Bio-based Chemicals Market Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Chemicals with a biological basis come from living things. These substances offer an alternative to typical petroleum-derived goods. Bioplastic, PLA, PHAs, plant oils, fatty acids, bio-lubricants, biosolvents, biosurfactants, inks and dyes, among other types of bio-based chemicals, are just a few examples. Among these, bioplastic and biofuel are given considerable attention. Bio-based chemicals assist in achieving a socially and environmentally sustainable global economy and lessen reliance on imported fossil fuels.