According to a market report by Lucintel, the future of the global green chemical market looks promising with opportunities in the bio-based polymer, bio-based solvent, bio-based surfactant, bio-based plasticizer, bio-based lubricant, bio-based fuel additive, bio-based pharmaceutical, and bio-based agrochemical markets. The global green chemical market is expected to grow with a CAGR of 7.1% from 2024 to 2031. The major drivers for this market are the increasing demand for sustainable chemical alternatives, the rising adoption of eco-friendly manufacturing processes, and the growing government regulations on environmental impact.
A more
than 150-page report to understand trends, opportunity and forecast in global green
chemical market to 2031 by product type (renewable feedstocks, bio-based
chemicals, non-biodegradable products, and biodegradable products), technology
(biomass conversion, catalysis, electrochemistry, and fermentation),
application (bio-based polymers, bio-based solvents, bio-based surfactants,
bio-based plasticizers, bio-based lubricants, bio-based fuel additives,
bio-based pharmaceuticals, and bio-based agrochemicals), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the product type category, renewable feedstock is
expected to witness the highest growth over the forecast period.
Within the
application category, bio-based polymer is expected to witness the highest
growth.
Download
sample by clicking on green chemical
market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Lanxess,
Solvay, Eastman Chemical Company, Mitsui Chemicals, LG Chem, BASF, Mitsubishi
Chemical Holdings Corporation, Evonik Industries, SABIC, Bayer are the major
suppliers in the green chemical
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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