Market Analysis - Environmental Chemistry 2017
Global Market Analysis of Environmental Chemistry
The global market for renewable chemicals is expected to grow from $51.7 billion in 2015 to $85.6 billion by 2020, with a compound annual growth rate (CAGR) of 10.6% for the period of 2015-2020. Renewable alcohols dominated the market with about 40.7% of total sales in 2014, but will likely decrease to 39.1% market share by 2020. Raw materials for renewable chemicals production, which ranked second at a 40.6% market share in 2014, is expected to fall to 35.5% during the forecast period (2015-2020) due to the uptake of alternative feedstock used in the production process. Bio-based organic acids, ketones and aldehydes accounted for the third-biggest market share in 2014, at 8.1%, including some well-known and used chemicals. Market share for this segment should increase to 13.9% by the end year.
Top Five Countries of Market analysis Reports:
China is the largest and fastest growing emerging market for environmental technologies. The overall environmental technologies market in China (including goods and services) is valued at USD 60.7 billion (2016). China ranks first overall on the 2015 Top Markets Study (TMS) with a Composite Environmental Technologies Score of 100. China also ranks first across all three media categories, with scores of 47.4, 44.9, and 7.7 for the air pollution control, water, and waste and recycling markets. Despite China’s commitments under the Paris Climate Agreement to increase the share of non-fossil fuels in primary energy consumption to 20 percent by 2030
Unprecedented investment in environmental infrastructure has catapulted Mexico to the number two rank in the Environmental Technologies Top Market Study. U.S. environmental technologies exporter benefit from close commercial ties with Mexico, but lagging Mexican technical capacity in the environmental sector could moderate the implementation of sophisticated projects and attendant opportunities for U.S. business. Environmental Stringency Survey, which ranks environmental regimes on a scale from 1 to 7. Mexico scored a 4.0 in 2012.
The overall Mexican municipal water and wastewater market is expected to grow 7 percent annually between 2013 and 2018. The construction sector in Mexico specifically is projected to grow at a quick pace, potentially overtaking Brazil in the Latin American construction market by 2030.
Mounting and persistent pollution problems will lead to steady growth in India’s fragmented environmental technologies market. The overall environmental technologies market in India, including goods and services, is valued at USD 16.3 billion (2016). Determined Contribution (NDC) commitment under the December 2015 Paris Climate Agreement to reduce the emissions intensity of its economy by 33 to 35 percent as compared with 2005 by 2030, emitting facilities will require emissions control technology. The government’s “Make in India” initiative aims to increase India’s manufacturing as a percentage of GDP to 25 percent by 2022
Brazilian environmental technologies market, including goods and services, is valued at U.S. USD 29.6 billion, 97 making Brazil the largest single market for environmental technologies in Latin America. Brazil ranks fourth, with a score of 3.64, for waste and recycling; fifth for air pollution control markets, with a score of 15.3; and sixth for water, with a score of 10.5. , the Ministry of Cities reports that the average annual investment in sanitation is around USD 4.5 billion, which is a USD 2.5 billion shortfall from the USD 7 billion the Government of Brazil (GOB) estimates is necessary annually to meet the government’s goal of universal access to sanitation services by 2030.
South Korea has worked to integrate green growth into its overall industrial development strategy. As a result, the market is making great strides in the implementation of advanced water treatment systems, air pollution control measures, and waste treatment and recycling. With an overall market valued at USD 20.6 billion. There is a robust market for sludge management that has emerged as result of legal changes prohibiting landfill disposal and limiting the volume of sludge discharged into the ocean. Korea discharges an estimated 2.5 million tons of sewage sludge per year, 72 percent of which is discharged into the ocean. The government plans to increase the ratio up to 53 percent by 2017. Energy Information Agency, coal fired power plants currently make up about 28 percent of South Korea’s total generation capacity. Per the country’s proposed new electricity plan, the share of coal capacity will increase to 32.2 percent by 2029
From an industry perspective, environmental technologies are defined as all industrial goods and services that:
1. Foster environmental protection and physical resource efficiency in industrial settings;
2. Generate compliance with environmental regulations
3. Prevent or mitigate pollution
4. Manage or reduce waste streams
5. Remediate contaminated sites
6. Design, develop and operate environmental infrastructure
7. Afford the provision and delivery of environmental resources
Society of Environmental Toxicology and Chemistry (SETAC)
· TCNJ’s Student Chemists Association
· Lombardy Green Chemistry Association
· A Sustainable Global Society
· Chemistry Society of Peru
· Environmental Geology
Major Environmental Chemistry societies in Italy
· Association of Chemistry and the Environment (ACE)