Last updated on April 18, 2014 at 1:21 EDT

Renewable Chemicals Market Worth $83.4 Billion By 2018

June 24, 2013

DALLAS, June 24, 2013 /PRNewswire/ –

The “Renewable Chemicals Market – Alcohols (Ethanol, Methanol), Biopolymers (Starch,
PLA, PHA, Polyethylene and Others), Platform Chemicals and Others – Global Trends and
Forecasts to 2018″, defines and segments the Global Renewable Chemical Market with
analysis and forecasting of the global volume and revenue. The Market will grow from an
estimated $57.5 billion in 2012 to $83.4 billion by 2018, with a CAGR of 7.7% from 2013 to


        - 107 Market Data Tables
        - 57 Figures
        - 423 Pages and an in-depth Table of Content on "Renewable Chemicals Market"


Early buyers will receive 10% customization on this report.

The emergence of bio-feedstock and bio-based commodity polymers production, in tandem
with increasing oil prices, rising consumer consciousness, and improving economics, has
ushered in a new and exciting era of renewable chemical commercialization. However,
factors such as economic viability, product quality/performance, and scale of operation
will still play important role in determining the commercialization spectrum.

The Renewable Chemicals Industry
[http://www.marketsandmarkets.com/Market-Reports/renewable-chemical-274.html ] will witness
high growth of 7.7% annually in next five years from 2013 to 2018, mainly due to
continuous rise in oil prices, requirement for environmentally friendly feedstock, and low
production cost of bio-based chemicals.

Among the major renewable chemicals, ethanol is the most commercialized segment.
Though it has been established in U.S. and Brazil; it has ample scope of growth in the
European as well as Asian developing countries like India and China. In the biopolymers
segment; starch plastics holds maximum share i.e. around 48%, whereas PHA is expected to
grow at highest CAGR of over 27.7% during next five years.

This report analyzes the major global renewable chemicals market such as alcohols,
polymers, ketones, and acids; along with the major applications of renewable chemicals.
This report identifies the factors driving as well as inhibiting the growth of each
segment to support its analysis of market trends and forecast. The market segments are
sized for major geographical markets of North America, Europe, Asia, and Rest of the World
(ROW). In addition to the market size, data trends, and forecast, the report also
highlights key market opportunities for the stakeholders and presents a competitive
landscape analysis in which it profiles the key market developments of the top 20
companies in the renewable chemicals space.

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Source: PR Newswire