PUBLISHER: The Business Research Company | PRODUCT CODE: 1927189
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927189
Renewable chemicals encompass substances sourced from renewable outlets such as biomass, microorganisms, agricultural waste, feedstock, and organic waste materials. These chemicals serve as direct substitutes, boasting a reduced carbon footprint compared to conventional petroleum-based compounds.
Among the primary categories of renewable chemicals are ethanol, ketones, biopolymers, platform chemicals, and other variations. Ethanol, an alternative fuel derived from raw materials containing sugar or starch, serves as an additive to gasoline or a standalone motor fuel, exhibiting minimal adverse environmental effects. Various feedstocks like biomass, corn, sugarcane, algae, and others support its production, finding applications across automotive, medical, food and beverage, petrochemical, textile, agricultural, and other industries.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the renewable chemicals market by increasing costs of imported processing equipment, enzymes, catalysts, and specialized bioreactor components required for biomass conversion. North America and Europe are most affected due to dependence on imported fermentation technologies, while Asia-Pacific faces pricing pressure on export-oriented bio-based chemicals. These tariffs are raising capital costs and slowing scale-up of new facilities. However, they are also encouraging regional feedstock utilization, domestic biorefinery investments, and localized renewable chemical production ecosystems.
The renewable chemicals market research report is one of a series of new reports from The Business Research Company that provides renewable chemicals market statistics, including renewable chemicals industry global market size, regional shares, competitors with a renewable chemicals market share, detailed renewable chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the renewable chemicals industry. This renewable chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The renewable chemicals market size has grown rapidly in recent years. It will grow from $130.04 billion in 2025 to $147.93 billion in 2026 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to expansion of bioethanol production facilities, availability of agricultural feedstock surplus, increasing adoption of renewable inputs in chemicals, growth of fermentation-based chemical processes, early government incentives for bio-based products.
The renewable chemicals market size is expected to see rapid growth in the next few years. It will grow to $244.85 billion in 2030 at a compound annual growth rate (CAGR) of 13.4%. The growth in the forecast period can be attributed to increasing decarbonization targets across industries, rising demand for sustainable polymers, expansion of biorefineries, growing investment in synthetic biology, increasing substitution of petrochemicals with renewable chemicals. Major trends in the forecast period include increasing adoption of bio-based chemical alternatives, rising commercialization of platform chemicals, growing use of renewable feedstocks in industrial applications, expansion of biopolymer production capacities, enhanced focus on low-carbon chemical manufacturing.
The expansion of renewable feedstock sources is boosting the growth of the renewable chemicals market. Renewable feedstock sources are sustainable raw materials, typically derived from organic matter such as plants or waste, that can be replenished naturally and reduce reliance on finite fossil resources. This expansion provides environmentally responsible and economically viable solutions for producing renewable chemicals, meeting rising demand and regulatory support for sustainable alternatives. For instance, in November 2024, according to the United Kingdom Government, a UK-based government organization, 3,700 million liters equivalent (eq.) of renewable fuel were supplied, constituting 7.5% of total road and non-road mobile machinery fuel for the year in the UK. Therefore, the expansion of renewable feedstock sources is propelling the renewable chemicals market.
Major companies in the renewable chemicals market are developing products such as bio-based surfactants to meet evolving industry needs and consumer preferences. Bio-based surfactants are derived from renewable biological sources like plants and are manufactured using sustainable feedstocks to reduce the environmental impact compared to fossil-based surfactants. For instance, in September 2024, Evonik Industries AG, a Germany-based global chemical company, introduced a range of 100% bio-based biosurfactants-TEGO Wet 570 Terra and TEGO Wet 580 Terra-targeting coatings and inks. These products are entirely derived from renewable plant-based feedstocks through fermentation, are readily biodegradable, have very low volatile organic compound content, and significantly reduce environmental impact compared to conventional surfactants. The launch is supported by Evonik's first industrial-scale biosurfactant manufacturing facility, enabling commercial-scale production and advancing the adoption of sustainable renewable chemicals in industrial applications.
In April 2023, Versalis, an Italy-based chemical company, completed the acquisition of Novamont S.p.A. for an undisclosed amount. This strategic move by Versalis is geared towards accelerating its overarching goals by integrating a distinctive and complementary technological platform. The incorporation of Novamont S.p.A., an Italy-based renewable chemicals company, is expected to play a pivotal role in advancing the decarbonization efforts within Versalis' product portfolio. This strategic acquisition is aligned with the broader industry trend of fostering technological synergies to drive sustainability and innovation in the renewable chemical sector.
Major companies operating in the renewable chemicals market are Braskem,NatureWorks LLC,Cargill Incorporated,Archer Daniels Midland Company,BASF SE,DuPont,Evonik Industries AG,Mitsubishi Chemical Group,Covestro AG,TotalEnergies SE,Neste Oyj,Novamont S.p.A.,Amyris Inc.,Genomatica,Corbion NV,LanzaTech Global,Green Plains Inc.,Gevo Inc.,Clariant AG,Versalis S.p.A.
North America was the largest region in the renewable chemicals market in 2025. Europe is expected to be the fastest-growing region in the renewable chemicals market report during the forecast period. The regions covered in the renewable chemicals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the renewable chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The renewable chemicals market consists of sales of alcohols, organic acids, and biopolymers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Renewable Chemicals Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses renewable chemicals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for renewable chemicals ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The renewable chemicals market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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