Report overview
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.?
This report aims to provide a comprehensive presentation of the global market for Bio-Solvents, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Solvents. This report contains market size and forecasts of Bio-Solvents in global, including the following market information:
Global Bio-Solvents Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Bio-Solvents Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Bio-Solvents companies in 2022 (%)
The global Bio-Solvents market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Bio-Solvents manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-Solvents Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio-Solvents Market Segment Percentages, by Type, 2022 (%)
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
Global Bio-Solvents Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio-Solvents Market Segment Percentages, by Application, 2022 (%)
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Global Bio-Solvents Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio-Solvents Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-Solvents revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bio-Solvents revenues share in global market, 2022 (%)
Key companies Bio-Solvents sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bio-Solvents sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dow Chemical Company
BASF
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio-Solvents, market overview.
Chapter 2: Global Bio-Solvents market size in revenue and volume.
Chapter 3: Detailed analysis of Bio-Solvents manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bio-Solvents in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bio-Solvents capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
