The growth of the green chemicals market is mainly attributed to the scarcity of non-renewable resources, growing awareness regarding sustainable products, rising government initiatives to promote the use of green chemicals, growing environmental concerns & the rising demand for bioethanol, and the growing demand for biodiesel as an alternative fuel.
The Green Chemicals Market is expected to grow at a CAGR of 11.6% from 2022 to reach $217.18 billion by 2029.
Here are the top 10 companies operating in Green Chemicals Market :
Cargill, Incorporated (U.S.)
Founded in 1865 and headquartered in Minneapolis, U.S., Cargill, Incorporated is involved in the manufacturing and marketing of food and agricultural products and providing financial & industrial products & services worldwide. The company operates through five business segments: Food Ingredients & Bio-industrial, Animal Nutrition, Protein & Salt, Agricultural Supply Chain, and Metals & Shipping. The company offers green chemicals through its Food Ingredients & Bio-industrial segment. With manufacturing facilities in 70 countries, it sells its products in more than 125 countries worldwide.
Koninklijke DSM N.V. (Netherlands)
Founded in 1902 and headquartered in Heerlen, Netherlands, Koninklijke DSM N.V. is engaged in the innovation, manufacturing, and marketing of nutritional & pharmaceutical ingredients and chemicals for animal feed, dietary supplements, food & beverages, personal care, pharmaceutical, automotive, electrical & electronics industries. The company mainly operates through four business segments: Nutrition, Material, Innovation, and Corporate Activities. It offers nutritional products, food specialties, hydrocolloids, engineering materials, protective materials, biomedical & bio-based products, and services. The company offers green chemicals for food & beverages, biomedical, skincare, and fiber industries.
The company has a geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
BASF SE (Germany)
Founded in 1865 and headquartered in Ludwigshafen, Germany, BASF is engaged in the manufacturing and marketing of vitamins, chemicals, phytase, nutrition, and aroma ingredients. The company offers products for the chemical, automotive, pharmaceutical, nutrition & care, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries. The company operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The company offers green chemicals for applications in personal care, home care, plastics, transportation, construction, and consumer goods industries.
With its 247 production sites and subsidiaries in 90 countries, the company has a geographic presence across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Mitsubishi Chemical Holdings Corporation (Japan)
Founded in 2005 and headquartered in Tokyo, Japan, Mitsubishi Chemical provides high-performance chemicals, polymers, films, advanced moldings & composites, petrochemicals, and industrial gases. The company also offers pharmaceuticals, reagents and equipment, and APIs. Mitsubishi Chemical operates through three business segments: Performance Products, Industrial Materials, and Health Care. The company offers green chemicals through its Performance Products segment.
With 666 subsidiaries and affiliates in more than 43 countries globally, the company has its geographic presence in North America, Europe, Asia-Pacific, and Latin America.
DuPont de Nemours, Inc. (U.S.)
Founded in 1897 and headquartered in Deleware, U.S., DuPont de Nemours is engaged in developing specialty materials and solutions for electronics, transportation, building & construction, healthcare, and worker safety markets. The company operates through three reportable business segments: Electronics & Industrial, Water & Protection, and Mobility & Materials. The company provides biodiesels, bioplastics, and polyesters to engineers and designers in the transportation, electronics, renewable energy, industrial, and consumer end markets.
With its subsidiaries and distribution networks in around 60 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
A report into the projected growth of the current Green Chemicals Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2029, it’s expected to have grown at a CAGR of 11.6%, reaching over $217.18 billion.
Braskem SA (Brazil)
Founded in 2002 and headquartered in São Paulo, Brazil, Braskem is a petrochemical company that operates in the chemical and photochemical sectors. The company offers Polyethylene (PE), Polypropylene (PP), and Polyvinyl chloride (PVC) products in the green chemicals market. Furthermore, the company also provides basic chemical inputs such as propylene, ethylene, butadiene, benzene, toluene, chlorine, soda, and other solvents. The company has a total of 40 industrial plant units, of which 29 plants are in Brazil, five plants in the U.S., two plants in Germany, and four plants in Mexico. Braskem has its geographic presence in North America, Europe, Latin America, and Asia-Pacific.
Evonik Industries AG (Germany)
Founded in 2007 and headquartered in Essen, Germany, Evonik Industries manufactures specialty chemicals. The company mainly operates through five segments, namely, Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure. The company offers its products to various industries, including agriculture; automotive, transportation, & machinery; coatings, paints, & printings; construction; electronics & telecommunication; environment & utilities; food, feed, beverages; home, lifestyle, & personal care; metals, mining, oil, & gas; pharma & healthcare; plastics & rubber; pulp, paper, & packaging; and general industry.
The Nutrition and Care segment produces specialty chemicals for daily needs and animal nutrition and healthcare products for use in consumer goods. The Specialty Additives segment supplies additives and crosslinkers for coatings, mobility, infrastructure, and consumer goods applications. The Smart Materials segment supplies materials for energy-efficient systems to the automotive, paints, coatings, adhesives, construction industries, and many other sectors. The Performance Materials segment is engaged in producing precursors for polymer materials and intermediaries for the rubber, plastics, and agriculture industries.
With the 27 production plants in New Zealand, Johannesburg, Austria, Germany, France, Italy, Spain, Turkey, Russia, Canada, the U.S., Brazil, and Argentina, the company has a geographic presence in more than 100 countries across the globe.
Aemetis, Inc. (U.S.)
Founded in 2006 and headquartered in Cupertino, U.S., Aemetis is an advanced renewable fuels and biochemicals company. The company provides zero carbon intensity products, including the production of negative carbon intensity renewable natural gas and renewable fuels. The company has three industrial plants and has a geographical presence in North America and India.
SECOS Group Ltd. (Australia)
Formed in April 2015 through a merger of Cardia Bioplastics and Stellar Films Group, SECOS Group is involved in developing and manufacturing sustainable packaging materials. The company supplies compostable and biodegradable resins, packaging products, and cast films to a blue-chip customer base.
The company has a direct presence through a manufacturing plant for resins and finished products in China and a resins plant in Malaysia. SECOS has sales offices in Australia, Malaysia, China, and the U.S., with a network of leading distributors across North America, Mexico, Europe, Asia, the Middle East, Africa, and India.
Albemarle Corporation (U.S.)
Incorporated in 1993 and headquartered in Charlotte, U.S., Albemarle Corporation is engaged in producing specialty chemicals. The company offers plastics, polymers, elastomers, cleaning products, agricultural compounds, pharmaceuticals, photographic chemicals, drilling compounds, and biocides. Albemarle operates through four segments, namely, Lithium, Bromine, Catalysts, and Others. The company has its geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Authoritative Research on the Green Chemicals Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
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