We are monitoring the impact of COVID-19 on Bio-based Platform Chemicals Market Get in touch with us for detailed analysis Know More
Pulished Date February, 2020
ID: 9056
Share on
Share on

Bio-based Platform Chemicals Market Segmented by Product Type (Bio Glycerol, Bio Succinic Acid, Bio Itaconic Acid, Bio Glutamic Acid, Bio 3-Hydroxypropionic Acid, and Others), Regional analysis- Global Industry Analysis, Forecast, Trends and Market Size. (2019 – 2024)

Pulished: February, 2020
ID: 9056
Pages: 175

Bio-based Platform Chemicals Market Value And Growth:

The Global Bio-based Platform Chemicals Market was estimated at USD 9.3 billion in 2018 and is expected to expand at a CAGR of 8.3 % to reach USD 18.79 billion by 2021.

Product Description:

Platform chemicals, in general, are the functional components that can be altered as multiple chemicals and materials. With the increasing depletion of fossil fuels, there is an increasing need for other alternatives. Bio-based platform chemicals can play a vital role in reducing the carbon footprint in several everyday used products, thereby increasing the natural resources. Biomass is considered as one of the prominent raw material for the production of bio-based platform chemicals.

Drivers and Restraints of Bio-based Platform Chemicals Market:

Drivers:

  • Increasing government regulations for promoting eco-friendly products to reduce pollution levels, along with the extinction of fossil fuels is the major driver for this market.
  • Growth in the pharmaceuticals sector, awareness about the disadvantages of petroleum-based products, and demand for organic fertilizers, personal care items and plastics, also favour business growth.
  • New technological innovations, demand for green chemistry, need for biomass feed, and increasing R&D investments by market giants are offering further growth potential for the global bio-based platform chemicals market.

Restraints:

  • The global market is mainly restricted by the lack of raw materials and fluctuations in their prices.
  • Intense competition from petroleum-based platform chemicals may limit the business expansion to some extent. 

Bio-based Platform Chemicals Market Segmentation:

By Product Type:

Based on the product type, the Bio-based Platform Chemicals Market is segmented into bio glycerol, bio-succinic acid, bio glutamic acid, bio itaconic acid, bio 3-hydroxy propionic acid, and others. Of these, the bio glycerol segment held the lion’s share in the world market due to the demand from several end-users like pharmaceuticals, cosmetics, and others. However, other segments like bio-succinic acid and bio 3-hydroxy propionic acid are expected to witness rapid growth in the coming years, owing to their versatile applications. The derivatives of 3-hydroxy propionic acid are majorly used in the manufacturing of plastics, resins, cleaning agents, adhesives, fibres, polymers, and so on.

Bio-based Platform Chemicals Market Region-wise analysis:

Marked Segmentation Based on the region:

  1. North America
    1. S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
  5. Middle East and Africa
    1. Middle East (Saudi Arabia, UAE, Iran, and Others)
    2. Africa (South Africa, Egypt, Nigeria, and Others)

Geographically, North America holds the dominant share of the global bio-based platform chemicals market and also expected to continue the same trend in the foreseen years. The United States of America is the major contributor to this region due to the stringent regulations for the use of bio-based products, investments in the R&D activities, presence of key market players, and innovations in development of new products. Also, the market in Canada is expected to expand with the favourable government policies and availability of bio-based feedstock.

Key Players of Bio-based Platform Chemicals Market:

Key players of the market include Cargill, Inc., BASF SE, Novozymes, Bio-Amber, Succinity GmbH, DSM, PTT Global ChemicalPublic Company Ltd, Myriant Corporation, Gevo, Inc., Rennovia, Inc., Reverdia, Itaconix Plc, Amyris, Inc., and others. All these companies are adopting several growth strategies like collaborations, acquisitions, innovations and agreements to increase their product portfolio and improve market position.

Global Bio-based Platform Chemicals Market Research Report Key Highlights:

  1. Evaluation of the current stage of market and future implications of the market based on the detailed observation of recent key developments.
  2. Address the matter by better understanding the market size estimates through CAGR analysis to forecast the future market.
  3. Comprehensive segmentation of the market, detailed evaluation of the market by further sub-segments.
  4. Address Market Drivers, Restraints and providing insights for gaining market share.
  5. Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of a competitive environment.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Bio-based Platform Chemicals Market, By Product Type                        

                                6.1.1 Bio Succinic Acid    

                                6.1.2 Bio Glycerol            

                                6.1.3 Bio Glutamic Acid 

                                6.1.4 Bio Itaconic Acid    

                                6.1.5 Bio 3-Hydroxypropionic Acid           

                                6.1.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.7 Y-o-Y Growth Rate Analysis             

                                6.1.8 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Product Type   

                                7.2.3 By Region

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Product Type   

                                7.3.3 By Region

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Product Type   

                                7.4.3 By Region

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Product Type   

                                7.5.3 By Region

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Product Type   

                                7.6.3 By Region

8. Key Player Analysis                                    

                8.1 BASF SE                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Cargill, Incorparated                               

                8.3 Novozymes                

                8.4 Bio-Amber                  

                8.5 Succinity GmbH                        

                8.6 DSM                              

                8.7 PTT Global Chemical Public Limited                  

                8.8 Myriant Corporation                               

                8.9 Gevo, Inc.                   

                8.10 Rennovial, Inc.                        

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Global Bio-based Platform Chemicals Market By Region, From 2019-2024 ( USD Billion )

Global Bio-based Platform Chemicals Market By Product Type, From 2019-2024 ( USD Billion )

Global Bio Succinic Acid Market By Region, From 2019-2024 ( USD Billion )

Global Bio Glycerol Market By Region, From 2019-2024 ( USD Billion )

Global Bio Glutamic Acid Market By Region, From 2019-2024 ( USD Billion )

Global Bio Itaconic Acid Market By Region, From 2019-2024 ( USD Billion )

Global Bio 3-Hydroxypropionic Acid Market By Region, From 2019-2024 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample