This spreadsheet provides an overview of activity in the developing bio-based commodity chemicals market, detailing which companies are working on which chemical platforms.<\/p>\n
Summary<\/b>
More than 85 per cent of the chemicals we use today come from fossil-based feedstocks like oil and gas. However, there is a growing appetite for chemicals made from bio-based feedstocks.<\/p>\n
Current global bio-based chemical and polymer production (excluding biofuels) is estimated to be around 50 million tonnes and the market is growing by nearly 10 per cent every year.<\/p>\n
Notable examples of bio-based chemicals include non-food starch, cellulose fibres and cellulose derivatives, tall oils, fatty acids and fermentation products such as ethanol and citric acid.<\/p>\n
The range of applications for these bio-based chemicals also continues to expand and these sustainable alternatives to fossil-based chemicals are now being used to manufacture a new generation of bio-based plastics, lubricants, paints, cosmetics, pharmaceuticals and other products; in fact, almost all industrial materials made from fossil resources could be substituted by bio-based counterparts.<\/p>\n
The World Wide Fund for Nature reports that by 2030 the use of bio-based chemicals could prevent 660 million tonnes of carbon dioxide reaching the atmosphere every year; which is over five times the amount of carbon dioxide released by road, air and rail transport in the UK.<\/p>\n
But this is not the only driver pushing major companies towards bio-based chemicals. By 2020, bio-based chemicals and their polymers will generate an estimated $10-15 billion, as the market moves from niche high-value chemicals towards larger-scale applications.<\/p>\n
In this spreadsheet we provide an overview of the bio-based commodity chemicals market as it stands today, detailing which companies are working on which chemical platforms. The overview covers sixty-five companies and forty-eight commodity chemicals.<\/p>\n","protected":false},"excerpt":{"rendered":"
This spreadsheet provides an overview of activity in the developing bio-based commodity chemicals market, detailing which companies are working on which chemical platforms.<\/p>\n
Summary<\/b><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[2315],"class_list":["post-15811","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-nnfcc"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/15811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=15811"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/15811\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=15811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=15811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=15811"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=15811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}