The global market for alternative chemical end-use products is expected to increase from $193.7 billion in 2007 to an estimated $213.7 billion by the end of 2008. It should reach $420.4 billion by 2013, a compound annual growth rate (CAGR) of 14.5%.
Miscellaneous specialty chemicals have the largest share of the U.S. market and are expected to be worth $17.3 billion in 2008 and $35.5 billion in 2013, for a CAGR of 15.5%.
The U.S. and Western Europe together accounted for nearly half the global market for alternative chemical products in 2008 with a combined market share of 48%, at a value of $106.4 billion.
STUDY GOALS AND OBJECTIVES
This study intends to provide a comprehensive and detailed analysis of the current and forecasted market through 2013 for alternative chemicals and processes that have emerged from the green chemistry movement. Green Chemistry principles promote products and processes that are less harmful to humans and the environment, rely on renewable resources, and offer cost efficiency to the manufacturer and customers. This study contributes information and data that provide a total picture of the industry presented herein.
The study intends to correlate data that has been calculated from many sources, including manufacturers that participate in this market. The objective of this study is to provide a comprehensive look at the alternative chemical product and process industry with detailed information on manufacturers; product markets from feedstocks to end-use; regulations; patents; government, academic and commercial developments; and the global marketplace.
REASONS FOR DOING THE STUDY
This study is intended to provide a comprehensive overview of the market for alternative chemical products and processes. Public concern over pollution and the negative impact on the environment from chemical production has stimulated a growing demand for products that promote good environmental habits and generate less waste, create less pollution, and promote sustainability. The chemical industry is responsible for tens of thousands of products that are used by consumers on a daily basis. It, therefore, has a huge impact on our environment from the raw materials used to the consumption of finished products and the final disposal of product waste. An emerging industry focus based on the principles of Green Chemistry illustrates that technology is shifting from a resource to a knowledge-based industry as manufacturers, suppliers and customers become increasingly aware of how to make products better while using less material resources and producing less toxic products and byproducts.
This timely BCC study details the markets for alternative chemical products that include biomass feedstocks, biobased chemical products, and end-use alternative chemical products along with processing technology. It compares the alternative and traditional chemical market, highlighting the move away from petrochemicals as a primary feedstock. The international arena, regulatory environment, and technology that directly affect opportunities for alternative chemical products are extensively reviewed. The report covers a broad spectrum of the chemical industry and provides a cohesive picture of the overall alternative chemical product market with forecasts through 2013.
This study should be of interest to anyone involved directly in the chemical industry or interested in industrial markets. Manufacturers that are included in the chemical supply chain, both downstream and upstream, will find vital data and analysis on how the market is transitioning for a more competitive marketplace. Those in chemical management and operations will find this study useful for information concerning new processes and development that help create more efficient standards. This report also will give chemical customers insightful information into alternative product choices and the reason why alternative chemical products are quality and cost-effective choices.
Likewise, those participating in research and development activities through academic institutions, government programs, or private sector initiatives are presented with new developments and technological advances in potential new products and applications. Investors, banks, and legislators and others that require information about alternative chemical markets and sustainable alternatives will be able to use this study to assess the economic and environmental benefits of this emerging chemical industry segment.
SCOPE OF REPORT
This timely BCC study details the markets for alternative chemical products that include biomass feedstocks, biobased chemical intermediate products, and end-use alternative chemical products along with processing technology. It compares the alternative and traditional chemical market, highlighting the move away from petrochemicals as a primary feedstock. The international arena, regulatory environment, and technology that directly affect opportunities for alternative chemical products are extensively reviewed. Major product manufacturers are profiled and end-use markets are reviewed. Information concerning new technology and processing developments are extensively discussed. Detailed forecasts and analysis provide vital market information on product sales, cost savings alternatives, and international opportunities in a comprehensive manner.
Market forecasts are included for all product categories for U.S. production as well as global production. The historical and current significance of government regulations, patents, and research and development (R&D) will be reviewed in their vital role in effecting the market dynamics of the alternative chemical market with emphasis on future product sales. Information concerning U.S. exports and leading globalized companies will be analyzed. The report covers a broad spectrum of the chemical industry and provides a cohesive picture of the overall alternative chemical product market with forecasts through 2013.
This report is based on examining and calculating information from a variety of sources to obtain data that is balanced in regard to historical statistics and future predictions. This study forecasts the market’s growth through 2013, and includes data for manufacturer sales; biobased feedstock, biobased chemicals, and end-use products; and the effect of market dynamics, regulation, and technology on product sales. Information is provided in terms of manufacturer’s products, sales, and other vital information. Market forecasts are expressed in current dollar values and market share percentages forecasted through 2013. Information sources are also included that enlighten the reader about the alternative chemical product market in broader terms. This study is based on extensive research from a number of sources. These include government agency resources, such as the Environmental Protection Agency (EPA) and Department of Energy (DOE); Department of Agriculture (USDA); U.S. Trade Commission; and national and international trade associations and journals and technical and product information from manufacturers, patent examination, legislators, and researchers, and many organizations.
Throughout her career as a researcher, analyst, and writer, Leslie Burk’s expertise focuses on the synergy of business and the environment. Her experience includes an emphasis on the presentation and synthesis of data and information for a variety of recipients including organizations, government officials, private business and industrial representatives. Ms. Burk’s environmental experiences spans from working for one of the largest national waste companies and dealing with issues pertaining to landfill activity, industrial and special waste markets and regulation, and other waste management activities to focusing on communication strategies for a regional environmental organization focusing on water quality issues, policy, and monitoring and research activities.
Published - Mar-2003|
Analyst - Leslie Burk|
Code - CHM040A
Excellent growth will be seen in the alternative plastics, packaging and detergent markets.
Alternating cleaning products and paints and coatings will achieve below average growth.
The alternative plastics market will increase substantially to $10.85 billion by 2007.
The pharmaceutical market derived from alternative chemicals will grow to $8.26 billion by 2007.
The packaging market will increase to $8.12 billion in 2007.
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