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Global Bio-Based Platform Chemicals Market Is Thriving Worldwide with Top Vendors| Braskem, IP Group plc, GFBiochemicals Ltd., Reverdia, GC Innovation America, Cargill Incorporated, Mitsubishi Chemical Corporation, Ava Biochem BSL AG

The Global Bio-Based Platform Chemicals Market report presents key statistics on the market status of Global and Regional manufacturers and proves to be an important source of guidance and direction for companies and individuals interested in the industry. Global Bio-Based Platform Chemicals Market research report gives answers to many of the critical business questions and challenges. The Global Bio-Based Platform Chemicals Market report provides the company profile, product specifications, capacity, production value, and market shares for each company for the forecast period.

Global Bio-Based Platform Chemicals Market, By Chemical (Bio-1/4-Diacid, Bio-Glycerol, Bio-Glutamic Acid, Bio-3-Hydroxypropionic Acid, Bio-Itaconic Acid), Type (Sugar, Syngas, Biogas, Oil, Algae, Others), Application (Polymers, Fuels, Solvents, Pharmaceuticals, Perfumes, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026

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Global Bio-Based Platform Chemicals Market is expected to rise from its initial estimated value of USD 5.58 billion in 2018 to an estimated value of USD 14.59 billion by 2026, registering a CAGR of 12.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand of the various applicable industries.

Key Market Competitors: 

Few of the major competitors currently working in the bio-based platform chemicals market are Braskem, IP Group plc, GFBiochemicals Ltd., Reverdia, GC Innovation America, Cargill Incorporated, Mitsubishi Chemical Corporation, Ava Biochem BSL AG, LyondellBasell Industries Holdings B.V., Koninklijke DSM N.V., BASF SE, Lucite International, Inneos LLC, Alpha Chemika, DowDuPont, Dairen Chemical Corporation (DCC), PTT Global Chemical Public Company Limited, Novozymes, Prinova Group LLC, Yield10 Bioscience Inc., and Zhejiang Guoguang Biochemistry Co.Ltd.

Key Developments in the Market:

  • In August 2018, LyondellBasell Industries Holdings B.V. announced the completion of its acquisition of A. Schulman, increasing the size and capabilities of various plastics and chemicals industries helping it serve a broader market.
  • In June 2018, LyondellBasell Industries Holdings B.V. announced an agreement to acquire Braskem.

Competitive Analysis: 

Global bio-based platform chemicals market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bio-based platform chemicals market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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Market Segmentation:

  • By Chemical
    • Bio-1/4-Diacid
    • Bio-Glycerol
    • Bio-Glutamic Acid
    • Bio-3-Hydroxypropionic Acid
    • Bio-Itaconic Acid
    • Bio-Succinic Acid
  • By Type
    • Sugar
    • Syngas
    • Biogas
    • Oil
    • Algae
    • Others
  • By Application
    • Polymers
    • Fuels
    • Solvents
    • Pharmaceuticals
    • Perfumes
    • Others
  • By Geography
    • North America
      • US
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific
    • Middle East and Africa
      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

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Market Definition: 

Bio-based platform chemicals can be defined as the method of producing chemicals and materials that are manufactured through the breaking down and processing of bio based materials. This method is used to produce a number of chemicals and materials that have better functionality and have the capabilities of being transformed into a number of other chemicals.

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