Industry: Chemical & Material
Published Date: 2025-01-19
Pages: 98 Pages
Report ld: 3527939
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Bio-based Epoxy Resins Market Size(US$)

CAGR 2025-2031
10.1%
Market Size,2031
USD 181
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Bio-based Epoxy Resins was estimated to be worth US$ 93.3 million in 2024 and is forecast to a readjusted size of US$ 181 million by 2031 with a CAGR of 10.1% during the forecast period 2025-2031.
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.
This report aims to provide a comprehensive presentation of the global market for Bio-based Epoxy Resins, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bio-based Epoxy Resins by region & country, by Type, and by Application.
The Bio-based Epoxy Resins market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Bio-based Epoxy Resins manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Bio-based Epoxy Resins in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Bio-based Epoxy Resins in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Market Overview
1.1 Bio-based Epoxy Resins Product Introduction
1.2 Global Bio-based Epoxy Resins Market Size Forecast
1.2.1 Global Bio-based Epoxy Resins Sales Value (2020-2031)
1.2.2 Global Bio-based Epoxy Resins Sales Volume (2020-2031)
1.2.3 Global Bio-based Epoxy Resins Sales Price (2020-2031)
1.3 Bio-based Epoxy Resins Market Trends & Drivers
1.3.1 Bio-based Epoxy Resins Industry Trends
1.3.2 Bio-based Epoxy Resins Market Drivers & Opportunity
1.3.3 Bio-based Epoxy Resins Market Challenges
1.3.4 Bio-based Epoxy Resins Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Bio-based Epoxy Resins Players Revenue Ranking (2024)
2.2 Global Bio-based Epoxy Resins Revenue by Company (2020-2025)
2.3 Global Bio-based Epoxy Resins Players Sales Volume Ranking (2024)
2.4 Global Bio-based Epoxy Resins Sales Volume by Company Players (2020-2025)
2.5 Global Bio-based Epoxy Resins Average Price by Company (2020-2025)
2.6 Key Manufacturers Bio-based Epoxy Resins Manufacturing Base and Headquarters
2.7 Key Manufacturers Bio-based Epoxy Resins Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Bio-based Epoxy Resins
2.9 Bio-based Epoxy Resins Market Competitive Analysis
2.9.1 Bio-based Epoxy Resins Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Bio-based Epoxy Resins Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bio-based Epoxy Resins as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Bio-based Carbon Content: 28-40%
3.1.2 Bio-based Carbon Content: ≥40%
3.1.3 Other
3.2 Global Bio-based Epoxy Resins Sales Value by Type
3.2.1 Global Bio-based Epoxy Resins Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Bio-based Epoxy Resins Sales Value, by Type (2020-2031)
3.2.3 Global Bio-based Epoxy Resins Sales Value, by Type (%) (2020-2031)
3.3 Global Bio-based Epoxy Resins Sales Volume by Type
3.3.1 Global Bio-based Epoxy Resins Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Bio-based Epoxy Resins Sales Volume, by Type (2020-2031)
3.3.3 Global Bio-based Epoxy Resins Sales Volume, by Type (%) (2020-2031)
3.4 Global Bio-based Epoxy Resins Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Coatings
4.1.2 Electronics
4.1.3 Adhesives
4.1.4 Composites
4.1.5 Others
4.2 Global Bio-based Epoxy Resins Sales Value by Application
4.2.1 Global Bio-based Epoxy Resins Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Bio-based Epoxy Resins Sales Value, by Application (2020-2031)
4.2.3 Global Bio-based Epoxy Resins Sales Value, by Application (%) (2020-2031)
4.3 Global Bio-based Epoxy Resins Sales Volume by Application
4.3.1 Global Bio-based Epoxy Resins Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Bio-based Epoxy Resins Sales Volume, by Application (2020-2031)
4.3.3 Global Bio-based Epoxy Resins Sales Volume, by Application (%) (2020-2031)
4.4 Global Bio-based Epoxy Resins Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Bio-based Epoxy Resins Sales Value by Region
5.1.1 Global Bio-based Epoxy Resins Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Bio-based Epoxy Resins Sales Value by Region (2020-2025)
5.1.3 Global Bio-based Epoxy Resins Sales Value by Region (2026-2031)
5.1.4 Global Bio-based Epoxy Resins Sales Value by Region (%), (2020-2031)
5.2 Global Bio-based Epoxy Resins Sales Volume by Region
5.2.1 Global Bio-based Epoxy Resins Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Bio-based Epoxy Resins Sales Volume by Region (2020-2025)
5.2.3 Global Bio-based Epoxy Resins Sales Volume by Region (2026-2031)
5.2.4 Global Bio-based Epoxy Resins Sales Volume by Region (%), (2020-2031)
5.3 Global Bio-based Epoxy Resins Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Bio-based Epoxy Resins Sales Value, 2020-2031
5.4.2 North America Bio-based Epoxy Resins Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Bio-based Epoxy Resins Sales Value, 2020-2031
5.5.2 Europe Bio-based Epoxy Resins Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Bio-based Epoxy Resins Sales Value, 2020-2031
5.6.2 Asia Pacific Bio-based Epoxy Resins Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Bio-based Epoxy Resins Sales Value, 2020-2031
5.7.2 South America Bio-based Epoxy Resins Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Bio-based Epoxy Resins Sales Value, 2020-2031
5.8.2 Middle East & Africa Bio-based Epoxy Resins Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Bio-based Epoxy Resins Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Bio-based Epoxy Resins Sales Value
6.2.1 Key Countries/Regions Bio-based Epoxy Resins Sales Value, 2020-2031
6.2.2 Key Countries/Regions Bio-based Epoxy Resins Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Bio-based Epoxy Resins Sales Value, 2020-2031
6.3.2 United States Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Bio-based Epoxy Resins Sales Value, 2020-2031
6.4.2 Europe Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Bio-based Epoxy Resins Sales Value, 2020-2031
6.5.2 China Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.5.3 China Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Bio-based Epoxy Resins Sales Value, 2020-2031
6.6.2 Japan Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Bio-based Epoxy Resins Sales Value, 2020-2031
6.7.2 South Korea Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Bio-based Epoxy Resins Sales Value, 2020-2031
6.8.2 Southeast Asia Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Bio-based Epoxy Resins Sales Value, 2020-2031
6.9.2 India Bio-based Epoxy Resins Sales Value by Type (%), 2024 VS 2031
6.9.3 India Bio-based Epoxy Resins Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Sicomin
7.1.1 Sicomin Company Information
7.1.2 Sicomin Introduction and Business Overview
7.1.3 Sicomin Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Sicomin Bio-based Epoxy Resins Product Offerings
7.1.5 Sicomin Recent Development
7.2 Gougeon Brothers
7.2.1 Gougeon Brothers Company Information
7.2.2 Gougeon Brothers Introduction and Business Overview
7.2.3 Gougeon Brothers Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Gougeon Brothers Bio-based Epoxy Resins Product Offerings
7.2.5 Gougeon Brothers Recent Development
7.3 Wessex Resins
7.3.1 Wessex Resins Company Information
7.3.2 Wessex Resins Introduction and Business Overview
7.3.3 Wessex Resins Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Wessex Resins Bio-based Epoxy Resins Product Offerings
7.3.5 Wessex Resins Recent Development
7.4 COOE (Change Climate)
7.4.1 COOE (Change Climate) Company Information
7.4.2 COOE (Change Climate) Introduction and Business Overview
7.4.3 COOE (Change Climate) Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 COOE (Change Climate) Bio-based Epoxy Resins Product Offerings
7.4.5 COOE (Change Climate) Recent Development
7.5 Spolchemie
7.5.1 Spolchemie Company Information
7.5.2 Spolchemie Introduction and Business Overview
7.5.3 Spolchemie Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Spolchemie Bio-based Epoxy Resins Product Offerings
7.5.5 Spolchemie Recent Development
7.6 ATL Composites
7.6.1 ATL Composites Company Information
7.6.2 ATL Composites Introduction and Business Overview
7.6.3 ATL Composites Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 ATL Composites Bio-based Epoxy Resins Product Offerings
7.6.5 ATL Composites Recent Development
7.7 Bitrez
7.7.1 Bitrez Company Information
7.7.2 Bitrez Introduction and Business Overview
7.7.3 Bitrez Bio-based Epoxy Resins Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Bitrez Bio-based Epoxy Resins Product Offerings
7.7.5 Bitrez Recent Development
8 Industry Chain Analysis
8.1 Bio-based Epoxy Resins Industrial Chain
8.2 Bio-based Epoxy Resins Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Bio-based Epoxy Resins Sales Model
8.5.2 Sales Channel
8.5.3 Bio-based Epoxy Resins Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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