Global Green and Bio-Based Solvents Market 2016-2021: Key Players are Cargill, Corbion, E.I. Dupont De Nemours & Co, Huntsman, Solvay & The DOW Chemical Co - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Green and Bio-Based Solvents Market" report to their offering.

The global green and bio-based solvents market has been estimated at USD 6.07 billion in 2016 and is projected to reach USD 8.73 billion by 2021, growing at a CAGR of 7.55% during the forecast period, 2016 to 2021.

Green and bio-based solvents serve as an alternative to the conventional solvents in the market as they help in reducing the negative environmental impact caused from the use of solvents in chemical production. Green and bio-based solvents are produced from renewable resources; they are biodegradable, non-corrosive & non-carcinogenic in nature, recyclable and help prevent ozone depletion; thus, accelerating the demand for various paints and coating applications.

However, the market faces certain drawbacks, such as the cost and availability of new technologies used in the production process of green and bio-based solvents, and the ambiguity relating to the supply of raw material feedstock, both, regarding cost and availability. These factors may act as a roadblock to the growth of the market.

The global green and bio-based solvents market has been segmented by application into paints & coatings, industrial & domestic cleaning, printing inks, adhesives & sealants, pharmaceutical, cosmetics, agriculture, and other applications. In 2015, the paints & coatings application accounted for more than 40% of the global green and bio-based solvents market.

The global green and bio-based solvents market, by type, is broadly segmented into bio-alcohols, bio-glycols, bio-diols, ethyl lactate, D-limonene, methyl soyate and others. Bio-alcohols is further divided into bio-ethanol, bio-methanol, bio-propanol, and bio-butanol; and bio-glycols is segmented into bio-based propylene glycol and bio-based ethylene glycol. The increasing government support for research of green and bio-based solvents, coupled with the stringent rules and regulations imposed by the government on VOC emissions and other hazardous air pollutants is opening a gateway to opportunities for the global green and bio-based solvents market.

The increasing adoption of green and bio-based solvents, due to their biodegradability, recyclability, resistance to corrosion, and the accelerating growth in the paints and coatings market across the world, are expected to offer numerous opportunities for the growth of the global green and bio-based solvents market.

Some of the major companies dominating this market include:

  • Cargill Inc.
  • Corbion NV
  • E.I. Dupont De Nemours & Co.
  • Huntsman Corp
  • Solvay S.A.
  • The DOW Chemical Co.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Green and Bio-Based Solvents Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis (Market Size, Growth and Forecast)

7. Competitive Landscape

8. Company Profiles

  • Archer Daniels Midland Co.
  • Bioamber
  • Cargill Inc.
  • Cobalt Technologies
  • Corbion NV
  • Cremer Oleo Gmbh & Co Kg.
  • E.I. Dupont De Nemours & Co.
  • Elevance Renewable Sciences, Inc
  • Endurance Technologies LLC
  • Florida Chemical Co.
  • Florida Chemicals, Inc.
  • Galactic
  • GEMTEK Products
  • Gevo, Inc.
  • Huntsman Corp
  • LyondellBasell
  • Myriant Corp.
  • Sigma-Aldrich
  • Solvay S.A
  • DOW Chemical Co.
  • Vertec Biosolvents Inc.

For more information about this report visit http://www.researchandmarkets.com/research/p82773/global_green_and

Contacts

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press@researchandmarkets.com
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Related Topics: Solvents

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Solvents