Hexa Research
Fact-based market research , penetrating industry insights and validated forecasts to help you make better decisions for a stronger future
material sector is anticipated to witness a significant growth with a healthy CAGR of 40 % over the estimated years .
Browse Details of Report with TOC @ https :// www . hexaresearch . com / researchreport / farnesene-market
Geographically , the market is categorized as the Middle East & Africa ( MEA ), Asia -Pacific, Europe , North America , and Latin America . The European farnesene market dominated the overall market in 2015 and generated the revenue of over USD 15 million . Increased focus on utilizing sustainable products obtained from biomass along with some environment measures to control GHG emissions is said to be a key driver for the region .
The APAC region is expected to grow rapidly at a CAGR of over 28 % from 2016 to 2024 . Rising disposable expenditure capacity along with the presence of a number of large -scale manufacturing companies is also likely to boost the market growth . The Latin American region is estimated to have huge gains over the next eight years . Favorable weather conditions in Centre-South and North-East parts of the Brazil for sugarcane crop harvesting is likely to positively impact the product demand .
The major companies operating in the global farnesene market include Amyris , Inc .; Intrexon Corp .; and Chromatin , Inc . Among these , the Amyris , Inc . dominated the overall market . Chromatin Inc . and Intrexon Corp . emerged the potential commercial manufacturers .
Browse Related Category Market Reports @ https :// www . hexaresearch . com / researchcategory / renewable-energy-industry
About Us :
Contact : + 1-800-489-3075
Email : sales @ hexaresearch . com Website : http :// www . hexaresearch . com /