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.
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