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Green And Bio Based Solvents Market
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Green And Bio Based Solvents Market

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Green and Bio-based Solvents Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2013–2029, Segmented By Type (Esters, Alcohols, Diols & Glycols, D-Limonene), By Application (Adhesives & Sealants, Printing Ink, Industrial & Domestic Cleaners, Paints and Coatings, Pharmaceuticals), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: January 2023
  • Report ID: BWC22616
  • Available Format: PDF
  • Page: 194

Report Overview

The global green & bio-based solvents market is flourishing at a high rate owing to the expanding application of green & bio-based solvents in various industries including pharmaceuticals, cosmetics, adhesives, paints and coatings, industrial and domestic cleaners., and increasing demand for greener products along with rising demand for ethical and cleaner products from brands by end users and consumers.

Global Green & Bio-based Solvents Market - Industry Trends & Forecast Report, 2029

The global green & bio-based solvents market size is estimated at USD 2.65 billion in 2022. During the forecast period between 2023 and 2029, the global green & bio-based solvents market size is projected to grow at a CAGR of 9.2% reaching a value of USD 4.82 billion by 2029. The lucrative growth of the market is attributed to expanding application of green & bio-based solvents in various industries including pharmaceuticals, cosmetics, adhesives, paints and coatings, and industrial and domestic cleaners. An increasing demand for greener products along with rising demand for ethical and cleaner products from brands by end users and consumers is also playing a crucial factor in propelling the growth of the global green & bio-based solvents market.

Green and Bio-based Solvents Market

Global Green & Bio-based Solvents Market

Growth Drivers

Surging Demand for Green & Bio-Based Solvents

The expanding application of green & bio-based solvents acts as the major growth factor for the overall market. The green & bio-based solvents are gaining huge popularity in a wide range of industries such as pharmaceuticals, cosmetics, industrial and domestic cleaners, printing inks, adhesives. The paint industry, for instance, is replacing chemicals in paints with green & bio-based solvents to promote safety. Several cosmetic products such as hair care products, shaving creams, soaps., are also being installed with green & bio-based solvents instead of synthetic chemicals, which is boosting its market growth.

Restraints

Inadequate Supply of Feedstocks

To expand the scope of the global green & bio-based solvents market, an adequate supply of raw materials is extremely important. However, since the market is relatively new, solvent producers are facing huge challenges in ensuring the constant supply of raw materials and maintaining product quality. Furthermore, the domination of large firms also acts as a huge restraint to the market. These large organizations often hoard raw materials in bulk, due to which they can maintain low prices and give tough competition to SMEs.

Impact of COVID-19 on Global Green & Bio-based Solvents Market

The unprecedented COVID-19 pandemic significantly halted the growth of the global-green & bio-based solvents market. The disruptions in manufacturing activities as well as the supply chain directly affected the demand and supply of solvents, due to which the market had to witness significant losses. However, the demand for green & bio-based solvents spiked as the market stabilized due to the high demand for sanitizers and other cleaning products. Furthermore, it also registered strong demand from the pharmaceutical industry. The global market for green & bio-based solvents is also anticipated to witness lucrative growth in the post-COVID-19 period owing to a shift towards the use of ethical and environmental-friendly products.

Global Green & Bio-based Solvents Market

Segmental Coverage

Global Green & Bio-based Solvents Market – By Type

Based on type, the global green & bio-based solvents market is segregated into esters, alcohols, diols & glycols, and d-limonene segments. The esters segment holds the highest market share in 2022 and is expected to register significant growth during the forecast period as well. Esters are used as solvents in various industries including lacquers, paints, and varnishes, and can be twisted to make other types of solvents such as ethyl acetate and butyl acetate, that are produced in large quantities for commercial purposes.

Green & Bio-based Solvents Market Size

Global Green & Bio-based Solvents Market – By Application

Based on application, the global green & bio-based solvents market is segmented into adhesives & sealants, printing ink, industrial & domestic cleaners, paints and coatings, and pharmaceuticals. The paints and coatings segment accounts for the highest market share owing to the rising consumer consciousness towards the environment and the potential side effects of VOC exposure. They are increasingly getting aware of the short and long-term health effects of chemicals found in paints and coatings, due to which they are seeking safer and healthier options. As a result, the companies are now targeting these consumers by introducing green & bio-based solvents into their paints and coatings, which is driving its market growth.

Green & Bio-based Solvents Market Share

Global Green & Bio-based Solvents Market – By Region

Geographically, the global green & bio-based solvents market covers five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominates the global green–bio-based solvents market. The solvent manufacturers in the region are constantly investing in research and development activities to innovate their offerings and reduce the toxicity and CO2 levels of their bio-based solvents. However, the Asia–Pacific region is emerging as the biggest potential market owing to the increasing number of end-user industries such as pharmaceuticals, paints, coatings., in emerging economies.

Competitive Landscape

Competition in global green & bio-based solvents market is intense. Major players operating in the market include BASF SE, Dow Huntsman Corporation, Bio-Amber Inc, Cargill Inc, Cremer Oleo Gmbh & Co., Vertec Biosolvents Inc., Florida Chemical Company, Novvi, Licella, Genomatica, Avantium, Lanzatech, Vivergofuels, Botaneco Inc., Klk Oleo, Polygreen, Sharon Laboratories, Temix Oleo, and Symrise AG. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In November 2022 - Valmet, a Finland-based technology company, signed a contract with Circa to provide a pyrolyzer plant for the French ReSolute facility of Circa to make sustainable biochemicals.

  • In June 2022 - Toyo–Morton, a Japan-based manufacturer of laminating adhesives, developed the Ecoad EA–B3860/EA–B1290, a high–solids solvent–based adhesive that brings down CO2 emissions by roughly 25%.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period– 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Product/ Service Segmentation

Type, Application, Region

Key Players

BASF SE, Dow Huntsman Corporation, Bio-Amber Inc, Cargill Inc, Cremer Oleo Gmbh & Co., Vertec Biosolvents Inc., Florida Chemical Company, Novvi, Licella, Genomatica, Avantium, Lanzatech, Vivergofuels, Botaneco Inc., Klk Oleo, Polygreen, Sharon Laboratories, Temix Oleo, Symrise AG

 

 

By Type

  • Esters

  • Alcohols

  • Diols & Glycols

  • D-Limonene

By Application

  • Adhesives & Sealants

  • Printing Ink

  • Industrial & Domestic Cleaners

  • Paints and Coatings

  • Pharmaceuticals

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Green & Bio-based Solvents Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Surging demand of green bio-based solvents by various industries
        2. Rising demand for environment-friendly solvents
        3. Implementation of environmental regulations
      2. Restraints
        1. Inadequate supply of feedstocks
        2. High cost of production
      3. Opportunities
        1. Increasing R&D on green bio solvents
        2. Advancements in production technologies
      4. Challenges
        1. High market competition
        2. Uncertainty about the reliability
    3. Product Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Green & Bio-based Solvents Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Esters
        2. Alcohols
        3. Diols & Glycols
        4. D-Limonene
      2. By Application
        1. Adhesives & Sealants
        2. Printing Ink
        3. Industrial & Domestic Cleaners
        4. Paints and Coatings
        5. Pharmaceuticals
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle East and Africa (MEA)
  5. North America Green & Bio-based Solvents Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. US
          1. By Type
          2. By Application
        2. Canada
          1. By Type
          2. By Application
  6. Europe Green & Bio-based Solvents Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Germany
          1. By Type
          2. By Application
        2. UK
          1. By Type
          2. By Application
        3. Italy
          1. By Type
          2. By Application
        4. France
          1. By Type
          2. By Application
        5. Spain
          1. By Type
          2. By Application
        6. The Netherlands
          1. By Type
          2. By Application
        7. Belgium
          1. By Type
          2. By Application
        8. NORDIC Countries
          1. By Type
          2. By Application
        9. Rest of Europe
          1. By Type
          2. By Application
  7. Asia Pacific Green & Bio-based Solvents Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. China
          1. By Type
          2. By Application
        2. India
          1. By Type
          2. By Application
        3. Japan
          1. By Type
          2. By Application
        4. South Korea
          1. By Type
          2. By Application
        5. Australia & New Zealand
          1. By Type
          2. By Application
        6. Indonesia
          1. By Type
          2. By Application
        7. Malaysia
          1. By Type
          2. By Application
        8. Singapore
          1. By Type
          2. By Application
        9. Philippines
          1. By Type
          2. By Application
        10. Vietnam
          1. By Type
          2. By Application
        11. Rest of Asia Pacific
          1. By Type
          2. By Application
  8. Latin America Green & Bio-based Solvents Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Brazil
          1. By Type
          2. By Application
        2. Mexico
          1. By Type
          2. By Application
        3. Argentina
          1. By Type
          2. By Application
        4. Peru
          1. By Type
          2. By Application
        5. Colombia
          1. By Type
          2. By Application
        6. Rest of Latin America
          1. By Type
          2. By Application
  9. Middle East & Africa Green & Bio-based Solvents Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Saudi Arabia
          1. By Type
          2. By Application
        2. UAE
          1. By Type
          2. By Application
        3. Qatar
          1. By Type
          2. By Application
        4. Kuwait
          1. By Type
          2. By Application
        5. Iran
          1. By Type
          2. By Application
        6. South Africa
          1. By Type
          2. By Application
        7. Nigeria
          1. By Type
          2. By Application
        8. Kenya
          1. By Type
          2. By Application
        9. Egypt
          1. By Type
          2. By Application
        10. Morocco
          1. By Type
          2. By Application
        11. Algeria
          1. By Type
          2. By Application
        12. Rest of Middle East & Africa
          1. By Type
          2. By Application
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Green & Bio-based Solvents Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
  11. Impact of Covid-19 on Global Green & Bio-based Solvents Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. BASF SE
    2. Dow Huntsman Corporation
    3. Bio-Amber Inc
    4. Cargill Inc
    5. Cremer Oleo Gmbh & Co.
    6. Vertec Biosolvents Inc.
    7. Florida Chemical Company
    8. Novvi
    9. Licella
    10. Genomatica
    11. Avantium
    12. Lanzatech
    13. Vivergofuels
    14. Botaneco Inc.
    15. Klk Oleo
    16. Polygreen
    17. Sharon Laboratories
    18. Temix Oleo
    19. Symrise AG
    20. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

 

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

Figure 1        Global Green & Bio-based Solvents Market Segmentation

Figure 2        Global Green & Bio-based Solvents Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 5        Global Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 6        Global Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 7        Global Green & Bio-based Solvents Market Share, By Region, By Value, 2019–2029

Figure 8        North America Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 9        North America Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 10       North America Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 11       North America Green & Bio-based Solvents Market Share, By Country, By Value, 2019–2029

Figure 12       US Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 13       US Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 14       US Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 15       Canada Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 16       Canada Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 17       Canada Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 18       Europe Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 19       Europe Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 20       Europe Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 21       Europe Green & Bio-based Solvents Market Share, By Country, By Value, 2019–2029

Figure 22       Germany Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 23       Germany Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 24       Germany Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 25       UK Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 26       UK Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 27       UK Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 28       Italy Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 29       Italy Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 30       Italy Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 31       France Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 32       France Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 33       France Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 34       Spain Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 35       Spain Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 36       Spain Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 37       The Netherlands Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 38       The Netherlands Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 39       The Netherlands Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 40       Belgium Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 41       Belgium Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 42       Belgium Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 43       NORDIC Countries Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 44       NORDIC Countries Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 45       NORDIC Countries Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 46       Rest of Europe Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 47       Rest of Europe Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 48       Rest of Europe Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 49       Asia-Pacific Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 50       Asia-Pacific Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 51       Asia-Pacific Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 52       Asia-Pacific Green & Bio-based Solvents Market Share, By Country, By Value, 2019–2029

Figure 53       China Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 54       China Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 55       China Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 56       India Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 57       India Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 58       India Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 59       Japan Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 60       Japan Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 61       Japan Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 62       South Korea Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 63       South Korea Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 64       South Korea Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 65       Australia & New Zealand Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 66       Australia & New Zealand Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 67       Australia & New Zealand Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 68       Indonesia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 69       Indonesia Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 70       Indonesia Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 71       Malaysia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 72       Malaysia Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 73       Malaysia Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 74       Singapore Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 75       Singapore Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 76       Singapore Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 77       Philippines Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 78       Philippines Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 79       Philippines Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 80       Vietnam Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 81       Vietnam Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 82       Vietnam Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 83       Rest of APAC Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 84       Rest of APAC Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 85       Rest of APAC Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 86       Latin America Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 87       Latin America Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 88       Latin America Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 89       Latin America Green & Bio-based Solvents Market Share, By Country, By Value, 2019–2029

Figure 90       Brazil Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 91       Brazil Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 92       Brazil Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 93       Mexico Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 94       Mexico Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 95       Mexico Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 96       Argentina Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 97       Argentina Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 98       Argentina Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 99       Peru Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 100     Peru Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 101     Peru Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 102     Colombia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 103     Colombia Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 104     Colombia Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 105     Rest of LATAM Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 106     Rest of LATAM Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 107     Rest of LATAM Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 108     Middle East & Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 109     Middle East & Africa Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 110     Middle East & Africa Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 111     Middle East & Africa Green & Bio-based Solvents Market Share, By Country, By Value, 2019–2029

Figure 112     Saudi Arabia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 113     Saudi Arabia Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 114     Saudi Arabia Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 115     UAE Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 116     UAE Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 117     UAE Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 118     Qatar Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 119     Qatar Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 120     Qatar Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 121     Kuwait Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 122     Kuwait Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 123     Kuwait Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 124     Iran Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 125     Iran Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 126     Iran Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 127     South Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 128     South Africa Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 129     South Africa Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 130     Nigeria Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 131     Nigeria Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 132     Nigeria Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 133     Kenya Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 134     Kenya Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 135     Kenya Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 136     Egypt Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 137     Egypt Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 138     Egypt Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 139     Morocco Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 140     Morocco Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 141     Morocco Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 142     Algeria Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 143     Algeria Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 144     Algeria Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

Figure 145     Rest of Middle East & Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Figure 146     Rest of Middle East & Africa Green & Bio-based Solvents Market Share, By Type, By Value, 2019–2029

Figure 147     Rest of Middle East & Africa Green & Bio-based Solvents Market Share, By Application, By Value, 2019–2029

           

List of Tables

Table 1         Global Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 2         Global Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 3         Global Green & Bio-based Solvents Market Size, By Region, By Value, 2019–2029

Table 4         North America Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 5         North America Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 6         North America Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 7         North America Green & Bio-based Solvents Market Size, By Country, By Value, 2019–2029

Table 8         US Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 9         US Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 10        US Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 11        Canada Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 12        Canada Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 13        Canada Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 14        Europe Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 15        Europe Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 16        Europe Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 17        Europe Green & Bio-based Solvents Market Size, By Country, By Value, 2019–2029

Table 18        Germany Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 19        Germany Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 20        Germany Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 21        UK Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 22        UK Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 23        UK Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 24        Italy Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 25        Italy Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 26        Italy Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 27        France Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 28        France Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 29        France Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 30        Spain Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 31        Spain Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 32        Spain Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 33        The Netherlands Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 34        The Netherlands Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 35        The Netherlands Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 36        Belgium Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 37        Belgium Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 38        Belgium Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 39        NORDIC Countries Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 40        NORDIC Countries Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 41        NORDIC Countries Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 42        Rest of Europe Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 43        Rest of Europe Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 44        Rest of Europe Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 45        Asia-Pacific Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 46        Asia-Pacific Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 47        Asia-Pacific Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 48        Asia-Pacific Green & Bio-based Solvents Market Size, By Country, By Value, 2019–2029

Table 49        China Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 50        China Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 51        China Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 52        India Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 53        India Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 54        India Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 55        Japan Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 56        Japan Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 57        Japan Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 58        South Korea Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 59        South Korea Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 60        South Korea Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 61        Australia & New Zealand Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 62        Australia & New Zealand Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 63        Australia & New Zealand Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 64        Indonesia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 65        Indonesia Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 66        Indonesia Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 67        Malaysia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 68        Malaysia Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 69        Malaysia Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 70        Singapore Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 71        Singapore Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 72        Singapore Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 73        Philippines Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 74        Philippines Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 75        Philippines Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 76        Vietnam Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 77        Vietnam Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 78        Vietnam Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 79        Rest of APAC Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 80        Rest of APAC Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 81        Rest of APAC Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 82        Latin America Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 83        Latin America Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 84        Latin America Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 85        Latin America Green & Bio-based Solvents Market Size, By Country, By Value, 2019–2029

Table 86        Brazil Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 87        Brazil Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 88        Brazil Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 89        Mexico Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 90        Mexico Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 91        Mexico Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 92        Argentina Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 93        Argentina Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 94        Argentina Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 95        Peru Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 96        Peru Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 97        Peru Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 98        Colombia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 99        Colombia Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 100      Colombia Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 101      Rest of LATAM Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 102      Rest of LATAM Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 103      Rest of LATAM Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 104      Middle East & Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 105      Middle East & Africa Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 106      Middle East & Africa Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 107      Middle East & Africa Green & Bio-based Solvents Market Size, By Country, By Value, 2019–2029

Table 108      Saudi Arabia Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 109      Saudi Arabia Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 110      Saudi Arabia Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 111      UAE Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 112      UAE Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 113      UAE Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 114      Qatar Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 115      Qatar Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 116      Qatar Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 117      Kuwait Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 118      Kuwait Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 119      Kuwait Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 120      Iran Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 121      Iran Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 122      Iran Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 123      South Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 124      South Africa Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 125      South Africa Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 126      Nigeria Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 127      Nigeria Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 128      Nigeria Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 129      Kenya Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 130      Kenya Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 131      Kenya Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 132      Egypt Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 133      Egypt Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 134      Egypt Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 135      Morocco Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 136      Morocco Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 137      Morocco Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 138      Algeria Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 139      Algeria Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 140      Algeria Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 141      Rest of Middle East & Africa Green & Bio-based Solvents Market Size, By Value (USD Million), 2019–2029

Table 142      Rest of Middle East & Africa Green & Bio-based Solvents Market Size, By Type, By Value, 2019–2029

Table 143      Rest of Middle East & Africa Green & Bio-based Solvents Market Size, By Application, By Value, 2019–2029

Table 144      Symrise AG Company Overview

Table 145      Symrise AG Financial Overview

Table 146      BASF SE Company Overview

Table 147      BASF SE Financial Overview

Table 148      Avantium Company Overview

Table 149      Avantium Financial Overview

Table 150      Bio-Amber Inc Company Overview

Table 151      Bio-Amber Inc Financial Overview

Table 152      Cargill Inc Company Overview

Table 153      Cargill Inc Financial Overview

Table 154      Cremer Oleo Gmbh & Co. Company Overview

Table 155      Cremer Oleo Gmbh & Co. Financial Overview

Table 156      Vertec Biosolvents Inc. Company Overview

Table 157      Vertec Biosolvents Inc. Financial Overview

Table 158      Florida Chemical Company Overview

Table 159      Florida Chemical Company Financial Overview

Table 160      Novvi Company Overview

Table 161      Novvi Financial Overview

Table 162      Licella Company Overview

Table 163      Licella Financial Overview

Table 164      Genomatica Company Overview

Table 165      Genomatica Financial Overview

Table 166      Avantium Company Overview

Table 167      Avantium Financial Overview

Table 168      Lanzatech Company Overview

Table 169      Lanzatech Financial Overview

Table 170      Vivergofuels Company Overview

Table 171      Vivergofuels Financial Overview

Table 172      Botaneco Inc. Company Overview

Table 173      Botaneco Inc. Financial Overview

Table 174      Klk Oleo Company Overview

Table 175      Klk Oleo Financial Overview

Table 176      Polygreen Company Overview

Table 177      Polygreen Financial Overview

Table 178      Sharon Laboratories Company Overview

Table 179      Sharon Laboratories Financial Overview

Table 180      Temix Oleo Company Overview

Table 181      Temix Oleo Financial Overview

 

Market Segmentation

By Type

  • Esters

  • Alcohols

  • Diols & Glycols

  • D-Limonene

By Application

  • Adhesives & Sealants

  • Printing Ink

  • Industrial & Domestic Cleaners

  • Paints and Coatings

  • Pharmaceuticals

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

No data available

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Frequently Asked Questions (FAQs):

Ans: Asia Pacific is expected to grow at the fastest rate in Global Green & Bio-based Solvents Market during the forecast period.
Ans: Global Green & Bio-based Solvents Market size was estimated at USD 2.65 billion in 2022.
Ans: Major factors driving the growth of Global Green & Bio-based Solvents Market include surging demand of green bio-based solvents by various industries and rising demand for environment-friendly solvents.
Ans: Key players in Global Green & Bio-based Solvents Market include BASF SE, Dow Huntsman Corporation, Bio-Amber Inc, Cargill Inc, Cremer Oleo Gmbh & Co., Vertec Biosolvents Inc., Florida Chemical Company, Novvi, Licella, Genomatica, Avantium, Lanzatech, Vivergofuels, Botaneco Inc., Klk Oleo, Polygreen, Sharon Laboratories, Temix Oleo, Symrise AG.
Ans: The esters segment held the highest market share in Global Green & Bio-based Solvents Market by type. 
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