Green Chemicals Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Bio-alcohols, Bio-organic Acids, Bio-ketones, Biopolymers, Others), By Application (Construction, Pharmaceuticals, Packaging, Food & Beverages, Paints & Coatings, Automotive, Textile, Others) and by Region Forecast 2020-2031

Green Chemicals Market size was valued at US$ 123.0 billion in 2024 and is expected to reach US$ 242.7 billion by 2031, growing at a significant CAGR of 10.2% from 2025-2031. Chemicals are an indispensable and integral part of modern life, touching almost all spheres of human activity. The chemical industry is a very important constituent of the growing economy and it is the mainstay of industrial and agricultural development, providing several building blocks and raw materials for many industries, including textile, paper, paint, soap and detergent, pharmaceutical, agrochemical, etc. The environmental and climate issues facing across the globe are widely recognized as daunting problems. Therefore, green technologies and ecologically sustainable development are vital as the quality of life is declining.

Green chemistry has become a multi-billion dollar industry. To keep up with safety needs, consumer demand, regulations, and a greater global movement toward sustainability, the chemical industry has been increasing its innovative efforts in this area. JSW Cement Limited entered the construction chemicals business in June 2021 with the introduction of a new line of green products that use less water during application. Hence, increasing demand for green chemicals from various industries is fueling the market growth. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, The Global Market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition.  

Key Developments

• On September 27, 2024: AM Green Technology and Solutions B.V., a leading energy transition solutions provider, has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. This acquisition marks a significant step towards AM Green’s commitment to developing innovative technology-enabled solutions for the energy transition.
• On February 11, 2025: Grove Collaborative Holdings, Inc., the world’s first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, announced it has completed the purchase of substantially all of the assets of eco-friendly, effective cleaning products pioneer Grab Green. This strategic acquisition underscores and reaffirms Grove’s mission to make consumer products a force for environmental and human good while strengthening the Company’s position as a leader in home cleaning.
• On 9th September, 2024: ADNOC announced important milestone in its ambitious chemicals growth strategy with the agreement to acquire a 35 percent equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas, US.