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Global Bio-based Solvent Market Insights, Forecast to 2025
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Green and bio-based solvents serve as an alternative to the conventional solvents in the market as they help in reducing the negative environmental impact caused from the use of solvents in chemical production. Green and bio-based solvents are produced from renewable resources; they are biodegradable, non-corrosive & non-carcinogenic in nature, recyclable and help prevent ozone depletion.
Easy availability of biofuels, rising environmental awareness and increasing demand for sustainable products are main factors contributing to the growth of market. Rising environmental awareness has increased the preference for bio-based or green solvents over conventional solvents. As these solvents are VOC-free, consumers are not exposed to harmful chemicals. Biofuels are derived from plants or animals and these raw materials are easily available in the market. This offers significant opportunities for the production of biofuel. Moreover, the transportation of biofuels is also much easier than conventional fossil fuels. The rising demand from key application segments such as paints & coatings and adhesives is also expected to propel the market demand over the forecast period. The growing application scope of green & bio-based solvents in the afore mentioned segments can be attributed to the minimal environmental impacts caused by the products, mainly as they are derived from organic and renewable sources. North America would continue to dominate the market through 2020 due to intense awareness among the consumers for the adoption of green solvents and robust improvement in the U.S. & Mexican construction industry. However, Asia-Pacific will be the fastest growing market and is expected to grow at a CAGR of 6.2% during 2015-2020.
Global Bio-based Solvent market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-based Solvent.
This report researches the worldwide Bio-based Solvent market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Bio-based Solvent breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Archer Daniels Midland Company
BASF
Cargill
The Dow Chemical Company
Bio-based Solvent Breakdown Data by Type
Lactate Esters
Methyl Soyate
Alcohols
D-Limonene
Others
Bio-based Solvent Breakdown Data by Application
Adhesives & Sealants
Printing Ink
Industrial & Domestic Cleaners
Paints & Coatings
Bio-based Solvent Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Bio-based Solvent Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Bio-based Solvent capacity, production, value, consumption, status and forecast;
To focus on the key Bio-based Solvent manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Bio-based Solvent :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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https://www.marketresearchreportstore.com/reports/887554/global-bio-based-solvent-market-insights
Related Information:
North America Bio-based Solvent Market Growth 2019-2024
United States Bio-based Solvent Market Growth 2019-2024
Asia-Pacific Bio-based Solvent Market Growth 2019-2024
Europe Bio-based Solvent Market Growth 2019-2024
EMEA Bio-based Solvent Market Growth 2019-2024
Global Bio-based Solvent Market Growth 2019-2024
China Bio-based Solvent Market Growth 2019-2024
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