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.
In 2019, the market size of Bio-Solvents is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-Solvents.
This report studies the global market size of Bio-Solvents, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bio-Solvents production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Dow Chemical Company
BASF
BioAmber
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
Market Segment by Product Type
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
Market Segment by Application
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bio-Solvents status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bio-Solvents manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Bio-Solvents are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Bio-Solvents. Industry analysis & Market Report on Bio-Solvents is a syndicated market report, published as Global (United States, European Union and China) Bio-Solvents Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Bio-Solvents market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.