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Farnesene Market Size, Share, Development by 2024
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Farnesene is a pale yellow to yellow liquid with a vegetative scent and a taste of green vegetables with a fruity aftertaste.
Scope of the Report:
Global farnesene industry is concentrated highly. Currently, there are two producing companies Amyris Brasil and ADL Biopharma. Actually, the industry is dominated by Amyris. Amyris Brasi once was the subsidiary of Amyris and was sold to DSM in the year end of 2017. ADL Biopharma has offered contract manufacturing for Amyris from the year of 2018. In order to expand the business further, Amyris keeps active to seek cooperation with leading chemical and materials manufacturers globally.
Total consumption of farnesene was 12167 MT in 2018. North America was the largest consumption region. In 2018, it occupied 68.41% consumption share.
Farnesene could be applied in many fields, such as Nutraceuticals, Polymers & Adhesives, Solvents, Tires & LFR, Cosmetics and so no. Nutraceuticals is the main application field with 46.55% consumption share in 2018. As for other application, demand from Tires & LFR has great potential as there are Japanese manufacturers are promoting the business of LFR.
The worldwide market for Farnesene is expected to grow at a CAGR of roughly 11.9% over the next five years, will reach 83 million US$ in 2024, from 47 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Farnesene in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Amyris Brasil(DSM)
ADL Biopharma
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Beta Farnesene
Alpha Farnesene
Market Segment by Applications, can be divided into
Nutraceuticals
Polymers & Adhesives
Solvents
Tires & LFR
Cosmetics
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-farnesene-market_p187118.html
Related Information:
North America Farnesene Market Growth 2019-2024
United States Farnesene Market Growth 2019-2024
Asia-Pacific Farnesene Market Growth 2019-2024
Europe Farnesene Market Growth 2019-2024
EMEA Farnesene Market Growth 2019-2024
Global Farnesene Market Growth 2019-2024
China Farnesene Market Growth 2019-2024
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