Market by Type, End-users, and Country | Forecast 2019-2028
Triton’s research report has ascertained that the No North America bio-based chemicals market is expected to surge at a CAGR of 13.72% in the evaluated years 2019-2028.
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The countries discussed
in this market are:
• United States
• Canada
In North America, the
bio-based chemicals market development is majorly attributed to the rise in
environmental awareness among customers, along with innovative techniques by
manufacturers to develop cost-effective and eco-friendly chemicals. Moreover,
the adoption of biochemicals in the region is anticipated to surge in the
future, owing to the strict regulations on the utilization of synthetic
petroleum-based chemicals. For instance, the United States is the leading
consumer of biochemicals due to such stringent regulations. Additionally,
Canada has adopted green chemicals due to the rise in environmental awareness.
Therefore, government regulations promoting the use of eco-friendly chemicals
boost the bio-based chemicals market in the overall region.
In Canada, the
escalating R&D activities by the government authorities, along with
initiatives by private enterprises, have contributed to the growth of the
bio-based chemicals market. As per the International Atomic Energy Agency, the
scientists operating in government research departments are examining and
developing effective bioplastic packaging resources such as biodegradable
plastic bags. Such natural polymers-based packaging aid in eliminating
environmental pollution, having the properties of biodegradability and
durability. These factors assist in increasing the need for bioplastics,
further promoting Canada’s bio-based chemicals market.
Methanex Corporation is
a chemical company, involved in the production and sale of methanol. Methanol
is mainly used in the manufacturing of a wide range of consumer and industrial
products, including foams, resins, and plastics. The company also offers
marketing, logistics, and supply chain business and distribution network to its
customer base. It has its operation in major regions such as Asia-Pacific,
Europe, and South America. The company’s headquarter is located in Vancouver,
British Columbia, Canada.
1. NORTH
AMERICA BIO-BASED CHEMICALS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. AGRICULTURE
TO BE FASTEST-GROWING SEGMENT
2.2.2. BIOFUELS
ARE MARKET LEADER IN TERMS OF PRODUCTS SEGMENT
2.3. IMPACT
OF COVID-19 ON BIO-BASED CHEMICALS MARKET
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. KEY
IMPACT ANALYSIS
2.7.1. COST
2.7.2. AVAILABILITY
2.7.3. OBJECTIVES
2.7.4. ALTERNATIVES
2.7.5. ENVIRONMENTAL
CONCERN
2.8. MARKET
DRIVERS
2.8.1. FAVORABLE
GOVERNMENT POLICIES TOWARDS BIO-BASED PRODUCTS
2.8.2. GROWING
USE OF ECO-FRIENDLY PRODUCTS LIKE BIOPLASTICS
2.8.3. HIGH
MARKET POTENTIAL OF BIO-BASED CHEMICAL PRODUCTS
2.9. MARKET
RESTRAINTS
2.9.1. COST
CONSTRAINT
2.10. MARKET OPPORTUNITIES
2.10.1. VOLATILE/UNCERTAIN CRUDE OIL
PRICES
2.10.2. AUTOMOTIVE MANUFACTURERS’
FOCUS ON REDUCING CARBON FOOTPRINT
2.11. MARKET CHALLENGES
2.11.1. LACK OF SUPPLY CHAIN MODEL IN
RAW MATERIALS AND FEEDSTOCK
3. NORTH
AMERICA BIO-BASED CHEMICALS MARKET OUTLOOK - BY TYPE
3.1. BIOPLASTICS
3.1.1. BIO-DEGRADABLE
3.1.1.1. PLA
3.1.1.2. PHA
3.1.1.3. REGENERATED
CELLULOSE
3.1.1.4. BIO-DEGRADABLE
POLYESTER
3.1.1.5. OTHER
BIO-DEGRADABLE PLASTICS
3.1.2. NON-BIODEGRADABLE
3.1.2.1. BIO
PET
3.1.2.2. BIO
PE
3.1.2.3. BIO
PA
3.1.2.4. OTHER
NON-BIODEGRADABLE PLASTICS
3.2. BIOFUELS
3.2.1. BIO-DIESEL
3.2.2. BIOGAS
3.2.3. SOLID
BIOMASS
4. NORTH
AMERICA BIO-BASED CHEMICALS MARKET OUTLOOK - BY END-USERS
4.1. INDUSTRIAL
CHEMICAL
4.1.1. SUCCINIC
ACID
4.1.2. ALCOHOL
4.1.3. BIO-BASED
DYES
4.1.4. LACTIC
ACID
4.1.5. GLYCEROL
4.1.6. ACRYLIC
ACID
4.1.7. OTHER
INDUSTRIAL CHEMICALS
4.2. PHARMACEUTICALS
4.2.1. ENZYMES
4.2.2. AMINO
ACID
4.2.3. VITAMINS
& RELATED COMPOUNDS
4.2.4. ANTIBIOTICS
4.2.5. OTHER
PHARMACEUTICALS
4.3. FOOD
PRODUCTS
4.3.1. ALCOHOLIC
BEVERAGES
4.3.2. OTHER
FOOD PRODUCTS
4.4. AGRICULTURE
4.4.1. BIO-FERTILIZERS
4.4.2. BIOPESTICIDES
4.4.3. OTHER
AGRICULTURE
5. NORTH
AMERICA BIO-BASED CHEMICALS MARKET - REGIONAL OUTLOOK
5.1. UNITED
STATES
5.2. CANADA
6. COMPETITIVE
LANDSCAPE
6.1. ABENGOA
SA
6.2. BASF
SE
6.3. BRASKEM
SA
6.4. CARGILL
INCORPORATED
6.5. CORBION
NV
6.6. DANIMER
SCIENTIFIC INC
6.7. METHANEX
CORPORATION
6.8. MITSUBISHI
CHEMICAL CORPORATION
6.9. MITSUI
& CO LTD
6.10. NATUREWORKS LLC
6.11. NOVOZYMES
6.12. PTT GLOBAL CHEMICAL PUBLIC
COMPANY LIMITED
6.13. ROYAL DSM NV
6.14. TEIJIN LIMITED
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: SOME OF THE
POLICIES RELATED TO BIOPLASTICS IN KEY COUNTRIES
TABLE 4: VARIOUS
INITIATIVES TAKEN BY DIFFERENT COUNTRIES
TABLE 5: MARKET
POTENTIAL IN TERMS OF CHEMICAL BY VARIOUS COMPANIES
TABLE 6: WORLD
BIO-BASED MARKET PENETRATION 2010-2025
TABLE 7: AUTOMOTIVE
MANUFACTURERS USING BIOPOLYMERS IN THEIR MANUFACTURING
TABLE 8: APPLICATIONS
OF GLYCEROL
TABLE 9: APPLICATION OF
AMINO ACIDS
TABLE 10: CATEGORIES OF
ALCOHOLIC BEVERAGES
TABLE 11: INSTANCES OF
BIO-FERTILIZERS
TABLE 12: BENEFITS OF
BIOPESTICIDES AND ITS FACTORS
TABLE 13: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIOPLASTICS, 2019-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIO-DEGRADABLE PLASTICS, 2019-2028 (IN $
MILLION)
TABLE 16: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY NON-BIODEGRADABLE PLASTICS, 2019-2028 (IN $
MILLION)
TABLE 17: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIOFUELS, 2019-2028 (IN $ MILLION)
TABLE 18: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 19: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY INDUSTRIAL CHEMICALS, 2019-2028 (IN $ MILLION)
TABLE 20: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY PHARMACEUTICALS, 2019-2028 (IN $ MILLION)
TABLE 21: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY FOOD PRODUCTS, 2019-2028 (IN $ MILLION)
TABLE 22: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY AGRICULTURE, 2019-2028 (IN $ MILLION)
TABLE 23: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: KEY IMPACT
ANALYSIS
FIGURE 3: REGION WISE
PRODUCTION CAPABILITY OF BIOPLASTICS IN 2019 (IN %)
FIGURE 4: WORLDWIDE
CRUDE OIL PRICE TREND 2009-2018 ($/BARREL)
FIGURE 5: WORLDWIDE
PRODUCTION OF BIOPLASTICS 2018-2024 (IN ‘000 TONS)
FIGURE 6: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIOPLASTICS, 2019-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIO-DEGRADABLE, 2019-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY PLA, 2019-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY PHA, 2019-2028 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY REGENERATED CELLULOSE, 2019-2028 (IN $
MILLION)
FIGURE 11: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO-DEGRADABLE POLYESTER, 2019-2028 (IN
$ MILLION)
FIGURE 12: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER BIO-DEGRADABLE PLASTICS, 2019-2028
(IN $ MILLION)
FIGURE 13: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY NON-BIODEGRADABLE, 2019-2028 (IN $
MILLION)
FIGURE 14: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO PET, 2019-2028 (IN $ MILLION)
FIGURE 15: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO PE, 2019-2028 (IN $ MILLION)
FIGURE 16: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO PA, 2019-2028 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER NON-BIODEGRADABLE PLASTICS,
2019-2028 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIOFUELS, 2019-2028 (IN $ MILLION)
FIGURE 19: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO-DIESEL, 2019-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY BIOGAS, 2019-2028 (IN $ MILLION)
FIGURE 21: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY SOLID BIOMASS, 2019-2028 (IN $ MILLION)
FIGURE 22: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY INDUSTRIAL CHEMICAL, 2019-2028 (IN $
MILLION)
FIGURE 23: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY SUCCINIC ACID, 2019-2028 (IN $ MILLION)
FIGURE 24: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY ALCOHOL, 2019-2028 (IN $ MILLION)
FIGURE 25: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO-BASED DYES, 2019-2028 (IN $ MILLION)
FIGURE 26: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY LACTIC ACID, 2019-2028 (IN $ MILLION)
FIGURE 27: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY GLYCEROL, 2019-2028 (IN $ MILLION)
FIGURE 28: NORTH AMERICA
BIO-BASED CHEMICALS MARKET, BY ACRYLIC ACID, 2019-2028 (IN $ MILLION)
FIGURE 29: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER INDUSTRIAL CHEMICALS, 2019-2028
(IN $ MILLION)
FIGURE 30: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY PHARMACEUTICALS, 2019-2028 (IN $
MILLION)
FIGURE 31: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY ENZYMES, 2019-2028 (IN $ MILLION)
FIGURE 32: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY AMINO ACID, 2019-2028 (IN $ MILLION)
FIGURE 33: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY VITAMINS & RELATED COMPOUNDS,
2019-2028 (IN $ MILLION)
FIGURE 34: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY ANTIBIOTICS, 2019-2028 (IN $ MILLION)
FIGURE 35: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER PHARMACEUTICALS, 2019-2028 (IN $
MILLION)
FIGURE 36: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY FOOD PRODUCTS, 2019-2028 (IN $ MILLION)
FIGURE 37: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY ALCOHOLIC BEVERAGES, 2019-2028 (IN $
MILLION)
FIGURE 38: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER FOOD PRODUCTS, 2019-2028 (IN $
MILLION)
FIGURE 39: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY AGRICULTURE, 2019-2028 (IN $ MILLION)
FIGURE 40: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIO-FERTILIZERS, 2019-2028 (IN $
MILLION)
FIGURE 41: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY BIOPESTICIDES, 2019-2028 (IN $ MILLION)
FIGURE 42: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, BY OTHER AGRICULTURE, 2019-2028 (IN $
MILLION)
FIGURE 43: NORTH
AMERICA BIO-BASED CHEMICALS MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 44: UNITED
STATES BIO-BASED CHEMICALS MARKET 2019-2028 (IN $ MILLION)
FIGURE 45: CANADA
BIO-BASED CHEMICALS MARKET 2019-2028 (IN $ MILLION)