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.
This report contains market size and forecasts of Green and Bio Solvents in global, including the following market information:
Global Green and Bio Solvents Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Green and Bio Solvents Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Green and Bio Solvents companies in 2021 (%)
The global Green and Bio Solvents market was valued at 7315.8 million in 2021 and is projected to reach US$ 11300 million by 2028, at a CAGR of 6.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bioalcohols Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Green and Bio Solvents include Archer Daniels Midland Company, BASF SE, Huntsman Corporation, DuPont, Vertec Biosolvents Inc, Florida Chemicals Company Inc, Cargill Inc, Galactic and LyondellBasell, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Green and Bio Solvents manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Green and Bio Solvents Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Green and Bio Solvents Market Segment Percentages, by Type, 2021 (%)
Bioalcohols
Bio-Glycols&Diols
Lactate Esters
D-Limonene
Methyl Soyate
Others
Global Green and Bio Solvents Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Green and Bio Solvents Market Segment Percentages, by Application, 2021 (%)
Industrial and Domestic Cleaners
Paints and Coatings
Adhesives
Pharmaceuticals
Cosmetics
Others
Global Green and Bio Solvents Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Green and Bio Solvents Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Green and Bio Solvents revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Green and Bio Solvents revenues share in global market, 2021 (%)
Key companies Green and Bio Solvents sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Green and Bio Solvents sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Archer Daniels Midland Company
BASF SE
Huntsman Corporation
DuPont
Vertec Biosolvents Inc
Florida Chemicals Company Inc
Cargill Inc
Galactic
LyondellBasell
Gevo
Pinova Holding INC
Myriant
Solvay