Bio-based Materials and Chemicals (BBMC) often suffer from a bad reputation, thought by many to be of poorer quality and/or more expensive than their petroleum-based counterparts. However, the reality is that BBMC products can actually perform better than incumbents, and coupling promising innovations with smart business execution can create real value. This report identifies several technology families and areas of application within the BBMC space that offer value and performance – including bio-based advanced materials, adhesives, coatings, lubricants, personal care and cosmetics, and packaging – and assesses the leading start-ups and strategic opportunities in each segment.
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