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Renewable Chemicals in Europe

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    Report

  • 50 Pages
  • January 2024
  • Region: Europe
  • GlobalData
  • ID: 5973398
Description Jump to:
Renewable Chemicals in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Chemicals that are produced from renewable sources such as agricultural feedstock, agricultural & organic wastes, and biomass are termed as renewable chemicals. Renewable chemicals are widely used as direct substitutes for petro-based chemicals due to their lower carbon footprint.
  • The European renewable chemicals market had total revenues of $90.5 billion in 2023, representing a compound annual growth rate (CAGR) of 6.7% between 2018 and 2023.
  • The fine chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $29.7 billion, equivalent to 32.8% of the market's overall value.
  • Europe accounted for a share of 30.1% in 2023 making it the second-largest renewable chemicals market globally.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable chemicals market in Europe
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable chemicals market in Europe
  • Leading company profiles reveal details of key renewable chemicals market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Europe renewable chemicals market with five year forecasts

Reasons to Buy

  • What was the size of the Europe renewable chemicals market by value in 2023?
  • What will be the size of the Europe renewable chemicals market in 2028?
  • What factors are affecting the strength of competition in the Europe renewable chemicals market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Europe's renewable chemicals market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. BASF SE
8.2. Evonik Industries AG
8.3. Indorama Ventures PCL
8.4. Solvay S.A
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
  • About the Analyst
List of Tables
Table 1: Europe renewable chemicals sector value: $ million, 2018-23
Table 2: Europe renewable chemicals sector category segmentation: % share, by value, 2018-2023
Table 3: Europe renewable chemicals sector category segmentation: $ million, 2018-2023
Table 4: Europe renewable chemicals sector geography segmentation: $ million, 2023
Table 5: Europe renewable chemicals sector value forecast: $ million, 2023-28
Table 6: BASF SE: key facts
Table 7: BASF SE: annual financial ratios
Table 8: BASF SE: key employees
Table 9: BASF SE: key employees Continued
Table 10: Evonik Industries AG: key facts
Table 11: Evonik Industries AG: annual financial ratios
Table 12: Evonik Industries AG: key employees
Table 13: Evonik Industries AG: key employees Continued
Table 14: Indorama Ventures PCL: key facts
Table 15: Indorama Ventures PCL: annual financial ratios
Table 16: Indorama Ventures PCL: key employees
Table 17: Solvay S.A: key facts
Table 18: Solvay S.A: annual financial ratios
Table 19: Solvay S.A: key employees
Table 20: Europe size of population (million), 2019-23
Table 21: Europe gdp (constant 2005 prices, $ billion), 2019-23
Table 22: Europe gdp (current prices, $ billion), 2019-23
Table 23: Europe inflation, 2019-23
Table 24: Europe consumer price index (absolute), 2019-23
Table 25: Europe exchange rate, 2019-23
List of Figures
Figure 1: Europe renewable chemicals sector value: $ million, 2018-23
Figure 2: Europe renewable chemicals sector category segmentation: $ million, 2018-2023
Figure 3: Europe renewable chemicals sector geography segmentation: % share, by value, 2023
Figure 4: Europe renewable chemicals sector value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the renewable chemicals sector in Europe, 2023
Figure 6: Drivers of buyer power in the renewable chemicals sector in Europe, 2023
Figure 7: Drivers of supplier power in the renewable chemicals sector in Europe, 2023
Figure 8: Factors influencing the likelihood of new entrants in the renewable chemicals sector in Europe, 2023
Figure 9: Factors influencing the threat of substitutes in the renewable chemicals sector in Europe, 2023
Figure 10: Drivers of degree of rivalry in the renewable chemicals sector in Europe, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Evonik Industries AG
  • Indorama Ventures PCL
  • Solvay S.A

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About the Market

The Renewable Chemicals market is a subset of the broader Chemicals industry, focusing on the production of chemicals from renewable sources such as biomass, agricultural waste, and other biogenic materials. These chemicals are used in a variety of applications, including food and beverage, personal care, and pharmaceuticals. Renewable Chemicals offer a more sustainable alternative to traditional petrochemical-based chemicals, as they are derived from renewable sources and are biodegradable. Renewable Chemicals are produced through a variety of processes, including fermentation, enzymatic catalysis, and chemical synthesis. These processes are used to convert renewable feedstocks into a variety of chemicals, including polymers, surfactants, and solvents. Several companies are active in the Renewable Chemicals market, including Amyris, Cargill, and Novozymes. These companies are focused on developing and commercializing renewable chemicals for a variety of applications. Show Less Read more

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