Fermentation Chemicals Market to Be Steered by Obligatory Focus on Bio-Based Solutions: TMR
Given that fermentation chemicals are ubiquitous in a variety of industries such as pharmaceuticals, rubber processing, chemicals, alcohol, F&B, and textiles, they witness a fairly steady demand from various quarters. This factor will see the global fermentation chemicals market register a consistent rate of growth through the next few years. Recent market estimates peg the growth of the fermentation chemicals market to hover around a 5.4% CAGR between 2013 and 2019.
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