Asia Pacific Bio-based Chemicals Market Forecast 2019-2028

Asia Pacific Bio-based Chemicals Market Forecast 2019-2028

The Asia Pacific bio-based chemicals market is anticipated to grow with a CAGR of 14.70%, during the forecast period of 2019 to 2028. The market growth is driven by factors, such as, consumers' inclination towards organic products, the easy availability of feedstock in the region's agrarian economies, and growing environment and health concerns.

The Asia Pacific bio-based chemicals market growth is evaluated by analyzing South Korea, Australia & New Zealand, Indonesia, China, Japan, India, Thailand, Vietnam, and the rest of the Asia Pacific. The strategies adopted by key market players and government regulations promoting bioplastics are expected to fuel Japan's market growth. As per the Agricultural Utilization Research Institute, in June 2002, the government introduced the Kyoto Protocol, encompassing strategies like the Biotechnology Strategic Scheme and the Biomass Nippon Strategy. They were initiated to promote biomass use to minimize the consumption of fossil resources and alleviate global warming. Moreover, the policy also aims to replace nearly 20% of conventional plastics with plastics from renewable resources, by 2020.
On the other hand, the approaches adopted by market players also promote Japan's bioplastics industry. For instance, the Philippines-based food and plastics manufacturing company named D&L Industry, aimed to finalize an innovative portfolio of biodegradable plastic products for packaging, to replace conventional non-plastic bags in Japan. The initiative depicts the active involvement of companies in providing new bioplastic products. Thus, the consumption of bioplastics is anticipated to increase in the country, thereby, positively impacting the growth of the bio-based chemicals market.

Key players operating in the market include, Mitsubishi Chemical Holdings Corporation, Teijin Limited, PTT Global Chemical Public Company Limited, Mitsui & Co Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Government Policies Towards Sustainability Programs
3.2.2. Intensive Fluctuations In The Crude Oil Prices
3.2.3. Usage Of Eco-friendly Products
3.2.4. High Market Potential Of Bio-based Chemical Products
3.3. Key Restraints
3.3.1. High Cost Of Bio-based Chemicals
3.3.2. Dearth Of Supply Chain In Feedstock And Raw Materials
3.3.3. Low Acceptance Level Of Biopesticides
4. Key Analytics
4.1. Impact Of Covid-19 On Bio-based Chemicals Market
4.2. Key Investment Insights
4.3. Porter’s Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Key Buying Criteria
4.6.1. Cost
4.6.2. Availability
4.6.3. Objectives
4.6.4. Alternatives
4.6.5. Environmental Concern
5. Market By Product Type
5.1. Bioplastics
5.1.1. Bio-degradable Pla Pha Regenerated Cellulose Biodegradable Polyester Other Biodegradable Plastics
5.1.2. Non-biodegradable Bio Pet Bio Pe Bio Pa Other Non-biodegradable Plastics
5.2. Bio Fuels
5.2.1. Bio-diesel
5.2.2. Biogas
5.2.3. Solid Biomass
6. Market By Application
6.1. Industrial Chemicals
6.1.1. Succinic Acid
6.1.2. Alcohol
6.1.3. Bio-based Dyes
6.1.4. Lactic Acid
6.1.5. Glycerol
6.1.6. Acrylic Acid
6.1.7. Other Industrial Chemicals
6.2. Pharmaceuticals
6.2.1. Enzymes
6.2.2. Amino Acid
6.2.3. Vitamins & Related Compounds
6.2.4. Antibiotics
6.2.5. Other Pharmaceuticals
6.3. Food Products
6.3.1. Alcoholic Beverages
6.3.2. Other Food Products
6.4. Agriculture
6.4.1. Bio-fertilizers
6.4.2. Biopesticides
6.4.3. Other Agriculture
7. Geographical Analysis
7.1. Asia Pacific
7.1.1. China
7.1.2. Japan
7.1.3. India
7.1.4. South Korea
7.1.5. Indonesia
7.1.6. Thailand
7.1.7. Vietnam
7.1.8. Australia & New Zealand
7.1.9. Rest Of Asia Pacific
8. Company Profiles
8.1. Abengoa Sa
8.2. Basf Se
8.3. Bioamber Inc (Inactive)
8.4. Braskem Sa
8.5. Cargill Incorporated
8.6. Corbion Nv
8.7. Danimer Scientific Inc
8.8. Methanex Corporation
8.9. Mitsubishi Chemical Holdings Corporation
8.10. Mitsui & Co Ltd
8.11. Natureworks Llc
8.12. Novozymes A/S
8.13. Ptt Global Chemical Public Company Limited
8.14. Royal Dsm Nv
8.15. Teijin Limited

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