Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Green Chemicals Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Green Chemicals Market Grow Between 2024 and 2025?
The market size of green chemicals has shown a robust upward trend recently. The market value was projected to increase from $120.43 billion in 2024 to $132.11 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%.
How Much Will the Green Chemicals Market Be Worth in 2029?
The green chemicals market is projected to reach a value of $198.6 billion in 2029, with an estimated compound annual growth rate (CAGR) of 10.7%.
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Which Green Chemicals Market Drivers Are Linked to Revenue Growth?
The key Drivers in the green chemicals market are:
• Increased demand for bioethanol
• Bioethanol's reputation as a 'green' chemical
• Bioethanol's role as a clean-burning fuel
• Lower greenhouse gas emissions from bioethanol compared to fossil fuels
Which Segments Are Expected to Grow in the Green Chemicals Market?
The green chemicalsmarket covered in this report is segmented –
1) By Type: Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Biopolymers, Other Types
2) By Technology: Bioprocessing, Fermentation, Enzymatic Processes, Metabolic Engineering, Other Technologies
3) By Raw Materials: Agricultural Waste, Biomass, Microorganisms, Sugar And Starch Crops, Other Raw Materials
4) By Applications: Construction, Healthcare, Pharmaceuticals And Personal Care Products, Packaging, Food And Beverages, Paints And Coatings, Automotive, Agriculture, Other Applications
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What Are The Key Trends Impacting Growth In The Global Green Chemicals Market?
The key trends in the green chemicals market are:
• The implementation of new technologies is a significant emerging trend in the green chemicals market.
• Major market participants are embracing these technological advancements to maintain their place within the industry.
• Adoption of unique technologies, such as those provided by Praedicat, represents a growing trend.
• The launch of services like the Green Chemistry Offering, which offer enhanced risk analysis and safer chemical options, is another developing trend.
Who Are the Key Competitors in the Global Green Chemicals Market?
The key players in the green chemicals market are:
• Cargill Inc.
• BASF SE
• Mitsubishi Chemical Holdings Corporation
• BioAmber Inc.
• DuPont de Nemours Inc.
• Arkema Group
• Koninklijke DSM N.V.
• Evonik Industries AG
• Total Corbion PLA
• Elevance Renewable Sciences Inc.
• Amyris Inc.
• Genomatica Inc.
• LanzaTech Inc.
• Novomer Inc.
• Verdezyne Inc.
• Myriant Corporation
• Sila Nanotechnologies Inc.
• Bayer Material Science AG
• Ambient Photonics Inc.
• NatureWorks LLC
• Gevo Inc.
• Checkerspot
Where Is the Green Chemicals Market Growing Fastest Between 2025 and 2029?
Europe was the largest region in the green chemicals market in 2024
