MarketsandMarkets: Renewable Chemicals Market Worth $67.13 Billion in 2015
market research report, “Renewable Chemicals Market: Winning Imperatives &
Market Forecast” (
published by MarketsandMarkets (http://www.marketsandmarkets.com), the
renewable chemicals market is expected to grow at an estimated CAGR of 11.66%
from 2010 to 2015 and is expected to reach to
Renewable ethanol is the most commercialized segment while Iso-butanol and
succinic acid are on the verge of commercialization. The increasing focus on
green chemistry and global concern over emission of greenhouse gases has
given a boost to the renewable chemicals market.
Browse in-depth TOC on Renewable Chemicals Market: Winning Imperatives &
While chemicals were first derived from petroleum feedstock in 1872, the
possibility of extracting chemicals from biomass was not explored until the
last decade of the 19th century.
chemical made from petroleum; and Union Carbide, the wholly owned subsidiary,
of Dow Chemical Company was one of the pioneers in this industry. Ethanol was
first used as transportation fuel in 1908, when
T car to operate on a mixture of alcohol and gasoline.
Government support, development of new technologies and widely available
feedstock are major drivers for the renewable chemicals market while the high
set-up cost is a major drawback. New markets such as
new opportunities for renewable chemicals.
SCOPE AND FORMAT The report analyzes renewable chemicals market: - On the basis of products, applications and technologies - On the basis of geographies of U.S., Brazil, Europe, Asia and RoW - Major companies in the renewable chemicals market
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