Report overview
Platform chemicals represent a group of twelve (one not commercialized yet) building block chemicals that can be produced from sugars via biological conversions.
This report aims to provide a comprehensive presentation of the global market for Bio-based Platform Chemicals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-based Platform Chemicals. This report contains market size and forecasts of Bio-based Platform Chemicals in global, including the following market information:
Global Bio-based Platform Chemicals Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Bio-based Platform Chemicals Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Bio-based Platform Chemicals companies in 2022 (%)
The global Bio-based Platform Chemicals market was valued at US$ 9538.4 million in 2022 and is projected to reach US$ 18310 million by 2029, at a CAGR of 9.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing acceptance of bio-based platform chemicals in industries, stringent government guidelines on conventional petroleum based chemicals and preference towards environmental friendly applications by consumers are main drivers for Bio-based Platform Chemicals market. The evolution of bio-refineries has driven the development of bio-based platform chemicals as an alternative to petrochemicals. Due to increasing government concerns regarding health, the environment and limited fossil resources, there is a growing interest in using sustainable technologies to produce chemicals, plastics, and other products from renewable resources. The bio-based platform chemicals offer great potential for decarbonizing everyday products, allowing everything from running shoe soles to plastics and car parts, to become bio-based. These trends are successful in creating a huge demand for bio-based platform chemicals market. Though 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 regional market with highest growth rate during the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bio-based Platform Chemicals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-based Platform Chemicals Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-based Platform Chemicals Market Segment Percentages, by Type, 2022 (%)
Bio-1,4-Diacid
Bio-Glycerol
Bio-Glutamic Acid
Bio-3-Hydroxypropionic Acid
Bio-Itaconic Acid
Global Bio-based Platform Chemicals Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-based Platform Chemicals Market Segment Percentages, by Application, 2022 (%)
Agriculture
Bio Fuels
Bio Plastics
Food Applications
Industrial Chemicals
Pharmaceutical
Others
Global Bio-based Platform Chemicals Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-based Platform Chemicals Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-based Platform Chemicals revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bio-based Platform Chemicals revenues share in global market, 2022 (%)
Key companies Bio-based Platform Chemicals sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bio-based Platform Chemicals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Cargill Incorporated
DSM
INEOS
PTT Global Chemical Public Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio-based Platform Chemicals, market overview.
Chapter 2: Global Bio-based Platform Chemicals market size in revenue and volume.
Chapter 3: Detailed analysis of Bio-based Platform Chemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bio-based Platform Chemicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bio-based Platform Chemicals capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
