Research and Markets: Global Green/Bio-Based Solvents Market Opportunities and Forecasts to 2020
Research and Markets (http://www.researchandmarkets.com/research/837jzf/world)
has announced the addition of the "World
Green/Bio-Based Solvents Market - Opportunities and Forecast, 2014-2020"
report to their offering.
The green solvents market volume would reach 3,321.4 kilo tons by 2020,
registering a CAGR of 4.3% during 2015-2020.
Paints and coatings application segment contributed 43.6% share of the
overall green solvents market, and is expected to maintain this trend
during the forecast period.
Green solvents are bio-based solvents that are derived from various
agricultural sources, such as corn, sugarcane, lactic acid, refined
glycerine, bio succinic acid, vegetable oils, among others. Volatility
in the crude oil prices, lower content of volatile organic compounds
(VOC) and environment-friendly attribute of green solvents are the major
factors fostering the growth of this market across the globe.
Furthermore, increasing adoption of green solvents among the end users,
including paints and coatings, printing inks and others; spiralling
construction activities, automobile and consumer goods industries across
the globe would supplement the market growth. However, high production
cost due to capital-intensive production techniques coupled with heavy
R&D investments are the major factors that would hamper the market
growth.
The ester solvents segment accounted for the highest consumption in 2014
and would continue this trend during the forecast period, which was
primarily due to its unique properties such as high solvency rate, easy
availability and comparatively lower pricing than the other green
solvents.
Key findings of the study:
- Industrial and domestic cleaner application segment is projected to
register highest CAGR of 7.3%, in terms of volume, during the forecast
period.
- Paints and coatings is forecast to be the largest revenue-generating
segment of North America green solvents industry throughout the analysis
period.
- Solketal is projected to be the fastest growing segment in the
alcohols, glycols & diols market during the forecast period.
- Lactate esters segment accounted for around one-fourth of the total
consumption in the overall green solvents market in 2014.
- North America was the largest consumer of D-limonene across the globe
in 2014.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Makret Overview
Chapter 4 Global Green Solvents Market, By Type
Chapter 5 Global Green Solvents Market, By Application
Chapter 6 Global Green Solvents Market- By Geography
Chapter 7 Company Profile
- BASF SE
- Bio-Amber Inc.
- Myriant Corporation
- Dow Chemicals
- Cargill Incorporated
- Gevo Inc.
- Vertec Biosolvents Inc.
- Florida Chemicals Inc.
- LyondellBasell
- E.I. du Pont de Nemours and Company
- Huntsman Corp
- Solvay S.A
For more information visit http://www.researchandmarkets.com/research/837jzf/world
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