Alternative Chemical Products and Processing
The alternative U.S chemical end-use product market is expected to increase from $149.9 billion in 2016 to an estimated $345.6 billion by 2021. It should reach $884.1 billion by 2026, with a compound annual growth rate (CAGR) of 19.4% for the period of 2016-2026.
- An overview of the global markets for alternative chemical products and processing
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2026
- Coverage of processes that are less harmful to humans and the environment, rely on renewable resources, and offer cost efficiency to the manufacturer and customers
- Product markets from feedstocks to end-use
- Regulatory environments as well governmental impact on the market
- Detailed information on manufacturers
- Profiles of major players in the industry
This timely BCC Research study studies the markets for alternative chemical products, which include biomass feedstocks, biobased chemical intermediate products, and end-use alternative chemical products, along with processing technology. It compares the alternative and traditional chemical markets, highlighting the move away from petrochemicals as a primary feedstock. The international arena, regulatory environment and technology, all of which directly affect opportunities for alternative chemical products, are extensively reviewed. The report includes profiles of major product manufacturers and reviews end-use markets. New technologies and processing developments are extensively discussed. Detailed forecasts and analysis provide vital and comprehensive market information on product sales, cost-savings alternatives and international opportunities.
Market forecasts are included for all product categories for U.S. as well as global production. Estimated values used are based on manufacturers’ total revenues. The historical and current significance of government regulations, patents and R&D will be reviewed in terms of their vital roles in affecting 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 2026.
Christopher Maara holds a Master's degree in Finance and Development (Msc) from University of London's School of Oriental and African Studies (SOAS), and has been a Country Risk, Energy Markets and Lead Analyst with London-based Business Monitor International (BMI) and Visiongain Limited, as well with Investment & Research Ltd based in Nairobi. He is also the Founder and Business Development Manager for Kiri Energy Limited, a renewable energy company based in Nairobi, Kenya, where he has worked on a number small-scale, mini-hydro and solar projects in Kenya involving system design and installation.
- 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.
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.