North America Bio-Based Chemicals Market 2019-2028

MARKET OUTLOOK

The report by the publisher implies that the North America bio-based chemicals market is expected to showcase a CAGR of 13.72% in the considered years 2019-2028. The United States and Canada outline the market in this region.
In the United States, the government’s plastic ban, coupled with the rising manufacturing and development process of bioplastics by enterprises, is motivating the bio-based chemicals market at a rapid pace. For instance, San Francisco has passed a policy to impose the ban on traditional plastic bags used by large retailers for packaging purposes, as per the constitutional rights foundation. Also, the policy states that the stores can utilize bags composed of recyclable paper or biodegradable plastics. This directly impacts the growth and adoption of bio-based chemicals products, further enhancing the studied market in the United States.

On the other hand, the research and development activities undertaken by government and research institutes are encouraging the growth of the bio-based chemicals market. The initiatives taken by private enterprises are also contributing to the market’s development. According to the International Atomic Energy Agency (IAEA), scientists operating in government research departments are working with IAEA to research and develop bioplastic packaging materials such as biodegradable plastics bags. Based on natural polymers, these packaging materials benefit in facing the challenges of non-biodegradable food wraps, further diminishing the environmental pollution. Such research and development activities by the government help increase the production of bioplastics, advancing the demand for bio-based chemicals.

COMPETITIVE OUTLOOK

Some of the major players in the bio-based chemicals market consists of Corbion NV, Royal DSM NV, Methanex Corporation, Mitsubishi Chemical Corporation, NatureWorks LLC, Cargill Incorporated, and Mitsui & Co Ltd.

1. North America Bio-Based Chemicals Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Agriculture to Be Fastest-Growing Segment
2.2.2. Biofuels Are Market Leader in Terms of Products Segment
2.3. Impact of Covid-19 on Bio-Based Chemicals Market
2.4. Porter's Five Forces Analysis
2.4.1. Threat of New Entrants
2.4.2. Threat of Substitute
2.4.3. Bargaining Power of Buyers
2.4.4. Bargaining Power of Suppliers
2.4.5. Threat of Competitive Rivalry
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Key Impact Analysis
2.7.1. Cost
2.7.2. Availability
2.7.3. Objectives
2.7.4. Alternatives
2.7.5. Environmental Concern
2.8. Market Drivers
2.8.1. Favorable Government Policies Towards Bio-Based Products
2.8.2. Growing Use of Eco-Friendly Products Like Bioplastics
2.8.3. High Market Potential of Bio-Based Chemical Products
2.9. Market Restraints
2.9.1. Cost Constraint
2.10. Market Opportunities
2.10.1. Volatile/Uncertain Crude Oil Prices
2.10.2. Automotive Manufacturers’ Focus on Reducing Carbon Footprint
2.11. Market Challenges
2.11.1. Lack of Supply Chain Model in Raw Materials and Feedstock

3. North America Bio-Based Chemicals Market Outlook - by Type

3.1. Bioplastics
3.1.1. Bio-Degradable
3.1.1.1. Pla
3.1.1.2. Pha
3.1.1.3. Regenerated Cellulose
3.1.1.4. Bio-Degradable Polyester
3.1.1.5. Other Bio-Degradable Plastics
3.1.2. Non-Biodegradable
3.1.2.1. Bio Pet
3.1.2.2. Bio Pe
3.1.2.3. Bio Pa
3.1.2.4. Other Non-Biodegradable Plastics
3.2. Biofuels
3.2.1. Bio-Diesel
3.2.2. Biogas
3.2.3. Solid Biomass

4. North America Bio-Based Chemicals Market Outlook - by End-Users

4.1. Industrial Chemical
4.1.1. Succinic Acid
4.1.2. Alcohol
4.1.3. Bio-Based Dyes
4.1.4. Lactic Acid
4.1.5. Glycerol
4.1.6. Acrylic Acid
4.1.7. Other Industrial Chemicals
4.2. Pharmaceuticals
4.2.1. Enzymes
4.2.2. Amino Acid
4.2.3. Vitamins & Related Compounds
4.2.4. Antibiotics
4.2.5. Other Pharmaceuticals
4.3. Food Products
4.3.1. Alcoholic Beverages
4.3.2. Other Food Products
4.4. Agriculture
4.4.1. Bio-Fertilizers
4.4.2. Biopesticides
4.4.3. Other Agriculture

5. North America Bio-Based Chemicals Market - Regional Outlook

5.1. United States
5.2. Canada

6. Competitive Landscape

6.1. Abengoa Sa
6.2. Basf Se
6.3. Braskem Sa
6.4. Cargill Incorporated
6.5. Corbion Nv
6.6. Danimer Scientific Inc
6.7. Methanex Corporation
6.8. Mitsubishi Chemical Corporation
6.9. Mitsui & Co Ltd
6.10. Natureworks LLC
6.11. Novozymes
6.12. PTT Global Chemical Public Company Limited
6.13. Royal Dsm Nv
6.14. Teijin Limited

7. Research Methodology & Scope

7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

Table List

Table 1: North America Bio-Based Chemicals Market, by Country, 2019-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Some of the Policies Related to Bioplastics in Key Countries
Table 4: Various Initiatives Taken by Different Countries
Table 5: Market Potential in Terms of Chemical by Various Companies
Table 6: World Bio-Based Market Penetration 2010-2025
Table 7: Automotive Manufacturers Using Biopolymers in Their Manufacturing
Table 8: Applications of Glycerol
Table 9: Application of Amino Acids
Table 10: Categories of Alcoholic Beverages
Table 11: Instances of Bio-Fertilizers
Table 12: Benefits of Biopesticides and Its Factors
Table 13: North America Bio-Based Chemicals Market, by Type, 2019-2028 (In $ Million)
Table 14: North America Bio-Based Chemicals Market, by Bioplastics, 2019-2028 (In $ Million)
Table 15: North America Bio-Based Chemicals Market, by Bio-Degradable Plastics, 2019-2028 (In $ Million)
Table 16: North America Bio-Based Chemicals Market, by Non-Biodegradable Plastics, 2019-2028 (In $ Million)
Table 17: North America Bio-Based Chemicals Market, by Biofuels, 2019-2028 (In $ Million)
Table 18: North America Bio-Based Chemicals Market, by End-User, 2019-2028 (In $ Million)
Table 19: North America Bio-Based Chemicals Market, by Industrial Chemicals, 2019-2028 (In $ Million)
Table 20: North America Bio-Based Chemicals Market, by Pharmaceuticals, 2019-2028 (In $ Million)
Table 21: North America Bio-Based Chemicals Market, by Food Products, 2019-2028 (In $ Million)
Table 22: North America Bio-Based Chemicals Market, by Agriculture, 2019-2028 (In $ Million)
Table 23: North America Bio-Based Chemicals Market, by Country, 2019-2028 (In $ Million)

Figure List

Figure 1: Market Attractiveness Index
Figure 2: Key Impact Analysis
Figure 3: Region Wise Production Capability of Bioplastics in 2019 (In %)
Figure 4: Worldwide Crude Oil Price Trend 2009-2018 ($/Barrel)
Figure 5: Worldwide Production of Bioplastics 2018-2024 (In ‘000 Tons)
Figure 6: North America Bio-Based Chemicals Market, by Bioplastics, 2019-2028 (In $ Million)
Figure 7: North America Bio-Based Chemicals Market, by Bio-Degradable, 2019-2028 (In $ Million)
Figure 8: North America Bio-Based Chemicals Market, by Pla, 2019-2028 (In $ Million)
Figure 9: North America Bio-Based Chemicals Market, by Pha, 2019-2028 (In $ Million)
Figure 10: North America Bio-Based Chemicals Market, by Regenerated Cellulose, 2019-2028 (In $ Million)
Figure 11: North America Bio-Based Chemicals Market, by Bio-Degradable Polyester, 2019-2028 (In $ Million)
Figure 12: North America Bio-Based Chemicals Market, by Other Bio-Degradable Plastics, 2019-2028 (In $ Million)
Figure 13: North America Bio-Based Chemicals Market, by Non-Biodegradable, 2019-2028 (In $ Million)
Figure 14: North America Bio-Based Chemicals Market, by Bio Pet, 2019-2028 (In $ Million)
Figure 15: North America Bio-Based Chemicals Market, by Bio Pe, 2019-2028 (In $ Million)
Figure 16: North America Bio-Based Chemicals Market, by Bio Pa, 2019-2028 (In $ Million)
Figure 17: North America Bio-Based Chemicals Market, by Other Non-Biodegradable Plastics, 2019-2028 (In $ Million)
Figure 18: North America Bio-Based Chemicals Market, by Biofuels, 2019-2028 (In $ Million)
Figure 19: North America Bio-Based Chemicals Market, by Bio-Diesel, 2019-2028 (In $ Million)
Figure 20: North America Bio-Based Chemicals Market, by Biogas, 2019-2028 (In $ Million)
Figure 21: North America Bio-Based Chemicals Market, by Solid Biomass, 2019-2028 (In $ Million)
Figure 22: North America Bio-Based Chemicals Market, by Industrial Chemical, 2019-2028 (In $ Million)
Figure 23: North America Bio-Based Chemicals Market, by Succinic Acid, 2019-2028 (In $ Million)
Figure 24: North America Bio-Based Chemicals Market, by Alcohol, 2019-2028 (In $ Million)
Figure 25: North America Bio-Based Chemicals Market, by Bio-Based Dyes, 2019-2028 (In $ Million)
Figure 26: North America Bio-Based Chemicals Market, by Lactic Acid, 2019-2028 (In $ Million)
Figure 27: North America Bio-Based Chemicals Market, by Glycerol, 2019-2028 (In $ Million)
Figure 28: North America Bio-Based Chemicals Market, by Acrylic Acid, 2019-2028 (In $ Million)
Figure 29: North America Bio-Based Chemicals Market, by Other Industrial Chemicals, 2019-2028 (In $ Million)
Figure 30: North America Bio-Based Chemicals Market, by Pharmaceuticals, 2019-2028 (In $ Million)
Figure 31: North America Bio-Based Chemicals Market, by Enzymes, 2019-2028 (In $ Million)
Figure 32: North America Bio-Based Chemicals Market, by Amino Acid, 2019-2028 (In $ Million)
Figure 33: North America Bio-Based Chemicals Market, by Vitamins & Related Compounds, 2019-2028 (In $ Million)
Figure 34: North America Bio-Based Chemicals Market, by Antibiotics, 2019-2028 (In $ Million)
Figure 35: North America Bio-Based Chemicals Market, by Other Pharmaceuticals, 2019-2028 (In $ Million)
Figure 36: North America Bio-Based Chemicals Market, by Food Products, 2019-2028 (In $ Million)
Figure 37: North America Bio-Based Chemicals Market, by Alcoholic Beverages, 2019-2028 (In $ Million)
Figure 38: North America Bio-Based Chemicals Market, by Other Food Products, 2019-2028 (In $ Million)
Figure 39: North America Bio-Based Chemicals Market, by Agriculture, 2019-2028 (In $ Million)
Figure 40: North America Bio-Based Chemicals Market, by Bio-Fertilizers, 2019-2028 (In $ Million)
Figure 41: North America Bio-Based Chemicals Market, by Biopesticides, 2019-2028 (In $ Million)
Figure 42: North America Bio-Based Chemicals Market, by Other Agriculture, 2019-2028 (In $ Million)
Figure 43: North America Bio-Based Chemicals Market, Regional Outlook, 2019 and 2028 (In %)
Figure 44: United States Bio-Based Chemicals Market 2019-2028 (In $ Million)
Figure 45: Canada Bio-Based Chemicals Market 2019-2028 (In $ Million)