Global Renewable Chemicals Market Analysis,Share,Size,Trends and Forecast 2022Posted by Rohit kadam on November 11th, 2017 Introduction: There are varied applications of renewable chemicals across different industries such as housing, food processing, environment, textiles, hygiene, pharmaceutical, transportation, and others. Renewable chemicals are available in market in the form of ketones, organic acids, alcohols, and bio-polymers. They are used in consumer goods, resins, surfactants and lubricants, and plastics for environmental purpose. Download Table of Content: https://www.acumenresearchandconsulting.com/tentative-table-of-content/324 Market Dynamics: There is an increasing global inclination towards oil independency, rising awareness towards limiting carbon foot prints in order to deal with situation such as global warming and landfills, and rising consumer preferences towards natural product. Also, reducing petroleum resources, continuous price fluctuation of petroleum products, and political instability in major oil producing countries has enabled the acceptance of renewable chemicals across the world. Owing to the stringent regulations being imposed by regulatory bodies in order to check the environmental damage, increasing customer inclination towards using environment-friendly products, abundance of renewable chemicals, the global renewable chemicals market is witnessing tremendous growth. However, pricing issues and problems pertaining to the development of renewable chemicals are the factors that are hindering the growth of renewable chemicals market. Deforestation and rising concern of policy makers over food security has come across as a major challenge for the diversification of global renewable chemicals market. Market Classification: The Global Renewable Chemicals Market is categorized based on chemical properties of renewable chemicals. They are divided into polymers, ketones, polyhydroxyalkanoates, alcohols, bio-based polyethylene, organic acid, and others. Alcohol segment commanded the largest share in this market. The polymer segment is expected to witness rapid growth over the future years. Also, the rising demand for green packaging materials from consumer goods and food and beverages sector is estimated to fuel the growth of polymer market in future years. Based on the end-user application, the global renewable chemicals market can be divided into transportation, fertilizers, textiles, housing, industrial, consumer goods packaging, food and beverages packaging, bio-medicals, recreation, agriculture, environment, and health and hygiene. Regional Overview: Currently, Europe commands the largest market share in the renewable chemicals market. However, over the forecast years, Asia-Pacific is expected to rapidly drive the market growth, and is expected to dominate the global renewable chemicals market by 2020. Factors propelling the growth of this region include improving economic growth of the Asian countries and increase in population, thereby leading to the high demand for renewable chemicals. Different technologies being used for producing renewable chemicals from biomass include thermo-chemical conversion, fermentation and bioconversion, dehydrative transformation, production of Fischer-Tropsch diesel, acid hydrolysis, enzymatic hydrolysis, reductive transformation, product separation and bioconversion, and gasification/fermentation. Market Participants: The key players operating in the renewable chemicals market include E. I. Dupont De Nemours & Company, Chevron Corporation, Dow Chemicals, BASF, Verenium Corporation, Degussa Evonik, Cargill Incorporated, Novozymes, Arkenol Inc, Group, and PureVision Technology Inc. Market Segmentation Market by Type Polymers Ketones Polyhydroxyalkanoates Alcohols Bio-based polyethylene Organic acid Others Market by End-user Transportation Fertilizers Textiles Industrial Consumer goods packaging Food and beverages packaging Bio-medicals Health and hygiene Others Market by Production Process Thermo-chemical conversion Fermentation and bioconversion Dehydrative transformation Production of Fischer-Tropsch diesel Acid hydrolysis Enzymatic hydrolysis Reductive transformation Product separation and bioconversion Gasification/fermentation Market by Geography North America o US o Canada o Mexico Europe o UK o Germany o France o Rest of Europe Asia-Pacific o China o Japan o India o Philippines o Rest of Asia-Pacific Latin America o Brazil o Chile o Rest of Latin America Middle East and Africa (MEA) o South Africa o Saudi Arabia o Rest of MEA Buy Now This Report From Here: https://www.acumenresearchandconsulting.com/buy-now/0/324 About Us Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. 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