© 2016 Global Market Insights, Inc. USA. All Rights Reserved Bio-renewable Chemicals Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific bio-renewable chemicals market is likely to witness a steady CAGR during the forecast period. The rising concern regarding the depletion of fossil fuel is projected to be a major factor driving the bio-renewable chemicals market. Moreover, the growing government initiatives to produce bio chemicals coupled with the easy availability of feedstock in the region shall further propel product demand during the forecast timeframe.bio-renewable chemicals market  North America and Europe are likely to be chief revenue generating pockets during the assessment period. The presence of stringent regulations regarding the use of petroleum-based chemicals shall positively contribute to the global bio-renewable chemicals market. Some of the major regulations include, The Toxic Substances Control Act (TSCA) in the U.S. and REACH in Europe. Regional Analysis of Bio-renewable Chemicals Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Bio-renewable Chemicals Market :  In terms of application, global bio-renewable chemicals market has been segmented into bio-solvents, bio-cleaners & detergents, bio-plastic and others. Among the aforementioned segments, bioplastic shall generate maximum revenue from 2019 to The growing demand for sustainable packing across the globe is likely to boost bio plastic segment growth. Moreover, the presence of stringent regulations mainly in the U.S. and Europe regarding the use of sustainable plastic shall further surge bioplastics demand.  Bio-solvent was another important segment in 2018 and projected to expand at a significant CAGR over the forecast timeframe. These are extensively used in adhesives, sealants, paints & coatings and printing Inks applications. The growing concern about the volatile organic compound (VOCs) in paints & coatings is likely to contribute substantially to the segment growth. Moreover, the growing demand for paints and coatings across the globe is anticipated to further boost the segment growth. Additionally, the rising demand for bio-solvents from pharmaceuticals and cosmetic industry shall further aid to the segment growth.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis of Bio-renewable Chemicals Market :  In terms of products, the global bio-renewable chemicals market is segmented into succinic acid, lactic acid glycerin and others. Among the aforementioned segments, glycerin was the largest segment in 2018 and is projected to exhibit similar trend throughout the assessment period. Glycerin is widely used as a flatform chemical to produce bio- polymers, biofuels, monomers, and other chemical intermediates. Latic acid is likely to be another dominant product segment throughout the forecast period. The growing application of lactic acid in food and pharmaceutical industry is set to generate substantial revenue during the given period

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the key market players in bio-renewable chemicals market include Amyris, ZeaChem, Solazyme, Elevance BASF SE, Solvay, Myriant, BioAmber, DuPont, Lanza Tech and Gevo etc. Competitive Market Share of Bio-renewable Chemicals Market :

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