Global Green And Bio Solvent Market 2024-2028
The green and bio solvent market is forecasted to grow by USD 7.29 bn during 2023-2028, accelerating at a CAGR of 10.13% during the forecast period. The report on the green and bio solvent market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the adoption of green and bio solvents among numerous end-user industries, increasing demand for environment-friendly products from emerging economies, and favorable government regulations on green and bio solvents.
Technavio's green and bio solvent market is segmented as below:
By Product
- Lactate esters
- Methyl soyate solvents
- Alcohols
- D-limonene
- Others
By Application
- Paints and coatings
- Printing inks
- Cleaning products
- Adhesives and sealants
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increase in new product launches by market vendors as one of the prime reasons driving the green and bio solvent market growth during the next few years. Also, increasing investments in r and d activities and expansion of green and bio solvent production facilities will lead to sizable demand in the market.
The report on the green and bio solvent market covers the following areas:
- Green and bio solvent market sizing
- Green and bio solvent market forecast
- Green and bio solvent market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading green and bio solvent market vendors that include alteqo bv, Archer Daniels Midland Co., Astrobio, BASF SE, Braskem SA, Cargill Inc., Circa Group AS, Corbion NV, CREMER OLEO GmbH and Co. KG, DuPont de Nemours Inc., Gevo Inc., GFBio, Huntsman International LLC, India Glycols Ltd., Roquette Freres SA, SEKAB Biofuels and Chemicals AB, Solvay SA, Stepan Co., Vertec Biosolvents Inc., and Somaiya Group. Also, the green and bio solvent market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth."