Press release
Bio-based Platform Chemicals Market Trends, Opportunities and Phenomenal Growth Prospects TO 2030 | Yeild10 Bioscience Inc., BioAmber Inc., Succinity GmbH, Cargill Inc., Prinova Group LLC
The global bio-based platform chemicals market will record a healthy growth rate amid the assessment period (2020-2030). Extensive application in cosmetics, pharmaceuticals, food & beverages will assist in attaining highest market share over the forecast period. Bio-glycerol will hold higher demand, in spite of the threat of the COVID-19 outbreak, with the sector exhibiting steady retrieval by 2021."Rising demand for bio-based platform chemicals from end-user sector, stringent regulations on the application of traditional petroleum-based chemicals, along with alterations in customers preference on eco-friendly products are prime factors fuelling long-term growth of the market." says a Fact.MR analyst.
Request a report sample to gain comprehensive market insights at: https://www.factmr.com/connectus/sample?flag=S&rep_id=5366
Bio-based Platform Chemicals Market - Key Takeaways
North America, led by US will be dominating the global market followed by Europe.
Bio-glycerol type accounts for majority of the market share over the forecast period.
Polymer production segment on the basis of application will foresee strong growth prospects in the near future.
Bio-based Platform Chemicals Market - Drivers
Rapid expansion of the green chemistry industry is likely to contribute to developments in the market.
Sturdy expansion of disposable income and extensive scope of applications will assist the growth of the market in the foreseeable future.
Customer preference for environment friendly offerings and technological innovations will drive the market growth.
Bio-based Platform Chemicals Market - Constraints
Shortage of raw material and price fluctuations of raw materials are projected to hamper the growth.
Fitted competition from oil-based platform chemicals could impact the products cost and vendors operations, can negatively impact market growth.
Anticipated Market Impact by COVID-19 Outbreak
The COVID-19 outbreak has moderately impacted the bio-based platform chemicals market. Although disruptions in supply chain are likely to hurt short-term forecasts, drop of fossil fuel usage amid the crisis will generate lucrative prospects.
In the pharma industry, demand for bio-based platform chemicals will remain high. Furthermore, applications in the agrochemicals industry will be gaining traction, as governments continue to invest in food security. These aspects will impact market growth in the post pandemic era.
For More Detailed Information about Methodology @ https://www.factmr.com/connectus/sample?flag=RM&rep_id=5366
Competition Landscape
The market is moderately consolidated and is categorised by substantial market share amid leading in terms of value and volume. Leading companies identified in the global bio-based platform chemicals market are BioAmber Inc., Yeild10 Bioscience Inc., Succinity GmbH, Prinova Group LLC, Cargill Inc., Dow DuPont Inc., GFBiochemicals Europe, Novozymes A/S, Koninklijke DSM NV, and Myriant Corporation.
More on the Report
The Fact.MR's market research report provides in-depth insights into the bio-based platform chemicals market. The market is scrutinized on the basis of type (c3 (glycerol and 3-hydroxypropionic acid), c4 (succinic acid, fumaric acid, malic acid, and aspartic acid), c5 (levulinic acid, glutamic acid, lactonic acid, and xylitol), and c6 (sorbitol, glucaric acid, and 2,5 furan dicarboxylic acid)) and application (plastic formulation, bio-fuel, cosmetics, paints & coatings, solvents, and others), across seven major regions (North America, Europe, East Asia, South Asia, Oceania, Latin America, and Middle East & Africa (MEA).
Press Release: https://www.factmr.com/media-release/1741/global-biobased-platform-chemicals-market
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. We are headquartered in Dubai, and operate from our sales office in Dublin, Ireland. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bio-based Platform Chemicals Market Trends, Opportunities and Phenomenal Growth Prospects TO 2030 | Yeild10 Bioscience Inc., BioAmber Inc., Succinity GmbH, Cargill Inc., Prinova Group LLC here
News-ID: 2242742 • Views: …
More Releases from Fact.MR

Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…

Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…

Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…

Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Platform
Global Process Automation (DPA) Software Market Size, Share and Forecast By Key …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the Market Research Intellect, the global Process Automation (DPA) Software market is projected to grow at a robust compound annual growth rate (CAGR) of 7.55% from 2024 to 2031. Starting with a valuation of 15.06 Billion in 2024, the market is expected to reach approximately 23.31 Billion by 2031, driven by factors such as Process Automation (DPA) Software and Process Automation (DPA) Software. This significant…
Global Smart City Platforms Market Size - By Product Type(Connectivity Managemen …
Smart City Platforms Market Insights: Trends, Drivers, and Outlook 2024 - 2031
Smart City Platforms Market Scope: Unveiling Today's Trends
Smart City Platforms are integrated digital systems designed to enhance urban management and improve the quality of life for residents. The market for these platforms is witnessing significant growth driven by increasing urbanization, government initiatives for smart city developments, and advancements in IoT, big data, and AI technologies. The current market size…
Banking as a Digital Platform Market Exhibits a Stunning Growth | Alkami Platfor …
According to HTF Market Intelligence, the Banking as a Digital Platform market to witness a CAGR of 8.2% during the forecast period (2024-2030).The Latest published a market study on Global Banking as a Digital Platform Market provides an overview of the current market dynamics in the Global Banking as a Digital Platform space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in…
Process Automation (DPA) Software Market 2022 Analysis by Key Players - KiSSFLOW …
Process Automation (DPA) Software Market Scope and Overview
Digital process automation (DPA) software is an emerging market of tools containing features found in many technologies, including a number of process automation and rapid application development software technologies.
The most recent research report provides in-depth analysis of all segments, categories, and regional and national markets studied in the Process Automation (DPA) Software Market study, as well as thorough data on all regional markets.…
Internet of Robotic Things (IoRT) Market Growing Up By Platform: Device Manageme …
Acumen Research and Consulting has announced the addition of the "Internet of Robotic Things (IoRT) Market” report to their offering.
The Internet of Robotic Things (IoRT) Market Report 2018 is an in depth study analyzing the current state of the Internet of Robotic Things (IoRT) Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Internet of Robotic Things…
Process Automation (DPA) Software- A Market Worth Observing Growth | Nintex Plat …
The latest 94+ page survey report on Global Process Automation (DPA) Software Market is released by HTF MI covering various players of the industry selected from global geographies like North America, Europe, China, Japan, Southeast Asia, India & Central & South America. A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors are facing along with gaps and opportunity available and would trend in Process…