The report "World bio-based platform chemicals market – Opportunities and Forecasts, 2014-2021" is already available at Research and Markets. The report claims that this sector would reach a volume of 14.9 million tons and revenue of $18.8 billion by 2021.
As explained by Thomas Kläusli, Chief Marketing Officer of AVA Biochem, “platform chemicals are building blocks which can be converted to a wide range of chemicals of materials. When made from renewable raw materials, bio-based platform chemicals offer a great potential for decarbonising everyday products, allowing everything from running shoe soles to plastic and car parts to be made bio-based.”
According to the report, in 2015, Asia-Pacific consumed one-third of the total platform chemicals. Among the factors that contributed to the growth of the platform chemicals in the region were the availability of renewable feedstock and increasing consumer awareness towards green products.
The report analysis those factors driving and those restraining the global bio-based platform chemicals market, as well as projections for the period 2014-2021.
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