All updated as on -
From 2024–2031, the global coronary stent market is expected to expand from an initial valuation of 1.18 billion USD to 3.48 billion USD, a compound annual growth rate (CAGR) of 6.4%.
Rising awareness of environmental issues and legislative mandates to reduce the use of harmful chemicals have contributed to the global green solvents market's consistent growth in recent years. A number of sectors, including those dealing with pharmaceuticals, chemicals, and finishes and paints, have shown interest in green solvents due to their potential to be less harmful to human health. A number of factors are propelling this industry forward, including strict environmental restrictions, an increased emphasis on sustainability, and the demand for safer production methods.
One factor fueling the expansion of this market is the widespread use of bio-based and bio-derived solvents, such as glycols and ethanol. Another factor that has contributed to the expansion of the market is the development of new green solvent technologies, which have enhanced performance characteristics. As a result of rapid industrialization and strict environmental regulations, the Asia-Pacific region has become a premier market for inexperienced solvents. The global inexperienced solvents market is expected to continue growing and undergoing innovation, driven by the continued emphasis on sustainability by industries around the world.
The product is used to disperse or dissolve the compounds used in paint production. Demand for eco-friendly paints and coatings has increased due to favorable regulations and rules set forth by the European Commission (EC), the Eco-product Certification Scheme (ECS), and others in both developing and developed economies. The product market can see a significant boost from this. Furthermore, the packaging industry has grown rapidly in response to the increasing demand for consumer goods. This industry makes use of green solvent-based sealants and adhesives for bonding purposes. Throughout the anticipated period, these elements will set off the expansion of the market.
Due to the federal government's increasing focus on bio-based commodities, the product's appeal has skyrocketed across numerous end-use industries. According to a report released by the OECD, several Swiss government agencies are actively encouraging the use of bio-based products in different industries. These include the Federal Office for the Environment (FOEN), the Swiss State Secretariat for Economic Affairs (SECO), the German Environment Agency (UBA), Nature Conservation and Nuclear Safety (BMU), and the German Federal Ministry for the Environment. There may be more chances for the product market and higher demand as a result of this.
Chemical substances known as "green solvents" are an improvement over conventional solvents in terms of their impact on the environment. The levels of toxicity and flammability are lower in these. Numerous sectors make use of green solvents, including the pharmaceutical, cleaning, and paint & coating industries. Natural oils and esters, which are bio-based solvents, and carbon dioxide, which is a supercritical fluid, are examples of environmentally friendly solvents. The global market for green solvents is experiencing strong expansion, propelled by rising environmental concerns and stricter regulations regarding the use of traditional solvents. Sustainable and environmentally friendly products are becoming increasingly popular, which will drive future market growth.
Consumers' growing concern for the environment and their desire to utilize green products is a major factor propelling the worldwide green solvents market. The demand for green solvents is being driven by their increasing acceptance in paints and coatings, among other end-use applications. The fluctuating cost of crude oil also plays a role in the expansion of the green solvents industry. The market expansion of green solvents is hindered by their high production costs. Green solvents have a lot of potential in the market, thanks to the federal government's pro-environment policies and the regulatory framework's adoption in emerging nations.
With an emphasis on the worldwide market trend analysis, the "Global Green Solvents Market Analysis to 2028" provides a comprehensive and expert examination of the Chemicals and Materials sector. The purpose of this research is to offer a synopsis of the green solvents industry by breaking it down into submarkets defined by location, product type, and application. Over the next few years, the worldwide market for green solvents is predicted to experience significant expansion. In addition to outlining major trends and possibilities in the green solvents market, the research gives key statistics on the current state of the industry's top competitors.
Report Coverage
Global Green Solvents research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Green Solvents report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Green Solvents competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Green Solvents market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Green Solvents market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Green Solvents market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE - Germany, The Dow Chemical Company - United States, E.I. du Pont de Nemours and Company (DuPont) - United States, Huntsman Corporation - United States, Archer Daniels Midland Company - United States, Solvay S.A. - Belgium, LyondellBasell Industries N.V. - Netherlands, Stepan Company - United States, Vertec Biosolvents Inc. - United States, Merck KGaA - Germany, BioAmber Inc. - United States, Cargill, Incorporated - United States, Corbion N.V. - Netherlands, Arkema S.A. - France, Ineos Group Holdings S.A. - Switzerland, Huntsman International LLC - United States, Clariant AG - Switzerland, Procter & Gamble - United States, Croda International Plc - United Kingdom, Eastman Chemical Company - United States.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Green Solvents market based on the below-mentioned segments:
Global Green Solvents Market, By Type
Bio-Alcohols
Bio-Diols
Bio-Glycols
Lactate Esters
Others
Global Green Solvents market, By Application
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Printing Inks
Pharmaceuticals
Cosmetics
Others
Global Green Solvents market, Regional Analysis
Rising awareness of environmental issues and legislative mandates to reduce the use of harmful chemicals have contributed to the global green solvents market's consistent growth in recent years. A number of sectors, including those dealing with pharmaceuticals, chemicals, and finishes and paints, have shown interest in green solvents due to their potential to be less harmful to human health. A number of factors are propelling this industry forward, including strict environmental restrictions, an increased emphasis on sustainability, and the demand for safer production methods.
One factor fueling the expansion of this market is the widespread use of bio-based and bio-derived solvents, such as glycols and ethanol. Another factor that has contributed to the expansion of the market is the development of new green solvent technologies, which have enhanced performance characteristics. As a result of rapid industrialization and strict environmental regulations, the Asia-Pacific region has become a premier market for inexperienced solvents. The global inexperienced solvents market is expected to continue growing and undergoing innovation, driven by the continued emphasis on sustainability by industries around the world.
The product is used to disperse or dissolve the compounds used in paint production. Demand for eco-friendly paints and coatings has increased due to favorable regulations and rules set forth by the European Commission (EC), the Eco-product Certification Scheme (ECS), and others in both developing and developed economies. The product market can see a significant boost from this. Furthermore, the packaging industry has grown rapidly in response to the increasing demand for consumer goods. This industry makes use of green solvent-based sealants and adhesives for bonding purposes. Throughout the anticipated period, these elements will set off the expansion of the market.
Due to the federal government's increasing focus on bio-based commodities, the product's appeal has skyrocketed across numerous end-use industries. According to a report released by the OECD, several Swiss government agencies are actively encouraging the use of bio-based products in different industries. These include the Federal Office for the Environment (FOEN), the Swiss State Secretariat for Economic Affairs (SECO), the German Environment Agency (UBA), Nature Conservation and Nuclear Safety (BMU), and the German Federal Ministry for the Environment. There may be more chances for the product market and higher demand as a result of this.
Chemical substances known as "green solvents" are an improvement over conventional solvents in terms of their impact on the environment. The levels of toxicity and flammability are lower in these. Numerous sectors make use of green solvents, including the pharmaceutical, cleaning, and paint & coating industries. Natural oils and esters, which are bio-based solvents, and carbon dioxide, which is a supercritical fluid, are examples of environmentally friendly solvents. The global market for green solvents is experiencing strong expansion, propelled by rising environmental concerns and stricter regulations regarding the use of traditional solvents. Sustainable and environmentally friendly products are becoming increasingly popular, which will drive future market growth.
Consumers' growing concern for the environment and their desire to utilize green products is a major factor propelling the worldwide green solvents market. The demand for green solvents is being driven by their increasing acceptance in paints and coatings, among other end-use applications. The fluctuating cost of crude oil also plays a role in the expansion of the green solvents industry. The market expansion of green solvents is hindered by their high production costs. Green solvents have a lot of potential in the market, thanks to the federal government's pro-environment policies and the regulatory framework's adoption in emerging nations.
With an emphasis on the worldwide market trend analysis, the "Global Green Solvents Market Analysis to 2028" provides a comprehensive and expert examination of the Chemicals and Materials sector. The purpose of this research is to offer a synopsis of the green solvents industry by breaking it down into submarkets defined by location, product type, and application. Over the next few years, the worldwide market for green solvents is predicted to experience significant expansion. In addition to outlining major trends and possibilities in the green solvents market, the research gives key statistics on the current state of the industry's top competitors.
Report Coverage
Global Green Solvents research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Green Solvents report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Green Solvents competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Green Solvents market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE - Germany, The Dow Chemical Company - United States, E.I. du Pont de Nemours and Company (DuPont) - United States, Huntsman Corporation - United States, Archer Daniels Midland Company - United States, Solvay S.A. - Belgium, LyondellBasell Industries N.V. - Netherlands, Stepan Company - United States, Vertec Biosolvents Inc. - United States, Merck KGaA - Germany, BioAmber Inc. - United States, Cargill, Incorporated - United States, Corbion N.V. - Netherlands, Arkema S.A. - France, Ineos Group Holdings S.A. - Switzerland, Huntsman International LLC - United States, Clariant AG - Switzerland, Procter & Gamble - United States, Croda International Plc - United Kingdom, Eastman Chemical Company - United States. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Green Solvents Market from 2021 to 2031.
- Market Forecast for Green Solvents Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Green Solvents competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Green Solvents
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Green Solvents market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Green Solvents market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE - Germany, The Dow Chemical Company - United States, E.I. du Pont de Nemours and Company (DuPont) - United States, Huntsman Corporation - United States, Archer Daniels Midland Company - United States, Solvay S.A. - Belgium, LyondellBasell Industries N.V. - Netherlands, Stepan Company - United States, Vertec Biosolvents Inc. - United States, Merck KGaA - Germany, BioAmber Inc. - United States, Cargill, Incorporated - United States, Corbion N.V. - Netherlands, Arkema S.A. - France, Ineos Group Holdings S.A. - Switzerland, Huntsman International LLC - United States, Clariant AG - Switzerland, Procter & Gamble - United States, Croda International Plc - United Kingdom, Eastman Chemical Company - United States.
Primary Target Market
- Market Players of Green Solvents
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Green Solvents market based on the below-mentioned segments:
Global Green Solvents Market, By Type
Bio-Alcohols
Bio-Diols
Bio-Glycols
Lactate Esters
Others
Global Green Solvents market, By Application
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Printing Inks
Pharmaceuticals
Cosmetics
Others
Global Green Solvents market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive green solvents market market research and competitor analysis for your business to help you develop more profound insights into the green solvents market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the green solvents market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.