Green solvents are obtained from several agricultural sources, including corn, sugarcane, lactic acid, refined glycerin, soybean oil and others. Growing focus towards sustainability along with rising trend towards low volatile organic compound (VOC) content emission in comparison to conventional petroleum based solvent are some of the prime factors motivating the manufacturers to adopt green solvent.
MARKET DYNAMICS
The green and bio-based solvents market has witnessed a significant growth owing to factors such as growing focus towards environmental concerns. Moreover, expanding use of green and bio-based solvents across various application bases is likely to propel the demand and would provide a huge market opportunity for the key players operating in the green and bio-based solvents market. However, high production cost is projected to hamper the overall growth of the green and bio-based solvents market.
MARKET SCOPE
The "Global Green and bio-based solvents Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the green and bio-based solvents market with detailed market segmentation by type and application and geography. The global green and bio-based solvents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Green and bio-based solvents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global green and bio-based solvents market is segmented on the basis of type and application. On the basis of type, the green and bio-based solvents market is segmented into esters, alcohols, diols and glycols, D-Limonene and others. On the basis of application, the green and bio-based solvents market is segmented into paints and coatings, adhesives and sealants, printing ink, industrial and domestic cleaners and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global green and bio-based solvents market based on various segments. It also provides marketsize and forecast estimates from the year 2018to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Green and bio-based solvents market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the green and bio-based solvents market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Green and bio-based solvents market in these regions.
MARKET PLAYERS
The reports cover key developments in the green and bio-based solvents market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers from green and bio-based solvents market is anticipated to lucrative growth opportunities in the future with the rising demand for green and bio-based solvents in the global market. Below mentioned is the list of few companies engaged in the Green and bio-based solvents market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the green and bio-based solvents market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- BioAmber Inc
- Cargill Incorporated
- Dow Chemicals
- Florida Chemicals
- Gevo Inc
- Lyondellbasell
- Myriant Corporation
- Solvay S.A
- Vertec Bio solvents Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.