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Bio-Based Epoxy Resins Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Bio-Based Epoxy Resins Market: By Type (Bio-based Carbon Content): 28-50% and Bio-based Carbon Content: ≥50%; Ingredient (Glycerol, Hemp, Vegetable, Plant Oil and Others); Form (Liquid & Solution, Solid); Application (Coatings, Electronics, Adhesives, Others); End User (Aerospace, Building & Construction, Consumer Goods, Electrical & Electronics, and Others); and Region—Industry Dynamics, Market Size and Opportunity Forecast for 2023–2031

  • Published On: 02-Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0322156
    Delivery: 2 to 4 Hours
Bio-Based Epoxy Resins Market

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Report AttributeDetails
Market Size Value in 2022US$ 177.1 Mn
Expected Revenue in 2031US$ 271.1 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
Segments coveredBy Type, By Ingredient, Form, By Application, By End-Use, By Region
Key Companies                                                                    ALPAS, Bitrez Ltd., Chang Chun Group, COOE (Change Climate), EcoPoxy, Entropy Resins, Gougeon Brothers, Greenpoxy, Huntsman Corporation, Kukdo Chemical, Nagase ChemteX Corporation, Resin Research Bio Epoxy, Resoltech, Sicomin Epoxy Systems, Other Prominent Players
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Bio-based epoxies are produced by epoxidation of renewable precursors such as unsaturated vegetable oils, saccharides, tannins, cardinals, terpenes, resins, and lignin.

The major end-user industry for epoxy resins includes electronics and paints & coatings followed by adhesives, composites, laminates and others.

Global Bio-Based Epoxy Market was valued at US$ 177.1 Mn in 2022. 

Global Bio-Based Epoxy Market is estimated to expand at a CAGR of 4.9% during the forecast period.

Global Bio-Based Epoxy Market is segmented based on type, form, ingredients, application, end users, and region.

The market is majorly driven by factors such as government regulations to curb carbon emissions and increased application use of bio-based epoxy resins.

The fluctuating cost of raw materials restricts the market growth of bio-based epoxy resins.

Liquid and solution form bio-based epoxy resins dominates the market in 2022.

Plant Oils are majorly used in the production of bio-based epoxy resins.

Diglycidyl ethers of isosorbide (DGEI) is the highest application segment of the Global Bio-Based Epoxy Market.

Consumer goods industry is the highest end user of bio-based epoxy resins.

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.