Renewable Chemicals in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Chemicals that are produced from renewable sources such as agricultural feedstock, agricultural & organic wastes, and biomass are termed as renewable chemicals. Renewable chemicals are widely used as direct substitutes for petro-based chemicals due to their lower carbon footprint.
The North American renewable chemicals market had total revenues of $86.9 billion in 2023, representing a compound annual growth rate (CAGR) of 7.1% between 2018 and 2023.
The fine chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $28.9 billion, equivalent to 33.2% of the market's overall value.
North America accounted for a 28.9% share of the global renewable chemicals market in 2023.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable chemicals market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable chemicals market in North America
Leading company profiles reveal details of key renewable chemicals market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the North America renewable chemicals market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the North America renewable chemicals market by value in 2023?
What will be the size of the North America renewable chemicals market in 2028?
What factors are affecting the strength of competition in the North America renewable chemicals market?
How has the market performed over the last five years?
Who are the top competitors in North America's renewable chemicals market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Indorama Ventures PCL
8.2. The Dow Chemical Company
8.3. Archer Daniels Midland Co
8.4. BASF SE
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: North America renewable chemicals sector value: $ million, 2018-23
Table 2: North America renewable chemicals sector category segmentation: % share, by value, 2018-2023
Table 3: North America renewable chemicals sector category segmentation: $ million, 2018-2023
Table 4: North America renewable chemicals sector geography segmentation: $ million, 2023
Table 5: North America renewable chemicals sector value forecast: $ million, 2023-28