Renewable Chemicals Market Size & Analysis for North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China – 2025-2029

Renewable Chemicals Market Size 2025-2029

The renewable chemicals market size is expected to grow by USD 170-220 billion at a CAGR of 10-13% during the forecast period 2025-2029. Exact values for this market can be accessed upon purchasing the report.

The market is being driven by the increasing adoption of eco-friendly, bio-based chemicals across a range of industries. As concerns over environmental sustainability and fossil fuel depletion intensify, the demand for renewable chemicals derived from organic waste, biomass, and agricultural feedstocks is growing rapidly. This shift is supported by government initiatives and stricter regulations promoting the use of bio-based products. Biotechnology integration is also playing a key role by enhancing the efficiency of biomass conversion and offering new opportunities for novel products. The COVID-19 pandemic initially slowed market growth, but the recovery is evident as sustainability becomes a focal point for various industries, including agriculture, pharmaceuticals, packaging, and automotive.

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How is this Market Segmented?

The renewable chemicals market research report provides a detailed analysis of the market segments, focusing on:

• By Product Type
  • Alcohols
  • Biopolymers
  • Organic Acids
  • Ketones
  • Others
• By Application
  • Petrochemical
  • Pharmaceutical
  • Packaging
  • Cleaners & Detergents
  • Automotive
  • Others
• By Geography
  • North America
    • U.S.
    • Canada
  • APAC
    • China
    • India
    • Japan
    • Southeast Asia
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • South America
    • Brazil
  • Middle East & Africa

Regional Insights

• Asia Pacific dominates the renewable chemicals market, with China and India contributing to significant growth due to the rising chemical industry and increased manufacturing of bio-polymers.
• North America is also experiencing notable growth, particularly in the U.S., driven by the expansion of the e-commerce and food & beverage sectors.
• Europe is seeing growth in the automotive sector, with renewable chemicals being increasingly adopted in automotive applications, such as bio-based coolants.

Market Dynamics

The renewable chemicals market is driven by the rising demand for sustainable products, technological advancements, and government regulations promoting bio-based chemicals. However, high production costs and competition from fossil-based alternatives remain challenges. Companies must focus on cost-efficiency, innovation, and expanding production capacities to remain competitive.

Key Market Trends

Increasing Adoption of Bio-Based Chemicals: Growing environmental concerns have led to an increasing demand for eco-friendly chemicals. The need for reducing carbon footprints and switching to sustainable alternatives is propelling the adoption of renewable chemicals, particularly in industries like packaging and food & beverage.

Biotechnology Integration: Biotechnology is playing a significant role in revolutionizing renewable chemicals production. By optimizing microbial strains for better biomass conversion, companies can create a variety of bio-based chemicals, reducing reliance on fossil resources and minimizing environmental impact.

Expansion of Renewable Alcohols: Bio-based alcohols, including bioethanol and methanol, are experiencing significant growth in industrial applications, especially in fuel additives and solvents. As the demand for sustainable energy solutions rises, these renewable alcohols will continue to see increased adoption.

Key Companies & Market Insights

Leading players in the renewable chemicals market are adopting strategies such as product innovations, mergers & acquisitions, and geographical expansion to strengthen their market presence. Key companies include:

• Trucent
• BRASKEM
• ADM
• Amyris Inc.
• BASF SE
• Bioamber Inc.
• Biomethanol Chemie Nederland B.V
• Cargill Inc.
• DSM
• Mitsubishi Chemical Corporation

These companies are enhancing their R&D capabilities to improve production processes and offer sustainable solutions that cater to diverse industrial needs.

Market Scope

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Technavio’s reports provide a range of market insights, including:

• A detailed analysis of the market, featuring market size, growth rate, segmentation, and regional performance
• In-depth analysis of the drivers, challenges, and other dynamics that will impact the growth of the market
• Predictions about upcoming trends and changes in consumer behavior
• Detailed information on key market players, including market positioning, product offerings, and more

Table of Contents

1 Executive Summary

• 1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

• 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

• 2.2 Criticality of inputs and factors of differentiation
  • Overview on criticality of inputs and factors of differentiation

• 2.3 Factors of disruption
  • Overview on factors of disruption

• 2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

• 3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market

• 3.2 Market characteristics
  • Market characteristics analysis

• 3.3 Value chain analysis
  • Value chain analysis

4 Market Sizing

• 4.1 Market definition
  • Offerings of companies included in the market definition

• 4.2 Market segment analysis
  • Market segments

• 4.3 Market size 2024

• 4.4 Market outlook: Forecast for 2024-2029
  • Chart on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Data Table on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Chart on Global Market: Year-over-year growth 2024-2029 (%)
  • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

• 5.1 Global Market 2019 - 2023
  • Historic Market Size - Data Table on Global Market 2019 - 2023 ($ billion)

• 5.2 Segment Analysis 2019 - 2023
  • Historic Market Size – Segment Analysis 2019 - 2023 ($ billion)

• 5.4 Geography segment analysis 2019 - 2023
  • Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

• 6.1 Impact of AI on the Global Market

7 Five Forces Analysis

• 7.1 Five forces summary
  • Five forces analysis - Comparison between 2024 and 2029

• 7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2024 and 2029

• 7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029

• 7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2024 and 2029

• 7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2024 and 2029

• 7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2024 and 2029

• 7.7 Market condition
  • Chart on market condition - Five forces 2024 and 2029

8 Market Segmentation

• 8.1 Market segments
  • Chart on Segmentation - Market share 2024-2029 (%)
  • Data Table on Segmentation - Market share 2024-2029 (%)

• 8.2 Segment Comparison
  • Chart on Comparison
  • Data Table on Comparison

• 8.3 Segment Market Opportunity
  • Market opportunity ($ billion)
  • Data Table on Market Opportunity ($ billion)

9 Customer Landscape

• 9.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation
  • Chart on market share by geography 2024-2029 (%)
  • Data Table on market share by geography 2024-2029 (%)

• 10.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison

• 10.3 Market opportunity by geography
  • Market opportunity by geography ($ billion)
  • Data Tables on Market opportunity by geography ($ billion)

11 Drivers, Challenges, and Opportunity/Restraints

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

• 11.4 Market opportunities/restraints

12 Competitive Landscape

• 12.1 Overview

• 12.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation

• 12.3 Landscape disruption
  • Overview on factors of disruption

• 12.4 Industry risks
  • Impact of key risks on business

13 Competitive Analysis

• 13.1 Companies profiled
  • Companies covered

• 13.2 Company ranking index
  • Company ranking index

• 13.3 Market positioning of companies
  • Matrix on companies position and classification

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist

• 14.3 Currency conversion rates for US$
  • Currency conversion rates for US$

• 14.4 Research methodology
  • Research methodology

• 14.5 Data procurement
  • Information sources

• 14.6 Data validation
  • Data validation

• 14.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing

• 14.8 Data synthesis
  • Data synthesis

• 14.9 360 degree market analysis
  • 360 degree market analysis

• 14.10 List of abbreviations
  • List of abbreviations