Renewable Chemicals Market
Renewable Chemicals Market Analysis by Product Type (Ethanol, Ketones, Biopolymers, Platform Chemicals), by Feedstocks (Biomass, Corn, Sugarcane, Algae), by End-Use, by Region - Global Market Insights 2022-2032
Analysis of Renewable Chemicals market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Renewable Chemicals Market Outlook
The global sales of Renewable Chemicals in 2021 was held at US$ 86.7 Billion and is predicted to reach US$ 262.9 Billion by the end of 2032. With 10.6%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth.
Ethanol is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 12.5% during 2022 – 2032.
Attributes |
Details |
|---|---|
|
Renewable Chemicals Market CAGR (2022-2032) |
10.6% |
|
Renewable Chemicals Market Size (2022) |
US$ 95.8 Billion |
|
Renewable Chemicals Market Size (2032) |
US$ 262.9 Billion |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Key Companies Profiled |
|
Revenue of Renewable Chemicals Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032
As per the Renewable Chemicals Market research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Renewable Chemicals Market increased at around 10% CAGR. Growing environmental concerns and government backing for eco-friendly materials and products are all driving the renewable chemicals industry expansion.
According to the International Energy Agency, in its study Global Energy Review 2021, as demand for coal, oil, and gas rises, energy-related CO2 emissions are expected to expand by 4.8% in 2021.
The rise of about 1,500 Mt CO2 will be the highest single increase as compared to the carbon-intensive economic recovery from the global financial crisis, and it would leave world emissions reaching roughly 400 Mt CO2, or 1.2% lower in 2021 than they were in 2019. This is a serious cause of concern for both the government and the industrialists.
Renewable chemicals possess the properties like lesser waste, eliminating costly remediation, hazardous waste disposal, and end-of-pipe treatments. Because of the rise in greenhouse gas emissions, renewable chemicals are also needed to reduce carbon footprints. Furthermore, low-cost feedstocks like biomass, environment-friendly products, and ongoing technological advancements like using old bottles for the manufacture of polyurethane raw materials, may boost the industry forward in the near future.
- The renewable Chemicals Market was valued at US$ 86.7 Bn in 2021. According to Fact.MR, Renewable Chemicals Market revenue would increase 2.7X between 2022 and 2032, reaching roughly US$ 262.9 Bn in 2032.
- In terms of Product Type, Ethanol accounts for the highest projected CAGR of over 12.5%.
- In terms of Feedstocks of Renewable Chemicals, Biomass accounts for the highest CAGR of 11.3% during the historical period.
- The US is the dominant country in the Renewable Chemicals Market with an absolute dollar growth opportunity of over US$ 38.6 Bn.
What Factors are Propelling Renewable Chemicals Demand?
There are numerous factors propelling the demand for renewable chemicals. Depletion of fossil fuels and rise in greenhouse gas emissions will force the industries to use renewable chemicals like ketones, ethanol, biopolymers, etc. in manufacturing.
The restrictions that government imposes in the form of emission fees to discourage the use of fossil fuels are also a contributing factor to the increase in the demand for renewable chemicals. In 2020, the US government charged US$ 24-US$ 39/tCO2e (tonnes of carbon dioxide equivalent) from various companies. Besides, several manufacturers have also added bio-ethanol to their product portfolio to promote environment-friendliness.
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Which Region is projected to Offer the Largest Opportunity for Renewable Chemical Market?
During the projection period, APAC is predicted to be the leading market for Renewable Chemicals. In 2021, the market size in the region was almost US$ 73 Bn. The key element accelerating the growth of the renewable chemical market in the Asia Pacific is the increased need for green chemicals to reduce carbon footprint.
Current studies have revealed that the significance of renewable chemicals in supporting the Asia Pacific economy is expected to boost the regional market’s growth.
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What are the challenges associated with the manufacture of Renewable Chemicals?
The challenge that the market will face is the high production cost, which might encourage only a few participants to enter the market, thereby creating a monopoly. When compared to their synthetic equivalents, certain renewable alternatives to conventional petrochemicals have proved exceedingly expensive.
Lower purchasing power, as well as a lack of consumer understanding of these chemicals, particularly in the Asia Pacific and Africa's growing economies, may obstruct renewable chemical adoption in these countries in the coming years.
Country-wise Analysis
Which Country Lies at the CenterStage for Renewable Chemicals Market Revenue?
The United States is expected to account for the highest market share of US$ 63.1 Bn by the end of 2032. This is due to the rise in the concern for sustainability. Increase in the focus of government towards reduction in the greenhouse gases like carbon dioxide, methane, nitrous oxide, etc.
Furthermore, to increase the market share in the renewable chemical industry, companies like BASF SE, Genomatica, and Biosynthetic Technologies are pursuing various growth strategies such as mergers and acquisitions, strategic partnerships, cooperation, and manufacturing facility developments.
Category-wise Insights
Why Ethanol is Projected to Witness the Fastest Growth among Renewable Chemicals Product Type?
Ethanol is forecasted to grow at the highest CAGR of over 12.5% during 2022-2032. Ethanol also has the highest market share in the global context. Renewable ethanol is also eco-friendly in nature. As the supply of non-renewable chemicals is depleted to a very low level, the prices of crude oil increased as a result and the demand for bio-ethanol like bio-butanol or bio-methanol has increased.
It is further predicted that there will be a significant increase in the demand for vehicles as a result of a huge population increase, leading to higher demand for bio-ethanol.
Which Feedstocks of Renewable Chemicals are expected to Score Highest Growth in the Coming Years?
Biomass commanded the largest revenue as well as a CAGR of nearly 13.2%, during the forecast period. More biomass fuels are being used in new projects, which is expected to boost worldwide biomass growth. In addition, increased demands are also a result of the initiative taken by industries from various sectors like textile, automotive, agriculture and petrochemicals.
Which End-Use segment is expected to perform well in the Renewable Chemical Markets?
The automobile industry is the most profitable end-user for renewable chemicals market since the industry increases demand for biodiesel, bioethanol and biopolymers.
Organisation Internationale des Constructeurs d'Automobiles (OICA), an international trade association, claimed that the automotive sector consumes renewable chemicals like biomass-based diesel fuels, such as biodiesel and renewable diesel, which are biofuels derived from biomass.
What is the impact of Covid-19 on Renewable Chemicals Market?
Covid-19 outbreak had resulted in a narrower demand for chemicals. The emergence of Covid-19 resulted in a decline in the oil prices due to a reduction in world oil consumption of roughly 29 Mn barrels per day. It led to a high supply of crude oil in the market making the prices of synthetic chemicals and materials cheaper. This reduction in the prices had a detrimental impact on renewable chemical production.
Due to lockdowns, the demand for basic commodities and canned goods had skyrocketed, leading to the hoarding of long-lasting items like rice and wheat. Covid-19 had hampered the supply chain, availability of raw materials, and logistics.
Moreover, as a result of covid-19, a significant number of participants in the industry have begun producing PPE or Personal Protective Equipment such as masks, kits, and sanitizers. The key market participants of the renewable chemical industry are extensively focusing on the production of essential and necessary goods, which in turn led to a reduction in renewable chemicals production. For instance, Cargill and BASF SE diverted their production to PPE kits and hand sanitizers.
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Competitive Analysis
Players in the market are constantly developing improved analytical solutions as well as extending their product offerings. To help healthcare organizations implement data analysis solutions, combat the Covid-19 pandemic, and preserve competitive advantage in the market, the companies are focused on their alliances, technology collaborations, and product launch strategies.
Some of the recent developments of key Renewable Chemical providers are as follows:
- In July 2020, Praj Industries introduced a new Bio-Prism portfolio that produces renewable chemicals and materials. The portfolio of Praj Industry already includes Bio-Industrial products. This new addition to the existing portfolio will further help in optimizing its revenue.
- In April 2021, Du Pont announced that they will focus more on sustainability and try to reduce carbon footprint and improve operations, thereby generating lesser waste and higher energy efficiency.
- In October 2021, Mitsubishi Chemical Holdings, established in Japan, seeks to invest US$ 875 Mn by 2030. The funding will be mainly utilized to install solar energy and construct a plastic business that recycles used vegetable oils. By 2050, the corporation aspires to achieve a net-zero in greenhouse gas emissions.
- In September 2021, around 49.5% of the Vattenfall wind farm, Holland Kust Zuid was purchased by BASF SE. The wind farm has already started construction in July 2021 in the Dutch North Sea. This subsidy-free offshore wind farm is scheduled to begin its operation in 2023. This is BASF’s first huge investment in the field of renewable energy.
- In November 2021, Lummus Technology has signed an MoU with Braskem Netherlands B.V., which is a subsidiary of Braskem, the world's largest biopolymer manufacturer. The MOU is targeted to the license of Braskem's green ethylene technology for two of the ethanol to ethylene conversion projects in development in Asia and North America, indicating that the technology has a worldwide audience.
Similarly, recent developments related to companies’ Renewable Chemicals services have been tracked by the team at Fact.MR, which are available in the full report.
Market Segments Covered in Renewable Chemicals Market Analysis
-
By Product Type :
- Ethanol
- Ketones
- Biopolymers
- Platform Chemicals
- Other Product Types
-
By Feedstocks :
- Biomass
- Corn
- Sugarcane
- Algae
- Other Feedstocks
-
By End-Use :
- Automotive
- Medical
- Food and Beverages
- Petrochemicals
- Textiles
- Agriculture
- Other End-Uses
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Renewable Chemicals Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Bn) & Volume (Tons) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Bn) & Volume (Tons) Analysis By Product Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Bn) & Volume (Tons) Analysis and Forecast By Product Type, 2022-2032 5.3.1. Ethanol 5.3.2. Ketones 5.3.3. Biopolymers 5.3.4. Platform Chemicals 5.3.5. Other Product Types 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032 6. Global Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Feedstocks 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Bn) & Volume (Tons) Analysis By Feedstocks, 2017-2021 6.3. Current and Future Market Size Value (US$ Bn) & Volume (Tons) Analysis and Forecast By Feedstocks, 2022-2032 6.3.1. Biomass 6.3.2. Corn 6.3.3. Sugarcane 6.3.4. Algae 6.3.5. Other Feedstocks 6.4. Y-o-Y Growth Trend Analysis By Feedstocks, 2017-2021 6.5. Absolute $ Opportunity Analysis By Feedstocks, 2022-2032 7. Global Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By End-Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Bn) & Volume (Tons) Analysis By End-Use, 2017-2021 7.3. Current and Future Market Size Value (US$ Bn) & Volume (Tons) Analysis and Forecast By End-Use, 2022-2032 7.3.1. Automotive 7.3.2. Medical 7.3.3. Food & Beverages 7.3.4. Petrochemicals 7.3.5. Textile 7.3.6. Agriculture 7.3.7. Other End-Uses 7.4. Y-o-Y Growth Trend Analysis By End-Use, 2017-2021 7.5. Absolute $ Opportunity Analysis By End-Use, 2022-2032 8. Global Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Bn) & Volume (Tons) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Bn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Bn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. Value (US$ Bn) & Volume (Tons)ed States 9.2.1.2. Canada 9.2.2. By Product Type 9.2.3. By Feedstocks 9.2.4. By End-Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Feedstocks 9.3.4. By End-Use 9.4. Key Takeaways 10. Latin America Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Bn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Product Type 10.2.3. By Feedstocks 10.2.4. By End-Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Feedstocks 10.3.4. By End-Use 10.4. Key Takeaways 11. Europe Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Bn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Russia 11.2.1.7. Rest of Europe 11.2.2. By Product Type 11.2.3. By Feedstocks 11.2.4. By End-Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Feedstocks 11.3.4. By End-Use 11.4. Key Takeaways 12. Asia Pacific Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Bn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. India 12.2.1.4. South Korea 12.2.1.5. Australia 12.2.1.6. Rest of APAC 12.2.2. By Product Type 12.2.3. By Feedstocks 12.2.4. By End-Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Feedstocks 12.3.4. By End-Use 12.4. Key Takeaways 13. Middle East and Africa Renewable Chemicals Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Bn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Bn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. South Africa 13.2.1.2. Saudi Arabia 13.2.1.3. UAE 13.2.1.4. Israel 13.2.1.5. Rest of MEA 13.2.2. By Product Type 13.2.3. By Feedstocks 13.2.4. By End-Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Feedstocks 13.3.4. By End-Use 13.4. Key Takeaways 14. Key Countries Renewable Chemicals Market Analysis 14.1. Value (US$ Bn) & Volume (Tons)ed States 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Product Type 14.1.2.2. By Feedstocks 14.1.2.3. By End-Use 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Product Type 14.2.2.2. By Feedstocks 14.2.2.3. By End-Use 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Product Type 14.3.2.2. By Feedstocks 14.3.2.3. By End-Use 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Product Type 14.4.2.2. By Feedstocks 14.4.2.3. By End-Use 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Product Type 14.5.2.2. By Feedstocks 14.5.2.3. By End-Use 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Product Type 14.6.2.2. By Feedstocks 14.6.2.3. By End-Use 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Product Type 14.7.2.2. By Feedstocks 14.7.2.3. By End-Use 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Product Type 14.8.2.2. By Feedstocks 14.8.2.3. By End-Use 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Product Type 14.9.2.2. By Feedstocks 14.9.2.3. By End-Use 14.10. Russia 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Product Type 14.10.2.2. By Feedstocks 14.10.2.3. By End-Use 14.11. China 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Product Type 14.11.2.2. By Feedstocks 14.11.2.3. By End-Use 14.12. Japan 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Product Type 14.12.2.2. By Feedstocks 14.12.2.3. By End-Use 14.13. India 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Product Type 14.13.2.2. By Feedstocks 14.13.2.3. By End-Use 14.14. South Korea 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Product Type 14.14.2.2. By Feedstocks 14.14.2.3. By End-Use 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Product Type 14.15.2.2. By Feedstocks 14.15.2.3. By End-Use 14.16. South Africa 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Product Type 14.16.2.2. By Feedstocks 14.16.2.3. By End-Use 14.17. Saudi Arabia 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Product Type 14.17.2.2. By Feedstocks 14.17.2.3. By End-Use 14.18. UAE 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Product Type 14.18.2.2. By Feedstocks 14.18.2.3. By End-Use 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Product Type 14.19.2.2. By Feedstocks 14.19.2.3. By End-Use 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Product Type 15.3.3. By Feedstocks 15.3.4. By End-Use 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Mitsubishi Chemical Corp. 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Genomatica 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Cobalt Technologies 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. BASF 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. DuPoint Tate & Lyle Bio Products 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Yield10 Bioscience 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. BioMCN 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Corbion N.V. 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. NatureWorks Llc 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Biome Technologies PLC 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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List Of Table
Table 01: Global Renewable Chemicals Market Value (US$ Bn) Forecast by Region, 2017-2032
Table 02: Global Renewable Chemicals Market Volume (Tons) Forecast by Region, 2017-2032
Table 03: Global Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 04: Global Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 05: Global Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 06: Global Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 07: Global Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 08: Global Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
Table 09: North America Renewable Chemicals Market Value (US$ Bn) Forecast by Country, 2017-2032
Table 10: North America Renewable Chemicals Market Volume (Tons) Forecast by Country, 2017-2032
Table 11: North America Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 12: North America Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 13: North America Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 14: North America Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 15: North America Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 16: North America Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
Table 17: Latin America Renewable Chemicals Market Value (US$ Bn) Forecast by Country, 2017-2032
Table 18: Latin America Renewable Chemicals Market Volume (Tons) Forecast by Country, 2017-2032
Table 19: Latin America Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 20: Latin America Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 21: Latin America Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 22: Latin America Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 23: Latin America Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 24: Latin America Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
Table 25: Europe Renewable Chemicals Market Value (US$ Bn) Forecast by Country, 2017-2032
Table 26: Europe Renewable Chemicals Market Volume (Tons) Forecast by Country, 2017-2032
Table 27: Europe Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 28: Europe Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 29: Europe Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 30: Europe Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 31: Europe Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 32: Europe Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
Table 33: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Forecast by Country, 2017-2032
Table 34: Asia Pacific Renewable Chemicals Market Volume (Tons) Forecast by Country, 2017-2032
Table 35: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 36: Asia Pacific Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 37: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 38: Asia Pacific Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 39: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 40: Asia Pacific Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
Table 41: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Forecast by Country, 2017-2032
Table 42: Middle East and Africa Renewable Chemicals Market Volume (Tons) Forecast by Country, 2017-2032
Table 43: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Forecast by Product Type, 2017-2032
Table 44: Middle East and Africa Renewable Chemicals Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 45: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Forecast by Feedstocks, 2017-2032
Table 46: Middle East and Africa Renewable Chemicals Market Volume (Tons) Forecast by Feedstocks, 2017-2032
Table 47: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Forecast by End-Use, 2017-2032
Table 48: Middle East and Africa Renewable Chemicals Market Volume (Tons) Forecast by End-Use, 2017-2032
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List Of Figures
Figure 01: Global Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 02: Global Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 03: Global Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 04: Global Renewable Chemicals Market Value (US$ Bn) by Region, 2022-2032
Figure 05: Global Renewable Chemicals Market Value (US$ Bn) Analysis by Region, 2017-2032
Figure 06: Global Renewable Chemicals Market Volume (Tons) Analysis by Region, 2017-2032
Figure 07: Global Renewable Chemicals Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 08: Global Renewable Chemicals Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 09: Global Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 10: Global Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 11: Global Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 12: Global Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 13: Global Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 14: Global Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 15: Global Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 16: Global Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 17: Global Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 18: Global Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 19: Global Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 20: Global Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 21: Global Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 22: Global Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 23: Global Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 24: Global Renewable Chemicals Market Attractiveness by Region, 2022-2032
Figure 25: North America Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 26: North America Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 27: North America Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 28: North America Renewable Chemicals Market Value (US$ Bn) by Country, 2022-2032
Figure 29: North America Renewable Chemicals Market Value (US$ Bn) Analysis by Country, 2017-2032
Figure 30: North America Renewable Chemicals Market Volume (Tons) Analysis by Country, 2017-2032
Figure 31: North America Renewable Chemicals Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 34: North America Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 35: North America Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 36: North America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 37: North America Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 38: North America Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 39: North America Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 40: North America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 41: North America Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 42: North America Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 43: North America Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 44: North America Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 45: North America Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 46: North America Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 47: North America Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 48: North America Renewable Chemicals Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 50: Latin America Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 51: Latin America Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 52: Latin America Renewable Chemicals Market Value (US$ Bn) by Country, 2022-2032
Figure 53: Latin America Renewable Chemicals Market Value (US$ Bn) Analysis by Country, 2017-2032
Figure 54: Latin America Renewable Chemicals Market Volume (Tons) Analysis by Country, 2017-2032
Figure 55: Latin America Renewable Chemicals Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 58: Latin America Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 59: Latin America Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 60: Latin America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 61: Latin America Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 62: Latin America Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 63: Latin America Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 64: Latin America Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 65: Latin America Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 66: Latin America Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 67: Latin America Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 68: Latin America Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 69: Latin America Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 70: Latin America Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 71: Latin America Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 72: Latin America Renewable Chemicals Market Attractiveness by Country, 2022-2032
Figure 73: Europe Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 74: Europe Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 75: Europe Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 76: Europe Renewable Chemicals Market Value (US$ Bn) by Country, 2022-2032
Figure 77: Europe Renewable Chemicals Market Value (US$ Bn) Analysis by Country, 2017-2032
Figure 78: Europe Renewable Chemicals Market Volume (Tons) Analysis by Country, 2017-2032
Figure 79: Europe Renewable Chemicals Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Renewable Chemicals Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 82: Europe Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 83: Europe Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 84: Europe Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 85: Europe Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 86: Europe Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 87: Europe Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 88: Europe Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 89: Europe Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 90: Europe Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 91: Europe Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 92: Europe Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 93: Europe Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 94: Europe Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 95: Europe Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 96: Europe Renewable Chemicals Market Attractiveness by Country, 2022-2032
Figure 97: Asia Pacific Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 98: Asia Pacific Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 99: Asia Pacific Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 100: Asia Pacific Renewable Chemicals Market Value (US$ Bn) by Country, 2022-2032
Figure 101: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Analysis by Country, 2017-2032
Figure 102: Asia Pacific Renewable Chemicals Market Volume (Tons) Analysis by Country, 2017-2032
Figure 103: Asia Pacific Renewable Chemicals Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: Asia Pacific Renewable Chemicals Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 106: Asia Pacific Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 107: Asia Pacific Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 108: Asia Pacific Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 109: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 110: Asia Pacific Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 111: Asia Pacific Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 112: Asia Pacific Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 113: Asia Pacific Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 114: Asia Pacific Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 115: Asia Pacific Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 116: Asia Pacific Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 117: Asia Pacific Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 118: Asia Pacific Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 119: Asia Pacific Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 120: Asia Pacific Renewable Chemicals Market Attractiveness by Country, 2022-2032
Figure 121: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) by Product Type, 2022-2032
Figure 122: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) by Feedstocks, 2022-2032
Figure 123: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) by End-Use, 2022-2032
Figure 124: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) by Country, 2022-2032
Figure 125: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Analysis by Country, 2017-2032
Figure 126: Middle East and Africa Renewable Chemicals Market Volume (Tons) Analysis by Country, 2017-2032
Figure 127: Middle East and Africa Renewable Chemicals Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: Middle East and Africa Renewable Chemicals Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Analysis by Product Type, 2017-2032
Figure 130: Middle East and Africa Renewable Chemicals Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 131: Middle East and Africa Renewable Chemicals Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 132: Middle East and Africa Renewable Chemicals Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 133: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Analysis by Feedstocks, 2017-2032
Figure 134: Middle East and Africa Renewable Chemicals Market Volume (Tons) Analysis by Feedstocks, 2017-2032
Figure 135: Middle East and Africa Renewable Chemicals Market Value Share (%) and BPS Analysis by Feedstocks, 2022-2032
Figure 136: Middle East and Africa Renewable Chemicals Market Y-o-Y Growth (%) Projections by Feedstocks, 2022-2032
Figure 137: Middle East and Africa Renewable Chemicals Market Value (US$ Bn) Analysis by End-Use, 2017-2032
Figure 138: Middle East and Africa Renewable Chemicals Market Volume (Tons) Analysis by End-Use, 2017-2032
Figure 139: Middle East and Africa Renewable Chemicals Market Value Share (%) and BPS Analysis by End-Use, 2022-2032
Figure 140: Middle East and Africa Renewable Chemicals Market Y-o-Y Growth (%) Projections by End-Use, 2022-2032
Figure 141: Middle East and Africa Renewable Chemicals Market Attractiveness by Product Type, 2022-2032
Figure 142: Middle East and Africa Renewable Chemicals Market Attractiveness by Feedstocks, 2022-2032
Figure 143: Middle East and Africa Renewable Chemicals Market Attractiveness by End-Use, 2022-2032
Figure 144: Middle East and Africa Renewable Chemicals Market Attractiveness by Country, 2022-2032
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- FAQs -
How much is the current worth of the Renewable Chemicals Market?
The global Renewable Chemicals Market is worth more than US$ 86.7 Billion at present.
What is the sales forecast for Renewable Chemicals Market?
The value of the Renewable Chemicals Market is projected to increase at a CAGR of around 10.6% during 2022 – 2032.
What was the last 5 year’s market CAGR?
The value of the Renewable Chemicals Market increased at a CAGR of around 10.00% during 2017 – 2021.
What is a key trend shaping the growth of the market for Renewable Chemicals Market?
Through the sustainable transition, innovation, efficient pricing, and sales execution tactics, companies are fast adjusting to the new market and emerging as top performers, generating attractive revenues in the renewable chemical markets.
At what percentage is sales of Renewable Chemicals Market going to register growth in China?
The market for Renewable Chemicals Market in China is projected to expand at a CAGR of around 15.7% during 2022 – 2032.
What do statistics for South Korea and Japan reveal?
While the market in South Korea is expected to grow at nearly 12.2%, the market in Japan is projected to register a CAGR of nearly 14.3% during 2022 - 2032.
Renewable Chemicals Market