The global bio-based epoxy resins market expected to reach USD 117.0 million by 2027, according to a new study by Polaris Market Research. The report “Bio-based Epoxy Resins Market Share, Size, Trends, Industry Analysis Report, By Ingredient (Vegetable, Glycerol, Canola, Hemp, Soyabean Oil, Plant Oils, Others); By Application (Coatings, Electronics, Adhesives, Food Industry, Composites, Others); By Regions; Segment Forecast, 2020 - 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global bio-based epoxy resins industry is driven by strong government intent towards decreasing carbon footprint, abundant natural feedstock in the emerging nations, and innovations in the epoxy resin systems. Moreover, the growth outlook in various end-use industries also boosting the sales of bio-based epoxies.
The global bio-based epoxy resins industry is fragmented based on ingredient, application, and region. In terms of ingredient, the market for bio-based epoxy resins is segmented into vegetable, glycerol, canola, hemp, soya bean oil, plant oils, and others. The market segment is further divided into coatings, electronics, adhesives, food industry, composites, and others.
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Polaris Market Research has segmented the bio-based epoxy resins market report on the basis of ingredient, application, and region:
Bio-based Epoxy Resins, Ingredient Outlook (Revenue - USD Million, 2016 – 2027)
Bio-based Epoxy Resins, Application Outlook (Revenue - USD Million, 2016 – 2027)
Bio-based Epoxy Resins Regional Outlook (Revenue - USD Million, 2016 – 2027)