#sugarcane market forecast

[pravalika]

Sugarcane Market - Forecast (2023 - 2028)

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Sugarcane is one of the most important commercial crop and it is the most valuable crop as it is the basic raw material for the manufacture of sugar, ethanol and jaggery. Sugarcane is also regarded as one of the most efficient source of biomass for bio-fuel. The sugarcane products also come with some by-products that are used as fodder to feed livestock in many countries. Sugarcane cultivation was started in Indian Subcontinent which was exported to other countries. But, today sugarcane is cultivated in most of the countries with warm climates. Geographically, Brazil, India, Thailand and China have dominated the Sugarcane Market, with an approximately major production of sugarcane is done in this country. Asia Pacific is projected to have the fastest growth, as India is the leading producer of Sugarcane. Growing consumption and changing lifestyle of the people globally is expected to remain some of the key growth drivers during the period of study. This report identifies the Global Sugarcane market size in for the year 2017-2028 and forecast of the same for year 2028. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Sugarcane market.

This report segments Sugarcane market on the basis of type, product type, end-user and geography market as follows:

On the basis of type this report on Sugarcane market is segmented as follows, covering all major type of the sugarcane as follows: Crystallized Sugar and Non-Crystallized Sugar

On the basis of product type this report on Sugarcane market is segmented as follows: Raw, Refined, and Brown and others.

On the basis of end-user this report on Sugarcane market is segmented as follows: Sweetener, Bakery Products, Confectionery, Beverages and others

This report on sugarcane market has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), South east asia and Rest of the World (RoW) covering all the major country level markets in each of the region

Sample companies profiled in this report are:

Cosan Ltd. (CZZ) (Brazil)

British Sugar Plc. (U.K)

Suedzucker AG (Germany)

[cmipooja]

Global Ethanol Derivatives Market Is Estimated To Witness High Growth Owing To Increasing Demand For Biofuels

The global ethanol derivatives market is estimated to be valued at US$ 10.2 billion in 2022 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Ethanol derivatives are organic compounds derived from ethanol, which is primarily produced through the fermentation of sugar or starch obtained from various feedstocks such as corn, wheat, sugarcane, and others. These derivatives find wide applications in various industries such as pharmaceuticals, personal care, agriculture, automotive, and others. The key advantage of ethanol derivatives is their eco-friendly nature and the ability to reduce greenhouse gas emissions. With the increasing focus on reducing dependence on fossil fuels and decreasing carbon footprints, the demand for biofuels, including ethanol derivatives, has witnessed significant growth. Market Key Trends: One key trend driving the global ethanol derivatives market is the increasing demand for biofuels. Biofuels, including ethanol, are considered a viable alternative to fossil fuels due to their lower greenhouse gas emissions and renewable nature. Governments across the world are implementing policies and regulations to promote the use of biofuels in order to achieve their climate change goals. For instance, the Renewable Fuel Standard (RFS) in the United States mandates the blending of biofuels, including ethanol, with gasoline. This has led to a surge in demand for ethanol and its derivatives in the country. PEST Analysis: - Political: Governments worldwide are promoting the use of biofuels to reduce greenhouse gas emissions and achieve energy security. This is driving the demand for ethanol derivatives. - Economic: The increasing focus on reducing dependence on fossil fuels and transitioning towards renewable energy sources is creating lucrative opportunities for the ethanol derivatives market. - Social: The growing awareness about the environmental impact of fossil fuels and the need to reduce carbon footprints is driving the demand for biofuels, including ethanol derivatives. - Technological: Advancements in production technologies have made the manufacturing of ethanol derivatives more efficient and cost-effective, further driving market growth. Key Takeaways: - The Global Ethanol Derivatives Market Size is expected to witness high growth, exhibiting a CAGR of 5.5% over the forecast period, due to increasing demand for biofuels. - North America is projected to be the fastest-growing and dominating region in the ethanol derivatives market. This can be attributed to the strict regulations promoting the use of biofuels and the presence of key market players in the region. - Key players operating in the global ethanol derivatives market include Archer Daniels Midland Company, Green Plains Inc., POET LLC, Valero Energy Corporation, Cargill, Incorporated, Pacific Ethanol Inc., Flint Hills Resources, The Andersons, Inc., Greenfield Global, and LyondellBasell Industries N.V.

[allthebrazilianpolitics]

Conab sees record sugarcane, sugar output in Brazil in 2023/24

Brazil's sugarcane production is expected to reach an all-time high 677.6 million metric tons in 2023/24, government agency Conab said on Wednesday, up 10.9% from the previous year and above an August estimate of 652.9 million tons.

The higher crop, driven by favorable weather and increasing yields, will lead sugar production in the world's largest sugar exporter up 27.4% on a yearly basis to a record 46.88 million tons, Conab said in a report.

"With a favorable market scenario for the sweetener, most of the sugarcane crop is expected to be allocated to sugar production," said the agency, whose previous forecast for output stood at 40.89 million tons.

Continue reading.

[latestmarketresearchreportsblog]

Biofuel Market forecasted growth: Expected increase from USD 158.9 billion in 2023 to over USD 234.4 billion by the year of 2030

Biofuel Market: Growth, Trends, and Future Outlook

The Biofuel Market is witnessing significant growth as the world shifts towards sustainable and renewable energy sources. The market was valued at USD 158.9 billion in 2023 and is projected to surpass USD 234.4 billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. Increasing environmental awareness, rising energy demand, and supportive government policies are driving the expansion of this market. In this comprehensive analysis, we will explore the dynamics of the biofuel market, its key drivers, types of biofuels, challenges, and future trends.

What is Biofuel?

Biofuel is a type of renewable energy derived from biological materials such as plants, algae, and animal waste. Unlike fossil fuels, which take millions of years to form, biofuels can be produced in a relatively short time and have a lower carbon footprint. They are considered a cleaner alternative to conventional petroleum-based fuels and play a vital role in reducing greenhouse gas emissions.

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Types of Biofuels

Biofuels are classified into three main categories based on their source and production process:

1. First-Generation Biofuels

These are produced directly from food crops like corn, sugarcane, and soybeans. The most common types include:

Bioethanol: Made from fermenting sugars in crops like corn and sugarcane, bioethanol is used as a gasoline additive to increase octane levels and reduce emissions.

Biodiesel: Derived from vegetable oils, animal fats, and recycled grease, biodiesel is used in diesel engines as a cleaner alternative to traditional diesel.

2. Second-Generation Biofuels

Second-generation biofuels are produced from non-food biomass such as agricultural waste, wood, and grasses. These biofuels are designed to overcome the limitations of first-generation biofuels by using non-edible feedstock.

Cellulosic Ethanol: Made from cellulose, hemicellulose, and lignin found in plant cell walls, this ethanol type is considered more sustainable as it utilizes non-food sources.

Biomass-to-Liquid (BTL) Fuels: These synthetic fuels are produced from the gasification of biomass, offering higher energy content and lower carbon emissions.

3. Third-Generation Biofuels

These are produced from algae and other microorganisms, which have a high yield of biofuels and do not compete with food crops for land.

Algal Biofuel: Algae can produce large amounts of oil that can be refined into biodiesel, bioethanol, and other fuels. This type of biofuel is still under research but shows great potential for future scalability.

Key Market Drivers

Several factors are propelling the growth of the biofuel market:

1. Growing Demand for Sustainable Energy

As concerns about climate change intensify, there is an increasing demand for renewable and sustainable energy sources. Biofuels, with their lower carbon emissions, are a key part of the solution to reduce dependency on fossil fuels.

2. Government Policies and Incentives

Governments worldwide are implementing policies and incentives to promote the use of biofuels. Mandates like the Renewable Fuel Standard (RFS) in the U.S. and the Renewable Energy Directive (RED) in the European Union are driving the adoption of biofuels in transportation.

3. Rising Crude Oil Prices

Fluctuating crude oil prices have led to increased interest in alternative fuels. Biofuels provide a more stable and predictable pricing environment, helping countries reduce their reliance on imported oil.

4. Advancements in Biofuel Production Technologies

Technological advancements, such as improved fermentation processes and genetic engineering, are enhancing the efficiency of biofuel production. These innovations are making biofuels more competitive with traditional fossil fuels.

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Applications of Biofuels

Biofuels are used across various sectors due to their versatility and environmental benefits:

1. Transportation

The transportation sector is the largest consumer of biofuels, with bioethanol and biodiesel being blended with gasoline and diesel to reduce carbon emissions. Many countries have set blending mandates to increase the percentage of biofuels in fuel.

2. Aviation

The aviation industry is exploring sustainable aviation fuels (SAFs) made from biofuels as part of its efforts to reduce carbon emissions. Airlines are increasingly testing biofuel blends in commercial flights.

3. Power Generation

Biofuels can be used in power plants to generate electricity, providing a renewable alternative to coal and natural gas. Biomass can be converted into biogas, which is used to produce electricity and heat.

4. Marine Industry

Biofuels are also gaining traction in the marine industry, where they are used to reduce the carbon footprint of ships. Marine biodiesel is seen as a promising alternative to heavy fuel oil used in ships.

Challenges in the Biofuel Market

Despite its promising growth, the biofuel market faces several challenges:

1. Food vs. Fuel Debate

The production of first-generation biofuels from food crops has raised concerns about the competition between food and fuel. Critics argue that using food crops for fuel could lead to higher food prices and food shortages.

2. High Production Costs

The production of biofuels, especially second and third-generation types, is currently more expensive than traditional fossil fuels. The high cost of feedstock and advanced processing technologies contributes to the overall expense.

3. Limited Infrastructure

The lack of widespread infrastructure for biofuel distribution and refueling is a barrier to market growth. Investments in supply chains and refueling stations are needed to increase biofuel accessibility.

4. Regulatory and Policy Uncertainty

While government policies have supported biofuel development, changes in regulations or a lack of long-term policy commitment can create uncertainty for investors and hinder market growth.

Future Trends in the Biofuel Market

The biofuel market is poised for significant transformation with emerging trends that promise to reshape the industry:

1. Expansion of Advanced Biofuels

Advanced biofuels, such as cellulosic ethanol and algal biofuels, are expected to gain traction as research progresses and production costs decline. These fuels offer higher sustainability and lower greenhouse gas emissions.

2. Integration with Circular Economy

The integration of biofuels into a circular economy, where waste is converted into energy, is becoming more prevalent. Using agricultural and industrial waste as feedstock reduces environmental impact and promotes sustainability.

3. Rise of Biofuel Blending Mandates

Countries are expected to implement stricter biofuel blending mandates to meet their climate goals. This will drive the demand for biofuels, particularly in the transportation sector.

4. Investment in Biofuel Infrastructure

Governments and private companies are investing heavily in biofuel production facilities, distribution networks, and research and development, which will help scale up the industry.

FAQs

1. What are the main types of biofuels? The main types of biofuels include bioethanol, biodiesel, cellulosic ethanol, and algal biofuel, classified as first, second, and third-generation biofuels.

2. Why is the biofuel market growing? The market is growing due to increasing demand for sustainable energy, supportive government policies, rising crude oil prices, and technological advancements in biofuel production.

3. What challenges does the biofuel industry face? Key challenges include the food vs. fuel debate, high production costs, limited infrastructure, and regulatory uncertainties.

4. How are biofuels used in the aviation industry? Biofuels are used in the aviation industry as sustainable aviation fuels (SAFs), which help reduce carbon emissions from flights.

5. What are future trends in the biofuel market? Future trends include the expansion of advanced biofuels, integration with the circular economy, stricter blending mandates, and increased investment in infrastructure.

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[trendingrepots]

 Polymers Market - Forecast, 2024-2030

Global Polymers Market 

Global Polymers Market size is forecast to reach around $ 997.77 billion by 2030, after growing at a CAGR of 5.4% during 2024-2030. Polymer is one of the widely used chemical products in almost all the sectors such a medical, aerospace, packaging, automotive, construction, electrical appliances, and medical sector, and consequently, the global polymers market is thriving. Polymers are used widely as a substitute of metal and mineral based products due to its high performance, cost-effectiveness, and low weight. Increase in the retail sector and prospering e-commerce industry is demanding for more packaging material that is influencing the significance of the polymers market. The major factors driving the growth of this market are the increasing demand for polymers in various end-use industries, the rising adoption of lightweight and sustainable materials, the technological innovations, and the supportive government policies and initiatives. However, some of the challenges faced by this market are the fluctuations in the raw material prices, the environmental concerns, the competition from alternative materials, and the trade barriers. Furthermore, growing demand for polymer in the electronic industry for the manufacturing of different electrical parts such as switches and sockets are driving the Polymers Market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Polymers Market – Forecast (2024-2030)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Polymers Market.

By Type: Polypropylene, Polyethylene (HDPE, LDPE, LLDPE, and Others), Polyvinyl Chloride, Polystyrene (Expanded Polystyrene (EPS) and Extruded Polystyrene (XPS)), Polyurethane (Flexible Polyurethane Foam, Rigid Polyurethane Foam, Thermoplastic polyurethane (TPU), and Others), and Others.

By Process: Injection Moulding, Extrusion, and Others.

By End-Use Industry: Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa) 

Key Takeaways

In the Latin America region, Brazil is the major market for the Polymer owing to a rise in the purchasing power of consumers, growing consumer packaged goods market, and rise in corn, wheat, and sugarcane production and consumption across the country owing to the Bio-based plastic and polymers are gaining prominent growth. 

The polymers are observed to be the better substitutes than glass, and metals that is leveraging the polymers market. The increasing demand for specialty polymers are fuelling the growth of the polymers market.

Progression in 3D printing is improving the growth aspects of polymers and plastic manufacturing. The changing preference of consumers from metal 3D printing to plastic material 3D printing is leading to substantial growth in the polymers market.

Fluctuation in international oil prices tend to force companies to search for an alternative stable source of the raw material for packaging, which further provides lucrative opportunities for the growth of Polymer industry.

Evolution of the natural and environment-friendly polymers in the packaging sector for food packaging, cosmetics packaging and pharmaceutical packaging is driving the growth.

Comparatively lower awareness about the biodegradable polymer in emerging nations like India, Thailand, South Africa and Qatar are hampering the market growth.

[credenceresearchdotblog]

The Bio-based Polyethylene Terephthalate (Bio-PET) Market is expected to grow significantly, with an estimated market size of USD 946.98 million in 2024, projected to reach USD 2,584.19 million by 2032, exhibiting a robust CAGR of 13.37% during the forecast period.The bio-based polyethylene terephthalate (Bio-PET) market is a rapidly growing segment within the broader bioplastics industry. As global concerns around sustainability and environmental impact escalate, industries are shifting focus toward eco-friendly solutions that reduce reliance on fossil fuels. Bio-PET, a biodegradable and renewable alternative to conventional PET, has emerged as a viable solution, offering a pathway to achieving environmental goals without compromising on performance or durability. Here’s an in-depth look into the Bio-PET market, covering its current status, drivers, challenges, applications, and future prospects.

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Understanding Bio-based Polyethylene Terephthalate (Bio-PET)

Bio-PET is a thermoplastic polyester resin derived primarily from renewable biological sources, such as sugarcane and corn, rather than fossil fuels. Like conventional PET, Bio-PET offers high strength, good thermal stability, and chemical resistance, making it suitable for a variety of applications. However, what sets Bio-PET apart is its lower environmental impact, as it can reduce carbon emissions and dependence on non-renewable resources throughout its lifecycle.

Market Dynamics Driving Bio-PET Adoption

1. Rising Environmental Awareness and Legislation Governments worldwide are imposing stricter regulations on conventional plastics due to their environmental impact. As a result, industries are increasingly adopting bioplastics, such as Bio-PET, that offer eco-friendly alternatives without compromising on functionality. Europe, for instance, has been a key player in encouraging sustainable solutions through regulations that incentivize the use of biodegradable materials.

2. Corporate Sustainability Initiatives Many corporations, especially within the consumer goods and packaging sectors, are pursuing ambitious sustainability goals that align with consumer demand for eco-friendly products. Bio-PET aligns with these objectives, enabling brands to demonstrate commitment to reducing their carbon footprint. Major companies such as Coca-Cola, PepsiCo, and Nestlé have already adopted Bio-PET for their packaging, with goals to further increase its usage.

3. Technological Advancements and Cost Competitiveness Advances in biotechnology and material science have made Bio-PET production more cost-effective and scalable. Improvements in enzyme engineering, fermentation, and polymerization processes have contributed to increased yield and reduced costs. As these technologies mature, the price gap between Bio-PET and traditional PET narrows, making Bio-PET more attractive to manufacturers.

4. Growing Consumer Demand for Sustainable Products Today’s consumers are more environmentally conscious than ever, and their purchasing decisions often reflect their values. Eco-conscious consumers prefer products with biodegradable or recyclable packaging. This shift in consumer preferences is pushing companies to innovate and adopt Bio-PET, especially in the food and beverage, personal care, and pharmaceutical industries.

Key Challenges in the Bio-PET Market

1. High Production Costs Despite recent advancements, Bio-PET is still more expensive to produce than conventional PET due to its reliance on renewable feedstocks. This cost premium has limited its adoption to larger corporations that can afford the investment, while small and medium-sized enterprises may struggle to switch to Bio-PET.

2. Competition from Other Bioplastics Bio-PET faces competition from other bioplastics, such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA), which offer similar environmental benefits. While each bioplastic has distinct properties and applications, companies often weigh these alternatives based on cost, availability, and functional requirements, potentially limiting Bio-PET's market share.

3. Limited Feedstock Availability The bio-based nature of Bio-PET means its production is dependent on agricultural resources like corn and sugarcane. Seasonal variations, price volatility, and competition with food crops can impact the availability and pricing of these raw materials. This dependency on agricultural products also raises concerns about the environmental impact of expanded bio-crop farming.

Applications of Bio-PET

1. Packaging Packaging, particularly in the food and beverage industry, is the primary application for Bio-PET. Brands use Bio-PET bottles for carbonated beverages, water, and personal care products due to its durability and recyclability. By adopting Bio-PET, companies can create lightweight, shatter-resistant packaging that aligns with their sustainability commitments.

2. Textiles Bio-PET fibers are also gaining popularity in the textile industry, especially for manufacturing clothing, carpets, and upholstery. These bio-based fibers provide the same durability and resilience as traditional PET fibers but with a reduced carbon footprint.

3. Automotive and Electronics As automakers look for sustainable materials, Bio-PET has found applications in automotive interiors, where it is used in seat covers, trims, and carpets. Similarly, in electronics, Bio-PET is used for casings and connectors due to its heat resistance and durability.

Future Prospects and Market Growth

The Bio-PET market is projected to expand significantly in the coming years. The rising emphasis on sustainability and environmental accountability, along with ongoing R&D investments, will likely make Bio-PET an increasingly viable alternative to conventional PET. With governments and corporations aligned on sustainability, Bio-PET’s role in the circular economy could be transformative.

Key Player Analysis:

The Coca-Cola Company

Toray Industries, Inc.

M&G Chemicals

Teijin Limited

Anellotech, Inc.

Toyota Tsusho Corporation

Indorama Ventures Public Company Limited

Plastipak Holdings, Inc.

Braskem S.A.

Danone S.A.

Segmentations:

By Application:

Bottles

Bags

3D Printing

Foils and Fibers

Carpets

Others

By End-use Industry:

Packaging

Food and Beverages Products

Pharmaceutical Products

Cosmetics Products

Automotive

Sheets

Foams

Fabrics

Textile

Others

By Geography

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Contact:

Credence Research

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Email: sales@credenceresearch.com

Website: www.credenceresearch.com 

[energyandpowertrends]

Bioenergy Market: Role in Achieving Global Decarbonization Targets

The Bioenergy Market size was valued at USD 124.32 billion in 2023 and is expected to grow to USD 228.41 billion by 2031 and grow at a CAGR of 7.9 % over the forecast period of 2024–2031.

The global bioenergy market is expected to experience significant growth from 2024 to 2031, fueled by the growing demand for renewable energy solutions, government policies promoting sustainability, and innovations in bioenergy technologies. Bioenergy, which includes solid biomass, liquid biofuels, biogas, and other bio-based energy sources, is emerging as a key component in the transition to cleaner and more sustainable energy systems. The market is experiencing growth across various applications, including power generation, heating, and transportation, driven by the need to reduce reliance on fossil fuels and lower greenhouse gas emissions.

Market Segmentation

By Product Type

Solid Biomass:

Solid biomass, derived from plant-based materials like wood chips, agricultural residues, and dedicated energy crops, is one of the most commonly used forms of bioenergy. It is primarily used in power generation and heating applications, replacing conventional fossil fuels in boilers, furnaces, and power plants.

Liquid Biofuel:

This category includes bioethanol, biodiesel, and advanced biofuels produced from feedstocks such as corn, sugarcane, and vegetable oils. Liquid biofuels are widely used in transportation as an alternative to gasoline and diesel, offering a cleaner energy source for vehicles.

Biogas:

Biogas is produced from the anaerobic digestion of organic materials such as agricultural waste, food waste, and sewage sludge. It is primarily used in power generation and heating applications and is gaining traction as a clean energy source for decentralized energy systems.

Others:

This segment includes emerging forms of bioenergy such as algae-based biofuels, which have a higher energy yield than traditional feedstocks, and other advanced bioenergy sources. These products are expected to gain importance in the coming years due to their potential to meet diverse energy needs.

By Feedstock

Agricultural Waste:

Agricultural residues like straw, rice husks, and corn stover are abundant feedstocks used for bioenergy production. These materials are often considered waste, but they are increasingly utilized to generate power, heat, and biofuels, offering both environmental and economic benefits.

Wood Waste:

Wood waste, including sawdust, wood chips, and bark, is one of the primary feedstocks for solid biomass production. It is widely used in both residential and industrial heating systems and power plants, especially in regions with abundant forestry resources.

Solid Waste:

Municipal solid waste, industrial waste, and food waste are gaining attention as feedstocks for biogas production. The conversion of waste to energy not only helps reduce landfill accumulation but also offers a sustainable solution for waste management.

Others:

Other feedstocks include algae, food scraps, and sewage sludge. These feedstocks are part of emerging trends in bioenergy, offering higher efficiency in energy production and lower carbon emissions.

By Application

Power Generation:

Bioenergy is increasingly used for renewable power generation, both on a small scale (e.g., biomass-fired power plants) and large scale (e.g., biogas-based electricity generation). Solid biomass and biogas are the primary sources for power generation, as they can provide continuous and reliable electricity with lower emissions compared to conventional fossil fuels.

Heat Generation:

Bioenergy is also widely used in heating applications for both residential and industrial purposes. Solid biomass, such as wood pellets and chips, is used in boilers and furnaces, while biogas is utilized in combined heat and power (CHP) systems.

Transportation:

Liquid biofuels, particularly bioethanol and biodiesel, are commonly used in the transportation sector as alternatives to conventional gasoline and diesel fuels. These biofuels help reduce carbon emissions and contribute to energy security by decreasing reliance on petroleum-based fuels.

Others:

Bioenergy also finds applications in various industries such as chemicals, food and beverage, and hydrogenation processes, where bio-based feedstocks are used to produce bio-based chemicals, fuels, and other products.

By Region

North America:

The United States and Canada are significant players in the global bioenergy market. North America has established biofuel industries, particularly in the U.S., where bioethanol production is a major contributor to the market. The region also benefits from a large agricultural base and advanced technologies for bioenergy production.

Europe:

Europe remains one of the largest markets for bioenergy, driven by the European Union’s ambitious renewable energy goals and policy support. Countries like Germany, Sweden, and the UK are at the forefront of bioenergy adoption, particularly in biogas, biofuels, and biomass power generation.

Asia Pacific:

The Asia Pacific region is expected to experience the fastest growth in the bioenergy market, particularly in countries like China, India, and Japan. These countries have vast agricultural resources and are increasingly focusing on renewable energy projects to address rising energy demand and environmental concerns.

Latin America:

Latin America, with countries like Brazil and Argentina, has significant bioenergy potential. Brazil is a global leader in bioethanol production, especially from sugarcane, and other Latin American countries are expanding their bioenergy capabilities in power generation and biofuel production.

Middle East & Africa (MEA):

The MEA region is gradually adopting bioenergy, particularly in areas like waste-to-energy projects and biofuels. Countries in the region are focusing on diversifying their energy mix and investing in renewable energy solutions, including bioenergy.

Key Drivers of Market Growth

Government Support and Regulations: Policies promoting renewable energy adoption, including subsidies for biofuels, tax incentives for bioenergy projects, and stricter emissions regulations, are driving the growth of the bioenergy market.

Technological Advancements: Continuous innovations in bioenergy technologies are improving the efficiency and scalability of bioenergy systems. The development of advanced biofuels and biogas upgrading technologies is enabling the industry to meet growing energy demands.

Sustainability and Carbon Reduction Goals: The increasing global focus on sustainability and reducing greenhouse gas emissions is accelerating the transition to bioenergy, which is considered a cleaner and more sustainable energy source compared to fossil fuels.

Energy Security and Independence: As countries seek to reduce their reliance on imported fossil fuels, bioenergy offers a reliable and indigenous energy source that can contribute to national energy security.

Market Outlook and Forecast

The global bioenergy market is expected to grow significantly over the forecast period (2024–2031). The market is anticipated to benefit from technological advancements, regulatory support, and increasing demand for clean and sustainable energy solutions. By product type, solid biomass and liquid biofuels are expected to continue dominating the market, while biogas production and advanced biofuels are projected to gain share in the coming years.

Read Complete Report Details of Bioenergy Market 2024–2031@ https://www.snsinsider.com/reports/bioenergy-market-3330

Conclusion

Bioenergy is a key component of the global energy transition, offering sustainable solutions for power generation, heat production, and transportation. The market’s expansion will be driven by innovations in technology, increasing government support, and the global push towards reducing carbon emissions. As bioenergy becomes a more significant part of the renewable energy mix, it is poised to play a crucial role in shaping the future of global energy systems.

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Glycolic Acid Market Forecast and Analysis Report (2023-2032)

Glycolic acid, an alpha-hydroxy acid (AHA), is extensively utilized in the skin care and cosmetic sectors as a chemical exfoliant. In 2023, the global glycolic acid market was valued at USD 307.94 million and is projected to expand at a compound annual growth rate (CAGR) of 9.08% from 2023 to 2032, anticipating a valuation of over USD 676.01 million by 2032.

Glycolic acid, a popular alpha hydroxy acid (AHA), is widely used in skincare for its ability to gently exfoliate and rejuvenate the skin. Derived primarily from sugarcane, glycolic acid has a small molecular size, which allows it to penetrate the skin deeply and effectively. This action helps to remove dead skin cells, improve texture, and promote cellular turnover, resulting in a smoother, brighter complexion. Glycolic acid is often found in products like chemical peels, cleansers, serums, and creams targeting acne, hyperpigmentation, fine lines, and uneven skin tone. In higher concentrations, it’s used by dermatologists and skincare professionals in clinical peels to address more significant skin issues. Regular use of glycolic acid can improve skin hydration and collagen production, making it a versatile and beneficial ingredient in both cosmetic and therapeutic skincare formulations. However, it should be used with caution, as it can increase sun sensitivity, necessitating the use of sunscreen to protect newly exfoliated skin.

The glycolic acid market is driven by several key factors that reflect its versatility and growing demand across various industries. Key drivers include:

Rising Demand in Skincare and Cosmetics: The popularity of glycolic acid in skincare products, due to its effective exfoliating and anti-aging properties, drives significant demand. It is a key ingredient in products addressing acne, hyperpigmentation, and skin texture, appealing to a wide consumer base.

Growth in Anti-Aging Products: With a rising awareness and demand for anti-aging solutions, glycolic acid has become a preferred ingredient due to its ability to reduce fine lines, improve skin elasticity, and promote collagen production, fueling demand across cosmetic markets.

Increased Adoption of Chemical Peels: Professional and at-home chemical peels containing glycolic acid are becoming more popular, as they offer a non-invasive option for rejuvenating the skin and treating issues like acne scars and sun damage.

Expanding Use in Dermatology and Therapeutics: Glycolic acid’s therapeutic properties make it valuable in dermatological treatments, where it is used in higher concentrations for treating more severe skin concerns under professional supervision, broadening its applications.

Growing Consumer Awareness of Skincare Ingredients: As consumers become more educated about skincare ingredients, glycolic acid is increasingly recognized for its efficacy and backed by scientific research, leading to a rise in consumer demand.

Application in Haircare Products: Glycolic acid’s moisturizing and scalp-exfoliating properties have led to its incorporation in haircare products, offering solutions for scalp health, dandruff reduction, and hair strength, thus expanding its market presence.

Industrial and Cleaning Applications: Beyond cosmetics, glycolic acid is used as a cleaning agent in industrial applications due to its biodegradability and efficacy in removing rust, scale, and mineral deposits. Its eco-friendly profile drives demand in industries seeking greener solutions.

Increasing Popularity of Chemical Exfoliation Over Physical Exfoliation: With the shift away from abrasive physical exfoliants, glycolic acid’s chemical exfoliation benefits are more appealing, offering a gentler, controlled exfoliation that suits a range of skin types.

Rise in E-commerce and Online Skincare Education: The growth of e-commerce platforms and increased access to skincare education online have made glycolic acid products more accessible and popular among a digitally engaged audience.

Innovation in Product Formulations: Manufacturers are continually developing advanced formulations with glycolic acid, such as time-released or buffered versions, which reduce irritation and make the ingredient suitable for sensitive skin, expanding its market reach.

Access Complete Report - https://www.credenceresearch.com/report/glycolic-acid-market

Competitive Landscape

DuPont

CrossChem Limited

Parchem fine and specialty chemicals

Phibro Animal Health Corporation

Chemsolv, Inc.

Griffin International

Mehul Dye Chem Industries

The Chemours Company

Vytrus Biotech

Zhonglan Industry Co., Ltd.

Water Chemical Co., Ltd.

Hefei TNJ Chemical Industry Co., Ltd.

Sarex Chemicals

Shandong Xinhua Pharmaceutical Company

Chemsafe Sdn. Bhd.

Aurora Fine Chemicals, LLC

The glycolic acid market exhibits distinct regional dynamics influenced by varying consumer preferences, regulatory standards, and industrial applications. Key regional insights include:

North America: North America, particularly the United States, holds a significant share of the glycolic acid market due to high consumer demand for skincare and anti-aging products. The strong presence of major cosmetic brands and increasing consumer awareness of chemical exfoliants fuel demand in the region. Additionally, industrial uses of glycolic acid in cleaning and rust removal contribute to market growth. Regulatory compliance and high-quality standards shape product formulations and manufacturing practices.

Europe: Europe is a prominent market, driven by a strong demand for anti-aging and skincare products in countries like Germany, France, and the U.K. Consumers in Europe increasingly prefer natural and eco-friendly ingredients, positioning glycolic acid as an attractive option. The region’s stringent regulatory framework requires compliance with high safety and environmental standards, driving demand for sustainable production practices. Additionally, the cosmetic and pharmaceutical industries in Europe benefit from a well-established research and development infrastructure, supporting innovative product formulations with glycolic acid.

Asia-Pacific: The Asia-Pacific region is experiencing rapid growth in glycolic acid demand, fueled by the expanding beauty and personal care industries in countries like China, Japan, South Korea, and India. Rising disposable income, growing interest in skincare routines, and a preference for products that enhance skin brightness and clarity boost demand. South Korea and Japan, in particular, have high adoption rates of skincare products containing AHAs, including glycolic acid. Additionally, increasing demand for eco-friendly and sustainable products in the region supports the use of glycolic acid in industrial and cleaning applications.

Latin America: In Latin America, the glycolic acid market is growing moderately, with rising consumer interest in skincare and anti-aging products, particularly in Brazil and Mexico. However, economic constraints and limited awareness of specific skincare ingredients may limit demand compared to other regions. Nevertheless, an increasing focus on personal care and beauty trends is expected to drive growth, and glycolic acid is becoming more popular as consumers become more aware of its benefits in skincare formulations.

Middle East and Africa (MEA): The MEA region is an emerging market with gradual growth in the glycolic acid segment. Growing disposable incomes, urbanization, and interest in personal care are creating demand for skincare and cosmetic products in Gulf countries like the UAE and Saudi Arabia. However, the market faces challenges such as limited consumer awareness and a reliance on imported products. In Africa, the market is still in its early stages but shows potential, particularly in urban centers where demand for personal care products is rising.

Segmentation

By Type

Liquid Form

Powder/Crystal Form

By Application

Personal Care

Household

Industrial

Others

Browse the full report –  https://www.credenceresearch.com/report/glycolic-acid-market

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[harshnews]

Crop Development and Farming Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis

"Global Crop Development and Farming Market – Industry Trends and Forecast to 2029

Global Crop Development and Farming Market, By Type (Tobacco Farming, Sugar beet Farming, Sugarcane Farming, Cotton Farming, Other Miscellaneous Crop Farming), Application (Food and Beverages, Fodder), Farming Process (Organic Farming, Traditional Farming), – Industry Trends and Forecast to 2029.

Access Full 350 Pages PDF Report @

**Segments**

- **Crop Type** - Cereals - Fruits - Vegetables - Oilseeds - Flowers - Others

- **Farming Type** - Conventional Farming - Organic Farming - Precision Farming - Indoor Farming - Vertical Farming - Others

- **Regional Analysis** - North America - Europe - Asia-Pacific - Latin America - Middle East and Africa

Crop development and farming form a crucial part of the global economy, providing essential food and raw materials for various industries worldwide. The segmentation of the market into different categories helps in understanding the dynamics and trends within the industry. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others. Each crop type has its unique cultivation requirements and market demand, making it vital for farmers and businesses to strategize accordingly. Additionally, farming type segmentation encompasses conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others. This segmentation reflects the evolving methods and technologies being adopted in the agricultural sector to enhance productivity and sustainability. Moreover, regional analysis plays a significant role in assessing market trends and opportunities across different geographies, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- Monsanto Company - Syngenta - Bayer CropScience - BASF SE - DowDuPont - Archer Daniels Midland Company - Cargill - Yara International - Bunge Limited - Agrium

The crop development and farming market comprise a diverse range of players contributing to the growth and innovation of the industry. Companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are key players in the market known for their extensive research and development activities in crop protection and biotechnology. Additionally,The crop development and farming market is a dynamic and evolving industry, driven by the constant need to meet the growing demand for food and raw materials globally. The market players play a vital role in shaping the landscape of this industry, with companies like Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont leading the way in innovation and research. These key players have established themselves as industry giants known for their cutting-edge technologies and sustainable agricultural practices. Through investments in research and development, these companies continue to introduce new crop varieties, pest control solutions, and agronomic practices that enhance crop yields and quality.

Monsanto Company, a renowned multinational agricultural company, has built a strong presence in the market with its focus on biotechnology and genetically modified seeds. By developing innovative traits that provide resistance to pests and diseases, Monsanto has revolutionized crop production practices worldwide. Syngenta, another major player in the industry, specializes in crop protection products and seeds. With a diverse range of offerings, Syngenta caters to the needs of farmers across different regions and crop types. Bayer CropScience, a subsidiary of Bayer AG, is known for its comprehensive portfolio of crop protection products, seeds, and traits. The company's commitment to sustainable agriculture and digital farming solutions sets it apart in the market.

BASF SE, a global leader in the chemicals industry, has a significant presence in the agricultural sector through its crop protection solutions and biotechnology research. By focusing on innovation and sustainability, BASF continues to contribute to the development of more efficient and environmentally friendly farming practices. DowDuPont, a merger of two industry giants, has a diverse portfolio spanning crop protection, seeds, and digital agriculture. The company's cutting-edge technologies and commitment to sustainability position it as a key player in the market.

Apart from the major multinational corporations, companies like Archer Daniels Midland Company, Cargill, Yara International, Bunge Limited, and Agrium also play crucial roles in the crop**Segments**

Global Crop Development and Farming Market, by Type: - Tobacco Farming - Sugar beet Farming - Sugarcane Farming - Cotton Farming - Other Miscellaneous Crop Farming

Application: - Food and Beverages - Fodder

Farming Process: - Organic Farming - Traditional Farming

The global crop development and farming market is witnessing significant growth and innovation driven by technological advancements, shifting consumer preferences, and the increasing need for sustainable agricultural practices. The industry is segmented based on crop type, farming type, and regional analysis to provide insights into the diverse dynamics of the market. Crop type segmentation includes cereals, fruits, vegetables, oilseeds, flowers, and others, each with specific cultivation requirements and market demands. The farming type segmentation covers conventional farming, organic farming, precision farming, indoor farming, vertical farming, and others, reflecting the industry's adoption of advanced technologies and practices. Regional analysis further enhances the understanding of market trends and opportunities across key geographies like North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

**Market Players**

The market players in the crop development and farming industry play a critical role in driving innovation, research, and development to meet the increasing global demand for food and raw materials. Key companies such as Monsanto Company, Syngenta, Bayer CropScience, BASF SE, and DowDuPont are at the forefront of the industry, known for their advanced technologies and

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Crop Development and Farming Market Landscape

Part 04: Global Crop Development and Farming Market Sizing

Part 05: Global Crop Development and Farming Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key takeaways from the Crop Development and Farming Market report:

Detailed considerate of Crop Development and Farming Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Crop Development and Farming Market-leading players.

Crop Development and Farming Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Crop Development and Farming Market for forthcoming years.

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[neha24blog]

Harvester Market Outlook On The Basis Of Type, Automation Level, Propulsion Type, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 18 Oct 2024: The Report Harvester Market Size, Share & Trends Analysis Report By Type (Forage, Combine, Sugarcane, Potato), By Automation Level (Automatic, Manual, Semi-Automatic), By Propulsion Type (ICE, Electric), By Region, And Segment Forecasts, 2024 – 2030 The global harvester market size to reach at USD 58.41 billion by 2030 and is projected to grow at a CAGR of 7.5% from…

[industrynewsupdates]

Squalene Market Size, Key Companies, Trends, Growth and Forecast Report 2024 - 2030

The global squalene market size is expected to reach USD 307.9 million by 2030, expanding at a CAGR of 10.9% from 2024 to 2030, as per the new report by Grand View Research, Inc. The industry is majorly driven by rising health awareness among the masses and continuously rising demand for squalene in personal care and cosmetics. Squalene acts as an emollient and provides nourishment to the skin. Moreover, it finds application in pharmaceuticals due to its ability to act as an anti-cancer and anti-oxidant agent.

Squalene is now largely produced from plants. It can be obtained from vegan sources such as sugarcane, rice bran, wheat germ, palm trees, and olives, with olives being the most popular. Although many businesses prefer squalene derived from plants, there is still a possibility that it comes from animals. The demand for the product from shark liver oil is still in the market because of its low cost. In the cosmetics industry, products such as perfumes, lotions, eyeliners, and eye shadows, contain squalene in the range of 0.1% to 10%, whereas other products such as foundations and lipsticks contain 50% of the product.

The usage of synthetic and plant-based squalene has been motivated by the growing concerns over the extinction of sharks. To create squalene from plants or synthetic processing, manufacturers are engaged in research & development. A supplier of natural component products for the cosmetics market, Sophim, invested USD 11.94 million to increase its production capacity. Two-thirds of the company's investment is to be made in Spain, where a production facility is planned to be built to treble the amount of squalene that can be extracted from olive oil.

Gather more insights about the market drivers, restrains and growth of the Squalene Market

Detailed Segmentation:

Market Dynamics

The European Union has banned the use of shark oil-based products in the cosmetic industry, which has further forced manufacturers to focus on finding suitable alternatives for the product. Increasing concerns regarding the extinction of sharks have prompted use of plant-based and synthetically derived products. Its extraction has shifted towards plant-based oil that includes rice bran, amaranth olive, and others. About 65% of olive oil exports are produced, consumed, and exported by the European Union.

Source Insights

The plant segment dominated the market with a revenue share of over 82.3% in 2023. This is attributed to the declining population of sharks, increasing awareness among people regarding animal welfare and protection, and regulatory frameworks imposed by various governments for the protection of marine animals.

Plants are alternatives to sharks for extraction of the product as they can be grown and harvested sustainably. For example, the monkey Jack, or Artocarpus lakucha is an Asian plant that produces 10%-20% of its product, equivalent to its dry weight capacity. The product can also be extracted from its leaves having high purity.

End-use Insights

The personal care and cosmetics segment dominated the market with a revenue share of over 70.1% in 2023. The growth in this segment can be attributed to the usage of squalene in a variety of cosmetic products meant for skin care and hair care.

Squalene is used in a variety of cosmetic products meant for sun care, skincare, and hair care. Approximately 70-80% of the total product produced globally is consumed by the cosmetics industry. Multinational cosmetic companies such as L’Oréal, Unilever, and St. Botanica have already started to shift from shark liver oil-based to plant-based products for use in their personal care products and cosmetics owing to its exceptional properties, along with less extinction risk posed by them to sharks.

Regional Insights

Europe dominated the market with a revenue share of over 32.8% in 2023, followed by Asia Pacific region. This is attributed to large-scale production of olive oil, which is a major plant-based source of product, and increased demand for the product from major economies such as Germany, France, UK, Italy, and Spain, in the region.

As of 2023, Europe accounted for a significant share of olive oil production. Italy, France, and Spain are a few among nine producing member countries in the region. Spain accounts for more than half of the total area under olive groves in Europe. Squalene manufacturers in this region are switching to production of plant-based squalene from shark-based ones.

Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.

• The global specialty ingredients market size was valued at USD 142.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030. 

• The global carotenoids market size was valued at USD 1.48 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030. 

Key Companies & Market Share Insights

The market is fragmented and competitive with presence of several players. Major players are clustered in European and North American regions, whereas several small players are clustered in Asia Pacific, mainly in India, China, and Japan, as the region offers easy access to shark liver oil and olive oil, which are essential raw materials for production of the product.

Partnership strategies have been adopted by the leading players in the market to enhance the reach of their products by leveraging the networks of acquired players and geographic availability. For instance, in May 2023 Amyris announced its partnership with Croda International Plc. in order to supply pharmaceutical-grade squalene in adjuvants to boost the immune response.

Key Squalene Companies:

• Amyris, Inc.

• Sophim SAS

• Henry Lamotte Oils GmbH

• efpbiotek

• Vestan Limited

• Kuraray Co., Ltd.

• Croda International Plc

• AASHA BIOCHEM

• Arbee

• Oleicfat, s.l.

• Kishimoto Special Liver Oil Co., Ltd.

Squalene Market Segmentation

Grand View Research has segmented the global squalene market report based on source, end-use, and region:

Squalene Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Animal

o Shark Liver Oil

o Other Animals

• Plants

o Amaranth Oil

o Olive Oil

o Rice Bran Oil Plants

o Other Amaranth Oil

o Synthetic

Squalene End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Pharmaceuticals

• Personal Care & Cosmetics

• Nutraceuticals

• Food & Beverages

• Others

Squalene Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o France

o UK

o Italy

o Spain

o Russia

o Benelux

• Asia Pacific

o China

o India

o Japan

o South Korea

o Vietnam

o Thailand

o Indonesia

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o Saudi Arabia

o South Africa

Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.

[allthebrazilianpolitics]

Brazil's sugar output revised down to 43 mln tons, says USDA

Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) post in Brasilia:

"In 2024, Brazil recorded extreme weather events including the intensification of heat waves in several regions. Although the impacts of the fire outbreaks in the sugarcane production are difficult to estimate, the losses caused directly by the fires should not affect Brazil's total sugar production in the marketing year 2024/25. Post maintains the forecast for Brazil's 2024/25 sugarcane crush at 645 million metric tons, revising down the sugarcane production in the centre-south due to adverse climate conditions to 590 million tons, a decrease of 1.7%."

"Post is revising up the forecast for the Northeast production to reflect updated data and the increase in productivity caused by good weather conditions from 44 million tons to 55 million tons. Post revises down the production of sugar in Brazil for 2024/25 from 44 to 43 million tons, due to the worsening of the quality of the sugarcane."

Continue reading.

[chemanalystdata]

Diethyl Carbonate Prices | Pricing | Trend | News | Database | Chart | Forecast

Diethyl carbonate (DEC) is a versatile organic compound used across various industries, primarily as a solvent, chemical intermediate, and in the production of lithium-ion batteries. Over recent years, the demand for DEC has seen a significant uptick, driven largely by its role in the expanding electric vehicle (EV) market and as a greener alternative to traditional solvents. As the demand for environmentally friendly chemicals grows, so does the price volatility of diethyl carbonate. The price of DEC is influenced by several key factors, including raw material costs, supply chain disruptions, market demand, and fluctuations in production capacities. Understanding the current trends in diethyl carbonate pricing requires an analysis of these interconnected factors, as well as the global economic landscape and sector-specific dynamics.

One of the primary drivers of diethyl carbonate prices is the cost of its raw materials, particularly ethanol and carbon dioxide. Ethanol is widely used in the production of DEC, and its price is directly affected by the fluctuations in agricultural markets, especially the price of corn or sugarcane, depending on the feedstock used. As the prices of ethanol rise due to supply chain constraints, crop failures, or increased demand from other industries such as biofuels, the cost of producing diethyl carbonate also rises. Similarly, carbon dioxide, though relatively abundant, can face price increases due to capture and transportation costs, particularly when industries shift toward more sustainable methods of capturing CO2 for industrial use. Any disruptions or hikes in these input costs can directly impact the pricing of diethyl carbonate.

Get Real Time Prices for Diethyl Carbonate: https://www.chemanalyst.com/Pricing-data/diethyl-carbonate-1589

Additionally, the growing demand for diethyl carbonate in the battery industry, particularly for lithium-ion batteries, has added a new layer of complexity to price trends. As the global push toward electric vehicles intensifies, so does the demand for DEC, which is used as an electrolyte solvent in these batteries. This heightened demand has strained the supply of DEC, leading to price increases, especially when production capacities cannot keep up with the rapidly growing market. Furthermore, the global semiconductor and electronics industries, which rely on lithium-ion batteries, have also contributed to the rising demand for diethyl carbonate. With manufacturers ramping up production to meet the growing needs of EVs and electronic devices, the pressure on DEC suppliers is significant, often pushing prices higher during periods of heightened demand.

Production capacities are another critical element influencing diethyl carbonate prices. While DEC is produced in multiple regions around the world, the concentration of production facilities in specific countries, such as China, means that any disruptions in these regions can have far-reaching effects on the global supply and pricing of DEC. For instance, plant shutdowns due to environmental regulations or maintenance can create temporary shortages in the market, driving prices up as buyers compete for limited supplies. Furthermore, new investments in DEC production facilities, especially in regions outside of Asia, could help alleviate some of the price pressures by increasing overall global supply, but these developments take time to come online and impact the market.

Another factor that significantly impacts diethyl carbonate pricing is the shift towards sustainability and greener chemical production. With growing environmental regulations, especially in regions like Europe and North America, chemical producers are under increasing pressure to adopt cleaner and more sustainable manufacturing practices. While this shift is essential for reducing the environmental impact of chemical production, it often leads to higher costs due to investments in new technologies and processes. As a result, producers of diethyl carbonate may pass these costs onto buyers, leading to higher prices for the end product. Furthermore, as companies prioritize sustainability, there may be a shift toward sourcing DEC from producers with lower carbon footprints, potentially creating disparities in pricing depending on the production methods used.

The global economic environment also plays a pivotal role in shaping diethyl carbonate prices. In periods of economic growth, industries such as automotive, electronics, and pharmaceuticals—key consumers of DEC—tend to ramp up production, thereby increasing demand for chemical intermediates like DEC. Conversely, during economic downturns or periods of uncertainty, demand may weaken, leading to temporary reductions in prices. However, as the push for electric vehicles and renewable energy sources shows no signs of slowing down, the long-term outlook for DEC demand appears strong, suggesting that any price decreases in weaker economic periods could be short-lived.

In recent years, we have witnessed fluctuating diethyl carbonate prices due to the combination of these factors. The heightened focus on sustainability, the booming electric vehicle market, and disruptions in global supply chains have contributed to the ongoing price volatility. Market participants, including manufacturers, suppliers, and buyers, must remain vigilant to these shifts, as any changes in the raw materials, regulatory environment, or global economy can significantly affect pricing trends. As the world continues to evolve toward greener technologies and cleaner energy sources, the role of diethyl carbonate is expected to grow, making it a crucial compound to watch in terms of both supply and pricing in the coming years.

Get Real Time Prices for Diethyl Carbonate: https://www.chemanalyst.com/Pricing-data/diethyl-carbonate-1589

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[credenceresearchdotblog]

The Plant-Based Plastic (Green Plastic) Market is projected to grow significantly from USD 1,890 million in 2024 to USD 4,110.69 million by 2032, reflecting a CAGR of 10.20% during the forecast period. The growing awareness of environmental degradation caused by plastic waste has given rise to a global demand for alternatives that are sustainable, biodegradable, and eco-friendly. One such alternative is plant-based plastics, also known as bioplastics or "green plastics." These materials, derived from renewable sources such as corn, sugarcane, and other biomass, are being promoted as a more environmentally friendly solution to conventional petroleum-based plastics. As the world looks to mitigate the effects of plastic pollution and reduce its dependence on fossil fuels, the plant-based plastic market is witnessing rapid growth.

Browse the full report at https://www.credenceresearch.com/report/plant-based-plastic-green-plastic-market

Overview of the Plant-Based Plastic Market

Plant-based plastics are produced from natural, renewable sources and can be either biodegradable or non-biodegradable. Unlike conventional plastics, which are derived from non-renewable resources such as crude oil, bioplastics offer the advantage of being sourced from renewable materials. The main types of plant-based plastics include:

1. Polylactic Acid (PLA): Derived from fermented plant starch (usually corn), PLA is one of the most common types of bioplastics. It is used in packaging, bottles, and even 3D printing. 2. Polyhydroxyalkanoates (PHA): This is a family of biodegradable plastics produced by bacterial fermentation of sugar or lipids. PHA is used in a wide range of applications, including packaging, medical devices, and agricultural films. 3. Bio-PET (Polyethylene Terephthalate): Bio-PET is a partially plant-based plastic, commonly used in making bottles, containers, and fibers.

These bioplastics are increasingly replacing conventional plastics in industries like packaging, agriculture, automotive, and textiles. The global market for plant-based plastics is expanding at a significant pace due to increasing consumer awareness, government policies, and industry innovations.

Market Drivers

1. Environmental Concerns and Plastic Pollution:

One of the most important drivers of the plant-based plastic market is the growing concern about the environmental damage caused by traditional plastic waste. Conventional plastics take hundreds of years to decompose, leading to severe ecological and health impacts, particularly due to microplastic contamination in oceans, landfills, and even human food chains. Plant-based plastics offer a biodegradable or recyclable alternative, which reduces the burden on landfills and helps combat plastic pollution.

2. Government Policies and Regulations:

Governments worldwide are implementing strict regulations to reduce the use of single-use plastics and promote sustainable alternatives. The European Union, for instance, has passed the Single-Use Plastics Directive, which bans certain plastic products and encourages the use of bioplastics. Many countries are also implementing policies to promote the use of renewable resources and reduce carbon emissions, providing further impetus to the plant-based plastic industry.

3. Consumer Demand for Sustainable Products:

Consumers are becoming increasingly conscious of the environmental impact of the products they purchase. This shift in consumer preference towards sustainable and eco-friendly products has encouraged brands and manufacturers to adopt plant-based plastics in their packaging and products. Leading companies, such as Coca-Cola, Nestlé, and Danone, are investing in bioplastics to create more sustainable packaging solutions for their products.

4. Advancements in Technology:

Technological advancements in the production of plant-based plastics have lowered the cost and improved the performance of bioplastics. Innovations in materials science have led to the development of bioplastics with similar or superior properties to conventional plastics, such as durability, flexibility, and heat resistance. This has broadened the range of applications for plant-based plastics across various industries.

Challenges Facing the Market

Despite the significant growth potential, the plant-based plastic market faces several challenges:

1. Cost Competitiveness:

Currently, plant-based plastics are generally more expensive to produce than traditional plastics. This price disparity is primarily due to the higher cost of raw materials and production processes. However, as economies of scale increase and technologies improve, it is expected that the cost of plant-based plastics will decrease, making them more competitive.

2. Limited Infrastructure for Bioplastic Disposal:

Another challenge is the limited infrastructure for the proper disposal of biodegradable plastics. Many plant-based plastics require specific industrial composting facilities to break down effectively. In regions lacking such infrastructure, these bioplastics may not fully decompose, limiting their environmental benefits.

3. Performance Limitations:

In some applications, plant-based plastics may not yet perform as well as conventional plastics. For example, certain bioplastics may not be suitable for high-heat applications or long-term storage due to their lower thermal stability. Continued research and development are required to overcome these limitations and expand the potential uses of bioplastics.

Future Outlook

The plant-based plastic market is poised for substantial growth in the coming years. According to industry reports, the market is expected to grow at a compound annual growth rate (CAGR) of around 14% between 2022 and 2030. As consumer demand for sustainable products continues to rise and governments enforce stricter regulations on plastic waste, the adoption of plant-based plastics will likely accelerate.

Furthermore, advancements in production technologies and raw material sourcing will make bioplastics more cost-competitive and accessible. Partnerships between governments, research institutions, and private companies will be crucial in driving innovation and scaling up production capacities to meet global demand.

Key Player Analysis:

Braskem

Danimer Scientific

NatureWorks LLC

TotalEnergies Corbion

Novamont S.p.A.

BASF SE

Biome Bioplastics

Arkema S.A.

Coca-Cola Company (PlantBottle Technology)

Toray Industries, Inc.

Segmentation:

By Source Of Raw Material

Corn Starch

Sugarcane

Cassava

Others (Soy, Potato, Algae, etc.).

By Type

PLA (Polylactic Acid)

PHA (Polyhydroxyalkanoates)

Starch-Based Plastics

Other

By End-use Industry

Packaging

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North America

US

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Argentina

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Rest of Latin America

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UK

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Russia

Rest of Europe

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China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC

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Rest of Middle East

Africa

South Africa

North Africa

Central Africa

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[energyandpowertrends]

Biorefinery Market Set for Strong Growth by 2031, Driven by Technological Advancements and Growing Demand for Renewable Products

The global Biorefinery Market is expected to witness substantial growth in the coming years as industries worldwide seek sustainable alternatives to fossil fuel-based products. Biorefineries play a pivotal role in the production of renewable energy, chemicals, and materials from biomass, offering environmentally friendly solutions to meet the growing demand for cleaner energy sources and products. The market is forecast to grow significantly, reaching new heights by 2031, driven by advancements in biorefinery technologies, supportive government policies, and increasing investments in bio-based products.

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Market Overview

Biorefineries are facilities that convert biomass into a wide range of bio-based products, including bioenergy (such as biofuels and biogas), bio-based chemicals, and bio-based materials. These facilities utilize various technologies and feedstocks to create sustainable alternatives to fossil fuels and petrochemicals. As the world transitions toward more sustainable and renewable energy sources, biorefineries are emerging as a critical component in reducing greenhouse gas emissions and promoting circular economies.

In 2023, the global biorefinery market was valued at USD X billion, and it is projected to grow at a CAGR of X% from 2024 to 2031, reaching a value of USD X billion by 2031. This growth is primarily driven by increased demand for biofuels, bio-based chemicals, and materials across various industries, including energy, chemicals, and consumer goods.

Key Market Segments

By Product

Energy: The energy segment includes biofuels, such as bioethanol, biodiesel, and biogas, which are increasingly being used as cleaner alternatives to traditional fossil fuels in the transportation and power generation sectors. The demand for biofuels is growing as governments worldwide implement stricter emissions regulations and promote renewable energy adoption.

Chemicals: Bio-based chemicals, derived from renewable biomass, are gaining popularity in industries such as plastics, cosmetics, and pharmaceuticals. These chemicals offer a sustainable alternative to petrochemicals and are being used to create environmentally friendly products.

Materials: Bio-based materials, such as bioplastics and bio-based composites, are being adopted in packaging, automotive, and construction industries due to their biodegradability and lower environmental impact. The growing demand for sustainable materials is expected to drive growth in this segment.

Others: This category includes other bio-based products, such as biolubricants, biosurfactants, and biofertilizers, which are gaining traction in various sectors due to their environmental benefits.

By Type

First Generation Biorefineries: These facilities primarily use food-based feedstocks, such as corn, sugarcane, and vegetable oils, to produce biofuels and bio-based products. While these biorefineries have been widely used, concerns about food security have led to a shift toward more advanced generations.

Second Generation Biorefineries: These facilities utilize non-food-based feedstocks, such as agricultural residues, wood chips, and lignocellulosic biomass, to produce biofuels and chemicals. Second-generation biorefineries offer greater sustainability as they do not compete with food production.

Third Generation Biorefineries: These advanced biorefineries use algae and other advanced feedstocks to produce biofuels and high-value chemicals. Third-generation biorefineries are seen as the future of the biorefinery industry due to their high efficiency and minimal environmental impact.

By Technology

Industrial Biotechnology: This technology involves the use of enzymes and microorganisms to convert biomass into bio-based products. It is widely used in the production of biofuels, bio-based chemicals, and materials. Industrial biotechnology is a key driver of innovation in the biorefinery market, enabling more efficient and cost-effective processes.

Physicochemical: Physicochemical technologies involve the use of physical and chemical processes, such as hydrolysis and pyrolysis, to break down biomass and convert it into biofuels and chemicals. These processes are essential for the production of second and third-generation bio-based products.

Biochemical: Biochemical processes involve the conversion of biomass into bio-based products through fermentation and other biological methods. This technology is widely used in the production of bioethanol, biogas, and other bio-based chemicals.

Thermochemical: Thermochemical processes, such as gasification and liquefaction, are used to convert biomass into syngas, bio-oil, and other energy products. Thermochemical technologies are particularly useful for processing lignocellulosic biomass and other non-food-based feedstocks.

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By Feedstock

Starch & Sugar Crops: Traditional feedstocks such as corn, sugarcane, and wheat are used in first-generation biorefineries to produce biofuels and chemicals. Although widely used, the reliance on food-based feedstocks has raised sustainability concerns.

Energy Crops: Non-food crops, such as switchgrass, miscanthus, and jatropha, are being cultivated specifically for bioenergy production. These crops offer higher yields and are more sustainable than traditional food crops.

Organic & Agricultural Residues: Residues from agriculture, such as corn stover, rice husk, and sawdust, are used in second-generation biorefineries. These feedstocks are abundant, low-cost, and do not compete with food production, making them a sustainable option.

Multifeedstock: Some biorefineries are designed to process multiple feedstocks, providing greater flexibility and enabling the production of a wide range of bio-based products. These facilities can switch between different feedstocks based on availability and cost.

Others: This segment includes other advanced feedstocks, such as algae and municipal solid waste, which are being used in third-generation biorefineries to produce biofuels and chemicals with minimal environmental impact.

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