Market Research Logo

Global Bio-Based Resins Market 2017-2021

Global Bio-Based Resins Market 2017-2021

About Bio-Based Resins

Bio-based resins are synthetic compounds made from renewable raw materials. These resins are different from conventional resins and are used for the manufacturing of various products such as packaging materials, furniture, carpets, films, bottles, cups, and automotive parts. Raw materials required for the production of bio-based resins are sugar cane, wood pulp, soybean, coffee, castor plant seeds, corn, and many other plant-, marine-, and forestry-based materials.

Technavio’s analysts forecast the global bio-based resins market to grow at a CAGR of 16.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bio-based resins market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global bio-based resins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arkema
  • Ashland
  • BASF
  • DuPont
  • Huntsman International
Other prominent vendors
  • Braskem
  • DSM
  • ECOSPAN
Market driver
  • Fluctuating oil prices
  • For a full, detailed list, view our report
Market challenge
  • Cost-effectiveness of conventional resins over bio-based resins
  • For a full, detailed list, view our report
Market trend
  • Sustainable production
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global bio-based resins Market 2017-2021

Technavio recognizes the following companies as the key players in the global bio-based resins market: Arkema, Ashland, BASF, DuPont, and Huntsman International.

Other Prominent Vendors in the market are: Braskem, DSM, and ECOSPAN.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is sustainable production. There is pressure on manufacturers to use sustainable production methods. Although the majority of manufacturers are welcoming this, smaller manufacturers are finding it hard to keep up with the growing competition.”

According to the report, one of the major drivers for this market is fluctuating oil prices. As crude oil derivatives are major components for the production of virgin plastic, plastic products closely follow the price pattern of crude oil. As a result, the rise in crude oil prices increases the prices of conventional plastics in the market. This uncertainty in pricing is compelling end-user industries to switch to alternative materials such as bioplastics and papers, which will increase the global market demand for bio-based resins.

Further, the report states that one of the major factors hindering the growth of this market is cost-effectiveness of conventional resins over bio-based resins. The relatively higher price of bio-based resins compared with conventional resins is a major challenge faced by the market. The lack of adequate technology and the lack of availability of feedstock are increasing the prices of bio-based materials. Some of the bio-based resins products are approximately several times costlier when compared with conventional resins products. The rising prices of renewable raw materials such as corn used for the manufacturing of bioplastics are also hindering the market growth. The high price of bio-based resins will reduce the demand as consumers will switch to cheaper conventional resins.



Companies Mentioned

Arkema, Ashland, BASF, DuPont, Huntsman International, Braskem, DSM, and ECOSPAN.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
  • Market landscape
    • Market size and forecast
      • Table Global bio-based resins market 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global bio-based resins market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global bio-based resins market by product type
      • Table Global bio-based resins market by product type 2016
      • Table Global bio-based resins market by product type 2021
    • Global non-biodegradable bio-based resins market
      • Table Global non-biodegradable bio-based resins market 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global non-biodegradable bio-based resins market 2016-2021
      • Table Types of non-biodegradable bio-based resins
    • Global biodegradable bio-based resins market
      • Table Global biodegradable bio-based resins market 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global biodegradable bio-based resins market 2016-2021
      • Table Types of biodegradable bio-based resins
  • Market segmentation by application
    • Global bio-based resins market by application
      • Table Global bio-based resins market by application 2016
      • Table Global bio-based resins market by application 2021
    • Global bio-based resins market in packaging segment
      • Table Global bio-based resins market in packaging segment 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global bio-based resins market in packaging segment 2016-2021
    • Global bio-based resins market in automotive segment
      • Table Global bio-based resins market in automotive segment 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global bio-based resins market in automotive segment 2016-2021
    • Global bio-based resins market in construction segment
      • Table Global bio-based resins market in construction segment 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global bio-based resins market in construction segment 2016-2021
    • Global bio-based resins market in other segments
      • Table Global bio-based resins market in other segments 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global bio-based resins market in other segments 2016-2021
  • Geographical segmentation
    • Global bio-based resins market by geography
      • Table Global bio-based resins market by geography type 2016
      • Table Global bio-based resins market by geography type 2021
    • Bio-based resins market in Europe
      • Table Bio-based resins market in Europe 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Bio-based resins market in Europe 2016-2021
    • Bio-based resins market in North America
      • Table Bio-based resins market in North America 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Bio-based resins market in North America 2016-2021
    • Bio-based resins market in APAC
      • Table Bio-based resins market in APAC 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Bio-based resins market in APAC 2016-2021
    • Bio-based resins market in ROW
      • Table Bio-based resins market in ROW 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Bio-based resins market in ROW 2016-2021
  • Decision framewk
  • Drivers and challenges
    • Market drivers
      • Table Applications of biomass
    • Impact of drivers on key regions
      • Table Impact of drivers on key regions
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges on key regions
  • Market trends
    • Sustainable production
      • Table Sustainable development
    • Surge in global plastic bottle production
    • Automotive manufacturers are focusing on biobased resins
      • Table Use of biopolymer in internal and external parts
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Arkema
      • Table Arkema: Business segmentation by revenue 2016
      • Table Arkema: Geographical segmentation by revenue 2016
    • Ashland
      • Table Ashland: Business segmentation by revenue 2016
      • Table Ashland: Geographical segmentation by revenue 2016
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016
    • DuPont
      • Table DuPont: Segmentation of revenue by business 2015
      • Table DuPont: Geographic segmentation by revenue 2015
    • Huntsman International
      • Table Huntsman International: Business segmentation by revenue 2016
      • Table Huntsman International: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report