Global Bio-Renewable Chemicals Market is expected to reach $17,228.62 million by 2027 growing at a CAGR 14.0% during 2018 to 2027.

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Some of the key players profiled in the Bio-Renewable Chemicals Market include BASF SE, BioAmber, DuPont, Elevance, Gevo, Lanza Tech, Myriant, Solazyme, Solvay and ZeaChem.

Gaithersburg, Maryland, United States – April 25, 2020 /MarketersMedia/

Rise in impetus on environmentally-friendly products and depleting oil resources across the globe are the major factors driving the market growth. However, lack of awareness about these chemicals is restraining the market growth.

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The bio renewable chemical is a concept of “green chemistry”, which utilizes natural renewable source of energy to create certain chemicals. This manufacturing provides organizations with carbon benefits, environment sustainability and diversification choices which will open up new opportunities for them in the market. Now a days, organizations and governments across the globe are emphasizing on environmentally friendly business. Also, the shortage of non-renewable resources additionally attracts stakeholders towards these chemicals.

Based on product, the succinic acid segment is likely to have a huge demand due to its increasing demand as the main ingredient for pigment and coating in planting and pharmaceutical industry.

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By geography, North America is going to have a lucrative growth during the forecast period due to the presence of stringent rules about the use of petroleum-based chemicals which will positively contribute to the market growth.

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Products Covered:
• Glycerin
• Lactic acid
• Succinic acid

Applications Covered:
• Bio-Solvents
• Bio-Plastic
• Bio-Cleaners & Detergents

End Users Covered:
• Industrial and Domestic Cleaners
• Paints & Coatings
• Personal Care Products
• Pharmaceutical
• Printing Inks

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-bio-renewable-chemicals-market-is-expected-to-reach-1722862-million-by-2027-growing-at-a-cagr-140-during-2018-to-2027/88955129

Source: MarketersMedia

Release ID: 88955129

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