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Synopsis
Bio-based resins are synthetic compounds made from renewable raw materials. These resins are different from conventional resins and are used for the manufacturing of various products such as packaging materials, furniture, carpets, films, bottles, cups, and automotive parts. Raw materials required for the production of bio-based resins are sugar cane, wood pulp, soybean, coffee, castor plant seeds, corn, and many other plant-, marine-, and forestry-based materials.
The global Bio-Based Resins market was valued at US$ 32 million in 2023 and is anticipated to reach US$ 64 million by 2030, witnessing a CAGR of 10.3% during the forecast period 2024-2030.
Growing consumer interest toward eco-friendly packaging materials is expected to drive the market during the forecast period. Factors, such as rising sales of green products (as they offer functional benefits), and need for sustainable manufacturing process, are expected to stimulate the demand for bio packaging materials made by bio resins. Also, these growing consumer preference for eco-friendly packaging is resulting in shifting interest among plastic manufacturers toward bio resin-based products, thereby driving the market. Europe accounted for the largest market share during 2016 and will retain its market dominance during the predicted period. The European market is witnessing a high rate of penetration of compostable bio-based waste bags and loose-fill packaging materials. The provision of subsidies from the governments to promote the use of bio-based or biodegradable resins will fuel the use of bio-based resins across various end users in this region.
This report aims to provide a comprehensive presentation of the global market for Bio-Based Resins, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Based Resins.
Report Scope
The Bio-Based Resins market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bio-Based Resins market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bio-Based Resins manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Arkema
- Ashland
- BASF
- DuPont
- Huntsman International
Segment by Type
- Non-Biodegradable Bio-Based Resins
- Biodegradable Bio-Based Resins
Segment by Application
- Packaging
- Automotive
- Construction
- Others
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bio-Based Resins manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bio-Based Resins by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bio-Based Resins in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Bio-Based Resins Market Overview
1.1 Product Definition
1.2 Bio-Based Resins Segment by Type
1.2.1 Global Bio-Based Resins Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Non-Biodegradable Bio-Based Resins
1.2.3 Biodegradable Bio-Based Resins
1.3 Bio-Based Resins Segment by Application
1.3.1 Global Bio-Based Resins Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Packaging
1.3.3 Automotive
1.3.4 Construction
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Bio-Based Resins Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Bio-Based Resins Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Bio-Based Resins Production Estimates and Forecasts (2019-2030)
1.4.4 Global Bio-Based Resins Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Bio-Based Resins Production Market Share by Manufacturers (2019-2024)
2.2 Global Bio-Based Resins Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Bio-Based Resins, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Bio-Based Resins Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Bio-Based Resins Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Bio-Based Resins, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bio-Based Resins, Product Offered and Application
2.8 Global Key Manufacturers of Bio-Based Resins, Date of Enter into This Industry
2.9 Bio-Based Resins Market Competitive Situation and Trends
2.9.1 Bio-Based Resins Market Concentration Rate
2.9.2 Global 5 and 10 Largest Bio-Based Resins Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bio-Based Resins Production by Region
3.1 Global Bio-Based Resins Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Bio-Based Resins Production Value by Region (2019-2030)
3.2.1 Global Bio-Based Resins Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Bio-Based Resins by Region (2025-2030)
3.3 Global Bio-Based Resins Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Bio-Based Resins Production by Region (2019-2030)
3.4.1 Global Bio-Based Resins Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Bio-Based Resins by Region (2025-2030)
3.5 Global Bio-Based Resins Market Price Analysis by Region (2019-2024)
3.6 Global Bio-Based Resins Production and Value, Year-over-Year Growth
3.6.1 North America Bio-Based Resins Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Bio-Based Resins Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Bio-Based Resins Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Bio-Based Resins Production Value Estimates and Forecasts (2019-2030)
4 Bio-Based Resins Consumption by Region
4.1 Global Bio-Based Resins Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Bio-Based Resins Consumption by Region (2019-2030)
4.2.1 Global Bio-Based Resins Consumption by Region (2019-2024)
4.2.2 Global Bio-Based Resins Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Bio-Based Resins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Bio-Based Resins Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bio-Based Resins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Bio-Based Resins Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Bio-Based Resins Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Bio-Based Resins Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Bio-Based Resins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Bio-Based Resins Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Bio-Based Resins Production by Type (2019-2030)
5.1.1 Global Bio-Based Resins Production by Type (2019-2024)
5.1.2 Global Bio-Based Resins Production by Type (2025-2030)
5.1.3 Global Bio-Based Resins Production Market Share by Type (2019-2030)
5.2 Global Bio-Based Resins Production Value by Type (2019-2030)
5.2.1 Global Bio-Based Resins Production Value by Type (2019-2024)
5.2.2 Global Bio-Based Resins Production Value by Type (2025-2030)
5.2.3 Global Bio-Based Resins Production Value Market Share by Type (2019-2030)
5.3 Global Bio-Based Resins Price by Type (2019-2030)
6 Segment by Application
6.1 Global Bio-Based Resins Production by Application (2019-2030)
6.1.1 Global Bio-Based Resins Production by Application (2019-2024)
6.1.2 Global Bio-Based Resins Production by Application (2025-2030)
6.1.3 Global Bio-Based Resins Production Market Share by Application (2019-2030)
6.2 Global Bio-Based Resins Production Value by Application (2019-2030)
6.2.1 Global Bio-Based Resins Production Value by Application (2019-2024)
6.2.2 Global Bio-Based Resins Production Value by Application (2025-2030)
6.2.3 Global Bio-Based Resins Production Value Market Share by Application (2019-2030)
6.3 Global Bio-Based Resins Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Arkema
7.1.1 Arkema Bio-Based Resins Corporation Information
7.1.2 Arkema Bio-Based Resins Product Portfolio
7.1.3 Arkema Bio-Based Resins Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Arkema Main Business and Markets Served
7.1.5 Arkema Recent Developments/Updates
7.2 Ashland
7.2.1 Ashland Bio-Based Resins Corporation Information
7.2.2 Ashland Bio-Based Resins Product Portfolio
7.2.3 Ashland Bio-Based Resins Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Ashland Main Business and Markets Served
7.2.5 Ashland Recent Developments/Updates
7.3 BASF
7.3.1 BASF Bio-Based Resins Corporation Information
7.3.2 BASF Bio-Based Resins Product Portfolio
7.3.3 BASF Bio-Based Resins Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BASF Main Business and Markets Served
7.3.5 BASF Recent Developments/Updates
7.4 DuPont
7.4.1 DuPont Bio-Based Resins Corporation Information
7.4.2 DuPont Bio-Based Resins Product Portfolio
7.4.3 DuPont Bio-Based Resins Production, Value, Price and Gross Margin (2019-2024)
7.4.4 DuPont Main Business and Markets Served
7.4.5 DuPont Recent Developments/Updates
7.5 Huntsman International
7.5.1 Huntsman International Bio-Based Resins Corporation Information
7.5.2 Huntsman International Bio-Based Resins Product Portfolio
7.5.3 Huntsman International Bio-Based Resins Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Huntsman International Main Business and Markets Served
7.5.5 Huntsman International Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bio-Based Resins Industry Chain Analysis
8.2 Bio-Based Resins Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bio-Based Resins Production Mode & Process
8.4 Bio-Based Resins Sales and Marketing
8.4.1 Bio-Based Resins Sales Channels
8.4.2 Bio-Based Resins Distributors
8.5 Bio-Based Resins Customers
9 Bio-Based Resins Market Dynamics
9.1 Bio-Based Resins Industry Trends
9.2 Bio-Based Resins Market Drivers
9.3 Bio-Based Resins Market Challenges
9.4 Bio-Based Resins Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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