Insights into the European market for bio-based chemicals

Jurjen Spekreijse, Tijs Lammens, Claudia Parisi (), Tevecia Ronzon () and Martijn Vis
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Claudia Parisi: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Tevecia Ronzon: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC112989, JRC Research Reports from Joint Research Centre

Abstract: Bio-based products can bring new functionalities to the market and make the EU economy more sustainable. According to this analysis, based on ten key chemical categories, the EU produces 4.7 Mt/a of bio-based chemicals which represents a bio-based share of about 3.0%, although the market is diverse and large differences can be found between product categories. Under a business-as-usual scenario, the overall bio-based share of the market is not expected to increase rapidly, with an estimated CAGR of 3.6%. Hurdles are still present in the development of the bio-based industry (e.g. production costs), but also big opportunities have been identified and new policy measures could help.

Keywords: Bio-based chemicals; market analysis; feedstock use; polymers; platform chemicals; lubricants; solvents; surfactants; cosmetics; man-made fibres; SWOT analysis (search for similar items in EconPapers)
Date: 2019-01
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc112989

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