DUBLIN–(BUSINESS WIRE)–Nov 9, 2018–The “Green Solvents & Bio Solvents – Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Green Solvents & Bio Solvents market is expected to grow from $5.50 billion in 2017 to reach $12.31 billion by 2026 with a CAGR of 9.4%.
Rising government support for inquiries on green and bio-based solvents and severe parameters on VOC emissions and other hazardous air pollutants are some of the factors contributing to the growth of the market. Huge manufacturing price and uncertainty about feedstock supplies is hampering the growth of the market. Transition of petro-chemical and fuel products and goods towards renewable resources is providing ample opportunities in boosting the market in the near future.
Based on end-user, Paints & Coatings section holds more shares and profits of the global green and bio-based solvents market. Rising ecological concerns in conjunction with growing customer awareness towards environmental-friendly products fuels the acceptance of green solvents in paints and coating industry.
Depending on geography, Asia Pacific market has attributed sluggish growth over the last few years. Rising economies such as India, China, Malaysia, Indonesia, Russia, Thailand and Brazil are predicted to witness quick expansion in the green solvents market. Such healthy demand can be propel to construction initiatives and government initiatives regarding health and environment.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Green Solvents & Bio Solvents Market, By Type
6 Global Green Solvents & Bio Solvents Market, By End-User
7 Global Green Solvents & Bio Solvents Market, By Geography
8 Key Developments
9 Company Profiling
The Dow Chemical Company
E.I. Dupont de Nemours & Co.
Florida Chemicals Company Inc.
Vertec Biosolvents Inc.
Archer Daniels Midland Company
Cremer Oleo GmbH & Co.
Shenzhen Esun Industrial Co. Ltd.
Sucrogen Bioethanol Pty Ltd.
Pinova Holdings Inc.
Diacel Chemical Industries Ltd.
Exxon Mobil Corporation
For more information about this report visit https://www.researchandmarkets.com/research/frtwsq/green_solvents?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181109005483/en/
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS ENVIRONMENT
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/09/2018 12:49 PM/DISC: 11/09/2018 12:48 PM