Bio-Based Epoxy Resins Market Business Insights of Leading Players, Segmentation and Forecast 2022 to 2027 | Chang Chun Group, Entropy Resins, Greenpoxy, Sicomin Epoxy Systems, Amroy Europe Oy, Wessex Resins & Adhesives Ltd

Astute Analytica has announced the release of its Bio-Based Epoxy Resins Market report, which will present all the latest trends in the market. The study also contributes to a quick estimation of the market's size, which is expected to expand significantly over the envisioned period. Furthermore, the report justifies new technological developments and mechanical enhancements when demand for this service/item grows globally.

The Bio-Based Epoxy Resins Market is estimated to witness a major leap forward in its revenue from US$ 170.2 Mn in 2021 to US$ 220.1 Mn by 2027. The market is registering a CAGR of 4.4% during the forecast period 2022-2027. In terms of volume, the market was valued at 24,898.1 tons in 2021 and is projected to grow at a CAGR of 4.1% over the forecast period.

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A complicated and significant component of the global economy and supply chain network is the chemical sector. Chemicals are created by transforming raw resources like water, minerals, metals, fossil fuels, and others into thousands of diverse products essential to contemporary life as we know it. Over US$ 5.7 trillion was made by the global chemical industry in total revenue in 2022.

In order to effectively combat climate change, chemical manufacturers can play a critical role. Chemicals and materials are omnipresent in contemporary life; therefore, major changes will be required for chemical makers to function in a changing geopolitical environment on a global scale, either proactively or reactively.

Chemical firms will probably need to prepare for difficulties in the upcoming year, such as global inflation and oil price instability. In light of these factors, 2023 may be a pivotal year for a change in strategy.

Chemical companies' decision-making processes are evolving as a result of digital implementation. In order to monetize the current investment pool before extending to fresh areas, the near-term focus will be on maintaining current platforms and capabilities.

The chemical industry will concentrate in Asia, more notably in China. India will eventually resemble China if development proceeds steadily, but only after a few decades.

An association market share analysis is included in the market studies to provide a more thorough picture of the important business players. Additionally, the studies cover important market developments such as mergers and acquisitions, innovation launches, agreements, collaborations, cooperative efforts, joint ventures, inventive work, and the geographic expansion of key market players on a global and regional scale. The market study also incorporates a valuable example and a product portfolio analysis of different associations by region.

Leading Player

The key players in the global bio-based epoxy resins market are Chang Chun Group, Entropy Resins, Greenpoxy, Sicomin Epoxy Systems, Amroy Europe Oy, and Wessex Resins & Adhesives Ltd. among others.

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Segmentation Overview

By Type Segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
Bio-based Carbon Content: 28-50%
Bio-based Carbon Content: ≥50%

By Ingredient Segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
Glycerol
Hemp
Vegetable
Plant Oil
Soybean Oil
Linseed Oil
Canola Oil
Karanja Oil
Others

By Form Segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
Liquid
Solid
Solution

By Application segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
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 Segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
Aerospace
Building & Construction
Consumer Goods
Electrical & Electronics
Marine
Wind Power
Others

By Region Segment of the Global Bio-Based Epoxy Resins Market is sub-segmented into:
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.