Press release
Green Chemicals Market Surges as Industries Embrace Eco-Friendly Innovations for a Sustainable Future 2025 | Top key players - BASF SE, DSM NV, DuPont.
The Global Green Chemicals Market reached US$ 105.5 billion in 2023 and is expected to reach US$ 188.2 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.The Green Chemicals Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Green Chemicals Market refers to the industry focused on the development, production, and use of chemicals that are environmentally friendly, sustainable, and derived from renewable sources. These chemicals aim to reduce harmful emissions, minimize toxic waste, and promote energy efficiency across industries such as agriculture, packaging, and manufacturing, aligning with global goals for sustainable development and environmental protection.
Major players in the Green Chemicals Market
The prominent players in Green Chemicals market research report are: BASF SE, DSM NV, DuPont, Evonik Industries AG, Mitsubishi Chemical Holdings Corporation, Braskem SA, Albemarle Corporation, Aemetis, Inc., Cargill Incorporated and SECOS Group Ltd.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In January 2024, India's state-owned power company NTPC signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL) to jointly develop a bio-based refinery. The facility will focus on producing bioethanol from bamboo feedstock, supporting India's push toward renewable energy and sustainable fuel alternatives.
In October 2023, U.S.-based chemical manufacturer Solugen announced it had received regulatory approvals for the construction of Bioforge, the company's new green chemical production facility. The plant represents a major step forward in sustainable chemical manufacturing, utilizing bio-based processes to replace traditional fossil fuel-derived inputs.
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Market Segments
By Product: Bio-Alcohols, Bio-organic Acids, Bio-Polymers, Others.
By Application: Pharmaceuticals, Packaging, Food & Beverage, Construction, Automotive, Industrial & Chemical, Others.
The Green Chemicals industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Green Chemicals Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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