Global Bio-based Feedstock Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Published - Apr 2019 | Category - Food & Beverages | No. of Pages - 149 | Published By - EMR


Global Bio-based Feedstock Market is expected to grow significantly, to USD 6.88 Billion in 2024, at a sluggish CAGR of 3.1% from 2019 to 2024.

The key factor driving the growth of the Bio-based Feedstock markets includes legislations across the globe supporting the development of renewable fuels and growing usage of bio-products over fossil fuelled derivatives. 

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. 

With more number of initiatives to develop bio-based economy across the globe, industries sustainability goals must be met. Creating energy efficient processes utilizing bio-based feedstock offers a comprehensible solution allowing the industries to produce products from domestic resources with substantially lower carbon emissions. Industries such as chemical by developing economic and efficient processing technologies can lay pathways for a complete transition from petroleum derivative feedstock to bio-based feedstock, thus meeting sustainability goals. The transition can produce a completely new producing business of feedstock provide, preparation and conversion, which will re-purpose idled or less-competitive manufacturing facilities and revitalize many local economies.

Global Bio-based Feedstock Market Major Key Players

Beta Renewables
DowDuPont Inc.
Enerkem
Fiberight
GranBio
VIRENT Inc.
Clariant
Abengoa
BASF
INEOS Bio
Koninklijke DSM N.V.
Others


 

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