7 Megatrends for the Bioeconomy

Where is the bioeconomy headed? In the annual State of the Industry briefing at the 2016 Advanced Bioeconomy Leadership Conference, the Digest presented a survey on that topic.

Here are the trends we spotted in the data.

1. Chemicals on the rise.

55 percent of those developing a bioeconomy project that will be complete before 2020 are aiming at renewable chemicals either alone or in integreation with fuels. That’s still lagging behind fuels (68%), but not by much. And, given that fuels are heavily supported by mandates and tax credits, it’s remarkable progress for green chemistry.