Bio-aromatics Market - Forecast(2024 - 2030)

Report Code: CMR 0845 Report Format: PDF + Excel
Bio-Aromatics process MarketOverview:
Bio-Aromatics are produced from the biomass or wastes that are left as residues. The most common way of producing bio-aromatics is from lignin, a raw material present in the cell walls of many plants. The other ways of producing the bio-aromatics include the synthesis of sugars by Diels-Alder reaction, by synthesis of black liquors. The inadequate sources and high prices of crude oil are the reasons for producing Bio-Aromatics. Bio-Aromatics are also safe in terms of environment. 

Bio-Aromatics process MarketOutlook:
Lignin, a raw material used in the preparation of bio-aromatics changes its stability when it is subjected to a variety of transformations and therefore can be used in various types of applications depending on its stability. The applications include paints, Laminates and wood panels, adhesives, inks, glues and many more. These compounds adds fragrance to many of the consumer products. The cost for manufacturing the bio-aromatics is too less compared to the old traditional method of producing them.

Bio-Aromatics process Market Growth drivers:
The bio-aromatics finds its use in many industries like food & beverages, automotive industry. Companies expanding their production capacities is also a positive driver for the market as an indication of increasing demand for the product, especially in the rubbers and petrochemicals industry.

Bio-Aromatics process Market Challenges:
Bio-Aromatics need bio refineries to process the lignin which is derived from the various feedstock. The cost of building the refineries are expensive to build and is also a very risky business. The usage of biomass by bioenergy and biofuels has gone up which in turn increased the prices of biomass, making troublesome for the bio-aromatics producers to purchase the feedstock. 

Bio-Aromatics process Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Bio-Aromatics process Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.

Bio-Aromatics process Market Report: Industry Coverage
Resources for Bio-Aromatics process market: Heat Stabilizers in polymers, Anti-Oxidant for polymers and resins, Hardening Agent for resins, Chemical Intermediate and Others

Biochemical conversion process in the Bio-Aromatics Process market: Thermochemical conversion process, Catalytic Depolymerization, Acid catalyzed dehydration.

End-user industries in Bio-Aromatics Process market: Food & Beverages industry, Furniture industry, Pharmaceuticals industry, Chemical industry, Transport industry, Fragrance industry.

The Bio-Aromatics process Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Bio-Aromatics process Market Key Players Perspective:
Some of the Key players in this market include: Anellotech Inc, Biorizon, BASF, Zeeland refinery, Virent Inc, SAPPI Biotech Lignin and many more.

Market Research and Market Trends of Bio-Aromatics process Market
  • The market for Bio-Aromatics process are expected to progress well as Key players in the market are expanding production units and taking part in joint ventures for the production of these products. The demand for Bio-Aromatics is rising in the oil industry, transportation industry, fragrance industry and many more. This is because the raw material used in the preparation of aromatics is crude oil, which is an inadequate non-renewable source. This is a positive trend for the bio-aromatics business. 
  • A project called BIO-HArT was launched by Biorizon innovation to produce the aromatics from renewable sources. EFRO LignoValue Pilot plant has been set up in Flanders, Belgium to produce bio-aromatics from the lignin and supply to the companies.
1. Bio-Aromatics process Market - Overview
1.1. Definitions and Scope
2. Bio-Aromatics process Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Bio-Aromatics process Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Bio-Aromatics process Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Bio-Aromatics process Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Bio-Aromatics process Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Bio-Aromatics process Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
8. Bio-Aromatics process– By Resources (Market Size -$Million / $Billion)
8.1. Wood product industry wastes
8.2. Municipal solid wastes
8.3. Agriculture Residues
8.4. Dedicated energy crops
9. Bio-Aromatics process Market – By Biochemical conversion process (Market Size -$Million / $Billion)
9.1. Thermochemical
9.2. Catalytic depolymerization
9.3. Acid catalyzed dehydration
10. Bio-Aromatics process Market – By End-User Industry (Market Size -$Million / $Billion)
10.1. Food & Beverages Industry
10.2. Furniture Industry
10.3. Pharmaceuticals Industry
10.4. Chemicals Industry
10.5. Transport Industry
10.6. Fragrance Industry
11. Bio-Aromatics Process- By Geography (Market Size -$Million / $Billion)
11.1. Bio-Aromatics process Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
11.3. Bio-Aromatics process South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
11.5. Bio-Aromatics process- Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
11.7. Bio-Aromatics process – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia Hong Kong Rest of APAC
11.9. Bio-Aromatics process– Middle East Segment and Africa Segment Research
11.10. Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1. Segment type Size and Market Size Analysis 
11.10.2. Revenue and Trend Analysis
11.10.3. Application Revenue and Trends by type of Application 
11.10.4. Company Revenue and Product Analysis
11.10.5. Middle East Segment Product type and Application Market Size Israel Saudi Arabia UAE
11.10.6. Africa Segment Analysis South Africa Rest of Middle East & Africa
12. Bio-Aromatics process Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Bio-Aromatics process Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practices for companies
14. Bio-Aromatics process Market – Key Company List by Country Premium
15. Bio-Aromatics process Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. Anellotech Inc
15.3. Biorizon
15.4. BASF
15.5. Zeeland refinery
15.6. Virent Inc
15.7. SAPPI Biotech Lignin 
15.8. Company 7
15.9. Company 8
15.10. Company 9 and more
"*Financials would be provided on a best efforts basis for private companies"
16. Bio-Aromatics process Market -Appendix
16.1. Abbreviations
16.2. Sources
17. Bio-Aromatics process Market -Methodology Premium
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends