Green & Bio-Solvents Market size, in
terms of value is estimated to be about USD 5.58 Billion in 2015 and is
projected to reach USD 8.17 Billion by 2020, at a CAGR of 7.94% between 2015
and 2020. The green and bio-solvents market, along with its applications,
witnessed a moderate-to-high growth in the past few years and is likely to continue
so in the in the coming years. Bio-solvents have made rapid incursions into a
variety of end-use segments such as printing inks, coatings, edible oil
adhesives, food processing, and cleaning products, among others.
Scope of the Report
The green and
bio-solvents market has been covered in detail in this report. In order to
provide an all-round picture, the current market demand and forecasts have also
been included. The market is segmented as follows:
On the basis of type:
- Alcohols
- Bio-propanol
- Bio-butanol
- Bio-methanol
- Bio-ethanol
- Glycols
- Bio-based
Polypropylene Glycols
- Bio-based
Ethylene Glycols
- Diols
- Bio-based
Butanediol
- Lactate
Esters
- D-Limonene
- Methyl
Soyate
- Others
(2-methyltetrahydrofuran and hydrogen peroxide)
On the basis of
application:
- Industrial
& Domestic Cleaners
- Paints
& Coatings
- Adhesives
- Printing
Inks
- Pharmaceuticals
- Cosmetics
- Others
(Polymer Manufacturing, Agrochemicals, and Extraction of Food Products)
On the basis of
region:
- North
America
- Europe
- Asia-Pacific
- Rest
of the World
The market is further analyzed for key countries in each of
these regions.
The drivers identified for the green & bio-solvents market
are environmental & regulatory pressure designed to reduce the emissions of
ODS, VOCs, and HAPs; reduced dependency on petrochemical solvents and the
exporting countries; improved competitiveness from product differentiation; and
uncertainty about oil price development. Countries such as China, the U.S., and
Brazil are the major markets of green & bio-solvents. The market in
countries of Middle East and Africa are also growing. In developed countries
such as the U.S., Spain, Germany, Japan, and Italy, the market is growing at a
low-to-moderate rate.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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