Global Green Chemicals Market

Global Green Chemicals Market By Product Type (Bio-alcohols, Bio-organic Acids, Bio-ketones, Biopolymers, Platform Chemicals and Others), By Application (Construction, Healthcare, Pharmaceuticals, Packaging, Food & Beverages, Paints & Coatings, Automotive, Agriculture and Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)-Global Forecast to 2027

Global Green Chemicals Market Overview:

The Green chemicals refer to chemicals that do not cause direct or indirect harm to people and do not cause direct or indirect pollution to the environment during production and use. Green chemicals are the products of chemical greening. The green chemicals should have three major elements: the starting materials of this product should come from renewable raw materials, such as agricultural waste. The product itself must not cause environmental protection or health problems, including no damage to wildlife, beneficial insects, or plants. When the product is used, it should be recyclable or easily degraded into harmless substances in the environment.

Global Green Chemicals Market Insights

The global green chemicals market estimated to grow at a significant CAGR of over the forecast period, 2020-2027. The growth of the market is driven by rising awareness among consumers for sustainable products. Additionally, the availability of land, economical labor, low transportation costs, and government initiatives will spur the growth of global green chemicals market size in future periods. The low maintenance and operational costs and government initiatives & policy in many developed countries have implemented related to the environment that will trigger the growth of the global green chemicals industry. The growing adoption of bio-based packaging, harmful effects of inorganic chemicals, and swelling concerns regarding the fast-paced fossil fuel depletion will foster the growth of the green chemicals market. Further, the growing government initiatives and investments for the green city in developed and developing countries will complement the industry growth.

Moreover, the surge in the application of green chemicals to promote the preservation of non-renewable natural resources and reduces the certain environmental impact regarding recycling, disposal, transportation, installation, processing, and fabrication will boost the growth of the green chemicals industry.  With the deepening of global economic integration and people’s demand for environmental protection, the chemical industry is constantly carrying out green technologies. The upsurge in demand for green chemicals is particularly high from the textile industry that will propel the green chemicals demand globally. The pressure on safety and environmental protection in the development of the industry and the constraints on factor costs are becoming increasingly prominent factors for the growth of the green chemicals market.

Growth Driver

The surge in demand for green chemicals in buildings and construction industry

Multinational chemical companies are launching sustainable construction chemicals and related technologies to seize the opportunities in the energy-saving and environmentally friendly construction market. In the future, new buildings in the developed countries will have zero energy consumption. The commercial potential of sustainable building materials is affected by many factors such as energy, environment, society, legislation, and management, and the market will expand rapidly in the next few years.

Previously, the demand for green building chemicals was mainly from developed countries. The recent recovery of the construction market will be mostly concentrated in emerging economies led by China, India, Brazil, and Russia. The changes in architectural styles and increasing awareness of energy saving in developing countries have made it a major application market for green building chemicals and materials. The construction industry in emerging economies such as Asia-Pacific, South America, and the Middle East will lead the developed countries.

Product Type Segmental Analysis

Based on the product type, the global green chemicals market segregated into bio-alcohols, bio-organic acids, bio-ketones, biopolymers, platform chemicals, and others. The bio-alcohols segment held a higher market share in 2019 and projected to dominate the global green chemicals market by 2027, due to its broad usage in various applications and eco-friendly properties. Additionally, bioethanol’s high-volume adoption for biofuels and the growing usage of bio-alcohol as an intoxicating agent in alcoholic beverages will spur the bio-alcohols green chemical market.

The bio-ketones will grow at a significant CAGR in the forecast period due to the surge in bio-ketones’ role in pharmaceutical, agrochemical, and chemical industries.

Application Segmental Analysis

Based on the application, the global green chemicals market segmented into construction, healthcare, pharmaceuticals, packaging, food & beverages, paints & coatings, automotive, agriculture, personal care, and others. The construction segment accounted for the largest market share in 2019 due to the surge in demand for green chemicals in the construction industry. It is sustainable and can be easily recycled. It enhances the performance of emerging building technologies like new thermoset hotmelts, structural tapes, and multi-purpose adhesives.

Personal care will grow at a noteworthy rate during the analysis timeframe due to the rise in awareness regarding the benefits of bio-based beauty and personal hygiene products, over synthetic chemical-based beauty products.

Region Segmental Analysis

By geography, the global green chemicals market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held for the highest market share in 2019 and will witness to gain maximum market revenue by 2027. Due to the growing demand for sustainable products, rising demand for eco-friendly packaging, and the upsurge in demand for green chemicals in intermediate chemical production.

Europe will capture a prominent share of the green chemicals market by 2027 due to the growing environmental concerns in the region, and government support for the adoption of environment-friendly chemicals.

Competitor Analysis

Companies such as BASF SE, Cargill Inc., DowDuPont Inc., INEOS AG, Koninklijke DSM NV, Arkema Group, Abengoa, Aura Biotechnologies, Avantium N.V., BioAmber Inc., Cardia Bioplastics, Dongguan Xinhai Environmental-Friendly Material Co. Ltd., Mitsubishi Chemical Corporation, Plantic Technologies Ltd., and Toray Industries Inc are the key players in the global green chemicals market.

Key Stakeholders

  • Market research and consulting firms
  • Industry associations
  • Global green chemicals manufacturing firm
  • Research organizations and consulting companies
  • Organizations, associations, and alliances related to green chemicals
  • Regulatory bodies
  • Suppliers
  • Retailers

The objective of the Research

  • Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
  • Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
  • Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
  • Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
  • The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Product Type

  • Bio-alcohols
  • Bio-organic Acids
  • Bio-ketones
  • Biopolymers
  • Platform Chemicals
  • Others

By Application

  • Construction
  • Healthcare
  • Pharmaceuticals
  • Packaging
  • Food & Beverages
  • Personal care
  • Paints & Coatings
  • Automotive
  • Agriculture
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Global Green Chemicals Market

Report Content

  1. Research Strategic Development
    • Market Modelling
    • Product Analysis
    • Market Trend and Economic Factors Analysis
    • Market Segmental Analysis
    • Geographical Mapping
    • Country Wise Segregation
  2. Research Methodology
    • Identification of Target Market
    • Data Acquisition
    • Refining of Data/ Data Transformations
    • Data Validation through Primary Techniques
    • Exploratory Data Analysis
    • Graphical Techniques/Analysis
    • Quantitative Techniques/Analysis
    • Visual Result/Presentation
  3. Executive Summary
  4. Market Insights
    • Supply Chain Analysis
    • Economic Factor Analysis
      • Drivers
      • Trends
      • Opportunities
      • Challenges
    • New Technological Landscape
    • Competitors & Product Analysis
    • Regulatory Framework
    • Company market share analysis, 2019
    • Porter’s Five forces analysis
    • New Investment Analysis
    • PESTEL Analysis
  5. Global Green Chemicals Market Overview
    • Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Region
          • North America
          • Europe
          • Asia Pacific
          • South America
          • Middle East & Africa
  1. North America Green Chemicals Market Overview
    • North America Green Chemicals Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • North America Green Chemicals Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Country
          • US
          • Canada
          • Mexico
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on North America Green Chemicals Market
  1. Europe Green Chemicals Market Overview
    • Europe Green Chemicals Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • Europe Green Chemicals Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Country
          • Germany
          • UK
          • France
          • Italy
          • Rest of Europe
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Europe Green Chemicals Market
  1. Asia Pacific Green Chemicals Market Overview
    • Asia Pacific Green Chemicals Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • Asia Pacific Green Chemicals Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Country
          • China
          • India
          • Japan
          • Australia
          • Rest of Asia Pacific
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Asia Pacific Green Chemicals Market
  1. South America Green Chemicals Market Overview
    • South America Green Chemicals Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • South America Green Chemicals Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Country
          • Brazil
          • Argentina
          • Rest of South America
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on South America Green Chemicals Market
  1. Middle East & Africa Green Chemicals Market Overview
    • Middle East & Africa Green Chemicals Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Kilotons)
      • Middle East & Africa Green Chemicals Market Share & Forecast, 2016-2027
        • By Product Type
          • Bio-alcohols
          • Bio-organic Acids
          • Bio-ketones
          • Biopolymers
          • Platform Chemicals
          • Others
        • By Application
          • Construction
          • Healthcare
          • Pharmaceuticals
          • Packaging
          • Food & Beverages
          • Personal care
          • Paints & Coatings
          • Automotive
          • Agriculture
          • Others
        • By Country
          • Saudi Arabia
          • UAE
          • South Africa
          • Rest of Middle East & Africa
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Middle East & Africa Green Chemicals Market
  1. Competitor Analysis
    • Company Description
    • Financial Analysis
    • Key Products
    • Key Management Personnel
    • Contact Address
    • SWOT Analysis
    • Company Profile
      • BASF SE
      • Cargill Inc.
      • DowDuPont Inc.
      • INEOS AG
      • Koninklijke DSM NV
      • Arkema Group
      • Abengoa
      • Aura Biotechnologies
      • Avantium N.V.
      • BioAmber Inc.
      • Cardia Bioplastics
      • Dongguan Xinhai Environmental-Friendly Material Co. Ltd.
      • Mitsubishi Chemical Corporation
      • Plantic Technologies Ltd.
      • Toray Industries Inc
      • Other Prominent Players
       

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