Global Market for Renewable Chemicals to Reach 50.0 Billion by 2021, Growing at CAGR of 11% by 2020
Renewable resources are generally known as natural resources or environmental friendly resources. Renewable chemicals are derived using biomass as a feedstock material. Renewable chemicals can be utilized in production of formulated products, plastics and polymers. Renewable chemicals are growing in popularity among end users owing to their attributes such as eco friendly nature, abundant availability of feedstock material, etc.
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