Bio solvents are environmentally friendly solvents or biosolvents derived from biomass, such as plants, trees or animals (the biomass can have undergone physical, chemical or biological treatment).
North America is a major bio solvents consumer and accounted for over one-third of total market volume in 2013. The regional is characterized by high level of awareness regarding health and environmental effects of conventional solvents coupled with stringent environmental regulations. Increasing construction spending by the U.S. government to improve public infrastructure in the region is expected to drive paints & coatings demand which in turn is expected to have a positive impact on the regional bio solvents market over the forecast period. Recovery of U.S. automotive industry after a slump due economic recession is also expected to have a positive impact on the regional bio solvents market. Asia Pacific is touted to register significant growth rate on account of growing construction and automotive industries. Rapid industrialization in emerging markets of China and India are expected to drive adhesives and sealants demand. This trend coupled with growing concerns regarding degradability of conventional solvents is expected to drive further the Asia Pacific market growth.
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:
BASF SE
BioAmber Inc
Huntsman Corporation
E.I. Du Pont de Nemours & Co
The Dow Chemical Company
Vertec BioSolvents Inc.
Florida Chemical Company
Cargill Incorporated
Galactic
Gevo
Pinova Holdings INC
Myriant
LyondellBasell
Solvay
Akzo Nobel
Market Segment by Product Type
Bio-Alcohols
Bio-Glycols & Diols
Lactate Esters
D-Limonene
Methyl Soyate
Market Segment by Application
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Pharmaceuticals
Cosmetics
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.