- The key vendors in the Global Green Chemicals Market 2014-2018 are BioAmber Inc., Braskem SA, Cargill Inc., DSM NV, DuPont Industrial Biosciences, INEOS Group Ltd., Myriant Technologies LLC and Novozymes A/S.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Green Chemicals Market 2014-2018. One of the major trends is the recent advances in technology in the production of green chemicals. Recent advances in technology in the Chemical industry have led to the production of feedstock that is inexpensive and delivers sustainable chemical products. The overall market is expected to grow at a CAGR of 8.16 percent during 2014-2018.
“There has been increased demand for bio-based production of chemicals, which uses renewable raw materials such as vegetable oils, animal fats, sugar and starch, and bio-ethanol,” says Faisal Ghaus, Vice President of TechNavio Research.
“There will be abundant availability of bio-based feedstock in the coming years because these raw materials are renewable and can be used more than once.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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