Biobased Ester Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Biobased Ester Market Size and Growth
The global biobased ester market is projected to experience significant growth due to rising consumer demand for eco-friendly products. Market size is estimated at $1.2 billion in 2021 and is expected to reach $1.8 billion by 2026, with key players focusing on expanding their product portfolios to meet growing market demand.
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Companies Covered (Covid 19 Impact Covered)
◍ Cargill Inc.
◍ Arkema Inc.
◍ BASF SE
◍ Vertec Bio-Solvents
◍ Solvay
◍ Huntsman Corporation
◍ Bioamber S.A.S.
◍ Spak Orgochem
◍ Mangalam Organic Ltd.
◍ Ester Industries Ltd.
◍ Esters and Solvents LLP
◍ ChemCeed
◍ Palmer Holland Inc.
◍ The Chemical Co.
◍ Kowa American Corp.
◍ Allan Chemical Corp.
The competitive landscape of the Biobased Ester Market includes key players like Cargill Inc., Arkema Inc., BASF SE, Vertec Bio-Solvents, Solvay, Huntsman Corporation, Bioamber S.A.S., Spak Orgochem, Mangalam Organic Ltd., and Esters Industries Ltd. These companies utilize biobased esters to produce sustainable products and contribute to the growth of the market.
- Cargill Inc. reported sales revenue of $114.7 billion in 2020.
- BASF SE reported sales revenue of $66.6 billion in 2020.
- Huntsman Corporation reported sales revenue of $6.3 billion in 2020.
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