According to a new market research report launched by Inkwood Research, the Global Bio-based Chemicals Marketis projected to value around $32.04 billion by 2028 in terms of revenue, with a growth rate of 14.51% during the forecast period
Browse 115 market data Tables and 80 figures spread over 347Pages, along with in-depth analysis on Global Bio-based Chemicals Market by ProductType, Application & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Bio-based ChemicalsMarket Scenario
Bio-based chemicals are a range produced from biomass that acts as a building block for materials, and thus is also known as platform chemicals. These vary based on niche specialty products to large-scale commodity products, such as succinic acid, lactic acid, ethanol, among others. Some of the notable examples include tall oils, cellulose fibers, fatty acids, non-food starch, cellulose derivatives, and fermentation products, such as ethanol and citric acid.
Favorable government policies is one of the prime drivers surging the global bio-based chemicals market. A rise in activities is observed among governments from various regions in promoting business sustainability programs and green chemistry, ban on plastic, and restriction on the distribution of disposable bags. Moreover, the growing application of ecological products, fluctuations in crude oil prices, are other factors boost the potential of the market growth over the forecasting years. However, high cost, disruption in the supply chain of raw materials and feedstock, and low acceptance, are critical restraints challenging the overall growth of the market, globally.
The Global Bio-based Chemicals Market report provides data tables and includes charts and graphs for visual analysis.
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Market by Product Type
- Bio PET
- Bio PE
- Bio PA
- Other Non-Biodegradable Plastics
- Regenerated Cellulose
- Biodegradable Polyester
- Other Bio-Degradable Plastics
- Bio Fuels
- Solid Biomass
Market By Application
- Food Products
- Alcoholic Beverages
- Other Food Products
- Industrial Chemicals
- Succinic Acid
- Bio-Based Dyes
- Lactic Acid
- Acrylic Acid
- Other Industrial Chemicals
- Other Agriculture
- Amino Acid
- Vitamins & Related Compounds
- Other Pharmaceuticals
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED
- MITSUI & CO LTD
- TEIJIN LIMITED
- ROYAL DSM NV
- METHANEX CORPORATION
- NOVOZYMES A/S
- CARGILL INCORPORATED
- MITSUBISHI CHEMICAL HOLDINGS CORPORATION
- CORBION NV
- NATUREWORKS LLC
- BASF SE
- BIOAMBER INC (INACTIVE)
- DANIMER SCIENTIFIC INC
- ABENGOA SA
- BRASKEM SA
GLOBAL BIOPESTICIDES MARKET – Global biopesticides market is expected to garner 15.11% of CAGR during the forecast period.
GLOBAL GREEN SOLVENTS & BIO SOLVENTS MARKET – Global green solvents & bio solvents market is estimated to grow at a CAGR of 7.51%.
GLOBAL BIODEGRADABLE PLASTICS MARKET – Global biodegradable plastic market is evolving at a CAGR of 11.49% over the forecast period.
GLOBAL BIOFUELS & BIODIESEL MARKET – Global biofuels & biodiesel market is projected to rise at 5.48% of CAGR during the forecast period.
GLOBAL BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) MARKET – Global bio-based PET market is growing with 17.51% of CAGR during the year 2018-2026.