Global Bio-based Epoxy Resins Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Bio-based Epoxy Resins market size was valued at USD 79 million in 2022 and is forecast to a readjusted size of USD 150.4 million by 2029 with a CAGR of 9.6% during review period.
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.
Global 5 largest manufacturers of Bio-based Epoxy Resins are Spolchemie, Gougeon Brothers, Sicomin, Wessex Resins and ATL Composites, which make up over 90%. Among them, Spolchemie is the leader with about 35% market share.
Europe is the largest market, with a share about 50%, followed by North America and Asia-Pacific, with the share about 31% and 16%. In terms of product type, Bio-based Carbon Content: 28-40% occupies the largest share of the total market, about 83%. And in terms of application, the largest application is Coatings, followed by Composites.
The Global Info Research report includes an overview of the development of the Bio-based Epoxy Resins industry chain, the market status of Coatings (Bio-based Carbon Content: 28-40%, Bio-based Carbon Content: ≥40%), Electronics (Bio-based Carbon Content: 28-40%, Bio-based Carbon Content: ≥40%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bio-based Epoxy Resins.
Regionally, the report analyzes the Bio-based Epoxy Resins markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bio-based Epoxy Resins market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Bio-based Epoxy Resins market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bio-based Epoxy Resins industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Bio-based Carbon Content: 28-40%, Bio-based Carbon Content: ≥40%).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bio-based Epoxy Resins market.
Regional Analysis: The report involves examining the Bio-based Epoxy Resins market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bio-based Epoxy Resins market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Bio-based Epoxy Resins:
Company Analysis: Report covers individual Bio-based Epoxy Resins manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bio-based Epoxy Resins This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Coatings, Electronics).
Technology Analysis: Report covers specific technologies relevant to Bio-based Epoxy Resins. It assesses the current state, advancements, and potential future developments in Bio-based Epoxy Resins areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bio-based Epoxy Resins market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Bio-based Epoxy Resins market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Bio-based Carbon Content: 28-40%
Bio-based Carbon Content: ≥40%
Other
Market segment by Application
Coatings
Electronics
Adhesives
Composites
Others
Major players covered
Sicomin
Gougeon Brothers
Wessex Resins
COOE (Change Climate)
Spolchemie
ATL Composites
Bitrez
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bio-based Epoxy Resins product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bio-based Epoxy Resins, with price, sales, revenue and global market share of Bio-based Epoxy Resins from 2018 to 2023.
Chapter 3, the Bio-based Epoxy Resins competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bio-based Epoxy Resins breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Bio-based Epoxy Resins market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bio-based Epoxy Resins.
Chapter 14 and 15, to describe Bio-based Epoxy Resins sales channel, distributors, customers, research findings and conclusion.