The JRC of the EC publishes a new report on the European market of biobased chemicals
Type of post: FLASH NEWS.
- The Joint Research Centre (JRC) has released
a Science for Policy report entitled “Insights into the European market of
bio-based chemicals. Analysis based on ten key product categories”.
- Highlights: The EU produces 4.7 Mt/a of biobased
chemicals which represents a bio-based share of about 3.0%; Under a
business-as-usual scenario, the overall bio-based share of the market is not
expected to increase rapidly, with an estimated Compound Annual Growth Rate (CAGR)
of 3.6%; Hurdles are still present in the development of the bio-based industry
but also big opportunities have been identified and new policy measures could
help.
Link to the report: Spekreijse, J., Lammens,
T., Parisi, C., Ronzon, T., Vis, M., Insights
into the European market of bio-based chemicals. Analysis based on ten key
product categories, EUR 29581 EN, Publications Office of the European Union,
Luxembourg, 2019, ISBN 978-92-79-98420-4, doi:10.2760/549564, JRC112989.
Figure 1. Cover of the report
