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Farnesene Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like ADL Biopharma,Amyris Brasil(DSM),Inc.
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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.
Global Farnesene market size will increase to 104.6 Million US$ by 2025, from 46 Million US$ in 2018, at a CAGR of 12.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Farnesene.
Market Segment by Manufacturers, this report covers
Amyris Brasil(DSM)
ADL Biopharma
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
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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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