Farnesene is a pale yellow to yellow liquid with a vegetative scent and a taste of green vegetables with a fruity aftertaste.
Global farnesene industry is concentrated highly. Currently, there are two producing companies Amyris Brasil and ADL Biopharma. Actually, the industry is dominated by Amyris. Amyris Brasi once was the subsidiary of Amyris and was sold to DSM in the year end of 2017. ADL Biopharma has offered contract manufacturing for Amyris from the year of 2018. In order to expand the business further, Amyris keeps active to seek cooperation with leading chemical and materials manufacturers globally.
Total consumption of farnesene was 12167 MT in 2018. North America was the largest consumption region. In 2018, it occupied 68.41% consumption share.
Farnesene could be applied in many fields, such as Nutraceuticals, Polymers & Adhesives, Solvents, Tires & LFR, Cosmetics and so no. Nutraceuticals is the main application field with 46.55% consumption share in 2018. As for other application, demand from Tires & LFR has great potential as there are Japanese manufacturers are promoting the business of LFR.
According to this study, over the next five years the Farnesene market will register a 12.9% CAGR in terms of revenue, the global market size will reach US$ 83 million by 2024, from US$ 45 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Farnesene business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Farnesene market by product type, application, key manufacturers and key regions and countries.
This study considers the Farnesene value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Beta Farnesene
Alpha Farnesene
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Nutraceuticals
Polymers & Adhesives
Solvents
Tires & LFR
Cosmetics
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Amyris Brasil(DSM)
ADL Biopharma
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Farnesene consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Farnesene market by identifying its various subsegments.
Focuses on the key global Farnesene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Farnesene with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Farnesene submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Farnesene . Industry analysis & Market Report on Farnesene is a syndicated market report, published as Global Farnesene Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Farnesene market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.