Market Research Blogs In Renewable Chemicals

Natural fibers have been one of the most essential needs of mankind to survive and thrive since time immemorial and it will continue to do so. Modern times has brought several changes in the way we use natural fibers and has increased our potential to use it effectively while we go on about our day-to-day lives. Cellulose fiber forms a major part in this natural fiber market and has proved important to increase the demand in the market manifolds.

Algae are grown in aquatic environments which include marine, fresh, or brackish water and they are a form of microscopic plants. Algae oil obtained from the cultivation and harvesting of algae is used as intermediate for various applications which include biofuel, food & beverage, dietary supplement, and animal feed.

The octadecanedioic acid (ODDA) market has been observing constant growth across the world owing to its extensive use in the fabrication of polyester polyols, cosmetics, powder coatings, and lubricating oils sector. The preference for organic and ecological products as a strategy to reduce reliance on petrochemical derivatives has played a substantial role in encouraging ODDA market growth.

Global algae biofuels market is anticipated to foresee a significant growth over the projected period owing to the rising demand for bio-derived fuel products. Rising GHG policies and increasing environmental concerns to regulate the usage of fossil fuels resources are expected to be the primary factor driving the demand for renewable fuel resources over the forecast period.

Rising awareness toward reducing greenhouse emissions in the manufacturing sector is expected to play a crucial role in shrinking the market for synthetic-based chemicals. As a result, manufacturing units operating in the automotive, construction, packaging, and electronics sectors are expected to promote the usage of biopolymers including bio-based PET over the forecast period.

Long chain dicarboxylic acid has properties which provide them with great flexibility and strength, and they also possess an ability to bend which reduces breakage & number of links in polymer. These properties make the long chain dicarboxylic acid useful as precursor for manufacturing of various applications including nylon & other polyamide, powder coatings, lubricants, adhesives, pharmaceuticals, and corrosion inhibitors.