-
Alcohols
-
Organic Acids
-
Ketones
-
Platform Chemicals
-
Biopolymers
-
Others
Renewable Chemicals Market size was valued at USD 49.1 Billion in 2022 and is anticipated to grow at USD 84.4 Billion till 2029 recording a CAGR of 11.48% from 2023-2029. Renewable Chemical Market bio-based chemicals comprise a variety of chemicals that are obtained from renewable sources such as agricultural feedstock, agricultural waste, organic waste products, biomass, and microorganisms. Renewable chemicals are considered as sustainable source of carbon as it offer fewer carbon footprints in comparison to conventional petro-based chemicals. Some of the most commonly found renewable chemicals include polymeric (lignin, hemicellulose, cellulose, starch, protein) and monomeric (carbohydrates, oils, plant extractives, amino acids) components. These chemicals are used widely as a direct substitution for conventional petrochemicals.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Global trend towards oil independency, increasing awareness towards reduction of carbon foot prints in order to cope with situation such as landfills and global warming, and increasing consumer preferences towards green and natural product is driving the market for renewable chemicals. Moreover limiting petroleum resources, political instability of major oil producing countries and continuous fluctuation in price of petroleum product has helped in overall popularity and acceptance of renewable chemicals around the globe. However, due to the rising concern of policymakers over food security and deforestation has restrained the growth of the renewable global chemical market.
Alcohols
Organic Acids
Ketones
Platform Chemicals
Biopolymers
Others
The renewable chemicals market size was valued at USD 49.1 Billion in 2022.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
1. Executive Summary |
2. Global Renewable Chemicals Market Introduction |
2.1. Global Renewable Chemicals Market - Taxonomy |
2.2. Global Renewable Chemicals Market -Definitions |
2.2.1. Product Type |
2.2.2. By Feedstock |
2.2.3. Applications |
2.2.4. By Region |
3. Global Renewable Chemicals Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Renewable Chemicals Market Dynamic Factors - Impact Analysis |
3.6. Global Renewable Chemicals Market - Competition Landscape |
4. Global Renewable Chemicals Market Analysis, 2018-2022 and Forecast, 2023-2029 |
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Renewable Chemicals Market, Product Type, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.1. Alcohols |
5.1.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Organic Acids |
5.2.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Ketones |
5.3.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Platform Chemicals |
5.4.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Biopolymers |
5.5.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Others |
5.6.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6. Global Renewable Chemicals Market Forecast, By Feedstock, 2017-2021 and Forecast, 2021 - 2027 (Revenue, USD Mn) |
6.1. Corn |
6.1.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Sugarcane |
6.2.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Biomass |
6.3.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Algae |
6.4.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Renewable Chemicals Market, By Applications, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.1. Petrochemical |
7.1.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Textiles |
7.2.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Food & Beverage |
7.3.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Automotive |
7.4.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Chemical |
7.5.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Agricultural |
7.6.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
7.7. Bio-Medical |
7.7.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.7.3. Market Opportunity Analysis |
7.8. Others |
7.8.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
7.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.8.3. Market Opportunity Analysis |
8. Global Renewable Chemicals Market Forecast, By Region, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications and Region, 2023-2029 |
9. North America Renewable Chemicals MarketAnalysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
9.1. Product Type Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Alcohols |
9.1.2. Organic Acids |
9.1.3. Ketones |
9.1.4. Platform Chemicals |
9.1.5. Biopolymers |
9.1.6. Others |
9.2. By Feedstock Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Corn |
9.2.2. Sugarcane |
9.2.3. Biomass |
9.2.4. Algae |
9.2.5. Others |
9.3. Applications Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Petrochemical |
9.3.2. Textiles |
9.3.3. Food & Beverage |
9.3.4. Automotive |
9.3.5. Chemical |
9.3.6. Agricultural |
9.3.7. Bio-Medical |
9.3.8. Others |
9.4. Country Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications, and Country, 2023-2029 |
9.6. North America Renewable Chemicals Market Dynamics - Trends |
10. Europe Renewable Chemicals Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
10.1. Product Type Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Alcohols |
10.1.2. Organic Acids |
10.1.3. Ketones |
10.1.4. Platform Chemicals |
10.1.5. Biopolymers |
10.1.6. Others |
10.2. By Feedstock Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Corn |
10.2.2. Sugarcane |
10.2.3. Biomass |
10.2.4. Algae |
10.2.5. Others |
10.3. Applications Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Petrochemical |
10.3.2. Textiles |
10.3.3. Food & Beverage |
10.3.4. Automotive |
10.3.5. Chemical |
10.3.6. Agricultural |
10.3.7. Bio-Medical |
10.3.8. Others |
10.4. Country Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications, and Country, 2023-2029 |
10.6. Europe Renewable Chemicals Market Dynamics - Trends |
11. Asia-Pacific Renewable Chemicals Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
11.1. Product Type Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Alcohols |
11.1.2. Organic Acids |
11.1.3. Ketones |
11.1.4. Platform Chemicals |
11.1.5. Biopolymers |
11.1.6. Others |
11.2. By Feedstock Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Corn |
11.2.2. Sugarcane |
11.2.3. Biomass |
11.2.4. Algae |
11.2.5. Others |
11.3. Applications Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Petrochemical |
11.3.2. Textiles |
11.3.3. Food & Beverage |
11.3.4. Automotive |
11.3.5. Chemical |
11.3.6. Agricultural |
11.3.7. Bio-Medical |
11.3.8. Others |
11.4. Country Analysis2017-2021 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications, and Country, 2023-2029 |
11.6. Asia-Pacific Renewable Chemicals Market Dynamics - Trends |
12. Latin America Renewable Chemicals Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
12.1. Product Type Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Alcohols |
12.1.2. Organic Acids |
12.1.3. Ketones |
12.1.4. Platform Chemicals |
12.1.5. Biopolymers |
12.1.6. Others |
12.2. By Feedstock Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Corn |
12.2.2. Sugarcane |
12.2.3. Biomass |
12.2.4. Algae |
12.2.5. Others |
12.3. Applications Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Petrochemical |
12.3.2. Textiles |
12.3.3. Food & Beverage |
12.3.4. Automotive |
12.3.5. Chemical |
12.3.6. Agricultural |
12.3.7. Bio-Medical |
12.3.8. Others |
12.4. Country Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications, and Country, 2023-2029 |
12.6. Latin America Renewable Chemicals Market Dynamics - Trends |
13. Middle East and Africa Renewable Chemicals Market Analysis, 2017-2021 and Forecast, 2023-2029 (Revenue, USD Mn) |
13.1. Product Type Analysis 2017-2021 and Forecast 2023-2029by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Alcohols |
13.1.2. Organic Acids |
13.1.3. Ketones |
13.1.4. Platform Chemicals |
13.1.5. Biopolymers |
13.1.6. Others |
13.2. By Feedstock Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Corn |
13.2.2. Sugarcane |
13.2.3. Biomass |
13.2.4. Algae |
13.2.5. Others |
13.3. Applications Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Petrochemical |
13.3.2. Textiles |
13.3.3. Food & Beverage |
13.3.4. Automotive |
13.3.5. Chemical |
13.3.6. Agricultural |
13.3.7. Bio-Medical |
13.3.8. Others |
13.4. Country Analysis 2017-2021 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Renewable Chemicals Market - Opportunity Analysis Index, Product Type, By Feedstock, Applications, and Country, 2023-2029 |
13.6. MEA Renewable Chemicals Market Dynamics - Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, By Feedstock& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. BASF SE (Germany) |
14.2.2. Mitsubishi Chemical Holdings Corporation (Japan) |
14.2.3. DAIKIN (Japan) |
14.2.4. 3M (U.S.) |
14.2.5. Braskem (Brazil) |
14.2.6. Corbion N.V. (Netherlands) |
14.2.7. NatureWorks LLC (U.S.) |
14.2.8. Amyris (U.S.) |
14.2.9. OCI N.V. (Netherlands) |
14.2.10. Celanese Corporation (United States) |
15. Research Methodology |
16. Key Assumptions and Acronyms |