Bio-Based Platform Chemicals Market – Global Industry Analysis and Forecast (2024-2030) – by Type and Geography

The Bio-Based Platform Chemicals Market size was valued at USD 11.43 Billion in 2023 and the total Bio-Based Platform Chemicals revenue is expected to grow at a CAGR of 12.65% from 2024 to 2030, reaching nearly USD 26.31 Billion. The report analyzes factors affecting bio-based platform chemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The global market for bio-based platform chemicals market has witnessed significant evolution over the past few years owing to an increase in demand in the face of raised demand from industries, rising regulations on the use of conventional petroleum-derived chemicals, and the increase in inclination of consumers on environment-friendly products. Bio-Based Platform Chemicals Market 2024-2030To know about the Research Methodology:-Request Free Sample Report However, the high popularity and well-rooted application areas of fossil-fuel products continue to challenge the growth prospects of the market to a certain degree. Nevertheless, encouraging government reforms and attempts made for rising awareness among consumers could help companies operating in the global bio-based platform chemicals market gain traction. Also, the report will provide an accurate prediction of the contribution of the various products segment to the growth of the bio-based platform chemicals market size. Based on the type, C-3 chemicals accounted for the highest consumption in 2019, owing to its unique property of getting converted into various other useful chemicals such as alcohols, acids, and resins. C-5 chemicals form the second most significant group in the bio-based chemicals market with glutamic acid as a major contributor apart from levulinic acid, itaconic acid, and xylitol.

Global Bio-Based Platform Chemicals Market Regional Analysis:

Region-wise, North America is the largest regional market for global bio-based platform chemicals market, Asia-Pacific is also an equally important market as it represents the second largest and region market with highest growth rate during the forecast period. The market in Latin America will be chiefly driven by the increase in prices of raw materials required for the production of petroleum-based chemicals, raised numbers of reforms, and increased awareness among consumers. European government’s emphasis on the development of the bio-based sector along with many strategies and policies to achieve sustainable economic growth is expected to foster the product demand in the region. Commission Expert Group for bio-based products, European Innovation Partnerships (EIP), Circular Economy Package, and flagship initiative under Europe 2020 strategy are some of the major factors contributing to the regional market growth. The objective of the report is to present a comprehensive analysis of the Global Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Bio-Based Platform Chemicals Market dynamics, structure by analyzing the market segments and project the Global Bio-Based Platform Chemicals Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global BMarket make the report investor’s guide.

Global Bio-Based Platform Chemicals Market, Key Highlights:

Global Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Market Global Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Market are also profiled.

The Scope of the Global bio-based Platform Chemicals Market: Inquire before buying

Global bio-based Platform Chemicals Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 11.43 Bn.
Forecast Period 2024 to 2030 CAGR: 12.65% Market Size in 2030: USD 26.31 Bn.
Segments Covered: by Type C-3 C-4 C-5 C-6

Global Bio-Based Platform Chemicals Market, by Region

North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Bio-Based Platform Chemicals Market, Key Players

1.Myriant Technologies LLC 2.BASF 3.Itaconix Corporation 4.Cargill Incorporated 5.Lucite International Group 6.Royal DSM 7.BioAmber Inc. 8.INNEOS 9.Alpha Chemika 10.Braskem 11.Aktin Chemicals Inc. 12.Braskem 13.DowDuPont 14.Evonik Industries AG 15.GF Biochemicals 16.Kawasaki Kasei Chemicals 17.Koninklijke DSM N.V. 18.LyondellBasell Chemicals 19.Mitsui Chemicals 20.Nippon Shokubai Co. Ltd. 21.Novozymes 22.PTT Global Chemical Public Company 23.Qingdao Kehai Biochemistry Co. Ltd. 24.Tokyo Chemical Industry Co. Ltd 25.Yantai shanshui chemical technology Co. Ltd. 26.Yield10Bioscience Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Bio-Based Platform Chemicals Market? Ans: North America region held the highest share in 2023. 2. What was the Global Bio-Based Platform Chemicals Market size in 2023? Ans: The Global Bio-Based Platform Chemicals Market size was USD 11.43 Billion in 2023. 3. What is scope of the Global Bio-Based Platform Chemicals Market report? Ans: Global Bio-Based Platform Chemicals  Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Market? Ans: The important key players in the Global Market are – Myriant Technologies LLC, BASF, Itaconix Corporation, Cargill Incorporated, Lucite International Group, Royal DSM, BioAmber Inc., INNEOS, Alpha Chemika, Braskem, Aktin Chemicals Inc., Braskem, DowDuPont, Evonik Industries AG, GF Biochemicals, Kawasaki Kasei Chemicals, Koninklijke DSM N.V., LyondellBasell Chemicals, Mitsui Chemicals, Nippon Shokubai Co. Ltd., Novozymes, PTT Global Chemical Public Company, Qingdao Kehai Biochemistry Co. Ltd., Tokyo Chemical Industry Co. Ltd, Yantai shanshui chemical technology Co. Ltd., Yield10Bioscience Inc. 5. What is the study period of this Market? Ans: The Global Bio-Based Platform Chemicals Market is studied from 2023 to 2030.

Global Bio-Based Platform Chemicals Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Bio-Based Platform Chemicals Market Size, by Market Value (US$ Bn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 4.3.7.Global Bio-Based Platform Chemicals Market Key Trends 5. Global Bio-Based Platform Chemicals Market Analysis and Forecast 5.1. Global Bio-Based Platform Chemicals Market Analysis and Forecast 5.2. Global Bio-Based Platform Chemicals Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Bio-Based Platform Chemicals Market Analysis and Forecast, by Type 6.1. Introduction and Definition 6.2. Global Bio-Based Platform Chemicals Market Value Share Analysis, by Type 6.3. Global Bio-Based Platform Chemicals Market Size (US$ Bn) Forecast, by Type 6.4. Global Bio-Based Platform Chemicals Market Analysis, by Type 6.5. Global Bio-Based Platform Chemicals Market Attractiveness Analysis, by Type 7. Global Bio-Based Platform Chemicals Market Analysis, by Region 7.1. Global Bio-Based Platform Chemicals Market Value Share Analysis, by Region 7.2. Global Bio-Based Platform Chemicals Market Size (US$ Bn) Forecast, by Region 7.3. Global Bio-Based Platform Chemicals Market Attractiveness Analysis, by Region 8. North America Bio-Based Platform Chemicals Market Analysis 8.1. Key Findings 8.2. North America Bio-Based Platform Chemicals Market Overview 8.3. North America Bio-Based Platform Chemicals Market Value Share Analysis, by Type 8.4. North America Bio-Based Platform Chemicals Market Forecast, by Type 8.4.1. C-3 8.4.2. C-4 8.4.3. C-5 8.4.4. C-6 8.5. North America Bio-Based Platform Chemicals Market Value Share Analysis, by Country 8.6. North America Bio-Based Platform Chemicals Market Forecast, by Country 8.6.1. U.S. 8.6.2. Canada 8.7. North America Bio-Based Platform Chemicals Market Analysis, by Country 8.8. U.S. Bio-Based Platform Chemicals Market Forecast, by Type 8.8.1. C-3 8.8.2. C-4 8.8.3. C-5 8.8.4. C-6 8.9. Canada Bio-Based Platform Chemicals Market Forecast, by Type 8.9.1. C-3 8.9.2. C-4 8.9.3. C-5 8.9.4. C-6 8.10. North America Bio-Based Platform Chemicals Market Attractiveness Analysis 8.10.1. By Type 8.11. PEST Analysis 9. Europe Bio-Based Platform Chemicals Market Analysis 9.1. Key Findings 9.2. Europe Bio-Based Platform Chemicals Market Overview 9.3. Europe Bio-Based Platform Chemicals Market Value Share Analysis, by Type 9.4. Europe Bio-Based Platform Chemicals Market Forecast, by Type 9.4.1. C-3 9.4.2. C-4 9.4.3. C-5 9.4.4. C-6 9.5. Europe Bio-Based Platform Chemicals Market Value Share Analysis, by Country 9.6. Europe Bio-Based Platform Chemicals Market Forecast, by Country 9.6.1. Germany 9.6.2. U.K. 9.6.3. France 9.6.4. Italy 9.6.5. Spain 9.6.6. Rest of Europe 9.7. Europe Bio-Based Platform Chemicals Market Analysis, by Country/ Sub-region 9.8. Germany Bio-Based Platform Chemicals Market Forecast, by Type 9.8.1. C-3 9.8.2. C-4 9.8.3. C-5 9.8.4. C-6 9.9. U.K. Bio-Based Platform Chemicals Market Forecast, by Type 9.9.1. C-3 9.9.2. C-4 9.9.3. C-5 9.9.4. C-6 9.10. France Bio-Based Platform Chemicals Market Forecast, by Type 9.10.1. C-3 9.10.2. C-4 9.10.3. C-5 9.10.4. C-6 9.11. Italy Bio-Based Platform Chemicals Market Forecast, by Type 9.11.1. C-3 9.11.2. C-4 9.11.3. C-5 9.11.4. C-6 9.11.5. Manufacturing 9.11.6. Others 9.12. Spain Bio-Based Platform Chemicals Market Forecast, by Type 9.12.1. C-3 9.12.2. C-4 9.12.3. C-5 9.12.4. C-6 9.13. Rest of Europe Bio-Based Platform Chemicals Market Forecast, by Type 9.13.1. C-3 9.13.2. C-4 9.13.3. C-5 9.13.4. C-6 9.14. Europe Bio-Based Platform Chemicals Market Attractiveness Analysis 9.14.1. By Type 9.15. PEST Analysis 10. Asia Pacific Bio-Based Platform Chemicals Market Analysis 10.1. Key Findings 10.2. Asia Pacific Bio-Based Platform Chemicals Market Overview 10.3. Asia Pacific Bio-Based Platform Chemicals Market Value Share Analysis, by Type 10.4. Asia Pacific Bio-Based Platform Chemicals Market Forecast, by Type 10.4.1. C-3 10.4.2. C-4 10.4.3. C-5 10.4.4. C-6 10.5. Asia Pacific Bio-Based Platform Chemicals Market Value Share Analysis, by Country 10.6. Asia Pacific Bio-Based Platform Chemicals Market Forecast, by Country 10.6.1. China 10.6.2. India 10.6.3. Japan 10.6.4. ASEAN 10.6.5. Rest of Asia Pacific 10.7. Asia Pacific Bio-Based Platform Chemicals Market Analysis, by Country/ Sub-region 10.8. China Bio-Based Platform Chemicals Market Forecast, by Type 10.8.1. C-3 10.8.2. C-4 10.8.3. C-5 10.8.4. C-6 10.9. India Bio-Based Platform Chemicals Market Forecast, by Type 10.9.1. C-3 10.9.2. C-4 10.9.3. C-5 10.9.4. C-6 10.10. Japan Bio-Based Platform Chemicals Market Forecast, by Type 10.10.1. C-3 10.10.2. C-4 10.10.3. C-5 10.10.4. C-6 10.11. ASEAN Bio-Based Platform Chemicals Market Forecast, by Type 10.11.1. C-3 10.11.2. C-4 10.11.3. C-5 10.11.4. C-6 10.12. Rest of Asia Pacific Bio-Based Platform Chemicals Market Forecast, by Type 10.12.1. C-3 10.12.2. C-4 10.12.3. C-5 10.12.4. C-6 10.13. Asia Pacific Bio-Based Platform Chemicals Market Attractiveness Analysis 10.13.1. By Type 10.14. PEST Analysis 11. Middle East & Africa Bio-Based Platform Chemicals Market Analysis 11.1. Key Findings 11.2. Middle East & Africa Bio-Based Platform Chemicals Market Overview 11.3. Middle East & Africa Bio-Based Platform Chemicals Market Value Share Analysis, by Type 11.4. Middle East & Africa Bio-Based Platform Chemicals Market Forecast, by Type 11.4.1. C-3 11.4.2. C-4 11.4.3. C-5 11.4.4. C-6 11.5. Middle East & Africa Bio-Based Platform Chemicals Market Value Share Analysis, by Country 11.6. Middle East & Africa Bio-Based Platform Chemicals Market Forecast, by Country 11.6.1. GCC 11.6.2. South Africa 11.6.3. Rest of Middle East & Africa 11.7. Middle East & Africa Bio-Based Platform Chemicals Market Analysis, by Country/ Sub-region 11.8. GCC Bio-Based Platform Chemicals Market Forecast, by Type 11.8.1. C-3 11.8.2. C-4 11.8.3. C-5 11.8.4. C-6 11.9. South Africa Bio-Based Platform Chemicals Market Forecast, by Type 11.9.1. C-3 11.9.2. C-4 11.9.3. C-5 11.9.4. C-6 11.10. Rest of Middle East & Africa Bio-Based Platform Chemicals Market Forecast, by Type 11.10.1. C-3 11.10.2. C-4 11.10.3. C-5 11.10.4. C-6 11.11. Middle East & Africa Bio-Based Platform Chemicals Market Attractiveness Analysis 11.11.1. By Type 11.12. PEST Analysis 12. Latin America Bio-Based Platform Chemicals Market Analysis 12.1. Key Findings 12.2. Latin America Bio-Based Platform Chemicals Market Overview 12.3. Latin America Bio-Based Platform Chemicals Market Value Share Analysis, by Type 12.4. Latin America Bio-Based Platform Chemicals Market Forecast, by Type 12.4.1. C-3 12.4.2. C-4 12.4.3. C-5 12.4.4. C-6 12.5. Latin America Bio-Based Platform Chemicals Market Value Share Analysis, by Country 12.6. Latin America Bio-Based Platform Chemicals Market Forecast, by Country 12.6.1. Brazil 12.6.2. Mexico 12.6.3. Rest of Latin America 12.7. Latin America Bio-Based Platform Chemicals Market Analysis, by Country/ Sub-region 12.8. Brazil Bio-Based Platform Chemicals Market Forecast, by Type 12.8.1. C-3 12.8.2. C-4 12.8.3. C-5 12.8.4. C-6 12.9. Mexico Bio-Based Platform Chemicals Market Forecast, by Type 12.9.1. C-3 12.9.2. C-4 12.9.3. C-5 12.9.4. C-6 12.10. Rest of Latin America Bio-Based Platform Chemicals Market Forecast, by Type 12.10.1. C-3 12.10.2. C-4 12.10.3. C-5 12.10.4. C-6 12.11. Latin America Bio-Based Platform Chemicals Market Attractiveness Analysis 12.11.1. By Type 12.12. PEST Analysis 13. Company Profiles 13.1. Market Share Analysis, by Company 13.2. Competition Matrix 13.3. Company Profiles: Key Players 13.3.1. Myriant Technologies LLC 13.3.1.1. Company Overview 13.3.1.2. Financial Overview 13.3.1.3. Business Strategy 13.3.1.4. Recent Developments 13.3.1.5. Manufacturing Footprint 13.3.2. BASF 13.3.3. Itaconix Corporation 13.3.4. Cargill Incorporated 13.3.5. Lucite International Group 13.3.6. Royal DSM 13.3.7. BioAmber Inc. 13.3.8. INNEOS 13.3.9. Alpha Chemika 13.3.10. Braskem 13.3.11. Aktin Chemicals Inc. 13.3.12. Braskem 13.3.13. DowDuPont 13.3.14. Evonik Industries AG 13.3.15. GF Biochemicals 13.3.16. Kawasaki Kasei Chemicals 13.3.17. Koninklijke DSM N.V. 13.3.18. LyondellBasell Chemicals 13.3.19. Mitsui Chemicals 13.3.20. Nippon Shokubai Co. Ltd. 13.3.21. Novozymes 13.3.22. PTT Global Chemical Public Company 13.3.23. Qingdao Kehai Biochemistry Co. Ltd. 13.3.24. Tokyo Chemical Industry Co. Ltd 13.3.25. Yantai shanshui chemical technology Co. Ltd. 13.3.26. Yield10Bioscience Inc. 14. Primary Key Insights
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