Press release
Renewable Chemicals Market Report : By Size, Trends And Forecast 2023-2032 | Amyris Inc., BASF SE, Bioamber Inc., Braskem SA, Cargill Inc.
Renewable Chemicals Market Trends
The Business Research Company's Renewable Chemicals Global Market Report 2023 identifies increasing demand from the automotive industry as the major driver for the Renewable Chemicals market's growth in the forecast period. The production of automobiles utilizes biopolymers from renewable sources engineered for automotive applications. For instance, according to May 2022 data from the Society of Indian Automobile Manufacturers (SIAM), an India-based non-profit organization representing automobile manufacturers, the production of automobiles has increased in the last two years, with total production increasing from 22,655,609 units in 2020-21 to 22,933,230 units in 2021-22. According to a May 2022 report by the China Association of Automobile Manufacturers, a China-based non-profit social organization, automobile sales in China grew to 27.5 million in 2022, up 5.4%.
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%.
Download Free Sample Of Renewable Chemicals Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7906&type=smp
Major competitors in the Renewable Chemicals market are Archer-Daniels-Midland Company, Amyris Inc., BASF SE, Bioamber Inc., Biomethanol Chemie Nederland B.V., Braskem SA, Cargill Inc., Corbion N.V., Evonik Industries AG, Genomatica Inc., Koninklijke DSM N.V., Metabolix Inc., Verenium Corporation, Beta Renewables SpA, and Braskem SA.
A key trend in the renewable chemicals market includes product innovation. Major companies operating in the renewable chemicals market are focused on technological advancements to strengthen their position in the market. For instance, in March 2022, Evonik Industries, a Germany-based specialty chemicals company, launched sustainable isophorone products made from 100% renewable acetone. The company offers products with a significantly lower CO2 footprint across all stages. The new products in the eCO Grades range are designed to be used as sustainable raw materials for paints, lacquers, binders, and interiors in the automobile industry.
Read More On The Global Renewable Chemicals Market Report Here:
https://www.thebusinessresearchcompany.com/report/renewable-chemicals-global-market-report
The Renewable Chemicals market is segmented -
By Product Type: Ethanol, 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.
The Business Research Company's "Global Renewable Chemicals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Renewable Chemicals Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7906
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
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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 Renewable Chemicals Market Report : By Size, Trends And Forecast 2023-2032 | Amyris Inc., BASF SE, Bioamber Inc., Braskem SA, Cargill Inc. here
News-ID: 3130044 • Views: …
More Releases from The Business research company
Global WebAssembly Cloud Platform Market Forecasted to Expand at 33.3% CAGR Thro …
What Market Value Will the WebAssembly Cloud Platform Industry Achieve by 2025?
The valuation of the WebAssembly cloud platform sector has expanded dramatically over the last few years, projecting an increase from $1.36 billion in 2024 to $1.82 billion in 2025, reflecting a substantial compound annual growth rate of 33.6%; this upward trajectory during the past period stemmed from several factors, including a notable shift away from traditional containerization toward wasm-centric…
Booming Construction Activity Drives Growth of the Voice Gender Conversion Artif …
What Will the Voice Gender Conversion Artificial Intelligence (AI) Market Size Reach by 2025?
The sphere of artificial intelligence dedicated to voice gender conversion has witnessed remarkable, rapid expansion lately, projected to ascend from a valuation of $1.06 billion in 2024 to $1.33 billion the following year, exhibiting a compound annual growth rate of 25.5%. This historical upward trajectory is fueled significantly by the wider integration of AI within the media…
Future of the Vertical Video Templates Marketplaces Market: Key Innovations and …
What Market Value Will the Vertical Video Templates Marketplaces Industry Achieve by 2025?
The market for vertical video templates has experienced substantial expansion lately, projected to move from a valuation of $1.24 billion in the year 2024 to reach $1.45 billion by 2025, reflecting a compound annual growth rate (CAGR) of 16.7%. This historical upward trajectory is primarily fueled by several key factors: a widespread embrace of brief video formats, the…
Global Vector Index Freshness Management Market Expected to Grow at 22.5% CAGR, …
What Will the Vector Index Freshness Management Market Size Reach by 2025?
The market valuation for vector index freshness management has experienced rapid expansion lately, escalating from a figure of $1.35 billion in 2024 to an anticipated $1.65 billion just one year later in 2025, reflecting a compound annual growth rate (CAGR) of 22.8%; this substantial historical uplift is primarily fueled by the amplified deployment of large language models, heightened attention…
More Releases for Renewable
Role Of Renewable Energy Certificates In Facilitating Renewable Energy Consumpti …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
How Large Will the Renewable Energy Certificates Market Size By 2025?
In the past few years, the renewable energy certificates market has witnessed a significant enlargement in its size. This market is projected to expand from $17.63 billion in 2024 to $22.73 billion in 2025, demonstrating a compound annual…
Israel Renewable Energy Market Size, Share Projections 2031 by Key Manufacturer- …
USA, New Jersey: According to Verified Market Research analysis, the global Israel Renewable Energy Market size was valued at USD 187.2 Million in 2024 and is projected to reach USD 1633.53 Million by 2032, growing at a CAGR of 31.1% from 2026 to 2032.
What is the current outlook of the Israel renewable energy market and what are the key growth drivers?
Israel's renewable energy market is undergoing rapid transformation. As of…
Key Trend Reshaping the Renewable Energy Storage Market in 2025: Advancements In …
"What combination of drivers is leading to accelerated growth in the renewable energy storage market?
The renewable energy storage market is anticipated to experience growth driven by the increasing investments in the energy sector. In simple terms, investing in this sector is the allocation of financial resources such as capital, funds, or assets to endeavors, projects or assets connected to the production, distribution, and use of energy. This is spurred by…
Prominent Renewable Energy Investment Market Trend for 2025: Advancements In Ren …
What Are the Projected Growth and Market Size Trends for the Renewable Energy Investment Market?
The renewable energy investment market has seen significant growth in recent years. It will rise from $309.77 billion in 2024 to $344.5 billion in 2025, at a CAGR of 11.2%. The growth is driven by public awareness of climate change, the declining costs of renewable technologies, policy incentives and mandates, concerns about energy security, and corporate…
Increasing Availability of Renewable Methanol Essential for the Global Renewable …
According to a new market research report launched by Inkwood Research, the Global Renewable Methanol Market is progressing with a CAGR of 3.82% in terms of revenue and 2.55% in terms of volume from 2022 to 2030 and is set to generate a revenue of $4119.94 million by 2030.
Browse 64 Market Data Tables and 44 Figures spread over 229 Pages, along with an in-depth analysis of the Global Renewable Methanol…
Global Renewable Chemicals Market | Global Renewable Chemicals Market: Ken Resea …
Renewable chemicals, also well-known as bio-based chemicals are generated from natural and bio-based raw materials. They are attained from the agricultural feedstock, agricultural waste, organic waste products, biomass, and microorganisms. Renewable chemicals have appeared as potential substitutes for petroleum-based chemicals as they propose fewer carbon footprints and are eco-friendly. Some of the commonly utilized renewable chemicals comprise polymeric (lignin, hemicellulose, cellulose, starch, protein) and monomeric (carbohydrates, oils, plant extractives,…
