There\u2019s only one complete region for biobased where abundant feedstock, lack of oil & gas production, rising energy demand and supportive government policy come together – and that is Asia.<\/p>\n
Biobased \u2013 from fuels to nutraceuticals, Asia has it all going – and in many cases, well out of first gear and the foot firmly on the accelerator. What\u2019s driving it? Well, for sure the long-standing nexus for chemical companies in Asia, the dramatic growth of markets, and the relative scarcity of oil & gas for many countries.<\/b><\/p>\n
But without a doubt, biobased products are on the rise throughout Asia. Here\u2019s our special report as of the end of 2012.<\/p>\n
Macro-Trends<\/p>\n
1.<\/b> Faster energy demand growth than any other region.<\/p>\n
2.<\/b> Less likely to have large fossil energy discoveries \u2013 those that are, will be focused on a handful of countries, not well-aligned with industrial growth.<\/p>\n
3.<\/b> Less affected than other regions by large discoveries of natural gas in North America, unless a pipeline is constructed.<\/p>\n
4.<\/b> Increasingly focused on triple bottom line including social, economic and environmental measures.<\/p>\n