Bio-Based Platform Chemicals Market Demand, Industry Share, Size, Report 2022-2027

Bio-Based Platform Chemicals Market

Global Bio-based Platform Chemicals Market Overview:

The latest report by IMARC Group, titled “Bio-Based Platform Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022- 2027,”  offers a comprehensive analysis of the industry, which comprises insights on the bio-based chemicals market revenue. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global bio-based platform chemicals market size reached a value of US$ 14.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.7 Billion by 2027, exhibiting a CAGR of 9.2% during 2022-2027.

See also: AutoZone – A Comprehensive Guide to Automotive Excellence

Bio-based platform chemicals refer to a group of twelve building block chemicals that are produced from sugar using biological conversions. They consist of molecules with different functional groups that can be potentially transformed into other high-value chemicals. Amino acid, carboxylic acid, butanediols, ethanol, short-chain olefin, polymers like alginate and xanthan gum, isoprene, propane, and industrial enzymes are some of the bio-based platform chemicals. They form an essential raw material for manufacturing other chemicals with superior functionalities.

See also: Possiblyethereal: Everything you need to know

Global Bio-based Platform Chemicals Market Trends: 

The global bio-based platform chemicals market is primarily driven by growing concerns regarding environmental pollution and depleting fossil fuels. In line with this, governments of various nations have implemented stringent regulations to curb the use of conventional petroleum-based products that cause harmful effects on the environment. As a result, there has been an increased demand for bio-based platform chemicals for manufacturing bio-fertilizers, biocides, and chemical formulations that are biodegradable and eco-friendly in nature. Apart from this, bio-based platform chemicals are also utilized in the pharmaceutical and chemical industries. For instance, bio-itaconic acid (IA) is used to manufacture shampoos, detergents, and several pharmaceutical products as it can dissolve in various alcohols, such as ethanol, propanol and methanol. Besides this, manufacturers are conducting extensive research and development (R&D) activities to introduce new products using renewable feedstock.

Ask Analyst for Instant Discount: https://www.imarcgroup.com/bio-based-platform-chemicals-market/requestsample

Competitive Landscape With Key Players

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

  • BASF SE
  • Braskem S/A (Odebrecht)
  • Cargill Incorporated
  • DuPont de Nemours Inc.
  • Itaconix Corporation
  • Koninklijke DSM N.V.
  • LyondellBasell Industries N.V.
  • Novozymes A/S
  • PTT Global Chemical Public Company Limited
  • Yield10 Bioscience Inc

Key Market Segmentation:

Chemical:

  • Bio Glycerol
  • Bio Glutamic Acid
  • Bio Itaconic Acid
  • Bio-3-Hydroxypropionic Acid
  • Bio Succinic Acid
  • Others

Feedstock:

  • Sugar
  • Syngas
  • Biogas
  • Oil
  • Others

End-Use Industry:

  • Polymers
  • Solvents
  • Fuels
  • Pharmaceuticals
  • Perfumes
  • Others

 Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Report Coverage:

Report FeaturesDetails
Base Year of the Analysis2021
Historical Period2016-2021
Forecast Period2022-2027
UnitsUS$ Billion
Segment CoverageChemical, Feedstock, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries CoveredUnited States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies CoveredBASF SE, Braskem S/A (Odebrecht), Cargill Incorporated, DuPont de Nemours Inc., Itaconix Corporation, Koninklijke DSM N.V., LyondellBasell Industries N.V., Novozymes A/S, PTT Global Chemical Public Company Limited and Yield10 Bioscience Inc.
Customization Scope10% Free Customization
Report Price and Purchase OptionSingle User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support10-12 Weeks
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Read More: https://newyorkbusinesstrends.com/

Leave a Reply

Your email address will not be published. Required fields are marked *