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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 »

Lux: Bio-Based Materials and Chemicals Showing Growth

Bio-based material and chemical technologies have reached an inflection point with companies scaling to commercial production levels and growing revenues, according to Lux Research. The leading growth category will be intermediate chemicals like adipic acid and lactic acid, with capacity growing from 2.0 million metric tons currently to 4.9 million … Read more »