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Renewable Chemicals And Bioproducts: A Potential For Agricultural Diversification And Economic Development, Henry Brockman

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Renewable chemicals are a new category of novel products: building blocks and ingredients for the production of chemicals produced from renewable feedstock and sustainable advanced manufacturing processes, leaving a smaller environmental footprint than traditional petrochemicals. Biologically based products are mainly non-food products derived from biomass.

Renewable chemicals represent a market opportunity predicted to grow from US$2.8 billion in 2011 to US$98.5 billion by 2020, driven by consumers demanding safer and more environmentally friendly products and the creation of a market advantage by using novel products in the manufacturing process. Renewable chemicals are a sustainable diversification option for rangeland irrigation precincts, …