Global Green And Bio Solvents Market
Market Size in USD Billion
CAGR :
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 Forecast Period |
2023 –0 |
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 Market Size (Forecast Year) |
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 CAGR |
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Global Green and Bio-Solvents Market, By Type (Esters, Alcohols, Diols and Glycols, D-Limonene), Application (Adhesives and Sealants, Printing Ink, Industrial and Domestic Cleaners, Paints and Coatings), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Green and Bio-Solvents Market
The green and bio-solvents market is expected to witness market growth at a rate of 7.50% in the forecast period of 2022 to 2029. Data Bridge Market Research report on green and bio-solvents market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of green and bio-solvents market.
Green and bio-solvents are defined as the environment-friendly chemical substances that produced from agricultural sources. These chemical substances are manufactured after processing of crops, such as sugarcane, refined glycerin, soybean oil, corn, lactic acid and bio-succinic. Two of the most commonly used green and bio-solvents include water- and hydrocarbon-based variants.
The increase in the demand for environment-friendly solvents across the globe acts as one of the major factors driving the growth of green and bio-solvents market. The presence of environmental regulations to reduce VOC emissions, and increase in the replacement of synthetic solvents, such as acetone, toluene, and xylene accelerate the market growth. The high focus of federal government on bio-based products and improved competitiveness from product differentiation further influence the market. Additionally, rapid industrialization, surge in investments, rise in environmental concerns and favorable government regulations positively affect the green and bio-solvents market. Furthermore, various advancements in production technologies and numerous product innovations extends profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the production and performance issues, and uncertainty about the reliability and adequate supply of feedstocks are expected to obstruct the market growth. Limitations of ionic solvents, deep eutectic solvents (DESs), and supercritical fluids are projected to challenge the green and bio-solvents market in the forecast period of 2022-2029.
This green and bio-solvents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on green and bio-solvents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Green and Bio-Solvents Market Scope and Market Size
The green and bio-solvents market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the green and bio-solvents market is segmented into esters, alcohols, diols and glycols, D-limonene.
- On the basis of application, the green and bio-solvents market is segmented into adhesives and sealants, printing ink, industrial and domestic cleaners, paints and coatings.
Green and Bio-Solvents Market Country Level Analysis
The green and bio-solvents market is analyzed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the global green and bio-solvents market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the green and bio-solvents market due to the increase in demand as well as product innovation within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2022 to 2029 because of the rise in the chemical industry in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Green and Bio-Solvents Market Share Analysis
The green and bio-solvents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green and bio-solvents market.
Some of the major players operating in the green and bio-solvents market report are Archer Daniels Midland Co. BASF SE, Dow Huntsman Corporation, Bio-Amber Inc, Cargill Inc, Cremer Oleo Gmbh & Co., Vertec Biosolvents Inc. Florida Chemical Company, Novvi, Licella, Genomatica, Avantium, Lanzatech, Vivergofuels, Botaneco Inc., Klk Oleo, Polygreen, Sharon Laboratories, Temix Oleo, Myriant Corporation, Gevo Inc., Solvay, Sasol, Ashland, Shenzen Esun Industrial Co Ltd, Exxon Mobil Corporation, Diacel Chemical Industries Ltd, Symrise AG, Royal Dsm, PPG Chemicals, Genomatica Inc., Finasucre , and Wilmar bioethanol, among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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