"Green and Bio-Solvents Market - Global Forecast to 2020" Published.
Green and Bio-Solvents Market by Type (Alcohols, Glycols, Diols, Lactate Esters, D-Limonene, Methyl Soyate & Others), & by Application (Industrial & Domestic Cleaners, Paints & Coatings, Adhesives, Printing Inks & Others) - Global Forecast to 2020
The market size, in terms of value, of green & bio-solvents is estimated to be about USD 5.58 billion in 2015 and is projected to reach USD 8.17 billion by 2020, at a CAGR of 7.94% between 2015 and 2020. The green & bio-solvents market, along with its applications, witnessed a moderate-to-high growth in the past few years and is likely to continue so in the coming years. The drivers identified for the green & bio-solvents market are environmental & regulatory pressure designed to reduce the emissions of ODS, VOCs, and HAPs; reduced dependency on petrochemical solvents and the exporting countries; improved competitiveness from product differentiation; and uncertainty about oil price development.
Full Report Details at
Methyl soyate to be the fastest-growing green & bio-solvent
Methyl soyate is the fastest-growing green & bio-solvent as it has become successful commercially as a viable green alternative industrial solvent on its own merits, as the market demand has increased exponentially from the past ten years. Besides methyl soyate, d-limonene and lactate esters are also high growth markets.
Cosmetics and pharmaceutical applications to be the key end-use markets with high growth prospects
Cosmetics and pharmaceutical applications are estimated to have the best growth prospects for green & bio-solvents.
BREAKDOWN OF PRIMARY INTERVIEWS
Number of primaries: By Company Type
Tier 1 - 45%
Tier 2 - 35%
Tier 3: 20%
Number of primaries: By Designation Type
C Level - 35%
Director Level - 25%
Others - 40%
Number of Primaries: By Region
North America - 45%
Europe - 30%
Asia Pacific - 20%
RoW - 5%
Target new opportunities with high potential
* Asphalt paving and roofing shingles
* Extracting bitumen and heavy oil from Canadian Tar Sands
* Petroleum solvent replacement in the key applications
Companies profiled in the report
* Archer Daniels Midland Company (U.S.)
* BASF SE (Germany), BioAmber Inc. (U.S.)
* Huntsman Corporation (U.S.)
* E.I. Du Pont de Nemours & Co. (U.S.)
* The Dow Chemical Company (U.S.)
* Vertec Biosolvents Inc. (U.S.)
* Florida Chemical Company (U.S.)
* Cargill Incorporated (U.S.)
* Cremer Oleo GmbH & Co. KG (Germany)
Reasons to buy the report
* Scenario analysis of three possible price points of crude oil and its resulting impact on the green solvents market
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|Date:||Dec 5, 2015|
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