The Business Research Company’s Green Chemicals Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Green Chemicals Global Market Report 2023 evaluates green chemicals market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global green chemicals market is expected to grow from $96.99 billion in 2022 to $108.53 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The green chemicals market is expected to reach $162.6 billion in 2027 at a CAGR of 10.6%.
The rising demand for bioethanol is expected to propel the growth of the green chemicals market going forward. Bioethanol is a fuel additive made from agricultural goods (such as sugar cane or corn). Bioethanol has gained popularity as a green chemical due to its environmentally friendly properties. It is a clean-burning fuel with greenhouse gas emissions that are lower than those of fossil fuels. For instance, in March 2023, according to The German Bioethanol Industry Association, a Germany-based association that represents the interests of the biofuel sector’s companies and associations, the German production of bioethanol increased by 2% from 701,000 tons in 2021 to 715,000 tons in 2022. Further, in 2021, around 157,000 tons of bioethanol were used to produce ethyl tertiary butyl ether (ETBE). Therefore, the rising demand for bioethanol is driving the growth of the green chemicals market.
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The green chemicals market segments in the report are:
1) By Type: Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Biopolymers, Other Types
2) By Technology: Bioprocessing, Fermentation, Enzymatic Processes, Metabolic Engineering, Other Technologies
3) By Raw Materials: Agricultural Waste, Biomass, Microorganisms, Sugar And Starch Crops, Other Raw Materials
4) By Applications: Construction, Healthcare, Pharmaceuticals And Personal Care Products, Packaging, Food And Beverages, Paints And Coatings, Automotive, Agriculture, Other Applications
The table of contents in TBRC’s green chemicals market report includes:
1. Executive Summary
2. Green Chemicals Market Characteristics
3. Green Chemicals Market Trends And Strategies
4. Green Chemicals Market – Macro Economic Scenario
5. Global Green Chemicals Market Size and Growth
……….
32. Global Green Chemicals Market Competitive Benchmarking
33. Global Green Chemicals Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Green Chemicals Market
35. Green Chemicals Market Future Outlook and Potential Analysis
36. Appendix
Top Major Players:
Cargill Inc.
BASF SE
Mitsubishi Chemical Holdings Corporation
BioAmber Inc.
DuPont de Nemours Inc.
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