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The Global Bio-Based Platform Chemicals Market Is Anticipated To Top US$ 23 Mn By 2031

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Pratibha Khopade
The Global Bio-Based Platform Chemicals Market Is Anticipated To Top US$ 23 Mn By 2031

According to Fact.MR’s latest industry analysis on bio-based platform chemicals, the global market was valued at US$ 13 Mn in 2020 and is expected to accelerate at a CAGR of 8% to top US$ 23 Mn by 2031. Demand for C-5 platform chemicals (levulinic acid, glutamic acid, itaconic acid, and xylitol) is projected to rise at a CAGR of 7% across the assessment period of 2021 to 2031.

 The research report on the global Bio-based Platform Chemicals Market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market.

Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into.

To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global Bio-based Platform Chemicals Market.


Bio-Based Platform Chemicals Consumption Analysis from 2016-2020 Vs Future Market Outlook for 2021-2031

As per Fact.MR - a market research and competitive intelligence provider, the global market for bio-based platform chemicals was valued at US$ 13 Mn in 2020.

Significant growth in the chemical and pharmaceutical industries represents one of the key factors creating a positive outlook for the market. Increasing consumption of bio-based C-3 platform chemicals, growing demand for environment-friendly & bio-based chemicals, and rising demand for bio-based levulinic acid & bio-based glucaric acid are also driving the market growth.

Additionally, various product innovations, such as the development of superabsorbent polymers (SAPs), are acting as other growth-inducing factors. SAPs exhibit superior water-absorbing capabilities and thus used for the production of diapers, adult incontinence pads, absorbent medical dressings, and controlled release drugs.

 

Market Players:

  • BioAmber, Inc.
  • Cargill, Inc.
  • BASF SE
  • Mitsubishi Chemical Corporation
  • PTT Global Chemical Public Co. Ltd.
  • DuPont Tate & Lyle Bio Products Company LLC
  • Braskem SA
  • Evonik Industries AG
  • DowDuPont, Inc.
  • GFBiochemicals Ltd.
  • Koninklijke DSM NV
  • Myriant Corporation
  • Novozymes A/S
  • Prinova Group LLC.
  • Yield10 Bioscience, Inc.
  • Succinity GmbH

Key Takeaways from Market Study

  • Global bio-based platform chemicals market to top US$ 23 Mn by 2031.
  • C-3 platform chemicals projected to reach around US$ 10 Mn by 2031.
  • C-4 platform chemicals projected to record above 7% CAGR over next 10 years.
  • North America is the most lucrative region and will generate over 50% of global revenue by 2031.
  • Market in Australia expected to reach valuation of US$ 3 Mn by 2031.
  • Market in Germany to record 6% CAGR over forecast period of 2021- 2031.

Key Segments in Bio-Based Platform Chemicals Industry Research

·        Type

  • C-3 Platform Chemicals
  • Bio-based Glycerol
  • Bio-3-Hydroxypropionic Acid
  • C-4 Platform Chemicals
  • Bio-based Succinic Acid
  • Bio-based Fumaric Acid
  • Bio-based Malic Acid
  • Bio-based Aspartic Acid
  • C-5 Platform Chemicals
  • Bio-based Levulinic Acid
  • Bio-based Glutamic Acid
  • Bio-based Itaconic Acid
  • Bio-based Xylitol
  • C-6 Platform Chemicals
  • Bio-based Sorbitol
  • Bio-based Glucaric Acid
  • Bio-based 2,5-Furan Dicarboxylic Acid

·        Application

  • Bio-based Platform Chemicals for Polymers
  • Bio-based Platform Chemicals for Plastic Formulation
  • Bio-based Platform Chemicals for Bio-fuel
  • Bio-based Platform Chemicals for Cosmetics
  • Bio-based Platform Chemicals for Paints & Coatings
  • Bio-based Platform Chemicals for Solvents
  • Bio-based Platform Chemicals for Pharmaceuticals

Reasons to choose a Fact.MR:

  • Exhaustive research regarding the market to offer A to Z information.
  • Digital technologies to provide innovative business solutions to clients.
  • 24/7 availability of services.
  • Interaction with suppliers, vendors, and service providers for a precise market landscape.
  • Reports tailored as per the requirements of the clients.

Read More Insights: https://www.factmr.com/report/5366/biobased-platform-chemicals-market

About Fact.MR

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damini 2023-01-01
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The Synthetic & Bio-based Butadiene Market Report gives crucial information that will help to know the competitors better and gain more profit. Major Key Companies listed in the Synthetic & Bio-based Butadiene market report:BASF SE, Eni S. Segmentation of Synthetic & Bio-based Butadiene market by Types:Key Segmentation of Synthetic & Bio-based Butadiene Market:By ProductSyntheticBio-basedBy ApplicationSB RubberButadiene RubberSB LatexABSAdiponitrileSegmentation of Synthetic & Bio-based Butadiene market by Applications:In addition, Synthetic & Bio-based Butadiene Market report talks about technical data, manufacturing plants analysis, and raw material sources analysis as well as explains the product penetration, profit margins, and R & D status. Later on, the report discusses each region separately, to deliver a complete understanding of Synthetic & Bio-based Butadiene market segmentation. Latest developments, Global Synthetic & Bio-based Butadiene market shares, and strategies employed by the major market players.
Global Biosensors Market Anticipated to Grow at a Significant Pace By 2024
Steve Johnson 2021-02-02
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The global Biosensors Market is anticipated to reach 21.2 billion by 2020 owing to the rise in technological developments in all the sectors of the biosensors industry.

The biosensors include three components namely the bio elements, biological recognition unit and the transducers.

The biological recognition unit deals with the given biological responses, bio-elements that establishes enzymes, antibiotics, living tissues and transducers.

The biosensors are indispensable devices that features quick detention ability, easy usage, low cost and have portable solutions.

The rising prevalence of lifestyle-induced and chronic diseases are demanding the point-of-care testing (POCT), rise in the geriatric population and biosensors for nanotechnology is expected to fuel up the growth of biosensors industry.The increasing popularity of medical equipment, personalized medications and wider acceptability of user-friendly Biosensors are expected to grow the biosensors market.

Additionally, the adoption speed of these regulatory requirements to advanced technologies is slower due to which the global market is expecting hindrances.Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/biosensors-market/request-sample Furthermore, the present lifestyle disorders and the prevalent chronic diseases are stimulating the consumers to adopt the biosensors for early detection of unhealthy viruses in the body.

Bio-Based Coatings Market Size 2023 Business Insights and Trends Forecast by 2030
Sakshi Shah 2023-02-17
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The Bio-Based Coatings Market research report covers a wide range of subjects, including latest technological breakthroughs, worldwide industry trends, market size, share, and emerging technologies. The Bio-Based Coatings market study provides valuable insight into the current situation of the local and worldwide marketplaces. com/sample-request/2562Market SegmentationFor the projection period, the Bio-Based Coatings market analysis evaluates the attractiveness of all main segments. The Bio-Based Coatings market research study delves into the many segments, such as product, end-users, and geographical regions. Table of Contents- Major Key PointsIntroductionResearch MethodologyMarket DynamicsImpact AnalysisValue Chain AnalysisPorter’s 5 Forces ModelPEST AnalysisBio-Based Coatings Market Segment, By ResinBio-Based Coatings Market Segment, By ApplicationRegional AnalysisCompany ProfilesCompetitive LandscapeConclusionBuy Single User PDF of Bio-Based Coatings Market Research @ https://www.
Bio-based Platform Chemicals Market: Competitive Dynamics And Global Industry Outlook 2021
Mangesh Panhale 2020-01-08
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Asia-Pacific held a dominant share in the global bio-based platform chemicals market in 2015, and is expected to maintain this position throughout the forecast period.Platform chemicals represent a group of twelve (one not commercialized yet) building block chemicals that can be produced from sugars via biological conversions.

Furthermore, rising adoption of bio-based chemicals in different industries such as personal care, pharmaceuticals, food & beverages including others are some of the key factors driving the market growth.

However, high production cost of bio-based chemicals is likely to hamper the market growth.Do Enquiry for Sample Report @ https://www.alliedmarketresearch.com/request-sample/1086C-3 chemicals (Glycerol and 3-hydroxypropionic acid) accounted for the highest consumption in 2015, owing to its unique property of getting converted into various other useful chemicals such as alcohols, acids and resins.

3-HP can be transformed into different high-value chemicals such as 1,3-propanediol, acrylic acid, methyl acrylate, acrylamide, malonic acid, ethyl 3-HP, propiolactone and acrylonitrile.

These high value chemicals are used in a variety of applications such as solvents, plastics & molding, fibers & resins, composites, adhesives, laminates, floor polishes, paints & coatings, aliphatic polyesters & copolyesters, wastewater treatment, gel electrophoresis, papermaking, ore processing, vitamins and disinfectants used to sterilize vaccines, tissue grafts, blood plasma, surgical instruments and enzymes.C-5 chemicals forms second most dominating group in bio-based chemicals market with glutamic acid as major contributor apart from levulinic acid, itaconic acid and xylitol.

I. du Pont de Nemours and CompanyPrinova LLC.Key Findings of Bio-Based Platform Chemicals MarketC-3 and C-5 platform chemicals, together, accounted for more than 89% of total bio-based platform chemicals consumption in 2015.LAMEA bio-based platform chemicals consumption is projected grow at the CAGR of 8.5% during analysis period.Asia-Pacific was the highest consumer of bio-based platform chemicals across the globe in 2015.Bio-medical industry application segment of glycerol (C-3 platform chemicals) is projected to grow at the CAGR of 25.2%.Out of total C-3 chemicals consumed, 3-hydroxypropionic acid accounted for more than 60% share in 2015.Fumaric acid accounted the largest share of the total C-4 platform chemicals.North America was the highest consumer of glutamic acid (C-5 platform chemical) in 2015 and is expected to maintain its lead through 2020.Similar Reports:Furfural MarketReinforcement Materials MarketMedical Polymers MarketFungicides MarketAbout Us:Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises.

Bio-Based Platform Chemicals Market Covid-19 Forecast, Trend Analysis & Competition Tracking: Global Review 2025|Key Players – BASF SE, Cargill, Incorporated, Avantium N.V.
santosh kumar 2021-05-17
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The report provides a detailed and extensive analysis on global Bio-Based Platform Chemicals Market by Fast.MR Market Research , that can be used to obtain a thorough understanding of the Bio-Based Platform Chemicals Industry, including the latest developments in the studied market. The report mainly studies the market size of Bio-Based Platform Chemicals Products/Services, recent trends and status of growth, as well as investment opportunities, market dynamics (such as growth drivers, restraints), and industry news updates (such as mergers, acquisitions, and investments).The efficiency of the product/service will be further optimized by technical advancement and development, making it more broadly used in downstream applications. -Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of   Europe). The report covers a study of recent industry trends, including product releases, mergers, acquisitions, alliances, joint ventures and collaborations. Leading players of Bio-Based Platform Chemicals Market are as follows: The market research report provides analysis of major & niche key market players in global Bio-Based Platform Chemicals Market based on their sales & revenue, market served, products, regional growth, and other factors. In addition to this, the report also profiles various major & niche key market players in the market – BASF SE Cargill, Incorporated Avantium N.V. DuPont Tate & Lyle Bio Products Company, LLC Parchem Fine & Specialty Chemicals DSM Butamax Advanced Biofuels LLC PTT Global Chemical Public Company Limited Champlor (Valtris Specialty Chemicals) The Following are the Key Features of Global Bio-Based Platform Chemicals Market Report: -Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis -Growth Drivers and Barriers, Market Trends & Market Opportunities -Porter’s Five Forces Analysis & Trade Analysis -Market Forecast Analysis for 2020-2025 -Market Segments by Geographies and Countries -Market Segment Trend and Forecast -Market Analysis and Recommendations -Price Analysis -Key Market Driving Factors -Bio-Based Platform Chemicals Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global Bio-Based Foam Market worth $229 million by 2027
marketsandmarkets 2023-03-22
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Major factors driving the growth of the bio-based foam include increasing adoption of bio-based material by various end-use industry. htmlBy raw material, the sugarcane-based segment accounted for the highest share of bio-based foam market during 2022 to 2027. By type, the flexible segment accounted for the highest share of bio-based foam market during 2022 to 2027. By end-use industry, the automotive segment accounted for the highest share of bio-based foam market during 2022 to 2027. id=109520048Europe is the largest and fastest-growing region in the bio-based foam market.
Bio-Based Coatings Market Drivers, Demand, Insights 2023-2032
Bhuvan 2023-03-01
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The Business Research Company’s Bio-Based Coatings Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The Bio-Based Coatings Global Market Report 2023 evaluates bio-based coatings market size, growth rate, drivers, trends, and major companies. id=7751&type=smpThe global bio-based coatings market size grew from $7. The bio-based coatings market size is expected to grow to $15. info Follow Us On:LinkedIn: https://in.
Plastic Pollution Driving Bio-Based PET Usage for Packaging Purposes
Aryan Kumar 2021-12-22
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This will also be because of the high-volume consumption of PET, mostly in plastic bottles. and The Coca-Cola Company have created PET bottles entirely from plant-based materials, by sourcing even TPA from biological feedstock. This is also why the packaging sector utilizes the highest volume of such plastic; other sectors that are now using bio-based PET are medical, electronics, automotive, textile, and horticulture. Currently, Asia-Pacific (APAC) is the largest bio-based PET market because of its huge consumer base. Hence, with the rising concerns regarding plastic pollution and greenhouse gas emissions, the usage of bio-based PET and other plastics will surge.
Bio-based Polymers Market New product launches, Technology landscape and Forecast to 2023-2032
gogo 2023-06-02
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According to the research report published by Polaris Market Research, the Global Bio-Based Polymers Market Was Estimated To Be Worth Of USD 14. Dealing with Competition and Competitors:The study analyzes the Bio-Based Polymers Market share of numerous important firms, as well as their product portfolios and recent strategic moves. In addition, suggestions and guidance for new entrants in the market have been given that carefully directs existing businesses for accelerated Bio-Based Polymers Market expansion. com/industry-analysis/bio-based-polymers-marketAbout Us:Polaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.
Report on Bio Based Polypropylene Market Research 2028 - Value Market Research
Ellma Gupta 2022-05-02
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The newly added Bio Based Polypropylene Market  research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2028. Get more information on "Global Bio Based Polypropylene Market Research Report" by requesting FREE Sample Copy at https://www. Browse Global Bio Based Polypropylene Market Research Report with detailed TOC at https://www. Purchase Complete Global Bio Based Polypropylene Market Research Report at https://www. com/contact/bio-based-polypropylene-market/buy-nowAbout Us:Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information.