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Bio-Based Platform Chemicals Market Global Industry Analysis, Trends, Market Size & Forecasts To 2023


Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

Š Infinium Global Research

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Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

"We have produced a new premium report Bio-Based Platform Chemicals Market. The report covers the analysis of global as well as regional markets of Bio-Based Platform Chemicals. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Bio-Based Platform Chemicals Market by type (Glycerol, 3-Hydroxypropionic Acid, Succinic, Fumaric, Malic & Aspartic Acid, Levulinic, Xylitol), by applications (agriculture, bio fuels, bio plastics, food applications, industrial chemicals, pharmaceuticals) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW. According to the report the Global Bio-Based Platform Chemicals Market is projected to grow at a CAGR of 8% in terms of value over the period of 2017-2023. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Bio-Based Platform Chemicals Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Bio-Based Platform Chemicals Market are Australian Renewable Fuels Limited, BASF AG, BioAmberInc, Royal DSM, Mitsubishi Chemicals, Myriant Technologies LLC, Novamont S.P.A, RaizenEnergiaParticipacoes, Tianjin Green Bio Materials Co. Ltd, and Zhejiang Hisun Biomaterials Co. Ltd." The demand for environmental friendly bio-cleaning applications is expected to grow significantly during the forecast period. Increasing acceptance of bio-based platform chemicals in food and beverages, personal care and pharmaceuticals industries are driving the growth of the bio-based platform chemicals market. The preference showed by consumers for environmental friendly applications made from bio sources is a major factor in the growth of the global bio-based platform chemicals Š Infinium Global Research

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Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

market. The limited reserves of non-renewable resources such as coal, gas, and oil, along with the increasing pollution related to those resources are expected provide boost the growth of the bio chemicals market. Moreover, the stringent government guidelines force many sectors to move towards bio-based platform chemicals over conventional petroleum based chemicals. Unhindered availability of raw materials, adverse weather conditions, price fluctuations of petroleum-based chemicals are the main challenges expected to affect the prospects of major players in the market. Get Sample Copy of this Report @ https://www.infiniumglobalresearch.com/reports/sample-request/46 The Bio-Based Platform Chemicals are Slowly Replacing Petroleum-Derived Chemicals. The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. In North American region, USA is the largest producer of ethanol. Hence, it is expected to build upon the current market share of around ten percentages in the chemicals market and drive the growth of the North American bio-based platform chemicals market. Asia-Pacific region is the largest bio-based platforms chemical market. The increasing demand for citric acid from food and beverages industry in the region is expected to drive the growth of the bio-based platform chemicals market. In Europe, there are serious concerns about the clearing of forests for cultivation of crops for bio-energy. European Union’s industrial policy that favors increase in share of bio-based applications industry up to 20% by 2023 is expected to enhance the growth of the bio-based platform chemicals market in the region. The ethanol production in the Brazil accounts for significant portion of the global ethanol production and it drives the Latin American market. Moreover, the increasing demand for the bio-based © Infinium Global Research

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Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

platform chemicals is expected to drive the Latin American bio-based chemical market. African region is also expected to experience a steady growth in the bio-based platform chemicals market. The emergence of innovative technologies, huge private investments, and partnerships between various chemical companies and agro-companies are keys to the growth of bio-based platform chemicals market. It is a challenge for major players in the market to usurp the dominant petroleum based chemicals, by providing competitive pricing and performance at commercial scale. However, in several industrial sectors, strict environmental friendly guidelines issued by governments provide opportunity for biochemicals companies to expand their capacities and provide reliable alternatives to harmful chemicals. Segments Covered in this Premium Report: The report segments the global bio-based platform chemicals market by type, applications and region. On the basis of type, the market is segmented as C-3 (including Glycerol, 3Hydroxypropionic Acid), C-4 (Succinic, Fumaric, Malic & Aspartic Acid), C-5 (Levulinic, Glutamic &Itaconic Acid, Xylitol), C-6 (Sorbitol, Glucaric Acid) Based on the end user applications, the market is segmented as agriculture, bio fuels, bio plastics, food applications, industrial chemicals, pharmaceuticals and others. Major key Players Covered in this Report The companies covered in the report include Australian Renewable Fuels Limited, BASF AG, BioAmberInc, Royal DSM, Mitsubishi Chemicals, Myriant Technologies LLC, Novamont S.P.A, RaizenEnergiaParticipacoes, Tianjin Green Bio Materials Co. Ltd, and Zhejiang Hisun Biomaterials Co. Ltd.

Š Infinium Global Research

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Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

Report Highlights: The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of bio-based platform chemicals globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of fish oil. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the bio-based platform chemicals market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers, and distributors of the bio-based platform chemicals market to understand the present and future trends in this market and formulate their strategies accordingly.

Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/chemical-material/global-bio-based-platformchemicals-market

Š Infinium Global Research

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Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to  

Increasing acceptance of bio-based platform chemicals in food and beverages, personal care and pharmaceuticals industries are driving the gr...

Bio-Based Platform Chemicals Market: Global Industry Analysis, Trends, Market Size & Forecasts up to  

Increasing acceptance of bio-based platform chemicals in food and beverages, personal care and pharmaceuticals industries are driving the gr...

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