Market Research Future Global Renewable Chemicals Market Size, Strategy – Industry Analysis Forecast to 2021 Chemical process industries (CPI) are keen on using renewable feedstock as a raw material for chemical production due to the abundant and inexpensive nature of such feedstock, and also owing to the volatile prices and greenhouse gas
emissions associated with conventional petroleum-derived feedstock. There is a common belief that the world’s supply of crude oil will last till about 2050. Thus, a good substitute is required to replace it. Bio feedstock such as corn and sugarcane is grown almost everywhere around the world; which makes it a potential candidate
for replacing the crude oil as feedstock for chemicals and fuel production. http://www.marketresearchfuture.com/reports/global-renewable-chemicalsmarket-forecast-to-2021 +1 (339) 368 6938 (US)
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Market Research Future Taste the market data and market information presented through more than 50 market data tables and figures spread in 147 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Renewable Chemicals Market Research Report 2016-2021“
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According to the report, the chemicals industry is witnessing a trend wherein technology innovations are making renewable sources increasingly competitive with traditional sources on the basis of both- price and performance. For instance, Denmark-based Novozymes has developed high-efficiency enzymes than can reduce the production cost of cellulosic ethanol from $1-$2 to ¢50. This development gains high significance in light of the fact that enzymes cost comprises 20%-25% of ethanol production. Access Report Details @ http://www.marketresearchfuture.com/reports/global-renewable-chemicalsmarket-forecast-to-2021
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Market Research Future Application & Major Players in this Research:
Norilsk Nickel, Sumitomo Metal Mining Co., Ltd, ERAMET, Tanaka Chemical Archer-Daniels-Midland Company, Amyris Inc, BASF, Bioamber, Biomethanol Chemie Nederland, Braskem, Cargill, DSM, E. I. DU PONT, Evonik industries.
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