Global Markets for Renewable Chemicals Manufacturing
The global renewable chemicals market is expected to grow from $51.7 billion in 2015 to $85.6 billion by 2020, with a compound annual growth rate (CAGR) of 10.6% for the period of 2015-2020.
The alcohol market will grow from roughly $20.6 billion in 2015 to $33.5 billion by 2020 with a CAGR of 10.3% for the period of 2015-2020.
The raw materials market will grow from roughly $19.9 billion in 2015 to $30.4 billion by 2020 with a CAGR of 8.8% for the period of 2015-2020.