Global Green Chemicals Market, Global Green Biopolymers Market: Ken Research

1. 3 Key Insights on US$ 17 Bn Opportunity in the Global Green Chemicals Market: Ken Research Driven by the rising demand for green chemicals in various industries along with the scarcity of non- renewable resources and increasing need for green chemicals, the Global Green Chemicals Market is Forecasted to reach nearly US$ 17 Bn by 2028 says Ken Research Study. Green chemicals or bio-based chemicals are renewable and eco-friendly substances primarily driven from bio-based raw materials related to plants or animals. Green chemicals are designed to maintain the ecological balance as it helps reduces the harmful impact on the environment regarding disposal, transportation, packaging, processing, fabrication, and others. Ken Research shares 3 key insights on this high-demand market from its latest research study. 1.Rising Concerns Regarding the Fossil Fuel Depletion Encourage Market Growth The growing demand for renewable alternatives to fossil fuels for the production of green chemicals is boosting the growth of the Green Chemicals market in the forecasted period. The increase in supportive governmental regulations for promoting green chemicals is anticipated to propel market growth. However, the lack of commercialization of bio-based products may hamper the growth of the market. According to Ken Research estimates, the Global Green Chemicals Market– valued at around US$ 6 Bn in 2017 and estimated to reach nearly US$ 10 Bn by 2022 – is expected to grow to around US$ 17 Bn opportunity by 2028. Global Green Chemicals Market Revenue Forecast (in US$ Bn), 2022-2028 ~US$ 17 Bn ~US$ 10 Bn 2022E 2028F Source: Ken Research Analysis

2. 2.Increasing Demand for Biochemicals is Driving the Market Growth The rising demand for environmentally friendly chemicals to build a sustainable environment along with the scarcity of non-renewable resources is anticipated to aid the growth of the market. Moreover, increasing the adoption of sustainable products like biodiesel over diesel or biochemical over chemicals is expected to bolster the growth of the global green chemicals market. The below graph depicts the increasing production of biodiesel in the USA. Request For Free Sample Report report.php?Frmdetails=NTk2MTcz @ https://www.kenresearch.com/sample- USA Production of Biodiesel & Renewable Diesel (Million of Gallons), 2018-2019 2,800 2,630 2018 2019 Source: EPA AMTS, Ken Research Analysis 3.High Costs of Green Chemicals Are the Most Significant Barrier to the Growth of the Market. The high prices of green chemicals as well as the availability of much cheaper alternatives like synthetic chemicals may hamper the growth of the market. In addition, the lack of awareness and commercialization of bio-based products may restrict the growth of the market. Moreover, the R&D for green chemicals is time-consuming as well as requires high investment which may restrict the growth of the market.

3. Scenario of Green Economy, 2019 11% 28% 10% Green Chemistry Green Energy Sustainability Green Engineering Nanotechnology 22% Others 14% 15% Source: EPA AMTS, Ken Research Analysis Key Topics Covered in the Report:- Snapshot of the Global Green Chemicals Market Industry Value Chain and Ecosystem Analysis of the Green Chemicals Market Market size and Segmentation of the Global Green Chemicals Market Historic Growth of the Overall Global Green Chemicals Market and Segments Competition Scenario of the Green Chemicals Market and Key Developments of Competitors Porter’s 5 Forces Analysis of the Global Green Chemicals Industry Overview, Product Offerings, and Strategic Developments of Key Competitors COVID-19 Impact on the Overall Global Green Chemicals Market Future Market Forecast and Growth Rates of the Global Green Chemicals Market and by Segments Market Size of End-User/End-User Segments with historical CAGR and Future Forecasts Analysis of the Green Chemicals Market in Major Regions Major Production / Consumption Hubs in the Major Regions Major Production/Supply and Consumption/Demand Hubs in Each Region Major Country-wise Historic and Future Market Growth Rates of the Total Green Chemicals Market and Segments Overview of Notable Emerging Competitor Companies within Each Major Region Major Companies Mentioned in the Report:- Cargill, Incorporated Mitsubishi Chemical Group Corporation. BASF SE DuPont DSM Evonik

4. Plantic Bayer Material Science AG Verdant Law Arkema Notable Emerging Companies Mentioned in the Report Bio-Kleen Products, Inc. Palmer Industries, Inc. Thermafiber, Inc. Vertec BioSolvents Inc. Total Corbion PLA Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report Green Chemicals Manufacturers Chemical Manufacturers Bio-Alcohol Manufacturers Packaging Manufacturers Research & Consulting Firms Research and Development Associations Investment Banking & Financial Institutes Research & Development Institutes for Green Chemicals Green Chemicals Providers Green Chemicals Research Organizations Green Chemicals Suppliers Investors in Green Chemicals Start-ups Green Chemicals Distributors Government Ministries and Departments of Chemical Industry Chemical Industry Regulatory Bodies Period Captured in the Report:- Historical Period: 2017-2021 Forecast Period: 2022E-2028F For more insights on the market intelligence, refer to the link below:- Global Green Chemicals Market