-- Excitability in crude oil costs, convenience of friendly government regulations towards bio-based products. In addition to this, growing acceptance of bio-based chemicals across various industries such as personal care, pharmaceuticals, food & beverages including others are some of the key factors driving the market growth. However, high yield cost of bio-based chemicals is likely to limit the market growth.
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Bio-based platform chemicals are two to six carbon-containing compounds derived from fossil fuel resources and from renewable resources. They are used as important indications for producing a variety of chemicals and materials, such as pharmaceuticals, perfumes, solvents, fuels, and polymers.
Depending on application, Platform Chemicals in Agriculture has a potential for further development of plant-derived chemicals such as producing platform chemicals from crops in ways that are economically viable and have a lower environmental impact. High-value materials may be extracted from the plants as a pre-processing step to increase the value of the product stream. Just as with the petroleum refinery, a whole complex of product streams and subsidiary processes will be grafted onto the bio ethanol backbone, and a range of plant derived platform chemicals will become commercially viable.
By Geography, Asia Pacific region countries like China and India are more concerned towards green products and political turmoil regarding sustainability and effects of petroleum-based synthetic chemicals. Moreover, expansion of the manufacturing sector in countries like India, China, and Japan are augmenting the growth of the bio-based platform chemicals market in the region.
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Some of the key players of the market include Aktin Chemicals Inc., BASF SE, BioAmber Inc, Braskem, Cargill Incorporated, DowDuPont, Evonik Industries AG, GF Biochemicals, INEOS, Kawasaki Kasei Chemicals, Koninklijke DSM N.V., LyondellBasell Chemicals, Mitsui Chemicals, Myriant Corporation, Nippon Shokubai Co. Ltd, Novozymes, PTT Global Chemical Public Company, Qingdao Kehai Biochemistry Co. Ltd, Tokyo Chemical Industry Co. Ltd, Yantai shanshui chemical technology Co. Ltd and Yield10Bioscience Inc.
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Products Covered:
• Bio-1,4-Diacids
• Bio Itaconic Acid
• Ketones
• Epichlorohydrin
• Organic Acids
Types Covered:
• C-3 Platform Chemicals
• C-4 Platform Chemicals
• C-5 Platform Chemicals
• C-6 Platform Chemicals
Applications Covered:
• Agriculture
• Fertilizers
• Health And Hygiene
• Housing
• Industrial
• Pharmaceutical
• Recreation
• Textiles
• Transportation
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
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