Green And Bio Solvents Market 2021-2025: North America will Lead the Market Growth

The green and bio-solvents market share is expected to grow up to USD 3.17 billion, accelerating at a CAGR of  4.63% during the forecast period. The increasing demand for environment-friendly products will offer immense growth opportunities to market vendors. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

Get a peek into the extensive green and bio-solvents market analysis: View the FREE PDF Sample Report

Green And Bio Solvents Market: Leading Segments and Growth Analysis

The green and bio-solvents market report will provide insights into each segment's current market share and growth projections for the next five years.

• The green and bio-solvents market is segmented by Application (Paints and coatings, Printing inks, Cleaning products, Adhesives and sealants, and Others) and Geography (North America, Europe, APAC, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on the current market scenario.
• Based on the application, the green and bio-solvents market growth in the paints and coatings segment will be significant during the forecast period.
• In terms of geographic segmentation, 35% of the market growth will originate from North America during the forecast period. The growing acceptance among numerous end-user industries will facilitate the green and bio-solvents market growth in North America over the forecast period. The US and Canada are the key markets for green and bio solvents in North America. 
• The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the green and bio-solvents market size.

Green And Bio Solvents Market: Trends, Drivers, Challenges to impact growth

• A key market driver for the green and bio-solvents market will be the increasing demand for environment-friendly products.
• Acceptance among numerous end-user industries will be instrumental in driving the market growth during the forecast period.
• Lack of commercialization is a hurdle that needs to be crossed on the path to success.

Green And Bio Solvents Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Archer Daniels Midland Co., BASF SE, Corbion NV, CREMER OLEO GmbH and Co. KG, Galactic SA, GFBiochemicals Spa, Liberty Chemicals Srl, Solvay SA, Stepan Co., and Vertec Biosolvents Inc. are some of the major green and bio solvents market vendors.

Download the Free PDF Sample Report. The custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 4.63%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 3.17 billion.
    
3. What is a key factor driving this market?
   Increasing demand for environment-friendly products will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   35% growth will originate from North America.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Archer Daniels Midland Co., BASF SE, Corbion NV, CREMER OLEO GmbH and Co. KG, Galactic SA, GFBiochemicals Spa, Liberty Chemicals Srl, Solvay SA, Stepan Co., and Vertec Biosolvents Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Paints and coatings, Printing inks, Cleaning products, Adhesives and sealants, and Others) and Geography (North America, Europe, APAC, South America, and MEA).