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 North American renewable chemicals market had total revenues of $86.9 billion in 2023, representing a compound annual growth rate (CAGR) of 7.1% between 2018 and 2023.
- The fine chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $28.9 billion, equivalent to 33.2% of the market's overall value.
- North America accounted for a 28.9% share of the global renewable chemicals market in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable chemicals market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable chemicals market in North America
- 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 North America renewable chemicals market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America renewable chemicals market by value in 2023?
- What will be the size of the North America renewable chemicals market in 2028?
- What factors are affecting the strength of competition in the North America renewable chemicals market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's renewable chemicals market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Indorama Ventures PCL
- The Dow Chemical Company
- Archer Daniels Midland Co
- BASF SE