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Table 2 Relevant commodity and fine chemicals made from petrochemistry, which are foreseen to be produced by economically viable fermentation process economically from lignocellulosic sugars

From: Engineering microbial pathways for production of bio-based chemicals from lignocellulosic sugars: current status and perspectives

Chemicals name

Chemical formula

Molecular mass

Degree of reduction

Application field

Market size (CAGR*) (US dollars)

Reference

Glycolic acid

C2H4O3

76

6

Dyeing and tanning agent in textile industry, flavor and preservative in food industry, skin care agent in cosmetics

280 million by 2019

CAGR 11.3%

https://www.marketsandmarkets.com/Market-Reports/glycolic-polyglycolic-acid-market-1090.html

Mono ethylene glycol

C2H6O2

62

10

Antifreeze agent, precursor of polyethylene terephthalate (PET) for plastic bottle, use in paints and resins in chemical industry,

26 billion by 2018

CAGR 5%

https://www.marketresearchfuture.com/reports/mono-ethylene–glycol-market-2709

Glyoxylic acid

C2H2O3

74

6

Cosmetic, personal care and dermatology, household, adhesive, additive for ink and painting, component in emulsion polymers

76million in 2016

CAGR 5.27%

https://www.marketresearchfuture.com/reports/glyoxylic-acid-market-3158

1,4 Butanediol

C4H10O2

90

22

Fibers, plastics, medicines, cosmfibreetics, artificial leather, pesticides, plasticizers, hardener, solvent, rust remover, etc.

7.75 Billion by 2017

CAGR 6.6%

https://www.marketsandmarkets.com/Market-Reports/1-4-butanediol-market-685.html

1,2,4 Butanetriol

C4H10O3

106

20

Building block for energetic plasticizer, polymers, for electronics materials

8,9 billion by 2025

CAGR 8.2%

https://www.grandviewresearch.com/press-release/global-1-4-butanediol-market

3,4 dihydroxybutyric acid

hydroxybutyrolactone

C4H804

120

16

Intermediates for high-value pharmaceutical compounds such as Crestor, Lipitor, Zyvox, Zetia

54 million (2003)

CAGR 5.5%

http://www.mynewsdesk.com/us/tag/3-hydroxybutyrolactone-market

Glutaric acid

C5H8O4

132

20

Building block for polyesters and polyamides like nylon, ingredient in cleaning products, painting and coating formulation

Data not found

NA

Mesaconic acid

C5H604

130

18

Precursor for pentadiene (isoprene) by thermocatalysis

Data not found

NA

  1. *CAGR: compound annual growth rate; NA: not available