Green Solvents and Bio Solvents Market 2018 worth 8.18 Billion USD by 2025

Global Green Solvents and Bio Solvents Market Insights, Forecast to 2025
Environmental & regulatory pressure to drive the green & bio-solvents market
The drivers identified for the green & bio-solvents market are environmental & regulatory pressure designed to reduce the emissions of ODS, VOCs, and HAPs; reduced dependency on petrochemical solvents and the exporting countries; improved competitiveness from product differentiation; and uncertainty about oil price development. Countries such as China, the U.S., and Brazil are the major markets of green & bio-solvents. The market in countries of Middle East and Africa are also growing. In developed countries such as the U.S., Spain, Germany, Japan, and Italy, the market is growing at a low-to-moderate rate.
North America to be the key market for Green & Bio-Solvents
North America is the largest market for green & bio-solvents, both in terms of volume and value, followed by Europe and Asia-Pacific. The key players in this market are Archer Daniels Midland Company (U.S.), BASF SE (Germany), BioAmber Inc. (U.S.), Huntsman Corporation (U.S.), E.I. Du Pont de Nemours & Co. (U.S.), The Dow Chemical Company (U.S.), Vertec Biosolvents Inc. (U.S.), Florida Chemical Company (U.S.), Cargill Incorporated (U.S.), and Cremer Oleo GmbH & Co. KG (Germany), among others.
The green & bio-solvents market, in terms of value and volume, is estimated by considering the current and future estimation according to the economic and industrial outlook. This analysis also covers important developments, expansions, partnerships & agreements, and mergers & acquisitions of the leading global companies.
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Top Leading Companies for Green Solvents and Bio Solvents Market
Archer Daniels Midland Company
Akzo Nobel NV
BASF SE
The DOW Chemical Company
Bioamber Inc.
Cargill
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Green Solvents and Bio Solvents Market, by Types:
Alcohols, Glycols, Esters, Soy Methyl Ester, Lactate Ester, D-Limonene, Others
Green Solvents and Bio Solvents Market, by Applications:
Paints and Coatings, Metal Cleaning/Industrial Cleaners, Printing Inks, Adhesives, Pharmaceuticals, Others
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Green Solvents and Bio Solvents Market contains 113 pages.
Research Methodology for Global Green Solvents and Bio Solvents
Asphalt paving and roofing shingles to be the key application areas
The opportunities for the green & bio-solvents industry are asphalt paving and roofing shingles, extracting bitumen, and heavy oil from Canadian Tar Sands, and petroleum solvent replacement in key applications.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

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