市场调查报告书
商品编码
1251869
全球绿色溶剂市场:按产品/最终用户/按地区/竞争战略/按类别预测的规模 (-2032)Green Solvents Market Size- By Product, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032 |
预计全球绿色溶剂市场规模在预测期内将以 8.77% 的复合年增长率增长,到 2032 年将达到 41.7 亿美元。
使用绿色溶剂分散或溶解油漆製造中使用的化合物的有利立法增加了对环保油漆和涂料的需求。 由于对消费品的需求增加,包装行业在粘合剂应用中使用绿色溶剂型密封剂和粘合剂的数量也显着增加。 预计这些因素将在预测期内推动市场增长。
在本报告中,我们研究了全球绿色溶剂市场,并提供了市场概况、对市场增长的各种影响因素的分析、市场规模的趋势和预测、细分市场/地区/主要国家和主要公司. 它总结了个人资料
Global Green Solvents Market Overview
According to SPER Market Research, the Global Green Solvents Market is estimated to reach USD 4.17 billion by 2032 with a CAGR of 8.77%.
Green solvents are made from agricultural products such as corn, sugarcane, lactic acid, refined glycerin, bio succinic acid, soybean oil, and others. Acetone, ethanol, methanol, 2-propanol, ethyl acetate, isopropyl acetate, methyl ethyl ketone, 1-butanol, tert-butanol, and others are the least toxic solvents. They are used as intermediates in the production of a variety of products, including detergents, cosmetics, paints and coatings, inks, adhesives and sealants, pharmaceuticals, and others. Green solvents, also known as environmentally friendly products, are by-products of the processing of agricultural goods. Environmentally friendly solvents come in a variety of forms, such as water, supercritical water, ionic liquids, and fluids.
As a result of favourable regulations and some rules established by the European Commission (EC), Eco-product Certification Scheme (ECS), and others in both developing and developed economies, where the product is applied to disperse or dissolve the compounds used in the paint production, the demand for eco-friendly paints and coatings has increased. This can be one of the key factors driving the product market upward. Also, the packaging industry has seen tremendous growth as a result of the increased demand for consumer products, where green solvent-based sealants and adhesives are used for bonding applications. These factors are anticipated to fuel market expansion throughout the anticipated period. The federal government's expanding emphasis on products made from bio-based materials has led to a surge in the product's appeal across a range of end-use industries. Green solvents including soybean oil, bio-succinic acid, distilled glycerine, lactic acid, maize, and others are extracted from agricultural sources.
Impact of COVID-19 on the Global Green Solvents Market
COVID-19 has temporarily halted several construction projects, reducing market demand in the building and construction industries. Nonetheless, increased medication sales have fuelled the rise of the pharmaceutical industry, where bio-based solvents are commonly employed as intermediates in drug formulations. This is expected to boost the performance of the green/bio-based solvents industry following the COVID-19 scenario. Because of its reliance on paints and coatings, ink production, adhesives and sealants, and other industries, the green/bio-based solvents business has suffered as a result of the COVID-19 epidemic. Numerous paints and coatings production enterprises have either shut down or reduced their operations owing to the danger of infection among the employees in areas where green/bio-based solvents are utilised to Soluble and disperse the components used in paint formulation. This has momentarily impacted market demand during the COVID-19 timeframe.
Scope of the Report
Report Metric Details:
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product, By End Use
Regions covered Asia Pacific, Europe, Middle East and Africa,North America, Latin America
Companies Covered BASF SE, DuPont, Dow, Cargill, Incorporated, Gevo, AkzoNobel, LyondellBasell N.V.
Global Green Solvents Market Segmentation:
By Product: Based on the Product, Global Green Solvents Market is segmented as; Bio-Alcohol, Bio-Glycols, Lactate Esters, D-Limonene, Methyl Soyate, Others
By End Use: Based on the End Use, Global Green Solvents Market is segmented as; Chemical Intermediate, Pharmaceuticals, Printings Inks, Paints and Coating, Cosmetics & Personal Care, Others
By Region: This is due to an increase in demand for greener solvents, which has compelled politicians and the government to replace old petroleum-based solvents with more environmentally friendly alternatives. Moreover, the North American area is anticipated to see significant expansion because to the presence of key manufacturers such as Stepan Corporation and Cargill, Incorporated, among others.