Bio-based Chemicals Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	240 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224229

Best Price Guarantee
Price	from $4,850
Length	240 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224229

Bio-based Chemicals Market

Growth Factors of Bio-based Chemicals Market

The Bio-based Chemicals market size was valued at USD 73.16 billion in 2023, and the market is now projected to grow from USD 99.86 billion in 2024 to USD 207.95 billion by 2032, exhibiting a CAGR of 9.6% during the forecast period of 2024-2032.

Globally occurred lockdown in the midst of the COVID-19 widespread challenged the development of raw materials and assets, coming about in disturbances within the supply chain of bio-based chemicals manufacturers. The strict curfews universally driven to stockpiling of fundamental staples and long-lasting nourishments such as rice, wheat, sugar, eatable oils, and others. With the rising utilization of agrarian deliver made a deficiency of crude materials required for chemical production. The companies working within the market saw production line closures and a transitory shutdown of fabricating offices.

The governments attraction towards the bio-based chemicals manufacturing with the presentation of favorable controls, the proven demand for renewable chemicals is intercept to soar high in the professional sectors as such pharmaceutical, agrarian and energy. As of now, the innovative changes required for the expansive scale generation of naturally inferred items are gigantic. The expanding ventures by the producers towards the improvement of advances and strong government controls will emphatically impact the bio-based chemicals market growth.

The fast weariness of fossil fills and the rising nursery gas outflows over the globe has fueled the demand for biomaterials. The activities to decrease destructive emanations due to their effect on the environment have made the requirements for Bio-based products from businesses such as transportation, material, and development. The developing implications of carbon emanations amid manufactured chemical generation have popularized the concept of “Green Chemistry” subsequently expanding the request. Governments are supporting trade supportability and green chemistry programs such as boycott on single-use plastic packs and expendable carry packs which can contribute to the development of the market growth.

Comprehensive Analysis of Bio-based Chemicals Market

On the category of product, the market is bifurcated and sectioned portioned into platform chemicals; polymers for plastics; paints, coatings, inks & dyes; surfactants; cosmetics & personal care; adhesives; man-made fibers; and others. The platform chemicals part in the product category fragment are calculated to be the fastest-growing within the advertise. The market on the basis of utilization is sectioned into industrial, agrarian, pharmaceutical, and others. Industrial portion held the biggest bio-based chemicals share in the market. This portion will likely overwhelm the market amid the estimate period owing to the broad request from a few end-uses such as added substances, composites, and built plastics.

The leading of all the regions the European region is meant to account for the lion's share of the bio-based chemicals market share with a valuation of USD 44.74 billion. Rising venture by European Union nations drives the development of European market to advance green and circular economy. Other than, the nations in this region advance the utilize of bio-based chemicals that are expected to surge the request. Besides, the region is encountering a decay in customary sources, and the steps taken to extend the reliance on natural sources will boost the development of the market.

Key players are contributing intensely within the advancement of new items which is able to comply with the strict directions and standards actualized by the organizations and the governments. Key companies are shaping organizations with raw fabric providers to guarantee nonstop supply, streamline the supply chain, and availing profitable advantage. The market players operating are TOTAL (France), BASF SE (Germany), ADM (U.S.), AGAE Technologies, LLC (U.S.), DSM (The Netherlands), Evonik Industries (Germany), DuPont (U.S.) and Mitsubishi Chemical Corporation (Japan).

Within the month of August 2021, BASF and Eni made an assentation to create unused innovation and deliver bio-propanol from glycerin, a byproduct from the generation of mechanical biodiesel or greasy corrosive methyl ester.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 9.6% during 2024-2032

Unit Value (USD Billion), Volume (Million Ton)

Segmentation By Product Category

Platform Chemicals
Polymers for Plastics
Paints, Coatings, Inks & Dyes
Surfactants
Cosmetics & Personal Care Products
Adhesives
Man Made Fibers
Others

By Application

Industrial
Agricultural
Pharmaceutical
Others

By Geography

North America (By Product Category, By Application, By Country)
U.S. (By Application)
Canada (By Application)
Europe (By Product Category, By Application, By Country)
Germany (By Application)
France (By Application)
U.K. (By Application)
Italy (By Application)
Rest of Europe (By Application)
Asia Pacific (By Product Category, By Application, By Country)
China (By Application)
Japan (By Application)
India (By Application)
Rest of Asia Pacific (By Application)
Rest of World (By Product Category, By Application, By Country)
Brazil (By Application)
Others (By Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Market Trends in the Global Market; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc. .; 4.3. Latest Technological Advancement; 4.4. Insights on Regulatory Scenario; 4.5. Porters Five Forces Analysis; 4.6. Insights Impact of COVID 19 on Global Bio-based Chemicals Market
5. Global Bio-based Chemicals Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Product Category; 5.2.1. Platform Chemicals; 5.2.2. Polymers for Plastics; 5.2.3. Paints, Coatings, Inks & Dyes; 5.2.4. Surfactants; 5.2.5. Cosmetics & Personal Care; 5.2.6. Adhesives; 5.2.7. Man-made Fibers; 5.2.8. Others; 5.3. By Application; 5.3.1. Industrial; 5.3.2. Agricultural; 5.3.3. Pharmaceutical; 5.3.4. Others; 5.4. By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Rest of World
6. North America Bio-based Chemicals Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Product Category; 6.2.1. Platform Chemicals; 6.2.2. Polymers for Plastics; 6.2.3. Paints, Coatings, Inks & Dyes; 6.2.4. Surfactants; 6.2.5. Cosmetics & Personal Care; 6.2.6. Adhesives; 6.2.7. Man-made Fibers; 6.2.8. Others; 6.3. By Application; 6.3.1. Industrial; 6.3.2. Agricultural; 6.3.3. Pharmaceutical; 6.3.4. Others; 6.4. By Country; 6.4.1. U.S.; 6.4.1.1. By Application; 6.4.1.1.1. Industrial; 6.4.1.1.2. Agricultural; 6.4.1.1.3. Pharmaceutical; 6.4.1.1.4. Others; 6.4.2. Canada; 6.4.2.1. By Application; 6.4.2.1.1. Industrial; 6.4.2.1.2. Agricultural; 6.4.2.1.3. Pharmaceutical; 6.4.2.1.4. Others
7. Europe Bio-based Chemicals Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Product Category; 7.2.1. Platform Chemicals; 7.2.2. Polymers for Plastics; 7.2.3. Paints, Coatings, Inks & Dyes; 7.2.4. Surfactants; 7.2.5. Cosmetics & Personal Care; 7.2.6. Adhesives; 7.2.7. Man-made Fibers; 7.2.8. Others; 7.3. By Application; 7.3.1. Industrial; 7.3.2. Agricultural; 7.3.3. Pharmaceutical; 7.3.4. Others; 7.4. By Country; 7.4.1. Germany; 7.4.1.1. By Application; 7.4.1.1.1. Industrial; 7.4.1.1.2. Agricultural; 7.4.1.1.3. Pharmaceutical; 7.4.1.1.4. Others; 7.4.1.2. France; 7.4.1.3. By Application; 7.4.1.3.1. Industrial; 7.4.1.3.2. Agricultural; 7.4.1.3.3. Pharmaceutical; 7.4.1.3.4. Others; 7.4.1.4. Italy; 7.4.1.4.1. By Application; 7.4.1.4.1.1. Industrial; 7.4.1.4.1.2. Agricultural; 7.4.1.4.1.3. Pharmaceutical; 7.4.1.4.1.4. Others; 7.4.1.5. U.K.; 7.4.1.5.1. By Application; 7.4.1.5.1.1. Industrial; 7.4.1.5.1.2. Agricultural; 7.4.1.5.1.3. Pharmaceutical; 7.4.1.5.1.4. Others; 7.4.1.6. Rest of Europe; 7.4.1.6.1. By Application; 7.4.1.6.1.1. Industrial; 7.4.1.6.1.2. Agricultural; 7.4.1.6.1.3. Pharmaceutical; 7.4.1.6.1.4. Others
8. Asia-Pacific Bio-based Chemicals Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Product Category; 8.2.1. Platform Chemicals; 8.2.2. Polymers for Plastics; 8.2.3. Paints, Coatings, Inks & Dyes; 8.2.4. Surfactants; 8.2.5. Cosmetics & Personal Care; 8.2.6. Adhesives; 8.2.7. Man-made Fibers; 8.2.8. Others; 8.3. By Application; 8.3.1. Industrial; 8.3.2. Agricultural; 8.3.3. Pharmaceutical; 8.3.4. Others; 8.4. By Country; 8.4.1. China; 8.4.1.1. By Application; 8.4.1.1.1. Industrial; 8.4.1.1.2. Agricultural; 8.4.1.1.3. Pharmaceutical; 8.4.1.1.4. Others; 8.4.2. Japan; 8.4.2.1. By Application; 8.4.2.1.1. Industrial; 8.4.2.1.2. Agricultural; 8.4.2.1.3. Pharmaceutical; 8.4.2.1.4. Others; 8.4.3. India; 8.4.3.1. By Application; 8.4.3.1.1. Industrial; 8.4.3.1.2. Agricultural; 8.4.3.1.3. Pharmaceutical; 8.4.3.1.4. Others; 8.4.4. Rest of Asia-Pacific; 8.4.4.1. By Application; 8.4.4.1.1. Industrial; 8.4.4.1.2. Agricultural; 8.4.4.1.3. Pharmaceutical; 8.4.4.1.4. Others
9. Rest of World Bio-based Chemicals Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Product Category; 9.2.1. Platform Chemicals; 9.2.2. Polymers for Plastics; 9.2.3. Paints, Coatings, Inks & Dyes; 9.2.4. Surfactants; 9.2.5. Cosmetics & Personal Care; 9.2.6. Adhesives; 9.2.7. Man-made Fibers; 9.2.8. Others; 9.3. By Application; 9.3.1. Industrial; 9.3.2. Agricultural; 9.3.3. Pharmaceutical; 9.3.4. Others; 9.4. By Country; 9.4.1. Brazil; 9.4.1.1. By Application; 9.4.1.1.1. Industrial; 9.4.1.1.2. Agricultural; 9.4.1.1.3. Pharmaceutical; 9.4.1.1.4. Others; 9.4.2. Others; 9.4.2.1. By Application; 9.4.2.1.1. Industrial; 9.4.2.1.2. Agricultural; 9.4.2.1.3. Pharmaceutical; 9.4.2.1.4. Others
10. Company Profiles: 10.1. BASF SE; 10.1.1. Overview; 10.1.2. Description; 10.1.3. Product Portfolio; 10.1.4. Financials (Data as available in public domain and/or on paid databases); 10.1.5. Recent DevelopHouseholdts; 10.2. Vertec BioSolvents, Inc.; 10.2.1. Overview; 10.2.2. Description; 10.2.3. Product Portfolio; 10.2.4. Financials (Data as available in public domain and/or on paid databases); 10.2.5. Recent DevelopHouseholdts; 10.3. AGAE Technologies, LLC; 10.3.1. Overview; 10.3.2. Description; 10.3.3. Product Portfolio; 10.3.4. Financials (Data as available in public domain and/or on paid databases); 10.3.5. Recent DevelopHouseholdts; 10.4. TOTAL; 10.4.1. Overview; 10.4.2. Description; 10.4.3. Product Portfolio; 10.4.4. Financials (Data as available in public domain and/or on paid databases); 10.4.5. Recent DevelopHouseholdts; 10.5. ADM; 10.5.1. Overview; 10.5.2. Description; 10.5.3. Product Portfolio; 10.5.4. Financials (Data as available in public domain and/or on paid databases); 10.5.5. Recent DevelopHouseholdts; 10.6. DuPont; 10.6.1. Overview; 10.6.2. Description; 10.6.3. Product Portfolio; 10.6.4. Financials (Data as available in public domain and/or on paid databases); 10.6.5. Recent DevelopHouseholdts; 10.7. Evonik Industries; 10.7.1. Overview; 10.7.2. Description; 10.7.3. Product Portfolio; 10.7.4. Financials (Data as available in public domain and/or on paid databases); 10.7.5. Recent DevelopHouseholdts; 10.8. Toray Industries, Inc.; 10.8.1. Overview; 10.8.2. Description; 10.8.3. Product Portfolio; 10.8.4. Financials (Data as available in public domain and/or on paid databases); 10.8.5. Recent DevelopHouseholdts; 10.9. Cargill, Incorporated; 10.9.1. Overview; 10.9.2. Description; 10.9.3. Product Portfolio; 10.9.4. Financials (Data as available in public domain and/or on paid databases); 10.9.5. Recent DevelopHouseholdts; 10.10. GF Biochemicals Ltd.; 10.10.1. Overview; 10.10.2. Description; 10.10.3. Product Portfolio; 10.10.4. Financials (Data as available in public domain and/or on paid databases); 10.10.5. Recent DevelopHouseholdts; 10.11. Mitsubishi Chemical Coporation; 10.11.1. Overview; 10.11.2. Description; 10.11.3. Product Portfolio; 10.11.4. Financials (Data as available in public domain and/or on paid databases); 10.11.5. Recent DevelopHouseholdts; 10.12. DSM; 10.12.1. Overview; 10.12.2. Description; 10.12.3. Product Portfolio; 10.12.4. Financials (Data as available in public domain and/or on paid databases); 10.12.5. Recent DevelopHouseholdts
11. Strategic Recommendations: 12.