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Bio-based Platform Chemicals Market Global Demand, Supply and Revenue Status 2019 to 2023

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Dec 05, 2019 (Market Insight Reports via COMTEX) -- The Bio-based Platform Chemicals Market research report presents a comprehensive assessment of the market and contains qualitative and quantitative insights, historical and forecasted data, competitor and regional analysis from 2019 to 2023. This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Platform Chemicals market by product type, application, key manufacturers and key regions and countries.

Prominent Top Key Players: Aktin Chemicals, Inc., BASF SE, BioAmber Inc, Braskem, Cargill Incorporated, DowDuPont, Evonik Industries AG, GF Biochemicals, INEOS, Kawasaki Kasei Chemicals, Koninklijke DSM N.V., LyondellBasell Chemicals, Mitsui Chemicals, Inc, Myriant Corporation., Nippon Shokubai Co., Ltd., Novozymes, PTT Global Chemical Public Company, Qingdao Kehai Biochemistry Co., LTD., Tokyo Chemical Industry Co., Ltd, Yantai shanshui chemical technology Co. Ltd., Yield10Bioscience, Inc

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The evolution of bio-refineries has driven the development of bio-based platform chemicals as an alternative to petrochemicals. Due to increasing government concerns regarding health, the environment and limited fossil resources, there is a growing interest in using sustainable technologies to produce chemicals, plastics, and other products from renewable resources. The bio-based platform chemicals offer great potential for decarbonizing everyday products, allowing everything from running shoe soles to plastics and car parts, to become bio-based. These trends are successful in creating a huge demand for bio-based platform chemicals market.

Bio-Glycerol Segment to Dominate the Market

Bio-glycerol is s major by-product in the bio-diesel manufacturing process. Bio-based glycerol is comparatively economical and is used as a feedstock in various products, like butanol, 1,3-propanediol, 2,3-butanediol, citric acid, and poly(hydroxyalkanoates) to be used in various end-user industries, such as cosmetics, pharmaceuticals, and food & beverages. Among the product types, bio-glycerol holds the largest market share of the global bio-based platform chemicals market. The demand for this segment is mainly driven due to the growing demand in developing countries, as China, India, Russia, and Latin American countries. In addition to the largest market share, it is also the fastest growing product segment during the forecast period.

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Bio-based Platform Chemicals Market Overview:

Global Market Size (Value) of Bio-based Platform Chemicals (2019-2023)

Global Bio-based Platform Chemicals Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2019-2015)

Global Bio-based Platform Chemicals Production, Revenue (Value), Price Trend by Type

Global Bio-based Platform Chemicals Market Analysis by Application

Global Bio-based Platform Chemicals Manufacturers Profiles/Analysis

Bio-based Platform Chemicals Manufacturing Cost Analysis

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