Green and Bio-Solvents Market June 2021 Report On Size, Share, Future Trend, Revenue, Value and Volume, Growth Analysis And New Opportunity to Hit Latest Growth Level 2021-2030

In a recent published report, Kenneth Research has updated the market report for Green and Bio-Solvents Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Green and Bio-Solvents Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

The green solvent are organic solvent that are produced from agriculture resources like sugarcane, bio Succinic acid, sugarcane, vegetable oils, lactic acids, glycerin etc. High adoption rate is one of the key driver of green solvent and bio solvent market among end- user increases the demand of bio- solvent paints, printing inks, coatings etc. high cost involvement in producing bio solvent is key challenge of the market, the techniques used in producing solvent incurred high cost.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Due to easy availability, comparatively improved quality and low price ester solvents segment has high demand. On the other hand methyl solvent is fastest growing market in bio solvent and green solvents because of high availability and high demand in the market. D-limonene and lactate esters are also high growth markets. On the application segment cosmetics, paints, pharmaceutical are having high growth prospect in future for green & bio-solvents.

The biggest market of bio-solvents is North America, followed by Europe. The high market growth is due to strong regulations and policies for bio-solvents and green solvents. The high demand in developed countries is due to high industrialization as compare to developing countries. The government policies for bio and green solvent are supportive but it depends on each countries.

The demand of green solvent and bio solvent also varies due to crude oil prices. Due to high fluctuation in oil prices the production cost of bio solvent also varies which varies the demand in the market. In developing countries the market of bio-solvent and green solvent varies due to the policies of developed countries as the domestic demand has to be fulfilled. the market restraints for bio and green solvent is lack of supply of feedstock, low availability and reliability. Another restraints is high cost involvement in new technologies.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Companies profiled include

1. BASF
2. Archer Daniels Midland company
3. Bio-amber inc
4. Huntsman corporation
5. Dupont
6. DOW chemicals
7. Vertec bio solvents Inc
8. Cargill Inc
9. Florida Chemicals company Inc
10. Cremer Oleo Gmbh & co
11. Myriant Corporation
12. Gevo Inc.
13. LyondellBasell
14. Solvay S.A
15. Akzo nobel
16. CSM
17. Sucrogen Bioethanol PTY LTD
18. Pinova Holdings INC
19. Shenzhen Esun Industrial Co. LTD
20. Genomatica INC
21. Finasucre S.A.
22. PPG chemicals
23. Royal DSM
24. Pinova Holdings Inc
25. Diacel Chemical Industries Ltd
26. Exxon Mobil Corporation
27. PetroleoBrasileiroS.A
28. Circa Group
29. Ashland
30. Sasol

This Research Report covers

1. Historical data
2. Revenue forecasts, growth rates and CAGR up to 2028
3. Industry Analysis
4. Competitive Analysis
5. geographic growth data

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Key Answers Captured in Report?

  • Which geography would have better demand for products/services?
  • What are the strategies adopted by big players in the regional market?
  • Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
  • What is the current & expected market size in the next five years?
  • What is the market feasibility for long term investment?
  • What opportunity the country would offer for existing and new players in the market?
  • What is the risk involved for suppliers in the geography?
  • What factors would drive the demand for the product/service in the near future?
  • What is the impact analysis of various factors in market growth?

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations, and organizations with the aim of helping them to take prominent decisions. Our research library comprises more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both the macro level as well as micro-level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides a significant analysis of various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keeps a track of the international and domestic market for any economic changes impacting the products’ demand, growth, and opportunities for new and existing players.

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