Green Chemicals and Materials Market Analysis Forecast 2030

1. Global Green Chemicals and Materials Market

2. Reusable Launch Vehicle Market MARKET OVERVIEW: Global Green Chemicals and Materials Market Insights Forecasts to 2030 •The global Green Chemicals and Materials Market was valued at USD 104.72 billion in 2021. •The market is growing at a CAGR of 8% from 2021 to 2030 •The global Green Chemicals and Materials Market is expected to reach USD 209.3 billion by 2030 •The Asia Pacific is expected to grow the fastest during the forecast period Global Green Chemicals and Materials Market 209.3 Bn xx.xx xx.xx xx.xx xx.xx xx.xx xx.xx xx.xx xx.xx 104.72 Bn 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 The global Green Chemicals and Materials Market is expected to reach USD 209.3 billion by 2030, at a CAGR of 8% during the forecast period 2021 to 2030. The term "green chemicals" refers to a specific category of substances that do not include any components known to be harmful to the health of humans and the environment. These environmentally friendly chemicals are becoming increasingly popular in the building and construction industry due to the numerous advantages

3. Reusable Launch Vehicle Market they provide. Some of these advantages include protection from natural disasters, resistance to climatic changes, minimal consumption of cement and water, resistance to chemicals, and high levels of durability and strength. DRIVERS & CHALLENGES: One of the main factors boosting the growth of the non-renewable resource market for green chemicals is its scarcity. In their most basic form, fossil fuels are valuable energy and feedstock sources. Nevertheless, because of their high prices, the depletion of fossil feedstock reserves, including those for natural gas, coal, and crude oil, has necessitated the search for alternate sources of energy and feedstocks for the chemical industry. Although factors such as lack of availability of raw materials may impede the market growth. COVID-19 IMPACT: The COVID-19 pandemic severely affected human health and wellbeing. Governments worldwide announced partial or complete lockdowns to curb the spread of this disease, severely impacting many industries, including food & beverage, animal feed, packaging, construction, and automotive. The nationwide lockdowns forced the temporary closure of manufacturing facilities. Governments also enforced restrictions on operating capacities to ensure social distancing and curb the spread of infections. Supply chains were disrupted, resulting in production limitations, complications in raw materials sourcing, and higher delivery costs, impacting the green chemicals market. Additionally, governments announced a temporary ban on foreign air travel. These factors temporarily affected the sales of green chemicals. RECENT DEVELOPMENTS: •In June 2021, JSW Cement Limited used screen slag during the concreting process instead of river sand, which helps save natural resources and avoids landslides, floods, and air pollution. •In October 2019, Braskem made the announcement that it would be launching its new recycled polypropylene with the slogan "I'm green" in the United States. This commitment

4. Reusable Launch Vehicle Market was made as part of the company's commitment to helping transform the plastics chain from a linear economy into a circular economy. REQUEST FREE SAMPLE: https://www.sphericalinsights.com/request-sample/1206 KEY PLAYERS •BASF SE •Arkema Group •Evonik Industries AG •BiologiQ Inc •Dongguan Xinhai Environmental-Friendly Material Co., Ltd •Mitsubishi Chemical Corporation •Toray Industries Inc. •Vertec Biosolvents, Inc. •Ecovia Renewables, Inc. •Koninklijke DSM N.V. •GFBiochemicals Ltd. •Plantic Technologies Limited •Total Corbion PLA •Secos Group Ltd. •USG Corporation REGIONAL ANALYSIS: The European region is expected to account for the largest share of the green chemicals market in 2022. The large share of this region is primarily attributed to the growing demand for sustainable products, coupled with the presence of prominent players in the region and the rising adoption of green chemicals across different industries, including food & beverages, personal care, automotive, and packaging. In addition, the chemicals industry of the region is increasingly focusing on the production of green chemicals to develop sustainable and eco- friendly solutions. Germany is expected to dominate the European market through 2029,

5. Reusable Launch Vehicle Market mainly due to the growing health awareness, rising chemical and pharmaceutical industry, and its excellent research landscape, state-of-the-art logistics, and world-class infrastructure. The key players operating in the green chemicals market are Cargill, Incorporated (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), BASF SE (Germany), DuPont de Nemours, Inc. (U.S.), Koninklijke DSM N.V. (Netherlands), Evonik Industries AG (Germany), SECOS Group Ltd. (Australia), Braskem SA (Brazil), Aemetis, Inc. (U.S.), and Albemarle Corporation (U.S.), among others. ABOUT US: Spherical Insights is a reputed market research and industry consulting firm which is catering to financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The aim of the company is to collaborate with companies to meet the business goals as well as sustain strategic improvements. OUR CONTACT: Spherical Insights LLP. USA- +1 303 800 4326 Email - sales@sphericalinsights.com