The Global Renewable Chemicals Market size is expected to grow at an annual average of 9.3% during 2021-2027. Renewable chemicals are known as biomaterials widely used in a variety of chemical industries, including residential, environmental, transportation, food processing, pharmaceutical, and textiles. Increased greenhouse gas emissions and depletion of fossil fuels have led to increased adoption of renewable chemicals and polymers in a variety of end-user industries. Government initiatives that grow globally to use green and bio-based products can serve as opportunities for market growth. High processing costs, complex manufacturing procedures, and raw material price volatility will hamper future growth.
A full report of Global Renewable Chemicals Market is available at: https://www.orionmarketreports.com/renewable-chemicals-market/45621/
The following players are covered in this report:
By Product Type
- Alcohols
- Organic Acids
- Ketones
- Platform Chemicals
- Biopolymers
- Others (Bio-based 1,3-PDO, ECH, and 1,4-BDO)
By Applications:
- Transportation
- Textiles
- Food safety
- Environment
- Communication
- Housing
- Recreation
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