
The global market for Bio-based Epoxy Resins was valued at US$ 93.3 million in the year 2024 and is projected to reach a revised size of US$ 181 million by 2031, growing at a CAGR of 10.1% during the forecast period.
Epoxy resins are a class of advanced thermosetting resins that include a wide variety of crosslinking polymers, including unsaturated polyester resins, phenol-formaldehyde resins and amino resins. Bio-based epoxy resins are made from plant-based carbon in place of petroleum-based carbon. Bio-based epoxy resins exhibit certain properties which make them more attractive than other epoxy resins present in the market. Some of these properties are no nasty smell, relatively superior to petroleum-based epoxy resins, low VOC, low odour, superior strength and UV resistance transparency.
Global 5 largest manufacturers of Bio-based Epoxy Resins are Spolchemie, Gougeon Brothers, Sicomin, Wessex Resins and ATL Composites, which make up over 90%. Among them, Spolchemie is the leader with about 35% market share.
The global bio-based epoxy resins market is experiencing strong growth, driven by increasing demand for sustainable and eco-friendly materials across various industries such as construction, automotive, and electronics. Traditional epoxy resins, which are petroleum-based, have faced scrutiny due to environmental concerns and the need for greener alternatives. Bio-based epoxy resins, made from renewable resources like vegetable oils, lignin, and glycerol, offer a more sustainable option without compromising on performance. As industries seek to reduce their carbon footprint and comply with stricter environmental regulations, the demand for bio-based resins is expected to rise significantly.
Technological advancements in bio-based resin formulations have further propelled the market. Improved processing methods and the development of high-performance bio-based resins have made them more competitive with conventional counterparts. These resins offer comparable mechanical properties, chemical resistance, and durability, making them suitable for a wide range of applications such as coatings, adhesives, and composites. The automotive and aerospace industries, in particular, are increasingly adopting bio-based epoxy resins to create lightweight, high-strength components, contributing to fuel efficiency and sustainability goals.
However, challenges such as higher production costs and limited raw material availability are impacting the market. Bio-based epoxy resins tend to be more expensive than their petroleum-based counterparts, which can limit their adoption in price-sensitive markets. Additionally, the sourcing of bio-based raw materials can be affected by factors like agricultural yield and supply chain inefficiencies. Despite these hurdles, the growing emphasis on sustainability and the continued development of cost-effective production methods are expected to drive further growth in the bio-based epoxy resins market. As industries prioritize eco-friendly solutions, bio-based epoxy resins are poised to play an increasingly important role in sustainable manufacturing.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Bio-based Epoxy 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 Epoxy Resins.
The Bio-based Epoxy Resins market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Bio-based Epoxy 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 Epoxy 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.
Âé¶¹Ô´´ Segmentation
By Company
Sicomin
Gougeon Brothers
Wessex Resins
COOE (Change Climate)
Spolchemie
ATL Composites
Bitrez
by Type
Bio-based Carbon Content: 28-40%
Bio-based Carbon Content: ≥40%
Other
by Application
Coatings
Electronics
Adhesives
Composites
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Epoxy 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 Epoxy 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 Epoxy 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Bio-based Epoxy Resins Âé¶¹Ô´´ Overview
1.1 Product Definition
1.2 Bio-based Epoxy Resins by Type
1.2.1 Global Bio-based Epoxy Resins Âé¶¹Ô´´ Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Bio-based Carbon Content: 28-40%
1.2.3 Bio-based Carbon Content: ≥40%
1.2.4 Other
1.3 Bio-based Epoxy Resins by Application
1.3.1 Global Bio-based Epoxy Resins Âé¶¹Ô´´ Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Coatings
1.3.3 Electronics
1.3.4 Adhesives
1.3.5 Composites
1.3.6 Others
1.4 Global Âé¶¹Ô´´ Growth Prospects
1.4.1 Global Bio-based Epoxy Resins Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Bio-based Epoxy Resins Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Bio-based Epoxy Resins Production Estimates and Forecasts (2020-2031)
1.4.4 Global Bio-based Epoxy Resins Âé¶¹Ô´´ Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Âé¶¹Ô´´ Competition by Manufacturers
2.1 Global Bio-based Epoxy Resins Production Âé¶¹Ô´´ Share by Manufacturers (2020-2025)
2.2 Global Bio-based Epoxy Resins Production Value Âé¶¹Ô´´ Share by Manufacturers (2020-2025)
2.3 Global Key Players of Bio-based Epoxy Resins, Industry Ranking, 2023 VS 2024
2.4 Global Bio-based Epoxy Resins Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Bio-based Epoxy Resins Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Bio-based Epoxy Resins, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bio-based Epoxy Resins, Product Offered and Application
2.8 Global Key Manufacturers of Bio-based Epoxy Resins, Date of Enter into This Industry
2.9 Bio-based Epoxy Resins Âé¶¹Ô´´ Competitive Situation and Trends
2.9.1 Bio-based Epoxy Resins Âé¶¹Ô´´ Concentration Rate
2.9.2 Global 5 and 10 Largest Bio-based Epoxy Resins Players Âé¶¹Ô´´ Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bio-based Epoxy Resins Production by Region
3.1 Global Bio-based Epoxy Resins Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Bio-based Epoxy Resins Production Value by Region (2020-2031)
3.2.1 Global Bio-based Epoxy Resins Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Bio-based Epoxy Resins by Region (2026-2031)
3.3 Global Bio-based Epoxy Resins Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Bio-based Epoxy Resins Production Volume by Region (2020-2031)
3.4.1 Global Bio-based Epoxy Resins Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Bio-based Epoxy Resins by Region (2026-2031)
3.5 Global Bio-based Epoxy Resins Âé¶¹Ô´´ Price Analysis by Region (2020-2025)
3.6 Global Bio-based Epoxy Resins Production and Value, Year-over-Year Growth
3.6.1 North America Bio-based Epoxy Resins Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Bio-based Epoxy Resins Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Bio-based Epoxy Resins Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Bio-based Epoxy Resins Production Value Estimates and Forecasts (2020-2031)
4 Bio-based Epoxy Resins Consumption by Region
4.1 Global Bio-based Epoxy Resins Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Bio-based Epoxy Resins Consumption by Region (2020-2031)
4.2.1 Global Bio-based Epoxy Resins Consumption by Region (2020-2025)
4.2.2 Global Bio-based Epoxy Resins Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Bio-based Epoxy Resins Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Bio-based Epoxy Resins Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bio-based Epoxy Resins Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Bio-based Epoxy Resins Consumption by Country (2020-2031)
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 Epoxy Resins Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Bio-based Epoxy Resins Consumption by Region (2020-2031)
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 Epoxy Resins Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Bio-based Epoxy Resins Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Bio-based Epoxy Resins Production by Type (2020-2031)
5.1.1 Global Bio-based Epoxy Resins Production by Type (2020-2025)
5.1.2 Global Bio-based Epoxy Resins Production by Type (2026-2031)
5.1.3 Global Bio-based Epoxy Resins Production Âé¶¹Ô´´ Share by Type (2020-2031)
5.2 Global Bio-based Epoxy Resins Production Value by Type (2020-2031)
5.2.1 Global Bio-based Epoxy Resins Production Value by Type (2020-2025)
5.2.2 Global Bio-based Epoxy Resins Production Value by Type (2026-2031)
5.2.3 Global Bio-based Epoxy Resins Production Value Âé¶¹Ô´´ Share by Type (2020-2031)
5.3 Global Bio-based Epoxy Resins Price by Type (2020-2031)
6 Segment by Application
6.1 Global Bio-based Epoxy Resins Production by Application (2020-2031)
6.1.1 Global Bio-based Epoxy Resins Production by Application (2020-2025)
6.1.2 Global Bio-based Epoxy Resins Production by Application (2026-2031)
6.1.3 Global Bio-based Epoxy Resins Production Âé¶¹Ô´´ Share by Application (2020-2031)
6.2 Global Bio-based Epoxy Resins Production Value by Application (2020-2031)
6.2.1 Global Bio-based Epoxy Resins Production Value by Application (2020-2025)
6.2.2 Global Bio-based Epoxy Resins Production Value by Application (2026-2031)
6.2.3 Global Bio-based Epoxy Resins Production Value Âé¶¹Ô´´ Share by Application (2020-2031)
6.3 Global Bio-based Epoxy Resins Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Sicomin
7.1.1 Sicomin Bio-based Epoxy Resins Company Information
7.1.2 Sicomin Bio-based Epoxy Resins Product Portfolio
7.1.3 Sicomin Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Sicomin Main Business and Âé¶¹Ô´´s Served
7.1.5 Sicomin Recent Developments/Updates
7.2 Gougeon Brothers
7.2.1 Gougeon Brothers Bio-based Epoxy Resins Company Information
7.2.2 Gougeon Brothers Bio-based Epoxy Resins Product Portfolio
7.2.3 Gougeon Brothers Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Gougeon Brothers Main Business and Âé¶¹Ô´´s Served
7.2.5 Gougeon Brothers Recent Developments/Updates
7.3 Wessex Resins
7.3.1 Wessex Resins Bio-based Epoxy Resins Company Information
7.3.2 Wessex Resins Bio-based Epoxy Resins Product Portfolio
7.3.3 Wessex Resins Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Wessex Resins Main Business and Âé¶¹Ô´´s Served
7.3.5 Wessex Resins Recent Developments/Updates
7.4 COOE (Change Climate)
7.4.1 COOE (Change Climate) Bio-based Epoxy Resins Company Information
7.4.2 COOE (Change Climate) Bio-based Epoxy Resins Product Portfolio
7.4.3 COOE (Change Climate) Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.4.4 COOE (Change Climate) Main Business and Âé¶¹Ô´´s Served
7.4.5 COOE (Change Climate) Recent Developments/Updates
7.5 Spolchemie
7.5.1 Spolchemie Bio-based Epoxy Resins Company Information
7.5.2 Spolchemie Bio-based Epoxy Resins Product Portfolio
7.5.3 Spolchemie Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Spolchemie Main Business and Âé¶¹Ô´´s Served
7.5.5 Spolchemie Recent Developments/Updates
7.6 ATL Composites
7.6.1 ATL Composites Bio-based Epoxy Resins Company Information
7.6.2 ATL Composites Bio-based Epoxy Resins Product Portfolio
7.6.3 ATL Composites Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.6.4 ATL Composites Main Business and Âé¶¹Ô´´s Served
7.6.5 ATL Composites Recent Developments/Updates
7.7 Bitrez
7.7.1 Bitrez Bio-based Epoxy Resins Company Information
7.7.2 Bitrez Bio-based Epoxy Resins Product Portfolio
7.7.3 Bitrez Bio-based Epoxy Resins Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Bitrez Main Business and Âé¶¹Ô´´s Served
7.7.5 Bitrez Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bio-based Epoxy Resins Industry Chain Analysis
8.2 Bio-based Epoxy Resins Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bio-based Epoxy Resins Production Mode & Process Analysis
8.4 Bio-based Epoxy Resins Sales and Âé¶¹Ô´´ing
8.4.1 Bio-based Epoxy Resins Sales Channels
8.4.2 Bio-based Epoxy Resins Distributors
8.5 Bio-based Epoxy Resins Customer Analysis
9 Bio-based Epoxy Resins Âé¶¹Ô´´ Dynamics
9.1 Bio-based Epoxy Resins Industry Trends
9.2 Bio-based Epoxy Resins Âé¶¹Ô´´ Drivers
9.3 Bio-based Epoxy Resins Âé¶¹Ô´´ Challenges
9.4 Bio-based Epoxy Resins Âé¶¹Ô´´ Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Âé¶¹Ô´´ Size Estimation
11.1.3 Âé¶¹Ô´´ 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
Sicomin
Gougeon Brothers
Wessex Resins
COOE (Change Climate)
Spolchemie
ATL Composites
Bitrez
Ìý
Ìý
*If Applicable.
