Global Bio Epoxy Resin Market Growth 2024-2030
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.
The global Bio Epoxy Resin market size is projected to grow from US$ 88.3 million in 2024 to US$ 139 million in 2030; it is expected to grow at a CAGR of 7.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Bio Epoxy Resin Industry Forecast” looks at past sales and reviews total world Bio Epoxy Resin sales in 2023, providing a comprehensive analysis by region and market sector of projected Bio Epoxy Resin sales for 2024 through 2030. With Bio Epoxy Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio Epoxy Resin industry.
This Insight Report provides a comprehensive analysis of the global Bio Epoxy Resin 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 Epoxy Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio Epoxy Resin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio Epoxy Resin and breaks down the forecast by Type, 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 Epoxy Resin.
The core global bio-based epoxy resin (Bio Epoxy Resin) manufacturers include Spolchemie, Gougeon Brothers, Sicomin, Wessex Resins, ATL Composites and COOE (Change Climate), etc. The top three manufacturers account for approximately 80% of the global share. Europe is the world's largest market, accounting for nearly 51% of the market.
In terms of product types, bio-based carbon content: 28-40% occupies a dominant position, accounting for 81% of the share. At the same time, in terms of applications, coatings are the largest application field, accounting for 44%.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio Epoxy Resin market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Bio-based Carbon Content: 28-40%
Bio-based Carbon Content: ≥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 analysing the company's coverage, product portfolio, its market penetration.
Sumitomo
Gougeon Brothers
Wessex Resins
COOE (Change Climate)
ATL Composites
Bitrez
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio Epoxy Resin market?
What factors are driving Bio Epoxy Resin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio Epoxy Resin market opportunities vary by end market size?
How does Bio Epoxy Resin break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.