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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); SWOT Analysis; Porter’s Five Forces 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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Properties and Applications

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, EMR’s 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
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Bio-Based Platform Chemicals Market Analysis
    6.1    Global Bio-Based Platform Chemicals Market (2017-2021) & Forecast (2022-2027)
    6.2    Global Bio-Based Platform Chemicals Market Breakup by Product Type
        6.2.1    Bio Glycerol
        6.2.2    Bio Glutamic Acid
        6.2.3    Bio Itaconic Acid
        6.2.4    Bio-3-Hydroxypropionic Acid
        6.2.5    Bio Succinic Acid    
        6.2.6    Others
    6.3    Global Bio-Based Platform Chemicals Market Breakup by Product Type: Historical Market (2017-2021) & Forecast (2022-2027)
        6.3.1    Bio Glycerol
        6.3.2    Bio Glutamic Acid
        6.3.3    Bio Itaconic Acid
        6.3.4    Bio-3-Hydroxypropionic Acid
        6.3.5    Bio Succinic Acid    
        6.3.6    Others
    6.4    Global Bio-Based Platform Chemicals Market by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Global Bio-Based Platform Chemicals Market by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Genomatica, Inc.
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    WR Grace & Co-Conn
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3     BASF SE [BAS (ETR)]
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Corbion [CRBN (AMS)]
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Rennovia, Inc.  
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    DuPont Tate & Lyle Bio Products Company, LLC    
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Braskem [BRKM5 (BVMF)]
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Others
10    Industry Events and Developments

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 8.5% between 2021 and 2026.

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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