Global Soy-based Chemicals Market 2018-2022
|出版商||TechNavio (Infiniti Research Ltd.)||商品編碼||599707|
|出版日期||內容資訊||英文 139 Pages
|大豆系化學物質的全球市場:2018年∼2022年 Global Soy-based Chemicals Market 2018-2022|
|出版日期: 2018年01月09日||內容資訊: 英文 139 Pages||
This industry research report presents a comprehensive analysis of the global soy-based chemicals market based on applications such as biodiesel, plastic and polymers, food and beverages, paper and pulp, personal care and cosmetics, and others. Moreover, the report also provides a detailed analysis of the market based on the geographic regions such as the Americas, APAC, and EMEA.
According to Technavio's market research and analysis, the rising demand for biofuels will be one of the major factors that will have a positive impact on the global soy-based chemicals market during the forecast period. Factors such as reduction of carbon emission and elimination of increased reliance on fossil fuels drive the demand for biofuels. Moreover, agriculture-based countries such as India, China, and Brazil have shown high demand for biofuels due to the presence of wide areas for feedstock production. The governments of different countries such as US and Germany offer increased support for the utilization of biofuels to lower the dependence on imported crude oil. Such factors will increase the consumption of biofuels such as soy-based biodiesel during the forecast period. Our market research analysts predict that this market will grow at a CAGR of close to 8% by 2022.
The rising need for natural waxes in candle industry is one of the key trends that will contribute to the market growth in the forthcoming years. The increasing environmental concerns and rising demand for bio-based products have driven the usage of soy-based chemicals in the natural wax industry. The rising popularity of soy-wax candles are mainly due to its advantages such as cleaner burning, increased durability, and good fragrance. This will lead to the growth of the soy-based chemicals market.
According to our industry analysis, the biodiesel segment accounted for the maximum share of the soy-based chemicals market during 2017. Our market research experts have estimated that this segment will continue to account for the major growth of this global during the forecast period as well.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the soy-based chemicals market throughout the forecast period. The rising demand for biodiesel, personal care and cosmetics, food and beverages, and polymers and plastics will drive the market growth in the region.
The soy-based chemicals market is quite fragmented due to the presence of several players. This market research report provides information about the market's competitive landscape. Moreover, the report also suggests strategies followed by vendors to improve their market shares and gain a competitive advantage over the other players.
Some of the companies covered in this report are -
Technavio also offers customization on reports based on specific client requirement.