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Global Green Chemicals Market 2019-2023

Global Green Chemicals Market 2019-2023

About this market

Energy and basic hydrocarbon raw materials such as methane play an integral role in the chemical and related manufacturing industries to produce chemicals. Fossil fuels are valuable sources of energy and feedstock. However, high prices and depletion of fossil feedstock reserves such as natural gas, coal, and crude oil have demanded exploration for alternatives to energy and feedstocks for the chemical industry. The rise in energy prices and growing awareness of hazardous effects of conventional energy sources has led governments to invest in alternatives such as green chemicals. Green chemicals can help in meeting the increasing demand for energy without adversely affecting the environment. Government initiatives concerning sustainable energy are also driving the need for green chemicals globally. Sustainable alternative fuels such as hydrogen, bioethanol, and biodiesel (made from vegetable oil) are developed to curb harmful emissions. These alternatives will produce negligible quantities of exhaust pollutants or greenhouse gases. Technavio’s analysts have predicted that the green chemicals market will register a CAGR of almost 10% by 2023.

Market Overview

Stringent government regulations and policies

Rising air and water pollution levels are adversely affecting all countries of the world. Premature deaths were among the 40% of the health risks. The worsening air quality has prompted the government to introduce policies to reduce pollution and protect health. The imposition of stringent regulations by the government agencies is prompting chemical manufacturers to achieve a green environment with minimum or zero harmful emissions. The increased demand for sustainable products has encouraged chemical manufacturers to use bio-based raw materials to produce alcohols, polymers, and other products. Bio-based chemical manufacturers have started following these regulations to achieve sustainable growth in the future.

Barriers in the implementation of green chemicals

Manufacturers of green chemicals have promising opportunities in the growing chemical industry globally. However, there is still a significant gap in the application of green chemicals in many end-user industries, such as electronics and construction. Many barriers are associated with green chemicals such as price and performance issues, supply chain complexities, market chaos, switching costs, and lack of analytical data on economic opportunities. However, the supply chain is unreliable. To overcome the supply chain crisis, there should be a better understanding of the marketplace, smooth collaboration across various levels, development of smart policies for procurement, and consumer awareness by providing product knowledge to chemical industry leaders.

For the detailed list of factors that will drive and challenge the growth of the green chemicals market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented. The presence of several companies, including BASF SE and Cargill Inc., makes the competitive environment quite intense. Factors such as the high demand for green chemicals from emerging economies and scarcity of non-renewable sources will provide significant growth opportunities to the green chemical’s manufacturers. DowDuPont Inc., INEOS AG, and Koninklijke DSM NV. are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Green Chemicals Market 2019-2023

Technavio recognizes the following companies as the key players in the global green chemicals market: BASF SE, Cargill Inc., DowDuPont Inc., INEOS AG, and Koninklijke DSM NV.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing investments in R&D activities.”

According to the report, one of the major drivers in this market is the high demand for green chemicals from emerging economies.

Further, the report states that one of the major factors hindering the growth of this market is the lack of availability of raw materials.

Companies Mentioned

BASF SE

Cargill Inc.

DowDuPont Inc.

INEOS AG

Koninklijke DSM NV

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global chemicals market
      • Table Segments of global chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Bioalcohols - Market size and forecast 2018-2023
      • Table Bioalcohols - Market size and forecast 2018-2023 ($ billions)
      • Table Bioalcohols - Year-over-year growth 2019-2023 (%)
    • Biopolymers - Market size and forecast 2018-2023
      • Table Biopolymers - Market size and forecast 2018-2023 ($ billions)
      • Table Biopolymers - Year-over-year growth 2019-2023 (%)
    • Bio-organic acids - Market size and forecast 2018-2023
      • Table Bio-organic acids - Market size and forecast 2018-2023 ($ billions)
      • Table Bio-organic acids - Year-over-year growth 2019-2023 (%)
    • Bio-ketones - Market size and forecast 2018-2023
      • Table Bio-ketones - Market size and forecast 2018-2023 ($ billions)
      • Table Bio-ketones - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Green electronics for sustainable future
    • Increasing investments in R&D activities
    • Evolution of green chemistry in chemical industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BASF SE
      • Table BASF SE - Vendor overview
      • Table BASF SE - Business segments
      • Table BASF SE - Organizational developments
      • Table BASF SE - Geographic focus
      • Table BASF SE - Segment focus
      • Table BASF SE - Key offerings
    • Cargill Inc.
      • Table Cargill Inc. - Vendor overview
      • Table Cargill Inc. - Business segments
      • Table Cargill Inc. - Organizational developments
      • Table Cargill Inc. - Geographic focus
      • Table Cargill Inc. - Key offerings
    • DowDuPont Inc.
      • Table DowDuPont Inc. - Vendor overview
      • Table DowDuPont Inc. - Business segments
      • Table DowDuPont Inc. - Organizational developments
      • Table DowDuPont Inc. - Geographic focus
      • Table DowDuPont Inc. - Segment focus
      • Table DowDuPont Inc. - Key offerings
    • INEOS AG
      • Table INEOS AG - Vendor overview
      • Table INEOS AG - Business segments
      • Table INEOS AG - Organizational developments
      • Table INEOS AG - Geographic focus
      • Table INEOS AG - Segment focus
      • Table INEOS AG - Key offerings
    • Koninklijke DSM NV
      • Table Koninklijke DSM NV - Vendor overview
      • Table Koninklijke DSM NV - Business segments
      • Table Koninklijke DSM NV - Organizational developments
      • Table Koninklijke DSM NV - Geographic focus
      • Table Koninklijke DSM NV - Segment focus
      • Table Koninklijke DSM NV - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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