The Bio renewable chemical is a concept of "green chemistry", which uses natural renewable source of energy to produce certain chemicals. Now a days, companies and governments around the world are emphasizing on environmentally friendly business. In addition to that, scarcity of non-renewable resources also attracts stakeholders towards bio-renewable chemical market. Increase in demand for fossil fuels leads to increase in price of fuel related products and hence, to decrease this dependency, the demand for bio renewable chemicals is increasing. For example, increase in demand for polylactic acid (PLA), bioethylene and polyhydroxyalkanoate (PHA) would depreciate the demand for fossil fuels over the long run. The global market for bio-renewable chemicals is hampered due to unavailability or scarcity of raw materials used in production of renewable chemicals. The global market for bio renewable chemicals is facing challenges in availing cost effective raw material due to its generic applications. However, governments and private organizations are granting reimbursements to promote the production of raw materials.