PUBLISHER: TechNavio | PRODUCT CODE: 1652946
PUBLISHER: TechNavio | PRODUCT CODE: 1652946
The bio-based resins market is forecasted to grow by USD 6194.1 million during 2024-2029, accelerating at a CAGR of 14.4% during the forecast period. The report on the bio-based resins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing environmental concerns, implementation of stringent regulations, and expansion of bio-based resin production capacity.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 13% |
CAGR | 14.4% |
Incremental Value | $6194.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's bio-based resins market is segmented as below:
By Type
By Application
By Geographical Landscape
This study identifies the introduction of new products as one of the prime reasons driving the bio-based resins market growth during the next few years. Also, strategic partnerships and collaborations and incorporation of renewable feedstocks will lead to sizable demand in the market.
The report on the bio-based resins market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio-based resins market vendors that include Archer Daniels Midland Co., Arkema, Ashland Inc., BASF SE, Biotec GmbH Co. and KG, Braskem SA, Corbion nv, Covestro AG, Danimer Scientific Inc., DuPont de Nemours Inc., Exel Composites, Futerro SA, Huntsman Corp., Lamberti SpA, Minima Technology Co. Ltd., NatureWorks LLC, Nexeo Plastics LLC, Novamont S.p.A., Saudi Basic Industries Corp., Trinseo PLC, and Yield10 Bioscience Inc.. Also, the bio-based resins market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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