The Renewable Chemicals market is in its infancy and is projected to witness dynamic growth between 2021-2027, at a CAGR of over 10%.
A factor impeding the growth of the renewable chemicals market is the high price compared to conventional polymers and related performance issues. However, improvements are expected in the near future as research and innovation increase. Growth opportunities in the Renewable Chemicals market are penetrating end-user segments, new raw materials, Asian countries and the potential for cost savings through economies of scale is increasing.
A full report of Renewable Chemicals Market available at: https://www.orionmarketreports.com/renewable-chemicals-market/26425/
Renewable Chemicals Market- Segmentation
By Product Type
• Alcohols
• Organic Acids
• Ketones
• Platform Chemicals
• Biopolymers
• Others (Bio-based 1,3-PDO, ECH, and 1,4-BDO)
By Applications:
• Transportation
• Textiles
• Food safety
• Environment
• Communication
• Housing
• Recreation
• Health & Hygiene
• Bio-Medical
• Agriculture
• Other Applications
Key Market players
• Archer-Daniels-Midland Company (US)
• Amyris Inc (US)
• BASF SE (Germany)
• Bioamber Inc (US)
• Biomethanol Chemie Nederland B.V. (The Netherlands)
• Braskem (Brazil)
• Cargill Inc (US)
• Koninklijke DSM N.V. (The Netherlands)
• Evonik Industries AG (Germany)
• Genomatica Inc (US)
• Myriant Corporation (US)
(This release has been published on Global Market Post. Next Biz Post is not responsible for any content included in this release.)
