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Green chemicals, commonly known as bio-based chemicals are produced from bio feedstock and thus, are renewable in nature. Green chemicals are much lesser harmful towards environment compared to petroleum-based chemicals. Green chemicals are produced primarily by using raw materials, which uses fewer natural resources, maintaining the environmental balance. The major bio-based raw materials used in the production of green chemicals are bioethanol, animal fats, sugar and starch, and vegetable oils. Green chemicals also consider biodegradation of the product after a certain period keeping the environment safe. Biodegradation is the process of disintegration of materials by fungi, bacteria, and other microorganisms. Green chemicals find wide application across various end-use industries such as agriculture, construction, and automobile.
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Green Chemical Market 2019- 2025 Green Chemical Market - Global Opportunity Analysis and Industry Forecast (2019-2025) Green chemicals, commonly known as bio-based chemicals are produced from bio feedstock and thus, are renewable in nature. Green chemicals are much lesser harmful towards environment compared to petroleum-based chemicals. Green chemicals are produced primarily by using raw materials, which uses fewer natural resources, maintaining the environmental balance. The major bio-based raw materials used in the production of green chemicals are bioethanol, animal fats, sugar and starch, and vegetable oils. Green chemicals also consider biodegradation of the product after a certain period keeping the environment safe. Biodegradation is the process of disintegration of materials by fungi, bacteria, and other microorganisms. Green chemicals find wide application across various end-use industries such as agriculture, construction, and automobile. The key factors driving the growth of this market are scarcity of non-renewable resources, increasing alcoholic consumption, nature of being less harmful to the environment than the petroleum-based production of chemicals, high resistance to climatic changes, and low maintenance and operational costs. However, the factors such as lack of awareness in developing countries regarding bio-based feedstock, higher timelines for the intended application, higher price range, and less availability of the products are expected to hinder the growth of this market to some extent. On the other hand, lack of availability of raw material and lack of commercialization of green chemicals are the key challenges of this market. Get Free Sample Copy of This Report at: https://www.meticulousresearch.com/download-sample- report/cp_id=5008 Analysis of Market Segments The global green chemical market is segmented by Type (Bioethanol, Sugar & Starch, Animal Fats, Vegetable Oils), Application (Healthcare, Food Processing, Construction, Automobiles), and Geography. Based on Type, bioethanol segment commanded the largest market share of the green chemical market in 2018, owing to the increasing use in alcoholic beverages, pharmaceuticals, and cosmetics. Bioethanol is majorly used as a fuel substitute for petroleum fuel. Bioethanol fuel is eco-friendly. It has significantly lower emissions than coal and gasoline which harm the environment. Follow Us On:
Green Chemical Market 2019- 2025 Green Chemical Market Key Players The major players operating in the global green chemical market are BioAmber Inc., Braskem SA, Cargill Inc., DSM NV, DuPont Industrial Biosciences, INEOS Group Ltd., Myriant Technologies LLC, Novozymes A/S, Aemetis, Agrisoma, Albemarle, Algae.Tec, BASF SE, BioArchitecture Lab, BioProcess Algae, Cellana, Ceres, Chemrec, Dyadic, Ecosynthetix, Global Bioenergies, and Glycos Biotechnologies. Green Chemical Market Future Outlook Various government initiatives and regulations create a conducive environment for growth of the green chemicals market. The U.S. Environment Protection Agency (EPA) and the American Chemical Society (ACS) Green Chemistry Institute are playing major role in supporting research and education for preventing pollution and reducing the toxic content. These government agencies have recognized that the use of green chemicals will not only make sustainable and cleaner environment but can be economically helpful in building positive social environment. Browse in-depth Report with TOC at: https://www.meticulousresearch.com/product/green-chemical-market- 5008/ Key questions answered in Green Chemical Market report: Scarcity of non-renewable resources is driving the green chemical market •Which green chemical products are expected to experience the fastest growth? •In which industry green chemicals are highly consumed? •What is the most preferred application of green chemical in developing regions? Government and Ministry support from various countriesis one of the major boosters of the green chemical market •Which geographic region is expected to experience the fastest growth rate? •What part does the established companies play in developing green chemical market in the new regions? •What are the geographical trends and high growth regions/ countries? See All Key Questions here Follow Us On:
Green Chemical Market 2019- 2025 About Us: The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details. Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Khushal Meticulous Research® Contact Sales- +1-646-781-8004 Email: sales@meticulousresearch.com Website: https://www.meticulousresearch.com Browse Our Blog: https://globalmarketstudy.blogspot.com/ Find us on: | LinkedIn | Twitter | Follow Us On: