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What is Major Trend Presently Witnessed in Global Green Solvents Market?

07-10-2020 02:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

What is Major Trend Presently Witnessed in Global Green Solvents

One of the major trends currently being observed in the green solvents market is the increasing consumer preference for environment-friendly paints and coatings products throughout the world. The paints and coatings products made with petrochemical solvents usually contain higher quantities of VOCs and various other emission-producing chemical compounds that cause major environmental damage. Therefore, in order to reduce the harmful emissions into the environment, many paints and coatings manufacturing companies are increasingly adopting green solvents in their manufacturing processes.

Get a sample copy of this report: https://www.psmarketresearch.com/market-analysis/green-solvents-market/report-sample

Key Questions Answered:

What is the current and future scenario of the global Green Solvents Market?
What are the major factors major driving the global Green Solvents Market?
What are the upcoming opportunities for the players in the global Green Solvents Market?
Which application is expected to dominate the global Green Solvents Market during the forecast period?
Which region is expected to witness the fastest growth during the study period?
Who are the major players in the global Green Solvents Market?

Globally, North America is currently observing large-scale incorporation of green solvents in several industrial processes. This is primarily credited to the presence of strict government policies and regulations regarding emission levels and the huge investments being made by the governments of various North American countries for promoting the development of environment-friendly chemicals. In addition to this, the existence of a large number of industries in the region requiring solvents for producing end-products is massively pushing the demand for green solvents in the region.

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Green solvents are extensively used in a wide array of applications— adhesives, industrial and domestic cleaners, printing inks, and paints and coatings. Out of these, the usage of green solvents is currently observed to be very high in the paints and coatings applications. This is mainly attributed to the rising environmental pollution caused due to the extensive utilization of petrochemical solvents in the paints and coatings industry, surging consumer need for environment-friendly products, and rising preference for products having extremely lower quantities of volatile organic compounds (VOCs).

Green Solvents Market Competitive Landscape

Some of the major companies operating in the global green solvents market are BASF SE, BioAmber Inc., Genomatica Inc., CytoCulture International Inc., Solvay S.A., The Dow Chemical Company, Cargill Incorporated, Vertec Biosolvents Inc., Florida Chemical Company, and Nachmann S.r.l.

The study provides the historical as well the forecast market size for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, South Korea, Brazil, Argentina, Saudi Arabia, and South Africa.

Green/Bio-Based Solvents Market Size Breakdown by Segment
Based on Type

Alcohol
Ester
Ether
Hydrocarbon
Dipolar Aprotic
Based on Application

Paints & Coatings
Industrial & Domestic Cleaners
Adhesives
Printing Inks
Geographical Analysis

North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Asia-Pacific (APAC)
China
Japan
India
South Korea
Latin America (LATAM)
Brazil
Argentina
Middle East & Africa (MEA)
South Africa
Saudi Arabia

P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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