bio-based-platform-chemicals-market-in-north-america
Published

August 2016

Bio-based Platform Chemicals Market in North America - Segmented by Product Type, By Raw Material, and Geography - Trends and Forecasts (2015 - 2020)

Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license

The bio-based platform chemicals market in North America has been estimated at USD XX.XX billion in 2015 and is projected to reach USD XX.XX billion by 2020, at a CAGR of XX.XX% during the forecast period. Platform chemicals commonly referred to as building block chemicals is one of the fastest growing segment of the bio-based chemicals market. Platform chemicals are basically composed of 2-6 carbons, which are used as an intermediate in the production of various chemicals. However, due to the scarcity of fossil-based products and the rising crude oil prices have shifted the platform chemicals to use renewable resources in its production process. Moreover, the technological advancements in the bio-based products made it possible in developing microbial strains in the production of chemicals.

The bio-based platform chemicals market is segmented by product types such as bio glycerol acid, bio glutamic acid, bio itaconic acid, bio-1,4-diacids, bio-3-hydroxypropionic acid, bio levulinic acid, bio glucaric acid, and others. The market has also been segmented by the type of raw material into: carbohydrates, fats and oil, and lignin.

Market Dynamics of the Bio-based Platform Chemicals Market in North America:

Depleting natural resources and stringent government regulations are the major drivers of the bio-based platform chemicals market in the North American region. However, the market faces certain drawbacks such as the huge competition from fossil-fuel products.

The bio-based platform chemicals market is segmented by geography as U.S.A, Canada, Mexico and others. USA is the leading consumer of bio-based platform chemicals in 2015 in North America accounting for a share of XX%.

Furthermore, the shifting focus towards organic alternatives and shifting focus towards eco-friendly products and technological advancements will offer numerous opportunities for growth of the bio-based platform chemicals market. Some of the major companies dominating the market with its products, and continuous product developments are:

  • BASF
  • BioAmber
  • Braskem
  •  INEOS
  • Itaconix Corporation
  • Lucite International Group
  • Mitsubishi Chemicals

Key Deliverables in the Study:

  • Analysis for bio-based platform chemicals market in North America, with region specific assessments and competition analysis on North American and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a North American and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the bio-based platform chemicals market in North America on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions in which this industry is booming and to also identify the regions that are still untapped.
RELATED REPORTS
No related reports available.
Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license
Our Clients Include View All

Looking to Customize Report?