Trends
3.6.1 Bio-based Epoxy Resins Market Concentration Rate
3.6.2 Global 5 and 10 Largest Bio-based Epoxy Resins Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Bio-based Epoxy Resins Industry Chain Analysis
4.1 B

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prajakta pawar

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