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.
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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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
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