The global bio-based chemical and polymer production (excluding
bio-fuels) is currently estimated to be around 50 million tons. Compared to
petrochemical based chemicals such as polyethylene, di-acids, diols, etc their
use is miniscule but fast growing. Some examples of bio-based chemicals are
non-food starch, regenerated cellulose fibers and derivatives, bio PET, Bio PE,
PLA, PHA, bio-degradable polyesters, bio-fuels, bio fertilizers, bio enzymes,
fatty acids and fermentation products such as ethanol and citric acid.
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Key
Motivators of Bio-based Chemicals Market
For bio-based chemicals to compete against traditional
petrochemicals products in terms of market and growth is definitely not easy.
The growth, though slow, is however steady. A strong focus on consumer
preference for products that are environment-friendly and bio-degradable and
government mandates are helping the bio-based chemicals market to grow. High
oil price is further motivating the growth of bio-based chemicals and polymers.
The renewable resources of bio-energy and bio-fuels are produced as a result of
development of bio-based building blocks (chemicals and polymers) and materials
(fibre products, start derivatives, etc). According to estimates, for the
global chemical industry, production of bio-based products could generate
revenue worth $10-15 billion.
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1.
Executive Summary
2.
Market Overview
2.1. Introduction
2.2. Market trends of bio-based chemicals
2.2.1. Bio-based chemical market history and performance
2.2.2. Recent developments
2.2.3. Future of bio-based chemicals (predictive analysis)
2.3. Market shift from conventional chemical to bio-based
chemicals
2.4. Value chain analysis
2.4.1. Raw materials
2.4.2. Suppliers
2.4.3.
Manufacturers
2.4.4. Distributors
2.4.5. Retailers
2.4.6. End users
2.5. Key buying criteria
2.5.1. Price
2.5.2. Availability
2.5.3. Objectives
2.5.4. Alternatives
2.5.5. Environmental concern
2.6. Strategic recommendations
2.7. Conclusion
3.
Market Determinants
3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Challenges
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