According to a recent market study published by Growth Market Reports, titled, "Global Green Chemicals Market by types, by applications, and by regions: Size, Share, Trends and Opportunity Analysis, 2020-2027", the market was valued at USD 92.0 Billion in 2020 and is expected to grow at a rate of 9.5% by 2027. The market is projected to grow at a rapid pace, due to increasing standards and regulations in sectors such as automotive, aerospace, and pharmaceuticals, rising concerns about the environment, and support for government initiatives.

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The global green chemicals market has been segmented into types, applications, and regions. On the basis of types, the market is segmented into bio-surfactants, bio-alcohols, bio-organic acids, biopolymers, platform chemicals, and others. In terms of application, the market is divided into construction, healthcare, pharmaceuticals, packaging, food & beverages, paints & coatings, automotive, agriculture, and other applications. On the basis of regions, the green chemicals market is segmented as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

Rising adoption of green cities and green construction of buildings for residential, industrial, and commercial housing across the globe is expected to expand the market during the forecast period. Biopolymer modification based on green chemistry principles yields a wide range of products for use in home and personal care goods, industrial cleaning products, water treatment, and food ingredients. This helps reduce waste during construction, create energy-efficient, water-saving homes, and promote the use of sustainable materials. Use of green chemicals in cleaning products is increasing, as consumers look for natural cleaning products for facilities, businesses, and offices, while reducing their environmental footprint. This factor helps consumers to shift towards green cleaning products.

In automotive industries, green chemical formulations have the ability to prevent microbiological growth in fuel blends. Furthermore, these preservative blends avoid the use of chlorinated and Sulphur-containing additives, increasing the environmental credentials and performance in comparison with other strategies for additives. Green Chemicals is highly used in the automotive industry, as it helps to increase in performance of engines, weight minimization of engine components, and growth in the automotive industry are boosting the bio segment.

In agriculture, green chemicals are used for soil fumigation that combines high efficiency with improved environmental performance for the protection of fruit and vegetable crops. Green chemicals are used to protect vegetable and fruit crops. They are especially effective against nematode parasites and weeds. To protect themselves from parasites and competing organisms, plants and their related microbes develop a variety of chemical deterrents. Green chemicals used in natural products, in their isolated form or after chemical modification, meet equivalent human needs (insect deterrents in medicine and agriculture).

As per Growth Market Reports industry analyst Divyanka Sankhe “Demand for green chemicals decreased during the pandemic, due to closure of manufacturing units during the lockdown. Bioplastics and biopolymers are used in various industries such as packaging, consumer goods, automotive & transportation, textiles and agriculture & horticulture. The Covid-19 pandemic affected the functioning of companies in the consumer goods sector. This, in turn, impeded the growth of the market”

Key Takeaways from the Study

  • The bio alcohol segment is expected to hold a considerable share of the market during the forecast period, owing to use of automotive fuels as additives or individually in engines.
  • The packaging segment is projected to account for the largest share of the bioplastics & biopolymers market during the forecast period.
  • The automotive segment is expected to constitute a significant market share, due to growing number of automotive manufacturing units globally during the forecast period.
  • The market in Asia Pacific is projected to expand at a significant CAGR, due to increasing concerns about the environment in the region during the forecast period.
  • Europe holds a substantial share of the market during the forecast period, owing to high growth of value chains of bio-based feedstock and manufacture of green chemicals such as bio ketone. Decreasing natural resources, rising crude oil prices, and tight government regulations are the key drivers of demand in this area.

Report Scope

Report Metric


Market Value in 2019

USD 92.0 Million

Market Growth Rate (from 2020 to 2027)


Historical Data

2017 & 2018

Base Year


Forecast Period

2020 – 2027

Market Segments

Types, Applications, and Regions.

Region Scope

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Companies Profiled

Arkema, InKemia Green Chemicals, Inc., BASF SE, BiologiQ, Inc., Danimer Scientific, Plantic,
Eastman Chemical Company, Global Green Chemicals Public Company Limited, Conagen, Inc., and Cardia Bioplastic.


Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Demand Side: Healthcare Industry, Pharmaceutical Company, Automotive, Packaging Industry, and others.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies. Associations and Industry Bodies: Environmental Protection Agency, and others.