Global Bio-based Solvent Market 2017-2021

  • ID: 4417852
  • Report
  • Region: Global
  • 81 pages
  • TechNavio
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FEATURED COMPANIES

  • BASF
  • Cargill
  • CREMER OLEO
  • Gevo
  • Huntsman
  • Liberty Chemicals
  • MORE
About Bio-based Solvent

Bio-based solvents are environment-friendly and emit less volatile organic compounds (VOCs). These solvents are derived from agricultural sources such as sugarcane, corn, refined glycerine, lactic acid, soybean oil, bio-succinic acid, and other similar products. Compared with petroleum-based conventional solvents, bio-based solvents are less toxic and are thus increasingly preferred by end-users. The consumption rate of green and bio-based solvents in the domestic and industrial fields is likely to increase significantly during the forecast period. Paints and coatings, printing inks, adhesives and sealants, cleaning products, and other industries use green and bio-based solvents on a large scale. Rising environmental awareness and increasing emphasis on human health and hygiene have propelled the use of environment-friendly bio-based solvents.

The analysts forecast the global bio-based solvent market to grow at a CAGR of 8.41% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bio-based solvent market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of bio-based solvent.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Bio-based Solvent Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Archer Daniels Midland Company
  • BASF
  • Cargill
  • The Dow Chemical Company
  • Huntsman
Other prominent vendors
  • CREMER OLEO
  • Gevo
  • Liberty Chemicals
  • Myriant Corporation
  • Solvay
Market drivers
  • Increasing acceptance of bio-based solvents in various end-user industries
  • For a full, detailed list, view the full report
Market challenges
  • High costs associated with the adoption of new technologies
  • For a full, detailed list, view the full report
Market trends
  • Rising environmental awareness
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • BASF
  • Cargill
  • CREMER OLEO
  • Gevo
  • Huntsman
  • Liberty Chemicals
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global bio-based solvent market by application
  • Global bio-based solvent market for paints and coatings
  • Global bio-based solvent market for printing inks
  • Global bio-based solvent market for cleaning products
  • Global bio-based solvent market for adhesives and sealants
  • Global bio-based solvent market for others
PART 07: Market segmentation by type
  • Market size and forecast
PART 08: Geographical segmentation
  • Global bio-based solvent market by region
  • Bio-based solvent market in North America
  • Bio-based solvent market in Europe
  • Bio-based solvent market in APAC
  • Bio-based solvent market in Central and South America
  • Bio-based solvent market in ROW
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emergence of North America as a key market for bio-solvents
  • Rising environmental awareness
  • Emerging opportunities for soy solvents
PART 12: Vendor landscape
  • Competitive landscape
  • Key vendors
PART 13: Key vendor analysis
  • Archer Daniels Midland Company
  • BASF
  • Cargill
  • The Dow Chemical Company
  • Huntsman
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global bio-based solvent market
Exhibit 02: Global bio-based solvent market 2016 and 2021 ($ millions)
Exhibit 03: Global bio-based solvent market 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global bio-based solvent market by application 2016 (% share of revenue)
Exhibit 06: Global bio-based solvent market by application 2021 (% share of revenue)
Exhibit 07: Global bio-based solvent market for paints and coatings 2016 and 2021 ($ million)
Exhibit 08: Global bio-based solvent market for paints and coatings 2016-2021
Exhibit 09: Global bio-based solvent market for printing inks 2016 and 2021 ($ million)
Exhibit 10: Global bio-based solvent market for printing inks 2016-2021
Exhibit 11: Global bio-based solvent market for cleaning products 2016 and 2021 ($ million)
Exhibit 12: Global bio-based solvent market for cleaning products 2016-2021
Exhibit 13: Global bio-based solvent market for adhesives and sealants 2016 and 2021 ($ million)
Exhibit 14: Global bio-based solvent market for adhesives and sealants 2016-2021
Exhibit 15: Global bio-based solvent market for others 2016 and 2021 ($ million)
Exhibit 16: Global bio-based solvent market for others 2016-2021
Exhibit 17: Global bio-based solvent market by type 2016 (% share of revenue)
Exhibit 18: Global bio-based solvent market by region 2016 (% share of revenue)
Exhibit 19: Global bio-based solvent market by region 2021 (% share of revenue)
Exhibit 20: Bio-based solvent market in North America 2016 and 2021 ($ millions)
Exhibit 21: Bio-based solvent market in North America 2016-2021
Exhibit 22: Bio-based solvent market in Europe 2016 and 2021 ($ millions)
Exhibit 23: Bio-based solvent market in Europe 2016-2021
Exhibit 24: Bio-based solvent market in APAC 2016 and 2021 ($ millions)
Exhibit 25: Bio-based solvent market in APAC 2016-2021
Exhibit 26: Bio-based solvent market in Central and South America 2016 and 2021 ($ millions)
Exhibit 27: Bio-based solvent market in Central and South America 2016-2021
Exhibit 28: Bio-based solvent market in ROW 2016 and 2021 ($ millions)
Exhibit 29: Bio-based solvent market in ROW 2016-2021
Exhibit 30: Key vendors
Exhibit 31: Global bio-based solvent market: Other prominent vendors
Exhibit 32: Archer Daniels Midland Company: Business segmentation by revenue 2016 (% share)
Exhibit 33: Archer Daniels Midland Company: Geographical segmentation by revenue 2016 (% share)
Exhibit 34: BASF: Business segmentation by revenue 2016 (% share)
Exhibit 35: BASF: Geographical segmentation by revenue (% share)
Exhibit 36: Cargill: Business segments
Exhibit 37: The Dow Chemical Company: Business segmentation by revenue 2016 (% share)
Exhibit 38: The Dow Chemical Company: Geographic segmentation by revenue 2016 (% share)
Exhibit 39: Huntsman: Business segmentation by revenue 2016 (% share)
Exhibit 40: Huntsman: Geographical segmentation by revenue 2016 (% share)
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FEATURED COMPANIES

  • BASF
  • Cargill
  • CREMER OLEO
  • Gevo
  • Huntsman
  • Liberty Chemicals
  • MORE
New Report Released: - Global Bio-based Solvent Market 2017-2021

The author of the report recognizes the following companies as the key players in the global bio-based solvent market: Archer Daniels Midland Company, BASF, Cargill, The Dow Chemical Company, and Huntsman

Other Prominent Vendors in the market are: CREMER OLEO, Gevo, Liberty Chemicals, Myriant Corporation, and Solvay.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Rising environmental awareness. A majority of the chemical producers are shifting from conventional solvents to bio-based solvents owing to factors such as increasing demand for sustainable products and volatility of petroleum-based solvents. Rising environmental awareness has increased the preference for bio-based or green solvents over conventional solvents. As these solvents are VOC-free, consumers are not exposed to harmful chemicals.”

According to the report, one of the major drivers for this market is Increasing acceptance of bio-based solvents in various end-user industries. Growing focus on achieving sustainability through environment-friendly chemicals has increased the number of R&D activities on renewable resources. Bio-based solvents are increasingly preferred over conventional solvents as they use renewable raw materials and emit less VOC, thereby protecting the environment and adhering to the government regulations. They help reduce ozone depletion and cause less damage to the environment compared to conventional solvents.

Further, the report states that one of the major factors hindering the growth of this market is High costs associated with the adoption of new technologies. Constraints in technological expansion for producing bio-based solvents increases the cost of production. Substantial investments are required for R&D activities for developing technologies or cost-effective production processes. End-users must consider factors such as changes in operating costs, the safety of workers, process compatibility, and regulations associated with the use of substitutes.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Archer Daniels Midland Company
  • BASF
  • Cargill
  • The Dow Chemical Company
  • Huntsman
  • CREMER OLEO
  • Gevo
  • Liberty Chemicals
  • Myriant Corporation
  • Solvay
Note: Product cover images may vary from those shown
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