Global Bio-based Solketal Market Growth 2024-2030
Solketal is usually prepared by the reaction of glycerol and acetone in the presence of an acidic catalyst. It has a colorless to light yellow liquid appearance and exhibits good solubility. It is miscible with various solvents such as water, alcohol, ester, ether, aromatic hydrocarbons, etc. Solketal has a wide range of applications in the chemical industry, including as a solvent, plasticizer, pharmaceutical excipient, etc. It is also an important intermediate for the synthesis of various organic compounds.
The global Bio-based Solketal market size is projected to grow from US$ 31.8 million in 2024 to US$ 41.3 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Bio-based Solketal Industry Forecast” looks at past sales and reviews total world Bio-based Solketal sales in 2023, providing a comprehensive analysis by region and market sector of projected Bio-based Solketal sales for 2024 through 2030. With Bio-based Solketal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Solketal industry.
This Insight Report provides a comprehensive analysis of the global Bio-based Solketal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Solketal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio-based Solketal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Solketal and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Solketal.
United States market for Bio-based Solketal is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Bio-based Solketal is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Bio-based Solketal is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Bio-based Solketal players cover Solvay, Bioinspir, Zhejiang Boju New Material, Sinotech (Beijing) Development Co., Ltd., Loba Feinchemie, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Solketal market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Purity:<98%
Purity: 98%-99%
Purity:>99%
Segmentation by Application:
Pharmaceutical Intermediates
Solvent
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Solvay
Bioinspir
Zhejiang Boju New Material
Sinotech (Beijing) Development Co., Ltd.
Loba Feinchemie
CM Fine Chemical
Chemos GmbH
Beyond Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-based Solketal market?
What factors are driving Bio-based Solketal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Solketal market opportunities vary by end market size?
How does Bio-based Solketal break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.