Reports
Global Bio-Based Platform Chemicals Market Size, Forecast: By Product Type: Bio Glycerol, Bio Glutamic Acid, Bio Itaconic Acid, Bio-3-Hydroxypropionic Acid, Bio Succinic Acid, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Bio-Based Platform Chemicals Market Outlook
The global bio-based platform chemicals market is anticipated to grow at a CAGR of 8.5% during the forecast period of 2024-2032. Strict public regulations and increased customer acceptance of environmentally friendly products are important factors driving the development of the bio-based platform chemicals industry.
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Market Segmentation
Bio-based chemical platforms constitute twelve (one not yet marketed) building block chemicals that can be manufactured from sugar through biological conversions. The group includes molecules with distinct functional groups that hold the potential to be transformed into other high-value chemicals. On the basis of types, the global bio-based platform chemicals market can be segmented as:
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- Bio Glycerol
- Bio Glutamic Acid
- Bio Itaconic Acid
- Bio-3-Hydroxypropionic Acid
- Bio Succinic Acid
- Others
The EMR report looks into the regional bio-based platform chemicals markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
Due to the growing awareness and rising environmental concern among consumers, the demand for environmental-friendly products has increased, which is aiding the bio-based platform chemicals market. Since the past few years, the market for bio-based platform chemicals has seen tremendous development owing to factors like favourable government policies and regulatory drives, fluctuation in crude oil prices, and increased use of bio-based products. Supply chain issues and price volatility of raw materials are the constraints for this market, which may hamper its growth during the forecast period.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global bio-based platform chemicals market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Genomatica, Inc.
- WR Grace & Co-Conn
- BASF SE (OTCMKTS: BASFY)
- Corbion
- Rennovia, Inc.
- DuPont Tate & Lyle Bio Products Company, LLC
- Braskem
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Region |
| Breakup by Product Type | Bio Glycerol, Bio Glutamic Acid, Bio Itaconic Acid, Bio-3-Hydroxypropionic Acid, Bio Succinic Acid, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Genomatica, Inc., WR Grace & Co-Conn, BASF SE [BAS (ETR)], Corbion [CRBN (AMS)], Rennovia, Inc., DuPont Tate & Lyle Bio Products Company, LLC, Braskem [BRKM5 (BVMF)], Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Bio-Based Platform Chemicals Market Analysis
8.1 Key Industry Highlights
8.2 Global Bio-Based Platform Chemicals Historical Market (2018-2023)
8.3 Global Bio-Based Platform Chemicals Market Forecast (2024-2032)
8.4 Global Bio-Based Platform Chemicals Market by Product Type
8.4.1 Bio Glycerol
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Bio Glutamic Acid
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Bio Itaconic Acid
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Bio-3-Hydroxypropionic Acid
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Bio Succinic Acid
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Bio-Based Platform Chemicals Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.8 Middle East and Africa
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
9 North America Bio-Based Platform Chemicals Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Bio-Based Platform Chemicals Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Bio-Based Platform Chemicals Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Bio-Based Platform Chemicals Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Bio-Based Platform Chemicals Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Genomatica, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 W.R Grace and Co.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 BASF SE
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Corbion N.V
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 DuPont Tate and Lyle Bio Products Company, LLC
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Braskem S.A
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Rennovia, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Bio-Based Platform Chemicals Market: Key Industry Highlights, 2018 and 2032
2. Global Bio-Based Platform Chemicals Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Bio-Based Platform Chemicals Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Bio-Based Platform Chemicals Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Bio-Based Platform Chemicals Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Bio-Based Platform Chemicals Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 8.5% between 2024 and 2032.
The major drivers of the industry include rising population, strict public regulations, and increased customer acceptance of environmentally friendly products.
The growing awareness and rising environmental concern among consumers is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of Bio-based platforms chemicals available are bio glycerol, bio glutamic acid, bio itaconic acid, bio-3-hydroxypropionic acid, and bio succinic acid, amongst others.
The leading players in this market are Genomatica, Inc., WR Grace & Co-Conn, BASF SE (OTCMKTS: BASFY), Corbion, Rennovia, Inc., DuPont Tate & Lyle Bio Products Company, LLC, and Braskem, amongst others.
Analyst Review
The global bio-based platform chemicals market was driven by strict public regulations and increased customer acceptance of environmentally friendly products. Aided by growing awareness and rising environmental concern among consumers, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.5%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the bio-based platform chemicals market can be segmented into bio glycerol, bio glutamic acid, bio itaconic acid, bio-3-hydroxypropionic acid, and bio succinic acid, amongst others. The major regional markets for bio-based platforms chemicals are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Genomatica, Inc., WR Grace & Co-Conn, BASF SE (OTCMKTS: BASFY), Corbion, Rennovia, Inc., DuPont Tate & Lyle Bio Products Company, LLC, and Braskem, amongst others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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