India Bio-Based Chemicals Market Analysis and Growth - 2031
India Bio-Based Chemicals Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 13.88 Million |
| Market Size by 2031 | US$ 21.25 Million |
| Global CAGR (2023 - 2031) | 5.5% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Derivative Type
|
| Regions and Countries Covered | India
|
| Market leaders and key company profiles |
India Bio-Based Chemicals Market News and Recent Developments
The India bio-based chemicals market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the India bio-based chemicals market are listed below:
- Indian state-controlled refiner Bharat Petroleum (BPCL) plans to build a 400,000 t/yr polypropylene (PP) project at its Kochi refining complex in southwest India's Kerala state. The project is expected to be completed in almost 46 months and will cost approximately INR 50.44 billion (US$ 606 million). [Source: Bharat Petroleum Corporation Limited (BPCL), Press Release, December 2023]
- INEOS Launches new Bio-Attributed Ethylene Oxide, Completely Substitutes Fossil Feedstock With Renewable Biomass The Bio-attributed Ethylene Oxide delivers 100% substitution of fossil feedstock on a mass balance basis, as certified by RSB and ISCC+. The material delivers a Greenhouse Gas saving of over 100% compared to conventionally produced EO. [Source: INEOS, July 2022)
India Bio-Based Chemicals Market Report Coverage and Deliverables
The "India Bio-Based Chemicals Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- India bio-based chemicals market size and forecast at country levels for all the key market segments covered under the scope
- India bio-based chemicals market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- India bio-based chemicals market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the India bio-based chemicals market
- Detailed company profiles
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