Press release
Green Solvents Market Poised for Growth: Innovation & Sustainability | Latest Companies - Vertec Biosolvents, Akzo Nobel NV, The Dow Chemical Company, Shenzen Esun Industrial Company Ltd.
Green Solvents Market is expected to grow at a high CAGR 4.9% during the forecasting period (2024-2031).Green Solvents Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Green solvents are environmentally friendly alternatives to traditional solvents, designed to reduce toxicity, volatility, and environmental impact. Derived from renewable sources or engineered for biodegradability, they are widely used in pharmaceuticals, coatings, and chemical processes to promote sustainable practices.
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List of the Key Players in the Green Solvents Market:
Vertec Biosolvents, Akzo Nobel NV, The Dow Chemical Company, Shenzen Esun Industrial Company Ltd., BASF SE, Cargill Incorporated, Lyondell Basell Industries NV, Nexant, Astrobio, Florida Chemical Company Inc.,
Industry Development:
The growth of end-user industries like automotive, construction, healthcare, and cosmetics is driving the green solvents market. These solvents offer advantages such as easy use, strong adhesion, non-toxic emissions, and cost-effectiveness. Rising concerns over volatile organic compounds (VOCs) further boost demand by reducing smog formation and environmental impact. The cosmetic industry, which grew by 11.5% from 2014-2018, increasingly relies on green solvents for dissolution, viscosity control, and mixing. Additionally, significant investments from bio-solvent manufacturers and research institutions are advancing green solvent technology.
Growth Forecast Projected:
The Global Green Solvents Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Green Solvents Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Green Solvents Market:
By Type: Esters, Alcohols, Diols & Glycols, D-Limonene
By Application: Adhesives & Sealants, Paints & Coatings, Pharmaceuticals, Printing Inks, Industrial and domestic cleaners
Regional Analysis for Green Solvents Market:
The regional analysis of the Green Solvents Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Green Solvents market?
➠ Who are the leading manufacturers in the global Green Solvents industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Green Solvents industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Green Solvents market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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