Executive Summary
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Bio-Based Intermediate Chemicals 2019 Update

Bio-based intermediate chemicals with the greatest potential for adoption over the next 10 years
Kristin Marshall

Kristin Marshall

Associate Research Director, Team Captain

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Gihan Hewage

Gihan Hewage

Analyst

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Over the past five years, the bio-based industry has suffered as a result of consistently low oil prices. Despite worldwide crude oil prices projected to remain around $60/barrel and $70/barrel, price volatility in the intermediate chemicals market and demand for more environmentally friendly products is driving continued interest in bio-based or renewable alternatives.

https://www.luxresearchinc.com/wp-content/uploads/2022/07/lux-research-bio-based-intermediate-chemicals-2019-update-executive-summary.pdf
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