Global Green and Bio Solvents Market 2023-2027
Technavio has been monitoring the green and bio solvents market and is forecast to grow by $6,285.08 mn during 2022-2027, accelerating at a CAGR of 9.65% during the forecast period. Our report on the green and bio solvents market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by acceptance among numerous end-user industries, favorable government regulations, and increasing demand for environment-friendly products from emerging economies.
Technavio's green and bio solvents market is segmented as below:
- Paints and coatings
- Printing inks
- Cleaning products
- Adhesives and sealants
- Lactate esters
- Methyl soyate solvents
- North America
- South America
- Middle East and Africa
This study identifies environmental awareness as one of the prime reasons driving the green and bio solvents market growth during the next few years. Also, evolution of green chemistry in the chemical industry and increasing investments in r and d activities will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the green and bio solvents market covers the following areas:
- Green and bio solvents market sizing
- Green and bio solvents market forecast
- Green and bio solvents market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading green and bio solvents market vendors that include Archer Daniels Midland Co., BASF SE, Braskem SA, Cargill Inc., Circa Group AS, Comindex SA, Corbion NV, CREMER OLEO GmbH and Co. KG, DuPont de Nemours Inc., Elevance Renewable Sciences Inc., GFBiochemicals Ltd., Huntsman Corp., India Glycols Ltd., Liberty Chemicals Srl, Roquette Freres SA, Solvay SA, Stepan Co., Vertec Biosolvents Inc., Yancheng Hongtai Bioengineering Co. Ltd., and Yancheng Huade Biological Engineering Co. Ltd. Also, the green and bio solvents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.