Albany, NY -- (SBWIRE) -- 05/19/2017 -- 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.

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

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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

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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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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