According to a recently published report, the RenewableChemicals Manufacturing, technology Market isexpected to grow at the CAGR of 12.71% during 2015-2022. The globalRenewable Chemicals Manufacturing technology market is segmented onthe basis of raw materials, product type, application and geography.The report on global renewable chemicals manufacturing technologymarket forecast 2015-2022 provides detailed overview and predictiveanalysis of the market.
There are many factors leading to the growth of the market such asrising demand of the products that are eco-friendly in nature. Theproducts are available in quite large amount and that too at a lowcost. This factor is one of the major reasons for the high acceptanceof the product across various regions. Also there are many governmentand non-government agencies working for the research and developmentin the field. This is leading to various technological innovationsand advancements in the field as a result better renewable productsare entering into the market. Also, an increase in the popularity ofplatforms and biopolymers can be seen. Along with these there aremany opportunities which can make the future market of the renewablechemicals even more promising such as improving yield due to chemicalconversions and also the collaboration with various universities areexpected to be a promising step for the market growth.
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Some of the features acting as the restraint for the market arevarious production and cost issues and trade off with vital resourcesis also hindering the growth of the market.
Some of thecompanies of the industries are BASF SE, Braskem, BiomethanolChemieNederland B.V., Dupont Tate & Lyle Bio Products Company, LLC,Mitsubishi Chemical Corp. etc.
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Scope of the report
1. Global Renewablechemicals market by raw materials 2012 – 2022 ($ billion)
1.3. Sugar Beet
1.6. Vegetable Oils
1.7. Coconut, Palm Oil, andPalm Kernel Oil
1.8. Castor Oil
- Global Renewable chemicals market by product type 2012 – 2022 ($ billion)
2.1. Bio-Based Chemicals
2.1.2. Organic acids
2.2. Platform chemicals
2.2.2. 2, 5- Furan Dicarboxylic Acid
2.2.3. 2, 5- Furan Dicarboxylic Acid
2.2.4. 3-Hydroxypropionic Acid
2.2.5. Aspartic Acid
2.2.6. Levulinic Acid
2.2.7. Itaconic Acid
2.2.8. Glucaric Acid
2.2.9. Glutamic Acid
2.3.1. Polylactic Acid (PLA)
2.3.2. Starch Blends
2.3.3. Regenerated Cellulose
2.3.5. Polyhydroxyalkanoates (PHA)
2.3.8. Polyvinyl Acetate
2.3.9. Polyamino Acids
2.3.10. Polyglycolic Acid
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Global Renewable chemicals market by application 2012 –2022 ($ billion)
3.2. Beveragebottling and food packaging
3.4. Health &Hygiene
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