Global Bio Based Epoxy Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Bio Based Epoxy Industry Forecast” looks at past sales and reviews total world Bio Based Epoxy sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio Based Epoxy sales for 2023 through 2029. With Bio Based Epoxy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio Based Epoxy industry.
This Insight Report provides a comprehensive analysis of the global Bio Based Epoxy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio Based Epoxy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio Based Epoxy market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio Based Epoxy and breaks down the forecast by bio-based carbon content, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio Based Epoxy.
The global Bio Based Epoxy market size is projected to grow from US$ 65 million in 2022 to US$ 129.9 million in 2029; it is expected to grow at a CAGR of 129.9 from 2023 to 2029.
Global key players of bio based epoxy include Spolchemie, Gougeon Brothers, Sicomin, etc. The top three players hold a share about 80%. Europe is the largest producer, holds a share around 59%, followed by North America and Asia Pacific, with share 32% and 9%, separately. The largest market is Europe, has a share about 50%, followed by North America and Asia-Pacific, with around 31% and 16% market share respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio Based Epoxy market by product bio-based carbon content, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by bio-based carbon content
28-40%
Above 40%
Others
Segmentation by application
Coatings
Electronics
Adhesives
Composites
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sicomin
Gougeon Brothers
Wessex Resins
COOE (Change Climate)
Spolchemie
ATL Composites
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio Based Epoxy market?
What factors are driving Bio Based Epoxy market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio Based Epoxy market opportunities vary by end market size?
How does Bio Based Epoxy break out bio-based carbon content, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook