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Bio-Solvents-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Bio-Solvents market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Bio-Solvents in various end use industries. The expanding demands from the Paints & Coatings, Adhesives & Coatings, Printing Inks and Pharmaceuticals, are propelling Bio-Solvents market. Bio-Alcohols, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glycerol Carbonates segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bio-Solvents, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bio-Solvents market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bio-Solvents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bio-Solvents sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bio-Solvents covered in this report include Dow Chemical Company, BASF, Cargill, Stepan Company, Archer Daniels Midland Company, Corbion, Huntsman International and Florida Chemical Company, etc.
The global Bio-Solvents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow Chemical Company
BASF
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
Global Bio-Solvents market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bio-Solvents market, Segment by Type:
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
Global Bio-Solvents market, by Application
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bio-Solvents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bio-Solvents in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Bio-Solvents market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Bio-Solvents in various end use industries. The expanding demands from the Paints & Coatings, Adhesives & Coatings, Printing Inks and Pharmaceuticals, are propelling Bio-Solvents market. Bio-Alcohols, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glycerol Carbonates segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bio-Solvents, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bio-Solvents market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bio-Solvents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bio-Solvents sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bio-Solvents covered in this report include Dow Chemical Company, BASF, Cargill, Stepan Company, Archer Daniels Midland Company, Corbion, Huntsman International and Florida Chemical Company, etc.
The global Bio-Solvents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow Chemical Company
BASF
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
Global Bio-Solvents market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bio-Solvents market, Segment by Type:
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
Global Bio-Solvents market, by Application
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bio-Solvents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bio-Solvents in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Bio-Solvents Market Overview
1.1 Bio-Solvents Product Overview
1.2 Bio-Solvents Market Segment by Type
1.2.1 Bio-Alcohols
1.2.2 Glycerol Carbonates
1.2.3 Bio-Glycols
1.2.4 D-Limonene
1.2.5 Lactate Esters
1.2.6 Others
1.3 Global Bio-Solvents Market Size by Type
1.3.1 Global Bio-Solvents Market Size Overview by Type (2018-2029)
1.3.2 Global Bio-Solvents Historic Market Size Review by Type (2018-2023)
1.3.3 Global Bio-Solvents Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Bio-Solvents Sales Breakdown by Type (2018-2023)
1.4.2 Europe Bio-Solvents Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Bio-Solvents Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Bio-Solvents Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Bio-Solvents Sales Breakdown by Type (2018-2023)
2 Global Bio-Solvents Market Competition by Company
2.1 Global Top Players by Bio-Solvents Sales (2018-2023)
2.2 Global Top Players by Bio-Solvents Revenue (2018-2023)
2.3 Global Top Players by Bio-Solvents Price (2018-2023)
2.4 Global Top Manufacturers Bio-Solvents Manufacturing Base Distribution, Sales Area, Product Type
2.5 Bio-Solvents Market Competitive Situation and Trends
2.5.1 Bio-Solvents Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Bio-Solvents Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Bio-Solvents as of 2022)
2.7 Date of Key Manufacturers Enter into Bio-Solvents Market
2.8 Key Manufacturers Bio-Solvents Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Bio-Solvents Status and Outlook by Region
3.1 Global Bio-Solvents Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Bio-Solvents Historic Market Size by Region
3.2.1 Global Bio-Solvents Sales in Volume by Region (2018-2023)
3.2.2 Global Bio-Solvents Sales in Value by Region (2018-2023)
3.2.3 Global Bio-Solvents Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Bio-Solvents Forecasted Market Size by Region
3.3.1 Global Bio-Solvents Sales in Volume by Region (2024-2029)
3.3.2 Global Bio-Solvents Sales in Value by Region (2024-2029)
3.3.3 Global Bio-Solvents Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Bio-Solvents by Application
4.1 Bio-Solvents Market Segment by Application
4.1.1 Paints & Coatings
4.1.2 Adhesives & Coatings
4.1.3 Printing Inks
4.1.4 Pharmaceuticals
4.1.5 Agrochemicals
4.1.6 Food & Beverages
4.1.7 Personal Care & Cosmetics
4.1.8 Others
4.2 Global Bio-Solvents Market Size by Application
4.2.1 Global Bio-Solvents Market Size Overview by Application (2018-2029)
4.2.2 Global Bio-Solvents Historic Market Size Review by Application (2018-2023)
4.2.3 Global Bio-Solvents Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Bio-Solvents Sales Breakdown by Application (2018-2023)
4.3.2 Europe Bio-Solvents Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Bio-Solvents Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Bio-Solvents Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Bio-Solvents Sales Breakdown by Application (2018-2023)
5 North America Bio-Solvents by Country
5.1 North America Bio-Solvents Historic Market Size by Country
5.1.1 North America Bio-Solvents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Bio-Solvents Sales in Volume by Country (2018-2023)
5.1.3 North America Bio-Solvents Sales in Value by Country (2018-2023)
5.2 North America Bio-Solvents Forecasted Market Size by Country
5.2.1 North America Bio-Solvents Sales in Volume by Country (2024-2029)
5.2.2 North America Bio-Solvents Sales in Value by Country (2024-2029)
6 Europe Bio-Solvents by Country
6.1 Europe Bio-Solvents Historic Market Size by Country
6.1.1 Europe Bio-Solvents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Bio-Solvents Sales in Volume by Country (2018-2023)
6.1.3 Europe Bio-Solvents Sales in Value by Country (2018-2023)
6.2 Europe Bio-Solvents Forecasted Market Size by Country
6.2.1 Europe Bio-Solvents Sales in Volume by Country (2024-2029)
6.2.2 Europe Bio-Solvents Sales in Value by Country (2024-2029)
7 Asia-Pacific Bio-Solvents by Region
7.1 Asia-Pacific Bio-Solvents Historic Market Size by Region
7.1.1 Asia-Pacific Bio-Solvents Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Bio-Solvents Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Bio-Solvents Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Bio-Solvents Forecasted Market Size by Region
7.2.1 Asia-Pacific Bio-Solvents Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Bio-Solvents Sales in Value by Region (2024-2029)
8 Latin America Bio-Solvents by Country
8.1 Latin America Bio-Solvents Historic Market Size by Country
8.1.1 Latin America Bio-Solvents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Bio-Solvents Sales in Volume by Country (2018-2023)
8.1.3 Latin America Bio-Solvents Sales in Value by Country (2018-2023)
8.2 Latin America Bio-Solvents Forecasted Market Size by Country
8.2.1 Latin America Bio-Solvents Sales in Volume by Country (2024-2029)
8.2.2 Latin America Bio-Solvents Sales in Value by Country (2024-2029)
9 Middle East and Africa Bio-Solvents by Country
9.1 Middle East and Africa Bio-Solvents Historic Market Size by Country
9.1.1 Middle East and Africa Bio-Solvents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Bio-Solvents Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Bio-Solvents Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Bio-Solvents Forecasted Market Size by Country
9.2.1 Middle East and Africa Bio-Solvents Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Bio-Solvents Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dow Chemical Company
10.1.1 Dow Chemical Company Company Information
10.1.2 Dow Chemical Company Introduction and Business Overview
10.1.3 Dow Chemical Company Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dow Chemical Company Bio-Solvents Products Offered
10.1.5 Dow Chemical Company Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Bio-Solvents Products Offered
10.2.5 BASF Recent Development
10.3 Cargill
10.3.1 Cargill Company Information
10.3.2 Cargill Introduction and Business Overview
10.3.3 Cargill Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Cargill Bio-Solvents Products Offered
10.3.5 Cargill Recent Development
10.4 Stepan Company
10.4.1 Stepan Company Company Information
10.4.2 Stepan Company Introduction and Business Overview
10.4.3 Stepan Company Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Stepan Company Bio-Solvents Products Offered
10.4.5 Stepan Company Recent Development
10.5 Archer Daniels Midland Company
10.5.1 Archer Daniels Midland Company Company Information
10.5.2 Archer Daniels Midland Company Introduction and Business Overview
10.5.3 Archer Daniels Midland Company Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Archer Daniels Midland Company Bio-Solvents Products Offered
10.5.5 Archer Daniels Midland Company Recent Development
10.6 Corbion
10.6.1 Corbion Company Information
10.6.2 Corbion Introduction and Business Overview
10.6.3 Corbion Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Corbion Bio-Solvents Products Offered
10.6.5 Corbion Recent Development
10.7 Huntsman International
10.7.1 Huntsman International Company Information
10.7.2 Huntsman International Introduction and Business Overview
10.7.3 Huntsman International Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Huntsman International Bio-Solvents Products Offered
10.7.5 Huntsman International Recent Development
10.8 Florida Chemical Company
10.8.1 Florida Chemical Company Company Information
10.8.2 Florida Chemical Company Introduction and Business Overview
10.8.3 Florida Chemical Company Bio-Solvents Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Florida Chemical Company Bio-Solvents Products Offered
10.8.5 Florida Chemical Company Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Bio-Solvents Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Bio-Solvents Industrial Chain Analysis
11.4 Bio-Solvents Market Dynamics
11.4.1 Bio-Solvents Industry Trends
11.4.2 Bio-Solvents Market Drivers
11.4.3 Bio-Solvents Market Challenges
11.4.4 Bio-Solvents Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Bio-Solvents Distributors
12.3 Bio-Solvents Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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