The Bio-based Platform Chemicals market size was valued at USD 16.94 billion in 2024 and is expected to reach USD 28.69 billion by 2032, growing at a CAGR of 6.81% over the forecast period of 2025-2032.
The bio-based platform chemicals industry is projected is to be driven by the rising sustainability guidelines and overall demand considering the renewable chemicals market solutions. Top bio-based platform chemicals producers such as BASF and Corbion set up commercial-size bio-succinic acid facilities, to propel production of levulinic acid and bio-glutamic acid. Expansion of the green solvents market also complements the market trends in favor of sustainable alternatives. R&D funding provided by the U.S. Department of Energy are promoting the development of novel bioprocesses in the biorefineries, thereby augmenting the bio-based platform chemicals market. The 2023 USDA economic impact analysis notes biobased products added $489 billion to the U.S. economy in 2021, up 5.1% from the previous year, and displaced 10.7 million barrels of petroleum equivalents. The IEA estimates bio-based products growth at more than $10 billion in global chemical market sales, with increasing bio-based platform chemicals market share and a well-defined market analysis.
Drivers:
Increasing Corporate Sustainability Commitments Accelerate Bio-based Platform Chemicals Market Growth
The rising trend of corporate sustainability programs is increasing the bio-based platform chemicals market demand as corporation are looking to lower their carbon footprint with renewable chemicals market solutions. Leading companies for bio-based platform chemicals producers, such as BASF and Corbion, have scaled up the production of levulinic acid and bio glutamic acid, in line with environmental, social, and governance (ESG) objectives. Additional funding from the U.S. Department of Energy into biorefining innovations also contributes to this expansion, by providing for the greener manufacturing. For instance, funding from DOE in excess of USD 100 million towards development of advanced bio-based technologies is likely to positively influence bio-based platform chemicals market share and size through reduction in production expenses as well as scalability. This emphasis on sustainability, driven by government subsidies and public pressure, is consistently shaping bio-based platform chemicals market outlook, further promoting green solvents market penetration and proliferating renewable chemical solutions across the world.
Rising Consumer Preference for Green Solvents Accelerates Renewable Chemicals Market Penetration
Growing consumer interest in nontoxic, eco-friendly products is driving industrial inclination towards green solvents in the bio-based platform chemicals market. Levulinic acid and bio glutamic acid based bio solvents are increasingly being used in pharma, cosmetics and paints as they are less harmful for the environment and are also biodegradable. According to the United States Environmental Protection Agency, green solvents limit volatile organic compound emissions up to 30 percent, while the right green solvent formulae can help balance emissions against industrial standards. Companies of bio-based platform chemicals are ramping up their production capacities to cater to this movement, aiding in propelling the market for bio-based platform chemicals by making bio-based products more available and accepted. Integration of these solvents contributes to the larger move toward the renewable chemicals market by replacing petro chemicals, and the trend in bio-based platform chemicals market is an extension of the environmental commitment and circular economy practices.
Restraints:
Limited Feedstock Availability and Seasonal Variability Hinder Bio-based Platform Chemicals Market Expansion
Growth of the bio-based platform chemicals market is limited by availability of conducted feedstock and fluctuating volumes of production due to seasonality. Dependence on agri-biomass, such as corn and sugarcane for example, means manufacturers are vulnerable to market fluctuations and weather-related disruptions, among other obstacles, factors that the U.S. Depart-ment of Agriculture has identified as significant risks within the biobased products industry. The inconsistency of feedstock supply and quality belongs to the obstacles for optimization the process for commercialization of bio-based chemicals, which are levulinic acid and bio-glutamic acid. This lack of clarity undermines the reliability of the renewable chemicals market and results in skepticism among end-users and investors. Competing for arable land with food crops is another issue, which raises sustainability doubts that could influence future bio-based platform chemicals market outlook. Feedstock diversification and utilization of lignocellulosic biomass are key to addressing these barriers.
By Product
Glycerol dominated the bio-based platform chemicals market in 2024 with a 24.9% share, driven by its versatility in pharmaceuticals, personal care, and food applications. Major companies such as Cargill and BASF have invested in increased glycerol production with the help of USDA programs encouraging sustainable bioproducts. Its addition to green solvents and sustainable chemicals markets is also in line with the increasing consumer demand for environmentally-friendly ingredients. This dominance is attributed to the increasing trend of bio-based platform chemicals for multifunctional and renewable feedstock offering market growth opportunities.
Aspartic acid is the fastest-growing segment, with a forecast CAGR of 9.62%, propelled by its expanding use in biodegradable polymers and specialty chemicals. With supporting technological developments by bio-based platform chemicals producers, the fermentation efficiency has improved to cater the growing demand for pharmaceuticals and food additives. Government funded R&D programs, such as U.S. DOE for advanced bio-based processes are additional drivers. This reflects a shift in the market for renewable chemicals to premium, sustainability produced amino acid derivatives and in tow the bio-based platform chemical market.
By End-use
Bioplastics/polymers dominated the end-use segments with a 26.8% share in 2024, fueled by rising environmental concerns and regulatory support promoting sustainable packaging and automotive parts. Companies including Braskem and NatureWorks are ramping up production of bio-based polyethylene and polylactic acid. This trend is supported by efforts of the U.S. Environmental Protection Agency to reduce plastic waste and increase adoption of biobased materials. This expansion corresponds with the bio-based platform chemicals industry moving towards renewable chemicals and circular economy solutions.
The bioplastics/polymers segment is projected to grow fastest, with a 7.3% CAGR, driven by increasing demand for eco-friendly alternatives in packaging, textiles, and automotive industries. Government support, such as these USDA grants for bioplastic innovation, and EPA’s efforts to promote sustainable materials, propel adoption. Bio-based platform chemicals producers are heavily investing in this sector to grab market share and to address consumers’ need for biodegradable and renewable polymers. This mirrors a broader bio-based platform chemicals market move toward more sustainable solutions.
Asia Pacific dominates the bio-based platform chemicals market with a commanding 35.6% market share, attributed to rapid industrialization, growing environmental awareness, and significant biorefinery investments, especially in China and India. Government incentives promoting renewable chemicals market adoption have encouraged bio-based platform chemicals companies to scale production of bio glutamic acid and bioplastics. China’s Five-Year Plans emphasize green chemistry, fueling demand for bio-based solvents and polymers. This dynamic regional growth mirrors broader bio-based platform chemicals market trends, driven by expanding applications across packaging, automotive, and personal care sectors.
Europe, the third dominating region with a market share of 22.9%, is also the fastest growing with a CAGR of 7.32%, propelled by stringent environmental regulations and supportive policies such as the European Green Deal. Germany and France lead the region with strong bioeconomy strategies and investments in renewable chemicals market innovations. The EU’s Circular Economy Action Plan drives demand for bio-based polymers and green solvents, while companies like BASF invest heavily in levulinic acid production, demonstrating dynamic bio-based platform chemicals market growth and analysis. These factors solidify Europe’s growing prominence within the global market.
North America held the position as the second-dominant region in the bio-based platform chemicals market in 2024, with a market share of 27.2%, driven by its robust biorefinery infrastructure and strong government support. The U.S. leads the region with a market size of USD 3.34 billion in 2024 and is projected to reach a value of USD 5.58 billion with a market share of about 72%, bolstered by USDA initiatives that promote sustainable bio-based products and extensive R&D funding from the Department of Energy. Companies like Cargill and DuPont have expanded production of levulinic acid and bio-glutamic acid, aligning with the green solvents market growth. Canada’s investments in renewable chemicals further strengthen regional market growth, reflecting evolving bio-based platform chemicals market trends and increasing adoption across pharmaceuticals and polymers.
The major bio-based platform chemicals market competitors include BASF SE, Cargill, Incorporated, Braskem S.A., DuPont Tate & Lyle Bio Products Company, DSM-Firmenich, Evonik Industries AG, Mitsubishi Chemical Group Corporation, PTT Global Chemical Public Company Limited, GFBiochemicals Ltd., and BioAmber Inc. (ARD)
In May 2025, Cargill partners with ASU on semiconductor materials. Cargill Bioindustrial and Arizona State University began a year‑long study of Priamine bio‑amines to enhance semiconductor film performance and sustainability
In April 2024, CovationBio PDO (Primient Covation LLC) celebrates 20 years of Susterra/Zemea PDO, announces 33 kt expansion to meet global 1,3-propanediol demand
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 16.94 billion |
| Market Size by 2032 | USD 28.69 billion |
| CAGR | CAGR of 6.81% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Product (Succinic Acid, Malic Acid, Hydroxypropionic Acid, Aspartic Acid, Glucaric Acid, 1,3-Propanediol (PDO), 1,5-Pentanediamine, Itaconic Acid, Glycerol, Others) •By End-use (Food & Beverage, Pharmaceutical, Bioplastics/Polymers, Industrial Chemicals, Biofuel, Research & Development, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | BASF SE, Cargill, Incorporated, Braskem S.A., DuPont Tate & Lyle Bio Products Company, DSM-Firmenich, Evonik Industries AG, Mitsubishi Chemical Group Corporation, PTT Global Chemical Public Company Limited, GFBiochemicals Ltd., and BioAmber Inc. (ARD) |
The bio-based platform chemicals market size was valued at USD 16.94 billion in 2024 globally.
The bio-based platform chemicals market is expected to grow at a CAGR of 6.81% from 2025 to 2032.
Glycerol dominates the market due to its versatile use across pharmaceuticals, personal care, and food applications.
Asia Pacific leads the market with 35.6% share, followed by North America at 27.2%, and Europe at 22.9%.
Bio-glutamic acid and aspartic acid are increasingly used in pharmaceuticals and biodegradable specialty chemical applications.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Bio-based Platform Chemicals Price Trends, 2024
5.2 Government Incentives Impact Analysis, 2024
5.3 Bio-based Platform Chemicals Trade Balance
5.4 Product Pipeline and Commercial Launch Trends
5.5 Lifecycle Emissions Comparison by Product
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Bio-based Platform Chemicals Market Segmentation By Product
7.1 Chapter Overview
7.2 Succinic Acid
7.2.1 Succinic Acid Trend Analysis (2021-2032)
7.2.2 Succinic Acid Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Malic Acid
7.3.1 Malic Acid Market Trends Analysis (2021-2032)
7.3.2 Malic Acid Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Hydroxypropionic Acid
7.4.1 Hydroxypropionic Acid Trend Analysis (2021-2032)
7.4.2 Hydroxypropionic Acid Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Aspartic Acid
7.5.1 Aspartic Acid Market Trends Analysis (2021-2032)
7.5.2 Aspartic Acid Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Glucaric Acid
7.6.1 Glucaric Acid Trend Analysis (2021-2032)
7.6.2 Glucaric Acid Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 1,3-Propanediol (PDO)
7.7.1 1,3-Propanediol (PDO) Market Trends Analysis (2021-2032)
7.7.2 1,3-Propanediol (PDO) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.8 1,5-Pentanediamine
7.8.1 1,5-Pentanediamine Trend Analysis (2021-2032)
7.8.2 1,5-Pentanediamine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.9 Itaconic Acid
7.8.1 1,5-Pentanediamine Trend Analysis (2021-2032)
7.8.2 1,5-Pentanediamine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.10 Glycerol
7.8.1 1,5-Pentanediamine Trend Analysis (2021-2032)
7.8.2 1,5-Pentanediamine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.11 Others
7.8.1 1,5-Pentanediamine Trend Analysis (2021-2032)
7.8.2 1,5-Pentanediamine Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Bio-based Platform Chemicals Market Segmentation By End-use
8.1 Chapter Overview
8.2 Food & Beverage
8.2.1 Food & Beverage Market Trends Analysis (2021-2032)
8.2.2 Food & Beverage Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Pharmaceutical
8.3.1 Pharmaceutical Market Trends Analysis (2021-2032)
8.3.2 Pharmaceutical Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Bioplastics/Polymers
8.4.1 Bioplastics/Polymers Market Trends Analysis (2021-2032)
8.4.2 Bioplastics/Polymers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Industrial Chemicals
8.5.1 Industrial Chemicals Market Trends Analysis (2021-2032)
8.5.2 Industrial Chemicals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Biofuel
8.6.1 Biofuel Market Trends Analysis (2021-2032)
8.6.2 Biofuel Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Research & Development
8.7.1 Research & Development Market Trends Analysis (2021-2032)
8.7.2 Research & Development Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2021-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Bio-based Platform Chemicals Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.2.3 North America Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.2.4 North America Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.2.5.2 USA Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.2.6.2 Canada Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.2.7.2 Mexico Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3 Europe
9.3.1 Trends Analysis
9.3.2 Europe Bio-based Platform Chemicals Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.3.3 Europe Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.4 Europe Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.5 Germany
9.3.5.1 Germany Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.5.2 Germany Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.6 France
9.3.6.1 France Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.6.2 France Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.7 UK
9.3.7.1 UK Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.7.2 UK Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.8 Italy
9.3.8.1 Italy Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.8.2 Italy Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.9 Spain
9.3.9.1 Spain Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.9.2 Spain Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.10 Poland
9.3.10.1 Poland Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.10.2 Poland Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.11 Turkey
9.3.11.1 Turkey Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.11.2 Turkey Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.3.12 Rest of Europe
9.3.12.1 Rest of Europe Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.3.12.2 Rest of Europe Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Bio-based Platform Chemicals Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.4.3 Asia Pacific Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.4 Asia Pacific Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.5.2 China Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.5.2 India Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.5.2 Japan Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.6.2 South Korea Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.7 Singapore
9.4.7.1 Singapore Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.7.2 Singapore Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
8.4.8 Australia
8.4.8.1 Australia Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
8.4.8.2 Australia Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.4.9 Rest of Asia Pacific
9.4.9.1 Rest of Asia Pacific Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.4.9.2 Rest of Asia Pacific Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5 Middle East & Africa
9.5.1 Trends Analysis
9.5.2 Middle East & Africa Bio-based Platform Chemicals Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.5.3 Middle East & Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.4 Middle East & Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5.5 UAE
9.5.5.1 UAE Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.5.2 UAE Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5.6 Saudi Arabia
9.5.6.1 Saudi Arabia Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.6.2 Saudi Arabia Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5.7 Qatar
9.5.7.1 Qatar Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.7.2 Qatar Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5.8 South Africa
9.5.8.1 South Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.8.2 South Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.5.9 Rest of Middle East & Africa
9.5.9.1 Rest of Middle East & Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.5.9.2 Rest of Middle East & Africa Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Bio-based Platform Chemicals Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.6.3 Latin America Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.6.4 Latin America Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.6.5.2 Brazil Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.6.6.2 Argentina Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
9.6.7 Rest of Latin America
9.6.7.1 Rest of Latin America Bio-based Platform Chemicals Market Estimates and Forecasts, By Product (2021-2032) (USD Billion)
9.6.7.2 Rest of Latin America Bio-based Platform Chemicals Market Estimates and Forecasts, By End-use (2021-2032) (USD Billion)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/Services Offered
10.1.4 SWOT Analysis
10.2 Cargill, Incorporated
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/Services Offered
10.2.4 SWOT Analysis
10.3 Braskem S.A.
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/Services Offered
10.3.4 SWOT Analysis
10.4 DuPont Tate & Lyle Bio Products Company
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/Services Offered
10.4.4 SWOT Analysis
10.5 DSM-Firmenich
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/Services Offered
10.5.4 SWOT Analysis
10.6 Evonik Industries AG
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/Services Offered
10.6.4 SWOT Analysis
10.7 Mitsubishi Chemical Group Corporation
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/Services Offered
10.7.4 SWOT Analysis
10.8 PTT Global Chemical Public Company Limited
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/Services Offered
10.8.4 SWOT Analysis
10.9 GFBiochemicals Ltd.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/Services Offered
10.9.4 SWOT Analysis
10.10 BioAmber Inc. (ARD)
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Products/Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Succinic Acid
Malic Acid
Hydroxypropionic Acid
Aspartic Acid
Glucaric Acid
1,3-Propanediol (PDO)
1,5-Pentanediamine
Itaconic Acid
Glycerol
Others
By End-use
Food & Beverage
Pharmaceutical
Bioplastics/Polymers
Industrial Chemicals
Biofuel
Research & Development
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players