Green and Bio Solvents Market Size to Increase over $ 3 Bn| North America to Offer Maximum Growth Opportunity | Technavio

NEW YORK, Oct. 4, 2021 /PRNewswire/ — The green and bio solvents market is expected to grow by USD 3.17…

NEW YORK, Oct. 4, 2021 /PRNewswire/ — The green and bio solvents market is expected to grow by USD 3.17 billion during 2021-2025. Technavio’s latest market research report estimates that the green and bio solvents market will be progressing at a CAGR of almost 5%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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 market participants. Although the increasing demand for environment-friendly products and the acceptance among numerous end-user industries will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Green and Bio Solvents Market 2021-2025: Segmentation

Green and Bio Solvents Market is segmented as below:

  • Application
    • Paints And Coatings
    • Printing Inks
    • Cleaning Products
    • Adhesives And Sealants
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

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Green and Bio Solvents Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the green and bio solvents market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include 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.

The report also covers the following areas:

Favorable government regulations is likely to emerge as one of the primary drivers of the market. However, the lack of commercialization may threaten the growth of the market.

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Backed with competitive intelligence and benchmarking, our research report on the green and bio solvents market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Green and Bio Solvents Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist green and bio solvents market growth during the next five years
  • Estimation of the green and bio solvents market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the green and bio solvents market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of green and bio solvents market vendors

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Global Aromatic Solvents Market – Global aromatic solvents market is segmented by end-user (paints and coatings, automotive, pharmaceuticals, oilfield chemicals, and others), type (toluene, xylene, ethylbenzene, benzene, and others), and geography (APAC, North America, Europe, MEA, and South America).

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Green and Bio Solvents Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 5%

Market growth 2021-2025

$ 3.17 billion

Market structure

Fragmented

YoY growth (%)

4.76

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 35%

Key consumer countries

US, China, Germany, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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