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Renewable chemicals are bio-based chemicals that are composed of chemicals that are produced from renewable sources such as agriculture waste, agriculture feedstock, agriculture waste, biomass, microorganisms, and among others. Renewable chemicals are environment-friendly sources of carbon as it fewer carbon footprints as compared to petro-based chemicals.
Top Companies Covered in this Report:
– BASF SE
– Dupont Tate and Lyle Bio Products Company, LLC
– GC Innovation America
– Genomatica Inc.
– Mitsubishi Chemical Corporation
– Natureworks LLC
– Roquette Fr?res
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What is the Dynamics of Renewable Chemicals Market?
The renewable chemicals market has witnessed significant growth owing to factors such as stringent environmental regulations related to the manufacture and disposal of petrochemicals by regulatory bodies such as REACH, EPA, and European Commission. Additionally, volatile crude oil prices coupled with high prices of finished petrochemicals further propel the growth of the renewable chemicals market over the forecast period.
What is the SCOPE of Renewable Chemicals Market?
The “Global Renewable Chemicals Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the renewable chemicals market with detailed market segmentation by product type, application and geography. The global renewable chemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading renewable chemicals market players and offers key trends and opportunities in the market.
What is the Market Segmentation?
The global renewable chemicals market is segmented on the basis of product type and application. Based on product type the global renewable chemicals market is divided into alcohols, platform chemicals, and biopolymers. On the basis of application the market is bifurcated into industrial, transportation, food packaging and beverage bottling, bio-medical, fertilizers, agriculture, textiles, and others.
What is the Regional Framework of Renewable Chemicals Market?
The report analyzes factors affecting the renewable chemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the renewable chemicals market in these regions.
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