Asia-Pacific Bio-based Platform Chemicals Market - Segmented by Application, Type, and Geography - Growth, Trends and Forecasts (2018 - 2023)
Latest Report Available at Orbis Research Asia-Pacific Bio-based Platform Chemicals Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth
(EMAILWIRE.COM, August 15, 2018 ) The Asia-Pacific bio-based platform chemicals market is estimated to grow at a higher rate during the forecast period 2018-2023. China is estimated to lead the regional market supported by the ongoing surge in demand owing to government’s regulations and increasing customer’s preference for eco-friendly products over conventional petro-based products.
Request sample copy of Asia-Pacific Bio-Based Platform Chemicals Market report at: http://www.orbisresearch.com/contacts/request-sample/2149477
C3 Chemicals to Dominate the Market
Platform chemicals are basically composed of 2-6 carbons, which are used as an intermediate in the production of various chemicals. In 2017, C3 chemicals (bio-glycerol and bio-3-hydroxypropionic acid) together accounted for the highest consumption among all the bio-based platform chemicals owing to their unique properties and usage as different alcohols, acids, and resins. Bio-based glycerol is increasing replacing synthetic alternatives that is produced from propene, as a drop-in alternative. 3-hydroxypropionic acid (HPA) can be majorly used as a raw material for the production of bio-based acrylic acid. Other potential applications include the production of 1,3-propanediol, acrylamide, and acrylonitrile.
Read more details of the report at: http://www.orbisresearch.com/reports/index/asia-pacific-bio-based-platform-chemicals-market-segmented-by-product-type-application-and-geography-growth-trends-and-forecast-2018-2023
Stringent Government Regulation to Drive the Demand
The stricter regulations for the usage of petro-based products owing to their harmful environmental effects, and continuous decreasing fossil fuel reserve has driven the demand for bio-based platform chemicals. Crude glycerol is the major by-product in the manufacturing of bio-diesel. Continuous R&D and technological advancements are providing opportunities for the bio-based platform chemicals.
China being the Major Country to Dominate the Market
China has accounted the highest market share among other South American countries in this market in 2017 and is expected to continue its dominance in the region at a moderately high CAGR during the forecast period. The market in this region is driven by the availability of raw materials, growing awareness against traditional petro-based products and other factors. The countries, like India, ASEAN countries, etc. are expected to have faster growth rate during the forecast period.
Major Players: BASF SE, BioAmber, Cargill, Myriant Corporation, PTT Global Chemical Public Company, DSM, etc., among others.
Reasons to Purchase this Report
To understand the impact of increasing stringent regulations on the market
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market share/ranking, and strategies employed by the major market players
3-month analyst support, along with the Market Estimation sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Companies Mentioned:
BASF SE, BioAmber, Cargill Incorporated, Myriant Corporation, PTT Global Chemical Public Company, Novozymes, INEOS, DowDuPont, Kawasaki Kasei Chemicals, LyondellBasell Chemicals, Mitsui Chemicals, Inc., Tokyo Chemical Industry Co., Ltd, Yantai shanshui chemical technology Co. Ltd., Yield10Bioscience, Inc.,etc.
Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/2149477
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Request sample copy of Asia-Pacific Bio-Based Platform Chemicals Market report at: http://www.orbisresearch.com/contacts/request-sample/2149477
C3 Chemicals to Dominate the Market
Platform chemicals are basically composed of 2-6 carbons, which are used as an intermediate in the production of various chemicals. In 2017, C3 chemicals (bio-glycerol and bio-3-hydroxypropionic acid) together accounted for the highest consumption among all the bio-based platform chemicals owing to their unique properties and usage as different alcohols, acids, and resins. Bio-based glycerol is increasing replacing synthetic alternatives that is produced from propene, as a drop-in alternative. 3-hydroxypropionic acid (HPA) can be majorly used as a raw material for the production of bio-based acrylic acid. Other potential applications include the production of 1,3-propanediol, acrylamide, and acrylonitrile.
Read more details of the report at: http://www.orbisresearch.com/reports/index/asia-pacific-bio-based-platform-chemicals-market-segmented-by-product-type-application-and-geography-growth-trends-and-forecast-2018-2023
Stringent Government Regulation to Drive the Demand
The stricter regulations for the usage of petro-based products owing to their harmful environmental effects, and continuous decreasing fossil fuel reserve has driven the demand for bio-based platform chemicals. Crude glycerol is the major by-product in the manufacturing of bio-diesel. Continuous R&D and technological advancements are providing opportunities for the bio-based platform chemicals.
China being the Major Country to Dominate the Market
China has accounted the highest market share among other South American countries in this market in 2017 and is expected to continue its dominance in the region at a moderately high CAGR during the forecast period. The market in this region is driven by the availability of raw materials, growing awareness against traditional petro-based products and other factors. The countries, like India, ASEAN countries, etc. are expected to have faster growth rate during the forecast period.
Major Players: BASF SE, BioAmber, Cargill, Myriant Corporation, PTT Global Chemical Public Company, DSM, etc., among others.
Reasons to Purchase this Report
To understand the impact of increasing stringent regulations on the market
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market share/ranking, and strategies employed by the major market players
3-month analyst support, along with the Market Estimation sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Companies Mentioned:
BASF SE, BioAmber, Cargill Incorporated, Myriant Corporation, PTT Global Chemical Public Company, Novozymes, INEOS, DowDuPont, Kawasaki Kasei Chemicals, LyondellBasell Chemicals, Mitsui Chemicals, Inc., Tokyo Chemical Industry Co., Ltd, Yantai shanshui chemical technology Co. Ltd., Yield10Bioscience, Inc.,etc.
Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/2149477
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results