Transparency Market Research Green & Bio-based Solvents (Bio-based Methanol, Bio-based Ethanol, Biobased Propanol, Bio-based Butanol, Bio-based Propylene Glycol, Ethyl Lactate, D-Limonene, Methyl Soyate, and Others) Market for Paints & Coaings, Prining Inks, Commercial & Domesic Published Date 06-Apr-2016 Buy Now Press Release 198 Page Report Request Sample Green & Bio-based Solvents Market to Reach US$8.05 bn by 2023 as Intensive Research Opens Growth Avenues Transparency Market Research StateTower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com Green & Bio-based SolventsMarket REPORT DESCRIPTION Green & Bio-based SolventsMarket- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Transparency Market Research has released a new market report itled “Green & Bio-based Solvents Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global green & biobased solvents market was valued at US$4.32 bn in 2014 and is anicipated to reach US$8.05 bn by 2023, expanding at a CAGR of 7.2% between 2015 and 2023. Browse Market Research Report @ htp://www.transparencymarketresearch.com/green-biobased-solvents-market.html Green & bio-based solvents are bio-based solvents manufactured using sugars, corn, beet root, and others.
Green & Bio-based Solvents Market to Reach US$8.05 bn by 2023 as Intensive Research Opens Growth Avenues
Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Green & Bio-based Solvents Market
REPORT DESCRIPTION
Green & Bio-based Solvents Market- Global ïndustry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Transparency Market Research has released a new market report itled “Green & BIo-based Solvents Market - Global ïndustry 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 anicIpated to reach US$8.05 bn by 2023, expandIng at a CAGR of 7.2% between 2015 and 2023.
Green & bIo-based solvents are bIo-based solvents manufactured usIng sugars, corn, beet root, and others. ThIs makes these products safe and eecive replacements for the convenional solvents made from crude oIl. Green & bIo-based solvents are employed In varIous applIcaions such as paInts & coaings, prIning Inks, commercIal & domesic cleanIng, adhesIves & sealants, pharmaceuical, and cosmeics. Growth In paInts & coaings, prIning Inks, and downstream IndustrIes Is prImarIly esimated to augment the global green & bIo-based solvents market In the next few years. ïncreasIng 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 anicIpated to hamper market growth durIng the forecast perIod. RIsIng demand for green & bIo-based solvents In the adhesIves & sealants, cosmeics, and pharmaceuical segments Is anicIpated to oer growth opportunIies to the market durIng the forecast perIod.
ïn terms of volume, bIo-based ethanol was the largest product segment of the global green & bIo-based solvents market, accouning for more than 45% share In 2014. Substanial commercIalIzaion and wIde applIcaion 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 commercIalIzaion of these bIo-based solvents and theIr extensIve demand In end-user IndustrIes.
ïn terms of applIcaions, paInts & coaings was the largest segment of the global green & bIo-based solvents market, consituing more than 40% share In 2014. CommercIal & domesic cleanIng Is projected to be another major applIcaion segment between 2015 and 2023. AdhesIves & sealants Is lIkely to be the fastest-growIng applIcaion segment durIng the forecast perIod, due to the rIsIng demand for these products In automoive and other downstream IndustrIes.
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Green & Bio-based Solvents Market
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 experise In these regIons. North AmerIca Is esimated 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 PacIîc Is also projected to wItness hIgh growth, owIng to the substanial demand for solvents In varIous IndustrIes and IncreasIng awareness about beneîts assocIated wIth bIo-based solvents. The global market for green & bIo-based solvents Is expescted to expand sIgnIîcantly In the near future.
Key players In the green & bIo-based solvents market Include CargIll ïnc., Vertec BIosolvents ïnc., BIoAmber ïnc., BIoMCN, CorbIon nv, Galacic, Archer DanIels MIdland Company, FlorIda ChemIcal Company, Elevance Renewable ScIences, ïnc., and Cobalt TechnologIes.
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ïncreasIng EnvIronmental Regulaions over VOC EmIssIons Projected to Boost Green & BIo-based Solvents Market
Volaile Petroleum PrIces & ïncreasIng Adopion of BIo-based Solvents Projected to Boost Green & BIo-based Solvents Market
RestraInts
HIgh Cost of Producion and DIsparIty of Raw MaterIal Supply AnicIpated to Act as RestraInt for Green & BIo-based Solvents Market
OpportunIty
ïncreasIng Government Support for Research of Green & BIo-based Solvents Coupled wIth BroadenIng ApplIcaion Array of BIo-Solvents LIkely to Act as OpportunIty for the Green & BIo-based Solvents Market
Chapter 4 Porter’s Five Forces Analysis
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BargaInIng Power of SupplIers
BargaInIng Power of Buyers
Threat of Subsitutes
Threat of New Entrants
Degree of Compeiion
Global Green & BIo-based Solvents Market Araciveness, by ApplIcaion
Global Green & BIo-based Solvents Market Araciveness, 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