Renewable Solvent Market Size, Share, Growth and Forecast 2025-2033

The Reports and Insights, a leading market research company, has recently releases report titled “Renewable Solvent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033.” The study provides a detailed analysis of the industry, including the global Renewable Solvent Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Renewable Solvent Market?

The global renewable solvent market was valued at US$ 4.3 billion in 2024 and is expected to register a CAGR of 6.8% over the forecast period and reach US$ 7.8 billion in 2033.

What are Renewable Solvent?                                                                                                                                             

Renewable solvents are eco-friendly alternatives derived from renewable sources like plants, biomass, or agricultural byproducts, aiming to replace conventional, potentially harmful petroleum-based solvents. They boast lower toxicity, biodegradability, and reduced greenhouse gas emissions, making them a sustainable choice for industries such as cleaning products, coatings, and pharmaceuticals.

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What are the growth prospects and trends in the Renewable Solvent industry?

The renewable solvent market growth is driven by various factors and trends. The renewable solvent market is expanding due to growing environmental consciousness and the increasing adoption of sustainable practices. Demand is rising for renewable solvents sourced from bio-based materials like plants, biomass, and agricultural byproducts. These solvents offer advantages such as lower toxicity, biodegradability, and reduced greenhouse gas emissions compared to traditional petroleum-based solvents, making them appealing to industries such as cleaning products, coatings, and pharmaceuticals. As regulations become more stringent and consumer awareness increases, the global renewable solvent market is expected to keep growing. Hence, all these factors contribute to renewable solvent market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type:

Bio-Alcohols

Bio-Diols

Methyl Soyate

Ethyl Lactate

Others

By Source:

Agricultural Waste

Forest Residues

Industrial Waste

Algae

Others

By Application:

Paints & Coatings

Cleaning & Degreasing

Adhesives & Sealants

Printing Inks

Pharmaceuticals

Others

By End-Use Industry:

Paints & Coatings

Pharmaceuticals

Personal Care & Cosmetics

Agriculture

Cleaning & Domestic

Others

Segmentation By Region:

North America:

United States

Canada

Asia Pacific:

China

India

Japan

South Korea

Australia & New Zealand

Association of Southeast Asian Nations (ASEAN)

Rest of Asia Pacific

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX (Belgium, the Netherlands, Luxembourg)

NORDIC (Norway, Sweden, Finland, Denmark)

Rest of Europe

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

The Middle East & Africa:

Saudi Arabia

United Arab Emirates

South Africa

Egypt

Israel

Rest of MEA (Middle East & Africa)

Who are the key players operating in the industry?

The report covers the major market players including:

Archer Daniels Midland Company

BASF SE

BioAmber Inc.

Cargill, Incorporated

DuPont de Nemours, Inc.

Elevance Renewable Sciences, Inc.

Genomatica, Inc.

Green Biologics Ltd.

Huntsman Corporation

LyondellBasell Industries N.V.

Pinova Holdings, Inc.

Solvay S.A.

The Dow Chemical Company

Vertec Biosolvents Inc.

View Full Report: https://www.reportsandinsights.com/report/Renewable Solvent-market

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