Covid-19 Impact on Bio Based Epoxy Market Size, Status and Forecast 2020-2026
Epoxy resins are a class of advanced thermosetting resins that include a wide variety of crosslinking polymers, including unsaturated polyester resins, phenol-formaldehyde resins and amino resins. Bio-based epoxy resins are made from plant-based carbon in place of petroleum-based carbon. Bio-based epoxy resins exhibit certain properties which make them more attractive than other epoxy resins present in the market. Some of these properties are no nasty smell, relatively superior to petroleum-based epoxy resins, low VOC, low odour, superior strength and UV resistance transparency. Thus, owing to the favourable properties exhibited by bio-based epoxy resins, the demand for bio-based epoxy resins is expected to propel during the forecast period.
The global key bio based epoxy manufacturers include Sicomin, Gougeon Brothers, Wessex Resins, COOE (Change Climate), Spolchemie, ATL Composites, etc. Spolchemie is the leading supplier of bio based epoxy, the production of which reached 1170 MT in 2019, accounting for about 39.67% of the global market.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Bio Based Epoxy 3900 market in 2020.
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COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Bio Based Epoxy 3900 industry.Based on our recent survey, we have several different scenarios about the Bio Based Epoxy 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 49 million in 2019. The market size of Bio Based Epoxy 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Bio Based Epoxy market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Bio Based Epoxy market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Bio Based Epoxy market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses
Readers are provided with deeper sales analysis and pricing analysis for the global Bio Based Epoxy market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Bio Based Epoxy market, covering important regions, viz, North America, Europe, China, Japan and Australia. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Bio Based Epoxy market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bio Based Epoxy market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bio Based Epoxy market.
The following manufacturers are covered in this report:
- Sicomin
- Gougeon Brothers
- Wessex Resins
- COOE (Change Climate)
- Spolchemie
- ATL Composites
Bio Based Epoxy Breakdown Data by Type
- Bio-based Carbon Content: 28-40%
- Bio-based Carbon Content: ?40%
- Other
Bio Based Epoxy Breakdown Data by Application
- Coatings
- Electronics
- Adhesives
- Composites
- Others
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Table of content
1 Study Coverage
1.1 Bio Based Epoxy Product Introduction
1.2 Market Segments
1.3 Key Bio Based Epoxy Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Bio Based Epoxy Market Size Growth Rate by Type
1.4.2 Bio-based Carbon Content: 28-40%
1.4.3 Bio-based Carbon Content: ?40%
1.4.4 Other
1.5 Market by Application
1.5.1 Global Bio Based Epoxy Market Size Growth Rate by Application
1.5.2 Coatings
1.5.3 Electronics
1.5.4 Adhesives
1.5.5 Composites
1.5.6 Others
1.6 Coronavirus Disease 2019 (Covid-19): Bio Based Epoxy Industry Impact
1.6.1 How the Covid-19 is Affecting the Bio Based Epoxy Industry
1.6.1.1 Bio Based Epoxy Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Bio Based Epoxy Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Bio Based Epoxy Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global Bio Based Epoxy Market Size Estimates and Forecasts
2.1.1 Global Bio Based Epoxy Revenue 2015-2026
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