Global Bio-Ketones Market Analysis, Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Bio-Ketones Market - Segmented by Product Type, End-User Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global bio-ketones market is expected to witness a CAGR of around 15% during the forecast period, majorly driven by increasing demand of bio-ketones from the cosmetics and personal care industry.

Acetone is widely used as a solvent and denaturant in the cosmetics and personal care industry. Bio acetone is used a renewable alternative to petroleum-based acetone. The global personal care industry is valued at USD 350 billion in 2017 and is estimated to grow at 5% per year. But the natural and sustainable cosmetics industry is expected to grow at 15% per year. Both customers and manufacturers are focusing on eco-friendly bio-based active ingredients, which is expected to drive the demand of bio-ketones in the coming years.

The bio PEEK product type is estimated to account for the largest market share in the global bio-ketones market. PEEK is highly used in the automotive industry as a replacement of metals as it helps in the reduction of automobile, which, in turn, leads to further fuel efficiency. Features, such as increase in performance and weight minimization of in-engine components this coupled with the growth in the automotive industry has made bio PEEK market take a substantial lead in the bio-ketones market.

Asia-Pacific was a leading consumer of bio-ketones in 2017, followed by North America and Europe. The bio-ketones market in China is likely to grow at a high rate during the forecast period, owing to the huge demand from the pharmaceutical industry in China.

Companies Mentioned

  • Fitz Chem LLC
  • Solvay Speciality Polymers
  • Sigma-Aldrich Co. LLC
  • LanzaTech
  • Genomatica
  • Eastman Chemicals
  • Nutra Green Biotechnology Co.,Ltd.
  • Bio Brands LLC
  • Green Biologics
  • Celtic Renewables
  • Caldic B.V.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

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Related Topics: Solvents

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Solvents