Green Chemical Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2032

The report on the global green chemicals market provides qualitative and quantitative analysis for the period from 2022-2032. The global green chemicals market was valued at USD 182.53 billion in 2023 and is expected to reach USD 327.38 billion in 2032, with a CAGR of 7.69% during the forecast period 2024-2032. The study on green chemicals market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.

The report on green chemicals market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global green chemicals market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global green chemicals market over the period of 2022-2032. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The increasing government initiatives that offer financial incentives boost the growth of the green chemicals market.
• Technological advancement in green chemicals is the significant driving factor for the growth of the market.

2) Restraints

• The high production cost of green chemicals hampers the sales of green chemicals.

3) Opportunities

• The expanding adoption of bioethanol in the automotive and transportation sectors marks a pivotal opportunity for the flourishing green chemicals market.

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global green chemicals market is segmented on the basis of product type, source, and application.

The Global Green Chemical Market by Product Type

• Bio Alcohols

o Biomethanol

o Bioethanol

o Biopropanol

o Biobutanol

o Others

• Bio Organic Acid

o Bio Lactic Acid

o Bio Acetic Acid

o Bio Adipic Acid

o Bio Acrylic Acid

o Bio Succinic Acid

o Other

• Bio Ketone

o Bio MEK

o Bio PEEK

o Bio Acetone

o Others

• Bio Polymer

o Bio-PE

o Bio-PET

o Polylactic Acid (PLA)

o Polyhydroxyalkanoate (PHA)

• Others

The Global Green Chemical Market by Source

• Plant-based
• Algae-based
• Bio-waste

The Global Green Chemical Market by Application

• Construction
• Pharmaceuticals
• Food & Beverages
• Paints & Coatings
• Agriculture
• Automotive
• Others

Company Profiles

The companies covered in the report include

• BASF SE
• Cargill, Incorporated
• OCI Company Ltd.
• Methanex Corporation
• ADM
• Arkema
• Sumitomo Chemical Co., Ltd.
• Solvay
• PTT Global Chemical Public Company Limited
• Valero Energy Corporation

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the green chemicals market.

2. Complete coverage of all the segments in the green chemicals market to analyze the trends, developments in the global market and forecast of market size up to 2032.

3. Comprehensive analysis of the companies operating in the global green chemicals market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.