Chemical Production Based on Biomass—Potential and Limits

As the raw material transition from fossil to renewable feedstock progresses, the demand for biogenic raw materials for industrial purposes will increase. This applies above all to the energy and chemical sectors. However, the capacities for biogenic energy and carbon sources to be provided by agriculture and forestry are limited. This review examines the contribution that biogenic raw materials and CO2 from biogenic sources can make to sustainable chemical production in the EU. It analyses statistical data from the EU and studies from the chemical industry. First priority needs to be given to edible biomass for the sector of nutrition. When it comes to the industrial use of biomass, sectors should be prioritised that cannot do without carbon-supplying raw materials. This is particularly the case in the field of organic chemistry. This review focuses on bio-based organic chemical products and gives an outlook on the future of chemical production in Europe based on primary, secondary, and tertiary biomass and CO2 from biogenic sources. Finally, two new indicators for economically and ecologically sustainable industrial use of biomass are proposed. Both indicators can support the determination of the sustainability status of the sustainable integration of agriculture, forestry, residual, and biowaste management in bioeconomic value networks.