Global Biobased Platform Chemicals Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025

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, and Zhejiang Guoguang Biochemistry.
 
Decision Databases is involved in providing research reports and company profiles in the global biobased platform chemicals market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The biobased platform chemicals market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our biobased platform chemicals profiles.
 
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

 
GLOSSARY:
Biobased Platform Chemicals: Biobased platform chemicals are building block chemicals composed of two-six carbons bonds.