ReportsnReports.com adds Global Green and Bio Solvents Market 2016-2020 latest research report, the analysts forecast the global green and bio solvents market to grow at a CAGR of 8.47% during the period 2016-2020. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Complete report on green and bio solvents market spread across 69 pages, analyzing 6 major companies and providing 34 data exhibits is now available at http://www.reportsnreports.com/reports/524613-global-green-and-bio-solvents-market-2016-2020.html.
The global green and bio solvents market an analyst said rising bio-based economy is likely to produce some intermediate chemicals for the production of bioplastics. Also, these molecules can be used to produce solvents similar to petrochemical equivalents. High volumes of biofuels have generated huge opportunities for bio-based solvents such as bio-ethanol and its derivatives, or vegetable oil products that include glycerol and biodiesel. The conversion of these feedstocks into bio-based solvents depends on legal restrictions and market demand.
According to the green and bio solvents market report, need for greener and sustainable chemicals have increased the R&D of renewable feedstock. The processing of these feedstocks can help in obtaining platform molecules and down streaming end-products. Also, companies increasingly prefer green and bio solvents over conventional solvents. Order a copy of Global Green and Bio Solvents Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=524613.
This report covers the present scenario and the growth prospects of the global green and bio solvents market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of green and bio solvents in several industries, including paints and coatings, printing inks, cleaning products, adhesives and sealants, and others.
Segmentation by Application and Analysis of the Green and Bio Solvents Market – Paintings and coatings, Printing inks, Cleaning products and Adhesives and sealants
During 2015, the paintings and coatings dominated the green and bio solvents market and accounted for nearly 42% of the market share. Rising concerns about the environment have forced paints and coatings manufacturers including powder coatings, high-solids, and waterborne coatings to shift toward solvents that contain fewer toxins and low VOC content. Moreover, implementation of stringent restrictive coating regulations will come into effect in the US and the EU during the predicted period which is going to aid in the growth of this market segment during the forecast period.
Geographical Segmentation and Analysis of the Green and Bio Solvents Market – APAC, Central and South America, Europe, North America and ROW
In this industry research study, the analyst have estimated North America to be the largest market for green and bio solvents by 2020 and is expected to hold more than 37% of the market share by revenue. The revival of the construction industry will result in a significant increase in the demand for bio solvents in North America. Moreover, the rapid growth of customer-centric products market like cosmetics, toiletries, and cleaning products will aid in this market segment’s growth in the coming years.
The global green and bio solvents market is characterized by the presence of a few prominent vendors like BASF and DOW Chemicals. The manufacturers are taking active measures to expand their product portfolio, and escalate the production capabilities to a strong position in the global market. The recent technological advancements, raw material improvements, and the development of new techniques are expected to drive the demand for green and bio solvents globally.
Key players in the global green and bio solvents market: Archer Daniels Midland, BASF, BioAmber, Cargill, DuPont, Huntsman, and Dow Chemical.
Other prominent vendors in the market are: Cremer Oleo, Florida Chemical, Gevo, Liberty Chemicals, Myriant, Revlon, Solvay, Symrise, and Vertec Biosolvents.
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