Global Renewable Chemical Market Size, Share and Forecast 2021-2027
The global renewable chemical market is anticipated to grow at a CAGR of 9.8% during the forecast period (2021-2027). The considerable rise in the number of green chemistry project launches to create the awareness regarding the potential benefits of renewable chemical is one of the key factors driving the growth of the global renewable chemical market. For instance, in February 2017, the United Nations Industrial Development Organization (UNIDO) & its partners have launched a global Green Chemistry project. The Green Chemistry project was launched with intent to increase the global awareness and deployment of green chemistry approaches and technologies across the globe.
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Green Chemistry reduces pollution at its source by minimizing or
eliminating the hazards of chemical feedstock, reagents, solvents and products;
or encouraging the invention and innovation of new and non-hazardous solvents,
surfactants, materials, processes and products. The rising need of minimizing
the hazardous effect of petro-based chemicals is creating huge scope for the
growth of the global renewable chemical market. 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 globe.
Market
Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By
Product Type
·
By
Application
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- Solvay SA, Amyris Inc., BASF SE, Bioamber Inc., Braskem SA, Cargill
Inc., Evonik Industries AG
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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?
·
Deviation
from the pre-COVID-19 forecast
·
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?
Global Renewable
chemical Market Report Segment
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
Global Renewable
chemical Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
Company Profiles
·
Archer-Daniels-Midland
Company
·
Amyris
Inc.
·
BASF SE
·
Bioamber
Inc.
·
Biomethanol
Chemie Nederland B.V.
·
Braskem
SA
·
Cargill
Inc.
·
Corbion
N.V.
·
Evonik
Industries AG
·
Genomatica
Inc.
·
Koninklijke
DSM N.V.
·
Metabolix
Inc.
·
Mitsubishi
Chemical Corp.
·
Myriant
Corp.
·
NatureWorks
LLC
·
Solazyme
Inc.
·
Solvay
SA
·
Verenium
Corp.
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