The green & bio-based solvents market demand was valued 3489.88 Kilo Tons in 2022 and is expected to reach 4686 Kilo Tons by 2029, at a CAGR of 4.3% during a forecast period.
Green & Bio-Based Solvents Market Overview
According to market research, the global Green & Bio-Based Solvents Market is expected to grow rapidly during the forecast period. The report provides an analysis of the growth drivers, major restraints, upcoming challenges, and prevailing opportunities in the global Green & Bio-Based Solvents market. It also includes a region-wise and segment-wise analysis of the dynamics and Green & Bio-Based Solvents market size.
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Green & Bio-Based Solvents Market Report Scope and Research Methodology
The analyst has focused on the key market trends that are likely to impact new business investments and development in the Green & Bio-Based Solvents industry. These trends include new technology, new regulations, government investment, new uses, foreign entry, and other industry dynamics. The study includes a detailed trend analysis to help clients make informed decisions about their Green & Bio-Based Solvents market presence.
The Green & Bio-Based Solvents Market Research provides exclusive key statistics, facts, information, trends, and competitive landscape insights in this field. The current state of the Green & Bio-Based Solvents market is analyzed, and the market is forecast to 2029. The study is likely to include company profiles, capacity, production, price, cost, revenue, and contact information for leading Green & Bio-Based Solvents manufacturers in the global market. The bottom-up approach was used to estimate the global and regional Green & Bio-Based Solvents market size.
Green & Bio-Based Solvents Market Regional Insights
The report includes a detailed analysis of market dynamics, market size and market share in all the regions and their countries mentioned below:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Green & Bio-Based Solvents Market Segmentation
With almost 43% of the market share in 2022, the paints and coatings sector was the most rapidly growing application segment. The market expansion in the paints and coatings industry has been driven by concerns about increased consumer awareness of eco-friendly products and expanding construction development. The market will experience various growth opportunities during the anticipated period due to factors of bio-based goods such as low corrosivity, biodegradability, toxicological and environmental safety, high solvency power, and water miscibility that are luring vendors to invest in the market.
Additionally, bio-enamel lacquer exhibits qualities such as water and dirt resistance, matt finishing, and is driving the global market for bio-based and environmentally friendly solvents. The cost of clare paints in the market is roughly $39 per gallon. Other zero VOC products include real milk paints, bioshiled, ecos paints, and clare paints.
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Green & Bio-Based Solvents Market Key Players include:
1. LyondellBasell Industries Holdings B.V
2. Elevance Renewable Sciences Inc
3. Huntsman International LLC
4. Archer Daniels Midland Company
5. Cremer Oleo Gmbh & Co Kg
6. Florida Chemical Company
7. Florachem Corporation
8. Cargill Inc.rporated.
9. Myriant Corporation
10.Vertec Biosolvents
11.Gemtek Products
12.DowDuPont
13.BioAmber Inc
14.Bio Brands LLC
15.Merck KGaA
16.Galactic
17.Gevo Inc
18.Solvay
19.Corbion
20.BASF SE
21.Novvi
22.Licella
23.Genomatica
24.Avantium
Key Questions answered in the Green & Bio-Based Solvents Market Report are:
- What is Green & Bio-Based Solvents ?
- What are the global Green & Bio-Based Solvents market trends?
- What are the emerging trends in the Green & Bio-Based Solvents market?
- What was the global Green & Bio-Based Solvents market size in 2022?
- What is the expected CAGR of the Green & Bio-Based Solvents market during the forecast period?
- What is the expected Green & Bio-Based Solvents market size by 2029?
- What factors are affecting the Green & Bio-Based Solvents market growth?
- Which region held the largest share of the global Green & Bio-Based Solvents market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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