European Renewable Chemical Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The European renewable chemical market is anticipated to grow at a CAGR of 8.1% during theforecast period (2021-2027). The rising focus of European Commission (EC) on green chemistry projects to create the awareness regarding the potential benefits of renewable chemical is one of the key factors driving the growth of the European renewable chemical market. The Chemical industry is key contributor to the European economy thus its innovative solutions are necessary to deliver a low carbon and circular economy both within Europe and beyond its borders. In October 2020, the EC adopted the EU Chemicals Strategy for Sustainability as the first step towards a zero pollution ambition for a toxic-free environment announced in the European Green Deal.
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The Strategy is anticipated to boost innovation for safe and sustainable
chemicals, and increase protection of human health and the environment against
hazardous chemicals which includes restricting use of noxious chemicals in
consumer products such as toys, childcare articles, cosmetics, detergents, food
contact materials and textiles. However, the high cost of renewable chemicals
& unwillingness of chemical manufactures to switch on new technology is anticipated
to hinder the growth of the renewable chemical market across the region.
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment Covered-
·
By
Product Type
·
By
Application
Competitive Landscape- Solvay SA, Amyris Inc., BASF SE, Bioamber Inc.,
Braskem SA, Cargill Inc., Evonik Industries AG
Key questions addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
o Deviation from the
pre-COVID-19 forecast
o Most affected region
and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
A full Report of European Renewable Chemical Market is
Available at: https://www.omrglobal.com/industry-reports/europe-renewable-chemical-market
By Product Type
·
Alcohols
·
Organic
Acids
·
Ketones
·
Platform
Chemicals
·
Biopolymers
·
Others
(Bio-based 1,3-PDO, ECH, and 1,4-BDO))
By Applications
·
Transportation
·
Textiles
·
Food
safety
·
Housing
·
Bio-Medical
·
Agriculture
·
Other
Applications
European Renewable chemical Market Report Segment by Region
·
UK
·
Germany
·
Italy
·
Spain
·
France
Rest of Europe
Company Profiles
·
BASF SE
·
Bioamber
Inc.
·
Biomethanol
Chemie Nederland B.V.
·
Braskem
SA
·
Cargill
Plc
·
Corbion
N.V.
·
Evonik
Industries AG
·
Genomatica
Inc.
·
Koninklijke
DSM N.V.
·
NatureWorks
LLC
·
Solvay
SA
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1. We cover more than 15 major industries,
further segmented into more than 90 sectors.
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3. Over 100+ paid data sources mined for
investigation.
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questions before and after purchasing your report.
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