Renewable Chemicals - Global Strategic Business Report

Report
1128 Pages
March 2024
Region: Global
Global Industry Analysts, Inc
ID: 1946793

The global market for Renewable Chemicals is estimated at US$89.5 Billion in 2023 and is projected to reach US$195.6 Billion by 2030, growing at a CAGR of 10.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Ethanol segment, which is expected to reach US$149 Billion by 2030 with a CAGR of 10.2%. The Ketones segment is also set to grow at 9% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $29.9 Billion in 2023, and China, forecasted to grow at an impressive 14% CAGR to reach $18.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Renewable Chemicals Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Renewable Chemicals Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Renewable Chemicals Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Ajinomoto Co., Inc., Aemetis, Inc., A.B. Enterprises, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 314 Featured):

Ajinomoto Co., Inc.
Aemetis, Inc.
A.B. Enterprises
ADDCON GmbH
Air Liquide Engineering & Construction
A.M Food Chemical Co., Ltd.
Advanced Fuel Solutions, Inc.
Agrana Beteiligungs-AG
Akro-Plastic GmbH
Altivia
Abengoa SA
Advance Bio Material P. Ltd.
ACE Ethanol LLC
Adkins Energy LLC
Alco Group

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Competitive Landscape
Renewable Chemicals - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Renewable Chemicals: An Introduction
Applications of Renewable Chemicals
Select Renewable Chemicals and their Applications
Feedstock Options for Renewable Chemicals
Key Renewable Chemicals Technologies
Types of Manufacturing Processes
Renewable Chemicals: Eco-Friendly, Sustainable and Clean Alternatives to Conventional Chemicals
Chemical Industry Transition towards Green Chemicals and the Opportunities Ahead
Sustainability Commitments on the Rise, Set to Benefit Bio-Based Materials and Chemicals
Regional Market Analysis
Developing Countries to Spearhead Future Growth
Recent Market Activity
Market Challenges
Standard Measurement Frameworks: A Key Requirement for Green Investment

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Increasing Focus on Environment Friendly Chemicals: A Strong Growth Driver
Annual Greenhouse Gas Emission Savings by Bio-based Chemical (t CO2/t of product))
Synthetic Biology Gains Significance in Production of Bio-Based Chemicals and Biofuels
Biorefineries Claim Higher Sustainability Credentials over Traditional Counterparts
Pathways Distribution for Biorefineries
Biorefineries face Disruption Amid the pandemic
Renewable Technology Advancements Spearhead Growth
Industrial Biotechnology for Developing Renewable Chemicals
Biomass: The Largest Renewable Resource
Industrially Useful Chemicals that are Best Synthesized from Biomass
Biomass-to-Chemicals Conversion: Challenges to Reckon with
Researchers Eye on Conversion of Renewable Biomass to N-Acetylglucosamine
Lignin A Fast Growing Renewable Feedstocks
Increasing Usage in Aromatic Fine Chemicals Production Drives Demand for Lignin
Renewable Chemicals and Biofuels: Essential for Securing Future Energy Needs
India Updates Biofuel Policy with New Amendments to Fast-Track Ethanol Blending Goal
Excessive Dependence on Crude Oil: A Fundamental Growth Driver
Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2023
Ethanol Spearheads Renewable Chemicals Market Growth
Pandemic Impact on Ethanol Industry
Mixed Outlook for the US Ethanol
Corn & Ethanol Prices in US
Average Production of Fuel Ethanol in the US (in kilo barrels per day): 2020-2023
Average Ethanol Blending in the US (in kilo barrels per day): 2020-2023
Unavailability of Reliable, Exclusive Feedstock: A Major Challenge
Non-Edible Oilseed Crops for Biofuel Production
Favorable Policies to Augment Demand
Biofuel Wastes: A Potential Renewable Feedstock
Synthesis of Acetic Acid from Bio-based Materials Gathers Momentum
Coatings: An Emerging Market
Bio-Epichlorohydrin: A Niche Renewable Chemical
Expanding Scope of Renewable Methanol as Alternative Fuel
Renewable Platform Chemicals Witness Strong Growth in Demand
Global Renewable Platform Chemicals by Type (in %) for 2023
Itaconic Acid: Fully Sustainable and One of the Most Promising Platform Chemicals
Global Itaconic Acid Market Breakdown by Application (in %) for 2023
Succinic Acid: Renewable Chemical with Huge Market Potential
Carbon Dioxide Emissions (in Tons) Per Ton of Succinic Acid
Growth in Bio-Succinic Acid Market Led by Compelling Attributes
Cost Structure for Bio-Succinic Acid
Recent Progress on Bio-Succinic Acid Production from Lignocellulosic Biomass
Biosuccinic Acid Finds Application as a Chemical Building Block for Polyurethane
Succinic Acid Market by Application (in %) for 2023
Spiraling Demand for Renewable Polymers Strengthens Market Prospects
Average Biomass Content in Select Renewable Polymers
Global Bioplastics & Biopolymers Market by Application (%) for 2023
Bioplastics and Biopolymers: The Next Step Forward to Plastics Innovation & Sustainability
Activity Brewing in Select Biopolymers Space
Mitigating Issues with Starch-based Biopolymers
Global Production Capacity of Bioplastics: Percentage Share Breakdown by Material Type for 2023
Key Challenges & Issues Hampering Widespread Adoption of Renewable Chemicals
Renewable Chemicals: An Uphill Task for Producers
Market Barriers
END-USE APPLICATION INDUSTRIES: A MACRO PERSPECTIVE
Revival in Automobile Production and Tightening of Regulations to Drive Consumption
Automotive Applications of Renewable Chemicals: Percentage Breakdown by Application for 2023
Global Automobile Production (In Million Units) for the Years 2011 - 2023
Revival in Automobile Production and Tightening of Regulations to Drive Consumption
Demand for Renewable Chemicals from Consumer Healthcare Sector Goes Up
Consumer Healthcare Applications of Renewable Chemicals: Percentage Breakdown by Application for 2023
Food Industry Shows Interest in Renewable Feedstock
Food & Beverage Applications of Renewable Chemicals: Percentage Breakdown by Application for 2023
Renewable Chemicals in Garments and Textiles
Garments & Textile Applications of Renewable Chemicals: Percentage Breakdown by Application for 2023
Environment Related Applications of Renewable Chemicals
Environment-Related Applications of Renewable Chemicals: Percentage Breakdown by Application for 2023
Construction: An Emerging End-Use Market for Renewable Materials

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Renewable Chemicals Market Analysis of Annual Sales in US$ Million for Years 2016 through 2030
Table 2: World Recent Past, Current & Future Analysis for Renewable Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Renewable Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 4: World 14-Year Perspective for Renewable Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Ethanol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Ethanol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 7: World 14-Year Perspective for Ethanol by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Ketones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Ketones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 10: World 14-Year Perspective for Ketones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Bio Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Bio Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 13: World 14-Year Perspective for Bio Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Platform Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Platform Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 16: World 14-Year Perspective for Platform Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 19: World 14-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Biomass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Biomass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 22: World 14-Year Perspective for Biomass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 23: World Recent Past, Current & Future Analysis for Corn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 24: World Historic Review for Corn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 25: World 14-Year Perspective for Corn by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 26: World Recent Past, Current & Future Analysis for Sugarcane by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 27: World Historic Review for Sugarcane by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 28: World 14-Year Perspective for Sugarcane by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 29: World Recent Past, Current & Future Analysis for Algae by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 30: World Historic Review for Algae by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 31: World 14-Year Perspective for Algae by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 32: World Recent Past, Current & Future Analysis for Other Feedstocks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 33: World Historic Review for Other Feedstocks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 34: World 14-Year Perspective for Other Feedstocks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 35: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 36: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 37: World 14-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 38: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 39: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 40: World 14-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 41: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 42: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 43: World 14-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 44: World Recent Past, Current & Future Analysis for Petrochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 45: World Historic Review for Petrochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 46: World 14-Year Perspective for Petrochemical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 47: World Recent Past, Current & Future Analysis for Textiles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 48: World Historic Review for Textiles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 49: World 14-Year Perspective for Textiles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 50: World Recent Past, Current & Future Analysis for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 51: World Historic Review for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 52: World 14-Year Perspective for Agriculture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
Table 53: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 54: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2016 through 2022 and % CAGR
Table 55: World 14-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Renewable Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADAJAPANCHINA

EUROPE

Renewable Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFICAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Ajinomoto Co., Inc.
Aemetis, Inc.
A.B. Enterprises
ADDCON GmbH
Air Liquide Engineering & Construction
A.M Food Chemical Co., Ltd.
Advanced Fuel Solutions, Inc.
Agrana Beteiligungs-AG
Akro-Plastic GmbH
Altivia
Abengoa SA
Advance Bio Material P. Ltd.
ACE Ethanol LLC
Adkins Energy LLC
Alco Group

Table Information

Report Attribute	Details
No. of Pages	1128
Published	March 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 89.5 Billion
Forecasted Market Value ( USD ) by 2030	$ 195.6 Billion
Compound Annual Growth Rate	10.3%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 314 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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