Green & Bio-Based Solvents Market to touch USD 10,680.5 Million by the end of 2024

The global Green & Bio-Based Solvents Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.

According to the global Green & Bio-Based Solvents Market report published by Value Market Research, the market is expected to touch USD 10,680.5 Million by 2024, with a CAGR of 7.5% growing from USD 6,495.5 Million in 2017. 

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the green & bio-based solvents market includes Cargill Inc., Vertec Biosolvents Inc., BioAmber Inc., BioMCN, Corbion NV, Galactic, Archer Daniels Midland Company, Florida Chemical Company, Elevance Renewable Sciences, Inc, and Cobalt Technologies. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

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Market Dynamics

Fluctuating price of crude oil, adverse impact on the environment due to volatile organic compounds and rising adoption of green solvents in the end-user industries such as paints and coating, printing inks and others are the prime factors driving the growth of global green solvents market. On the other hand, high production cost limits the market growth to a certain extent.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of green & bio-based solvents.

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Market Segmentation

The broad green & bio-based solvents market has been sub-grouped into product, and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Product

Bio-Based Methanol
Bio-Based Ethanol
Bio-Based Propanol
Bio-Based Butanol
Bio-Based Propylene Glycol
Ethyl Lactate
D-Limonene
Methyl Soyate
Others

By Application

Paints & Coatings
Printing Inks
Commercial & Domestic Cleaning
Adhesives & Sealants
Pharmaceutical
Cosmetics
Others

Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for green & bio-based solvents in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

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