Bio-Based Chemicals Market Research Report - Forecast to 2023

Bio-Based Chemicals Market Research Report - Forecast to 2023

ID: MRFR/CnM/4251-HCRR | August, 2018 | Region: Global | 140 pages | Half-Cooked Research Reports

Global Bio-Based Chemicals Market By Product (Bioplastics And Biofuels), Application (Industrial Chemicals, Agriculture, Pharmaceuticals, And Food Products) And Region


Bio-based chemicals are derived from biological origin or biomass such as trees, plants, and animals. They are broadly classified into bioplastics and biofuels. Among these, biofuels dominate the market in terms of value owing to the increasing environmental concerns and recurrent fluctuation in crude oil prices. Various bioplastics produced from bio-based chemicals are polylactic acid, polyhydroxyalkanoates, bio-polyethyleneteraphtalate, and bio-polyethylene among others, which are mainly used for disposable items such as crockery, cutlery, pots, bowls, and straws.


The various applications for bio-based chemicals include industrial chemicals, agriculture, pharmaceuticals, food products, and others. The industrial chemicals segment is likely to dominate the market during the review period due to their extensive demand from various end uses such as engineered polymers, composites, additives, and others. The agricultural segment is anticipated to grow at a higher CAGR due to its wide range of applications such as biopesticides and biofertilizers. The increasing demand for high crop yield and the disease-free crop is likely to drive the market positively. Moreover, the increasing demand for pharmaceuticals and personal care products is expected to propel the bio-based chemicals market. The use of bio-based chemicals as a food supplement and nutrient is another factor driving the market. The stringent governmental regulations against synthetic chemicals such as Bio-Preferred Program and Registration, Evaluation & Authorization of Chemicals (REACH) among others are favoring the demand for the product. However, the high prices of bio-based chemicals and food safety issues may prove to be a challenge to market growth.


Global Bio-based Chemicals Share, by the Application (%)


 Bio-based Chemicals Market


Regional Analysis


The global bio-based chemicals market is segmented into five key regions Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


The Asia Pacific is anticipated to dominate the global bio-based chemicals market due to the highest production and consumption of the product in this region. Countries such as India, China, and Japan are the major contributors to the market growth due to government policies for designed to favor sustainability, escape price volatility in petroleum-based products, and increased use of eco-friendly products. A recent study from the DuPont Green Living Survey: India conducted by Taylor Nelson Sofres (TNS) Global, found that majority of Indian consumers are familiar with green products and concluded that green products are better for the environment, and feel that bio-based ingredients enhance the desirability of a product. Availability of raw materials coupled with technological advancements is likely to propel the market growth in this region.


Europe is the second largest region in the global bio-based chemicals owing to the increasing development of value chains with bio-based feedstock, i.e., bio-refineries and biochemicals production. Depletion of natural resources, rising prices of crude oil, and stringent government regulations are the major drivers of the market in this region.


North America is expected to grow at a higher CAGR due to the availability of low cost and abundant feedstock, shifting focus on the use of environment-friendly products, and implementation of several government policies.


Latin America is anticipated to witness a significant growth of the bio-based chemicals market due to the high production in Brazil and exportation to European countries. For instance, the sugarcane-based bioethanol production coupled with climatic factors and government policies is driving the market growth in this region.


Segmentation


The global bio-based chemicals market is segmented on the basis of the products, applications, and region.


On the basis of the product, the global bio-based chemicals market is segmented into bioplastics and biofuels.


Based on the application, the global bio-based chemicals market is segregated into industrial chemicals, agriculture, pharmaceuticals, and others.


Key Players


Some of the prominent manufacturers in the global bio-based chemicals are BASF SE (Germany), BioAmber Inc. (U.S.), Braskem (Brazil), Danimer Scientific (U.S.), Mitsubishi Chemical Corporation (Japan), Myriant Corporation (U.S.), Synbra Holding bv (Netherlands), Mitsui & Co., Ltd. (Japan), Zhejiang Hisun Biomaterials Co., Ltd (China), TEIJIN LIMITED (Japan), Koninklijke DSM N.V. (Netherlands), PTT Global Chemical Public Company Limited (Thailand), NatureWorks LLC (U.S.), Corbion (Netherlands), and Metabolix, Inc. (U.S.).


Intended Audience



  • Bio-based chemicals manufacturers

  • Traders and distributors of bio-based chemicals

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory

TABLE OF CONTENTS





1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Bio-based Chemicals Market

5 Industry Overview of Global Bio-based Chemicals Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Bio-based Chemicals Market by Product

7.1 Introduction

7.2 Bio plastics

7.2.1 Market Estimates & Forecast, 2016-2023

7.2.2 Market Estimates & Forecast by Region, 2016-2023

7.3 Bio fuels

7.3.1 Market Estimates & Forecast, 2016-2023

7.3.2 Market Estimates & Forecast by Region, 2016-2023

8. Global Bio-based Chemicals Market by Application

8.1 Introduction

8.2 Industrial Chemicals

8.2.1 Market Estimates & Forecast, 2016-2023

8.2.2 Market Estimates & Forecast by Region, 2016-2023

8.3 Agriculture

8.3.1 Market Estimates & Forecast, 2016-2023

8.3.2 Market Estimates & Forecast by Region, 2016-2023

8.4 Pharmaceuticals

8.4.1 Market Estimates & Forecast, 2016-2023

8.4.2 Market Estimates & Forecast by Region, 2016-2023

8.5 Food products

8.5.1 Market Estimates & Forecast, 2016-2023

8.5.2 Market Estimates & Forecast by Region, 2016-2023



9. Global Bio-based Chemicals Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2016-2023

9.2.2 Market Estimates & Forecast by Product, 2016-2023

9.2.3 Market Estimates & Forecast by Application, 2016-2023

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2016-2023

9.2.4.2 Market Estimates & Forecast by Product, 2016-2023

9.2.4.3 Market Estimates & Forecast by Application, 2016-2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2016-2023

9.2.5.2 Market Estimates & Forecast by Product, 2016-2023

9.2.5.3 Market Estimates & Forecast by Application, 2016-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2016-2023

9.3.2 Market Estimates & Forecast by Product, 2016-2023

9.3.3 Market Estimates & Forecast by Application, 2016-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2016-2023

9.3.4.2 Market Estimates & Forecast by Product, 2016-2023

9.3.4.3 Market Estimates & Forecast by Application, 2016-2023

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2016-2023

9.3.5.2 Market Estimates & Forecast by Product, 2016-2023

9.3.5.3 Market Estimates & Forecast by Application, 2016-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2016-2023

9.3.6.2 Market Estimates & Forecast by Product, 2016-2023

9.3.6.3 Market Estimates & Forecast by Application, 2016-2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2016-2023

9.3.7.2 Market Estimates & Forecast by Product, 2016-2023

9.3.7.3 Market Estimates & Forecast by Application, 2016-2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2016-2023

9.3.8.2 Market Estimates & Forecast by Product, 2016-2023

9.3.8.3 Market Estimates & Forecast by Application, 2016-2023

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2016-2023

9.3.9.2 Market Estimates & Forecast by Product, 2016-2023

9.3.9.3 Market Estimates & Forecast by Application, 2016-2023

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2016-2023

9.3.10.2 Market Estimates & Forecast by Product, 2016-2023

9.3.10.3 Market Estimates & Forecast by Application, 2016-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2016-2023

9.4.2 Market Estimates & Forecast by Product, 2016-2023

9.4.3 Market Estimates & Forecast by Application, 2016-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2016-2023

9.4.4.2 Market Estimates & Forecast by Product, 2016-2023

9.4.4.3 Market Estimates & Forecast by Application, 2016-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2016-2023

9.4.5.2 Market Estimates & Forecast by Product, 2016-2023

9.4.5.3 Market Estimates & Forecast by Application, 2016-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2016-2023

9.4.6.2 Market Estimates & Forecast by Product, 2016-2023

9.4.6.3 Market Estimates & Forecast by Application, 2016-2023

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2016-2023

9.4.7.2 Market Estimates & Forecast by Product, 2016-2023

9.4.7.3 Market Estimates & Forecast by Application, 2016-2023

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2016-2023

9.4.8.2 Market Estimates & Forecast by Product, 2016-2023

9.4.8.3 Market Estimates & Forecast by Application, 2016-2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2016-2023

9.4.9.2 Market Estimates & Forecast by Product, 2016-2023

9.4.9.3 Market Estimates & Forecast by Application, 2016-2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2016-2023

9.5.2 Market Estimates & Forecast by Product, 2016-2023

9.5.3 Market Estimates & Forecast by Application, 2016-2023

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2016-2023

9.5.4.2 Market Estimates & Forecast by Product, 2016-2023

9.5.4.3 Market Estimates & Forecast by Application, 2016-2023

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2016-2023

9.5.5.2 Market Estimates & Forecast by Product, 2016-2023

9.5.5.3 Market Estimates & Forecast by Application, 2016-2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2016-2023

9.5.6.2 Market Estimates & Forecast by Product, 2016-2023

9.5.6.3 Market Estimates & Forecast by Application, 2016-2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2016-2023

9.5.7.2 Market Estimates & Forecast by Product, 2016-2023

9.5.7.3 Market Estimates & Forecast by Application, 2016-2023

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2016-2023

9.5.8.2 Market Estimates & Forecast by Product, 2016-2023

9.5.8.3 Market Estimates & Forecast by Application, 2016-2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2016-2023

9.6.2 Market Estimates & Forecast by Product, 2016-2023

9.6.3 Market Estimates & Forecast by Application, 2016-2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2016-2023

9.6.4.2 Market Estimates & Forecast by Product, 2016-2023

9.6.4.3 Market Estimates & Forecast by Application, 2016-2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2016-2023

9.6.5.2 Market Estimates & Forecast by Product, 2016-2023

9.6.5.3 Market Estimates & Forecast by Application, 2016-2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2016-2023

9.6.6.2 Market Estimates & Forecast by Product, 2016-2023

9.6.6.3 Market Estimates & Forecast by Application, 2016-2023

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2016-2023

9.6.7.2 Market Estimates & Forecast by Product, 2016-2023

9.6.7.3 Market Estimates & Forecast by Application, 2016-2023

10. Company Landscape

11. Company Profiles

11.1 BASF SE

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 BioAmber Inc.

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Braskem

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Danimer Scientific

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Mitsubishi Chemical Corporation

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Myriant Corporation

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Synbra Holding bv

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Mitsui & Co., Ltd.

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Zhejiang Hisun Biomaterials Co., Ltd

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 TEIJIN LIMITED

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Koninklijke DSM N.V.

11.11.1 Company Overview

11.11.2 Product/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 PTT Global Chemical Public Company Limited

11.12.1 Company Overview

11.12.2 Product/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 NatureWorks LLC

11.13.1 Company Overview

11.13.2 Product/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Corbion

11.14.1 Company Overview

11.14.2 Product/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 Metabolix, Inc.

11.15.1 Company Overview

11.15.2 Product/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments



12. Conclusion



LIST OF TABLES



Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global Bio-based Chemicals Market: By Region, 2016-2023

Table 3 North America Bio-based Chemicals Market: By Country, 2016-2023

Table 4 Europe Bio-based Chemicals Market: By Country, 2016-2023

Table 5 Asia-Pacific Bio-based Chemicals Market: By Country, 2016-2023

Table 7 Middle East & Africa Bio-based Chemicals Market: By Country, 2016-2023

Table 6 Latin America Bio-based Chemicals Market: By Country, 2016-2023

Table 8 Global Bio-based Chemicals by Products Market: By Regions, 2016-2023

Table 9 North America Bio-based Chemicals by Products Market: By Country, 2016-2023

Table 10 Europe Bio-based Chemicals by Products Market: By Country, 2016-2023

Table11 Asia-Pacific Bio-based Chemicals by Products Market: By Country, 2016-2023

Table13 Middle East & Africa Bio-based Chemicals by Products Market: By Country, 2016-2023

Table12 Latin America Bio-based Chemicals by Products Market: By Country, 2016-2023

Table14 North America Bio-based Chemicals for Application Market: By Country, 2016-2023

Table13 Europe Bio-based Chemicals for Application Market: By Country, 2016-2023

Table14 Asia-Pacific Bio-based Chemicals for Application Market: By Country, 2016-2023

Table16 Middle East & Africa Bio-based Chemicals for Application Market: By Country, 2016-2023

Table15 Latin America Bio-based Chemicals for Application Market: By Country, 2016-2023

Table23 Global Products Market: By Region, 2016-2023

Table24 Global Application Market: By Region, 2016-2023

Table25 North America Bio-based Chemicals Market, By Country

Table26 North America Bio-based Chemicals Market, By Products

Table27 North America Bio-based Chemicals Market, By Application

Table28 Europe: Bio-based Chemicals Market, By Country

Table29 Europe: Bio-based Chemicals Market, By Products

Table30 Europe: Bio-based Chemicals Market, By Application

Table31 Asia-Pacific: Bio-based Chemicals Market, By Country

Table32 Asia-Pacific: Bio-based Chemicals Market, By Products

Table33 Asia-Pacific: Bio-based Chemicals Market, By Application

Table36 Middle East & Africa: Bio-based Chemicals Market, By Country

Table37 Middle East & Africa Bio-based Chemicals Market, By Products

Table33 Middle East & Africa: Bio-based Chemicals Market, By Application

Table34 Latin America: Bio-based Chemicals Market, By Country

Table35 Latin America Bio-based Chemicals Market, By Products

Table33 Latin America: Bio-based Chemicals Market, By Application



LIST OF FIGURES



FIGURE 1 Global Bio-based Chemicals Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Bio-based Chemicals Market

FIGURE 4 Value Chain of Global Bio-based Chemicals Market

FIGURE 5 Share of Global Bio-based Chemicals Market in 2016, by country (in %)

FIGURE 6 Global Bio-based Chemicals Market, 2016-2023,

FIGURE 7 Sub segments of Product

FIGURE 8 Global Bio-based Chemicals Market size by Product, 2016

FIGURE 9 Share of Global Bio-based Chemicals Market by Product, 2016 to 2023

FIGURE 10 Sub segments of Application

FIGURE 11 Global Bio-based Chemicals Market size by Application, 2016

FIGURE 12 Share of Global Bio-based Chemicals Market by Application, 2016 to 2023