Bio-Based Chemicals Market Size | Trends, Sales, Industry Latest News, and Consumption by Forecast to 2027
Market Highlights: The global Bio-Based Chemicals Market Sizeis estimated to be valued at USD 97,267.0 million by 2023 and record a CAGR of 10.47% during the forecast period. According to the US Environmental Protection Agency (US EPA), the chemical industry was responsible for over 20% of the industrial greenhouse gas emissions in 2017. Environmental concerns due to uncontrolled emissions from the chemical industry have led to the imposition of regulations over the use of synthetic chemicals, which is expected to create growth opportunities for the players operating in the global Bio-Based Chemicals Industry. With the advent of bio-based chemicals, the production of chemicals through the synthetic medium is declining. However, volatile raw material prices of bio-based chemicals are expected to be a restraining factor for the growth of the global market during the forecast period. Get Free Sample@ https://www.marketresearchfuture.com/sample_reques...