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Bio-Based Platform Chemicals Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023

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Bio-Based Platform Chemicals Market Research Report by Type (Sugar, Syngas, Biogas, Oil, Algae, and Others), Application (Polymers, Fuels, Solvents, Pharmaceuticals, Perfumes, and Others), and Region (North America, APAC, Europe, and Others)-Global Forecast to 2023 – PowerPoint PPT presentation

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Title: Bio-Based Platform Chemicals Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023


1
Bio-Based Platform Chemicals Market Research
Report - Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Bio-Based Platform Chemicals Market Research
Report- Forecast to 2023
Bio-Based Platform Chemicals Market - Overview
Market Research Future (MRFR) in its latest
study reveals that the global market for
Bio-Based Platform Chemicals will exhibit a
healthy CAGR of 12.67 during the assessment
period (2018-2023). The market is expected to
surpass a valuation of USD 10,200 Mn by the year
2023. The study also finds that in 2017, close to
3,416.0 kilo tons of bio-based platform chemicals
were shipped globally. The growing application of
the product has augured well for suppliers. There
is a strong demand for such chemicals in the
bio-based polymers manufacturing industry. Over
the years, bio-based polymers have become
extensively popular owing to their innate
characteristics. They comply with most
environmental requirements, which makes them a
sought-after industrial material. These polymers
are used for manufacturing a variety of consumer
goods as well as used in automotive and building
construction sectors. Policy reforms and
enforcement of stricter laws on use of
petroleum-based chemicals is creating
opportunities for bio-based platform chemicals.
At the same time, introduction of favourable
policies for eco-friendly products is also
boosting Bio-Based Platform Chemicals. However,
challenges remain formidable for market players
as bio-based chemical manufacturing continue to
be capital and energy-intensive. Moreover, it
requires a certain level of technological
expertise that most lack.
3
Bio-Based Platform Chemicals Market Research
Report- Forecast to 2023
Segmental Analysis
A thorough segmental analysis of the market
based on Application and Type is also available
in the report. On the basis of Application, the
market has been segmented into polymers,
solvents, fuels, pharmaceuticals, perfumes and
others. Among these, the polymer segment is
expected to remain highly attractive in 2018 and
beyond. Currently, the segments account for more
than one-third share of the market. This is
primarily owing the fast depletion of fossil
fuel-based chemicals. Stringent regulations are
being levied on the fuel-based chemical industry,
which is prompting polymer manufacturers to look
for other viable options. During the forecast
period, the polymer segment is projected to grow
at a CAGR of 13.74 during the review period. On
the basis of Types, the market has been segmented
into syngas, oil, biogas, algae, sugar and
others. The sugar segment currently commands for
more than 43 share of the market and is likely
to remain highly attractive throughout the
assessment period. In 2017, nearly USD 2,174.7 Mn
worth sugar-based platform chemicals were sold
worldwide. This is primarily owing to the
widespread availability of carbohydrates derived
from lignocellulosic biomass. Get Research
Report Overview _at_ https//www.marketresearchfuture
.com/reports/bio-based-platform-chemicals-market-6
604

4
Bio-Based Platform Chemicals Market Research
Report- Forecast to 2023
Regional Outlook
The market has been covered across North
America, South America, Europe, Asia Pacific
(APAC) and the Middle East Asia Pacific (APAC).
Asia Pacific is expected to spearhead the Global
Bio-Based Platform Market during the forecast
period. The region accounted for more than 41
market share. The regions market is expected to
expand at a robust CAGR of 13.79 by 2023. Demand
for Bio-Based Platform Chemicals has increased
substantially in the region. The availability of
renewable feed stock along with the introduction
favourable government policies is contributing to
growth of the market in the region. During the
forecast period, China is expected to remain the
key market in the region followed by Japan and
India. Governments in these countries are
promoting research and development efforts in
biotechnology, which is aiding the expansion of
bio-based platform chemicals. Apart for APAC,
Europe and North America are two regions that
expected present substantial business
opportunities to market players in the
forthcoming years.
5
Bio-Based Platform Chemicals Market Research
Report- Forecast to 2023
Major Players in this Research
  • Bio-Based Platform Chemicals Market Prominent
    Players
  • BioAmber Inc.
  • Braskem
  • Qingdao Kehai Biochemistry Co. Ltd.
  • Zhejiang Guoguang Biochemistry Co. Ltd
  • Reverdia
  • Cargill Incorporated
  • AVA Biochem AG
  • Royal DSM NV
  • Itaconix PLC
  • GFBiochemicals Ltd
  • GC Innovation America
  • Mitsubishi Chemical Corporation, LyondellBasell
    Industries NV, BASF SE

To get Holistic Sample of the Report, please
click _at_ https//www.marketresearchfuture.com/sampl
e_request/6604
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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