What is Renewable Chemicals Market?
Renewable chemicals are used for increasing the use of renewable resources rather than fossil fuels. It contains all the chemicals produced from renewable feedstock such as microorganisms, biomass and agricultural raw material. These chemicals are mainly available as ketones, alcohols, organic acids and biopolymers. It has a wide variety of applications such as food processing, housing, textiles, environment, transportation, hygiene, pharmaceutical, and other applications.
The market study is being classified by Type (Alcohols, Organic Acids, Ketones, Platform Chemicals, Biopolymers and Others (Bio-based 1,3-PDO, ECH, and 1,4-BDO)), by Application (Transportation, Textiles, Food safety, Environment, Communication, Housing, Recreation, Health & Hygiene, Bio-Medical, Agriculture and Other Applications) and major geographies with country level break-up.
Metabolix Inc. (United States), BioAmber (Canada), Genomatica (United States), Cobalt Technologies (United States), BASF (Germany), DuPont Tate & Lyle Bio Products (United States), Myriant Corporation (United States), BioMCN (The Netherlands), Corbion N.V. (The Netherlands) and NatureWorks LLC (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Mitsubishi Chemical Corporation (Japan) and Braskem (Brazil).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Renewable Chemicals market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Renewable Chemicals market by Type, Application and Region.
On the basis of geography, the market of Renewable Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Performance & Cost-Effective Bio-Based Polymers
- Growing Consumer Awareness
- Fluctuations in the Prices of Petroleum Products
- Growing Consumer Preference for Green and Natural Products
- Increasing Applications of Renewable Chemicals in Various Chemicals
- Government Initiatives and Support for Eco-Friendly Sources and Processes
- Complex Manufacturing Processes
- Lack of Consumer Awareness in Developing Regions
Key Target AudienceRenewable Chemicals Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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