PUBLISHER: BCC Research | PRODUCT CODE: 1568391
PUBLISHER: BCC Research | PRODUCT CODE: 1568391
The global market for green solvents reached $4.5 billion in 2023. The market is expected to grow from $4.9 billion in 2024 and forecast to reach $7.7 billion by 2029, at a compound annual growth rate (CAGR) of 9.3% from 2024 through 2029.
The North American market for green solvents is expected to grow from $1.7 billion in 2024 to $2.5 billion by 2029, at a CAGR of 8.5% from 2024 through 2029.
The Asia-Pacific market for green solvents is expected to grow from $1.5 billion in 2024 to $2.4 billion by 2029, at a CAGR of 10.4% from 2024 through 2029.
This report analyzes the global market for green solvents by segmenting it based on material, application and region. These market segments are analyzed at the global and regional levels. The base year for this analysis is 2023 and market estimates and forecasts are given from 2024 through 2029. The market estimates are provided in terms of volume (kilo tons) and revenue ($ millions).
Based on material, the market is segmented into:
Bio-based alcohol, glycol and diols are further bifurcated into:
Based on application, the market is segmented into:
Based on region, the market is segmented into: