Press release
Low-Carbon Chemicals Market to Reach US$ 147.2 Billion by 2035 Amid Sustainability Push
The global low-carbon chemicals market is poised for significant expansion, with market value expected to rise from US $78.9 billion in 2024 to US $147.2 billion by 2035. This growth reflects a strong compound annual growth rate (CAGR) of 5.8%, driven by increasing demand for sustainable chemical solutions and mounting regulatory pressure to reduce emissions across industries.The market is estimated to reach US $83.5 billion in 2025. Among chemical types, bio-based chemicals are expected to gain notable traction, contributing an additional US $24.3 billion between 2025 and 2035. Their growing adoption is being propelled by advances in biomass processing and favorable policies promoting green chemistry.
These chemicals are being used in several industries from construction to consumer goods-and they reduce carbon footprint without losing any performance. There has been incredible innovation in production processes in the chemical industry, which includes bio-based processes, carbon capture utilization, and renewable energy integration.
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Key Takeaways from Market Study:
The global low-carbon chemicals market is valued at US$ 78.9 billion in 2024.
The market is projected to reach US$ 147.2 billion by 2035.
The market is expected to grow at a CAGR of 5.8% during the forecast period.
The market is estimated to be worth US$ 83.5 billion in 2025.
Bio-based chemicals account for 38.8% market share in 2025
Revenue from bio-based chemicals is projected to reach US$ 32.4 billion in 2025.
Construction materials segment holds around 28-30% share in 2025.
Construction materials market value is estimated at US$ 21.1 billion in 2025.
North America holds a 29.9% share of global market in 2025.
North America market value is around US$ 25 billion in 2025.
Leading Players Driving Innovation in the Low Carbon Chemicals Market:
Prominent players in the market are BASF SE, SABIC and Dow, Inc. among others.
Low Carbon Chemicals Market News:
In March 2024, BASF SE launched a new line of bio-based polyols for building construction, with a carbon footprint cut by as much as 40% from traditional counterparts. The innovation involved rigorous testing and certification procedures, whereby the products exhibited performance on par with conventional ones.
Evonik Industries Acquired in July 2023 a niche biotechnology firm specializing in enzymatic processes for chemical manufacturing, further consolidating their position in low-carbon chemical production.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global low carbon chemicals market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.
The low carbon chemicals market is segmented by chemical type into bio-based chemicals, recycled carbon chemicals, and green hydrogen-derived chemicals.
By application, it includes agriculture, packaging, construction, and automotive. Production technologies comprise carbon capture and utilization (CCU), renewable feedstock processing, and green chemistry routes.
Key end-use industries are construction materials, automotive & transportation, packaging, agriculture, and energy. Regionally, the market is divided into North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa.
Check out More Related Studies Published by Fact.MR Research:
Carbon Capture Chemicals Market - https://www.factmr.com/report/carbon-capture-chemicals-market
Renewable Chemicals Market - https://www.factmr.com/report/renewable-chemicals-market
Low-Carbon Fertilizers Market - https://www.factmr.com/report/low-carbon-fertilizers-market
Industrial Carbon Dioxide Market - https://www.factmr.com/report/industrial-carbon-dioxide-market
Low-Carbon Lab Products Market - https://www.factmr.com/report/low-carbon-lab-products-market
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