According to a recent Fact.MR report, the renewable chemicals market generated revenues of US$ 86.7 billion in 2021 and is projected to grow at a CAGR of 10.6% from 2022 to 2032, reaching an estimated value of US$ 262.9 billion by 2032. Between 2017 and 2021, the renewable ethanol market experienced a CAGR of 11.4%.
The COVID-19 outbreak disrupted the renewable chemicals market by affecting production and demand and causing global supply chain interruptions due to factory shutdowns,… Continue
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