The global greeBiBased solvents market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.1 billion in 2018. The growth of this market is driven by the increasing demand for greener solvents and growing awareness about environmental issues among consumers and manufacturers.
The global greeBiBased solvents market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into esters, alcohols, diols & glycols, solketal, isobutanol and limonene; on the basis of application it is segmented into paints & coatings (P&C), adhesives & sealants (A&S), printing ink (PI), industrial & domestic cleaners (IDC) and others; on the basis of region it includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific APAC) and Middle East & Africa MEA).
- The increasing demand for bio-based solvents is due to the growing awareness among consumers about the harmful effects of petroleum-based solvents on human health and environment.
- The growth of this market is also attributed to the rising number of companies that are investing in research & development activities related to bio-solvent production technologies such as fermentation process or enzymatic hydrolysis process which are less expensive than traditional methods like steam cracking or catalytic cracking processes used for producing petroleum based solvents.
- In addition, there has been an increase in investments by governments across Asia Pacific region into research & development activities related with bio solvent production technologies which will help boost the growth rate of this market over the forecast period (2017 - 2025). For instance, China has invested $1 billion into developing new technology for producing bio solvent from biomass sources such as corn stalks or rice straws while India has invested $500 million into developing new technology for producing bio solvent from agricultural waste products like cotton seeds or wheat straws . These investments will help reduce dependency on fossil fuels thereby reducing greenhouse gas emissions which will lead towards a cleaner environment and healthier living conditions around the world.
Industry Growth Insights published a new data on “Green-Bio-Based Solvents Market”. The research report is titled “Green-Bio-Based Solvents Market research by Types (Esters, Alcohols, diols & glycols, Solketal, Isobutanol, D-Limonene, Others), By Applications (Paints & Coatings, Adhesives & Sealants, Printing Ink, Industrial & Domestic Cleaners, Others), By Players/Companies BASF SE, Myriant Corporation, DowDuPont, Cargill Incorporated, Gevo Inc., Vertec Bio solvents Inc., Florida Chemicals, Lyondellbasell, Solvay SA, Huntsman Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Green-Bio-Based Solvents Market Research Report
By Type
Esters, Alcohols, diols & glycols, Solketal, Isobutanol, D-Limonene, Others
By Application
Paints & Coatings, Adhesives & Sealants, Printing Ink, Industrial & Domestic Cleaners, Others
By Companies
BASF SE, Myriant Corporation, DowDuPont, Cargill Incorporated, Gevo Inc., Vertec Bio solvents Inc., Florida Chemicals, Lyondellbasell, Solvay SA, Huntsman Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Green-Bio-Based Solvents Market Report Segments:
The global Green-Bio-Based Solvents market is segmented on the basis of:
Types
Esters, Alcohols, diols & glycols, Solketal, Isobutanol, D-Limonene, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paints & Coatings, Adhesives & Sealants, Printing Ink, Industrial & Domestic Cleaners, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Myriant Corporation
- DowDuPont
- Cargill Incorporated
- Gevo Inc.
- Vertec Bio solvents Inc.
- Florida Chemicals
- Lyondellbasell
- Solvay SA
- Huntsman Corporation
Highlights of The Green-Bio-Based Solvents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Esters
- Alcohols, diols & glycols
- Solketal
- Isobutanol
- D-Limonene
- Others
- By Application:
- Paints & Coatings
- Adhesives & Sealants
- Printing Ink
- Industrial & Domestic Cleaners
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Green-Bio-Based Solvents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Green-Bio-Based Solvents are solvents made from renewable resources, such as plants or water. They are often more environmentally friendly than traditional solvents and can be used in a variety of applications, including manufacturing, cleaning and packaging.
Some of the major players in the green-bio-based solvents market are BASF SE, Myriant Corporation, DowDuPont, Cargill Incorporated, Gevo Inc., Vertec Bio solvents Inc., Florida Chemicals, Lyondellbasell, Solvay SA, Huntsman Corporation.
The green-bio-based solvents market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Green-Bio-Based Solvents Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Green-Bio-Based Solvents Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Green-Bio-Based Solvents Market - Supply Chain
4.5. Global Green-Bio-Based Solvents Market Forecast
4.5.1. Green-Bio-Based Solvents Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Green-Bio-Based Solvents Market Size (000 Units) and Y-o-Y Growth
4.5.3. Green-Bio-Based Solvents Market Absolute $ Opportunity
5. Global Green-Bio-Based Solvents Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Green-Bio-Based Solvents Market Size and Volume Forecast by Type
5.3.1. Esters
5.3.2. Alcohols, diols & glycols
5.3.3. Solketal
5.3.4. Isobutanol
5.3.5. D-Limonene
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Green-Bio-Based Solvents Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Green-Bio-Based Solvents Market Size and Volume Forecast by Application
6.3.1. Paints & Coatings
6.3.2. Adhesives & Sealants
6.3.3. Printing Ink
6.3.4. Industrial & Domestic Cleaners
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Green-Bio-Based Solvents Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Green-Bio-Based Solvents Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Green-Bio-Based Solvents Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Green-Bio-Based Solvents Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Green-Bio-Based Solvents Demand Share Forecast, 2019-2026
9. North America Green-Bio-Based Solvents Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Green-Bio-Based Solvents Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Green-Bio-Based Solvents Market Size and Volume Forecast by Application
9.4.1. Paints & Coatings
9.4.2. Adhesives & Sealants
9.4.3. Printing Ink
9.4.4. Industrial & Domestic Cleaners
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Green-Bio-Based Solvents Market Size and Volume Forecast by Type
9.7.1. Esters
9.7.2. Alcohols, diols & glycols
9.7.3. Solketal
9.7.4. Isobutanol
9.7.5. D-Limonene
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Green-Bio-Based Solvents Demand Share Forecast, 2019-2026
10. Latin America Green-Bio-Based Solvents Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Green-Bio-Based Solvents Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Green-Bio-Based Solvents Market Size and Volume Forecast by Application
10.4.1. Paints & Coatings
10.4.2. Adhesives & Sealants
10.4.3. Printing Ink
10.4.4. Industrial & Domestic Cleaners
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Green-Bio-Based Solvents Market Size and Volume Forecast by Type
10.7.1. Esters
10.7.2. Alcohols, diols & glycols
10.7.3. Solketal
10.7.4. Isobutanol
10.7.5. D-Limonene
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Green-Bio-Based Solvents Demand Share Forecast, 2019-2026
11. Europe Green-Bio-Based Solvents Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Green-Bio-Based Solvents Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Green-Bio-Based Solvents Market Size and Volume Forecast by Application
11.4.1. Paints & Coatings
11.4.2. Adhesives & Sealants
11.4.3. Printing Ink
11.4.4. Industrial & Domestic Cleaners
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Green-Bio-Based Solvents Market Size and Volume Forecast by Type
11.7.1. Esters
11.7.2. Alcohols, diols & glycols
11.7.3. Solketal
11.7.4. Isobutanol
11.7.5. D-Limonene
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Green-Bio-Based Solvents Demand Share, 2019-2026
12. Asia Pacific Green-Bio-Based Solvents Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Green-Bio-Based Solvents Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Green-Bio-Based Solvents Market Size and Volume Forecast by Application
12.4.1. Paints & Coatings
12.4.2. Adhesives & Sealants
12.4.3. Printing Ink
12.4.4. Industrial & Domestic Cleaners
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Green-Bio-Based Solvents Market Size and Volume Forecast by Type
12.7.1. Esters
12.7.2. Alcohols, diols & glycols
12.7.3. Solketal
12.7.4. Isobutanol
12.7.5. D-Limonene
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Green-Bio-Based Solvents Demand Share, 2019-2026
13. Middle East & Africa Green-Bio-Based Solvents Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Green-Bio-Based Solvents Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Green-Bio-Based Solvents Market Size and Volume Forecast by Application
13.4.1. Paints & Coatings
13.4.2. Adhesives & Sealants
13.4.3. Printing Ink
13.4.4. Industrial & Domestic Cleaners
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Green-Bio-Based Solvents Market Size and Volume Forecast by Type
13.7.1. Esters
13.7.2. Alcohols, diols & glycols
13.7.3. Solketal
13.7.4. Isobutanol
13.7.5. D-Limonene
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Green-Bio-Based Solvents Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Green-Bio-Based Solvents Market: Market Share Analysis
14.2. Green-Bio-Based Solvents Distributors and Customers
14.3. Green-Bio-Based Solvents Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Myriant Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DowDuPont
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cargill Incorporated
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gevo Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vertec Bio solvents Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Florida Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lyondellbasell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Solvay SA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huntsman Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
