Renewable Chemicals Market: WinningImperatives and market forecast (2010 -2015)The global renewable chemicals market is estimated to reach US$ 67.13 billion in2015 from about US$ 38.67 billion in 2010. The alcohols segment holds the largestmarket share, while the polymers segment is expected to have the highest growthrate due to the increasing applications of bio-polymers in the manufacture ofbiodegradable and compostable plastics and in consumer goods such as cell phonesand laptops.The major factor driving the growth of the renewable chemicals market is thegrowing consumer demand and governmental support for ‘green’ products thatreduce greenhouse gas emissions. Renewable chemicals also reduce dependence onfinite non-renewable petroleum resources.Original Source: Renewable Chemicals MarketMarket estimates and forecastThe report provides in-depth market estimates and forecast for globalrenewable chemicals market as follows:Products: Alcohols, organic chemicals, ketones, polymers, and other markets.Application: Industrial, transportation, textiles, food safety, environment,communication, housing, recreation, health and hygiene, and other applications.Catalysis: Biocatalysis and chemical catalysisTechnology: Thermo-chemical conversion, fermentation and bioconversion, productseparation and bioconversion, enzymatic hydrolysis, gasification-fermentation, acidhydrolysis, biochemical-thermochemical, biochem-organisolve, fischer-tropsch diesel,reductive transformation, dehydrative transformation, and other technologies.Platform Chemicals: 1, 4-diacids, 2, 5-furan dicarboxylic acid, 3-hydroxypropionicacid, aspartic acid, glucaric acid, glutamic acid, itaconic acid, levulinic acid, glycerol,and other chemicals.Bio feedstock: Starch, cellulose, lignin and oil/fats/protein.Source: Plant biomass, animal biomass, and marine biomass.Market estimates and forecastThe renewable chemicals market is expected to grow from $ 38.67 billion in 2010 to$ 67.13 billion in 2015 at an estimated CAGR of 11.66% from 2010 to 2015.What makes our reports unique?
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