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bio-chemicals

Can Bio-Based Chemicals Improve Products’ Performance and Sustainability?

The global renewable chemicals market will reach $84.3 billion by 2020, up from $49 billion in 2015, growing at a CAGR of 11.47 percent, according to a Research and Markets report. Driven largely by increasing environmental concerns, government support for environmentally responsible sources and processes, and technological innovations, market participants … Read more »

Bio-Based Polymers Have Potential in Biomedicine, Agricultural Markets

Bio-Based Polymers Have Potential in Biomedicine, Agricultural Markets

Bio-based polymers can displace incumbent petroleum-based polymers in a market exceeding $100 billion, says Lux Research. They face challenges, like inferior mechanical properties and processability, that limit their potential in some high-volume markets like automotive, but their biodegradability can make them a valuable choice in markets such as biomedical and … Read more »

Big Bio-Based Markets in Coatings, Packaging

Big Bio-Based Markets in Coatings, Packaging

Bio-based material companies should move beyond niche applications to address the same large markets dominated by petro-based material, according to a study by Lux Research. Bio-based polymers have so far been largely limited to specialized applications, but the top markets for these materials are largely the same ones currently dominated by petro-based … Read more »