The report on the Global Biobased Platform Chemicals Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Biobased platform chemicals are building block chemicals composed of two-six carbons bonds. They are used as raw material in the production of various other chemicals. Emission of carbon dioxide is comparatively low in biobased platform chemicals to that from conventional feedstock chemicals. These chemicals are produced from renewable raw materials such as vegetable oils, animal fat, sugar, and starch.
The global biobased platform chemicals market is segmented by product into bio 1, 4-diacids, bio glycerol, bio glutamic acid, bio 3-hydroxypropionic acid and bio itaconic acid. Bio 1, 4-diacids and bio itaconic acid has immense scope in the near future.
Latin America and Africa are anticipated to be the fastest growing market over the forecast period. Germany and the US are witnessing shortage of chemical raw materials and hence they are opting for biobased platform chemicals.
Dearth of non-renewable resources and growing awareness for sustainable environment are the major factors responsible for the growth of global biobased platform chemicals market. Volatile crude oil prices have resulted to shift from conventional to biobased platform chemicals. High initial investment, lack of commercialization and raw materials availability are the challenges faced by this industry.
Leading companies in the l biobased platform chemicalsmarket are:
- Alpha Chemika
- BASF SE
- BioAmber
- Braskem
- Dairen Chemicals
- DSM
- DuPont
- Ineos
- International Specialty Products
- Itaconix Corporation
- Lucite International Group
- LyondellBasell Industries
- Mitsubishi Chemicals
- Myriant
- Novozymes
- Qingdao Kehai Biochemistry
- Zhejiang Guoguang Biochemistry
SEGMENTATIONS IN REPORT:
Biobased Platform Chemicals By Product
- Bio 1, 4-diacids
- Bio Glycerol
- Bio Glutamic Acid
- Bio 3-hydroxypropionic Acid
- Bio Itaconic Acid
Biobased Platform Chemicals By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Biobased Platform Chemicals Market has been exhibited in detail in the following chapters -
Chapter 1 Biobased Platform Chemicals Market Preface
Chapter 2 Executive Summary
Chapter 3 Biobased Platform Chemicals Industry Analysis
Chapter 4 Biobased Platform Chemicals Market Value Chain Analysis
Chapter 5 Biobased Platform Chemicals Market Analysis By Product
Chapter 6 Biobased Platform Chemicals Market Analysis By Geography
Chapter 7 Competitive Landscape Of Biobased Platform Chemicals Companies
Chapter 8 Company Profiles Of Biobased Platform Chemicals Industry