A Green and Bio-based Solvents Market Size, Share, and Outlook, 2025 Report- By Type (Bio-Alcohols, Bio-Glycols, Bio-Diols, Ethyl Lactate, D-Limonene, Others), By Application (Paints and Coatings, Industrial and Domestic Cleaning, Printing Inks

Green and Bio-based Solvents Market Outlook

Green and Bio-based Solvents Market Size is forecast to reach $3.6 Billion in 2032 from $2.3 Billion in 2025, at an optimistic growth rate of 6.2% from 2025 to 2032. The robust Green and Bio-based Solvents Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Green and Bio-based Solvents Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Bio-Alcohols, Bio-Glycols, Bio-Diols, Ethyl Lactate, D-Limonene, Others), By Application (Paints and Coatings, Industrial and Domestic Cleaning, Printing Inks, Adhesives and Sealants, Pharmaceutical, Cosmetics, Agriculture, Others). Over 70 tables and charts showcase findings from our latest survey report on Green and Bio-based Solvents Markets.

Green and Bio-based Solvents Market Insights, 2025:

Green and Bio-Based Solvents – Key Drivers and Opportunities

Green and bio-based solvents are gaining popularity as sustainable alternatives to traditional solvents, which are often derived from petroleum-based sources and can be harmful to human health and the environment. The key drivers for the green solvents market include stringent environmental regulations on volatile organic compounds (VOCs), the growing focus on health and safety in industrial applications, and the increasing demand for eco-friendly chemical solutions in industries like paint and coatings, pharmaceuticals, cosmetics, and cleaning products. Green solvents, such as bioethanol, terpenes, and lactate esters, offer advantages like reduced toxicity, low emissions, and the ability to be sourced from renewable materials.

The opportunities for green solvents lie in their ability to replace harmful conventional solvents in several industrial applications. For example, the paint and coatings industry is adopting bio-based solvents to reduce the environmental impact of their products. Additionally, the pharmaceutical industry is increasingly seeking out green solvents to improve the safety of manufacturing processes and meet the demand for clean-label and natural products. The increasing focus on sustainable product formulations presents an opportunity for further growth of bio-based solvents in cleaning and personal care products as well. As environmental and health concerns continue to rise, the market for green solvents will expand, particularly with the continued development of high-performance bio-based alternatives that are economically viable for industrial-scale production.

Five Trends that will define global Green and Bio-based Solvents Market in 2025 and Beyond

A closer look at the multi-million global market for Green and Bio-based Solvents Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Green and Bio-based Solvents Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Green and Bio-based Solvents Industry?

The Green and Bio-based Solvents Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Green and Bio-based Solvents Market Segment Insights

The Green and Bio-based Solvents Industry presents strong offers across categories. The analytical report offers forecasts of Green and Bio-based Solvents Industry performance across segments and countries. Key segments in the industry include- By Type (Bio-Alcohols, Bio-Glycols, Bio-Diols, Ethyl Lactate, D-Limonene, Others), By Application (Paints and Coatings, Industrial and Domestic Cleaning, Printing Inks, Adhesives and Sealants, Pharmaceutical, Cosmetics, Agriculture, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Green and Bio-based Solvents Market size outlook is provided for 22 countries across these regions.

Green and Bio-based Solvents Industry Value Chain

The chapter identifies potential companies and their operations across the global Green and Bio-based Solvents Industry ecosystem. It assists decision-makers in evaluating global Green and Bio-based Solvents Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Green and Bio-based Solvents Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Green and Bio-based Solvents Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Green and Bio-based Solvents Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Green and Bio-based Solvents Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Green and Bio-based Solvents Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Green and Bio-based Solvents Market Insights- Executives are most excited about opportunities for the US Green and Bio-based Solvents Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Green and Bio-based Solvents Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Green and Bio-based Solvents Market.

Latin American Green and Bio-based Solvents Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Green and Bio-based Solvents Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Green and Bio-based Solvents Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Green and Bio-based Solvents Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Green and Bio-based Solvents Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Archer Daniels Midland Company, Bio Brands LLC, Bioamber Inc, Cargill Inc, Corbion NV, Cremer Oleo GmbH & Co. Kg, Dow Inc, Elevance Renewable Sciences Inc, Florachem Corp, Florida Chemical Company, Galactic, Gemtek Products, Gevo, Lyondellbasell Industries Holdings BV, Vertec Biosolvents.

Green and Bio-based Solvents Market Scope and Segmentation

By Type

Bio-Alcohols

Bio-Glycols

Bio-Diols

Ethyl Lactate

D-Limonene

Others

By Application

Paints and Coatings

Industrial and Domestic Cleaning

Printing Inks

Adhesives and Sealants

Pharmaceutical

Cosmetics

Agriculture

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Green and Bio-based Solvents Market Research-

Archer Daniels Midland Company

Bio Brands LLC

Bioamber Inc

Cargill Inc

Corbion NV

Cremer Oleo GmbH & Co. Kg

Dow Inc

Elevance Renewable Sciences Inc

Florachem Corp

Florida Chemical Company

Galactic

Gemtek Products

Gevo

Lyondellbasell Industries Holdings BV

Vertec Biosolvents

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Get an integrated understanding of the entire market ecosystem and companies.
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