Tuesday, November 29, 2022

3 Key Insights on Competitive Landscape in the Global Green Chemicals Market: Ken Research

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Regional Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Global Players, Regional Players, and Country-Niche Players find a recent market study on the Global Green Chemicals Market by Ken Research.

Green chemicals or bio-based chemicals are renewable and eco-friendly substances primarily driven from bio-based raw materials related to plants or animals. Green chemicals are designed to maintain the ecological balance as it helps reduces the harmful impact on the environment regarding disposal, transportation, packaging, processing, fabrication, and others.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the global green chemicals market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the green chemicals market. The regional players comprise ~35% in terms of the number of companies and hold about 40% of the market share. Key players in the market are focused on product launches and offering value-added services to gain significant market share.

Competitive Landscape of Global Green Chemicals Market

2. Leading Players Investing Heavily in the Production of Green Chemicals

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Cargill, Incorporated, Mitsubishi Chemical Group Corporation, and BASF SE among others are highly focused on offering green chemicals for various industries. Furthermore, market players are engaged in R&D activities and are investing heavily in the production of green chemicals to fulfill the demand of the end-users.

  • In October 2021, Sekab, a Sweden-based advanced biofuels and biochemical manufacturer invested EUR 9.95 million to expand its production facility of green chemicals.

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Comparison of Key Competitors and Revenue Share Global Green Chemicals Market

3. Increased Government Initiatives Promote Green Chemicals Market Growth and Development

  • Governmental bodies are taking initiatives such as the European Technology Platform for Sustainable Chemistry (SusChem) and International Sustainable Chemistry Collaborative Centre (ISC3) to promote the adoption of green chemicals.
  • In February 2017, the United Nations Industrial Development Organization (UNIDO) and its partners launched a new green chemistry initiative to deploy green chemistry technologies and approaches and to increase awareness regarding green chemicals.

Key Topics Covered in the Report:-

Snapshot of the Global Green Chemicals Market

Industry Value Chain and Ecosystem Analysis of the Green Chemicals Market

Market size and Segmentation of the Global Green Chemicals Market

Historic Growth of the Overall Global Green Chemicals Market and Segments

Competition Scenario of the Green Chemicals Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Green Chemicals Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Green Chemicals Market

Future Market Forecast and Growth Rates of the Global Green Chemicals Market and by Segments

Market Size of End-User/End-User Segments with historical CAGR and Future Forecasts

Analysis of the Green Chemicals Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Production/Supply and Consumption/Demand Hubs in Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Green Chemicals Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report:-

Cargill, Incorporated

Mitsubishi Chemical Group Corporation.

BASF SE

DuPont

DSM

Evonik

 Plantic

Bayer Material Science AG

Verdant Law

Arkema

Notable Emerging Companies Mentioned in the Report

Bio-Kleen Products, Inc.

Palmer Industries, Inc.

Thermafiber, Inc.

Vertec BioSolvents Inc.

Total Corbion PLA

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Green Chemicals Manufacturers

Chemical Manufacturers

Bio-Alcohol Manufacturers

Packaging Manufacturers

Research & Consulting Firms

Research and Development Associations

Investment Banking & Financial Institutes

Research & Development Institutes for Green Chemicals

Green Chemicals Providers

Green Chemicals Research Organizations

Green Chemicals Suppliers

Investors in Green Chemicals Start-ups

Green Chemicals Distributors

Government Ministries and Departments of Chemical Industry

Chemical Industry Regulatory Bodies

Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Green Chemicals Market

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