The global soy-based chemicals market is driven by worldwide concern over environmental consequence and consumer preference towards industrial ecology, eco efficiency and demand for green chemicals. The urgency to develop noble bio-degradable product and renewable source of energy from algae and soy is also influenced by fluctuations in price of crude oil, combined with ... Read more
With the growing use of bio-based sources in various industries, the soy-based chemicals market is expected to show a considerable growth during the forecast period. Soy-based chemicals are used in various application such as paper, cosmetics & personal care, food & beverages, plastics & polymers, biodiesel, and others. The growing awareness about the harmful emissions from the use of fossil fuels has shifted to ... Read more
The Global Soy-Based Chemicals Market is estimated to reach $22.8 Billion by 2024; growing at a CAGR of 7.9% from 2016 to 2024.Soy based chemicals are substitutes to conventional chemicals those derived from crude oil or petroleum. Soy oil holds immense ability in the derivation of chemicals such as waxes, polyols, and isoflavones. The application of soy based chemicals has become very noteworthy ... Read more
With the growing use of bio-based sources in various industries, the soy-based chemicals market is expected to show a considerable growth during the forecast period. Soy-based chemicals are used in various application such as paper, cosmetics & personal care, food & beverages, plastics & polymers, biodiesel, and others. The growing awareness about the harmful emissions from the use of fossil fuels has shifted to biobased products, which, ... Read more