The "Bio-based Epoxy Resins Market Share, Size, Trends, Industry Analysis Report, By Ingredient; By Application; By Regions; Segment Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global bio-based epoxy resins market expected to reach USD 117.0 million by 2027, according to the study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global bio-based epoxy resins industry is driven by strong government intent towards decreasing carbon footprint, abundant natural feedstock in the emerging nations, and innovations in the epoxy resin systems. Moreover, the growth outlook in various end-use industries also boosting the sales of bio-based epoxies.
The global bio-based epoxy resins industry is fragmented based on ingredient, application, and region. In terms of ingredient, the market for bio-based epoxy resins is segmented into vegetable, glycerol, canola, hemp, soya bean oil, plant oils, and others. The market segment is further divided into coatings, electronics, adhesives, food industry, composites, and others.
List of Key Players
Sicomin Epoxy Systems
Entropy Resins (acquired by Gougeon Brothers Inc.)
Chang Chun Group
Nagase ChemteX Corporation
Stahl Holdings B.V.
The plant oils segment accounted for the largest revenue share of the global bio-based epoxy resins industry owing to its wide availability as a feedstock or raw material. However, the soyabean oil market segment is expected to expand at the fastest CAGR during the forecast period.
Based on application, the electronics market segment is expected to account for a significant share in 2027. This can be attributed to the use of bio-based epoxy resins in several electronic components as they require high thermal conductivity, low cross-reactivity, and higher efficiency.
North America's bio-based epoxy resins industry accounted for the highest share in terms of market revenue in 2019. Key market factors responsible include forward product integration by ingredient and chemicals companies. Moreover, the expertise and technical know-how by the enterprises also favoring its market growth.
The major bio-based epoxy resins industry players include Entropy Resins (acquired by Gougeon Brothers Inc.), Specific Polymers, Wessex Resins, and Stahl Holdings B.V. These companies together account for a significant market share.
Key Topics Covered:
2. Executive Summary
3. Research Methodology
4. Bio-based Epoxy Resins Market Insights
4.1. Bio-based Epoxy Resins - Industry snapshot
4.2. Bio-based Epoxy Resins Market Dynamics
4.2.1. Drivers and Opportunities
126.96.36.199. Innovations in the bio-based epoxy resin systems
188.8.131.52. Increasing demand in several application industries
4.2.2. Restraints and Challenges
184.108.40.206. Fluctuations in raw material prices
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Bio-based Epoxy Resins Market Industry trends
5. Bio-based Epoxy Resins Market Assessment by Ingredient
5.1. Key Findings
5.2.1. Global Bio-based Epoxy Resins Market, By Ingredient, 2016-2027 (USD Million)
5.3.1. Global Bio-based Epoxy Resins Market, by Vegetable, by Region, 2016-2027 (USD Million)
5.4.1. Global Bio-based Epoxy Resins Market, by Glycerol, by Region, 2016-2027 (USD Million)
5.5.1. Global Bio-based Epoxy Resins Market, by Canola, by Region, 2016-2027 (USD Million)
5.6.1. Global Bio-based Epoxy Resins Market, by Hemp, by Region, 2016-2027 (USD Million)
5.7. Soyabean Oil
5.7.1. Global Bio-based Epoxy Resins Market, by Soyabean Oil, by Region, 2016-2027 (USD Million)
5.8. Plant Oils
5.8.1. Global Bio-based Epoxy Resins Market, by Plant Oils, by Region, 2016-2027 (USD Million)
5.9.1. Global Bio-based Epoxy Resins Market, by Others, by Region, 2016-2027 (USD Million)
6. Global Bio-based Epoxy Resins Market, by Application
6.1. Key Findings
6.6. Food Industry
7. Bio-based Epoxy Resins Market Assessment by Geography
7.1. Key findings
7.3. Bio-based Epoxy Resins Market - North America
7.4. Bio-based Epoxy Resins Market - Europe
7.5. Bio-based Epoxy Resins Market - Asia-Pacific
7.6. Bio-based Epoxy Resins Market - Middle East & Africa
7.7. Bio-based Epoxy Resins Market - Latin America
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/zeppo6
View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005879/en/
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