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Bio-based Platform Chemicals Market

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The Bio-based Platform Chemicals Market size is forecast to reach US$26.3 billion by 2027 after growing at a CAGR of 8.9% during the forecast period 2022-2027 – PowerPoint PPT presentation

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Title: Bio-based Platform Chemicals Market


1
Bio-based Platform Chemicals MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The Bio-based Platform Chemicals Market size is
    forecast to reach US26.3 billion by 2027 after
    growing at a CAGR of 8.9 during the forecast
    period 2022-2027. 
  • Bio-based platform chemicals are a group of
    chemicals that are manufactured from sugar
    through the procedure of biological conversions.
    This group of chemicals include molecules that
    have a wide range of functional groups, hence,
    they can be converted into a range of other
    high-value chemicals.

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3
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  • Key Takeaways
  • Bio-Itaconic Acid in Bio-based Platform Chemicals
    Market is expected to see the fastest growth,
    owing to the increasing demand of Bio-Itaconic
    Acid from the pharmaceuticals industry.
  • Bio-based Platform Chemicals are generally used
    for the production of adhesives, polymers,
    superabsorbents, fibers, plastic packaging,
    resins, and cleaning agents which makes them
    ideal for use in the packaging and personal care
    industry.

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4
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By Distribution Channel- Segment Analysis The
Bio-Itaconic Acid segment held the largest share
in the Bio-based Platform Chemicals Market in
2021 and is expected to grow at a CAGR of 8.3
between 2022 and 2027. The reason behind this is
the increasing demand for Bio-Itaconic Acid and
its derivatives for the controlled release of
drugs in the pharmaceutical industry. Likewise,
Bio-Itaconic Acid can easily dissolve in
alcohols, such as ethanol, methanol, and
propanol, hence, they are also used for effective
and controlled release of drugs. 
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5

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  • Bio-based Platform Chemicals Market Industry
    Outlook 
  • BASF SE
  • Braskem S/A
  • Cargill Incorporated
  • DuPont de Nemours Inc.
  • Itaconix Corporation
  • Koninklijke DSM N.V.
  • LyondellBasell Industries N.V.

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6
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Bio-based Platform Chemicals Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/B
io-based-Platform-Chemicals-Market-Research-503142
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id503142

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Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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