The global bio-based platform chemicals market was projected to attain US$ 1.7 billion in 2022. It is anticipated to rise at an 11.9% CAGR from 2022 to 2031 and by 2031, the market is likely to attain US$ 5.3 billion by 2031.
Since bio-based platform chemicals dissolve in a variety of acids and alcohols, including lactic acid, ethanol, and succinic acid, they are utilized as organic compounds...