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Bio Solvents Market Rugged Expansion Foreseen by 2026

Global Bio-solvents Market: Introduction

Solvents are chemical substances that find commercial application across a diverse set of industries. Solvents are ubiquitous in that several million tons of these are used annually across industries ranging from paints & coatings, textiles, plastics & rubber, pharmaceuticals, oil & gas, construction, chemical synthesis, among others. Global solvents market is characterized by dominance of conventional petroleum feedstock based solvents across aforementioned industries. Such wide-scale use of these petroleum based solvents is reported to have engendered significant environmental ill-effects. Thus, growing environmental concern, over the past decade, has prompted regulatory authorities to implement stringent regulations directed towards addressing the menace of such harmful chemical substances. Bio-based solvents or simply bio-solvents, unlike petroleum based solvents, are produced using green, environmentally friendly feedstock and hence are carbon neutral, free from volatile organic compounds (VOCs), non-toxic and sustainable alternatives for application across industries. The commonly used feedstock for production of these bio-solvents include cellulose, sugars, oils & fats, agricultural products, among others.

To access full report @ http://www.persistencemarketresearch.com/market-research/bio-solvents-market.asp

Global Bio-solvents Market: Dynamics

Global bio-solvents market is expected to witness robust growth during forecast period. Over recent past, there have been significant advances in development of sustainable bio-solvents that are efficient and efficacious as compared to petroleum based solvents, moreover, such developments are expected to gather momentum over the forecast period. This, coupled with increasing adoption and penetration of these bio-solvents across key end use industries is expected to drive growth of global bio-solvents market during forecast period. Also, steady growth of key end use industries such as paints & coatings, industrial cleaning, agrochemicals, textiles & printing inks, and adhesives & sealants, among others especially across developing regions of the globe is expected to further propel the market for bio-solvents during forecast period. However, concerns as regards the effectiveness of these alternative solvents vis-a-vis comparative grades of petroleum based solvents is one of the factors that is likely to impede the growth of global bio-solvents market during initial part of forecast period. Also, relatively less stringent or absence of regulations pertaining to use of sustainable alternatives coupled with lack of awareness regarding such alternatives is likely to act as an impediment to growth of global bio-solvents market during forecast period. Also, relatively higher prices is another factor that is likely to affect the adoption of bio-solvents in certain parts of the globe during forecast period.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12169

Global Bio-solvents Market: Segmentation

Various types of bio-based solvents are available in the market for industrial and commercial applications. Based on product type, global bio-solvents market can be segmented as follows:

Bio-alcohols
Methanol
Ethanol
Butanol
Propanol
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
On the basis of end use industries, the global Bio-solvents Market can be segmented as follows:

Paints & Coatings
Adhesives & Coatings
Printing inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/12169

Global Bio-solvents Market: Regional Outlook

Global bio-solvents market can be divided into seven major segments including North America, Eastern Europe, Asia Pacific, Japan, Latin America, Western Europe and Middle East and Africa. Global Bio-solvents Market is dominated by North America and Europe owing, primarily, to stringent regulations underlining the use of such products. APAC dominates supply of raw materials used for production of bio-solvents. Adoption of bio-solvents in the region is relatively low, however, it is expected to register relatively faster growth during forecast period, spearheaded by China

Global Bio-solvents Market: Market Players

Competition landscape in global bio-solvents market is characterized by presence of companies that are channelizing efforts towards application-development so also towards improving process economics and efficiencies. Global Bio-solvents market is characterized by Some of the players operating in global bio-solvents market include Dow Chemical Company, BASF SE, BioAmber Inc., Cargill, Incorporated., Stepan Company, Archer Daniels Midland Company, Corbion, Vertec Bio-solvents & Carbon Neutral, Shenzhen Esuns Industrial Co., Ltd, Huntsman International LLC., and Florida Chemical Company, among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain
Regional analysis includes:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Report highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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