Favorable Government Policies to boost Global Bio-based Chemicals Market Growth

According to a new market research report launched by Inkwood Research, the Global Bio-based Chemicals Market is growing at 14.51% of CAGR between 2019-2028, and is projected to reach a revenue of $32.04 billion by 2028.

Browse 115 market data Tables and 80 figures spread over 347 Pages, along with in-depth analysis on Global Bio-based Chemicals Market by Product Type, Application & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Bio-based Chemicals Market Scenario
Bio-based chemicals, also termed as platform chemicals, are produced from biomass, act as a building block for materials, varying based on the niche of the product. Some of the prominent examples of bio-based chemicals are cellulose fibers, tall oils, non-food starch, fatty acids, cellulose derivatives, and fermentation products like citric acid and ethanol. The global market is projected to witness growth trend majorly attributed to aspects, such as active participation of government in promoting green chemistry, favorable policies, fluctuations in the crude oil prices, and growing application of ecological products. However, disruption in the supply chain, high costs of chemicals, and low acceptance, are factors challenging the growth of the global market.
The Global Bio-based Chemicals Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Bio-based Chemicals Market by Product Type, Application & by Geography: https://www.inkwoodresearch.com/reports/bio-based-chemicals-market/#request-free-sample

Market Segmentation
Market By Application
• Food Products
o Alcoholic Beverages
o Other Food Products
• Industrial Chemicals
o Alcohol
o Succinic Acid
o Bio-Based Dyes
o Glycerol
o Lactic Acid
o Acrylic Acid
o Other Industrial Chemicals
• Pharmaceuticals
o Enzymes
o Amino Acid
o Vitamins & Related Compounds
o Antibiotics
o Other Pharmaceuticals
• Agriculture
o Biopesticides
o Bio-Fertilizers
o Other Agriculture
Market by Product Type
• Bio Fuels
o Biogas
o Bio-Diesel
o Solid Biomass
• Bioplastics
o Bio-Degradable
 PHA
 PLA
 Biodegradable Polyester
 Regenerated Cellulose
 Other Biodegradable Plastics
o Non-Biodegradable
 Bio PE
 Bio PET
 Bio PA
 Other Non-Biodegradable Plastics

Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• MITSUBISHI CHEMICAL HOLDINGS CORPORATION
• NOVOZYMES A/S
• DANIMER SCIENTIFIC INC
• ROYAL DSM NV
• MITSUI & CO LTD
• BIOAMBER INC (INACTIVE)
• TEIJIN LIMITED
• BASF SE
• METHANEX CORPORATION
• BRASKEM SA
• NATUREWORKS LLC
• PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED
• ABENGOA SA
• CORBION NV
• CARGILL INCORPORATED

Related Reports
GLOBAL BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) MARKET - Global bio-based PET market is growing with 17.51% of CAGR during the year 2018-2026.

GLOBAL GREEN SOLVENTS & BIO SOLVENTS MARKET - Global green solvents & bio solvents market is estimated to grow at a CAGR of 7.51%.
GLOBAL BIOFUELS & BIODIESEL MARKET - Global biofuels & biodiesel market is projected to rise at 5.48% of CAGR during the forecast period.
GLOBAL BIODEGRADABLE PLASTICS MARKET - Global biodegradable plastics market is evolving at a CAGR of 11.49% over the forecast period.

GLOBAL BIOPESTICIDES MARKET - Global biopesticides market is expected to garner 15.11% of CAGR during the forecast period.

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This release was published on openPR.