NEW YORK, July 22, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 2.13 billion is expected in the bio-based platform chemicals market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the bio-based platform chemicals market in optimistic, probable, and pessimistic forecast scenarios.
Factors such as volatility in crude oil prices strict environmental regulations and policies will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The bio-based platform chemicals market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Bio-based Platform Chemicals Market 2021-2025: Segmentation
Bio-based Platform Chemicals Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44435
Bio-based Platform Chemicals Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the bio-based platform chemicals market in the diversified chemicals industry include BASF SE, Braskem SA, DuPont Tate & Lyle Bio Products Company LLC, Evonik Industries AG, IP Group Plc, Koninklijke DSM NV, LyondellBasell Industries NV, Merck KGaA, Parchem fine & specialty chemicals Inc., and PTT Global Chemical Public Co. Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
The increase in the demand for biofuels is likely to emerge as one of the primary drivers of the market. However, the high production cost may threaten the growth of the market.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Backed with competitive intelligence and benchmarking, our research reports on the bio-based platform chemicals market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Materials Include:
Global Bio-based Propylene Glycol Market - Global bio-based propylene glycol market is segmented by application (unsaturated polyester resins, functional fluids and antifreeze products, pharmaceuticals, cosmetics, and food, detergents and household products, and other applications) and geography (North America, APAC, Europe, MEA, and South America).
Download Exclusive Free Sample Report
Global Bio Vanillin Market - Global bio vanillin market is segmented by end-user (food and beverages, fragrances, and pharmaceuticals) and geography (Europe, North America, APAC, South America, and MEA).
Download Exclusive Free Sample Report
Bio-based Platform Chemicals Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Chemical type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/bio-based-platform-chemicals-market-industry-analysis
Newsroom: newsroom.technavio.com/news/bio-based-platform-chemicalsmarket
SOURCE Technavio
Share this article