Bio-Based Epoxy Resins Market 2022 Top Leading Companies, Regional Data Analysis, Share, Revenue, Scope and Forecast by 2027

Astute Analytica released a new market report on the Bio-Based Epoxy Resins Market. The in-depth study of the industry includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The Global Bio-Based Epoxy Resins Market is projected to grow from US$ 170.2 million in 2021 to US$ 220.1 million by 2027, registering a tremendous compound annual growth rate (CAGR) of 4.4% during the forecast period 2022 to 2027.

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Regional Analysis:

As economies reopen and countries are lifting limitations, the US chemical industry is forecast for a significant recovery in 2022, which could boost plant utilization rates that were affected hard by the pandemic. In the United States, industrial production is forecast to increase by 5.5 percent in 2021 and 4.3 percent in 2022. Chemical volumes in the United States are forecast to rise 1.5 % in 2021 and 3.0% in 2022, while shipments to rise 8.0 % in 2021 and 2022, following a 13.5% drop in 2020.

The Asia Pacific region size value was 36.0% market share, maintaining the largest market share across all regions. As a result of the existence of critical developing economies such as China, India, and Japan in this region, recording the largest market share in the market. Paints and coatings, water treatment, personal care ingredients and cosmetics, electronics, agriculture, and other sectors employ chemicals throughout the Asia-Pacific area. For foreign investors, these places provide excellent investment options. China was the largest specialty chemical market in Asia in 2019, accounting for about 38.9% of the global market. India came in second with a 23.1% share of the total market.

COVID-19 Impact:

Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies' stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.

Major Key Players in Bio-Based Epoxy Resins Market are:

Chang Chun Group
Entropy Resins
Greenpoxy
Sicomin Epoxy Systems
Amroy Europe Oy
Wessex Resins & Adhesives Ltd
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Bio-Based Epoxy Resins Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Type Segment

Bio-based Carbon Content: 28-50%
Bio-based Carbon Content: ≥50%
By Ingredient

Glycerol
Hemp
Vegetable
Plant Oil
Soybean Oil
Linseed Oil
Canola Oil
Karanja Oil
Others
By Form

Liquid
Solid
Solution
By Application

Diglycidyl Ethers of Isosorbide (DGEI)
Epoxidized Cardanol (Coatings)
Epoxidized Linseed Oil
Furan diepoxy of 2,5-bis (hydroxymethyl)-furan (BHMF)
Liquid epoxidized natural rubber (LENR)
Terpene-maleic estertype epoxy (TME)
By End-Use

Aerospace
Building & Construction
Consumer Goods
Electrical & Electronics
Marine
Wind Power
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The U.K.
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
South America
Argentina
Brazil
Rest of South America
Middle East
UAE
Saudi Arabia
Egypt
Rest of the Middle East
Africa
South Africa
Nigeria
Rest of Africa
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This release was published on openPR.