United States Green Solvents Market Outlook 2024-2031: Renewable, Low-Toxicity Alternatives Gain Traction in Adhesives, Coatings & Pharma

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

The Green Solvents market involves environmentally friendly solvents derived from renewable resources or designed to reduce toxicity. They are widely used in paints, coatings, adhesives, cleaning, and pharmaceuticals. Market growth is driven by regulatory restrictions on volatile organic compounds (VOCs) and rising sustainability awareness. Innovations in bio-based formulations improve performance and cost competitiveness. Expanding adoption in industrial and consumer applications accelerates growth.

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☛ Green Solvents Market Recent Developments 2025:

United States: Recent Industry Developments

✅ In March 2025, the global green solvent market was valued at about USD 1.9 billion (2023) and is forecast to reach USD 3.9 billion by 2032, growing at a CAGR of around 8.7%.

✅ In June 2024, Corbion secured a long-term supply agreement with BASF for lactic acid derivatives to be used in solvent applications across coatings and printing industries.

✅ In January 2024, Circa Group scaled up production of levoglucosenone ("Cyrene"), a bio-based solvent from waste biomass, positioning it as an alternative to traditional toxic solvents like NMP and DCM.

✅ In 2024, Solvay launched a green solvent line called MersolTM F-Green, which are fully biodegradable and aimed at the performance requirements of the coatings industry.

Japan: Recent Industry Developments

✅ By mid-2025, the market for green solvents is expected to surpass USD 5.5 billion by 2035, driven by growing applications in emerging sectors and strong regulatory pressure to reduce VOCs and environmental impact.

✅ In 2024-2025, chemical firms in Japan such as Mitsubishi Chemical, Kuraray, and Dai Nippon Printing made investments in bio-diols, lactate esters, and other green solvent alternatives, especially for electronics, packaging, and semiconductor cleaning.

✅ In 2024, BASF announced the expansion of its bio-based solvent facility in Ludwigshafen (Germany), targeting to double production of ethyl acetate and butyl lactate by 2026.

✅ Also in 2024, Eastman introduced OmniaTM, a green solvent made from renewable resources for applications including cleaning products, personal care, and industrial uses.

☛ Green Solvents Market Dynamics:

Green solvents-bio-based and low-toxicity alternatives-are gaining adoption across coatings, pharmaceuticals, and chemical processing to meet stricter environmental regulations and sustainability goals. They offer comparable solvency with reduced VOC emissions and improved worker safety.

Commercialization depends on cost parity, supply chain availability, and solvent performance in established processes. Industry-specific validation and green chemistry incentives promote faster migration from conventional solvents.

☛ Green Solvents Market Major Companines and ROI Analysis:

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.

Research Methodology

We employ a hybrid approach, integrating qualitative insights with robust quantitative analysis to deliver comprehensive and reliable market intelligence. The process starts with extensive secondary research, leveraging trusted industry publications, proprietary databases, and credible market sources. This foundation is then strengthened through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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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.

☛ This Report Covers:

✔ Comprehensive go-to-market strategy insights.

✔ An unbiased evaluation of market performance.

✔ In-depth analysis of development trends, competitive landscape, supply and demand dynamics, year-on-year growth, competitive benchmarking, vendor mapping, market access, and overall development status.

✔ Customized regional and country-level reports available on request, including detailed localized analysis.

✔ Identification of potential and niche segments/regions showcasing strong growth opportunities.

✔ Application of both top-down and bottom-up approaches for accurate regional market analysis.

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☛ Regional Analysis for Green Solvents Market:

⇥ 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)

☛ Frequently asked questions:

➠ What is the global sales, production, consumption, import, and export value of the Green Solvents Market?
➠ Who are the key global manufacturers, and what is their operational performance?
➠ What are the major opportunities and threats in the global Green Solvents Market?
➠ Which product types or end-users show the most growth potential and market share?
➠ What challenges and constraints are impacting the Green Solvents Market?
➠ What sales, marketing, and distribution channels are used globally?

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