Green/Bio-Based Solvents Market Key Players Analysis 2018 – Cargill, Vertec Biosolvents, Bioamber, Myriant Corporation, Dow Chemicals, Cargill Incorporated

Allied Market Research recently published a report, titled, “Green/Bio-Based Solvents Market by Type (Esters, Alcohols, diols & glycols, D-Limonene) and Application (Adhesives & Sealants, Printing Ink, Industrial & Domestic Cleaners, Paints & Coatings): Global Opportunity Analysis and Industry Forecast, 2014–2020”. According to the report, the global green/bio-based solvents market is expected to reach $13 billion by 2020, registering CAGR of 4.3% during the forecast period.

Competitive Intelligence on prominent manufacturers of green solvents provide key insights in terms of strategies implemented to gain significant share in the green solvents market. Some of the leading manufacturers profiled in this report includes BASF SE, BioAmber Inc., Myriant Corporation, Dow Chemicals, Cargill Incorporated, Gevo Inc., Vertec Bio solvents Inc., Florida Chemicals, Lyondellbasell and E.I du Pont de Numerous and Company, Solvay S.A and Huntsman Corporation.

Get Sample PDF Brochure : https://www.alliedmarketresearch.com/request-sample/81

Hazardous effects of VOC on environment, rapid adoption of green solvents, volatile prices of crude oil, and emerging markets in the developing countries have boosted the growth of the global green/bio-based solvents market. However, high cost of green solvent production hinders market growth. On the contrary, huge support from federal governments and implementation on regulatory frameworks in the developing countries are expected to create remunerative opportunities for the market players in the near future.
The ester solvents segment accounted for the highest consumption in 2014 and would continue this trend during the forecast period, which was primarily due to its unique properties such as high solvency rate, easy availability and comparatively lower pricing than the other green solvents.

Key Findings of Green Solvents Market

• Industrial and domestic cleaner application segment is projected to register highest CAGR of 7.3%, in terms of volume, during the forecast period.
• Paints and coatings is forecast to be the largest revenue-generating segment of North America green solvents industry throughout the analysis period.
• Solketal is projected to be the fastest growing segment in the alcohols, glycols & diols market during the forecast period.
• Lactate esters segment accounted for around one-fourth of the total consumption in the overall green solvents market in 2014.
• North America was the largest consumer of D-limonene across the globe in 2014.

North America and Europe collectively accounted for about 70.3% share of the market in 2014 and is expected to maintain their lead over the forecast period. Favorable government regulations and rapid adoption of innovative technologies are the key factors responsible for market growth in these regions. Rising environmental awareness among consumers and stringent environmental regulations on VOC emission of synthetic solvents have fostered the demand of green solvents in the North American region. However, Asia Pacific is projected to be the fastest growing region during the forecast period. This is due to increasing industrial activities coupled with rising environmental awareness among the consumers. China and Japan are the prime markets supplementing the growth of the Asia-Pacific green solvents market owing to booming manufacturing sectors and favorable government initiatives.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David C
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.