Global Bio-Based Platform Chemical Market Research Report and Forecast

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Global Bio-Based Platform

Chemical Market Research

Report and Forecast

2021-2026

Author: Elena Anderson,

Marketing Manager |

IMARC Group

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Report Description

About

IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

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Report Description

Report Description and Highlights

Global Bio-Based Platform Chemical Market Outlook 2026:

According to the latest report by IMARC Group, titled “Bio-Based Platform Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global bio-based platform chemicals market grew at a CAGR of 10% during 2015-2020.

Bio-based platform chemicals refer to a group of twelve building block chemicals that are produced from sugar using biological conversions.

They consist of molecules with different functional groups that can be potentially transformed into other high-value chemicals.

Amino acid, carboxylic acid, butanediols, ethanol, short-chain olefin, polymers like alginate and xanthan gum, isoprene, propane, and industrial enzymes are some of the bio-based platform chemicals.

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Report Description

Report Description and Highlights

Global Bio-Based Platform Chemical Market Trends:

The global bio-based platform chemicals market is primarily driven by growing concerns regarding environmental pollution and depleting fossil fuels.

In line with this, governments of various nations have implemented stringent regulations to curb the use of conventional petroleum-based products that cause harmful effects on the environment.

As a result, there has been an increased demand for bio-based platform chemicals for manufacturing bio-fertilizers, biocides, and chemical formulations that are biodegradable and eco-friendly in nature.

Apart from this, bio-based platform chemicals are also utilized in the pharmaceutical and chemical industries.

For instance, bio-itaconic acid (IA) is used to manufacture shampoos, detergents, and several

pharmaceutical products as it can dissolve in various alcohols, such as ethanol, propanol and methanol.

Request for a free sample report: https://www.imarcgroup.com/bio-based-platform-chemicals-market/requestsample

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Besides this, manufacturers are conducting extensive research and development (R&D) activities to introduce new products using renewable feedstock.

Market Summary:

Breakup by Chemical Type:

• Bio glycerol

• Bio glutamic acid • Bio itaconic acid

• Bio-3-hydroxypropionic acid • Bio succinic acid

Breakup by Type: • Polymers • Solvents • Fuels • Pharmaceutical • Perfumes

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Breakup by Feedstock: • Sugar • Syngas • Biogas • Oil Breakup by Region: • North America • Europe • Asia Pacific • Latin America

• Middle East and Africa

Looking forward, the market is expected to witness moderate growth during the forecast period (2021-2026).

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Competitive Landscape With Keyplayer: • BASF SE

• Braskem S/A

• Cargill Incorporated • DuPont de Nemours Inc. • Itaconix Corporation • Koninklijke DSM N.V.

• LyondellBasell Industries N.V. • Novozymes A/S

• PTT Global Chemical Public Company Limited • Yield10 Bioscience Inc.

View Report TOC, Figures and Tables : https://www.imarcgroup.com/bio-based-platform-chemicals-market

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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Report Description

Report Description and Highlights

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been

based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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