Solvents are chemical substances that find commercial application across a diverse set of industries. Solvents are ubiquitous in that several million tons of these are used annually across industries ranging from paints & coatings, textiles, plastics & rubber, pharmaceuticals, oil & gas, construction, chemical synthesis, among others.
Global bio-solvents market is expected to witness robust growth during forecast period. Over recent past, there have been significant advances in development of sustainable bio-solvents that are efficient and efficacious as compared to petroleum based solvents, moreover, such developments are expected to gather momentum over the forecast period. This, coupled with increasing adoption and penetration of these bio-solvents across key end use industries is expected to drive growth of global bio-solvents market during forecast period. Also, steady growth of key end use industries such as paints & coatings, industrial cleaning, agrochemicals, textiles & printing inks, and adhesives & sealants, among others especially across developing regions of the globe is expected to further propel the market for bio-solvents during forecast period. However, concerns as regards the effectiveness of these alternative solvents vis-a-vis comparative grades of petroleum based solvents is one of the factors that is likely to impede the growth of global bio-solvents market during initial part of forecast period. Also, relatively less stringent or absence of regulations pertaining to use of sustainable alternatives coupled with lack of awareness regarding such alternatives is likely to act as an impediment to growth of global bio-solvents market during forecast period. Also, relatively higher prices is another factor that is likely to affect the adoption of bio-solvents in certain parts of the globe during forecast period.
The global Bio-Solvents market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-Solvents volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-Solvents market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Dow Chemical Company
BASF
BioAmber
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
Segment by Application
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Summary:
Get latest Market Research Reports on Bio-Solvents . Industry analysis & Market Report on Bio-Solvents is a syndicated market report, published as Global Bio-Solvents Market Research Report 2019. It is complete Research Study and Industry Analysis of Bio-Solvents market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.