DUBLIN - (BUSINESS WIRE) - Research and Markets has announced the addition of the "platform chemicals world market based Bio -, 2014-2021 Opportunities and Forecasts" announced to its offer.
"Opportunities chemicals based on platform and Bio World Forecasts, 2014-2021" shows that the market for organic chemicals platform to reach a volume of 14.9 million tons and revenues of $ 18.8 million in the year 2021st
Asia and the Pacific had on the market for organic chemicals platform in the world in 2015 a dominant share, and it is expected to maintain this position throughout the forecast period.
Chemicals of the platform are a group of twelve basic chemicals (a not yet commercially available), which can be produced from sugars by biotransformation. The factors that bio-based products on the market for the growth of the chemistry deck volatile crude oil prices, the availability of raw materials at low cost and favorable legislation regarding organic products.
Moreover, the adoption of a higher chemical biological basis in various fields such as personal care, pharmaceuticals, food and beverages, and other are some of the main drivers of market growth. However, the cost of chemicals based high bioproduction impede market growth.
C-3 chemicals (glycerol and 3-hydroxy acid) accounted for the largest consumption in 2015 due to its unique converted to a variety of other useful features, such as alcohols, acids and chemicals resins property. Moreover, the absence of a petrochemical route for the preparation of (3-hydroxypropionic acid) of 3-HP, the growth of C-3 Chemical market platform stimulated. 3-HP can be converted into various valuable chemicals such as 1,3-propanediol, acrylic acid, methyl acrylate, acrylamide, malonic acid, ethyl 3-HP, propiolactone and acrylonitrile.
These chemicals high value can be in a variety of applications, such as solvents, plastics and molding, fibers and resins, composites, adhesives, laminates, floor polishes, paints and coatings, polyesters, and aliphatic copolyesters water treatment residual, gel electrophoresis, paper making, mineral processing, vitamins and disinfectants used to sterilize vaccines, tissue grafts, blood plasma, surgical instruments, and enzymes.
C-5 Chemicals is the second most dominant group in the market for organic chemistry with glutamic acid as an important contribution levulinic acid, itaconic acid and xylitol at hand. Glutamic acid and derivatives thereof, the ability to replace polymers based on conventional oil, such as polyesters and polyamides, as potential Verity itaconic chemical values generate high acid such as pyrrolidine 3-methyl, 3-methyl NMP, NMP 4-methyl, 2- methyl-1,4-BDO, THF 3-methyl, 3-methyl GBL, GBL 4-methyl, 2-methyl-1,4-butane and itaconic diamide, so they quickly each more chemicals in the chemical group C-5 ,
The first player profile includes a map-Succinity GmbH, Bio-Bernstein Inc., Myriant Corporation Novozymes, Cargill Incorporated, DSM, Metabolix Inc., GF biochemicals, EI du Pont de Nemours and Company and Prinova LLC.
The main conclusions of the study
- Chemistry C-3 and C-5 platform together for more than 89% of the total consumption of organic chemicals platform in, 2015.
- Consumption projections LAMEA Platform biochemists grow at CAGR of 8.5% over the analysis period.
- Asia and the Pacific was the largest consumer of bio-based platform chemicals in 2015 worldwide.
- It is expected that the demand of the industry segment glycerol bio-medical (C-3 platform chemical) to grow at CAGR of 25.2%.
- From a total of C-3 chemicals consumed acid, 3-hydroxy accounted for more than 60% of the shares in the year, 2015.
- The fumaric acid accounted for the largest share of total chemicals C-4 platform.
- North America is the largest consumer of glutamic acid (C-5 Chemical Platform) in 2015 and is expected to maintain its leadership by 2020 upright.
For more information, visit http://www.researchandmarkets.com/research/q2l3qw/world_biobased
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