Bio-Based Platform Chemicals Market : Key Players, Growth, Analysis 2017 to 2023

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2023
Bio-Based Platform Chemicals Market Key Pl
ayers, Growth, and Analysis 2017 to 2023
Infinium Global Market
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The report on Bio-Based Platform Chemicals Market
by type (Glycerol, 3-Hydroxypropionic Acid,
Succinic, Fumaric, Malic Aspartic Acid,
Levulinic, Xylitol), by applications
(agriculture, bio fuels, bio plastics, food
applications, industrial chemicals,
pharmaceuticals) trends analysis and forecasts up
to 2023 studies the market sizes, key trends and
opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the
World. According to the report the Global
Bio-Based Platform Chemicals Market is projected
to grow at a CAGR of 8 in terms of value over
the period of 2017-2023. The growth in the world
market is primarily driven by significant
contribution by North America (Leading region)
region to this market. Get Sample Copy of this
Report https//www.infiniumglobalresearch.com/rep
orts/sample_request/46 Market Insights Increasing
acceptance of bio-based platform chemicals in
food and beverages, personal care and
pharmaceuticals industries are driving the
growth of the bio-based platform chemicals
market. The demand for environmental friendly
bio-cleaning applications is expected to grow
significantly during the forecast period. The
preference showed by consumers for environmental
friendly applications made from bio sources is a
major factor in the growth of the global
bio-based platform chemicals market. The limited
reserves of non-renewable resources such as
coal, gas, and oil, along with the increasing
pollution related to those resources are expected
provide boost the growth of the bio chemicals
market. Moreover, the stringent government
guidelines force many sectors to move towards
bio-based platform chemicals over conventional
petroleum based chemicals. Unhindered
availability of raw materials, adverse weather
conditions, price fluctuations of petroleum-based
chemicals are the main challenges expected to
affect the prospects of major players in the
market. Segments Covered The report segments the
global bio-based platform chemicals market by
type, applications and region. On the basis of
type, the market is segmented as C-3 (including
Glycerol, 3-Hydroxypropionic Acid), C-4 (Succinic,
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Fumaric, Malic Aspartic Acid), C-5 (Levulinic,
Glutamic Itaconic Acid, Xylitol), C-6
(Sorbitol, Glucaric Acid) Based on the end user
applications, the market is segmented as
agriculture, bio fuels, bio plastics, food
applications, industrial chemicals,
pharmaceuticals and others. Geographic Coverage
and Analysis The report provides regional
analysis covering geographies such as North
America, Europe, Asia-Pacific, and Rest of the
World. In this section the key trends and market
size for each geography is provided over the
period of 2017 2023. In North American region,
USA is the largest producer of ethanol. In USA,
the bio-based platform chemicals are slowly
replacing petroleum-derived chemicals. Hence, it
is expected to build upon the current market
share of around ten percentages in the chemicals
market and drive the growth of the North American
bio-based platform chemicals market.
Asia-Pacific region is the largest bio-based
platforms chemical market. The increasing demand
for citric acid from food and beverages industry
in the region is expected to drive the growth of
the bio-based platform chemicals market. In
Europe, there are serious concerns about the
clearing of forests for cultivation of crops for
bio-energy. European Unions industrial policy
that favors increase in share of bio-based
applications industry up to 20 by 2023 is
expected to enhance the growth of the bio-based
platform chemicals market in the region. The
ethanol production in the Brazil accounts for
significant portion of the global ethanol
production and it drives the Latin American
market. Moreover, the increasing demand for the
bio-based platform chemicals is expected to
drive the Latin American bio-based chemical
market. African region is also expected to
experience a steady growth in the bio-based
platform chemicals market. The emergence of
innovative technologies, huge private
investments, and partnerships between various
chemical companies and agro-companies are keys to
the growth of bio-based platform chemicals
market. It is a challenge for major players in
the market to usurp the dominant petroleum based
chemicals, by providing competitive pricing and
performance at commercial scale. However, in
several industrial sectors, strict environmental
friendly guidelines issued by governments provide
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opportunity for bio-chemicals companies to expand
their capacities and provide reliable
alternatives to harmful chemicals. Make an
Enquiry https//www.infiniumglobalresearch.com/re
ports/enquiry/46 Companies Profiled The
companies covered in the report include
Australian Renewable Fuels Limited, BASF AG,
BioAmber Inc, Royal DSM, Mitsubishi Chemicals,
Myriant Technologies LLC, Novamont S.P.A, Raizen
Energia Participacoes, Tianjin Green Bio
Materials Co. Ltd, and Zhejiang Hisun
Biomaterials Co. Ltd. Browse Research Report
https//www.infiniumglobalresearch.com/chemical_ma
terial/global_bio_based_platform_chemicals_market
Report Highlights The report provides deep
insights on demand forecasts, market trends, and
micro and macro indicators. In addition, this
report provides insights on the factors that are
driving and restraining the demand of bio-based
platform chemicals globally as well as
regionally. Moreover, IGR-Growth Matrix analysis
given in the report brings an insight on the
investment areas that existing or new market
players can consider. The report provides
insights into the market using analytical tools
such as Porters five forces analysis and value
chain analysis of fish oil. Moreover, the study
highlights current market trends and provides
forecast from 2017 to 2023. We also have
highlighted future trends in the bio-based
platform chemicals market that will impact the
demand during the forecast period. Moreover, the
competitive analysis given in each regional
market brings an insight on the market share of
the leading players. Additionally, the analysis
highlights rise and fall in the market shares of
the key players in the market. This report will
help manufacturers, suppliers, and distributors
of the bio-based platform
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chemicals market to understand the present and
future trends in this market and formulate their
strategies accordingly. About Us Infinium Global
Research and Consulting Solutions is started with
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choice. We at Infinium work on the strengths of
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opportunities then you find there is no dearth
of opportunities for you. With our strategic
research approaches and deep dive in the market
segments, we try to find out new opportunities
that our clients can encash with their existing
resources. Our experts with over 100 years of
cumulative experience in research offer the best
in the industry services to our clients to
ensure that they achieve their business
goals. Contact Us Infinium Global Research, Toll
Free U.S. Canada 1-800-638-0796, UK
44-2033182010 Website https//www.infiniumglobal
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