Bio-renewable Chemicals Market Explores New Growth Opportunities from 2019 to 2025 - PowerPoint PPT Presentation

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Bio-renewable Chemicals Market Explores New Growth Opportunities from 2019 to 2025

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Request for TOC report @ Asia Pacific market of bio-renewable chemicals is likely to witness a steady CAGR during the forecast period. The rising concern regarding the depletion of fossil fuel is projected to be a major factor driving the bio-renewable chemicals market. Moreover, the growing government initiatives to produce bio chemicals coupled with the easy availability of feedstock in the region shall further propel product demand during the forecast timeframe – PowerPoint PPT presentation

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Title: Bio-renewable Chemicals Market Explores New Growth Opportunities from 2019 to 2025


1
Bio-renewable Chemicals Market predicted to grow
exponentially by 2025 Global Market Insights,
Inc.
2
Regional Analysis of Bio-renewable Chemicals
Market
  • Asia Pacific bio-renewable chemicals market is
    likely to witness a steady CAGR during the
    forecast period. The rising concern regarding the
    depletion of fossil fuel is projected to be a
    major factor driving the bio-renewable chemicals
    market. Moreover, the growing government
    initiatives to produce bio chemicals coupled with
    the easy availability of feedstock in the region
    shall further propel product demand during the
    forecast timeframe.
  • North America and Europe are likely to be chief
    revenue generating pockets during the assessment
    period. The presence of stringent regulations
    regarding the use of petroleum-based chemicals
    shall positively contribute to the global
    bio-renewable chemicals market. Some of the major
    regulations include, The Toxic Substances Control
    Act (TSCA) in the U.S. and REACH in Europe.

3
  • Application Analysis of Bio-renewable Chemicals
    Market
  • In terms of application, global bio-renewable
    chemicals market has been segmented into
    bio-solvents, bio-cleaners detergents,
    bio-plastic and others. Among the aforementioned
    segments, bioplastic shall generate maximum
    revenue from 2019 to 2025. The growing demand for
    sustainable packing across the globe is likely to
    boost bio plastic segment growth. Moreover, the
    presence of stringent regulations mainly in the
    U.S. and Europe regarding the use of sustainable
    plastic shall further surge bioplastics demand.
  • Bio-solvent was another important segment in 2018
    and projected to expand at a significant CAGR
    over the forecast timeframe. These are
    extensively used in adhesives, sealants, paints
    coatings and printing Inks applications. The
    growing concern about the volatile organic
    compound (VOCs) in paints coatings is likely to
    contribute substantially to the segment growth.
    Moreover, the growing demand for paints and
    coatings across the globe is anticipated to
    further boost the segment growth. Additionally,
    the rising demand for bio-solvents from
    pharmaceuticals and cosmetic industry shall
    further aid to the segment growth.

4
  • Product Analysis of Bio-renewable Chemicals
    Market
  • In terms of products, the global bio-renewable
    chemicals market is segmented into succinic acid,
    lactic acid glycerin and others. Among the
    aforementioned segments, glycerin was the largest
    segment in 2018 and is projected to exhibit
    similar trend throughout the assessment period.
    Glycerin is widely used as a flatform chemical to
    produce bio-polymers, biofuels, monomers, and
    other chemical intermediates. Latic acid is
    likely to be another dominant product segment
    throughout the forecast period. The growing
    application of lactic acid in food and
    pharmaceutical industry is set to generate
    substantial revenue during the given period
    2019-2025.

5
Competitive Market Share of Bio-renewable
Chemicals Market
  • Some of the key market players in bio-renewable
    chemicals market include Amyris, ZeaChem,
    Solazyme, Elevance BASF SE, Solvay, Myriant,
    BioAmber, DuPont, Lanza Tech and Gevo etc.

6

Browse Full Market Research Report On
Bio-renewable Chemicals Market _at_
https//bit.ly/2YBJqOl Request for an
in-depth table of contents for this report _at_
https//bit.ly/2MIhZLm
7
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