The latest report by MarkNtel Advisors, titled “Green Solvent Market” Size study report 2023-28 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Green Solvent Market Share, Size, and Industry Analysis. By Type Bio-alcohol (Bio-ethanol, Bio-methanol, Bio-propanol, Bio-butanol), Bio-glycols (Bio-based Propylene Glycol, Bio-bases ethylene Glycol), Bio-diols, Ethyl Lactate, D-lime Stone, Methyl Soyate), By Application (Paint & Coatings, Industrial & Domestic Cleaning, Printing Inks, Cosmetic, Pharmaceutical, Agriculture, Other (Adhesive Sealant, Textile), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific). The Global Green Solvent Market is projected to grow at a CAGR of around 7.0% during the forecast period, i.e., 2023-28.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Green Solvent Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global Green Solvent Market Key Driver:
Supporting Government Regulation for Green Solvent – The stringent regulation of the government to reduce carbon emissions from the environment is driving the market growth of green solvents during the historical years. Many countries, like Germany, the US, etc., have been restricting the use of synthetic solvents to reduce carbon emissions from various industries. In the European Union, the usage of various solvents has lowered, such as chloroform, 1,2-DCE, carbon tetrachloride, NMP, DMF, DMAc, benzene, hexane, 1,4-dioxane, 1,2-DME, diethyl ether, etc., due to their adverse effect on human health & the environment. Therefore, various sectors, such as pharmaceutical, chemical, cosmetic, etc., are adopting these solvents to follow government norms for reducing carbon footprints. Hence, the growing demand for environment-friendly solvents from industries to minimize the carbon footprint from the environment is driving the market growth.
Green Solvent Market Segmentation
By Type
-Bio-alcohol
–Bio-ethanol
–Bio-methanol
–Bio-propanol
–Bio-butanol
-Bio-glycols
–Bio-based Propylene Glycol
–Bio-bases ethylene Glycol
-Bio-diols
-Ethyl Lactate
-D-lime Stone
-Methyl Soyate
By Application
-Paint & Coatings
-Industrial & Domestic Cleaning
-Printing Inks
-Cosmetic
-Pharmaceutical
-Agriculture
-Other (Adhesive Sealant, Textile)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Major Key Players in Green Solvent Market research report:
-BASF SE
-Stepan Company
-DuPont
-Akzoobel
-Lyondell Basell
-Cargill Incorporated
-Florachem Corporation.
-Total Corbion PLA
-Solvay
-Vertical Biosolvent.
-GF Biochemicals
-Astrobio
-BIOMCN
-Galactic
-Check for other companies (LyondellBasell, Dow, Gevo, etc.)
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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