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Bio-Renewable Chemicals - Global Market Outlook (2018-2027)

Bio-Renewable Chemicals - Global Market Outlook (2018-2027)

Published: April 2020 ID: SMRC19052
Published: April 2020 ID: SMRC19052

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

According to Stratistics MRC, the Global Bio-Renewable Chemicals Market is accounted for $5297.94 million in 2018 and is expected to reach $17228.62 million by 2027 growing at a CAGR of 14.0% during the forecast period. Rise in impetus on environmentally-friendly products and depleting oil resources across the globe are the major factors driving the market growth. However, lack of awareness about these chemicals is restraining the market growth.

The bio renewable chemical is a concept of “green chemistry”, which utilizes natural renewable source of energy to create certain chemicals. This manufacturing provides organizations with carbon benefits, environment sustainability and diversification choices which will open up new opportunities for them in the market. Now a days, organizations and governments across the globe are emphasizing on environmentally friendly business. Also, the shortage of non-renewable resources additionally attracts stakeholders towards these chemicals. 

Based on product, the succinic acid segment is likely to have a huge demand due to its increasing demand as the main ingredient for pigment and coating in planting and pharmaceutical industry. By geography, North America is going to have a lucrative growth during the forecast period due to the presence of stringent rules about the use of petroleum-based chemicals which will positively contribute to the market growth.

Some of the key players profiled in the Bio-Renewable Chemicals Market include BASF SE, BioAmber, DuPont, Elevance, Gevo, Lanza Tech, Myriant, Solazyme, Solvay and ZeaChem.

Products Covered:
• Glycerin
• Lactic acid
• Succinic acid

Applications Covered:
• Bio-Solvents
• Bio-Plastic
• Bio-Cleaners & Detergents   

End Users Covered:
• Industrial and Domestic Cleaners
• Paints & Coatings
• Personal Care Products
• Pharmaceutical
• Printing Inks

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 UAE
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 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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