Global Bio-Based Platform Chemicals Market is accounted for $8.81 billion in 2020 and is expected to reach $26.21 billion by 2028 growing at a CAGR of 14.6% during the forecast period. Factors such as increasing availability of low-cost feedstock, growing technological modification, and favourable government regulations are driving the growth of the market.
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By geography, North America is going to have high growth during the forecast period which can be attributed to the government regulations promoting the use of bio-based products.
Some of the key players profiled in the Bio-Based Platform Chemicals Market include BASF SE, DowDuPont, Evonik Industries AG, Novozymes, Tokyo Chemical Industry Co. Ltd, Kawasaki Kasei Chemicals, Koninklijke DSM N.V., Mitsui Chemicals, Aktin Chemicals Inc , PTT Global Chemical Public Company, GF Biochemicals, BioAmber Inc, Braskem, Nippon Shokubai Co. Ltd., and Myriant Corporation.
Products Covered in Bio-based Platform Chemicals Market
• C-2 Platform Chemicals
• C-3 Platform Chemicals
• C-4 Platform Chemicals
• C-5 Platform Chemicals
• C-6 Platform Chemicals
• Other Products
Types Covered:
• Syngas
• Biogas
• Sugar
• Oil
• Algae
Applications Covered:
• Agriculture & Fertilizers
• Pharmaceutical
• Industrial
• Bio-Plastics
• Health & Hygiene
• Transportation
• Recreation
• Textiles
• Housing
• Fuels
• Polymers
• Perfumes
• Solvents
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