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Since their invention by Paul Schlack (Germany) in 1934, epoxy resins have come a long way finding applications in a variety of segments. In the coatings industry, they are one of the most popular resins due to their ability to form films that show excellent corrosion resistance, chemical resistance, and adhesion. In construction applications, epoxy systems can help prolong lifespan of structures due to their toughness and durability. In adhesive applications, they are sought for their ability to bond with diverse substrates such as metal, wood, glass, and stone. More recently, they have found applications in composites which have potential to replace metal structures.
Due to their versatility, the epoxy resins market is huge, and as per a market report by Polaris Market Research, they had a global market size of US$ 6.1 billion in 2020 that is estimated to grow to US$ 10.22 billion by 2029 at a CAGR of 6.4%. In a stark contrast, the global biobased epoxy resin market was valued at US$ 47.4 million in 2019 and is estimated to grow to US$ 117.0 million by 2027 at a CAGR of 12.1%. Although this growth rate is encouraging, majority of epoxy resins are still petroleum-derived and as the estimates show, their demand is ever growing. Bio-based epoxies show promise to reduce our dependance on depleting natural resources by replacing petrochemicals with renewable and sustainable alternatives, but their path to widespread use has only just begun.
Commercially available Biobased Epoxy Resins:
These technological advances towards sustainability are exciting and encouraging. They would ensure a future where the demands of the coming generations are met despite the depletion of natural resources that we currently take for granted. At NSPC, we feel inspired by the work done around the world towards a greener tomorrow and we are committed to contribute our fair share to advance the polymeric materials sphere towards sustainability.
References:
[1] Schlack, P., “Manufacture of amines of high molecular weight, which are rich in nitrogen”. German Patent 676117, U.S. Patent 2,136,928 (1938)
[2] May, Clayton, “Epoxy Resins: Chemistry and Technology (2nd ed.). CRC Press. ISBN 978-1-351-44995-3 (2018)
[3] https://www.chemicalsafetyfacts.org/chemicals/epoxy-resins
[4] https://www.polarismarketresearch.com/industry-analysis/epoxy-resins-market
[5] https://www.polarismarketresearch.com/industry-analysis/bio-based-epoxy-resins-market
[6] Kumar, S, et al., “Recent Development of Biobased Epoxy Resins: A Review, Polymer-Plastics Technology and Engineering”, 57:3, 133-155 (2018). Link: https://doi.org/10.1080/03602559.2016.1253742
[7] Baroncini, E. A., et al. “Recent advances in bio‐based epoxy resins and bio‐based epoxy curing agents.” Journal of Applied Polymer Science 133.45 (2016)
To further understand the various types of bio-based epoxy resins, their properties, and commercial availability, you can visit NSPC’s website https://www.nadkarnispc.com/products. NSPC is a leading provider of bio-based epoxy resins and other materials that are sustainable, renewable, and eco-friendly.
Shikhin is currently a PhD Student in Coatings and Polymeric Materials Department at North Dakota State University. He is a member of Dr. Dean Webster’s Research Group and his research focuses on Non-Isocyanate Polyurethanes as well as novel Epoxy systems. He is passionate about incorporating bio-based materials in polymers so as to reduce our dependance on petrochemicals.
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