Global Green and Bio Solvents Market Growth 2019-2024
Table of Contents
2019-2024 Global Green and Bio Solvents Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Green and Bio Solvents Consumption 2014-2024
- 2.1.2 Green and Bio Solvents Consumption CAGR by Region
- 2.2 Green and Bio Solvents Segment by Type
- 2.2.1 Bioalcohols
- 2.2.2 Bio-Glycols&Diols
- 2.2.3 Lactate Esters
- 2.2.4 D-Limonene
- 2.2.5 Methyl Soyate
- 2.3 Green and Bio Solvents Consumption by Type
- 2.3.1 Global Green and Bio Solvents Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Green and Bio Solvents Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Green and Bio Solvents Sale Price by Type (2014-2019)
- 2.4 Green and Bio Solvents Segment by Application
- 2.4.1 Industrial & Domestic Cleaners
- 2.4.2 Paints & Coatings
- 2.4.3 Adhesives
- 2.4.4 Pharmaceuticals
- 2.4.5 Cosmetics
- 2.5 Green and Bio Solvents Consumption by Application
- 2.5.1 Global Green and Bio Solvents Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Green and Bio Solvents Value and Market Share by Application (2014-2019)
- 2.5.3 Global Green and Bio Solvents Sale Price by Application (2014-2019)
3 Global Green and Bio Solvents by Players
- 3.1 Global Green and Bio Solvents Sales Market Share by Players
- 3.1.1 Global Green and Bio Solvents Sales by Players (2017-2019)
- 3.1.2 Global Green and Bio Solvents Sales Market Share by Players (2017-2019)
- 3.2 Global Green and Bio Solvents Revenue Market Share by Players
- 3.2.1 Global Green and Bio Solvents Revenue by Players (2017-2019)
- 3.2.2 Global Green and Bio Solvents Revenue Market Share by Players (2017-2019)
- 3.3 Global Green and Bio Solvents Sale Price by Players
- 3.4 Global Green and Bio Solvents Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Green and Bio Solvents Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Green and Bio Solvents Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Green and Bio Solvents by Regions
- 4.1 Green and Bio Solvents by Regions
- 4.1.1 Global Green and Bio Solvents Consumption by Regions
- 4.1.2 Global Green and Bio Solvents Value by Regions
- 4.2 Americas Green and Bio Solvents Consumption Growth
- 4.3 APAC Green and Bio Solvents Consumption Growth
- 4.4 Europe Green and Bio Solvents Consumption Growth
- 4.5 Middle East & Africa Green and Bio Solvents Consumption Growth
5 Americas
- 5.1 Americas Green and Bio Solvents Consumption by Countries
- 5.1.1 Americas Green and Bio Solvents Consumption by Countries (2014-2019)
- 5.1.2 Americas Green and Bio Solvents Value by Countries (2014-2019)
- 5.2 Americas Green and Bio Solvents Consumption by Type
- 5.3 Americas Green and Bio Solvents Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Green and Bio Solvents Consumption by Countries
- 6.1.1 APAC Green and Bio Solvents Consumption by Countries (2014-2019)
- 6.1.2 APAC Green and Bio Solvents Value by Countries (2014-2019)
- 6.2 APAC Green and Bio Solvents Consumption by Type
- 6.3 APAC Green and Bio Solvents Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Green and Bio Solvents by Countries
- 7.1.1 Europe Green and Bio Solvents Consumption by Countries (2014-2019)
- 7.1.2 Europe Green and Bio Solvents Value by Countries (2014-2019)
- 7.2 Europe Green and Bio Solvents Consumption by Type
- 7.3 Europe Green and Bio Solvents Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Green and Bio Solvents by Countries
- 8.1.1 Middle East & Africa Green and Bio Solvents Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Green and Bio Solvents Value by Countries (2014-2019)
- 8.2 Middle East & Africa Green and Bio Solvents Consumption by Type
- 8.3 Middle East & Africa Green and Bio Solvents Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Green and Bio Solvents Distributors
- 10.3 Green and Bio Solvents Customer
11 Global Green and Bio Solvents Market Forecast
- 11.1 Global Green and Bio Solvents Consumption Forecast (2019-2024)
- 11.2 Global Green and Bio Solvents Forecast by Regions
- 11.2.1 Global Green and Bio Solvents Forecast by Regions (2019-2024)
- 11.2.2 Global Green and Bio Solvents Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Green and Bio Solvents Forecast by Type
- 11.8 Global Green and Bio Solvents Forecast by Application
12 Key Players Analysis
- 12.1 Archer Daniels Midland Company
- 12.1.1 Company Details
- 12.1.2 Green and Bio Solvents Product Offered
- 12.1.3 Archer Daniels Midland Company Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Archer Daniels Midland Company News
- 12.2 BASF SE
- 12.2.1 Company Details
- 12.2.2 Green and Bio Solvents Product Offered
- 12.2.3 BASF SE Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 BASF SE News
- 12.3 Bioamber Inc
- 12.3.1 Company Details
- 12.3.2 Green and Bio Solvents Product Offered
- 12.3.3 Bioamber Inc Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Bioamber Inc News
- 12.4 Huntsman Corporation
- 12.4.1 Company Details
- 12.4.2 Green and Bio Solvents Product Offered
- 12.4.3 Huntsman Corporation Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Huntsman Corporation News
- 12.5 E.I. Dupont De Nemours & Co.
- 12.5.1 Company Details
- 12.5.2 Green and Bio Solvents Product Offered
- 12.5.3 E.I. Dupont De Nemours & Co. Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 E.I. Dupont De Nemours & Co. News
- 12.6 The DOW Chemical Company
- 12.6.1 Company Details
- 12.6.2 Green and Bio Solvents Product Offered
- 12.6.3 The DOW Chemical Company Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 The DOW Chemical Company News
- 12.7 Vertec Biosolvents Inc
- 12.7.1 Company Details
- 12.7.2 Green and Bio Solvents Product Offered
- 12.7.3 Vertec Biosolvents Inc Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Vertec Biosolvents Inc News
- 12.8 Florida Chemicals Company Inc
- 12.8.1 Company Details
- 12.8.2 Green and Bio Solvents Product Offered
- 12.8.3 Florida Chemicals Company Inc Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Florida Chemicals Company Inc News
- 12.9 Cargill Inc
- 12.9.1 Company Details
- 12.9.2 Green and Bio Solvents Product Offered
- 12.9.3 Cargill Inc Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Cargill Inc News
- 12.10 Galactic
- 12.10.1 Company Details
- 12.10.2 Green and Bio Solvents Product Offered
- 12.10.3 Galactic Green and Bio Solvents Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Galactic News
- 12.11 LyondellBasell
- 12.12 Gevo
- 12.13 Pinova Holding INC
- 12.14 Myriant
- 12.15 Solvay
13 Research Findings and Conclusion
Green & bio-based solvents are characterized by low toxicity, low miscibility, higher boiling point, less odor, and easy recycling process. Thus, green & bio-based solvents are eco-friendly. These properties or inherent advantages makes them suitable for usage in various applications.
Industrial solvents are used as component ingredients in formulated products or as processing aids in manufacturing. Demand will grow modestly but the mix of solvents will continue to change dramatically under environmental and regulatory pressure designed to reduce emissions of ODS (Ozone Depleting Substances), VOCs (Volatile Organic Compounds) and HAPs (Hazardous Air Pollutants). Environmentally friendly “green solvents” and conventional solvents that are regulation exempt to replace conventional hydrocarbon and chlorinated solvents.
North America is the biggest producer and consumer of bio solvents, the production accounted for 33.78% of global production in 2015, followed by Europe, accounted for 26.62%. Asia Pacific is expected to witness the highest growth rate over the forecast period. The region is expected to grow at an estimated CAGR of 10.3% from 2015 to 2021. Growth of major end-use industries particularly in China and India is expected to drive the regional market.
The raw materials of bio solvents are mainly corn and vegetable oils. The bio solvents market offers immense opportunities countries such as USA, India, and China, as these regions have high petroleum prices and a large number of diesel and gasoline fueled vehicles.
On the basis of application, bio solvents market is segmented as paints & coatings, adhesives & sealants, and printing inks among other niche applications such as pharmaceuticals and cosmetics. Increasing construction spending in emerging markets such as Brazil, China, India and Mexico on account of rapid industrialization and urbanization rates is expected to remain a key driving factor for this segment. The shift in trends towards using eco-friendly paints coupled with growing construction industry is expected to drive bio solvents demand.
Global bio solvents market is concentrated with top five companies accounting for more than 50% of the market share in 2015. Major companies operating in the global market include Archer Daniels Midland Company, BASF SE, Bioamber Inc, Huntsman Corporation, E.I. Dupont De Nemours & Co, The DOW Chemical Company, Vertec Biosolvents Inc, Florida Chemicals Company Inc, Cargill Inc, Galactic, LyondellBasell and Solvay.
According to this study, over the next five years the Green and Bio Solvents market will register a 7.8% CAGR in terms of revenue, the global market size will reach US$ 8610 million by 2024, from US$ 5480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Green and Bio Solvents business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Green and Bio Solvents market by product type, application, key manufacturers and key regions and countries.
This study considers the Green and Bio Solvents value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bioalcohols
Bio-Glycols&Diols
Lactate Esters
D-Limonene
Methyl Soyate
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Pharmaceuticals
Cosmetics
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Archer Daniels Midland Company
BASF SE
Bioamber Inc
Huntsman Corporation
E.I. Dupont De Nemours & Co.
The DOW Chemical Company
Vertec Biosolvents Inc
Florida Chemicals Company Inc
Cargill Inc
Galactic
LyondellBasell
Gevo
Pinova Holding INC
Myriant
Solvay
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Green and Bio Solvents consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Green and Bio Solvents market by identifying its various subsegments.
Focuses on the key global Green and Bio Solvents manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Green and Bio Solvents with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Green and Bio Solvents submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.