세계의 그린 케미컬 시장 예측(-2032년) : 제품 유형별, 원료별, 기술별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Green Chemicals Market is accounted for $145.3 billion in 2025 and is expected to reach $309.5 billion by 2032, growing at a CAGR of 11.4% during the forecast period. Green chemicals refer to those produced using renewable feedstocks, cleaner processes, or lower-impact technologies in comparison to conventional petrochemicals. This category includes bio-based solvents, surfactants, polymers, specialty chemicals, and intermediates used in various sectors such as packaging, detergents, agriculture, and automotive. The benefits of green chemicals encompass reduced greenhouse gas emissions, lower toxicity, and decreased environmental persistence. They also support improved regulatory compliance and align more closely with customer and investor expectations for sustainable products, facilitating a gradual transition away from fossil-based inputs.

Market Dynamics:

Driver:

Corporate sustainability initiatives and carbon neutrality goals

Corporate sustainability initiatives and carbon neutrality goals are a primary engine for the green chemicals market, as manufacturers seek low-carbon feedstocks and processes to meet science-based targets and ESG expectations. Companies in packaging, automotive, construction, and consumer goods are gradually replacing petrochemical inputs with bio-based solvents, polymers, and surfactants to reduce lifecycle emissions. Moreover, pressure from investors, retailers, and brand owners is pushing suppliers to certify products under eco-labels, stimulating long-term offtake agreements and capital investment in green chemical capacity worldwide across industrial value chains.

Restraint:

Competition from low-cost fossil fuel-based alternatives

Competition from low-cost fossil fuel-based alternatives continues to restrain the green chemicals market, especially in price-sensitive applications such as bulk plastics, fuels, and commodity solvents. Conventional petrochemicals benefit from decades of optimized infrastructure, scale efficiencies, and subsidized fossil energy, which keep unit costs lower than many bio-based or renewable formulations. Additionally, fluctuating oil and gas prices can temporarily widen the cost gap, making it difficult for green products to win tenders, secure long-term contracts, and penetrate emerging markets without strong regulatory and fiscal support policies.

Opportunity:

Government incentives and funding for bio-based industries

Government incentives and funding for bio-based industries provide a powerful tailwind for green chemical adoption, particularly in regions prioritizing net-zero pathways and circular economy strategies. Grants, tax credits, and preferential procurement schemes lower project risk for biorefineries, bio-based polymer plants, and green solvent producers. Furthermore, mission-oriented programs in Europe, North America, and Asia are directing capital into pilot facilities, scale-up infrastructure, and R&D collaborations. This policy support helps close cost gaps, crowd in private investment, and accelerate commercialization of innovative green chemistries across global end-markets profitably.

Threat:

Challenges in achieving performance parity with established chemicals

Challenges in achieving performance parity with established chemicals remain a critical threat, as many green alternatives must match or exceed the durability, processability, and compatibility of petrochemical incumbents. In applications such as engineering plastics, coatings, adhesives, and high-performance surfactants, even small compromises in stability or shelf life can deter formulators. Moreover, end-users are often risk-averse, requiring extensive validation, certifications, and field trials before switching. These hurdles can slow adoption, extend sales cycles, and limit penetration into demanding industrial segments worldwide for many coming years ahead.

Covid-19 Impact:

Covid-19 had a mixed impact on the green chemicals market, initially disrupting supply chains, project timelines, and feedstock availability as lockdowns affected logistics and agricultural outputs. Many bio-based chemical producers faced plant shutdowns and weaker demand from construction, automotive, and industrial customers. At the same time, heightened awareness of resilience and sustainability encouraged policymakers and companies to re-evaluate sourcing strategies. Additionally, recovery packages in several regions have embedded green transition objectives, reinforcing long-term support for bio-based and low-carbon chemicals globally.

The bio-based polymers & plastics segment is expected to be the largest during the forecast period

The bio-based polymers & plastics segment is expected to account for the largest market share during the forecast period and is gaining scale as brand owners in packaging, automotive, and consumer goods commit to reducing fossil-derived resin usage and improving recyclability. These materials offer lower lifecycle emissions and can be engineered for comparable performance in films, rigid packaging, fibers, and specialty applications. Moreover, regulations on single-use plastics and extended producer responsibility schemes are accelerating demand for compostable and bio-attributed solutions. As production capacities expand and costs decrease, this segment consolidates its position as the market's anchor.

The microorganism/algae-based segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the microorganism/algae-based segment is predicted to witness the highest growth rate because it sits at the intersection of carbon capture, waste valorization, and advanced biotechnology. Pilot and commercial projects are exploring algae-derived oils, pigments, proteins, and specialty chemicals, creating diversified revenue streams. Moreover, collaborations between energy companies, agribusinesses, and biotech firms are de-risking scale-up. As production costs trend lower and regulatory frameworks clarify, this segment is positioned to evolve from niche to mainstream offerings.

Region with largest share:

Europe is expected to hold the largest market share during the forecast period, supported by stringent environmental regulations, ambitious Green Deal targets, and a mature chemicals manufacturing base. The region has well-established infrastructure for bio-based feedstocks, strong R&D networks, and a dense cluster of specialty chemical producers focused on high-value applications. Additionally, consumer awareness of sustainability is relatively high, reinforcing demand for certified eco-friendly products. These structural advantages enable Europe to remain a key hub for green chemical innovation globally.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR as industrializing economies expand their capacity for bio-based chemicals and renewable materials. Supportive government policies, rising environmental awareness, and large domestic markets in China, India, Japan, and Southeast Asia underpin demand. Moreover, competitive feedstock availability and investments in modern biorefineries attract both regional and multinational players. As supply chains diversify away from purely fossil-based inputs, Asia Pacific is expected to emerge as a growth engine worldwide.

Key players in the market

Some of the key players in Green Chemicals Market include BASF SE, Dow Inc., DuPont de Nemours, Inc., Cargill, Incorporated, Archer Daniels Midland Company, Evonik Industries AG, Novozymes A/S, Corbion N.V., Braskem S.A., Arkema S.A., Solvay S.A., Croda International Plc, Clariant AG, Mitsubishi Chemical Group Corporation, NatureWorks LLC, and PTT Global Chemical Public Company Limited.

Key Developments:

In September 2025, BASF delivered the first biomass-balanced 3-(dimethylamino)propyl-amine in Asia Pacific, certified under ISCC PLUS and REDcert2, reducing the product's carbon footprint via mass balance.

In October 2024, BASF and AM Green entered a memorandum of understanding to evaluate low-carbon chemicals produced with renewable energy in India, including offtake of 100,000 tons of green ammonia annually.

Product Types Covered:

• Bio-based Alcohols
• Bio-based Organic Acids
• Bio-based Ketones
• Bio-based Polymers & Plastics
• Bio-surfactants
• Bio-solvents
• Other Green Chemicals

Sources Covered:

• Plant-Based/Agricultural Feedstock
• Animal-Based
• Microorganism/Algae-Based
• Other Sources

Technologies Covered:

• Fermentation
• Biomass Conversion
• Catalysis
• Electrochemistry

Applications Covered:

• Packaging
• Building & Construction
• Automotive & Transportation
• Textiles & Apparel
• Food & Beverages
• Personal Care & Cosmetics
• Paints & Coatings
• Pharmaceuticals
• Agriculture
• Industrial & Institutional Cleaning
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Green Chemicals Market, By Product Type

• 5.1 Introduction
• 5.2 Bio-based Alcohols
• 5.3 Bio-based Organic Acids
• 5.4 Bio-based Ketones
• 5.5 Bio-based Polymers & Plastics
• 5.6 Bio-surfactants
• 5.7 Bio-solvents
• 5.8 Other Green Chemicals

6 Global Green Chemicals Market, By Source

• 6.1 Introduction
• 6.2 Plant-Based/Agricultural Feedstock
• 6.3 Animal-Based
• 6.4 Microorganism/Algae-Based
• 6.5 Other Sources

7 Global Green Chemicals Market, By Technology

• 7.1 Introduction
• 7.2 Fermentation
• 7.3 Biomass Conversion
• 7.4 Catalysis
• 7.5 Electrochemistry

8 Global Green Chemicals Market, By Application

• 8.1 Introduction
• 8.2 Packaging
• 8.3 Building & Construction
• 8.4 Automotive & Transportation
• 8.5 Textiles & Apparel
• 8.6 Food & Beverages
• 8.7 Personal Care & Cosmetics
• 8.8 Paints & Coatings
• 8.9 Pharmaceuticals
• 8.10 Agriculture
• 8.11 Industrial & Institutional Cleaning
• 8.12 Other Applications

9 Global Green Chemicals Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BASF SE
• 11.2 Dow Inc.
• 11.3 DuPont de Nemours, Inc.
• 11.4 Cargill, Incorporated
• 11.5 Archer Daniels Midland Company
• 11.6 Evonik Industries AG
• 11.7 Novozymes A/S
• 11.8 Corbion N.V.
• 11.9 Braskem S.A.
• 11.10 Arkema S.A.
• 11.11 Solvay S.A.
• 11.12 Croda International Plc
• 11.13 Clariant AG
• 11.14 Mitsubishi Chemical Group Corporation
• 11.15 NatureWorks LLC
• 11.16 PTT Global Chemical Public Company Limited