Bio Based Platform Chemicals Market

Bio-based Platform Chemicals Market Forecasts to 2028 – Global Analysis By Type (Syngas, Biogas, Sugar, Oil, Algae), Application (Pharmaceutical, Industrial, Bio-Plastics) and By Geography

4.8 (88 reviews)
Published: November 2021 ID: SMRC21150
4.8 (88 reviews)
Published: November 2021 ID: SMRC21150

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Bio-Based Platform Chemicals Market is accounted for $8.81 billion in 2020 and is expected to reach $26.21 billion by 2028 growing at a CAGR of 14.6% during the forecast period. Factors such as increasing availability of low-cost feedstock, growing technological modification, and favourable government regulations are driving the growth of the market. However, high cost of production is hampering the growth of the market.

Bio-based platform chemicals are two to six carbon-containing compounds derived from fossil fuel resources and from renewable resources. They are used as important indications for producing a variety of chemicals and materials, such as pharmaceuticals, perfumes, solvents, fuels, and polymers.

Based on the application, the agriculture & fertilizers segment is anticipated to expand at a rapid pace during the forecast period as high-value materials may be extracted from the plants. By geography, North America is going to have high growth during the forecast period which can be attributed to the government regulations promoting the use of bio-based products.

Some of the key players profiled in the Bio-Based Platform Chemicals Market include BASF SE, DowDuPont, Evonik Industries AG, Novozymes, Tokyo Chemical Industry Co. Ltd, Kawasaki Kasei Chemicals, Koninklijke DSM N.V., Mitsui Chemicals, Aktin Chemicals Inc , PTT Global Chemical Public Company, GF Biochemicals, BioAmber Inc, Braskem, Nippon Shokubai Co. Ltd., and Myriant Corporation. 

Products Covered:
• C-2 Platform Chemicals
• C-3 Platform Chemicals
• C-4 Platform Chemicals
• C-5 Platform Chemicals
• C-6 Platform Chemicals
• Other Products

Types Covered:
• Syngas
• Biogas
• Sugar
• Oil
• Algae   

Applications Covered:
• Agriculture & Fertilizers
• Pharmaceutical
• Industrial
• Bio-Plastics
• Health & Hygiene
• Transportation
• Recreation
• Textiles
• Housing
• Fuels
• Polymers
• Perfumes
• Solvents

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India        
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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