TechNavio’s analysts forecast the Global Renewable Chemicals market to grow at a CAGR of 7.32 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for eco-friendly chemicals and materials. The Global Renewable Chemicals market has also been witnessing the adoption of eco-friendly bio-based chemicals and materials by major companies around the world in order to reduce greenhouse gas emissions. However, the possibility that production of renewable chemicals could trigger a global food crisis could pose a challenge to the growth of this market.TechNavio’s report, the Global Renewable Chemicals Market 2012-2016, h...
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