NEW YORK, Aug. 25, 2016 /PRNewswire/ -- Use this report to:
- Receive a comprehensive overview of the market for alternative chemical products and processes, including biomass feedstocks, biobased chemical products and end-use alternative chemical products.
- Learn about alternative chemicals and processes that have emerged from the green chemistry movement.
- Analyze information concerning U.S. exports and leading globalized companies.
- Receive detailed information on manufacturers; product markets, from feedstocks to end-use; and regulations.
- The alternative U.S chemical end-use product market is expected to increase from $149.9 billion in 2016 to an estimated $345.6 billion by 2021. It should reach $884.1 billion by 2026, with a compound annual growth rate (CAGR) of 19.4% for the period of 2016-2026.
- Alternative miscellaneous specialty chemicals as a segment is expected to increase from $29.1 billion in 2016 and $242.3 billion in 2026, a CAGR of 23.6%.
- Alternative packaging products as a segment will increase from $25.0 billion in 2016 to $232.1 billion in 2026 with a CAGR of 25.0%.
Introduction & Scope
STUDY GOALS AND OBJECTIVES
This study intends to provide a comprehensive and detailed analysis of the current and forecast market through 2026 for alternative chemicals and processes that have emerged from the green chemistry movement. "Green" chemistry principles promote products and processes that are less harmful to humans and the environment, rely on renewable resources, and offer cost-efficiency to the manufacturer and customers. This study contributes information and data that provide a total picture of this industry. The study intends to correlate data that has been calculated from many sources, including manufacturers that participate in this market. The objective of this study is to provide a comprehensive look at the alternative chemical product and process industry with detailed information on manufacturers; product markets, from feedstocks to end-use; regulations; patents; government, academic and commercial developments; and the global marketplace.
REASONS FOR DOING THE STUDY
This study is intended to provide a comprehensive overview of the market for alternative chemical products and processes. Public concern over pollution and the negative impact on the environment from chemical production has stimulated a growing demand for products that promote positive environmental habits and generate less waste, create less pollution and promote sustainability. The chemical industry is
responsible for tens of thousands of products that are used by consumers on a daily basis. It, therefore, has a huge impact on our environment from the raw materials used to the consumption of finished products and the final disposal of product waste. An emerging industry focus based on the principles of green chemistry depicts a shift from a resource- to a knowledge-based industry as manufacturers, suppliers and customers become increasingly cognizant of how to make products better while using fewer material resources and producing less toxic products and byproducts. The report covers a broad spectrum of the chemical industry and provides a cohesive picture of the overall alternative chemical product market, with forecasts through 2026.
This study should be of interest to anyone involved directly in the chemical industry or interested in industrial markets. Manufacturers that are included in the chemical supply chain, both downstream and upstream, will find vital data and analysis on how the market is transitioning for a more competitive marketplace. Those in chemical management and operations will find this study useful for imparting information
concerning new processes and developments that help create more efficient standards. This report also will give chemical customers insight into alternative product choices and offer reasons why alternative chemical products are quality and cost-effective choices. Likewise, those participating in R&D activities through academic institutions, government programs or private sector initiatives will be presented with new
developments and technological advances in potential new products and applications. Investors, banks, legislators and others who require information about alternative chemical markets and sustainable alternatives will be able to use this study to assess the economic and environmental benefits of this emerging chemical industry segment.
SCOPE OF REPORT
This timely BCC Research study studies the markets for alternative chemical products, which include biomass feedstocks, biobased chemical intermediate products, and end-use alternative chemical products, along with processing technology. It compares the alternative and traditional chemical markets, highlighting the move away from petrochemicals as a primary feedstock. The international arena, regulatory
environment and technology, all of which directly affect opportunities for alternative chemical products, are extensively reviewed. The report includes profiles of major product manufacturers and reviews end-use markets. New technologies and processing developments are extensively discussed. Detailed forecasts and analysis provide vital and comprehensive market information on product sales, cost-savings alternatives and international opportunities. Market forecasts are included for all product categories for U.S. as well as global production. Estimated values used are based on manufacturers' total revenues. The historical and current significance of government regulations, patents and R&D will be reviewed in terms of their vital roles in affecting the market dynamics of the alternative chemical market, with emphasis on future product sales. Information concerning U.S. exports and leading globalized companies will be analyzed. The report covers a broad spectrum of the chemical industry and provides a cohesive picture of the overall alternative chemical product market, with forecasts through 2026.
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