Green Solvents Market Growth | Eco-Friendly Solvent Trends & Forecast 2025 | Leading key players - Vertec Biosolvents, Akzo Nobel NV, The Dow Chemical Company.

The Green Solvents Market is expected to grow at a CAGR 4.9% during the forecasting period (2024-2031).

The Green Solvents Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.

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The Green Solvents Market refers to the industry focused on environmentally friendly solvents derived from renewable resources. These solvents offer low toxicity, high biodegradability, and reduced volatile organic compound (VOC) emissions. Widely used in industries such as paints, coatings, pharmaceuticals, and cleaning products, green solvents support sustainable practices and regulatory compliance by minimizing environmental and health hazards associated with traditional solvents.

Major players in the Green Solvents Market

The prominent players in Green Solvents market research report are: 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., and others.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Market Dynamics:

The global green solvents market is gaining momentum, largely fueled by the growth of key end-user industries such as automotive, construction, healthcare, and especially cosmetics. These eco-friendly solvents offer several benefits they're easy to handle, have excellent adhesion properties, emit no harmful gases, and are economically viable.

A major growth driver is the increasing focus on reducing volatile organic compound (VOC) emissions. Green solvents help limit smog formation and support environmental protection efforts, making them an attractive alternative across industries.

Notably, the cosmetic sector plays a crucial role in driving demand. According to IBISWorld, cosmetic sales rose by 11.5% between 2014 and 2018, reaching $12 billion in revenue in 2018. Green solvents are used extensively in cosmetic formulations to improve dissolution, optimize viscosity, and enhance mixing. As the cosmetics market continues to expand, its positive impact on the green solvents industry is expected to grow in parallel.

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Market Segments

By Type: Esters, Alcohols, Diols & Glycols, D-Limonene.

By Application: Adhesives & Sealants, Paints & Coatings, Pharmaceuticals, Printing Inks, Industrial and domestic cleaners.

The Green Solvents industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Green Solvents Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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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