Renewable Chemicals Market
                     Renewable Chemicals Market with Detailed Analysis, Competitive landscape, Forecast to 
2027
 
Market Overview
Renewable chemicals, commonly known as bio-based chemicals, are obtained from various 
renewable sources such as organic waste products, agricultural waste, agricultural feedstock, 
microorganism, and biomass. Due to lower carbon constituent and environment-friendly 
characteristics, renewable chemicals have emerged as potential substitutes for petroleum-based 
chemicals. Increasing awareness and growing demand for methanol and ethanol in the 
pharmaceutical industry is a major factor that is expected to fuel growth of the renewable chemicals
market during the forecast period. Europe is expected to hold dominant position in the renewable 
chemicals market, followed by North America. This is mainly attributed to inclination of the 
populace and industry players towards adoption of novel and technologically advanced green 
products. Asia Pacific is also expected to witness significant growth during the forecast period 
backed up by supportive government policies and low labor cost.
Renewable chemicals are used in various applications such as agriculture, food & beverages 
packaging, and biomedical. Technology applied for manufacturing renewable chemicals from 
biomass includes thermo chemical conversion, enzymatic hydrolysis, dehydrative transformation, 
fermentation and bioconversion, production of Fischer Tropsch diesel, and acid hydrolysis.
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Market Dynamics
Emerging technological breakthroughs, inclination of the populace towards eco-friendly products, 
and supportive government policy are fueling growth of the renewable chemicals market. 
Moreover, the growing demand for ethanol & methanol, green packaging materials, and consumer 
goods packaging materials is expected to boost the market growth during the forecast period. 
Abundant raw material, cheap labor cost, and increasing demand for renewable chemicals in China 
and India is expected to propel growth of the market for renewable chemicals. Rapid urbanization 
and industrialization in emerging economies of Asia Pacific is further expected to amplify demand 
for renewable chemicals across various end-use industries. Stringent regulation by EU on the use of 
fossil fuels has compelled manufacturers and researchers to focus on R&D of new technology that 
may replace fossil fuels.
Renewable Chemicals Market Taxonomy
On the basis of product type, the global market is classified into:
•Biopolymer
•Alcohols
•Ketones
•Organic acids
•Others
On the basis of applications, the global market is classified into:
•Agriculture
•Food & beverages packaging
•Biomedical
•Textiles
•Others
The key players in the market include, Archer-Daniels-Midland Company (ADM), Amyris Inc., 
BASF SE, Bioamber Inc., Biomethanol Chemie Nederland B.V., Braskem, Cargill Inc., DSM, E. I. 
DU Pont DE Nemours & Company, Evonik Industries AG, Genomatica Inc., Metabolix, Inc., 
Myriant Corporation, Natureworks LLC, Novozymes A/S, OPX Biotechnologies, Solazyme Inc., 
Solvay, and The Dow Chemical Com. 
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