Global Green Chemicals Market Growth 2023-2029
Green chemicals or bio-based chemicals are renewable chemicals produced from bio-based feedstock. They are less harmful to the environment than the petroleum-based production of chemicals. Green chemicals are produced primarily using raw materials, which uses fewer natural resources, maintaining the environmental balance. The major bio-based raw materials used in the production of green chemicals are vegetable oils, animal fats, sugar and starch, and bio-ethanol.
LPI (LP Information)' newest research report, the “Green Chemicals Industry Forecast” looks at past sales and reviews total world Green Chemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Green Chemicals sales for 2023 through 2029. With Green Chemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Chemicals industry.
This Insight Report provides a comprehensive analysis of the global Green Chemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Chemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Green Chemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Chemicals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Chemicals.
The global Green Chemicals market size is projected to grow from US$ 100440 million in 2022 to US$ 170050 million in 2029; it is expected to grow at a CAGR of 170050 from 2023 to 2029.
Various government initiatives and regulations create a conducive environment for growth of the green chemicals market. The US Environment Protection Agency (EPA), and the ACS Green Chemistry Institute are playing major role in supporting research and education for preventing pollution and reducing the toxic content. These government agencies have recognized that the use of green chemicals will not only make sustainable, and cleaner environment, but can be economically helpful in building positive social environment.
This report presents a comprehensive overview, market shares, and growth opportunities of Green Chemicals market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Bio-Ethanol
Sugar & Starch
Animal Fats
Vegetable Oils
Others
Segmentation by application
Healthcare Industries
Food Processing Industries
Construction Industries
Automobiles Industries
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BioAmber
Braskem
Cargill
DSM
DuPont Industrial Biosciences
INEOS Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Green Chemicals market?
What factors are driving Green Chemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Chemicals market opportunities vary by end market size?
How does Green Chemicals break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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