Green Chemicals Market, By Product (Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Biopolymers, Platform Chemicals, and Others), By Application (Construction, Healthcare, Pharmaceuticals, Packaging, Food & Beverages, Paints & Coatings, Automotive, Agriculture, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast Till 2034

green chemicals market accounted for US$ 143.7billion in 2024 and is estimated to be US$ 356.6 billion by 2034 and is anticipated to register a CAGR of 10.50%.

Construction chemicals are referred to as the chemicals that are mixed in specific formulations with concrete and cement in order to meet the design, aesthetic, and functional requirements of an infrastructure. Green chemicals are the kind of chemicals that are devoid of components that can have adverse effect on the environment and on human health. Green chemicals, also known as bio-based chemicals are that are renewable and produced from bio-feedstock. These chemicals are eco-friendly and less harmful as compared to petroleum-based chemicals. The raw materials used in production of green chemicals are vegetable oils, corn, sugarcane, sugar beet, wheat, cassava, and others. These chemicals are widely used in various applications such as construction, automotive, packaging, agriculture, and others.

Impact of COVID-19 on the market

The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Green Chemicals manufacturers and vendors. Biopharmaceutical firms are at the leading position of the human response to the coronavirus pandemic. The biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the Green Chemicals market.

Environment friendly

According to ACS Green Chemistry Institute, in many key applications, the green chemicals are paving their way in replacing many toxic chemicals. In the manufacturing of computer chips, a large amount of toxic chemicals, energy, and water is required. Owing to this, the scientists at the Los Alamos National Laboratory have developed a technology that uses critical carbon dioxide (CO2) in the manufacturing of computer chips, and has significantly reduced the amount of energy, water, and toxic chemicals that were needed to manufacture these chips. The global market for green chemicals and materials is likely to exponentially expand over the coming years. The components used in green chemicals and materials are derived from recycled products, which enhance the quality of life and does not harm the environment also. These green materials and chemicals promote the preservation of natural non-renewable resources and reduces the certain environmental impact regarding recycling, disposal, transportation, installation, processing, and fabrication. Green materials and chemicals also prevent the buildings from atmospheric pollution.

High demand from end-user industry and government initiatives

Growing demand for green chemicals in various applications such as construction, packaging, automotive, and others owing to its properties is a major factor expected to drive growth of the global green chemicals market in the next coming years. Additionally, growing awareness among consumers for sustainable products is another factor expected to further fuel growth of the global market to a significant extent. Increasing government initiatives and investments for green city in developed as well as developing countries, coupled with rising demand for green chemicals in various infrastructural plans, and volatility in oil prices, are factors further boosting demand for green chemicals in the target market. With initiatives like “Make in India”, reforming labor laws, easing the land acquisition rules and GST, India is at the brink of becoming a manufacturing hub for the world. Globalization has led supply chains for the businesses more complex; therefore the joint initiative of ‘Together for Sustainability’ (TfS) by global chemical companies has been introduced to encourage Indian chemical manufacturers and suppliers to implement sustainability practices in their management and manufacturing systems.

Conversely, high cost of end-product as compared to petroleum-based chemicals owing to its complex technology process is anticipated to hamper the growth of the global Green Chemicals market during the forecast period.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The green chemicals market is segmented based on the product, application, and region.

On the basis of the product, the global green chemicals market is segmented into bio-alcohols, bio-organic acids, bio-ketones, biopolymers, platform chemicals, and others. Based on application, the target market is categorized into construction, healthcare, pharmaceuticals, packaging, food & beverages, paints & coatings, automotive, agriculture, and others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

In the region, the global green chemicals market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the largest green chemicals market, as the concerns regarding the environment are quite strong here and governments of numerous regional countries are offering their support for the usage of eco-friendly chemicals in various end-use sectors. The North America market is expected to account for significant revenue share contribution and projected to dominate in the global green chemicals market in the next 10 years. This is attributable to growing demand for sustainable products, coupled with presence of prominent players in countries in the North America region. The US Environment Protection Agency (EPA), and the ACS Green Chemistry Institute are playing major role in supporting research and education for preventing pollution and reducing the toxic content. These government agencies have recognized that the use of green chemicals will not only make sustainable, and cleaner environment, but can be economically helpful in building positive social environment. Till 2030, the highest CAGR in the industry would be experienced in Asia-Pacific (APAC), as the demand for green chemicals is rapidly escalating in India, China, Thailand, South Korea, and other developing countries. Several industries in this region such as personal care, food & beverages, and automotive, are growing, thus driving the demand for eco-friendly chemicals. In addition, the market in this region is also observing a positive wave due to growing environmental concerns, rapid industrialization, coupled with increasing government initiatives and funding in various industries.

Report Scope:

Attribute	Details
The base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Million & CAGR from 2024– 2034
Market Segmentation	By Product- Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Biopolymers, Platform Chemicals, Others By Application- Construction, Healthcare, Pharmaceuticals, Packaging, Food & Beverages, Paints & Coatings, Automotive, Agriculture, Others
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.  For the purpose of this study, has segmented the global green chemicals market report based on product, application, and region.

Green Chemicals Market, By Product:

• Bio-Alcohols
• Bio-Organic Acids
• Bio-Ketones
• Biopolymers
• Platform Chemicals
• Others

 Green Chemicals Market, By Application:

• Construction
• Healthcare
• Pharmaceuticals
• Packaging
• Food & Beverages
• Paints & Coatings
• Automotive
• Agriculture
• Others

Green Chemicals Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the green chemicals market include AbengoaAura Biotechnologies, Arkema Group, BASF SE, Avantium N.V., BiologiQ Inc., BioAmber Inc., Cardia Bioplastics, Butamax Advance Biofuels LCC, Evonik Industries AG, and Dongguan Xinhai Environmental-Friendly Material Co. Ltd. The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition. For instance, in September 2020, Arkema announced Partner of the ZEBRA (Zero waste Blade Research) project driven by IRT-Jules Verne, which brings together leading players and technical centers around an ambitious project addressing the design and production of the first 100% recyclable wind turbine blade. Arkema is strengthening its position as a key player in the thermoplastic composite market with its Elium resin. This resin is perfectly in line with the circular economy approach that the Group has initiated for both its operations and its products.

• AbengoaAura Biotechnologies
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies

• Arkema Group
• BASF SE
• Avantium N.V.
• BiologiQ Inc.
• BioAmber Inc.
• Cardia Bioplastics
• Butamax Advance Biofuels LCC
• Evonik Industries AG
• Dongguan Xinhai Environmental-Friendly Material Co. Ltd.

“*” marked represents similar segmentation in other categories in the respective section

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Product
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Green Chemicals Market, By Product, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Bio-Alcohols
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Bio-Organic Acids
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Bio-Ketones
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Biopolymers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Platform Chemicals
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Green Chemicals Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Construction  
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Healthcare
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Pharmaceuticals
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Packaging
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Food & Beverages
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Paints & Coatings
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Automotive
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Agriculture
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Green Chemicals Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• AbengoaAura Biotechnologies.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Arkema Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• BASF SE.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Avantium N.V
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• BiologiQ Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• BioAmber In.  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Cardia Bioplastics.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Butamax Advance Biofuels LCC   
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Evonik Industries AG   
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Dongguan Xinhai Environmental-Friendly Material Co.  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word

• Future Impact
• About Us
• Contact