Press release
Latest Trends In Global Bio-based Resin Market
The sources of today are plant-based, mostly by-products of the refinement of bio-diesel fuel made from corn or soybeans.
Other contenders include potatoes, lignocellulose, whey, algae, sugar beets, cane sugar, and sugar beets. The main reason why maize and soybeans are desirable is their abundance.
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Bio-resins are quite appealing. They lessen reliance on petrochemicals, and firms who utilise them can market greener products due to their price volatility.
They also have a better lifespan profile than materials made from petrochemicals. Until now, the challenge has been to efficiently transform corn and soybean products into the monomers needed to create a resin.
GLOBAL BIO-BASED RESIN MARKET SIZE AND FORECAST
The Global bio-based resin market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
NEW PRODUCT LAUNCH
Bitrez Ltd., a top producer of specialty chemicals and polymers in Europe, is launching a new line of bio-based thermosetting resins for the composites sector that are consistent with regulations.
The brand-new group of bio-based resins, which also includes PFA (Polyfurfuryl Alcohol) and bio-Epoxy systems, is REACH (registration, assessment, authorisation and restriction of chemicals) compliant and intended specifically for composite applications.
PFA is a thermosetting bio-resin made from biomass agricultural waste that shares many characteristics with phenolic resin but emits fewer volatile organic compounds.
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PFA possesses fire retardant qualities comparable to Phenolic, great temperature and chemical resistance, and environmental credentials.
Bisphenol A and epichlorohydrin are needed for epoxy resins. Bitrez provides epoxy products based on renewable replacement feedstock through the use of innovative chemistry, which when combined with our eco-friendly epoxy curing agents results in formulated systems with a high bio-content.
COMPANY PROFILE
Dow Chemical
Recticel SA
Armacell GMBH
Shell Chemicals Ltd
Bayer Material Science
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many Bio-Based Resin are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Bio-Based Resin and key vendor selection criteria
Where is the Bio-Based Resin manufactured? What is the average margin per unit?
Market share of Global Bio-Based Resin market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Bio-Based Resin in-house
5 key predictions for next 5 years in Global Bio-Based Resin market
Average B-2-B Bio-Based Resin price in all segments
Latest trends in Bio-Based Resin market, by every market segment
The market size (both volume and value) of the Bio-Based Resin market in 2023-2030 and every year in between?
Production breakup of Bio-Based Resin market, by suppliers and their OEM relationship
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
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