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Global Green and Bio Solvents Market : Key Players - BASF SE, Archer Daniels Midland Co., Huntsman Corporation, the Dow Chemical Co., and DuPont

09-27-2018 08:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research Cosmos

Global Green and Bio Solvents Market : Key Players - BASF SE,

Global Green and Bio Solvents Market Overview:
Solvents are of two types, water-based and hydrocarbon based. The latter emits volatile organic compounds during manufacturing, handling and use. As a result, they have a negative impact on the environment. This disadvantage has been overcome in green and organic solvents, formulated from resources of biological origin such as sugars, corn, beets and others. Green and bio-based solvents are used in printing inks, paints and coatings, commercial and household cleaning, adhesives and sealants, cosmetics, and pharmaceuticals. The growing demand for biologically based materials in different industries like paints and coatings, as well as printing inks,  will likely boost the demand for environmentally friendly bio solvents in the near future.

Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-green-and-bio-solvents-market-trends-competitive-dynamics-and-key-growth-opportunities-2015/1233518059

Global Green and Bio Solvents Market Drivers and Restraints:
The growth of the paint and coatings and adhesives industries can be attributed to the growth of the population and the improvements in sectors such as real estate, public works and construction. These products are in great demand in applications such as paints and coatings, industrial and household cleaning products, adhesives, printing inks, pharmaceuticals and cosmetics. Another key factor in the eco-friendly and biologically based solvent industry is the growing R & D for the development of additional raw materials and manufacturing technologies to facilitate the large-scale production in the relevant market. The main challenges facing the industry include the growing demand for raw materials of biological origin in other end-user industries and the misconceptions among consumers about the costs and performance of bio solvents. The growing demand for raw materials such as soybean oil and cornstarch for the production of biofuels can affect the availability of these materials for the development of bio-based solvents.

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Geographical Segmentation:
The Asia-Pacific and Latin American regions offer significant growth potential in the market for the green and bio-solvents in the coming years, mainly due to technological advances, industrial growth, economic growth and low production costs in countries like Brazil, China, Japan, etc. In addition, in recent years, end-user industries such as construction and automobiles have experienced significant growth in these countries. The industry in Europe is experiencing moderate growth, driven mainly by the changing political and economic dynamics of the main countries of the region like the United Kingdom and Germany. The recovery of the automotive and construction segments in these countries will allow the future growth of Europe.

BASF SE, Archer Daniels Midland Co., Huntsman Corporation, the Dow Chemical Co., and DuPont, are the major players in Global Green and Bio Solvents Market.

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About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.  

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Kevin Stewart
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Global Sales Manager
Research Cosmos
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