ALL >> Business >> View Article
Global Bio Based Resin Market

Global Bio Based Resin Market was valued US$ 9.051 Bn in 2019 and is estimated to reach US$ 28.451 Bn by 2027 at a CAGR of 15.39%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Increasing demand from sector such as aerospace, wind energy, packaging and paints and coatings is the primary growth driver for bio based resin market. In addition, government regulations on synthetic resins favors the market growth. Penetration of bio based resin upcoming application will create an opportunity for market. Robust growth of construction industry is fuelling the demand for paints and coatings thereby demanding the bio based resin. Bio based resin demand will be propelled by to the aerospace industry’s ...
... demand for epoxy resins as raw materials for manufacturing aircrafts. However, high production cost of bio resin act as a restraining factor for market growth.
Non-biodegradable segment accounts for the largest share and is expected to grow at a substantial rate in response to growing importance of sustainable packaging in countries, such as China and India. Polyethylene terephthalate, bio-polyol and polyurethane, bio-polyamides, bio-polytrimethylene terephthalate are various types of non-biodegradable bio-based resins. Among non-biodegradable segment, bio-based polyethylene terephthalate (PET) is increasingly used in the manufacture of bottle caps, mineral water bottles, carbonated soft drink (CSD) bottles, and dairy packaging thereby fuelling the market’s growth.
Europe held the largest market share and is expected to retain throughout the forecast period. Increasing penetration of compostable bio-based waste bags and government subsidies in promoting biodegradable resins is driving the market growth in Europe. In addition, growing research, aims at developing bio-based resins and fiber reinforcements to produce new sustainable thermoset composites for the demanding construction and automotive sectors, is also expected to augment the demand. The Asia Pacific region is estimated as dominant in terms of consumption of bio-based epoxy resins during the forecast period which can be attributed to the intense presence of end-use industries such as composites, electronics, coatings, etc.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding bio based resin market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Bio based resin market.
For More Information Visit :https://www.maximizemarketresearch.com/market-report/global-bio-based-resin-market/26751/
Scope of Global Bio Based Resin Market
Global Bio Based Resin Market, By Product:
• Biodegradables
o Starch-based
o Cellulose Derivatives
o Polyvinyl Alcohol
o Bio Epoxy Resins
o Polylactic acid (PLA)
o Polyglycolic acid (PGA)
o Polycaprolactone (PCL)
o Polyhydroxybutyrate (PHB)
o Polybutylene Succinate (PBS)
o Polyhydroxyalkanoates (PHA)
o Polyanhydrides
o Others
• Non-biodegradables
o Biopolyethylene Terephthalate (PET).
o Biopolyethylene
o Biopolyamides
o Biopolyols and Polyurethane.
o Biopolytrimethylene Terephthalate (PTT).
o Bio-Polypropylene (PP)
o Others
Global Bio Based Resin Market, By End-user:
• Packaging
• Construction
• Automotive
• Food & Beverage
• Agriculture
• Healthcare
• Household and Consumable Goods
• Others
Global Bio Based Resin Market, by Region:
• North America
• South America
• Asia Pacific
• Europe
• Middle East & Africa
Key Player analyzed in the Report:
• DuPont Tate and Lyle
• Wageningen UR
• Archer Daniels Midland
• John Deere
• Braskem
• Metabolix
• Cereplast
• Dow Chemical
• BASF
• Cargill Nature Works
• Ashland Performance Materials
• Kemwerke
• Nature Composites
• Agri- Fibers Inc.
• Absecon Mills
• Etech Surf
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com
Address : Pune, Maharashtra 411051, India.
Contact: +919607195908
Add Comment
Business Articles
1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031Author: Lucintel LLC
2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC
3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC
4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry
5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management
6. The Role And Function Of A Collection Agency
Author: Bennett Carter
7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter
8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel
9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam
10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App
11. Building An Effective Energy Management System
Author: Jane
12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification
13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan
14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji
15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO