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Renewable Chemicals Market Report 2023 - Market Size, Analysis, Major Drivers And Forecast To 2032 | Archer-Daniels-Midland Company, Amyris Inc., BASF SE, Bioamber Inc., Biomethanol Chemie Nederland B.V
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Renewable Chemicals Market Size, Growth Rate, And Forecast
The global renewable chemicals market size is expected to grow from $94.85 billion in 2022 to $105.95 billion in 2023, at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The renewable chemicals market is expected to reach $165.56 billion in 2027 at a compound annual growth rate (CAGR) of 11.8%.
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Renewable Chemicals Market Drivers
Increasing demand from the automotive industry is expected to propel the growth of the renewable chemicals market. The production of automobiles utilizes biopolymers from renewable sources engineered for automotive applications.
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Renewable Chemicals Market Segments
• By Product Type: Ethanol, Ket*ones, Biopolymers, Platform Chemicals, Other Product Types
• By Feedstocks: Biomass, Corn, Sugarcane, Algae, Other Feedstocks
• By End-Use: Automotive, Medical, Food and Beverages, Petrochemicals, Textiles, Agriculture, Other End-Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Renewable Chemicals market.
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Renewable Chemicals Market Key Players
Major competitors in the renewable chemicals market include Archer-Daniels-Midland Company, Amyris Inc., BASF SE, Bioamber Inc., Biomethanol Chemie Nederland B.V., Braskem SA, Cargill Inc., Corbion N.V.
The Business Research Company's "Global Renewable Chemicals Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Renewable Chemicals Market Include:
1. Executive Summary
2. Renewable Chemicals Market Characteristics
3. Renewable Chemicals Market Trends And Strategies
4. Renewable Chemicals Market - Macro Economic Scenario
5. Renewable Chemicals Market Size And Growth
……
26. Africa Renewable Chemicals Market
27. Renewable Chemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Renewable Chemicals Market
29. Renewable Chemicals Market Future Outlook and Potential Analysis
30. Appendix
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