The global market for Renewable Chemicals was valued at US$105.8 Billion in 2024 and is projected to reach US$188.4 Billion by 2030, growing at a CAGR of 10.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Renewable Chemicals market.
The market for renewable chemicals has been expanding due to increasing environmental awareness and regulatory support. Governments around the world are implementing policies and providing incentives to encourage the production and use of renewable chemicals. For instance, mandates on the use of bio-based products and the imposition of carbon taxes on fossil fuels have created favorable conditions for the renewable chemicals market. Additionally, consumer demand for eco-friendly products is pushing companies to incorporate renewable chemicals into their product lines. Industries such as automotive, packaging, and textiles are increasingly adopting bio-based materials to meet sustainability goals and respond to market pressures for greener solutions.
The growth in the renewable chemicals market is driven by several factors. Firstly, advancements in biotechnology and process engineering have improved the efficiency and cost-effectiveness of producing renewable chemicals. Secondly, the increasing regulatory support and favorable government policies are accelerating market adoption. Thirdly, the rising consumer demand for sustainable and eco-friendly products is pushing industries to shift towards renewable chemicals. Lastly, the continuous depletion of fossil fuel reserves and the volatility of oil prices are compelling industries to seek alternative raw materials, further boosting the market for renewable chemicals. These drivers collectively ensure robust growth and innovation within the renewable chemicals sector.
Segments: Product Type (Ethanol, Ketones, Bio Polymers, Platform Chemicals, Other Product Types); Feedstock (Biomass, Corn, Sugarcane, Algae, Other Feedstocks); End-Use (Automotive, Medical, Food & Beverage, Petrochemical, Textiles, Agriculture, Other End-Uses).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Renewable Chemicals Market - Key Trends & Drivers Summarized
Renewable chemicals, also known as bio-based chemicals, are derived from renewable resources such as agricultural crops, forestry products, and microorganisms, rather than traditional petrochemical sources. These chemicals are integral to a wide range of applications, including pharmaceuticals, plastics, solvents, and fuels. The shift towards renewable chemicals is driven by the need to reduce dependence on fossil fuels, mitigate environmental pollution, and promote sustainability. Unlike conventional chemicals, renewable chemicals have a lower carbon footprint and are often biodegradable, making them an environmentally friendly alternative. Innovations in biotechnology and green chemistry have further enabled the production of renewable chemicals at competitive costs, enhancing their feasibility and adoption in various industries.The market for renewable chemicals has been expanding due to increasing environmental awareness and regulatory support. Governments around the world are implementing policies and providing incentives to encourage the production and use of renewable chemicals. For instance, mandates on the use of bio-based products and the imposition of carbon taxes on fossil fuels have created favorable conditions for the renewable chemicals market. Additionally, consumer demand for eco-friendly products is pushing companies to incorporate renewable chemicals into their product lines. Industries such as automotive, packaging, and textiles are increasingly adopting bio-based materials to meet sustainability goals and respond to market pressures for greener solutions.
The growth in the renewable chemicals market is driven by several factors. Firstly, advancements in biotechnology and process engineering have improved the efficiency and cost-effectiveness of producing renewable chemicals. Secondly, the increasing regulatory support and favorable government policies are accelerating market adoption. Thirdly, the rising consumer demand for sustainable and eco-friendly products is pushing industries to shift towards renewable chemicals. Lastly, the continuous depletion of fossil fuel reserves and the volatility of oil prices are compelling industries to seek alternative raw materials, further boosting the market for renewable chemicals. These drivers collectively ensure robust growth and innovation within the renewable chemicals sector.
Report Scope
The report analyzes the Renewable Chemicals market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Product Type (Ethanol, Ketones, Bio Polymers, Platform Chemicals, Other Product Types); Feedstock (Biomass, Corn, Sugarcane, Algae, Other Feedstocks); End-Use (Automotive, Medical, Food & Beverage, Petrochemical, Textiles, Agriculture, Other End-Uses).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ethanol segment, which is expected to reach US$142.9 Billion by 2030 with a CAGR of a 10.0%. The Ketones segment is also set to grow at 8.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $33.5 Billion in 2024, and China, forecasted to grow at an impressive 13.7% CAGR to reach $16.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Renewable Chemicals Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Renewable Chemicals Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Renewable Chemicals Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Ajinomoto Co., Inc., Aemetis, Inc., A.B. Enterprises, ADDCON GmbH, Air Liquide Engineering & Construction and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 314 companies featured in this Renewable Chemicals market report include:
- Ajinomoto Co., Inc.
- Aemetis, Inc.
- A.B. Enterprises
- ADDCON GmbH
- Air Liquide Engineering & Construction
- A.M Food Chemical Co., Ltd.
- Advanced Fuel Solutions, Inc.
- Agrana Beteiligungs-AG
- Akro-Plastic GmbH
- Altivia
- Abengoa SA
- Advance Bio Material P. Ltd.
- ACE Ethanol LLC
- Adkins Energy LLC
- Alco Group
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFICAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
END-USE APPLICATION INDUSTRIES: A MACRO PERSPECTIVE
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ajinomoto Co., Inc.
- Aemetis, Inc.
- A.B. Enterprises
- ADDCON GmbH
- Air Liquide Engineering & Construction
- A.M Food Chemical Co., Ltd.
- Advanced Fuel Solutions, Inc.
- Agrana Beteiligungs-AG
- Akro-Plastic GmbH
- Altivia
- Abengoa SA
- Advance Bio Material P. Ltd.
- ACE Ethanol LLC
- Adkins Energy LLC
- Alco Group
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 1128 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 105.8 Billion |
| Forecasted Market Value ( USD | $ 188.4 Billion |
| Compound Annual Growth Rate | 10.1% |
| Regions Covered | Global |
