Green & Bio-Solvents Market Developments Leading to USD 3.96 Billion With 8.4 % CAGR By 2032

𝐓𝐡𝐞 𝐠𝐫𝐞𝐞𝐧 & 𝐛𝐢𝐨-𝐬𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 1.76 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2022 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐢𝐬𝐞 𝐭𝐨 𝐔𝐒𝐃 3.96 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 8.4% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 𝐟𝐫𝐨𝐦 2023 𝐭𝐨 2032.

𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐩𝐫𝐨𝐩𝐞𝐥𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐠𝐫𝐞𝐞𝐧 & 𝐛𝐢𝐨-𝐬𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:
• The increased use of green solvents in agriculture to increase crop yield, reduce overall production costs, and improve product quality, combined with the growing penetration of personal care and cosmetics products and manufacturers' increased focus on sustainable product development, are expected to drive market growth in the near future.

• Growing uncertainty about feedstock availability and reliability is a major impediment to global market expansion.

• Growing breakthroughs in production technology, as well as various product developments by leading market competitors, are all favorably impacting market demand and growth.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/green-bio-solvents-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐆𝐫𝐞𝐞𝐧 & 𝐁𝐢𝐨-𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬?
Corn, lactic acid, sugarcane, refined glycerin, soybean oil, bio-succinic acid, and related farming products are the sources of green solvents. These include acetone, 2-propanol, ethanol, methanol, ethyl acetate, tert-butanol, isopropyl acetate, 1-butanol, and other solvents with the lowest toxicity. They serve as mediators in the production of a wide range of goods in the pharmaceutical, paint and coating, ink, detergent, cosmetic, adhesive, and sealant sectors, among others.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:
Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Some of the leading companies in the green & bio-solvents market are:
• Arkema Group
• Astrobio
• BASF SE
• Cargill Inc.
• Clariant
• Cremer Oleo GmbH and Co. KG
• GF Biochemicals
• Huntsman International LLC.
• LyondellBasell Industries Holdings
• Merck KGaA
• Solvay
• Stepan Company
• The Dow Chemical Company
• Vertec BioSolvents

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/1587/2

𝐆𝐫𝐞𝐞𝐧 & 𝐁𝐢𝐨-𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 :
• Lactate esters segment accounted for a significant global market share in 2021 on account of rapid growth in the demand from various end-use industries like industrial, pharmaceuticals, and personal care

• Paint & coatings segment held the largest market share in terms of revenue, which is mainly driven by growing innovations related to eco-friendly paints & coatings and construction activities

• Asia Pacific region is expected to grow at a fastest CAGR during the anticipated period, which is accelerated by increasing developments across several end-use sectors and a surge in sales of drugs

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/green-bio-solvents-market

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:
The market is mainly segmented based on product, end-use, and region. According to the product study, lactate esters held the greatest market share in 2021. The market's growth is primarily driven by growing product demand and consumption in a variety of end-use industries, including personal care, industrial solvent applications, and pharmaceuticals.

Furthermore, according to end-use research, the paints and coatings segment dominated the global green & bio-solvents market in 2021, accounting for a sizable market revenue share. This was due to a rapid increase in the number of construction and infrastructure development activities, particularly in emerging economies such as India, China, and Indonesia.
• 𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭
o Bio-Alcohols
o Bio-Diols
o Bio-Glycols
o Lactate Esters
o D-Limonene
o Methyl Soyate
o Others

• 𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞
o Chemical Intermediate
o Pharmaceuticals
o Printing Inks
o Paints & Coatings
o Cosmetics & Personal Care
o Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
𝐃𝐢𝐬𝐩𝐞𝐫𝐬𝐢𝐧𝐠 𝐀𝐠𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/dispersing-agents-market
𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐋𝐢𝐧𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/release-liners-market
𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐂𝐫𝐲𝐬𝐭𝐚𝐥𝐥𝐢𝐳𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/industrial-crystallizers-market
𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐭𝐲 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/specialty-chemicals-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬 :
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Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :
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