Bio-based Platform Chemicals Market Worth $22.75 Billion by 2025: Grand View Research, Inc.
SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.
- SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.
- Bio-based platform chemicals are gaining popularity over petroleum-based chemicals owing to rising environmental concerns.
- To avoid losses and the demand-supply conundrum of oil, market participants are shifting their preferences toward bio-based platform chemicals.
- Grand View Research has segmented the global bio-based platform chemicals market on the basis of product and region:
Bio-based Platform Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)