DUBLIN--(BUSINESS WIRE)--The new research portal is an invaluable resource for anyone seeking company research on LyondellBasell and their activities within the plastics, chemicals and refining markets, providing comprehensive research on their market position, competitor activity and their future outlook within these markets.
One such report available on the portal, Global Bio-based Platform Chemicals Market report, is forecast to grow at a CAGR of 10.88% during the period 2017-2021. One trend in market is increase in R&D activities. Growing R&D expenditure is a major trend that is being witnessed in the global bio-based platform chemicals market in recent years. There has been a significant increase in R&D activities to increase the application areas of bio-based platform chemicals in various industries, such as biofuels and resins, by many major vendors in recent years. Globally, major bio-based platform chemicals players have increased their R&D spending to reduce the manufacturing cost of bio-based platform chemicals.
Furthermore, the manufacturers have been heavily emphasizing on new product innovations and developments to maintain a competitive edge and gain shares in the market. In 2016, an International Bioeconomy Forum (IBF) aimed at improving the orientation of research in Europe and foster multilateral cooperation was formed. This forum helps in providing an informal multilateral network for countries that are engaged in the development of a bio-based economy
“The portal provides visitors with unparalleled access to company research on LyondellBasell, enabling them to track the company’s performance and impact on the various markets in which it is currently engaged,” says Ross Glover, CEO of Research and Markets.
For more information visit http://www.researchandmarkets.com/companies/lyondellbasell-industries-holdings-bv?cid=ftkzbh
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