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Green And Bio-Based Solvent Market: Extensive Research by Global Business Players - Archer Daniels Midland, BASF, DowDuPont, Huntsman Corporation, Corbin, Vertec Biosovent and more…

10-24-2018 08:04 AM CET | Science & Education

Press release from: Reports Monitor

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Green And Bio-Based Solvent Market

Green And Bio-Based Solvent Market

Green And Bio-Based Solvent Market 2018-2025
Summary:
Bio-based solvent is a kind of green reagents obtained from biomass by biochemical methods, one of which is the familiar bio-ethanol. This report researches the worldwide Green And Bio-Based Solvent market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.

Green solvents are made from agriculture sources such as sugar, beat, refined glycerin, corn among others. They act as a replacement for crude-oil based solvents and are as effective as any other solvent, while also being safe. The green bio-based solvents have features such as low toxicity, low miscibility, recyclability, and higher boiling point, which have kept the market demand high. Moreover, the benefit of bio based solvent such as they don’t release the same high numbers of volatile organic compounds (VOCs) as petroleum-based solvent releases during manufacturing.

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Rise in environmental concerns; the increase in popularity of green and biobased solvents in the end-use applications; and a wide range of applications and technical innovations are the key factors driving the growth of this market. Additionally, the market is growing popularity in the chemical and pharmaceutical industry owing to their biodegradability and low toxicity, high melting point and renewability.

The Green And Bio-Based Solvent Market Segmentation
This report focuses on the top manufacturers:
Archer Daniels Midland, BASF, DowDuPont, Huntsman Corporation, Corbin, Vertec Biosovent, Cargill, BioAmber, Galatic, Florida Chemical Company etc

Green And Bio-Based Solvent Market by Types:
Bio-alcohols, Bio-glycols, Bio-diols, Lactate Esters, D-limonene, Methyl Soyate, Others

Green And Bio-Based Solvent Market by Major Applications:
Paints & Coatings, Industrial & Domestic Cleaners, Adhesives, Printing Inks, Pharmaceuticals, Cosmetics, Others

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Green And Bio-Based Solvent Market Dynamics: Potential Contributors
Furthermore, manufacturers are highly interested in purchasing products that are manufactured with more greener ingredients and components, including green solvents. These solvents are used in construction, manufacturing, cosmetics, paints and coating and many other industries. Among these, paints and coatings are the most popular used segment, accounting for nearly 40% of the global green solvent market in 2014.
As the bio-solvent are becoming more commercialized, though, it is expected that it will continue to grow as more manufacturers will choose them over the less sustainable alternatives. A number of manufacturers and researchers are seeking ways to make green solvents more commercially available. These factors will likely shape the market in the coming years.

Global Green And Bio-Based Solvent Market: regional status!
Though North America holds the largest market share of the global green and bio-based solvents market, owing to rise in adoption of green solvent across various end-use sectors along with the rapid expansion of construction industry in the U.S. In 2014, North America holds a market share of approximately 30% worldwide.
The Asia Pacific represents the market with the highest growth due to the immense demand from various end-use applications such as paints & coatings, pharmaceuticals, agrochemical solutions, cosmetics among others.

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Reports Monitor is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries including Healthcare, Technology, Chemicals, Materials, and Energy. With an intrinsic understanding of many business environments, Reports Monitor provides strategic objective insights.

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