Renewable Solvent Market Size & Share, by Type (Ethanol, Ethyl Acetate, 2-Methyltetrahydrofuran, Bio-Methanol, Bio-Butanol, Levoglucosenone, Dimethyl isosorbide); Raw Material (Cellulose, Starch, Oil); Application (Paints & Coatings, Pharmaceuticals, Adhesives, Home & Personal Care, Industrial Cleaning, Plastics & Polymers, Agrochemicals, Food & Beverage) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4179
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Companies Dominating the Renewable Solvent Landscape

    • Neste
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AstroBio
    • NexantECA
    • Godavari Biorifineries Limited
    • CREMER OLEO GmbH & Co. KG
    • Cargill company
    • Braskem S.A.
    • Vertec BioSolvents Inc.
    • Archer Daniels Midland Company
    • InKemia Green Chemicals, Inc.
    • Merck Group

Browse Key Market Insights with Data Illustration:


In The News

  • Merck Group launched Cyrene, a sustainable dipolar aprotic solvent, manufactured from a renewable cellulose source. This product is anticipated to be a greener alternative to Dimethylformamide (DMF) and N-Methyl-2-pyrrolidone (NMP).

  • Braskem S.A. has launched HE-70S, its first partially renewable solvent made from sugarcane ethanol. It contains raw materials such as biobased carbon and is considered a part of the oxygenated solvents group.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4179
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increased awareness about environmental hazards along with the expansion of the automotive industry and rapid industrialization and urbanization is expected for market growth.

The market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.

Fluctuation in raw material prices and complex production processes coupled with a high cost of production costs are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Neste, AstroBio, NexantECA, Godavari Biorifineries Limited, CREMER OLEO GmbH & Co. KG, Cargill company, Braskem S.A., Vertec BioSolvents Inc., Archer Daniels Midland Company, InKemia Green Chemicals, Inc., Merck Group, and other key players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, raw material, application, and by region.

The paint & coatings segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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