Markntel Advisors’ report, Green Solvents Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Green Solvents presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Green Solvents Market Research Report & Market Summary:
The Global Green Solvents Market size was valued at around USD 1.34 billion in 2024 and is projected to reach USD 1.87 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.7% during the forecast period, i.e., 2025-30. The environment-friendly operations offered by green solvents are the main reasons behind their high use in various industries such as in making paints, coatings, adhesives, inks, cosmetics, and many others, that are shifting to eco-friendly operations. This also helps companies to meet the norms defined by the governmental firms. As a result, their demand has increased over the past years and the market has experienced significant growth.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/green-solvent-market.html
Green Solvents Market Dynamics:
Key Driver-
Increasing Shift of Various Industries Towards Sustainable Operations – Various industries are getting inclined towards making their operations environment-friendly. These efforts are done to meet the emission goals set by the governments of various countries. Also, this helps in reducing the wastage of raw materials and hence the production cost. As a result, they use green solvents in their products which helps them address the same. For instance, Nippon Paint, a paint supplier company has introduced the Green Choice series, which is made using green solvents and ensures a toxic-free environment at home. This shows the high demand for green solvents which is growing demand from numerous such companies. Therefore, the use of such crop-based solvents has helped various companies reduce their environmental impact and also their expenses, thus increasing their demand, and this trend is expected to continue in the future years as well.
Green Solvents Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Bio-alcohol- Market Size & Forecast 2020-2030, USD Million
- Bio-ethanol- Market Size & Forecast 2020-2030, USD Million
- Bio-methanol- Market Size & Forecast 2020-2030, USD Million
- Bio-propanol- Market Size & Forecast 2020-2030, USD Million
- Bio-butanol- Market Size & Forecast 2020-2030, USD Million
- Bio-glycols- Market Size & Forecast 2020-2030, USD Million
- Bio-based Propylene Glycol- Market Size & Forecast 2020-2030, USD Million
- Bio-based Ethylene Glycol- Market Size & Forecast 2020-2030, USD Million
- Bio-diols- Market Size & Forecast 2020-2030, USD Million
- Ethyl Lactate- Market Size & Forecast 2020-2030, USD Million
- D-lime Stone- Market Size & Forecast 2020-2030, USD Million
- Methyl Soyate- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
Based on the type of green solvent, bio-alcohols lead the market with a share of around 32%. The wider availability of this segment is the main reason behind this growth.
By Application
- Paint & Coatings – Market Size & Forecast 2020-2030, USD Million
- Industrial & Domestic Cleaning- Market Size & Forecast 2020-2030, USD Million
- Printing Inks- Market Size & Forecast 2020-2030, USD Million
- Cosmetic- Market Size & Forecast 2020-2030, USD Million
- Pharmaceutical- Market Size & Forecast 2020-2030, USD Million
- Agriculture- Market Size & Forecast 2020-2030, USD Million
- Others (Adhesive, Sealant, Textile, etc.)- Market Size & Forecast 2020-2030, USD Million
Based on the application of green solvents, they are most widely used in the manufacturing of paints and coatings with a market share of around 35%.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
Regionally, Asia-Pacific dominates the market with a share of around 41%. This dominance is due to the presence of multiple industries that create a high demand for solvents that have to be used in their products such as wall paints & coatings, cosmetics such as nail paints, medicines, and others.
As indicated in the latest market research report published by Markntel Advisors, “Green Solvents Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Green Solvents industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/green-solvent-market.html
Top Companies Operating in the Green Solvents Market:
- BASF SE
- Stepan Company
- DuPont
- AkzoNobel
- Lyondell Basell
- Cargill Incorporated
- Florachem Corporation
- Total Corbion PLA
- Solvay
- Vertec BioSolvents
- GF Biochemicals
- Astrobio
- BIOMCN
- Galactic
- Dow
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Other Report:
- Energy Drink Market size was valued at USD 87 billion in 2024and is projected to reach USD 134 billion by 2030. Along with a CAGR of around 9.02%.
- Digital Signature Market size was valued at USD 7.18 Billion in 2024 and is projected to reach USD 29.87 Billion by 2030. with a CAGR of 32.99%.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Green Solvents Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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