Life Science Company and Industry News Briefs

Green Chemistry Expected to Become $100B Industry by 2020

Posted by Jennifer Nieuwkerk on Fri, Jun 21, 2013

A recent Pike study predicts rapid growth for the green chemistry industry. What was a $2.8 billion industry in 2011 is expected to become a $100 billion industry by 2020. The report looked into three major segments of the market: “waste minimization in conventional synthetic chemical processes, green replacements for conventional chemical products, and the use of renewable feedstocks to produce chemicals and materials with smaller environmental footprints than those produced by current processes.” 

One of the recent trends in the green chemistry industry is the tendency to think about the chemical process in terms of price, safety, chemical yield, energy use and ease of manufacturing. Green chemistry is quickly gaining popularity both in the university or research lab and in the chemical industry.

Perhaps the university best known for adopting a green chemistry curriculum is the University of Oregon. In 2011, the University of Oregon partnered with another Oregon university to research greener chemical processes. The two schools received a $20 million award, according to Sustainable Business Oregon, and researchers will work towards more environmentally friendly ways to manufacture electronics and renewable energy materials.


University of Oregon

The University of Oregon

Image courtesy of Wikimedia Commons


Lab suppliers interested in increasing scientific product sales on green products and marketing environmentally conscious life science solutions may want to take a closer look at the University of Oregon’s green lab curriculum. In 2012, the University of Oregon received over $26 million in new NIH awards. The University of Oregon website says of their research:

“Our own innovations include a liquid carbon dioxide extraction of limonene from orange peel, greener approaches to bromination of stilbene and methods for evaluating the relative greenness of the alternative reactions, and novel examples of solventless and aqueous reactions that illustrate green chemistry concepts. The liquid carbon dioxide experiment is the most widely adopted experiment in green chemistry. It has been used as a demonstration widely throughout K-20, is used as an experiment in high schools and colleges and is almost always used in green chemistry education workshops.”

If you are a biotechnology vendor interested in marketing environmental life science solutions and increasing scientific product sales for green products, Biotechnology Calendar Inc. invites you to attend one of our life science marketing events at the University of Oregon. Our Eugene BioResearch Product Faire™ Front Line Event will be held on the University of Oregon campus on September 10th, 2013. Last year’s Eugene BioResearch Product Faire™ Frontline Event attracted 84 attendees, of which 11 were purchasing agents, professors and post docs, and 7 were lab managers. The visitors came from 11 different research buildings and 9 departments around campus.

Biotechnology Calendar, Inc. is a full-service life science marketing events-planning company that organizes trade shows at top research universities across the country. For detailed funding statistics on the University of Oregon, or to learn more about the Eugene BioResearch Product Faire™ Frontline Event, click on the button below. If you are interested in generating scientific product sales leads and marketing life science solutions at life science marketing events closer to home, we encourage you to view our 2013 calendar of events.


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Tags: 2013, UOr, green chemistry, University of Oregon, Oregon

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