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Transparency Market

Research
Green & Bio-based Solvents Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023

Published Date
06-April-2016

198 Page Report

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Press Release

Green & Bio-based Solvents Market to Reach US$8.05 bn by


2023 as Intensive Research Opens Growth Avenues : TMR
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Green & Bio-based Solvents Market

REPORT DESCRIPTION
Green & Bio-based Solvents Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
Transparency Market Research has released a new market report titled Green & Bio-based Solvents
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023. According to
the report, the global green & bio-based solvents market was valued at US$4.32 bn in 2014 and is anticipated
to reach US$8.05 bn by 2023, expanding at a CAGR of 7.2% between 2015 and 2023.
Browse the full Green & Bio-based Solvents (Bio-based Methanol, Bio-based Ethanol, Bio-based
Propanol, Bio-based Butanol, Bio-based Propylene Glycol, Ethyl Lactate, D-Limonene, Methyl Soyate,
and Others) Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives
& Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023 report at:
http://www.transparencymarketresearch.com/green-biobased-solvents-market.html
Green & bio-based solvents are bio-based solvents manufactured using sugars, corn, beet root, and others.
This makes these products safe and effective replacements for the conventional solvents made from crude oil.
Green & bio-based solvents are employed in various applications such as paints & coatings, printing inks,
commercial & domestic cleaning, adhesives & sealants, pharmaceutical, and cosmetics. Growth in paints &
coatings, printing inks, and downstream industries is primarily estimated to augment the global green & biobased solvents market in the next few years. Increasing research on various bio-based materials used as raw
materials is projected to boost the demand for green & bio-based solvents in the next few years. However, high
cost of raw materials and complexity in manufacturing are anticipated to hamper market growth during the
forecast period. Rising demand for green & bio-based solvents in the adhesives & sealants, cosmetics, and
pharmaceutical segments is anticipated to offer growth opportunities to the market during the forecast period.
In terms of volume, bio-based ethanol was the largest product segment of the global green & bio-based
solvents market, accounting for more than 45% share in 2014. Substantial commercialization and wide

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Green & Bio-based Solvents Market

application of bio-based ethanol are the key reasons for the dominance of the segment. However, methyl
soyate is likely to be the fastest-growing segments during the forecast period, owing to the commercialization
of these bio-based solvents and their extensive demand in end-user industries.
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flag=S&rep_id=10136
In terms of applications, paints & coatings was the largest segment of the global green & bio-based solvents
market, constituting more than 40% share in 2014. Commercial & domestic cleaning is projected to be another
major application segment between 2015 and 2023. Adhesives & sealants is likely to be the fastest-growing
application segment during the forecast period, due to the rising demand for these products in automotive and
other downstream industries.
Developed regions are expected to dominate the green & bio-based solvents market in the next few years,
owing to easy availability of raw materials and considerable manufacturing expertise in these regions. North
America is estimated to be the largest market for green & bio-based solvents, followed by Europe, during the
forecast period. The green & bio-based solvents market in Asia Pacific is also projected to witness high growth,
owing to the substantial demand for solvents in various industries and increasing awareness about benefits
associated with bio-based solvents. The global market for green & bio-based solvents is expescted to expand
significantly in the near future.
Key players in the green & bio-based solvents market include Cargill Inc., Vertec Biosolvents Inc.,
BioAmber Inc., BioMCN, Corbion nv, Galactic, Archer Daniels Midland Company, Florida Chemical Company,
Elevance Renewable Sciences, Inc., and Cobalt Technologies.
The report segments the global green & bio-based solvents market as follows:
Green & Bio-based Solvents Market - Product Analysis

Bio-based Methanol

Bio-based Ethanol

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Green & Bio-based Solvents Market

Bio-based Propanol

Bio-based Butanol

Bio-based Propylene Glycol

Ethyl Lactate

D-Limonene

Methyl Soyate

Others (Including hydrogen peroxide, bio-based butanediol, etc.)

Green & Bio-based Solvents Market - Application Analysis

Paints & Coatings

Printing Inks

Commercial & Domestic Cleaning

Adhesives & Sealants

Pharmaceutical

Cosmetics

Others (Including Agrochemicals, etc.)

Green & Bio-based Solvents Market - Regional Analysis


North America

U.S.

Rest of North America

Europe

France

U.K.

Spain

Germany

Italy

Rest of Europe

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Green & Bio-based Solvents Market

Asia Pacific

China

Japan

ASEAN

Rest of Asia Pacific

Latin America

Brazil

Rest of Latin America

Middle East & Africa (MEA)

GCC

South Africa

Rest of MEA

Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/green-biobasedsolvents-market.htm

TABLE OF CONTENT
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Research Methodology
Chapter 2 Executive Summary

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Green & Bio-based Solvents Market

Global Green & Bio-based Solvents Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
Green & Bio-based Solvents: Market Snapshot
Chapter 3 Green & Bio-based Solvents Market Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
Increasing Environmental Regulations over VOC Emissions Projected to Boost Green & Bio-based Solvents
Market
Volatile Petroleum Prices & Increasing Adoption of Bio-based Solvents Projected to Boost Green & Bio-based
Solvents Market
Restraints
High Cost of Production and Disparity of Raw Material Supply Anticipated to Act as Restraint for Green & Biobased Solvents Market
Opportunity
Increasing Government Support for Research of Green & Bio-based Solvents Coupled with Broadening
Application Array of Bio-Solvents Likely to Act as Opportunity for the Green & Bio-based Solvents Market
Chapter 4 Porters Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitutes
Threat of New Entrants

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Degree of Competition
Global Green & Bio-based Solvents Market Attractiveness, by Application
Global Green & Bio-based Solvents Market Attractiveness, by Country
Chapter 5 Raw Material and Price Trend Analysis
Chapter 6 Green & Bio-based Solvents Market Product Analysis
Global Green & Bio-based Solvents Market: Product Overview
Global Green & Bio-based Solvents Market Volume Share, by Product, 2014 and 2023
Green & Bio-based Solvents Market By Product Analysis
Global Bio-based Methanol Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Bio-based Ethanol Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Bio-based Propanol Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Bio-based Butanol Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Bio-based Propylene Glycol Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Ethyl Lactate Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global D-Limonene Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Methyl Soyate Market, 2014 2023 (Kilo Tons) (US$ Mn)
Global Other Green & Bio-based Solvents Market, 2014 2023 (Kilo Tons) (US$ Mn)
Chapter 7 Green & Bio-based Solvents Market Application Analysis
Global Green & Bio-based Solvents Market: Application Overview
Green & Bio-based Solvents Market By Application Analysis

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Global Green & Bio-based Solvents Market for Paints & Coatings, 2014 2023 (Kilo Tons) (US$ Mn)
Global Green & Bio-based Solvents Market for Printing Inks, 2014 2023 (Kilo Tons) (US$ Mn)
Global Green & Bio-based Solvents Market for Commercial & Domestic Cleaning, 2014 2023 (Kilo Tons)
(US$ Mn)
Global Green & Bio-based Solvents Market for Adhesives & Sealants, 2014 2023 (Kilo Tons) (US$ Mn)
Global Green & Bio-based Solvents Market for Pharmaceutical, 2014 2023 (Kilo Tons) (US$ Mn)
Global Green & Bio-based Solvents Market for Cosmetics, 2014 2023 (Kilo Tons) (US$ Mn)
Global Green & Bio-based Solvents Market for Other Application, 2014 2023 (Kilo Tons) (US$ Mn)
Chapter 8 Green & Bio-based Solvents Market - Regional Analysis
Global Green & Bio-based Solvents Market: Regional Overview
North America
North America Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
North America Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
North America Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
North America Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
U.S. Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
U.S. Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
U.S. Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
U.S. Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Rest of North America Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)

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Rest of North America Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Rest of North America Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Rest of North America Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Europe
Europe Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Europe Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Europe Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Europe Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
France Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
France Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
France Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
France Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
U.K. Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
U.K. Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
U.K. Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
U.K. Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Spain Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Spain Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Spain Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Spain Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)

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Green & Bio-based Solvents Market

Germany Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Germany Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Germany Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Germany Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Italy Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Italy Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Italy Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Italy Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Rest of Europe Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Rest of Europe Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Rest of Europe Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Rest of Europe Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Asia Pacific
Asia Pacific Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Asia Pacific Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Asia Pacific Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Asia Pacific Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
China Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
China Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
China Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)

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Green & Bio-based Solvents Market

China Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Japan Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Japan Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Japan Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Japan Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
ASEAN Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
ASEAN Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
ASEAN Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
ASEAN Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Rest of Asia Pacific Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Rest of Asia Pacific Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Rest of Asia Pacific Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Rest of Asia Pacific Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Latin America
Latin America Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Latin America Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Latin America Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Latin America Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Brazil Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Brazil Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)

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Green & Bio-based Solvents Market

Brazil Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Brazil Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Rest of Latin America Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Rest of Latin America Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Rest of Latin America Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Rest of Latin America Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Middle East & Africa
Middle East & Africa Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
Middle East & Africa Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Middle East & Africa Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
Middle East & Africa Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
GCC Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
GCC Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
GCC Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
GCC Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
South Africa Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)
South Africa Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
South Africa Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo Tons)
South Africa Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$ Mn)
Rest of Middle East & Africa Green & Bio-based Solvents Market Volume, by Product, 2014 2023 (Kilo Tons)

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Green & Bio-based Solvents Market

Rest of Middle East & Africa Green & Bio-based Solvents Market Revenue, by Product, 2014 2023 (US$ Mn)
Rest of Middle East & Africa Green & Bio-based Solvents Market Volume, by Application, 2014 2023 (Kilo
Tons)
Rest of Middle East & Africa Green & Bio-based Solvents Market Revenue, by Application, 2014 2023 (US$
Mn)
Chapter 9 Company Profiles
Cargill Inc.
Vertec Biosolvents Inc.
BioAmber Inc.
BioMCN
Corbion nv
Galactic
Archer Daniels Midland Company
Florida Chemical Company
Elevance Renewable Sciences, Inc
Cobalt Technologies
Chapter 10 List of Consumers of Green & Bio-based Solvents
Chapter 11 Primary Research Key Findings
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Green & Bio-based Solvents Market

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