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Green Chemicals Market by Product and Geography

Category : Digital Marketing 1 week ago

The Green Chemicals Market is expected to reach a value of $217.18 billion by 2029, at a CAGR of 11.6% during the forecast period 2022–2029. Scarcity of non-renewable resources, growing awareness regarding sustainable products, rising government initiatives to promote the use of green chemicals, growing environmental concerns & the rising demand for bioethanol, and the growing demand for biodiesel as an alternative fuel are the key factors driving the growth of the green chemicals market. The regulations & legislation supporting the use of bioplastics and the growing focus on R&D for algae-based biofuel production provide significant growth opportunities for market players in the coming years.