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Bio-Based Platform Chemicals Market Rising Technology Trends & Forecast to 2028

The report on Bio-Based Platform Chemicals aims to provide a thorough overview of various growth dynamics, including key drivers and limiting factors, customer or end-user patterns, and new avenues. The analysis includes statistics related to the revenue shares of key regions in the global market for Bio-Based Platform Chemicals and factors affecting the growth of this market during the forecast period.

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Quince Market Insights

According to the latest report by Quince Market Insights, due to increased awareness and high demand for bio products in recent years, the bio-based platform chemicals market is expected to pledge high growth. Increasing demand from the cosmetics, pharmaceutical, food & beverage, and other end-use industries is expected to drive market growth.

Growing polymer and bio plastics industry is expected to increase the demand of bio-based chemicals product over the forecast period. Bio-based chemicals are gaining popularity over petroleum-based chemicals because of increasing environmental concerns.

Bio-based platform chemicals are a group of chemicals that are derived from sugar through the biological conversion process. This group of chemicals contains molecules with a variety of functional groups that carry the potential for transformation into a variety of other high-value chemicals.

Furthermore, the emergence of modern fermentation techniques along with increased production capacity is expected to boost the demand for the product. Bio-derived organic acids, polymers, and alcohols are used for a wide variety of applications, including surfactants, solvents, plasticizers, paints & coatings, and lubricants.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. DSM
2. Cargill
3. Bio-Amber Inc.
4. Myriant Corporation
5. Succinity GmbH
6. Novozymes
7. Cargill Incorporated DSM

Segmentation for better understanding of this market and its growth prospects:

Global bio-based platform chemicals market has been segmented based on, by type (C3, C4, C5, C6), by end-use industry (cosmetic, pharmaceutical, food & beverage and others) and by region.
Consumption of bio-based C3 type platform chemicals has been the highest in volume in recent years, owing to increased adoption of bio-based glycerol worldwide, as it is comparatively cheaper and manufactured as a by-product during the production of bio-diesel. Hence, the chemical platform demand for C3 is directly associated with biodiesel production.

Some of the key Impact Factors:
o Depletion of natural resources
o Increasing awareness and increasing demand for bioproducts
o Government regulations for eco-friendly products

Regional segmentation and analysis to understand growth patterns:

Based on the region, the bio-based platform chemicals market has been segmented into North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World.

Some of the major markets in North America and Western Europe are also typical suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. In designing the green alternatives in these areas, preference for bio-based feedstock has been instrumental. In addition, regulatory bodies have placed strict guidelines on environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western European region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, etc.

The Asia Pacific region is expected to show significant growth in the bio-based chemical platform market. This demand is for the growth of major end-use industries including cosmetics, pharmaceutical, food & beverage, and others. Major Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc.

Market Segmentation:

By Type:
C3
C4
C5
C6

By End-Use Industry:
Cosmetic
Pharmaceutical
Food & Beverage
Others

By Region:
North America
By Country (US, Canada, Mexico)
By Type
By End-Use Industry
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By End-Use Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By End-Use Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By End-Use Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By End-Use Industry
Rest of the World
By Region (South America, Africa)
By Type
By End-Use Industry

Reasons to buy this report:
o Market size estimation of bio-based platform chemicals market on a regional and global basis
o The unique research design for market size estimation and forecasts
o Profiling of the major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet the specific requirements:
o By segment
o By sub-segment
o By region/ country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +1 208 405 2835 /+441444390986 /+91 706 672 4848
Email: [email protected]
Web: www.quincemarketinsights.com

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