Global Bio-based Epoxy Resins Market Overview:
Epoxy resins are thermosetting polymers that are used in the manufacturing of coatings, adhesives, and water repellent materials. While historically derived from fossil fuels, biological epoxy resins derived from vegetable sources are gaining traction due to lower greenhouse gas emissions and a lower risk of consumers being exposed to fossil fuel products. Epoxy resin-based materials are used as machine parts, paints, coatings, and stand-alone adhesive solutions.
Growth Drivers
- Innovations in the bio-based epoxy resin systems
- Increasing demand in several application industries
Roadblocks
- Fluctuations in raw material prices
Opportunities
- Growth in Electronic, Paints & Coatings Industry
- manufacturers are also making efforts to replace petroleum-based feedstock with naturally occurring and environmentally compatible materials
Challenges
- Less Tensile Strength and Malleability than Fossil Fuel
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are pond ApS (Denmark), Sicomin (France), Nagase ChemteX Corporation (Japan), Spolchemie (Czech Republic) and ATL Composites (Australia).
What Can be Explored with the Bio-based Epoxy Resins Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bio-based Epoxy Resins Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bio-based Epoxy Resins
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bio-based Epoxy Resins market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bio-based Epoxy Resins market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bio-based Epoxy Resins Manufactures, New Entrants and Investors, Bio-based Epoxy Resins Providers, Bio-based Epoxy Resins Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.