Green and Bio-Solvents Market to surpass USD 6.24 billion by 2030, growing at a CAGR of 5.1%: Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, December 18, 2023 /EINPresswire.com/ -- Latest released the research study on Global Green and Bio-Solvents Market, offers a detailed overview of the factors influencing the global business scope. The Green and Bio-Solvents Market report is a valuable source of insightful data for business strategists. The market report starts off by providing some fundamental details, such as industrial definitions, classifications, a variety of applications, and the Green and Bio-Solvents industrial chain architecture. The study will assist industry participants and market consultants to understand the continuing structure of the Market. Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The global green and bio-solvents market was valued at 4.40 billion in 2022 and is projected to reach 6.24 billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030.

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Significant Players Covered in the Green and Bio-Solvents Market Report:

BASF SE, Cargill Inc., Clariant, DuPont, Huntsman Corp, LyondellBasell Industries, Holdings B.V., OQ SAOC, Sasol, Solvay S.A, Vertec Biosolvents Inc., Cremer Oleo GmbH & Co. KG, GF Biochemicals, and others, and Others.

Industry News:

In April 2019, Braskem introduced HE-70S, a partially renewable solvent produced from sugarcane ethanol. This new product will help the company to expand its chemical product portfolio.

In April 2019, Merck launched Cyrene, a new sustainable dipolar aprotic solvent. The new bio-derived product is a nontoxic alternative for N-Methyl-2-pyrrolidone, and Dimethylformamide solvents.

Global Green and Bio-Solvents Market Segmentation:

Green and Bio-Solvents Market by Type, 2023-2030, (USD Billion) (Thousand Liters)

Bioalcohols

Bio Diols

Biogycols

Lactate Esters

D Limonene

Green and Bio-Solvents Market by Application, 2023-2030, (USD Billion) (Thousand Liters)

Adhesives & Sealants

Printing Ink

Industrial & Domestic Cleaners

Paints & Coatings

Regional Analysis for Green and Bio-Solvents Market:

North American (USA, Canada, North America, Mexico),

European (Germany, France, UK, Russia, Italy),

Asia Pacific (China, Japan, South Korea, Asian Countries, India, Southeast Asia),

South American (Brazil, Argentina ) , Colombia, etc.),

Middle East and Africa (Saudi Peninsula, UAE, Egypt, Nigeria, South Africa)

North America is the largest market for green and bio-solvents. It has been a pioneer in terms of demand, product innovation, and the creation of applications. The US, which commands a sizable portion of the North American market, together with Canada and Mexico, are the important nations. Although it is a small market, Mexico has seen encouraging demand, which is anticipated to continue soon. Government authorities and businesses in North America are being compelled by consumer demand for greener solvents to switch from petrochemical-based solvents to bio-solvents. Also, the rising availability of raw materials and the presence of significant manufacturers in North America can be largely blamed for the market’s expansion. The increase in demand for bio-solvents in North America, which is supported by rising consumer awareness and ongoing product innovation in terms of quality and application development, is another factor contributing to the regional market’s expansion.

Global Green and Bio-Solvents Market Report: Key Features

– A comprehensive global and regional analysis of the Green and Bio-Solvents market is also cited in this report.

– Provides detailed coverage of all industry segments in the Green and Bio-Solvents market to evaluate potential trends, development strategies, and industry size estimations as of 2030.

– The report referred to an in-depth assessment of companies that function in the global Green and Bio-Solvents market.

– Each industry participant’s company profile includes industry portfolio examination, sales revenue, SWOT analysis and recent developments.

– Growth projections examine product segments and regions where industry-leading contributors should focus on investment trends, production/consumption ratios, and more.

Read the full analysis report for better understanding (description, TOC, list of tables and figures, and much more):

https://exactitudeconsultancy.com/reports/31399/green-and-bio-solvents-market-2/

Key Benefits for Industry Participants and Stakeholders

Competitive landscape & strategies of key players

Historical, current, and projected market size, in terms of value

In-depth analysis of the Green and Bio-Solvents Market

Potential and niche segments and regions exhibiting promising growth covered

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

The research provides answers to the following key questions:

What is the projected market size of the Green and Bio-Solvents market by 2030?
What will be the normal portion of the overall industry for impending years?
What is the significant development driving components and restrictions of the worldwide Green and Bio-Solvents market across different geographic?
Who are the key sellers expected to lead the market for the appraisal time frame 2023 to 2030?
What is the moving and arising advances expected to influence the advancement of the worldwide market?
What are the development techniques received by the significant market sellers to remain ahead on the lookout?

Customisation of the Report:

Our report can be personalized to cater to your specific requirements. Please contact our sales team at ([email protected]) to discuss your customization needs. Our dedicated team will ensure that you receive a tailored report that aligns with your needs. You can also reach out to our executives at +1 (704) 266-3234 to share your research requirements.

Irfan T
Exactitude Consultancy
+1 704-266-3234
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