2028 Global Green Solvent Market Forecast: In-Depth Analysis of Size, Share, Trends, and Key Players



MarkNtel Advisors has thoughtfully curated the Global Green Solvent Market Research Report, taking into account our client's distinct needs. Our research offers a thorough examination of the present regional and global market conditions. This report on industry analysis extensively encompasses market dynamics, limitations, and their potential consequences on future market requirements, presenting a comprehensive overview of the sector.

What is the projected growth rate of the Global Green Solvent Market during the forecast period?

The Global Green Solvent Market is projected to grow at a CAGR of around 7.0% during the forecast period, i.e., 2023-28. 

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Global Green Solvent Market Key Driver:

Supporting Government Regulation for Green Solvent - The stringent regulation of the government to reduce carbon emissions from the environment is driving the market growth of green solvents during the historical years. Many countries, like Germany, the US, etc., have been restricting the use of synthetic solvents to reduce carbon emissions from various industries. In the European Union, the usage of various solvents has lowered, such as chloroform, 1,2-DCE, carbon tetrachloride, NMP, DMF, DMAc, benzene, hexane, 1,4-dioxane, 1,2-DME, diethyl ether, etc., due to their adverse effect on human health & the environment. Therefore, various sectors, such as pharmaceutical, chemical, cosmetic, etc., are adopting these solvents to follow government norms for reducing carbon footprints. Hence, the growing demand for environment-friendly solvents from industries to minimize the carbon footprint from the environment is driving the market growth.

Segmentation Analysis of Global Green Solvent Market:

The report has segmented the market into the following categories:

-By Type

-Bio-alcohol

--Bio-ethanol

--Bio-methanol

--Bio-propanol

--Bio-butanol

-Bio-glycols

--Bio-based Propylene Glycol

--Bio-bases ethylene Glycol

-Bio-diols

-Ethyl Lactate

-D-lime Stone

-Methyl Soyate

-By Application

-Paint & Coatings

-Industrial & Domestic Cleaning

-Printing Inks

-Cosmetic

-Pharmaceutical

-Agriculture

-Other (Adhesive Sealant, Textile)

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-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Competitive Landscape with Key Player:

-BASF SE

-Stepan Company

-DuPont

-Akzoobel

-Lyondell Basell

-Cargill Incorporated

-Florachem Corporation.

-Total Corbion PLA

-Solvay

-Vertical Biosolvent.

-GF Biochemicals

-Astrobio

-BIOMCN

-Galactic

-Check for other companies (LyondellBasell, Dow, Gevo, etc.)

-Others

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