×

Growing Sustainability Demand to Drive the Global Bio-Based Chemicals Market at a CAGR of 8.3% During the Forecast Period 2025 to 2035

Report Details:
15 Companies Covered
449 Pages

Market Research Future (MRFR) has published a cooked research report on the “Global Bio-Based Chemicals Market” that contains information from 2019 to 2035.


The Bio-Based Chemicals Market is estimated to register a CAGR of 8.3% during the forecast period of 2025 to 2035.


MRFR recognizes the following companies as the key players in the Global Bio-Based Chemicals Market: Archer Daniels Midland (ADM), DuPont, Evonik Industries, Toray Industries, and Cargill Incorporated.


Global Bio-Based Chemicals Market Press Release


Bio-Based Chemicals Market Highlights


The Global Bio-Based Chemicals Market is expected to register a CAGR of 8.3% during the forecast period and is estimated to reach USD 250.99 Billion by 2035. The market was valued at USD 104.39 Billion in 2024. The growth of this market is primarily driven by the increasing global focus on sustainability, depletion of fossil fuel resources, and the rising need to reduce greenhouse gas emissions. Bio-based chemicals—derived from renewable biological resources—are emerging as eco-friendly substitutes for petroleum-based chemicals, offering reduced environmental impact and improved lifecycle performance.


One of the most significant opportunities in this market is the rising demand for sustainable products across industries such as food and beverage, pharmaceuticals, personal care, and packaging. The concept of “green chemistry” has gained momentum as consumers and manufacturers alike move toward environmentally responsible practices. Governments across the world are implementing stringent environmental regulations and providing financial incentives to encourage the use of renewable resources. For instance, policy initiatives in Europe, North America, and Asia-Pacific are supporting the development of bio-based technologies through subsidies, R&D grants, and emission-reduction targets.


Technological advancements in biotechnology—especially synthetic biology and metabolic engineering—are enhancing production efficiency and reducing costs of bio-based chemical manufacturing. These innovations have expanded the range of viable feedstocks and enabled higher yield production of bio-based products such as bio-alcohols, bio-plastics, and bio-surfactants. Companies like ADM, DuPont, and Cargill are investing heavily in new production technologies to ensure commercial scalability and cost competitiveness against traditional petrochemical products.


The increasing consumer awareness regarding the environmental impact of their purchasing decisions has also played a crucial role in driving market demand. Educational campaigns and sustainability certifications are promoting transparency and fostering consumer trust in bio-based products. This awareness is influencing purchasing patterns, encouraging industries to reformulate and expand their bio-based product lines to meet growing expectations for sustainable alternatives.


Additionally, rising investments in renewable feedstock development have significantly strengthened the bio-based chemicals supply chain. As industries transition toward circular economy models, bio-based solutions are becoming integral components of sustainable industrial ecosystems.


Segment Analysis
The Global Bio-Based Chemicals Market has been segmented based on Type and Application. By Type, the market includes Bio-alcohols, Bio-plastics, Bio-lubricants, Bio-solvents, Bio-surfactants, and Bio-based acids. Among these, the Bio-alcohols segment accounted for the largest market share in 2024, driven by extensive demand across food & beverage, pharmaceutical, cosmetic, and personal care industries.


Based on Application, the market is segmented into Food & Beverages, Agriculture, Automotive, Personal Care, Packaging, Detergents & Cleaners, Paints & Coatings, Adhesives & Sealants, Pharmaceuticals, and Paint Dispersion. The Paints & Coatings segment is projected to dominate during the forecast period owing to the increasing adoption of sustainable and eco-friendly chemical alternatives in industrial and decorative coatings.


Region Analysis
By Region, the Bio-Based Chemicals Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region held the largest market share in 2024 and is expected to continue its dominance during the forecast period. This growth is attributed to the increasing demand for bio-based chemicals in the agriculture sector, particularly for bio-pesticides and bio-fertilizers. Expanding industrialization, supportive government policies, and the availability of renewable raw materials further enhance regional growth prospects.


Europe accounted for the second-largest share of the market in 2024, driven by strict government regulations, strong sustainability commitments, and substantial investments in R&D and innovation. North America followed Europe, with growth influenced by stringent environmental rules implemented by the U.S. Environmental Protection Agency (EPA) and a steady shift toward green alternatives across industries.


Key Findings of the Study



  • The Global Bio-Based Chemicals Market is expected to reach USD 250.99 Billion by 2035, registering a CAGR of 8.3% during the forecast period (2025–2035).

  • Asia-Pacific accounted for the largest market share in 2024 and is projected to remain the fastest-growing regional market, driven by strong demand in the agriculture and industrial sectors.

  • Europe held the second-largest market share in 2024, supported by stringent environmental regulations and significant R&D investments promoting sustainable chemical production.

  • Bio-alcohols emerged as the dominant segment by Type in 2024 due to rising usage across food & beverage, pharmaceutical, cosmetics, and personal care applications.

  • Based on Application, the Paints & Coatings segment accounted for the largest market share, supported by the growing preference for eco-friendly and low-VOC alternatives.

  • The market growth is primarily fueled by factors such as depletion of fossil fuel resourcesrising demand for sustainable products, and government support for renewable chemicals.

  • Technological advancements in biotechnology—such as synthetic biology and metabolic engineering—are improving production efficiency and cost competitiveness.

  • Leading market players include ADM, DuPont, Evonik Industries, Toray Industries, and Cargill Incorporated, focusing on innovation, capacity expansion, and sustainable feedstock sourcing.


Related Reports


https://www.marketresearchfuture.com/reports/bio-based-chemicals-market-5706