In California, Global Industry Analysts has released a report on Soy Chemicals market indicating that the market will reach $13b by 2017. According to the report, biodiesel represents the largest end-user of soy chemicals, while the plastics market offers the largest potential for growth as demand for renewable plastic grows. The US may continue to remain the largest regional market, though markets in countries in Asia-Pacific and Latin America will continue to grow and potentially overtake the US.
To see the report.
More background on the story from the Digest