Key Highlights
- Chemicals that are produced from renewable sources such as agricultural feedstock, agricultural & organic wastes, and biomass are termed as renewable chemicals. Renewable chemicals are widely used as direct substitutes for petro-based chemicals due to their lower carbon footprint.
- The Asia-Pacific renewable chemicals market had total revenues of $104.4 billion in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
- The fine chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $37.7 billion, equivalent to 36.1% of the market's overall value.
- Asia-Pacific accounted for a 34.7% share of the global renewable chemicals market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable chemicals market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable chemicals market in Asia-Pacific
- Leading company profiles reveal details of key renewable chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific renewable chemicals market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific renewable chemicals market by value in 2023?
- What will be the size of the Asia-Pacific renewable chemicals market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific renewable chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's renewable chemicals market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Indorama Ventures PCL
- Mitsubishi Chemical Group Corporation
- BASF SE
- Saudi Basic Industries Corporation