The Green and Bio Solvents Market research reports 2023-2030. A detailed study accumulated to offer the Latest insights about acute features of the Global Green and Bio Solvents market. This report provides a detailed overview of key factors in the Green and Bio Solvents Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. This report elaborates the market size, revenue, and growth of the Green and Bio Solvents industry, and breaks it down according to the type, application, and consumption area of Green and Bio Solvents. The report also conducted a PESTEL analysis of the industry to study the industry’s main influencing factors and entry barriers.
The Global Green And Bio Solvents Market Will Grow From USD 1.2 Billion In 2022 To USD 1.6 Billion By 2030, At A CAGR Of 5.6%.
Some of the key players profiled in the study are:
Archer Daniels Midland Company, BASF SE, BioAmber Inc, Huntsman Corporation, E.I. Du Pont de Nemours & Co, The Dow Chemical Company, Vertec Biosolvents Inc., Florida Chemical Company, Cargill Incorporated, Galactic, Gevo, Pinova Holdings INC, Myriant, LyondellBasell, Solvay, Akzo Nobel.
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Green And Bio Solvents Market Overview
Green solvents come from things like corn, sugar cane, lactic acid, refined glycerin, biosuccinic acid, soybean oil, etc. that are grown on farms. Solvents like acetone, ethanol, methanol, 2-propanol, ethyl acetate, isopropyl acetate, methyl ethyl ketone, 1-butanol, tert-butanol, etc. are among the least dangerous. In industries like detergents, cosmetics, paints and coatings, inks, adhesives and sealants, and pharmaceuticals, they are used as building blocks to make other goods.
Market Segmentation
Green and Bio Solvents Market by Types:
- Bio-Alcohols
- Bio-Glycols&Diols
- Lactate Esters
- D-Limonene
- Methyl Soyate
Green and Bio Solvents Market by Applications:
- Industrial & Domestic Cleaners
- Paints & Coatings
- Adhesives
- Pharmaceuticals
- Cosmetics
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Regional Insights
Over the forecast period, the green/bio-based solvents market size in Asia Pacific is projected to grow at the highest CAGR of 6.5%, making up 21% of the green/bio-based solvents market share by 2020. This is because there is more demand in Asia Pacific markets like paints and coatings, ink production, industrial, cosmetics, drugs, etc. China’s paints and coatings market is growing quickly, which is pushing market makers to make high-quality green and bio-based solvents for mixing paint ingredients. Also, manufacturers around the world see Asia-Pacific as a good market because it has low costs for workers, setting up factories, and selling goods.
Country-Level Break-Up:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Influence of the Green and Bio Solvents market report:
-Comprehensive assessment of all opportunities and risks in the Green and Bio Solvents market.
-Green and Bio Solvents market recent innovations and major events.
-Detailed study of business strategies for growth of the Green and Bio Solvents market-leading players.
-Conclusive study about the growth plot of the Green and Bio Solvents market for forthcoming years.
-In-depth understanding of Green and Bio Solvents market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Green and Bio Solvents market.
Reasons for Buying this Report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow.
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