ResearchMoz presents professional and in-depth study of "Bio-based Platform Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026".
Type of chemicals that can be produced through biomass origin and/or bioprocessing route is varied; examples include platform chemicals such as propane- and butanediols, isoprene, short chain olefins, ethanol, carboxylic acids, amino acids; vitamins; polymers such as xanthan gum and alginate; and the commercially important industrial enzymes used as additives in washing powder.
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Bio-based platform chemicals represent a group of twelve building block chemicals produced from sugar via biological conversions. The group contains molecules with different functional groups, holding the potential to be converted into various other high-value chemicals. The bio-based platform chemicals market has undergone rapid growth since the past few years. Increasing acceptance of bio-based platform chemicals in industries, stringent government guidelines on conventional petroleum-based chemicals, and consumer inclination toward environment-friendly applications are the drivers propelling the demand for bio-based platform chemicals. However, the bio-based platform chemicals market faces certain drawbacks such as the intense competition posed by fossil-fuel products.
In terms of type, the bio-based platform chemicals can be segmented into C-3 (glycerol and 3-hydroxypropionic acid), C-4 (succinic acid, fumaric acid, malic acid, and aspartic acid), C-5 (levulinic acid, glutamic acid, itaconic acid, and xylitol), and C-6 (sorbitol, glucaric acid, and 2,5-furan dicarboxylic acid). The C-3 platform chemicals segment is expected to account for the leading share of the bio-based platform chemicals market during the forecast period. This can be ascribed to the growth in end-user industries such as plastic, construction, and paints & coatings. Furthermore, the volume growth of the market is fueled by the increasing production of bio-diesel as C-3 chemicals are the resultant byproduct of bio-diesel.
Based on application, the bio-based platform chemicals market can be divided into agriculture, bio-plastics, bio-fuels, industrial chemicals, pharmaceuticals, and others. The bio-plastic segment is estimated to account for a significant market share during the forecast period. The major application area of this compound is in biodegradable plastics that are suitable for manufacturing of packaging products. Additionally, the attractive applications of bio-based succinic acid in the non-woven and fiber textile and automotive industries due to its lightweight and stability; food and beverages; polyurethane; coatings & pigments; and pharmaceuticals industries are expected to promote the growth of the global bio-based platform chemicals market during the forecast period.
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In terms of region, the bio-based platform chemicals market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is projected to dominate the bio-based platform chemicals market during the forecast period. The dominance of APAC in the global bio-based platform chemicals market can be attributed to the rising concerns regarding sustainability and effects of petroleum-based synthetic chemicals. Also, the expansion of the manufacturing industry in countries such as Japan, China, and India is supplementing the growth of the bio-based platform chemicals market in the region. Europe and North America contribute significantly in the overall bio-based platform chemicals market. Latin America and Middle East & Africa also account for significant market shares. This can be ascribed to the increase in demand for bio-based platform chemicals from end-use industries in these regions. The bio-based platform chemicals market is expanding, with production expected to increase by double during the forecast period. Several factors such as high oil prices, government mandates and support, and consumer preferences are driving the demand for bio-based platform chemicals.
Companies have started investing in the innovation and development of bio-based platform chemicals. Prominent players operating in this market include BASF, Cargill Incorporated, Royal DSM, INNEOS, BioAmber Inc., Myriant Technologies LLC, Braskem, Lucite International Group, Itaconix Corporation, and Alpha Chemika.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Browse Report @ https://www.researchmoz.us/biobased-platform-chemicals-market-global-industry-analysis-size-share-growth-trends-and-forecast-2018-2026-report.html
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/
Type of chemicals that can be produced through biomass origin and/or bioprocessing route is varied; examples include platform chemicals such as propane- and butanediols, isoprene, short chain olefins, ethanol, carboxylic acids, amino acids; vitamins; polymers such as xanthan gum and alginate; and the commercially important industrial enzymes used as additives in washing powder.
Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1873878
Bio-based platform chemicals represent a group of twelve building block chemicals produced from sugar via biological conversions. The group contains molecules with different functional groups, holding the potential to be converted into various other high-value chemicals. The bio-based platform chemicals market has undergone rapid growth since the past few years. Increasing acceptance of bio-based platform chemicals in industries, stringent government guidelines on conventional petroleum-based chemicals, and consumer inclination toward environment-friendly applications are the drivers propelling the demand for bio-based platform chemicals. However, the bio-based platform chemicals market faces certain drawbacks such as the intense competition posed by fossil-fuel products.
In terms of type, the bio-based platform chemicals can be segmented into C-3 (glycerol and 3-hydroxypropionic acid), C-4 (succinic acid, fumaric acid, malic acid, and aspartic acid), C-5 (levulinic acid, glutamic acid, itaconic acid, and xylitol), and C-6 (sorbitol, glucaric acid, and 2,5-furan dicarboxylic acid). The C-3 platform chemicals segment is expected to account for the leading share of the bio-based platform chemicals market during the forecast period. This can be ascribed to the growth in end-user industries such as plastic, construction, and paints & coatings. Furthermore, the volume growth of the market is fueled by the increasing production of bio-diesel as C-3 chemicals are the resultant byproduct of bio-diesel.
Based on application, the bio-based platform chemicals market can be divided into agriculture, bio-plastics, bio-fuels, industrial chemicals, pharmaceuticals, and others. The bio-plastic segment is estimated to account for a significant market share during the forecast period. The major application area of this compound is in biodegradable plastics that are suitable for manufacturing of packaging products. Additionally, the attractive applications of bio-based succinic acid in the non-woven and fiber textile and automotive industries due to its lightweight and stability; food and beverages; polyurethane; coatings & pigments; and pharmaceuticals industries are expected to promote the growth of the global bio-based platform chemicals market during the forecast period.
Make An Enquiry About TOC with tables & Figures @ https://www.researchmoz.us/enquiry.php?type=E&repid=1873878
In terms of region, the bio-based platform chemicals market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is projected to dominate the bio-based platform chemicals market during the forecast period. The dominance of APAC in the global bio-based platform chemicals market can be attributed to the rising concerns regarding sustainability and effects of petroleum-based synthetic chemicals. Also, the expansion of the manufacturing industry in countries such as Japan, China, and India is supplementing the growth of the bio-based platform chemicals market in the region. Europe and North America contribute significantly in the overall bio-based platform chemicals market. Latin America and Middle East & Africa also account for significant market shares. This can be ascribed to the increase in demand for bio-based platform chemicals from end-use industries in these regions. The bio-based platform chemicals market is expanding, with production expected to increase by double during the forecast period. Several factors such as high oil prices, government mandates and support, and consumer preferences are driving the demand for bio-based platform chemicals.
Companies have started investing in the innovation and development of bio-based platform chemicals. Prominent players operating in this market include BASF, Cargill Incorporated, Royal DSM, INNEOS, BioAmber Inc., Myriant Technologies LLC, Braskem, Lucite International Group, Itaconix Corporation, and Alpha Chemika.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Browse Report @ https://www.researchmoz.us/biobased-platform-chemicals-market-global-industry-analysis-size-share-growth-trends-and-forecast-2018-2026-report.html
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/
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