A Bio-based Future for the Chemicals and Materials Market

The concept of competition between natural and synthetic chemicals has a long history. Today, crude oil forms the largest feedstock material for the chemical industry in terms of volume. Currently, an enormous amount of work is being done by the chemical industry to develop both new bio-based chemicals and new bio-based routes to existing chemicals. The aim of this study is to bring together many of the most recent happenings in the market for bio-based chemicals into a more holistic and coherent analysis. It will, therefore, be most valuable to chemical companies that are in the process of formulating their own strategy for using bio-based chemicals.