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Renewable chemical Market Size Analysis Top Regions, Key Players and Investments Opportunities Forecast - 2031

08-08-2024 04:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Renewable chemical Market

Renewable chemical Market

The global renewable chemical market is anticipated to grow at a CAGR of 9.8% during the forecast period (2024-2031). The considerable rise in the number of green chemistry project launches to create the awareness regarding the potential benefits of renewable chemical is one of the key factors driving the growth of the global renewable chemical market. For instance, in February 2017, the United Nations Industrial Development Organization (UNIDO) & its partners have launched a global Green Chemistry project. The Green Chemistry project was launched with intent to increase the global awareness and deployment of green chemistry approaches and technologies across the globe.

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Green Chemistry reduces pollution at its source by minimizing or eliminating the hazards of chemical feedstock, reagents, solvents and products; or encouraging the invention and innovation of new and non-hazardous solvents, surfactants, materials, processes and products. The rising need of minimizing the hazardous effect of petro-based chemicals is creating huge scope for the growth of the global renewable chemical market. However, the high cost of renewable chemicals & unwillingness of chemical manufactures to switch on new technology is anticipated to hinder the growth of the renewable chemical market across the globe.

Full report of Renewable chemical Market available @ https://www.omrglobal.com/industry-reports/renewable-chemical-market

Market Coverage

Segment Covered-
o By Product Type

o By Application

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Solvay SA, Amyris Inc., BASF SE, Bioamber Inc., Braskem SA, Cargill Inc., Evonik Industries AG
Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Renewable chemical Market Report Segment

By Product Type

Alcohols
Organic Acids
Ktones
Platform Chemicals
Biopolymers
Others (Bio-based 1,3-PDO, ECH, and 1,4-BDO))

By Applications

Transportation
Textiles
Food safety
Housing
Bio-Medical
Agriculture
Other Applications


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/renewable-chemical-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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