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The market is segmented by Product Type (Bio Glycerol, Bio Glutamic Acid, Bio Itaconic Acid, Bio-3-Hydroxypropionic Acid, Bio Succinic Acid, Other Product Types) and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)
Fastest Growing Market:
Less Than 9 %
The market for bio-based platform chemicals is expected to witness a CAGR of around 9% during the forecast period. The major factors driving the growth of the market studied are rising demand from the pharmaceutical industry and stringent government regulations on conventional petroleum-based products. On the flip side, raw material shortage and fitted competition from oil-based platform chemicals are likely to hinder the growth of the studied market.
The bio-based platform chemicals market report includes:
|Bio Glutamic Acid|
|Bio Itaconic Acid|
|Bio Succinic Acid|
|Other Product Types|
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The bio-based platform chemicals market is a consolidated market, where few players account for a significant portion of the market demand. Some of the major players in the market include BASF SE, Cargill, Incorporated, DSM, PTT Global Chemical Public Company Limited, and Champlor (Valtris Specialty Chemicals), amongst others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1.1 Rising Demand from the Pharmaceutical Industry
4.1.2 Stringent Government Regulations on Conventional Petroleum-based Products
4.2.1 Raw Material Shortage
4.2.2 Fitted Competition from Oil-based Platform Chemicals
4.3 Industry Value-Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Bio Glycerol
5.1.2 Bio Glutamic Acid
5.1.3 Bio Itaconic Acid
5.1.4 Bio-3-Hydroxypropionic Acid
5.1.5 Bio Succinic Acid
5.1.6 Other Product Types
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.2.2 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
5.2.4 South America
184.108.40.206 Rest of South America
5.2.5 Middle East & Africa
220.127.116.11 South Africa
18.104.22.168 Saudi Arabia
22.214.171.124 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Aktin Chemicals, Inc.
6.4.2 BASF SE
6.4.4 Cargill, Incorporated
6.4.5 DuPont de Nemours, Inc.
6.4.7 Evonik Industries AG
6.4.8 GFBiochemicals Ltd.
6.4.9 KAWASAKI KASEI CHEMICALS
6.4.10 LyondellBasell Industries Holdings B.V.
6.4.11 NIPPON SHOKUBAI CO., LTD.
6.4.13 PTT Global Chemical Public Company Limited
6.4.14 Tokyo Chemical Industry Co., Ltd.
6.4.15 Champlor (Valtris Specialty Chemicals)
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability