Docstoc

MarketsandMarkets: Global Renewable Chemicals Market to reach $76.16 billion in 2015

Document Sample
MarketsandMarkets: Global Renewable Chemicals Market to reach $76.16 billion in 2015 Powered By Docstoc
					Analyst Briefing Presentation on the Global Renewable Chemicals Market by Geography, Feedstocks,
Prices, Applications Trends and Forecasts (2010 -2015) to be held on August 16, 2011

The global renewable chemicals industry is into higher growth trajectory since the last 5 years. This growth
is largely fueled by the increased concerns over greenhouse gas emissions.
Some of major drivers of the industry identified in this report are abundant and low cost feedstock,
consumers’ acceptance for eco-friendly products, government support, and technological innovations. The
major restraints identified in this report are cost and production issues along with the trade off with the vital
resources. There are some opportunities which can change the dynamics of this industry which are
improved yields, new generation feedstocks, and collaboration with the universities.

Browse All : Bioethanol Market
http://www.marketsandmarkets.com/Market-Reports/renewable-chemical-274.html

Browse All : Chemicals Market Prices
http://www.marketsandmarkets.com/Market-Reports/renewable-chemical-274.html

The global renewable chemicals market is estimated to reach $76.16 billion in 2015 from $36.90 billion in
2009, at a CAGR of 12.67% from 2010 to 2015. The Asian market is driving the sales and is expected to
hold 36% of the global market share in 2015. The biopolymer market is expected to have a CAGR 22.7%
due to higher demand for eco-friendly products and sales of biopolymers are expected to boost its share
from $3.01 billion in 2009 to $ 8.36 billion in 2015. Starch plastics remains the leader in the biopolymers
segment with 38.36% market share while PHA is expected to have the highest CAGR of over 40%.
In the bioethanol market, the U.S. is the leading consumer. In the bioethanol market in Asia, China is the
leading market with a share of 70% while India is expected to be the fastest growing market with a CAGR
of 18.6%. Among the European nations, France is the leading producer of bioethanol with a share of 35.5%
in 2009 in European bioethanol market. It is followed by Germany and Spain. The fastest growth is
expected in U.K. and Czech Republic.

http://www.marketsandmarkets.com/PressReleases/renewable-chemical.asp

Europe is the leading consumer for biopolymers, followed by North America and Asia. Europe alone
constitutes around 40% of the global consumption of biopolymers. In Asia, China is the biggest consumer
of chemicals and provides great opportunity for renewable chemicals in future.

About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. We
publish strategically analyzed market research reports and serve as a business intelligence partner to
Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company
profiles, databases, and custom research services.
M&M covers thirteen industry verticals; including advanced materials, automotives and transportation,
banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and
beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and
telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our
huge market intelligence repository. To know more about us and our reports, please visit our
websitewww.marketsandmarkets.com

Contact:

Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
http://www.marketsandmarkets.com
http://marketsandmarkets.blogspot.com