Bio-Based Resins Market Supply and Demand Analysis - Global Outlook and Forecast 2024-2030 (Production and Consumption Analysis)
The global Bio-Based Resins market was valued at US$ 30 million in 2023 and is projected to reach US$ 63 million by 2030, at a CAGR of 10.8% during the forecast period. Growing consumer interest toward eco-friendly packaging materials is expected to drive the market during the forecast period.
The USA market for Global Bio-Based Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Bio-Based Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Bio-Based Resins market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
This research report provides a comprehensive analysis of the Bio-Based Resins market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Bio-Based Resins market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Bio-Based Resins, challenges faced by the industry, and potential opportunities for market players. The global Bio-Based Resins market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Bio-Based Resins market presents opportunities for various stakeholders, including Packaging, Automotive. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Bio-Based Resins market. Additionally, the growing consumer demand present avenues for market expansion.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.
The report provides an in-depth analysis of the global Bio-Based Resins market, covering various aspects such as production, consumption, supply, demand, and regional dynamics.
The report aims to offer a comprehensive understanding of the market landscape, enabling stakeholders to make informed decisions.
Production by Region
The report examines the production of Bio-Based Resins products across different regions, including:
- North America
- Europe
- Asia–Pacific
- Latin America
This section analyzes the production trends, growth rates, and market share of each region, providing insights into the key contributing factors and challenges faced by producers.
Consumption by Region
The report delves into the consumption patterns of Bio-Based Resins products across various regions, including:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Europe
- Germany
- France
- United Kingdom
- Italy
- Russia
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
This section analyzes the demand drivers, consumer preferences, and market dynamics in each region, enabling stakeholders to identify potential opportunities and tailor their strategies accordingly.
Key Companies covered in this report:
- Arkema
- Ashland
- BASF
- DuPont
- Huntsman International
key reasons to purchase this Bio-Based Resins Market research report:
Table of content
Chapter 1: Introduction to Research & Analysis Reports
1.1 Bio-Based Resins Market Definition
1.3 Global Bio-Based Resins Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
Chapter 2: Company Landscape
2.1 Top Bio-Based Resins Players in Global Market
2.2 Top Global Bio-Based Resins Companies Ranked by Revenue
2.3 Top 3 and Top 5 Bio-Based Resins Companies in the Global Market, by Revenue in 2024
2.4 Tier 1, Tier 2, and Tier 3 Bio-Based Resins Players in the Global Market
2.5.1 List of Global Tier 1 Bio-Based Resins Companies
2.6.2 List of Global Tier 2 and Tier 3 Bio-Based Resins Companies
Chapter 3: Global Bio-Based Resins Overall Market Size
3.1 Global Bio-Based Resins Market Size: 2024 VS 2030
3.2 Global Bio-Based Resins Market Share: 2024 VS 2030
Chapter 4: Production/Supply by Region
4.1 Global Production of Bio-Based Resins by Region (2019-2024)
4.1.1 Global Bio-Based Resins Revenue Market
North Main Road Koregaon Park, Pune, India - 411001.
International: +1(646)-781-7170
Asia: +91 9169162030
Follow Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/
Comments
Post a Comment