Global Renewable Chemicals Market to Reach $67.13 Billion in 2015

Research and Markets has announced the addition of the "Renewable Chemicals Market: Winning Imperatives and Market Forecast (2010 -2015)" report to their offering.

(http://www.researchandmarkets.com/research/01aabd/renewable_chemical)

The global renewable chemicals market is estimated to reach US$ 67.13 billion in 2015 from about US$ 38.67 billion in 2010. The alcohols segment holds the largest market share, while the polymers segment is expected to have the highest growth rate due to the increasing applications of bio-polymers in the manufacture of biodegradable and compostable plastics and in consumer goods such as cell phones and laptops.

The major factor driving the growth of the renewable chemicals market is the growing consumer demand and governmental support for green products that reduce greenhouse gas emissions. Renewable chemicals also reduce dependence on finite non-renewable petroleum resources.

Market estimates and forecast:

The report provides in-depth market estimates and forecast for global renewable chemicals market as follows:

Products: Alcohols, organic chemicals, ketones, polymers, and other markets.

Application: Industrial, transportation, textiles, food safety, environment, communication, housing, recreation, health and hygiene, and other applications.

Catalysis: Biocatalysis and Chemical Catalysis

Technology: Thermo-chemical conversion, fermentation and bioconversion, product separation and bioconversion, enzymatic hydrolysis, gasification-fermentation, acid hydrolysis, biochemical-thermochemical, biochem-organisolve, fischer-tropsch diesel, reductive transformation, dehydrative transformation, and other technologies.

Platform Chemicals: 1, 4-diacids, 2, 5-furan dicarboxylic acid, 3-hydroxypropionic acid, aspartic acid, glucaric acid, glutamic acid, itaconic acid, levulinic acid, glycerol, and other chemicals.

Source: http://www.researchandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.