Sustainable Chemicals Market By Size, Share and Forecast 2029F| TechSci Research

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 75.15 Billion
CAGR (2024-2029)	7.16%
Fastest Growing Segment	Bio-Alcohols
Largest Market	Europe
Market Size (2029)	USD 112.53 Billion

Market Overview

Global Sustainable Chemicals Market was valued at USD 75.15 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 7.16% through 2029. Increasing awareness among consumers regarding the environmental and health impacts of traditional chemicals has spurred a rising demand for sustainable alternatives. Stringent environmental regulations and policies aimed at reducing carbon emissions and promoting circular economy practices have further accelerated this trend. Corporations are strategically integrating sustainability into their operations, fostering innovation in bio-based, renewable, and green chemistry. The pursuit of a circular economy, where products are designed for reuse and recycling, aligns with the development and adoption of sustainable chemicals.

Governments and international organizations are providing crucial support and incentives, while investors increasingly prioritize sustainable practices in their portfolios. As resource scarcity concerns grow and the cost competitiveness of sustainable technologies improves, businesses are more inclined to embrace sustainable chemical solutions. This dynamic landscape underscores a fundamental shift in the chemical industry, where social and environmental responsibility are becoming key drivers of innovation, market expansion, and long-term competitiveness. The sustainable chemicals market stands at the forefront of a transformative era, reflecting a collective commitment to building a more sustainable and resilient future.

Key Market Drivers

Surge in Corporate Sustainability Initiatives

Corporate Sustainability Initiatives play a pivotal role in shaping the growth trajectory of the sustainable chemicals market. As businesses increasingly recognize the importance of aligning their strategies with environmental and social considerations, they are incorporating sustainability into their core initiatives. Many companies are committing to reducing their carbon footprint, minimizing the use of hazardous substances, and adopting eco-friendly practices throughout their supply chains. This strategic shift is driving the demand for sustainable chemicals as a fundamental component of achieving corporate sustainability goals.

Innovation within Corporate Sustainability Initiatives is fostering the development of eco-friendly technologies and processes, promoting the use of renewable resources, and advancing green chemistry. This, in turn, is contributing to the expansion of the sustainable chemicals market. Companies are investing in research and development to discover novel, sustainable solutions, further accelerating the market's growth.

Consumers are increasingly making purchasing decisions based on a company's commitment to sustainability. As a result, businesses are integrating sustainable chemicals into their product offerings to meet the evolving preferences of environmentally conscious consumers. This consumer-driven demand acts as a catalyst for companies to invest in and adopt sustainable practices, influencing the growth of the sustainable chemicals market.

Corporate Sustainability Initiatives also enhance a company's reputation and attractiveness to investors. Investors are showing a growing interest in companies that prioritize environmental and social responsibility, which, in turn, incentivizes businesses to incorporate sustainable chemicals into their operations.

Rise in Innovation and Research & Development

Innovation and Research & Development (R&D) are driving forces behind the robust growth of the sustainable chemicals market, contributing significantly to the development, adoption, and commercialization of eco-friendly alternatives. The continuous pursuit of more sustainable and environmentally friendly solutions has spurred substantial investments in R&D across industries, leading to breakthroughs in green chemistry, bio-based materials, and renewable resources.

The emphasis on sustainability has catalyzed a wave of innovation, giving rise to novel technologies that minimize environmental impact. Researchers are exploring alternative raw materials, such as biomass and agricultural waste, to replace traditional petrochemical sources. Green chemistry principles guide the design of processes that reduce or eliminate hazardous by-products, energy consumption, and waste generation. These innovations not only align with environmental goals but also contribute to the overall growth and competitiveness of the sustainable chemicals market.

Advancements in sustainable chemical technologies are fostering the development of new and improved products. Companies are investing in R&D to create eco-friendly alternatives to conventional chemicals without compromising performance or functionality. This not only addresses environmental concerns but also meets the growing demand from consumers and businesses for sustainable options.

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Key Market Challenges

Growth in Cost Competitiveness

One of the primary challenges faced by the sustainable chemicals market is achieving cost competitiveness against traditional chemical products. The initial stages of research, development, and implementation of sustainable technologies often involve higher costs than well-established conventional methods. This cost disparity can hinder the widespread adoption of sustainable alternatives, particularly when companies are driven by economic considerations. To address this challenge, there is a need for continuous innovation and process optimization to reduce production costs.

As the demand for sustainable products increases, economies of scale may play a role in driving down costs. Government incentives and subsidies can also help bridge the cost gap, encouraging businesses to invest in and adopt sustainable practices. Striking a balance between environmental sustainability and economic viability is crucial to overcoming this challenge and ensuring that sustainable chemicals can compete effectively in the market. As technological advancements progress and more companies embrace sustainable practices, it is expected that cost competitiveness will improve, making sustainable chemicals more attractive to a broader range of industries and consumers.

Limited Availability of Feedstock

A significant challenge facing the sustainable chemicals market is the limited availability of suitable feedstocks, particularly those that are renewable and environmentally friendly. The production of sustainable chemicals often relies on biomass, agricultural crops, or waste materials as feedstocks. However, the competition for these resources can be intense, and there are concerns about their sustainability and impact on food production.

The demand for bio-based feedstocks can potentially lead to conflicts between using land for food crops and dedicating it to feedstock production for sustainable chemicals. Additionally, the geographic distribution of feedstock sources may create logistical challenges in ensuring a stable and consistent supply chain.

Key Market Trends

Growing Adoption of Bio-Based Materials

The trend towards bio-based materials represents a significant shift in the sustainable chemicals market. Bio-based materials are derived from renewable biological resources, such as plants, algae, or agricultural waste, as opposed to traditional petrochemical sources. This trend is driven by a growing awareness of the environmental impact of conventional chemical production and a desire to reduce dependence on fossil fuels.

Bio-based materials offer several advantages, including a lower carbon footprint, reduced greenhouse gas emissions, and decreased reliance on finite resources. Companies are investing in research and development to discover innovative ways to extract chemicals and materials from biomass, creating a more sustainable and environmentally friendly alternative to traditional chemical manufacturing.

This trend aligns with broader goals of achieving a more circular and sustainable economy. It promotes the use of resources that can be replenished, supporting biodiversity and reducing the environmental degradation associated with extracting and processing non-renewable resources.

Various industries, including packaging, textiles, and automotive, are increasingly incorporating bio-based materials into their products to meet consumer demands for more sustainable and eco-friendly options. The bio-based materials trend reflects a broader commitment to transitioning from a linear, resource-intensive economy to one that embraces principles of sustainability, circularity, and environmental stewardship.

Growth in Green Chemistry

The adoption of circular economy practices is a key trend influencing the sustainable chemicals market. A circular economy is an economic system designed to eliminate waste and promote the continual use and reuse of resources. In the context of the chemical industry, circular economy practices involve reducing the consumption of raw materials, minimizing waste, and designing products and processes that can be easily recycled or repurposed.

This trend is driven by a recognition of the environmental impacts associated with linear production and consumption models. In a circular economy, the end goal is to keep products, materials, and resources in use for as long as possible, extracting the maximum value from them before recovering and regenerating materials at the end of their lifecycle.

For the sustainable chemicals market, circular economy practices translate into the development of processes that use recycled or regenerated feedstocks, reducing the dependence on virgin resources. Additionally, it involves creating chemicals and materials that can be easily integrated into closed-loop systems, where they can be recovered and reused without significant environmental impact.

Circular economy initiatives in the chemical industry often focus on extending the lifespan of products, encouraging recycling, and finding innovative ways to recover and reprocess waste materials. This approach aligns with sustainability goals by minimizing resource depletion, reducing energy consumption, and mitigating the environmental impact associated with the production and disposal of chemicals. As regulatory frameworks and consumer preferences increasingly favor circular economy practices, the sustainable chemicals market is likely to see continued growth in this direction.

Segmental Insights

Products Insights

Bio-alcohols have emerged as a dominant segment in the global sustainable chemicals market due to their versatility, renewability, and eco-friendly characteristics. These alcohols, including ethanol and methanol derived from biomass sources such as sugarcane, corn, and lignocellulosic feedstocks, offer a sustainable alternative to traditional petrochemical-based alcohols. The production of bio-alcohols aligns with the increasing demand for cleaner and greener chemicals, as they significantly reduce carbon emissions compared to their fossil fuel counterparts.

Bio-alcohols can be used as key building blocks for a wide range of sustainable products, including bio-based plastics, solvents, and fuels, contributing to the overall growth of the sustainable chemicals market. The emphasis on reducing dependence on finite fossil resources and addressing environmental concerns has driven the prominence of bio-alcohols, making them a cornerstone in the transition towards a more sustainable and environmentally conscious chemical industry.

Application Insights

The dominance of the Industrial & Chemicals sector in the application of sustainable chemicals can be attributed to several factors. First and foremost, the industrial and chemical industry is a major consumer of diverse chemical products for manufacturing processes, making it a key target for sustainable alternatives. As industries face increasing pressure to reduce their environmental footprint and adhere to stringent regulations, the adoption of sustainable chemicals aligns with their sustainability goals.

In the Industrial & Chemicals sector, sustainability considerations are crucial for maintaining operational efficiency and meeting environmental compliance standards. Sustainable chemicals offer solutions that not only minimize the environmental impact of industrial processes but also often improve overall efficiency and resource utilization.

The industrial sector often has a significant influence on supply chain dynamics. When major players in the industrial and chemical industry incorporate sustainable practices, it can have a cascading effect throughout the supply chain, encouraging suppliers and manufacturers to follow suit.

The drive for sustainability in the Industrial & Chemicals sector is further reinforced by increasing consumer awareness and demand for environmentally friendly products. Companies in this sector recognize the importance of aligning with consumer preferences and are investing in sustainable chemicals to enhance their brand image and market competitiveness.

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Regional Insights

Europe's dominance in the global sustainable chemicals market can be attributed to a combination of regulatory initiatives, robust industrial infrastructure, and heightened corporate sustainability commitments. The region has been at the forefront of implementing stringent environmental regulations, encouraging the adoption of sustainable practices. The presence of well-established industries actively embracing eco-friendly alternatives, along with significant research and development investments, has propelled Europe to a leadership position in the sustainable chemicals market.

Growing consumer awareness and demand for sustainable products further stimulates the adoption of green technologies, contributing to the region's dominance in shaping the future of environmentally conscious chemical production.

Recent Developments

In February of 2023, ZDHC and TESTEX joined forces in a groundbreaking collaboration aimed at fostering a more sustainable industry landscape. This strategic partnership is dedicated to advancing sustainability practices while addressing the specific requirements of chemical manufacturers, suppliers, brands, and retailers alike. Together, they aspire to establish a unified framework for sustainable chemical and product management throughout the intricate network of global value chains. This concerted effort underscores a commitment to environmental responsibility, ethical sourcing, and the long-term viability of the industry as a whole. Through innovative initiatives and shared expertise, ZDHC and TESTEX aim to drive positive change and set new benchmarks for sustainability within the sector.

Key Market Players

BASF SE
The Dow Chemical Company
Saudi Basic Industries Corporation
Johnson Matthey PLC
Evonik Industries AG
Global Bioenergies
Terraverdae Bioworks Inc.
Avantium N.V.
Toray Industries, Inc.
CJ Biomaterials, Inc.
Novozymes A/S
LanzaTech Global, Inc.
Mitsubishi Chemical Corporation
TotalEnergies Corbion B.V.
Vertec BioSolvents, Inc.
GFBiochemicals Ltd.
Eastman Chemical Company
Arkema Group
Braskem SA
Plantic Technologies Ltd.

By Products		By Application	By Region
	Bio-Alcohols Bio-Organic Acids Bio-Ketones Bio-Polymers Others	Industrial & Chemicals Pharmaceuticals Construction Packaging Automotive Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Sustainable Chemicals Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Sustainable Chemicals Market, By Products:

o Bio-Alcohols

o Bio-Organic Acids

o Bio-Ketones

o Bio-Polymers

o Others

Global Sustainable Chemicals Market, By Application:

o Industrial & Chemicals

o Pharmaceuticals

o Construction

o Packaging

o Automotive

o Others

Global Sustainable Chemicals Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

§ Sweden

§ Belgium

§ Russia

§ Poland

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

§ Vietnam

§ Thailand

§ Philippines

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Nigeria

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Sustainable Chemicals Market.

Available Customizations:

Global Sustainable Chemicals market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Sustainable Chemicals Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validations

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Impact of COVID19, Weather Condition and Wars on Global Sustainable Chemicals Market

5. Voice of Customer

6. Global Sustainable Chemicals Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Products (Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Bio-Polymers, Others)

6.2.2. By Application (Industrial & Chemicals, Pharmaceuticals, Construction, Packaging, Automotive, Others)

6.2.3. By Region

6.2.4. By Company (2023)

6.3. Market Map

7. North America Sustainable Chemicals Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Products

7.2.2. By Application

7.2.3. By Country

7.3. North America: Country Analysis

7.3.1. United States Sustainable Chemicals Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Products

7.3.1.2.2. By Application

7.3.2. Canada Sustainable Chemicals Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Products

7.3.2.2.2. By Application

7.3.3. Mexico Sustainable Chemicals Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Products

7.3.3.2.2. By Application

8. Europe Sustainable Chemicals Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Products

8.2.2. By Application

8.2.3. By Country

8.3. Europe: Country Analysis

8.3.1. Germany Sustainable Chemicals Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Products

8.3.1.2.2. By Application

8.3.2. United Kingdom Sustainable Chemicals Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Products

8.3.2.2.2. By Application

8.3.3. Italy Sustainable Chemicals Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Products

8.3.3.2.2. By Application

8.3.4. France Sustainable Chemicals Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Products

8.3.4.2.2. By Application

8.3.5. Spain Sustainable Chemicals Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Products

8.3.5.2.2. By Application

8.3.6. Russia Sustainable Chemicals Market Outlook

8.3.6.1. Market Size & Forecast

8.3.6.1.1. By Value

8.3.6.2. Market Share & Forecast

8.3.6.2.1. By Products

8.3.6.2.2. By Application

8.3.7. Belgium Sustainable Chemicals Market Outlook

8.3.7.1. Market Size & Forecast

8.3.7.1.1. By Value

8.3.7.2. Market Share & Forecast

8.3.7.2.1. By Products

8.3.7.2.2. By Application

8.3.8. Poland Sustainable Chemicals Market Outlook

8.3.8.1. Market Size & Forecast

8.3.8.1.1. By Value

8.3.8.2. Market Share & Forecast

8.3.8.2.1. By Products

8.3.8.2.2. By Application

8.3.9. Sweden Sustainable Chemicals Market Outlook

8.3.9.1. Market Size & Forecast

8.3.9.1.1. By Value

8.3.9.2. Market Share & Forecast

8.3.9.2.1. By Products

8.3.9.2.2. By Application

9. Asia-Pacific Sustainable Chemicals Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Products

9.2.2. By Application

9.2.3. By Country

9.3. Asia-Pacific: Country Analysis

9.3.1. China Sustainable Chemicals Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Products

9.3.1.2.2. By Application

9.3.2. India Sustainable Chemicals Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Products

9.3.2.2.2. By Application

9.3.3. Japan Sustainable Chemicals Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Products

9.3.3.2.2. By Application

9.3.4. South Korea Sustainable Chemicals Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Products

9.3.4.2.2. By Application

9.3.5. Australia Sustainable Chemicals Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Products

9.3.5.2.2. By Application

9.3.6. Thailand Sustainable Chemicals Market Outlook

9.3.6.1. Market Size & Forecast

9.3.6.1.1. By Value

9.3.6.2. Market Share & Forecast

9.3.6.2.1. By Products

9.3.6.2.2. By Application

9.3.7. Vietnam Sustainable Chemicals Market Outlook

9.3.7.1. Market Size & Forecast

9.3.7.1.1. By Value

9.3.7.2. Market Share & Forecast

9.3.7.2.1. By Products

9.3.7.2.2. By Application

9.3.8. Philippines Sustainable Chemicals Market Outlook

9.3.8.1. Market Size & Forecast

9.3.8.1.1. By Value

9.3.8.2. Market Share & Forecast

9.3.8.2.1. By Products

9.3.8.2.2. By Application

10. South America Sustainable Chemicals Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Products

10.2.2. By Application

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Sustainable Chemicals Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Products

10.3.1.2.2. By Application

10.3.2. Argentina Sustainable Chemicals Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Products

10.3.2.2.2. By Application

10.3.3. Colombia Sustainable Chemicals Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Products

10.3.3.2.2. By Application

11. Middle East and Africa Sustainable Chemicals Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Products

11.2.2. By Application

11.2.3. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Sustainable Chemicals Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Products

11.3.1.2.2. By Application

11.3.2. Saudi Arabia Sustainable Chemicals Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Products

11.3.2.2.2. By Application

11.3.3. Egypt Sustainable Chemicals Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Products

11.3.3.2.2. By Application

11.3.4. UAE Sustainable Chemicals Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Products

11.3.4.2.2. By Application

11.3.5. Nigeria Sustainable Chemicals Market Outlook

11.3.5.1. Market Size & Forecast

11.3.5.1.1. By Value

11.3.5.2. Market Share & Forecast

11.3.5.2.1. By Products

11.3.5.2.2. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

13.1. Recent Development

13.2. Mergers & Acquisitions

13.3. Product Launches

14. Global Sustainable Chemicals Market: SWOT Analysis

15. List of Leading Suppliers of Sustainable Chemicals, By Region

16. Porter’s Five Forces Analysis

16.1. Competition in the Industry

16.2. Potential of New Entrants

16.3. Power of Suppliers

16.4. Power of Customers

16.5. Threat of Substitute Products

17. Competitive Landscape

17.1. BASF SE

17.1.1. Business Overview

17.1.2. Products & Services

17.1.3. Recent Developments

17.1.4. Key Personnel

17.1.5. SWOT Analysis

17.2. The Dow Chemical Company

17.3. Saudi Basic Industries Corporation

17.4. Johnson Matthey PLC

17.5. Evonik Industries AG

17.6. Global Bioenergies

17.7. Terraverdae Bioworks Inc.

17.8. Avantium N.V.

17.9. Toray Industries, Inc.

17.10. CJ Biomaterials, Inc.

17.11. Novozymes A/S

17.12. LanzaTech Global, Inc.

17.13. Mitsubishi Chemical Corporation

17.14. TotalEnergies Corbion B.V.

17.15. Vertec BioSolvents, Inc.

17.16. GFBiochemicals Ltd.

17.17. Eastman Chemical Company

17.18. Arkema Group

17.19. Braskem SA

17.20. Plantic Technologies Ltd.

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

Figure 1: Global Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 2: Global Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 3: Global Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 4: Global Sustainable Chemicals Market Share, By Region, By Value, 2019-2029F

Figure 5: Global Sustainable Chemicals Market Share, By Company, By Value, 2023

Figure 6: Global Sustainable Chemicals Market Map, By Products, Market Size (USD Billion) & Growth Rate (%), 2023

Figure 7: Global Sustainable Chemicals Market Map, By Application, Market Size (USD Billion) & Growth Rate (%), 2023

Figure 8: Global Sustainable Chemicals Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2023

Figure 9: Europe Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 10: Europe Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 11: Europe Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 12: Europe Sustainable Chemicals Market Share, By Country, By Value, 2019-2029F

Figure 13: Germany Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 14: Germany Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 15: Germany Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 16: France Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 17 France Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 18: France Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 19: Spain Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 20: Spain Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 21: Spain Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 22: United Kingdom Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 23: United Kingdom Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 24: United Kingdom Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 25: Russia Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 26: Russia Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 27: Russia Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 28: Belgium Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 29: Belgium Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 30: Belgium Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 31: Italy Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 32: Italy Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 33: Italy Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 34: Poland Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 35: Poland Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 36: Poland Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 37: Sweden Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 38: Sweden Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 39: Sweden Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 40: North America Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 41: North America Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 42: North America Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 43: North America Sustainable Chemicals Market Share, By Country, By Value, 2019-2029F

Figure 44: United States Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 45: United States Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 46: United States Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 47: Canada Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 48: Canada Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 49: Canada Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 50: Mexico Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 51: Mexico Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 52: Mexico Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 53: Asia Pacific Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 54: Asia Pacific Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 55: Asia Pacific Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 56: Asia Pacific Sustainable Chemicals Market Share, By Country, By Value, 2019-2029F

Figure 57: China Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 58: China Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 59: China Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 60: India Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 61: India Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 62: India Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 63: Japan Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 64: Japan Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 65: Japan Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 66: South Korea Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 67: South Korea Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 68: South Korea Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 69: Australia Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 70: Australia Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 71: Australia Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 72: Thailand Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 73: Thailand Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 74: Thailand Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 75: Vietnam Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 76: Vietnam Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 77: Vietnam Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 78: Philippines Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 79: Philippines Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 80: Philippines Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 81: South America Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 82: South America Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 83: South America Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 84: South America Sustainable Chemicals Market Share, By Country, By Value, 2019-2029F

Figure 85: Brazil Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 86: Brazil Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 87: Brazil Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 88: Argentina Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 89: Argentina Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 90: Argentina Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 91: Colombia Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 92: Colombia Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 93: Colombia Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 94: Middle East & Africa Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 95: Middle East & Africa Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 96: Middle East & Africa Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 97: Middle East & Africa Sustainable Chemicals Market Share, By Country, By Value, 2019-2029F

Figure 98: Saudi Arabia Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 99: Saudi Arabia Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 100: Saudi Arabia Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 101: South Africa Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 102: South Africa Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 103: South Africa Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 104: Egypt Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 105: Egypt Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 106: Egypt Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 107: Nigeria Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 108: Nigeria Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 109: Nigeria Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Figure 110: UAE Sustainable Chemicals Market Size, By Value (USD Billion), 2019-2029F

Figure 111: UAE Sustainable Chemicals Market Share, By Products, By Value, 2019-2029F

Figure 112: UAE Sustainable Chemicals Market Share, By Application, By Value, 2019-2029F

Frequently asked questions

What was the market size of the Global Sustainable Chemicals Market in 2023?

The market size of the Global Sustainable Chemicals Market was estimated to be USD 75.15 Billion in 2023.

Which was the dominant segment by products in the Global Sustainable Chemicals Market in 2023?

Bio-alcohols stand out as a leading commodity in the worldwide sustainable chemicals market owing to their versatility, renewability, and environmentally friendly attributes. Ethanol and methanol, key bio-alcohols sourced from biomass like sugarcane, corn, and lignocellulosic materials, present a sustainable substitute to conventional petrochemical-based alcohols.

Which is the dominant region in the Global Sustainable Chemicals Market?

Europe holds a commanding position in the global sustainable chemicals market. This dominance is attributed to a combination of stringent environmental regulations, robust industrial infrastructure, and a strong commitment from businesses to sustainability practices. The region has been a frontrunner in adopting eco-friendly alternatives, with well-established industries actively integrating sustainable solutions into their processes.

What are the major drivers for the Global Sustainable Chemicals Market?

Sustainability initiatives & innovation and research & development are the major drivers for the Global Sustainable Chemicals Market.

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Sakshi Bajaal

Business Consultant

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Press Release

Global Sustainable Chemicals Market to Grow with a CAGR of 7.16% through 2029

Apr, 2024

Increasing investments and growing awareness of environmental issues are expected to drive the Global Sustainable Chemicals Market growth in the forecast period, 2025-2029.

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