Renewable Chemicals Market Growth Drivers and Industry Outlook 2030

Data Bridge Market Research analyses that the global renewable chemicals market, which was USD 17.50 billion in 2022, is expected to reach USD 70.89 billion by 2030, growing at a CAGR of 19.11% from 2023 to 2030.

Business Apr 28, 2025 18 Add to Reading List

Renewable Chemicals Market Growth Drivers and Industry Outlook 2030

The Renewable Chemicals Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2030. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

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Which are the top companies operating in the Renewable Chemicals Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Renewable Chemicals Market report provides the information of the Top Companies in Renewable Chemicals Market in the market their business strategy, financial situation etc.

BASF SE (Germany), Mitsubishi Chemical Holdings Corporation (Japan), DAIKIN (Japan), 3M (U.S.), Braskem (Brazil), Corbion N.V. (Netherlands), NatureWorks LLC (U.S.), Amyris (U.S.), OCI N.V. (Netherlands), Solvay (Belgium), DSM (Netherlands), Genomatica Inc., (U.S.), Cobalt Technology, LLC. (U.S.), Elevance (U.S.), Evonik Industries AG (Germany), DuPont (U.S.), Novamont S.p.A. (Italy), Novozymes (Denmark), AVERY DENNISON CORPORATION (U.S.), Mitsui Chemicals Inc. (Japan)

Report Scope and Market Segmentation

Which are the driving factors of the Renewable Chemicals Market?

The driving factors of the Renewable Chemicals Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Renewable Chemicals Market - Competitive and Segmentation Analysis:

**Segments**

- By Type: Alcohols, Ketones, Organic Acids, Polymers, Platform Chemicals
- By Application: Transportation, Textiles, Food and Beverage, Industrial, Agriculture, Healthcare
- By Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

The global renewable chemicals market is poised for significant growth by the year 2030, driven by increasing awareness about environmental sustainability, stringent regulations promoting the use of eco-friendly products, and the need to reduce dependence on fossil fuels. Alcohols, ketones, organic acids, polymers, and platform chemicals are the key types of renewable chemicals witnessing high demand. These chemicals find applications across various industries such as transportation, textiles, food and beverage, industrial, agriculture, and healthcare. Regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are all contributing to the expansion of the renewable chemicals market.

**Market Players**

- BASF SE
- Archer Daniels Midland Company
- Cargill, Incorporated
- Dow
- Amyris
- Solazyme
- E.I. Du Pont De Nemours & Co.
- Metabolix, Inc.
- Myriant Corporation

Major players in the global renewable chemicals market are working towards developing innovative solutions to meet the growing demand for sustainable and environmentally friendly products. Companies like BASF SE, Archer Daniels Midland Company, Cargill, Incorporated, and Dow are investing heavily in research and development activities to expand their product portfolios and gain a competitive edge in the market. Other key players such as Amyris, Solazyme, E.I. Du Pont De Nemours & Co., Metabolix, Inc., and Myriant Corporation are also focusing on strategic collaborations, partnerships, and acquisitions to strengthen their market position and enhance their global presence.

https://www.databridgemarketresearch.com/reports/global-renewable-chemicals-marketThe global renewable chemicals market is expected to witness robust growth in the coming years, driven by a combination of factors that are reshaping the chemical industry landscape. As sustainability becomes a key focus for both consumers and regulatory bodies, the demand for renewable chemicals is set to surge. This shift towards eco-friendly alternatives is not only driven by environmental concerns but also by the need to reduce reliance on finite fossil resources. Alcohols, ketones, organic acids, polymers, and platform chemicals are emerging as key segments within the renewable chemicals market, offering versatile solutions across a wide range of applications.

In terms of application, the utilization of renewable chemicals spans various industries, including transportation, textiles, food and beverage, industrial manufacturing, agriculture, and healthcare. This diversified demand signifies the broad potential for growth within the market as companies across sectors seek to incorporate sustainable practices into their operations. From bio-based solvents in industrial applications to biodegradable polymers in packaging, the versatility and eco-friendly nature of renewable chemicals are driving their adoption across different end-user segments.

Regionally, the global renewable chemicals market is witnessing significant traction in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Each of these regions brings its own unique dynamics to the market, whether it be stringent environmental regulations in Europe driving investments in sustainable solutions or the fast-growing industrial sectors in Asia-Pacific seeking cleaner alternatives to traditional chemicals. The global footprint of the market players further highlights the need for a geographically diverse approach to tap into the full potential of the renewable chemicals market.

Looking at the key market players, it is evident that companies are actively investing in research and development to drive innovation in the renewable chemicals space. Partnerships and collaborations are also playing a crucial role in accelerating market growth, enabling companies to combine their expertise and resources towards developing cutting-edge solutions. This collaborative approach not only fosters innovation but also strengthens the market position of companies, allowing them to effectively navigate the competitive landscape and meet the evolving**Market Players**

- BASF SE (Germany)
- Mitsubishi Chemical Holdings Corporation (Japan)
- DAIKIN (Japan)
- 3M (U.S.)
- Braskem (Brazil)
- Corbion N.V. (Netherlands)
- NatureWorks LLC (U.S.)
- Amyris (U.S.)
- OCI N.V. (Netherlands)
- Solvay (Belgium)
- DSM (Netherlands)
- Genomatica Inc., (U.S.)
- Cobalt Technology, LLC. (U.S.)
- Elevance (U.S.)
- Evonik Industries AG (Germany)
- DuPont (U.S.)
- Novamont S.p.A. (Italy)
- Novozymes (Denmark)
- AVERY DENNISON CORPORATION (U.S.)
- Mitsui Chemicals Inc. (Japan)

The global renewable chemicals market is experiencing a significant upswing, driven by a combination of regulatory pressure, consumer demand for sustainable products, and the need to lessen reliance on non-renewable resources. Alcohols, ketones, organic acids, polymers, and platform chemicals are seeing increased popularity, providing versatile solutions across diverse applications. Industries such as transportation, textiles, food and beverage, industrial manufacturing, agriculture, and healthcare are embracing renewable chemicals to align with sustainability goals. The market's growth is further propelled by the presence of key players investing in research and development to enhance their product offerings and gain a competitive advantage.

Major

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Renewable Chemicals Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Renewable Chemicals Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Renewable Chemicals Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2030) of the following regions are covered in Chapters

The countries covered in the Renewable Chemicals Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa.

Key Questions Answered:

1. What is the Renewable Chemicals Market?

2. How big is the Renewable Chemicals Market?

3. What is the growth rate of the Renewable Chemicals Market?

4. What are the key drivers of the Renewable Chemicals Market?

5. Which region dominates the Renewable Chemicals Market?

6. Who are the major players in the Renewable Chemicals Market?

7. What segments are included in the Renewable Chemicals Market?

8. What are the challenges facing the Renewable Chemicals Market?

9. What is the future outlook for the Renewable Chemicals Market?

10. How can companies benefit from the Renewable Chemicals Market?

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