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Green and Bio-Based Solvent-Global Market Insights and Sales Trends 2024
Synopsis
Green solvents are environmentally friendly solvents or biosolvents derived from biomass, such as plants, trees or animals (the biomass can have undergone physical, chemical or biological treatment).
Green & bio-based solvents are characterized by low toxicity, low miscibility, higher boiling point, less odor, and easy recycling process. Thus, green & bio-based solvents are eco-friendly. These properties or inherent advantages makes them suitable for usage in various applications.
The global Green and Bio-Based Solvent market size is expected to reach US$ 8843.7 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Green and Bio-Based Solvent in various end use industries. The expanding demands from the Paints & Coatings, Industrial & Domestic Cleaners, Adhesives and Printing Inks, are propelling Green and Bio-Based Solvent 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 Bio-glycols segment is estimated at % CAGR for the next seven-year period.
Global Green and Bio Solvents key players include BASF SE, Archer Daniels Midland Company, The DOW Chemical Company, Huntsman Corporation, E.I. Dupont De Nemours & Co., etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 35%, followed by Europe, Asian and Pacific Region, with a share about 45 percent.
In terms of product, Lactate Esters is the largest segment, with a share nearly 30%. And in terms of application, the largest application is Paints and Coatings, followed by Pharmaceuticals, Industrial and Domestic Cleaners, Cosmetics, etc.
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 Green and Bio-Based Solvent, 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 Green and Bio-Based Solvent 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 Green and Bio-Based Solvent market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green and Bio-Based Solvent 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 Green and Bio-Based Solvent covered in this report include Archer Daniels Midland, BASF, DowDuPont, Huntsman Corporation, Corbin, Vertec Biosovent, Cargill, BioAmber and Galatic, etc.
The global Green and Bio-Based Solvent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Archer Daniels Midland
BASF
DowDuPont
Huntsman Corporation
Corbin
Vertec Biosovent
Cargill
BioAmber
Galatic
Florida Chemical Company
Global Green and Bio-Based Solvent 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 Green and Bio-Based Solvent market, Segment by Type:
Bio-alcohols
Bio-glycols
Bio-diols
Lactate Esters
D-limonene
Methyl Soyate
Others
Global Green and Bio-Based Solvent market, by Application
Paints & Coatings
Industrial & Domestic Cleaners
Adhesives
Printing Inks
Pharmaceuticals
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 Green and Bio-Based Solvent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green and Bio-Based Solvent 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.
Green solvents are environmentally friendly solvents or biosolvents derived from biomass, such as plants, trees or animals (the biomass can have undergone physical, chemical or biological treatment).
Green & bio-based solvents are characterized by low toxicity, low miscibility, higher boiling point, less odor, and easy recycling process. Thus, green & bio-based solvents are eco-friendly. These properties or inherent advantages makes them suitable for usage in various applications.
The global Green and Bio-Based Solvent market size is expected to reach US$ 8843.7 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Green and Bio-Based Solvent in various end use industries. The expanding demands from the Paints & Coatings, Industrial & Domestic Cleaners, Adhesives and Printing Inks, are propelling Green and Bio-Based Solvent 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 Bio-glycols segment is estimated at % CAGR for the next seven-year period.
Global Green and Bio Solvents key players include BASF SE, Archer Daniels Midland Company, The DOW Chemical Company, Huntsman Corporation, E.I. Dupont De Nemours & Co., etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 35%, followed by Europe, Asian and Pacific Region, with a share about 45 percent.
In terms of product, Lactate Esters is the largest segment, with a share nearly 30%. And in terms of application, the largest application is Paints and Coatings, followed by Pharmaceuticals, Industrial and Domestic Cleaners, Cosmetics, etc.
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 Green and Bio-Based Solvent, 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 Green and Bio-Based Solvent 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 Green and Bio-Based Solvent market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green and Bio-Based Solvent 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 Green and Bio-Based Solvent covered in this report include Archer Daniels Midland, BASF, DowDuPont, Huntsman Corporation, Corbin, Vertec Biosovent, Cargill, BioAmber and Galatic, etc.
The global Green and Bio-Based Solvent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Archer Daniels Midland
BASF
DowDuPont
Huntsman Corporation
Corbin
Vertec Biosovent
Cargill
BioAmber
Galatic
Florida Chemical Company
Global Green and Bio-Based Solvent 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 Green and Bio-Based Solvent market, Segment by Type:
Bio-alcohols
Bio-glycols
Bio-diols
Lactate Esters
D-limonene
Methyl Soyate
Others
Global Green and Bio-Based Solvent market, by Application
Paints & Coatings
Industrial & Domestic Cleaners
Adhesives
Printing Inks
Pharmaceuticals
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 Green and Bio-Based Solvent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green and Bio-Based Solvent 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 Green and Bio-Based Solvent Market Overview
1.1 Green and Bio-Based Solvent Product Overview
1.2 Green and Bio-Based Solvent Market Segment by Type
1.2.1 Bio-alcohols
1.2.2 Bio-glycols
1.2.3 Bio-diols
1.2.4 Lactate Esters
1.2.5 D-limonene
1.2.6 Methyl Soyate
1.2.7 Others
1.3 Global Green and Bio-Based Solvent Market Size by Type
1.3.1 Global Green and Bio-Based Solvent Market Size Overview by Type (2018-2029)
1.3.2 Global Green and Bio-Based Solvent Historic Market Size Review by Type (2018-2023)
1.3.3 Global Green and Bio-Based Solvent Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Green and Bio-Based Solvent Sales Breakdown by Type (2018-2023)
1.4.2 Europe Green and Bio-Based Solvent Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Green and Bio-Based Solvent Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Green and Bio-Based Solvent Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Green and Bio-Based Solvent Sales Breakdown by Type (2018-2023)
2 Global Green and Bio-Based Solvent Market Competition by Company
2.1 Global Top Players by Green and Bio-Based Solvent Sales (2018-2023)
2.2 Global Top Players by Green and Bio-Based Solvent Revenue (2018-2023)
2.3 Global Top Players by Green and Bio-Based Solvent Price (2018-2023)
2.4 Global Top Manufacturers Green and Bio-Based Solvent Manufacturing Base Distribution, Sales Area, Product Type
2.5 Green and Bio-Based Solvent Market Competitive Situation and Trends
2.5.1 Green and Bio-Based Solvent Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Green and Bio-Based Solvent 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 Green and Bio-Based Solvent as of 2022)
2.7 Date of Key Manufacturers Enter into Green and Bio-Based Solvent Market
2.8 Key Manufacturers Green and Bio-Based Solvent Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Green and Bio-Based Solvent Status and Outlook by Region
3.1 Global Green and Bio-Based Solvent Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Green and Bio-Based Solvent Historic Market Size by Region
3.2.1 Global Green and Bio-Based Solvent Sales in Volume by Region (2018-2023)
3.2.2 Global Green and Bio-Based Solvent Sales in Value by Region (2018-2023)
3.2.3 Global Green and Bio-Based Solvent Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Green and Bio-Based Solvent Forecasted Market Size by Region
3.3.1 Global Green and Bio-Based Solvent Sales in Volume by Region (2024-2029)
3.3.2 Global Green and Bio-Based Solvent Sales in Value by Region (2024-2029)
3.3.3 Global Green and Bio-Based Solvent Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Green and Bio-Based Solvent by Application
4.1 Green and Bio-Based Solvent Market Segment by Application
4.1.1 Paints & Coatings
4.1.2 Industrial & Domestic Cleaners
4.1.3 Adhesives
4.1.4 Printing Inks
4.1.5 Pharmaceuticals
4.1.6 Cosmetics
4.1.7 Others
4.2 Global Green and Bio-Based Solvent Market Size by Application
4.2.1 Global Green and Bio-Based Solvent Market Size Overview by Application (2018-2029)
4.2.2 Global Green and Bio-Based Solvent Historic Market Size Review by Application (2018-2023)
4.2.3 Global Green and Bio-Based Solvent Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Green and Bio-Based Solvent Sales Breakdown by Application (2018-2023)
4.3.2 Europe Green and Bio-Based Solvent Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Green and Bio-Based Solvent Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Green and Bio-Based Solvent Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Green and Bio-Based Solvent Sales Breakdown by Application (2018-2023)
5 North America Green and Bio-Based Solvent by Country
5.1 North America Green and Bio-Based Solvent Historic Market Size by Country
5.1.1 North America Green and Bio-Based Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Green and Bio-Based Solvent Sales in Volume by Country (2018-2023)
5.1.3 North America Green and Bio-Based Solvent Sales in Value by Country (2018-2023)
5.2 North America Green and Bio-Based Solvent Forecasted Market Size by Country
5.2.1 North America Green and Bio-Based Solvent Sales in Volume by Country (2024-2029)
5.2.2 North America Green and Bio-Based Solvent Sales in Value by Country (2024-2029)
6 Europe Green and Bio-Based Solvent by Country
6.1 Europe Green and Bio-Based Solvent Historic Market Size by Country
6.1.1 Europe Green and Bio-Based Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Green and Bio-Based Solvent Sales in Volume by Country (2018-2023)
6.1.3 Europe Green and Bio-Based Solvent Sales in Value by Country (2018-2023)
6.2 Europe Green and Bio-Based Solvent Forecasted Market Size by Country
6.2.1 Europe Green and Bio-Based Solvent Sales in Volume by Country (2024-2029)
6.2.2 Europe Green and Bio-Based Solvent Sales in Value by Country (2024-2029)
7 Asia-Pacific Green and Bio-Based Solvent by Region
7.1 Asia-Pacific Green and Bio-Based Solvent Historic Market Size by Region
7.1.1 Asia-Pacific Green and Bio-Based Solvent Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Green and Bio-Based Solvent Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Green and Bio-Based Solvent Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Green and Bio-Based Solvent Forecasted Market Size by Region
7.2.1 Asia-Pacific Green and Bio-Based Solvent Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Green and Bio-Based Solvent Sales in Value by Region (2024-2029)
8 Latin America Green and Bio-Based Solvent by Country
8.1 Latin America Green and Bio-Based Solvent Historic Market Size by Country
8.1.1 Latin America Green and Bio-Based Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Green and Bio-Based Solvent Sales in Volume by Country (2018-2023)
8.1.3 Latin America Green and Bio-Based Solvent Sales in Value by Country (2018-2023)
8.2 Latin America Green and Bio-Based Solvent Forecasted Market Size by Country
8.2.1 Latin America Green and Bio-Based Solvent Sales in Volume by Country (2024-2029)
8.2.2 Latin America Green and Bio-Based Solvent Sales in Value by Country (2024-2029)
9 Middle East and Africa Green and Bio-Based Solvent by Country
9.1 Middle East and Africa Green and Bio-Based Solvent Historic Market Size by Country
9.1.1 Middle East and Africa Green and Bio-Based Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Green and Bio-Based Solvent Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Green and Bio-Based Solvent Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Green and Bio-Based Solvent Forecasted Market Size by Country
9.2.1 Middle East and Africa Green and Bio-Based Solvent Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Green and Bio-Based Solvent Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Archer Daniels Midland
10.1.1 Archer Daniels Midland Company Information
10.1.2 Archer Daniels Midland Introduction and Business Overview
10.1.3 Archer Daniels Midland Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Archer Daniels Midland Green and Bio-Based Solvent Products Offered
10.1.5 Archer Daniels Midland Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Green and Bio-Based Solvent Products Offered
10.2.5 BASF Recent Development
10.3 DowDuPont
10.3.1 DowDuPont Company Information
10.3.2 DowDuPont Introduction and Business Overview
10.3.3 DowDuPont Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DowDuPont Green and Bio-Based Solvent Products Offered
10.3.5 DowDuPont Recent Development
10.4 Huntsman Corporation
10.4.1 Huntsman Corporation Company Information
10.4.2 Huntsman Corporation Introduction and Business Overview
10.4.3 Huntsman Corporation Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Huntsman Corporation Green and Bio-Based Solvent Products Offered
10.4.5 Huntsman Corporation Recent Development
10.5 Corbin
10.5.1 Corbin Company Information
10.5.2 Corbin Introduction and Business Overview
10.5.3 Corbin Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Corbin Green and Bio-Based Solvent Products Offered
10.5.5 Corbin Recent Development
10.6 Vertec Biosovent
10.6.1 Vertec Biosovent Company Information
10.6.2 Vertec Biosovent Introduction and Business Overview
10.6.3 Vertec Biosovent Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Vertec Biosovent Green and Bio-Based Solvent Products Offered
10.6.5 Vertec Biosovent Recent Development
10.7 Cargill
10.7.1 Cargill Company Information
10.7.2 Cargill Introduction and Business Overview
10.7.3 Cargill Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cargill Green and Bio-Based Solvent Products Offered
10.7.5 Cargill Recent Development
10.8 BioAmber
10.8.1 BioAmber Company Information
10.8.2 BioAmber Introduction and Business Overview
10.8.3 BioAmber Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BioAmber Green and Bio-Based Solvent Products Offered
10.8.5 BioAmber Recent Development
10.9 Galatic
10.9.1 Galatic Company Information
10.9.2 Galatic Introduction and Business Overview
10.9.3 Galatic Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Galatic Green and Bio-Based Solvent Products Offered
10.9.5 Galatic Recent Development
10.10 Florida Chemical Company
10.10.1 Florida Chemical Company Company Information
10.10.2 Florida Chemical Company Introduction and Business Overview
10.10.3 Florida Chemical Company Green and Bio-Based Solvent Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Florida Chemical Company Green and Bio-Based Solvent Products Offered
10.10.5 Florida Chemical Company Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Green and Bio-Based Solvent 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 Green and Bio-Based Solvent Industrial Chain Analysis
11.4 Green and Bio-Based Solvent Market Dynamics
11.4.1 Green and Bio-Based Solvent Industry Trends
11.4.2 Green and Bio-Based Solvent Market Drivers
11.4.3 Green and Bio-Based Solvent Market Challenges
11.4.4 Green and Bio-Based Solvent Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Green and Bio-Based Solvent Distributors
12.3 Green and Bio-Based Solvent 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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