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Global Bio-Based Platform Chemicals Market: By Product Type: Bio Glycerol, Bio Glutamic Acid, Bio Itaconic Acid, Bio-3-Hydroxypropionic Acid, Bio Succinic Acid, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

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 2022-2027. Strict public regulations and increased customer acceptance of environmentally friendly products are important factors driving the development of the bio-based platform chemicals industry.

 

 Global Bio-Based Platform Chemicals Market

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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:

 

 Global Bio-Based Platform Chemicals Market By Type

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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.

 

 Global Bio-Based Platform Chemicals Market By Region

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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.

 

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 2020
Historical Period 2017-2021
Forecast Period 2022-2027
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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Bio-Based Platform Chemicals Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Bio-Based Platform Chemicals Historical Market (2017-2021)
    8.3    Global Bio-Based Platform Chemicals Market Forecast (2022-2027)
    8.4    Global Bio-Based Platform Chemicals Market by Product Type
        8.4.1    Bio Glycerol
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Bio Glutamic Acid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Bio Itaconic Acid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Bio-3-Hydroxypropionic Acid
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Bio Succinic Acid
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Others
    8.5    Global Bio-Based Platform Chemicals Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Genomatica, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    W.R Grace and Co.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     BASF SE
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Corbion N.V
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    DuPont Tate and Lyle Bio Products Company, LLC
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Braskem S.A
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Rennovia, Inc.  
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Bio-Based Platform Chemicals Market: Key Industry Highlights, 2017 and 2027
2.    Global Bio-Based Platform Chemicals Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Bio-Based Platform Chemicals Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Bio-Based Platform Chemicals Historical Market: Breakup by Region (USD Million), 2017-2021
5.    Global Bio-Based Platform Chemicals Market Forecast: Breakup by Region (USD Million), 2022-2027
6.    North America Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2017-2021
7.    North America Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2022-2027
8.    Europe Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2017-2021
9.    Europe Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Asia Pacific Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Asia Pacific Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Latin America Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Latin America Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Middle East and Africa Bio-Based Platform Chemicals Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Middle East and Africa Bio-Based Platform Chemicals Market Forecast: Breakup by Country (USD Million), 2022-2027
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 2022 and 2027.

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 2022-2027, 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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