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Bio-Based Platform Chemicals: Global Strategic Business Report

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    Report

  • 193 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139468

Global Bio-Based Platform Chemicals Market to Reach $9.7 Billion by 2030

The global market for Bio-Based Platform Chemicals estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$9.7 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2022-2030. Bio-1 4 Diacids, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bio-Glycerol segment is readjusted to a revised 8.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9% CAGR

The Bio-Based Platform Chemicals market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.

Select Competitors (Total 43 Featured) -

  • BioAmber, Inc.
  • Cargill, Inc.
  • Dow, Inc.
  • DuPont de Nemours, Inc.
  • GFBiochemicals Europe (The Netherlands
  • Koninklijke DSM NV
  • Myriant Corporation
  • Novozymes A/S
  • Prinova Group LLC.
  • Succinity GmbH
  • Yield10 Bioscience, Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Bio-Based Platform Chemicals

What is the estimated value of the Global Market for Bio-Based Platform Chemicals?

The Global Market for Bio-Based Platform Chemicals was estimated to be valued at $4.6 Billion in 2022.

What is the growth rate of the Global Market for Bio-Based Platform Chemicals?

The growth rate of the Global Market for Bio-Based Platform Chemicals is 9.8%, with an estimated value of $9.7 Billion by 2030.

What is the forecasted size of the Global Market for Bio-Based Platform Chemicals?

The Global Market for Bio-Based Platform Chemicals is estimated to be worth $9.7 Billion by 2030.

Who are the key companies in the Global Market for Bio-Based Platform Chemicals?

Key companies in the Global Market for Bio-Based Platform Chemicals include BioAmber, Inc., Cargill, Inc., Dow, Inc., DuPont de Nemours, Inc., GFBiochemicals Europe (The Netherlands, Koninklijke DSM NV, Myriant Corporation, Novozymes A/S, Prinova Group LLC. and Succinity GmbH.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Bio-based Platform Chemicals - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Bio-Based Platform Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Bio-Based Platform Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Bio-Based Platform Chemicals Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 5: World Recent Past, Current & Future Analysis for Bio-1 4 Diacids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Bio-1 4 Diacids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Bio-1 4 Diacids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Bio-Glycerol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Bio-Glycerol by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Bio-Glycerol by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Bio-Glutamic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Bio-Glutamic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Bio-Glutamic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Bio-3-HPA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Bio-3-HPA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Bio-3-HPA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Bio-Itaconic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Bio-Itaconic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Bio-Itaconic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: USA Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: USA 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
CANADA
  • Table 23: Canada Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: Canada Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: Canada 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
JAPAN
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 26: Japan Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Japan Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: Japan 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
CHINA
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 29: China Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 30: China Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: China 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
EUROPE
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 32: Europe Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Bio-Based Platform Chemicals by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Bio-Based Platform Chemicals by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 35: Europe Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: Europe Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: Europe 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
FRANCE
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 38: France Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: France Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: France 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
GERMANY
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 41: Germany Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: Germany Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Germany 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
ITALY
  • Table 44: Italy Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: Italy Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: Italy 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 47: UK Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: UK Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: UK 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 50: Rest of Europe Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Rest of Europe Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: Rest of Europe 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Bio-Based Platform Chemicals Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Asia-Pacific Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Asia-Pacific 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
REST OF WORLD
  • Table 56: Rest of World Recent Past, Current & Future Analysis for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 57: Rest of World Historic Review for Bio-Based Platform Chemicals by Type - Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 58: Rest of World 16-Year Perspective for Bio-Based Platform Chemicals by Type - Percentage Breakdown of Value Sales for Bio-1 4 Diacids, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-HPA and Bio-Itaconic Acid for the Years 2014, 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BioAmber, Inc.
  • Cargill, Inc.
  • Dow, Inc.
  • DuPont de Nemours, Inc.
  • GFBiochemicals Europe (The Netherlands
  • Koninklijke DSM NV
  • Myriant Corporation
  • Novozymes A/S
  • Prinova Group LLC.
  • Succinity GmbH
  • Yield10 Bioscience, Inc.