Boston, MA -- (SBWIRE) -- 07/12/2017 -- 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.

Get More Details on this Report and a Full Table of Contents at Global Bio-Based Resins Market 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?

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

Companies Mentioned in this Report: Arkema, Ashland, BASF, DuPont, Huntsman International, Braskem, DSM, ECOSPAN

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