Bio Based Platform Chemicals Market Projected To Reach USD 52.5 Bn By 2032, With Cagr Of 12.9%
Bio-based platform chemicals are a promising class of chemicals derived from renewable biomass sources, setting them apart from traditional counterparts reliant on fossil fuels. These eco-friendly chemicals serve as fundamental building blocks for a wide range of products across industries. Their renewable nature not only reduces the environmental impact but also offers a sustainable solution to the world's growing chemical demands. By harnessing organic materials such as agricultural residues, plant matter, and algae, bio-based platform chemicals contribute to a greener and more sustainable future. Moreover, their versatility allows for the production of biofuels, bioplastics, solvents, and other valuable products, spurring…
- Date: July 26, 2023
- Author: Robert Shaw
- Category: Taiwan News