Renewable Chemicals (2009 - 2014) ----aarkstore Enterprise

The global renewable chemicals market is estimated to reach US $ 59 billion in 2014 from about US $ 45 billion in 2009

. Though several companies in the chemicals industry were affected by the recent economic crisis, the companies producing renewable chemicals are expected to weather the crisis. The driving force for the renewable chemicals market is the low requirement of capital for both production as well as feedstock. Moreover, consumer demand for green products and governmental support to the industry for reducing dependence on finite non renewable petroleum feedstock as well as reducing green house gas emission has been driving the market for renewable chemicals. The growth of the industrial biotechnology has also contributed to the growth of the overall renewable chemicals market due to their innovations in biocatalysis that finds extensive usage in manufacturing renewable chemicals. Renewable chemicals find industrial, pharmaceutical application as well as in consumer products.

Focus on reducing global green house gas emissions levels has led to an increase in the activities in the field of renewable chemicals. Foreseeing the rising importance of renewable chemicals the major players in the chemicals industry such as Dow, BASF have already rendered an increased attention on this market. Though the market for alcohols in the overall renewable chemicals market accounts for the largest share of the market, polymers is expected to gain the maximum growth rate for the next five years. Renewable chemicals such as polymers are expected to command significant share in the overall polymers market mostly due to their usage in making biodegradable and compostable plastics and consumer goods such as cell phones, laptops etc. Platform chemicals also play an important role in the renewable chemicals market since they contain multiple functional groups and hence present practical potential for their conversion to families of useful products.

Market estimates and forecast

The report provides indepth market estimates and forecast for global renewable chemicals market as follows:

1. Renewable chemicals Products

Alcohols, organic chemicals, ketones, polymers and other markets.

2. Renewable chemicals - Application

Industrial, transportation, textiles, safe food supply, environment, communication, housing, recreation, health & hygiene and other applications.

3. Renewable chemicals Catalysis

Biocatalysis and chemical catalysis

4. Renewable chemicals Technology

Thermo-chemical conversion, fermentation and bioconversion, product separation and bioconversion, enzymatic hydrolysis, gasification-fermentation, acid hydrolysis, biochemical-thermochemical, biochem-organisolve, fischer-tropsch diesel, reductive transformation, dehydrative transformation and other technologies.

For more information please contact :

http://www.aarkstore.com/reports/Renewable-Chemicals-2009-2014--23082.html

http://blogs.aarkstore.com/

From:Aarkstore Enterprise

Contact: Neel

Email: press@aarkstore.com

URL: www.aarkstore.com

by: Aarkstore

Renewable Chemicals (2009 - 2014) ----aarkstore Enterprise

The global renewable chemicals market is estimated to reach US $ 59 billion in 2014 from about US $ 45 billion in 2009

Contact

www.yloan.com

Products

Our Solutions

Press Room

Resources