Global Bio Solvents Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Bio Solvents Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Bio Solvents market size was valued at USD 6603 million in 2023 and is forecast to a readjusted size of USD 9910 million by 2030 with a CAGR of 6.0% during review period.

Bio solvents are environmentally friendly solvents or biosolvents derived from biomass, such as plants, trees or animals (the biomass can have undergone physical, chemical or biological treatment).

North America is a major bio solvents consumer and accounted for over one-third of total market volume in 2013. The regional is characterized by high level of awareness regarding health and environmental effects of conventional solvents coupled with stringent environmental regulations. Increasing construction spending by the U.S. government to improve public infrastructure in the region is expected to drive paints & coatings demand which in turn is expected to have a positive impact on the regional bio solvents market over the forecast period. Recovery of U.S. automotive industry after a slump due economic recession is also expected to have a positive impact on the regional bio solvents market. Asia Pacific is touted to register significant growth rate on account of growing construction and automotive industries. Rapid industrialization in emerging markets of China and India are expected to drive adhesives and sealants demand. This trend coupled with growing concerns regarding degradability of conventional solvents is expected to drive further the Asia Pacific market growth.

The Global Info Research report includes an overview of the development of the Bio Solvents industry chain, the market status of Industrial & Domestic Cleaners (Bio-Alcohols, Bio-Glycols & Diols), Paints & Coatings (Bio-Alcohols, Bio-Glycols & Diols), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bio Solvents.

Regionally, the report analyzes the Bio Solvents markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bio Solvents market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Bio Solvents market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bio Solvents industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Bio-Alcohols, Bio-Glycols & Diols).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bio Solvents market.

Regional Analysis: The report involves examining the Bio Solvents market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bio Solvents market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Bio Solvents:

Company Analysis: Report covers individual Bio Solvents manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bio Solvents This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial & Domestic Cleaners, Paints & Coatings).

Technology Analysis: Report covers specific technologies relevant to Bio Solvents. It assesses the current state, advancements, and potential future developments in Bio Solvents areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bio Solvents market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Bio Solvents market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Bio-Alcohols
Bio-Glycols & Diols
Lactate Esters
D-Limonene
Methyl Soyate

Market segment by Application
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Pharmaceuticals
Cosmetics

Major players covered
BASF SE
Huntsman Corporation
DowDuPont
Vertec BioSolvents Inc.
Florida Chemical Company
Cargill Incorporated
Galactic
Gevo
Pinova Holdings INC
Myriant
LyondellBasell
Solvay
Akzo Nobel

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Bio Solvents product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Bio Solvents, with price, sales, revenue and global market share of Bio Solvents from 2019 to 2024.

Chapter 3, the Bio Solvents competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Bio Solvents breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bio Solvents market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Bio Solvents.

Chapter 14 and 15, to describe Bio Solvents sales channel, distributors, customers, research findings and conclusion.