HTF MI recently introduced Global Green and Bio-Solvents Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are BASF, Dow, Arkema, Solvay, Huntsman Corporation, Eastman Chemical Company, Cargill, Ashland, LyondellBasell, Clariant, Myriant Corporation, Vertec Biosolvents, Stepan Company, Florida Chemicals, Evonik, Genomatica, GFBiochemicals, ADM, Croda International BioAmber.
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According to HTF Market Intelligence, the Global Green and Bio-Solvents market is expected to grow from USD 8 Billion in 2023 to USD 15 Billion by 2030, with a CAGR of 8.5% from 2024 to 2032.
The Green and Bio-Solvents market is segmented by Types (Alcohols, Glycols, Esters, Diols, Lactates), Application (Cleaning Agents, Paints and Coatings, Pharmaceuticals, Adhesives, Agrochemicals) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
Definition:
Green and bio-solvents are environmentally friendly alternatives to conventional solvents, derived from renewable resources such as plant-based feedstocks, lactic acid, and glycerin. These solvents are biodegradable, non-toxic, and have reduced VOC emissions, making them suitable for industries like pharmaceuticals, agriculture, paints, and coatings. Green solvents are gaining popularity due to stringent environmental regulations and increasing awareness of sustainable practices. Applications include cleaning agents, ink production, and chemical synthesis. Advancements in biotechnology and increased R&D investments are driving the development of more efficient and versatile bio-solvents, contributing to their growing adoption across various sectors.
Market Trends:
- Rising adoption in paints, coatings, and adhesives industries.
Market Drivers:
- Increasing environmental awareness, stringent regulations on VOCs.
Market Opportunities:
- Innovations in bio-based solvent technologies.
Dominating Region:
- North America
Fastest-Growing Region:
- Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Green and Bio-Solvents market segments by Types: Alcohols, Glycols, Esters, Diols, Lactates
Detailed analysis of Green and Bio-Solvents market segments by Applications: Cleaning Agents, Paints and Coatings, Pharmaceuticals, Adhesives, Agrochemicals
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Green and Bio-Solvents Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Points Covered in Table of Content of Global Green and Bio-Solvents Market:
Chapter 01 – Green and Bio-Solvents Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Green and Bio-Solvents Market – Pricing Analysis
Chapter 05 – Global Green and Bio-Solvents Market Background or History
Chapter 06 — Global Green and Bio-Solvents Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Green and Bio-Solvents Market
Chapter 08 – Global Green and Bio-Solvents Market Structure & worth Analysis
Chapter 09 – Global Green and Bio-Solvents Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Green and Bio-Solvents Market Research Methodology
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
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