The market for bio-based esters is anticipated to expand at a 9% CAGR from 2024 to 2032, fueled by significant findings. Significantly, the sector is propelled by robust drivers, including a growing emphasis on bio-based products, a rising demand for sustainable alternatives, and adaptable applications in various industries. These market variables position the industry for significant expansion. Nevertheless, the market’s ...
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The global market for bio-based esters reached $1.45 billion in 2020 and is anticipated to grow at a CAGR of 9% during the forecast period of 2022 to 2030. The most prevalent types of esters are those that are generated from carboxylic acid. These esters are the result of a process that takes place in the presence of sulfuric or ...
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