Global Bio-Based Resin Market 2024-2030

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    A resin that gets part or all of its constituent monomers from biological sources is referred to as a bio-resin. The sources of today are plant-based, mostly by-products of the refinement of bio-diesel fuel made from corn or soybeans.


    Other contenders include potatoes, lignocellulose, whey, algae, sugar beets, cane sugar, and sugar beets. The main reason why maize and soybeans are desirable is their abundance.


    Bio-resins are quite appealing. They lessen reliance on petrochemicals, and firms who utilize them can market greener products due to their price volatility.


    They also have a better lifespan profile than materials made from petrochemicals. Until now, the challenge has been to efficiently transform corn and soybean products into the monomers needed to create a resin.



    infographic: Bio-Based Resin Market , Bio-Based Resin Market Size, Bio-Based Resin Market Trends, Bio-Based Resin Market Forecast, Bio-Based Resin Market Risks, Bio-Based Resin Market Report, Bio-Based Resin Market Share  

    The Global bio-based  resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.




    Biters Ltd., a top producer of specialty chemicals and polymers in Europe, is launching a new line of bio-based thermosetting resins for the composites sector that are consistent with regulations.


    The brand-new group of bio-based resins, which also includes PFA (Poly furfuryl Alcohol) and bio-Epoxy systems, is REACH (registration, assessment, authorization and restriction of chemicals) compliant and intended specifically for composite applications.


    PFA is a thermosetting bio-resin made from biomass agricultural waste that shares many characteristics with phenolic resin but emits fewer volatile organic compounds.


    PFA possesses fire retardant qualities comparable to Phenolic, great temperature and chemical resistance, and environmental credentials.


    Bisphenol A and epichlorohydrin are needed for epoxy resins. Bitzer provides epoxy products based on renewable replacement feedstock through the use of innovative chemistry, which when combined with our eco-friendly epoxy curing agents results in formulated systems with a high bio-content.


    Avent Corporation announced the introduction of an addition to its portfolio of Gravy-Tech Density Modified Formulations to provide more environmentally friendly grades made from recycled and bio-based resin and/or filler, without compromising performance. 


    First-generation Gravy-Tech Density Modified Formulations were created utilizing carefully chosen metallic fillers and thermoplastic resin to imitate the opulent weight, feel, and appearance of die-cast or machined metals.


    These serve as an affordable substitute for metal in applications for luxury packaging and consumer goods, such as caps and closures for cosmetics, bottle caps and boxes for alcoholic beverages, and decorative knobs and grips for furniture, appliances, and automobiles. 


    Avent is expanding its Gravy-Tech Density Modified Formulations product line with two more eco-friendly options as OEMs and customers look for more environmentally friendly materials in the packaging sector.


    The first, Gravy-Tech REC Recycled Formulations, is built on recycled resin and/or filler from sources that have been post-industrial recycled (PIR) and/or post-consumer recycled (PCR).


    The second, Gravy-Tech BIO Bio-based Formulations, includes resin made from renewable plant sources.


    Both are designed to provide performance that is equivalent to that of standard density-modified solutions while using less virgin thermoplastics, promoting the circular economy and lowering their carbon footprint in comparison to alternatives made from fossil feedstock resin.


    In order to create a useful substitute for lead and other conventional metals, Gravy-Tech Density Modified Formulations were first created.


    They have densities similar to traditional metals while offering flexibility in design and processing since they are made using designed thermoplastic resins and specific metallic fillers.


    The new formulations made from recycled and bio-based materials provide the same performance advantages in response to market and consumer demand for more environmentally friendly products.


    They also support the circular economy and aid customers in achieving their sustainability objectives.


    These novel materials can be extruded, molded, calendared, or thermoformed into complicated shapes without costly tooling, just like prime density modified grades can.


    Depending on the needs of the application, performance parameters can be altered, including density, corrosion and chemical resistance, and mechanical performance. 


    Current production of Gravy-Tech REC Recycled Formulations and Gravy-Tech BIO Bio-based Formulations is done in Europe, and both products are presently offered for sale on a global scale.


    A major producer in bio-based chemicals, Groupe Berkey, recently launched a line of 100% bio-based alkyd resins for the construction paints market. 


    Plant extraction and formulation are Grouped Berker’s two historical areas of specialization. These are where they use their industrial know-how and innovation.


    Alkyd resins, also known as glycophytic resins, are produced and marketed by Lysol, a Groupe Berkey subsidiary since its acquisition, for the paints & coatings, wood preservation, and formed ink sectors.


    With the goal of converting current products (bio-based oils, raw materials produced by organic chemistry, and petroleum solvents) into bio-based solutions, Groupe Berker has invested in the development of its portfolio.


    A resin that can substitute raw materials with a petrochemical origin has been perfected by Luxel’s Research & Development department from bio-based and renewable raw materials.


    The use of a 100% bio-based solvent is one of the innovative and distinctive features of this resin. In light of this, the bio-based resin they created offers an immediate response to the demands of the construction industry, which has come under fire for its effects on the environment.


    They are thrilled to be able to provide this market with a resin that has never been seen before yet possesses technical qualities that are exactly the same as those of conventional goods, promoting the responsible and sustainable evolution of this industry.


    • Plantics B.V.
    • Dow Chemical
    • Recticel SA
    • Armacell GMBH
    • Shell Chemicals Ltd
    • Bayer Material Science



    1. How many  Bio-Based Resin  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a  Global  Bio-Based Resin  and key vendor selection criteria
    3. Where is the   Bio-Based Resin   manufactured? What is the average margin per unit?
    4. Market share of Global   Bio-Based Resin  market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global   Bio-Based Resin  in-house
    6. 5 key predictions for next 5 years in Global  Bio-Based Resin market
    7. Average B-2-B   Bio-Based Resin  price in all segments
    8. Latest trends in   Bio-Based Resin   market, by every market segment
    9. The market size (both volume and value) of the   Bio-Based Resin market in 2024-2030 and every year in between?
    10. Production breakup of   Bio-Based Resin market, by suppliers and their OEM relationship



    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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