Green Solvent and Bio-Solvents Market Global Industry Analysis, Trends and Forecast, 2019

A solvent is generally any liquid (could be solid or gas also), which has the capacity to dissolve a substance (solute) in it resulting in the formation of a solution. The solvent market has seen a rise in the last few years, which has caused high levels of toxic emission in the atmosphere. Traditional solvents emit VOC (volatile organic compounds) and are being increasingly used in paints, aerosol, and in other similar industries. With environmental regulations to lower the emissions of VOC and bio-solvents or green-solvents have seen a growth in the past few years.

Obtain Report Details @
http://www.transparencymarketresearch.com/green-solvent-bio-solvent.html

The bio-solvent market is segmented based on applications such as paints and coating, adhesive, pharmaceuticals and cosmetics, and printing ink. Based on product type, bio solvents are categorized as soy methyl esters, lactate esters, specific fatty acid esters, D-Limonene, and polyhydroxyalkanoates. Based on geography, the bio-solvent market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The primary reasons for the growth of the bio-solvents market is the increased demand for its applications like paints, and coating and printing inks. Developing countries like India, China, Brazil, and Russia are heavily contributing to the growth in the application market. Moreover, increased environmental awareness is shifting consumer preference towards bio-based and greener products. Since bio-solvents are VOC free, the consumers are not at risk of being exposed to harmful chemicals and this is an important reason for the growth of this market.

The only point of concern for the market is cost effective production. Currently, due to limited technological expansion in the bio-solvent production process, the cost is much higher than the one involved in the production process of traditional solvents and this is acting as a major restraint for the market. The biggest opportunity lies with improving the technology to produce cost effective methods of production. There is also a great scope in applications like pharmaceuticals and cosmetics as these markets are expected to grow owing to the increasing population and disposable income of countries like India and China. Some of the key players in this market include Vertex BioSolvents Inc, Cytosol BioSolvents, Rhodia, Liberty Chemicals , and American National Bio Solvents LLC.

Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1466

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.