Infinium Global Research has added a new report on Bio-Based Platform Chemicals Market. The report predicts the market size of Bio-Based Platform Chemicals is expected to reach 8% and 9% billion by 2023.
The report covers the analysis of global as well as regional markets of Bio-Based Platform Chemicals. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run.
The size of the global Bio-Based Platform Chemicals market is projected to grow with a CAGR between 8% and 9% from 2017 to 2023. Bio-Based Platform Chemicals are produced in bio refineries, which convert biomass to fuels, heat, power, and other value added chemicals, by various biomass conversion processes. Biogas feed stocks derive from algal and plant materials. Cornstarch, crop residues, grass crops, sugarcane bagasse, residues of aqua culture and forestry wastes, and woody plants are some of the major bio feed stocks. Intermediate chemicals and platform chemicals derived from feedstocks of biomass are Bio-Based Platform Chemicals. Bio enzymes, bio fertilizers, bio PE, bio PET, biodegradable polyesters, cellulose fibres, cellulose derivatives, citric acid, ethanol, fatty acids, non-food starch, and tall oil are some of the major Bio-Based Platform Chemicals. Ethanol is the most commercially produced bio- based chemical. Platform chemicals are the fastest growing segment among the global Bio-Based Platform Chemicals market. Glycerol, 3-hydroxypropionic acid, aspartic acid, glutamic acid, itanconic acid, sorbitol and glucaric acid are the major C3, C4, C5, C6 bio based platform chemicals. The production capacities for bio-plastics are expected to grow significantly during the forecast period. Bio-pet and bio PE accounts for more than 50% of the bio based polymers produced globally.
- Australian Renewable Fuels Limited
- BASF AG
- BioAmber Inc
- Royal DSM
- Mitsubishi Chemicals
- Myriant Technologies LLC
- Novamont S.P.A
- Raizen Energia Participacoes
- Tianjin Green Bio Materials Co. Ltd
- Zhejiang Hisun Biomaterials Co. Ltd
Key Topics Covered:
- Executive Summary
- Global Bio-Based platform Chemicals Market Overview
- Global Bio-Based platform chemicals Market Analysis, by Type 2014 – 2023
- Global Bio-Based platform chemicals Market Analysis, by Applications 2014 – 2023
- Global Bio-Based platform Chemicals Market Analysis, by Region 2014 – 2023
- Company Profiles