Green Solvent Market .pdf
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Green Solvent Market Trends - Global Industry
Analysis, 2017 – 2024: Global Market Insights Inc.
The Green Solvent market trends are analyzed from recent past with an eye on
coming years in this report that also offers projections for Green Solvent industry
targeted at helping in business decisions.
Green solvent is usually processed from lactic acid, sugarcane, soybean oil, corn,
and refined glycerine. Increase in environmental awareness and supporting
regulations should drive green solvents market growth.
Adhesive and sealant industry is showing a robust growth due to positive application
outlook in building & construction, shoe making, wood-working and product
packaging. Global adhesive and sealant market is poised to exceed over USD 6.5
billion in 2024. Green solvent emit low VoC, thereby reduces smog formation and
protects the environment.
Increase in standard of living and growing consumer health awareness has propelled
domestic cleaner industry. Global domestic cleaner industry is poised to surpass
USD 4 billion by 2024. Green solvent is less toxic and protects consumer from
carcinogen diseases, dizziness, vomiting and nausea symptom without affecting
Global paints & coatings market size should witness significant gains at over 5.5%.
In paints, solvents easily disperse or dissolve different components used in the paint
formulation including resin and pigment, thereby making it suitable for the
application. Green solvent based automotive paint is non-toxic in nature, owing to
VoC free and sustaining paint durability.
Rising adoption of eco-friendly inks including UV cured inks and water based printing
along with increase in R&D spending may favour printing inks market demand. It is
used on metal sheets, paper, cardboards, flex and plastic sheets. Printing tonners
are toxic in nature and prolonged exposure can cause dermatitis, skin burn and eye
North America, driven by Canada and the U.S. green solvent market size may
witness strong growth owing to growing automotive sector along with strict
government regulation regarding VoC emission may drive regional industry growth.
Rapid industrialisation and rise in building & construction industry should favour
regional industry growth. Increase in consumer health awareness has led to rise in
domestic cleaning industry, thereby driving green solvent market growth.
Global green solvent market share is competetive. Key market players operating in
the industry include Huntsman, BASF, Solvay, Dow Chemical, Cargill, DuPont,
Gevo, Vertec, Myriant, Lyondellbasell and Bio Amber. Companies are producing
various products to be catered in end-use industries which may enhance product
portfolio and expand regional presence.
Solvay produces and distributes series of green solvent including ADMA, Polarclean,
RPDE, and IRIS under Rhodiasolv which are developed as the replacement for
Browse Related Report:
Bioadhesive (Green Adhesive) Market Size, Industry Analysis Report,
Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan,
South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application
Development, Price Trend, Competitive Market Share & Forecast, 2016 –
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.
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