Netherland Sustainable Chemicals Market Overview
Netherlands sustainable chemicals market size was valued at USD 12.11 Mn in 2023. The sustainable chemicals industry is projected to grow from USD 16.35 Mn in 2024 to USD 20.0 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.33% during the forecast period (2024 - 2032).The expanding concerns over the rapid depletion of oil and gas reserves, increasing consumer awareness, and rising preference for sustainable & environmentally friendly products are the main market drivers anticipated to propel the Netherlands sustainable chemicals market.
Source: Primary Research, MRFR Database, Secondary Research, and Analyst Review
Sustainable Chemicals Market Trends
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Rising concerns over fossil fuel depletion are driving the market growth.
The Netherlands sustainable chemicals market CAGR is expanding as green chemicals are produced utilizing animal or plant waste, which is why they are environment-friendly and non-toxic, leading to the expansion of the green chemicals market. In addition, unlike fossil fuels, they do not threaten the environment by releasing harmful particulate matter or sulfur dioxide. These raw materials for bio-based chemicals are also generous in nature, unlike fossil fuels, which have restricted availability. Therefore, with the rising circumstances regarding the rapid shortage of oil and gas resources, the adoption of green chemicals is anticipated to increase over the projected period.
Moreover, the Netherlands government has also played a major role in driving the sustainable chemicals market. Government initiatives, such as subsidies for green technologies and circular economy practices, propel the sector forward. As industries increasingly prioritize eco-friendly solutions, the Dutch sustainable chemicals market continues to expand, fostering innovation and contributing to a more environmentally responsible industrial landscape, boosting sustainable chemicals market revenue.
Sustainable Chemicals Market Segment Insights
Sustainable Chemicals Product Insights
The Netherlands sustainable chemicals market segmentation, based on product, includes bio-alcohols, bio-organic acids, bio-solvents, bio-polymers, and others. The bio-alcohol segment dominated the market mostly due to growing problems and awareness about climate modification, pollution, and depletion of fossil fuels, which have fueled the search for renewable and sustainable alternatives. Bio-alcohols, such as ethanol, and less commonly propanol and butanol, are considered greener alternatives to fossil fuel-derived chemicals as they are produced from biomass feedstocks like sugarcane, lignocellulosic materials, and corn. However, bio-solvents are the fastest-growing category due to their eco-friendly attributes and reduced environmental impact. Growing awareness and stringent regulations on conventional solvents drive the adoption of bio-based alternatives. The sustainability goals and the circular economy approach fuel the demand for bio-solvents, positioning them as essential components in the country's evolving chemical landscape.
Figure 1: Netherlands Sustainable Chemicals Market, by Product, 2022 & 2032 (USD Billion)Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Sustainable Chemicals Application Insights
The Netherlands sustainable chemicals market segmentation, based on application, includes food & beverages, agricultural, personal care, packaging, automotive, and others. Personal care held a major market share due to the increasing customer demand for sustainable and environmentally friendly products supported by regulatory measures and industry initiatives. This shift towards Green Chemicals is expected to continue as more customers become conscious of the effect of their options on the environment and their health. However, packaging is the fastest-growing category due to the shift towards eco-friendly materials, and circular economy practices fuel growth, with sustainable packaging solutions gaining prominence. Companies prioritizing recyclability and reduced carbon footprint witness increased market share, reflecting the industry's commitment to environmentally conscious practices and meeting stringent regulations.
Sustainable Chemicals Country Insights
The sustainable chemicals market is witnessing growth driven by growing awareness and concern about environmental issues in this country, including air and water pollution, climate change, and waste management. Consumers and governments increasingly seek sustainable alternatives to conventional chemicals to reduce their environmental footprint. In addition, governments across the Netherlands are implementing various policies and regulations to promote the use of Green Chemicals. These policies often include incentives and support for businesses that embrace sustainable methods, such as tax incentives, grants, and subsidies. This regulatory push encourages industries to shift towards greener alternatives.
Sustainable Chemicals Key Market Players & Competitive Insights
Leading market participants are investing heavily in research and development to enhance their product lines, which will help the sustainable chemicals market expand even more. Market participants are also undertaking different strategic activities to extend their footprint, with significant market developments including new product establishment, mergers and acquisitions, contractual agreements, and collaboration with other organizations. The sustainable chemicals industry must deliver cost-effective items to extend and stay in a more competitive and growing market climate.
Major players in the sustainable chemicals market are attempting to expand market demand by investing in research and development operations, including Cargill Inc., BASF SE, Bio-Kleen Products Inc., Balfour Beatty PLC, DuPont Industrial, Biosciences, Dryvit Systems Inc., Anderson Corporation, Palmer Industries Inc., Plycem USA Inc., Silver Line Building Products LLC, Thermafiber Inc., Huber Engineered Woods LLC, Bayer Material Science AG, Kingspan Group, USG Corporation, and Koninklijke DSM NV.
Key Companies in the Sustainable Chemicals market include
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Cargill Inc
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BASF SE
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Bio-Kleen Products Inc.
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Balfour Beatty PLC
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DuPont Industrial
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Biosciences, Dryvit Systems Inc
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Anderson Corporation
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Palmer Industries Inc.
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Plycem USA Inc.
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Silver Line Building Products LLC
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Thermafiber Inc.
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Huber Engineered Woods LLC
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Bayer Material Science AG
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Kingspan Group
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USG Corporation
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Koninklijke DSM NV
Sustainable Chemicals Industry Developments
December 2021: Nobian and Macquarie's Green Investment Group are concatenating forces to form a maximum industrial green hydrogen player, the Hydrogen Chemistry Company (HyCC). HyCC will deliver safe, dependable, and affordable green hydrogen solutions to assist in decarbonizing large industries such as aviation, steel, chemicals, and refineries.
Sustainable Chemicals Market Segmentation
Sustainable Chemicals Product Outlook
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Bio-Alcohols
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Bio-Organic Acids
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Bio-Solvents
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Bio-Polymers
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Others
Sustainable Chemicals Application Outlook
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Food & Beverages
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Agricultural
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Personal Care
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Packaging
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Automotive
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Others
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 12.11 Mn |
Market Size 2024 |
USD 16.35 Mn |
Market Size 2032 |
USD 20.0 Mn |
Compound Annual Growth Rate (CAGR) |
4.33% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Growth Factors, Revenue Forecast, Market Competitive Landscape, and Trends |
Segments Covered |
Type, Application, and Region |
Countries Covered |
Netherlands |
Key Companies Profiled |
Anderson Corporation, Palmer Industries Inc., Plycem USA Inc., Silver Line Building Products LLC, Thermafiber Inc., Huber Engineered Woods LLC, Bayer Material Science AG, Kingspan Group, USG Corporation, and Koninklijke DSM NV. |
Key Market Opportunities |
Rising concerns over fossil fuel depletion |
Key Market Dynamics |
Rising preference for sustainable & environmentally friendly products |
Netherlands Sustainable Chemicals Market Highlights:
Frequently Asked Questions (FAQ) :
The Netherlands sustainable chemicals market size was valued at USD 12.11 Mn in 2023.
The market is expected to rise at a CAGR of 4.33% during the forecast period, 2024-2032.
The pivotal players in the market are Anderson Corporation, Palmer Industries Inc., Plycem USA Inc., Silver Line Building Products LLC, Thermafiber Inc., Huber Engineered Woods LLC, Bayer Material Science AG, Kingspan Group, USG Corporation, and Koninklijke DSM NV
The bio-alcohols category dominated the market in 2023.
The personal care category had the largest share of the market.