The nova-Institute, based in Germany, offers customized and customer-specific studies to reduce the risk of wrong decisions. It also helps to identify the best possible solution for the use of renewable carbon sources.
There is currently great interest in renewable and green chemistry, bio-based chemistry,CO2 capture and utilization and chemical recycling. Refineries and Verbund sites for high-volume chemicals are under considerable pressure, the biofuels industry is looking for new markets in chemistry and start-ups are looking for investors. The problem is that there is hardly any data available to reliably evaluate these new markets, some of which are still in the development phase. Which technologies, chemicals and materials are already available and at what stage of development? How big are the markets and the demand? What are the production costs and target prices and what premium prices can be achieved in which applications and for how long? And finally, the often most important question: What is the competition like, how many companies are investing in the same or competing markets? This is where specialized expert knowledge is required and this is where Achim Raschka, Head of the Technology & Markets department at the nova-Institut, and his team can score points. For many years, they have been focusing on the emerging niche markets of renewable carbon, which are just becoming mainstream.
Raj Chinthapalli, chemical engineer and experienced market researcher at nova, describes his method of individual customer studies:
"Of course, we have access to various databases on the subject of markets and prices, some of which contain quite astonishing details. But even more important are our ongoing market studies, in which we track hundreds of companies and their activities. To interpret all this data correctly, our networks come into play. Because only personal contact with experts from many different industries along the entire value chain enables a deep understanding of the data."
Which topics come up again and again?
Producers of ethanol from biomass orCO2-rich waste gases, together with plastics manufacturers and refineries, are increasingly interested in efficient ways of producing ethylene and existing technologies. Producers of HVO advanced biodiesel can also supply bio-naphtha with some modifications and need to find markets for this. Newly developed and specialty chemicals and polymers such as PEF also need to find their way into the markets and companies want to know how these will develop in the future. Brand owners are not only interested in direct knowledge of polymer sourcing, but also in a secure upstream supply chain for the various chemical building blocks. Manufacturers of packaging materials and consumer goods are looking for more sustainable and renewable carbon-based solutions for their products with the same or better properties. Companies with potential raw materials such as biowaste orCO2-rich waste gas streams are looking for technologies to recycle them and therefore need to be informed about available technologies, costs and potential markets.
Companies have a great need for information and analysis of this kind, as it can have an impact on technology choice, competitiveness and the environmental sustainability profile of their companies and brands.
In addition to individual customer studies, the nova-Institute also offers comprehensive market and trend reports on bio- and CO2-based building blocks and polymers, bio-naphtha and chemical recycling, which are updated regularly. With the coupon code novaSumSpec20 you will receive a 20% discount on all 21 available market reports. You can find all reports here: www.renewable-carbon.eu/publications/?search=1&publication-type=commercial-reports