Title: Insights into the European market for bio-based chemicals
Publisher: Publications Office of the European Union
Publication Year: 2019
JRC N°: JRC112989
ISBN: 978-92-76-01501-7 (online),978-92-76-01500-0 (print)
ISSN: 1831-9424 (online),1018-5593 (print)
Other Identifiers: EUR 29581 EN
OP KJ-1A-29581-EN-N (online),KJ-1A-29581-EN-C (print)
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC112989
DOI: 10.2760/18942
Type: EUR - Scientific and Technical Research Reports
Abstract: Bio-based products can bring new functionalities to the market and make the EU economy more sustainable. According to this analysis, based on ten key chemical categories, the EU produces 4.7 Mt/a of bio-based chemicals which represents a bio-based share of about 3.0%, although the market is diverse and large differences can be found between product categories. Under a business-as-usual scenario, the overall bio-based share of the market is not expected to increase rapidly, with an estimated CAGR of 3.6%. Hurdles are still present in the development of the bio-based industry (e.g. production costs), but also big opportunities have been identified and new policy measures could help.
JRC Directorate:Sustainable Resources

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