The Global bio-based chemicals market

Do you know what the bio-based chemicals market size is

The global bio-based chemicals market size was USD 73.16 billion in 2020. The market is projected to grow from USD 77.10 billion in 2021 to USD 144.63 billion in 2028 at a CAGR of 9.4% during the 2021-2028 period

The chemicals derived from biomass or biological origin sources such as corn, cellulosic feedstock, and biodegradable waste are biobased chemicals. The rising demand for these chemicals from industries such as pharmaceutical, food & beverage, textiles, and automotive is expected to drive the growth of the market

Ref: www.fortunebusinessinsights.com

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