Green solvents Global Market Report 2024

Global Green solvents Market Report 2024

Green solvents Global Market Report 2024 – By Type (Bio-Alcohols, Bio-Diols, Bio-Glycol, Lactate Esters), By Application (Construction, Coating, Cleaning Products, Industrial Applications, Toiletries, Cosmetics), By End-Use (Chemical Intermediate, Pharmaceuticals, Printing Inks, Paints And Coatings, Cosmetics And Personal Care, Other End-Uses) – Market Size, Trends, And Global Forecast 2024-2033

Name: Green solvents Global Market Report 2024
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Green solvents Global Market Report 2024

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Green solvents Market Definition

Green solvents refer to environmentally friendly solvents derived from crop processing, which are less toxic and hazardous than traditional volatile organic compounds. They are used to dissolve or disperse other substances without causing harm to the environment. It is used to produce and formulate antibiotics, vitamins, and water-based paints.

The main types of green solvents are bio-alcohols, bio-diols, bio-glycols, and lactate esters. Bio-alcohols refer to a class of renewable fuels produced from biological materials that are used as eco-friendly transportation fuels and industrial solvents across industries. These are used for several applications, including construction, coating, cleaning products, industrial applications, toiletries, and cosmetics, and are used in various end-uses, including chemical intermediates, pharmaceuticals, printing inks, paints and coatings, cosmetics and personal care, and others.

Green solvents Market Segmentation

The green solvents market covered in this report is segmented –

1) By Type: Bio-Alcohols, Bio-Diols, Bio-Glycol, Lactate Esters

2) By Application: Construction, Coating, Cleaning Products, Industrial Applications, Toiletries, Cosmetics

3) By End-Use: Chemical Intermediate, Pharmaceuticals, Printing Inks, Paints And Coatings, Cosmetics And Personal Care, Other End-Uses

Global Green solvents Market Size 2023 to 2028: Graph

Green solvents Market Size 2024 And Growth Rate

The green solvents market size has grown strongly in recent years. It will grow from $1.86 billion in 2023 to $2.04 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to environmental regulations, consumer awareness, rising demand for eco-friendly products, cost competitiveness, government initiatives.

Green solvents Market Growth Forecast

The green solvents market size is expected to see strong growth in the next few years. It will grow to $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to stringent emission standard, bio-based economy growth, circular economy initiatives, increasing r&d investments, consumer demand for clean labels. Major trends in the forecast period include innovation in green chemistry, industry collaboration and partnerships, focus on voc reduction, application-specific formulations, rising demand in cleaning products.

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Green solvents Market Driver: The Surge In Eco-Friendly Solvent Demand Powers Green Solvents Market Growth.

The increasing demand for eco-friendly solvents is expected to propel the growth of the green solvents market going forward. An eco-friendly solvent is an environmentally friendly solvent derived from renewable resources, such as plants or biomass, with a lower impact on human health than traditional solvents. The use of green solvents can help reduce the environmental impact of chemical production processes, and they can be used as a replacement for conventional solvents in various industrial applications. For example, biodiesel and ethanol have been suggested as green solvents for deconstructing lignocellulose. For instance, in August 2023, according to the Foreign Agricultural Service, a US-based government agency, fuel ethanol consumption in Canada increased by an estimated 20% in 2022, year over year, to 3.4 billion liters, and the production of biodiesel reached 416 million liters in 2022, up from 405 million liters in 2020. Therefore, the increasing demand for eco-friendly solvents is driving the growth of the green solvents market.

Green solvents Market Driver: Reduction Of Green House Gas Emissions With Green Solvents Expected To Propel The Growth Of The Green Solvents Market

The use of sustainable solution is expected to propel the growth of the green solvents market going forward. A sustainable solution is a balanced approach to natural resources that assures that harm to the environment, and human health is minimized while satisfying current requirements. Green solvents are environmentally friendly which have lower environmental impact compared to traditional solvents and helps to reduce air pollution and associated greenhouse gas emissions. For instance, according to Sumitomo Chemical Sustainability Data Book 2022, the sales revenue of sumika sustainable Solution designated products in 2020 was $3.1 billion (463.3 billion yen), which rose to $4.17 billion (621.2 billion yen) in 2021. Therefore, the reduction of greenhouse gas emissions is expected to propel the growth of the green solvents market.

Global Green solvents Market Major Players

Major companies operating in the green solvents market report are Cargill Incorporated, Archer Daniels Midland Company, The Dow Chemical Company, LyondellBasell Industries Holdings B.V., Merck KGaA, Solvay S.A., DuPont de Nemours Inc., Akzo Nobel N.V., Huntsman Corporation, Stepan Company, Novozymes A/S, Praj Industries Limited, Genomatica Inc., Galactic S.A., LanzaTech Inc., Elevance Renewable Sciences Inc., SACHEM Inc., Green Biologics Limited, shenzhen esun industrial co. Ltd, CREMER OLEO GmbH & Co. KG, DMC Biotechnologies, AgroSustain S.A., Circa Group Pty. Ltd., Gevo Inc., Greenyug LLC, Botaneco Inc., Terpenoid Therapeutics, Vertec Biosolvents Inc., Myriant Corporation

Global Green solvents Market Restraint: Challenges In The Green Solvents Market

The elevated expense associated with green solvents is anticipated to hinder the future expansion of the green solvents market. The production cost of green solvents is higher than other conventional solvents due to the high cost of raw materials and the complex production process. This can restrain customers with less investment potential to purchase green or bio-based solvents, thus hampering the market's growth. For instance, in 2021, bio-based ethyl acetate's production cost was higher than its conventional, petroleum-based counterpart. This was primarily due to the cost of sourcing and processing renewable feedstocks, which are more expensive than crude oil-derived feedstocks. Hence, the increased cost linked to green solvents will impede the growth of the green solvents market.

Global Green solvents Market Trend: Innovative Solutions Transforming The Green Solvents Market

Major companies operating in the green solvents market are increasing their focus on introducing innovative and cost-effective solutions, such as eco-friendly alternatives, to maximize their revenues in the market. An eco-friendly alternative solvent is a solvent that is less harmful to the environment than traditional solvents derived from renewable resources. For instance, in July 2021, Merck Group, a Germany-based pharmaceutical company, launched AZ 910, a new line of green solvents for photolithographic processes in semiconductor manufacturing. It is an innovative and cost-effective solution to support its customers with their advanced cleaning needs, which are integral to realizing next-generation chips. AZ 910 Remover is a non-NMP (N-methylpyrrolidone)-based aqueous solvent used for photoresist removal in the semiconductor industry. It is a non-inflammable, colorless liquid with a mild odor and a low vapor pressure, making it safer to handle than traditional solvents. It is also biodegradable, meaning it is less harmful to the environment. AZ 910 Remover effectively dissolves various types of photoresists and is compatible with multiple tools such as spin coaters, sprayers, and dip tanks.

Green solvents Market Merger And Acquisition: Dic Corporation Acquires Basf SE’s Pigment Business To Fuel Global Expansion And Growth

In June 2021, DIC Corporation, a Japan-based chemical company, acquired the pigment business of BASF SE for $1.63 billion (€1.5 billion). The acquisition is expected to help DIC Corporation expand its portfolio of high-quality pigments for various industries, including electronic displays and cosmetics, strengthen its position in the global pigment market, and accelerate its growth. BASF SE is a Germany-based developer and provider of chemicals, including green solvents, for the construction and coatings industries.

Regional Outlook For The Global Green solvents Market

North America was the largest region in the green solvents market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green solvents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the green solvents market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The green solvents market consists of sales of bio-based solvents, biofuels, green pharmaceuticals, and essential oils. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The green solvents market research report is one of a series of new reports from The Business Research Company that provides green solvents market statistics, including green solvents industry global market size, regional shares, competitors with a green solvents market share, detailed green solvents market segments, market trends and opportunities, and any further data you may need to thrive in the green solvents industry. This green solvents market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Green solvents Market Report Scope

Report Attribute	Details
Market Size Value In 2024	$2.04 billion
Revenue Forecast In 2033	$2.79 billion
Growth Rate	CAGR of 8.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Bio-Alcohols, Bio-Diols, Bio-Glycol, Lactate Esters 2) By Application: Construction, Coating, Cleaning Products, Industrial Applications, Toiletries, Cosmetics 3) By End-Use: Chemical Intermediate, Pharmaceuticals, Printing Inks, Paints And Coatings, Cosmetics And Personal Care, Other End-Uses
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Cargill Incorporated; Archer Daniels Midland Company; The Dow Chemical Company; LyondellBasell Industries Holdings B.V.; Merck KGaA; Solvay S.A.; DuPont de Nemours Inc.; Akzo Nobel N.V.; Huntsman Corporation; Stepan Company; Novozymes A/S; Praj Industries Limited; Genomatica Inc.; Galactic S.A.; LanzaTech Inc.; Elevance Renewable Sciences Inc.; SACHEM Inc.; Green Biologics Limited; shenzhen esun industrial co. Ltd; CREMER OLEO GmbH & Co. KG; DMC Biotechnologies; AgroSustain S.A.; Circa Group Pty. Ltd.; Gevo Inc.; Greenyug LLC; Botaneco Inc.; Terpenoid Therapeutics; Vertec Biosolvents Inc.; Myriant Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Green solvents Market Characteristics

3. Green solvents Market Trends And Strategies

4. Green solvents Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Green solvents Market Size and Growth

5.1. Global Green solvents Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Green solvents Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Green solvents Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Green solvents Market Segmentation

6.1. Global Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Bio-Alcohols

Bio-Diols

Bio-Glycol

Lactate Esters

6.2. Global Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Construction

Coating

Cleaning Products

Industrial Applications

Toiletries

Cosmetics

6.3. Global Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Chemical Intermediate

Pharmaceuticals

Printing Inks

Paints And Coatings

Cosmetics And Personal Care

Other End-Uses

7. Green solvents Market Regional And Country Analysis

7.1. Global Green solvents Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Green solvents Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Green solvents Market

8.1. Asia-Pacific Green solvents Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Green solvents Market

9.1. China Green solvents Market Overview

9.2. China Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Green solvents Market

10.1. India Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Green solvents Market

11.1. Japan Green solvents Market Overview

11.2. Japan Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Green solvents Market

12.1. Australia Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Green solvents Market

13.1. Indonesia Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Green solvents Market

14.1. South Korea Green solvents Market Overview

14.2. South Korea Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Green solvents Market

15.1. Western Europe Green solvents Market Overview

15.2. Western Europe Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Green solvents Market

16.1. UK Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Green solvents Market

17.1. Germany Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Green solvents Market

18.5. France Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Green solvents Market

19.9. Italy Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Green solvents Market

20.13. Spain Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Green solvents Market

21.1. Eastern Europe Green solvents Market Overview

21.2. Eastern Europe Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Green solvents Market

22.1. Russia Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Green solvents Market

23.1. North America Green solvents Market Overview

23.2. North America Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Green solvents Market

24.1. USA Green solvents Market Overview

24.2. USA Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Green solvents Market

25.1. Canada Green solvents Market Overview

25.2. Canada Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Green solvents Market

26.1. South America Green solvents Market Overview

26.2. South America Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Green solvents Market

27.1. Brazil Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Green solvents Market

28.1. Middle East Green solvents Market Overview

28.2. Middle East Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Green solvents Market

29.1. Africa Green solvents Market Overview

29.2. Africa Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Green solvents Market Competitive Landscape And Company Profiles

30.1. Green solvents Market Competitive Landscape

30.2. Green solvents Market Company Profiles

30.2.1. Cargill Incorporated

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Archer Daniels Midland Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. The Dow Chemical Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. LyondellBasell Industries Holdings B.V.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Merck KGaA

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Green solvents Market Other Major And Innovative Companies

31.1. Solvay S.A.

31.2. DuPont de Nemours Inc.

31.3. Akzo Nobel N.V.

31.4. Huntsman Corporation

31.5. Stepan Company

31.6. Novozymes A/S

31.7. Praj Industries Limited

31.8. Genomatica Inc.

31.9. Galactic S.A.

31.10. LanzaTech Inc.

31.11. Elevance Renewable Sciences Inc.

31.12. SACHEM Inc.

31.13. Green Biologics Limited

31.14. shenzhen esun industrial co. Ltd

31.15. CREMER OLEO GmbH & Co. KG

32. Global Green solvents Market Competitive Benchmarking

33. Global Green solvents Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Green solvents Market

35. Green solvents Market Future Outlook and Potential Analysis

35.1 Green solvents Market In 2028 - Countries Offering Most New Opportunities

35.2 Green solvents Market In 2028 - Segments Offering Most New Opportunities

35.3 Green solvents Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Green solvents Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Green solvents Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Cargill Incorporated Financial Performance

Table 75: Archer Daniels Midland Company Financial Performance

Table 76: The Dow Chemical Company Financial Performance

Table 77: LyondellBasell Industries Holdings B.V. Financial Performance

Table 78: Merck KGaA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Green solvents Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Green solvents Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Green solvents Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Green solvents Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Green solvents Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Cargill Incorporated Financial Performance

Figure 75: Archer Daniels Midland Company Financial Performance

Figure 76: The Dow Chemical Company Financial Performance

Figure 77: LyondellBasell Industries Holdings B.V. Financial Performance

Figure 78: Merck KGaA Financial Performance

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Frequently Asked Questions

What is the definition of the green solvents market?

How will the green solvents market drivers and restraints affect the green solvents market dynamics? What forces will shape the green solvents industry going forward?

The green solvents market major growth driver - the surge in eco-friendly solvent demand powers green solvents market growth.. For further insights on the green solvents market, request a sample here

What is the forecast market size or the forecast market value of the green solvents market?

The green solvents market size has grown strongly in recent years. It will grow from $1.86 billion in 2023 to $2.04 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to environmental regulations, consumer awareness, rising demand for eco-friendly products, cost competitiveness, government initiatives. The green solvents market size is expected to see strong growth in the next few years. It will grow to $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to stringent emission standard, bio-based economy growth, circular economy initiatives, increasing r&d investments, consumer demand for clean labels. Major trends in the forecast period include innovation in green chemistry, industry collaboration and partnerships, focus on voc reduction, application-specific formulations, rising demand in cleaning products. For further insights on the green solvents market, request a sample here

How is the green solvents market segmented?

The green solvents market is segmented
1) By Type: Bio-Alcohols, Bio-Diols, Bio-Glycol, Lactate Esters
2) By Application: Construction, Coating, Cleaning Products, Industrial Applications, Toiletries, Cosmetics
3) By End-Use: Chemical Intermediate, Pharmaceuticals, Printing Inks, Paints And Coatings, Cosmetics And Personal Care, Other End-UsesFor further insights on the green solvents market, request a sample here

Which region has the largest share of the green solvents market? What are the other regions covered in the report?

North America was the largest region in the green solvents market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green solvents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the green solvents market, request a sample here.

Who are the major players in the green solvents market?

What are the key trends in the green solvents market?

Major trend in the green solvents market - Innovative Solutions Transforming The Green Solvents Market. For further insights on the green solvents market, request a sample here.

What are the major opportunities in the green solvents market? What are the strategies for the green solvents market?

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How does the green solvents market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the green solvents industry?

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What are the key dynamics influencing the green solvents market growth? SWOT analysis of the green solvents market.

For detailed insights on the key dynamics influencing the green solvents market growth and SWOT analysis of the green solvents industry, request a sample here.