+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Bio-based Platform Chemicals Market (2021-2027) by Type and Geography, Impact of Covid-19, Ansoff Analysis

  • ID: 5451187
  • Report
  • June 2021
  • Region: Global
  • 180 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • BASF SE
  • Braskem
  • DowDuPont
  • GF Biochemicals
  • Metabolix, Inc.
  • Novozymes
The Global Bio-based Platform Chemical Market is estimated to be USD 14.4 Bn in 2021 and is expected to reach USD 29.35 Bn by 2027 growing at a CAGR of 12.6%.



Chemicals are manufactured through various processing techniques with the help of bio-mass. Certain chemicals which convert biomass to fuels, heat, power and other value added chemicals through their conversion process are known as platform chemicals. The platform chemicals which are derived from the feed-stocks of biomass are known as bio based platform chemicals. The bio-based platform chemicals usually have a wide application in manufacturing industries thus the scope of this market is extensive by nature. These products serve as a suitable alternative to conventional chemicals as they help in reducing the growing dependence on fossil fuels.

As these chemicals have their implications across industry wide domains, and companies are adapting themselves towards sustainable products, the market for bio-based platform chemicals is growing. Alternatively, the production costs associated in comparison to the conventional resources hamper the growth of this market.

Market Dynamics


Drivers

  • Availability of low-cost feedstock
  • Application in diverse manufacturing industries
  • Limited reserves of non-renewable resources
  • Favourable Government Regulations

Restraints

  • High Production Costs
  • Shortage of raw material
  • High competition faced from oil-based platform chemicals
  • Fluctuations in crude oil prices

Opportunities

  • Increasing demand in the pharmaceutical Industry
  • Rise in technological modification

Trends

  • Rapid rise in the demand for sustainable materials

Segments Covered

By Geography, North America leads the market in terms of large market. The Global Bio-Based Platform Chemical Market is segmented on the basis of type of chemicals and geography.

Global Bio-Based Platform Chemical Market, By Type

  • C-3 Platform Chemicals
  • Glycerol
  • Hydroxypropionic Acid
  • Propionic Acid
  • Lactic Acid
  • C-4 Platform Chemicals
  • Butyric Acid
  • Succinic Acid
  • Fumaric Acid
  • Malic Acid
  • Aspartic Acid
  • C-5 Platform Chemicals
  • Levulinic Acid
  • Glutamic Acid
  • Itaconic Acid
  • Xylitol
  • C-6 Platform Chemicals
  • Sorbitol
  • Glucaric Acid
  • 2, 5-Furan Dicarboxylic Acid

Global Bio-Based Platform Chemical Market, By Applications

  • Introduction
  • Agriculture
  • Bio Fuels
  • Bio Plastics
  • Food Applications
  • Industrial Chemicals
  • Pharmaceuticals
  • Other Applications

Global Bio-Based Platform Chemical Market, By Geography

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Company Profiles

Some of the companies covered in this report are Succinity GmbH, Bio-Amber Inc., Myriant Corporation, Novozymes, Cargill Incorporated, DSM, Metabolix Inc., GF Biochemical etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Bio-based Platform Chemicals Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

  • The report also contains the competitive analysis using the Competitive Quadrant, the publisher’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Bio-based Platform Chemicals Market

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

The Global Bio-based Platform Chemicals Market was estimated to be valued at $14.4 Billion in 2021.

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

The growth rate of the Global Bio-based Platform Chemicals Market is 12.6%, with an estimated value of $29.4 Billion by 2027.

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

The Global Bio-based Platform Chemicals Market is estimated to be worth $29.4 Billion by 2027.

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

Key companies in the Global Bio-based Platform Chemicals Market include Succinity GmbH, Bio, Amber Inc., Myriant Corporation, Novozymes, Cargill, Inc., DSM, Metabolix, Inc. and E.I. du Pont de Nemours and Company.

FEATURED COMPANIES

  • BASF SE
  • Braskem
  • DowDuPont
  • GF Biochemicals
  • Metabolix, Inc.
  • Novozymes

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Trends
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Bio-Based Platform Chemical Market, By Type
6.1 Introduction
6.2 C-3 Platform Chemicals
6.2.1 Glycerol
6.2.2 Hydroxypropionic Acid
6.2.3 Propionic Acid
6.2.4 Lactic Acid
6.3 C-4 Platform Chemicals
6.3.1 Butyric Acid
6.3.2 Succinic Acid
6.3.3 Fumaric Acid
6.3.4 Malic Acid
6.3.5 Aspartic Acid
6.4 C-5 Platform Chemicals
6.4.1 Levulinic Acid
6.4.2 Glutamic Acid
6.4.3 Itaconic Acid
6.4.4 Xylitol
6.5 C-6 Platform Chemicals
6.5.1 Sorbitol
6.5.2 Glucaric Acid
6.5.3 2, 5-Furan Dicarboxylic Acid
7 Global Bio-Based Platform Chemical Market, By Applications
7.1 Introduction
7.2 Agriculture
7.3 Bio Fuels
7.4 Bio Plastics
7.5 Food Applications
7.6 Industrial Chemicals
7.7 Pharmaceuticals
7.8 Other Applications
8 Global Bio-Based Platform Chemical Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 South America
8.3.1 Brazil
8.3.2 Argentina
8.4 Europe
8.4.1 UK
8.4.2 France
8.4.3 Germany
8.4.4 Italy
8.4.5 Rest of Europe
8.5 Asia-Pacific
8.5.1 China
8.5.2 Japan
8.5.3 India
8.5.4 Australia
8.5.5 Rest of APAC
8.6 Middle East and Africa
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 Agreements, Collaborations, & Partnerships
9.3.3 New Product Launches & Enhancements
9.3.4 Investments & Fundings
10 Company Profiles
10.1 Succinity GmbH
10.2 Bio-Amber Inc.
10.3 Myriant Corporation
10.4 Novozymes
10.5 Cargill, Inc.
10.6 DSM
10.7 Metabolix, Inc.
10.8 GF Biochemicals
10.9 E.I. du Pont de Nemours and Company
10.10 Prinova LLC
10.11 BASF SE
10.12 Parchem fine & specialty chemicals Inc.
10.13 DowDuPont
10.14 Koninklijke DSM N.V
10.15 Braskem
11 Appendix
11.1 Questionnaire
  • Succinity GmbH
  • Bio-Amber Inc.
  • Myriant Corporation
  • Novozymes
  • Cargill, Inc.
  • DSM
  • Metabolix, Inc.
  • GF Biochemicals
  • E.I. du Pont de Nemours and Company
  • Prinova LLC
  • BASF SE
  • Parchem fine & specialty chemicals Inc.
  • DowDuPont
  • Koninklijke DSM N.V
  • Braskem