#Green and Bio-based Solvents

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Green and Bio-based Solvents Market Size, Share and Forecast 2030

Global Green & Bio-based Solvents Market size was valued at USD 2.21 billion in 2022, which is expected to grow to USD 3.91 billion in 2030 with a CAGR of 7.4% during the forecast period between 2023 and 2030. The rising government measures in various countries to reduce carbon emissions and the increasing demand for long-lasting paints & coatings are driving the growth of the green & bio-based solvents market.

The increased carbon footprint from the industrial sector, rising country-level sustainability targets, and reduction in fossil fuel-based materials are the prominent trends driving the adoption of decarbonization norms at the global level. Furthermore, the growth of the paints & coatings industry is accredited to factors such as an increase in the renovation rate, a rise in residential construction activities, and the recent expansion of paints & coatings manufacturing facilities. Therefore, the increase in the implementation of carbon-neutral standards and the advancing paints & coatings sector are the major factors boosting the demand for green & bio-based solvents to ensure superior biodegradable properties. As a result, the surge in the demand for green & bio-based solvents fosters market growth.           

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The Increasing Government Initiatives to Decarbonize the Economy are Accelerating the Adoption of Green & Bio-based Solvents 

Green & bio-based solvents are composed of sustainable materials, including waste materials and crops. Manufacturing green & bio-based solvents limits the worker’s exposure to toxic chemicals. As a result, green & bio-based solvents are ideal alternatives to fossil fuel-based solvents. The global decarbonization norms are increasing due to factors such as increasing government regulations in the developed economies and an increase in the global temperature rise.

For instance, according to the Paris Agreement, an internationally binding treaty on climate change, the targets for global decarbonization include the reduction of carbon emissions by 45% in 2030 and net zero carbon footprints by 2050. Thus, the increase in the global decarbonization standards & regulations is fostering the adoption of green & bio-based solvents as the chemicals are composed of recycled and sustainable materials, this, in turn, is supplementing the market growth.

Growth of the Paints & Coatings Industry is Augmenting the Traction of the Market

In the paints & coatings industry, green & bio-based solvents ensure improved performance, minimized environmental impact, and superior cost-effectiveness. The increasing demand for architectural paints & coatings, rising construction activities due to global sports events, and the surging spending power of people are the key determinants spurring the paints & coatings market growth.

For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%. Thus, the booming paints & coatings industry is fueling the production activities for solvent-based paints & coatings formulation. The rise in the production of solvent-based paints & coatings products is boosting the demand for green & bio-based solvents to ensure superior moisture protection, thereby driving the market growth.    

Rapid Demand Expansion for Green & Bio-based Solvents in North America is Spurs Market Growth

The industrial growth of the North American region is attributed to sectors such as paints & coatings, building & construction, cosmetics & personal care, and cleaning products. The advent of the COVID-19 pandemic, the increase in the house renovation rate in the United States & Canada, and the increasing consumer spending on cosmetics products are the prime variables propelling industrial growth in North America.

For illustration, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), the North American paints & coatings sector was the third largest market in the global ranking, valued at USD 33.92 billion in 2022. Henceforth, the robust growth of the paints & coatings industry in the North American region is amplifying the demand for green & bio-based solvents to ensure a reduction in volatile organic compounds (VOC) content, which, in turn, is proliferating the market growth.         

Future Outlook Scenario

The recent company-level infrastructure investments to expand the bio-glycols production will create a lucrative growth opportunity for the green & bio-based solvents market. For instance, as of October 2023, the UPM biorefinery in Leuna, Germany is in construction. The biorefinery will manufacture bio-glycols and lignin-based renewable functional fillers by 2024.

The strategic partnerships are increasing between the chemical manufacturers for the commercial production of bioethanol. For illustration, in August 2023, Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation formed a strategic collaboration with Allotrope Partners, a United States-based clean energy advisory & financial firm, and Axens North America, a technology provider for bioethanol to commercialize the production of bioethanol. Thus, the increasing strategic partnerships between various companies for bioethanol production will increase the commercial availability of green & bio-solvent products, thereby creating a favorable potential for market growth. 

The agricultural output has been surging in recent years. However, in the long run, the annual crop production will grow within the same amount of arable land. For illustration, according to the Food and Agriculture Organization (FAO), the global agricultural output for wheat and other coarse grain will increase by 9% between 2021-2030. This growth will be on the same area of arable land. Hence, the demand for green & bio-solvents will rise significantly to boost crop production within the same area of arable land and ensure crops with significant nutrients, thereby creating a prominent growth outlook for the market in the coming years.     

Green & Bio-based Solvents Market: Report Scope

“Green & Bio-based Solvents Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of green & bio-based solvents market globally, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, future outlook scenario, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/green-and-bio-based-solvents-market

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Green & Bio-Solvents Market: Sustainable Solutions for a Cleaner Future

The total size of the green & bio-solvents market was USD 3,128.5 million in the past, and it will propel at 6.1% CAGR in the years to come, to reach USD 5,322.2 million by 2030, as per P&S Intelligence. The industry development is credited to the and environmental and health concerns related to synthetic solvents. Paints & coatings dominated the industry in the past, with around USD 1.2…

[materialsscienceandengineering]

Researchers at Chalmers University of Technology in Sweden have developed an environmentally friendly method for recycling and purifying metals. Using gold earrings from a pawnshop in Gothenburg and biodiesel from the nearest filling station, the discovery could change an industry that is currently dependent on large amounts of fossil oil. "Pure metals have a number of uses in a modern society, not least for the development of green technologies. Our research shows how the metal industry can accelerate the transition from fossil to bio-based solvents," says Mark Foreman, Associate Professor of Chemistry at Chalmers. Gold is not only a precious metal that is a symbol of wealth in jewellery and gold bars. A regular smartphone contains slightly more than 0.03 grams of gold, and the metal is found in most of the everyday electronics we have around us. It is also important in components for the aerospace industry. For many applications, gold is mixed with other metals, which then need to be removed when the valuable gold sheet is to be recycled. In this process, organic solvents, such as fossil diesel, are used.

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The Aqueous Based Metal Cleaner Market is projected to grow from USD 12725 million in 2024 to an estimated USD 20745.5 million by 2032, with a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032.The global aqueous-based metal cleaner market has witnessed remarkable growth in recent years, driven by the rising emphasis on sustainable and eco-friendly cleaning solutions across industries. As companies seek efficient ways to clean and maintain metal components while adhering to stringent environmental regulations, aqueous-based cleaners have emerged as a preferred alternative to solvent-based solutions. 

Browse the full report at https://www.credenceresearch.com/report/aqueous-based-metal-cleaner-market

Market Overview

Aqueous-based metal cleaners are water-based solutions designed to remove contaminants such as grease, oil, dirt, and corrosion from metal surfaces. These cleaners leverage water as a primary solvent, supplemented with biodegradable surfactants, detergents, and corrosion inhibitors. Unlike solvent-based cleaners, which often rely on volatile organic compounds (VOCs), aqueous-based cleaners are non-flammable, less toxic, and environmentally friendly.

The market for aqueous-based metal cleaners is segmented based on product type, application, end-user industry, and geography. Common product types include alkaline, neutral, and acidic cleaners. These products cater to diverse applications in industries such as automotive, aerospace, manufacturing, healthcare, and electronics.

Key Market Drivers

Rising Environmental Concerns and Stringent Regulations Governments and regulatory bodies worldwide are imposing stringent norms to minimize the environmental impact of industrial activities. Regulations such as the U.S. EPA’s National Emission Standards for Hazardous Air Pollutants (NESHAP) and the European Union’s REACH directive have encouraged industries to transition from solvent-based to aqueous-based cleaners, which have a lower environmental footprint.

Growth in Industrial Activities The expansion of industries such as automotive, aerospace, and heavy machinery has fueled the demand for efficient cleaning solutions. Metal cleaning is a critical step in manufacturing processes, ensuring the quality and durability of finished products.

Advancements in Cleaning Technologies Continuous innovation in cleaning formulations and equipment has enhanced the efficacy of aqueous-based cleaners. Modern solutions are capable of removing even stubborn contaminants without damaging sensitive metal surfaces, thereby broadening their application scope.

Challenges in the Market

Despite its growth prospects, the aqueous-based metal cleaner market faces certain challenges:

Higher Energy Consumption: Some aqueous cleaning processes require elevated temperatures or ultrasonic cleaning systems, leading to increased energy costs.

Limited Effectiveness for Certain Applications: While aqueous-based cleaners are effective for most contaminants, they may struggle to remove heavy-duty grease or tar compared to solvent-based alternatives.

Cost Considerations: The initial setup costs for aqueous cleaning systems can be higher, which might deter small and medium-sized enterprises (SMEs) from adopting them.

Emerging Trends

Focus on Bio-Based Ingredients Manufacturers are increasingly incorporating bio-based and biodegradable ingredients into aqueous-based cleaners to further enhance their environmental credentials. This trend aligns with the broader push toward green chemistry.

Integration of Automation Automated cleaning systems, such as robotic and ultrasonic cleaning units, are gaining traction. These systems improve cleaning precision, reduce labor costs, and optimize the usage of cleaning solutions.

Customization and Industry-Specific Solutions Companies are developing tailored solutions to meet the unique needs of various industries. For instance, aerospace-grade cleaners are designed to handle complex geometries and stringent quality requirements, while automotive cleaners focus on removing oil and grease effectively.

Regional Growth Opportunities Emerging economies in Asia-Pacific, such as China and India, are witnessing rapid industrialization, creating significant growth opportunities for aqueous-based metal cleaners. These regions are also adopting stricter environmental policies, further driving market demand.

Future Outlook

The aqueous-based metal cleaner market is poised for steady growth in the coming years, with a projected compound annual growth rate (CAGR) of around 5-7% between 2023 and 2030. Factors such as increasing environmental awareness, technological advancements, and the expansion of end-use industries will continue to propel the market forward.

However, market players must address challenges such as high energy costs and limited efficacy for certain applications to unlock the full potential of aqueous-based cleaners. Investing in research and development to create more versatile and energy-efficient formulations will be key to staying competitive.

Key Player Analysis:

3M Company

PPG Industries, Inc.

Quaker Houghton

BASF SE

The Dow Chemical Company

Diversey, Inc.

Chemetall (BASF Group)

Zep, Inc.

Henkel AG & Co. KGaA

Solvay S.A.

Stepan Company

Eastman Chemical Company

Segmentations:

By Technology Type:

Ultrasonic

Dip

Spray

Rinse

By End-Use Industry:

Automotive and Aerospace

Healthcare

Manufacturing

By Region:

North America

U.S.

Canada

Mexico

Europe

UK

France

Germany

Italy

Spain

Russia

Belgium

Netherlands

Austria

Sweden

Poland

Denmark

Switzerland

Rest of Europe

Asia Pacific

China

Japan

South Korea

India

Australia

Thailand

Indonesia

Vietnam

Malaysia

Philippines

Taiwan

Rest of Asia Pacific

Latin America

Brazil

Argentina

Peru

Chile

Colombia

Rest of Latin America

Middle East

UAE

KSA

Israel

Turkey

Iran

Rest of Middle East

Africa

Egypt

Nigeria

Algeria

Morocco

Rest of Africa

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Emulsion Polymer Market: Driving Sustainability and Innovation Across Industries

The emulsion polymer market has emerged as a cornerstone in the global drive toward eco-friendly industrial practices. With applications spanning construction, packaging, automotive, and textiles, emulsion polymers have cemented their position as a versatile, cost-effective, and sustainable solution.

What are Emulsion Polymers?Emulsion polymers are created through a water-based polymerization process, making them an environmentally friendly alternative to solvent-based polymers. Their low VOC (volatile organic compounds) emissions and high-performance capabilities have made them indispensable across industries.

Why is the Emulsion Polymer Market Growing?

Eco-Friendly AdvantagesThe shift toward sustainable materials has boosted the adoption of emulsion polymers. Their water-based composition aligns with stringent environmental regulations while delivering superior performance.

Applications in High-Growth IndustriesFrom paints and coatings to adhesives and paper, emulsion polymers are essential in industries prioritizing efficiency and innovation.

Technological AdvancementsInnovations like nanotechnology and bio-based formulations are pushing the boundaries of what emulsion polymers can achieve.

Key Market Trends

Bio-Based Polymers: Growing consumer awareness is driving the demand for renewable, bio-based alternatives.

Smart Polymers: Self-healing and adaptive emulsion polymers are gaining traction in high-tech applications.

Sustainability Efforts: Companies are integrating eco-friendly practices, such as biodegradable packaging and green chemistry.

Global Market Overview

The emulsion polymer market is projected to grow at a CAGR of 6% from 2023 to 2030, with Asia-Pacific leading in market share. This growth is driven by urbanization, increased construction projects, and demand for sustainable materials.

Challenges in the Market

While the future is bright, challenges like raw material price volatility, stringent regulations, and technological barriers in developing economies need to be addressed for sustainable growth.

Conclusion

The emulsion polymer market is driving innovation and sustainability across industries, meeting the demands of an eco-conscious world. Businesses investing in this market are well-positioned to benefit from its growing applications and technological advancements.

Looking for high-quality emulsion polymers or insights into the market? Connect with us to learn more about solutions tailored to your industry needs.

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Hybrid Adhesives & Sealants Market

Hybrid Adhesives & Sealants Market Size, Share, Trends: Henkel AG & Co. KGaA Leads

Growing Demand for Eco-Friendly Solutions Drives Market Forward

Market Overview: 

The Hybrid Adhesives & Sealants Market is projected to grow significantly from 2024 to 2031. Asia-Pacific is anticipated to be the dominant region in this market. Key metrics include increasing demand in construction and automotive industries, growing preference for eco-friendly adhesive solutions, and rising adoption in high-performance applications. The market for hybrid adhesives and sealants is expanding rapidly due to their superior performance qualities, such as strong bonding strength, flexibility, and resilience to various environmental factors. These products are gaining popularity across a wide range of industries due to their ability to combine the best qualities of multiple adhesive types, providing versatile solutions for challenging bonding needs.

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Market Trends: 

A significant trend in the hybrid adhesives and sealants market is the shift towards sustainable and eco-friendly formulations. This trend is driven by increasing environmental regulations, rising consumer awareness, and corporate sustainability initiatives. Manufacturers are focusing on developing hybrid adhesives and sealants with lower volatile organic compound (VOC) emissions, reduced carbon footprints, and enhanced recyclability. Recent advancements include bio-based hybrid adhesives that use sustainable raw materials such as plant-based polymers and natural fibers. These eco-friendly alternatives offer comparable performance to traditional petroleum-based products while minimizing environmental impact.

Market Segmentation: 

The MS Polymer Hybrid segment is expected to dominate the Hybrid Adhesives & Sealants Market. This dominance is attributed to the outstanding performance characteristics of MS polymer hybrids, including high flexibility, excellent adhesion to a wide range of substrates, and superior weathering resistance. MS polymer hybrid adhesives and sealants are suitable for various applications across industries due to their strong, flexible bonds that can withstand vibration, thermal expansion, and contraction. Their eco-friendliness, solvent-free nature, and minimal VOC emissions further drive their adoption in green building projects and environmentally conscious industries.

Market Key Players: 

Prominent players in the Hybrid Adhesives & Sealants Market include Henkel AG & Co. KGaA, Sika AG, 3M Company, H.B. Fuller Company, Bostik SA (Arkema Group), and Wacker Chemie AG. These companies are at the forefront of the industry, continuously innovating and expanding their product portfolios to meet the evolving market demands. Their strategic initiatives and robust distribution networks have enabled them to maintain a strong market presence and drive growth.

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[adityacmi]

Dehydrated Alcohol Market: Key Trends, Opportunities, and Regional Insights till 2031

The global dehydrated alcohol market was valued at USD XX Billion in 2023. It is projected to grow from USD XX Billion in 2024 to USD XX Billion by 2032, expanding at a compound annual growth rate (CAGR) of 6% during the forecast period (2024–2032).

Market Definition

Dehydrated alcohol is a form of alcohol that has been stripped of its water content, making it an anhydrous substance. It is primarily used as a solvent, reagent, cleaner, and additive in various industries, including life sciences, pharmaceuticals, automotive, and industrial applications. Dehydrated alcohol is produced through the distillation and purification of alcoholic beverages or industrial alcohols, and it plays a crucial role in the synthesis of chemicals, pharmaceuticals, and various manufacturing processes.

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Market Dynamics: Latest Trends, Growth Factors, and Opportunities

Key Trends:

Increasing Demand for Dehydrated Alcohol in Industrial Applications: As industries such as pharmaceuticals, chemicals, and manufacturing continue to grow, the demand for dehydrated alcohol is rising. Its use as a solvent and reagent in chemical processes, as well as its importance in cleaning and sterilizing equipment in industrial settings, is driving this trend.

Rising Use of Dehydrated Alcohol in the Pharmaceutical Sector: The pharmaceutical industry has been one of the primary drivers of the dehydrated alcohol market. Its role in the production of medicines, vaccines, and disinfectants, along with its high efficiency in extraction and purification processes, is increasing its demand. Additionally, its use in life sciences for laboratory-based applications is contributing to market growth.

Shift Toward Bio-based Sources of Dehydrated Alcohol: With the growing focus on sustainability and eco-friendly alternatives, there is an increasing shift toward bio-based dehydrated alcohol sourced from renewable materials like grains, corn, and sugarcane. This trend is also being driven by the demand for green chemicals and cleaner production processes.

Growth Factors:

Expanding Pharmaceutical Industry: The rapid growth of the global pharmaceutical industry, driven by increasing healthcare needs, is expected to be a major factor propelling the dehydrated alcohol market. Dehydrated alcohol is essential in various applications, such as drug formulation, solvent extraction, and the preparation of injectable medications.

Rising Demand for Solvents in the Automotive Industry: The automotive sector's increasing need for solvents for coatings, cleaning, and degreasing applications is contributing to the growth of the dehydrated alcohol market. As automotive production increases globally, the demand for high-quality solvents is expected to rise, boosting the use of dehydrated alcohol.

Increasing Use in Industrial Cleaning and Sanitization: The rising need for sanitization and cleaning in industrial environments has resulted in increased consumption of dehydrated alcohol as a cleaning agent. This is particularly relevant in sectors like manufacturing, automotive, and electronics, where cleaning and sterilization are critical.

Key Market Opportunities:

Sustainability and Eco-friendly Products: The increasing emphasis on sustainability presents an opportunity for manufacturers to innovate and produce dehydrated alcohol from renewable sources like sugarcane, corn, and grains. This shift towards bio-based alcohol is expected to cater to the growing demand for eco-friendly and sustainable products in various sectors.

Rising Applications in Cosmetics and Personal Care: Dehydrated alcohol is gaining popularity in the cosmetics and personal care industries due to its solvent properties. It is used in a variety of formulations such as perfumes, lotions, and gels. As consumer demand for high-quality, effective personal care products continues to grow, so does the need for dehydrated alcohol.

Expanding Demand in Emerging Markets: The growing industrialization in emerging markets, particularly in Asia-Pacific, is creating significant opportunities for the dehydrated alcohol market. The rising manufacturing activities, coupled with increased demand from the pharmaceutical, automotive, and chemical industries, is expected to drive market growth in these regions.

Market Segmentation

The global dehydrated alcohol market is segmented based on source, application, and end-user, offering detailed insights into the diverse areas where dehydrated alcohol is used.

By Source:

Grains

Sugarcane

Corn

Fossil fuels

Others

By Application:

Solvent

Cleaner

Reagent

Additive

By End-User:

Life Sciences

Industrial

Automobile

Others

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Key Players in the Dehydrated Alcohol Market

Several key players are operating in the global dehydrated alcohol market, with their innovative product offerings and strategic partnerships playing a crucial role in market growth. Some of the key companies include:

Millipore Sigma

Spectrum Chemical Mfg. Corp.

Ricca Chemical Company

Mitsubishi Chemical Company

Cargill Corp.

Decon Labs

Honeywell International Inc.

Fisher Scientific

Fujifilm

Nacalai Tesque, Inc.

Xuzhou First Chemical Co., Ltd.

Regional Analysis

Dominated Region: Asia-Pacific The Asia-Pacific region holds the largest market share in the dehydrated alcohol market. The increasing industrialization in countries such as China, India, and Japan, coupled with rapid growth in the pharmaceutical, automotive, and chemical industries, is driving the demand for dehydrated alcohol in this region. Additionally, the availability of raw materials like sugarcane, corn, and grains makes this region a key hub for the production of dehydrated alcohol.

Fastest Growing Region: North America North America is expected to witness the fastest growth in the dehydrated alcohol market. This growth can be attributed to the expanding pharmaceutical industry, growing demand for eco-friendly products, and increasing industrial cleaning and sanitization needs. The presence of key market players and advancements in production technologies also contribute to the region’s growth.

Conclusion

The dehydrated alcohol market is poised for significant growth over the forecast period, driven by increasing demand across various industries, including pharmaceuticals, automotive, and industrial applications. As sustainability becomes a key focus, the shift towards bio-based dehydrated alcohol is expected to create new opportunities for market expansion. With a projected CAGR of 6% from 2024 to 2032, the market is set to reach new heights, offering ample opportunities for stakeholders and manufacturers alike.

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Global Green Solvent Market Share, Size, Demand, Key Players by Forecast 2034

Exploring the Global Green Solvent Market: A Step Toward Sustainable Chemistry

The global green solvent market has gained significant attention as industries look for more sustainable alternatives to traditional chemical solvents. Green solvents, often referred to as eco-friendly or bio-based solvents, have been gaining traction due to their lower environmental impact, non-toxicity, and renewable sources. These solvents are part of a broader movement in the chemical industry toward sustainability and reducing the carbon footprint of industrial processes. The green solvent market is set for significant growth as more industries realize the benefits of these sustainable alternatives, and regulatory pressures continue to push for greener solutions.

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What are Green Solvents?

Green solvents are chemical compounds used in industrial processes and applications that are derived from renewable resources and possess low toxicity and environmental impact compared to conventional solvents. Unlike traditional solvents, which may be derived from petroleum or contain hazardous chemicals, green solvents are designed to reduce pollution, waste, and health risks while maintaining or improving performance.

There are several types of green solvents available, including:

Bio-based solvents: Derived from renewable plant-based sources such as corn, sugarcane, and soybeans. Examples include ethanol, d-limonene, and ethyl lactate.

Water-based solvents: Water is used as the solvent or a major component, making it one of the most sustainable and abundant resources.

Supercritical fluids: These solvents use carbon dioxide in its supercritical state, which allows it to act as both a gas and a liquid, offering environmentally friendly alternatives in certain extraction processes.

Ionic liquids: These are salts that remain liquid at low temperatures and are used for their excellent solvating properties in various industrial applications.

Driving Forces Behind the Growth of the Green Solvent Market

Several factors contribute to the accelerating growth of the global green solvent market, including environmental concerns, regulatory mandates, and advancements in sustainable chemistry.

Environmental Awareness: As the world becomes increasingly aware of the negative environmental impact of traditional solvents, there is a growing demand for alternatives. Traditional solvents, such as toluene, acetone, and xylene, contribute to air pollution, greenhouse gas emissions, and pose significant risks to human health. Green solvents, on the other hand, are biodegradable, non-toxic, and typically produced from renewable resources, helping to mitigate these environmental issues.

Regulatory Pressure: Governments and regulatory bodies around the world are enacting stricter environmental regulations aimed at reducing the use of hazardous chemicals. For example, the European Union’s REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) regulations and the U.S. Environmental Protection Agency’s (EPA) guidelines encourage the development and adoption of green solvents. As regulations become more stringent, businesses are looking for solvents that comply with environmental standards and can reduce their carbon footprint.

Sustainability Goals of Companies: In line with the global shift toward sustainability, businesses are increasingly adopting green chemistry principles. Companies are not only looking to reduce their environmental footprint but are also under pressure from consumers, investors, and stakeholders to improve sustainability. Green solvents help companies meet these sustainability goals while maintaining product quality and operational efficiency.

Technological Advancements: Ongoing research and development in green chemistry are making it easier and more cost-effective to produce green solvents. Scientists are discovering new bio-based feedstocks and improving production techniques to make green solvents more viable for large-scale use. Moreover, green solvents are becoming more affordable as production methods evolve, making them more attractive to industries that are considering the switch from conventional solvents.

 Key Market Players

BASF SE

The Dow Chemical Company

Huntsman Corporation

Solvay S.A.

LyondellBasell Industries Holdings B.V.

Vertec BioSolvents Inc.

Cargill, Incorporated

BioAmber Inc.

Cremer Oleo GmbH & Co. KG

Gevo, Inc.

Other

Market Segmentation

Market Segments

By Type

Bio-Alcohols

Bio-Methanol

Bio-Ethanol

Others

Bio-Glycols

Lactate Esters

D-Limonene

Methyl Soyate

Others

By End-use

Chemical Intermediate

Pharmaceuticals

Printing Inks

Paints & Coatings

Cosmetics & Personal Care

Other

Challenges Facing the Green Solvent Market

While the green solvent market is expanding, it is not without challenges. One of the major hurdles is the cost of production. Green solvents, particularly bio-based ones, often have higher production costs compared to their petrochemical counterparts. Although prices are decreasing due to technological advancements, they can still be a barrier for widespread adoption, especially in price-sensitive industries.

Additionally, there is a need for greater standardization and regulatory frameworks across regions to ensure the safety and quality of green solvents. This will help facilitate global trade and adoption of these sustainable products.

Conclusion

The global green solvent market is on an upward trajectory as industries seek to adopt more sustainable, eco-friendly alternatives to Traditional solvents. Driven by environmental concerns, regulatory pressures, and the growing emphasis on sustainability, green solvents are poised to play a critical role in reducing the carbon footprint of many industries. As technological advancements continue and production costs decrease, the market for green solvents will likely expand, offering businesses a practical and responsible solution for their chemical needs. The future of chemistry is green, and the green solvent market is helping to lead the charge toward a more sustainable, eco-friendly industrial landscape.

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Solvents Market: Trends, Opportunities, and Industry Insights for Experts

The solvents market stands as a pivotal component of multiple industries, from pharmaceuticals to automotive. Its dynamic and evolving nature keeps industry experts on their toes, especially in an age where sustainability and efficiency dominate business priorities. This blog takes a closer look at the market size, emerging trends, and key players driving this crucial segment forward.

A Snapshot of the Solvents Market

The global solvents market  size was USD 35.07 billion in 2024 and is projected to reach USD 43.43 billion by 2029, at a CAGR of 4.4%, between 2024 and 2029. until 2030. Solvents play an indispensable role across various applications, such as coatings, adhesives, cleaning agents, inks, and industrial chemical formulations.

Interestingly, as environmental regulations tighten and consumer awareness around green products increases, the demand for eco-friendly solutions such as bio-based and water-based solvents is rising steadily. This shift is reshaping market dynamics and fueling innovation.

Emerging Trends Shaping the Solvents Industry

Rising Demand for Green Solvents Environmental considerations are fundamentally altering the solvents market. Bio-solvents, derived from renewable sources such as corn, sugarcane, and other natural materials, have seen a significant uptick in adoption. Meanwhile, water-based solvents are gaining traction as an effective means of reducing volatile organic compound (VOC) emissions.

Technological Breakthroughs The quest for improved performance and safety is driving innovation. Recent advances in nano-solvent technologies are creating products tailored for high-precision applications, particularly in sectors like electronics and healthcare. These innovations promise reduced toxicity, greater efficiency, and broader compatibility across applications.

Asia-Pacific as a Growth Hub The Asia-Pacific region, led by economic powerhouses like China and India, is experiencing unprecedented growth in solvent demand. Rapid industrialization, urban expansion, and a thriving automotive sector are fueling this demand. Regional manufacturers are also stepping up their game, producing solutions that meet international quality standards.

Industry Consolidation and Collaboration Strategic mergers and alliances are becoming more common, with solvent manufacturers pooling resources to address emerging challenges and opportunities. These partnerships often include collaborations with research institutions, aiming to refine product formulations and explore untapped market potential.

Leading Companies Driving Innovation

The solvents market’s vibrancy is driven by a mix of global giants and regional specialists. Key players include:

BASF SE: Offering a diverse range of solvent products, with a special focus on eco-friendly alternatives.

Dow Chemical Company: Renowned for its advanced formulations and commitment to sustainability.

Eastman Chemical Company: Specializes in high-performance solvents for use in coatings, adhesives, and other demanding applications.

LyondellBasell: A leader in petrochemical solvents with a growing portfolio of innovative products.

Shell Chemicals: Focuses on delivering energy-efficient and industrial-grade solvents.

These companies are at the forefront of addressing industry demands while proactively investing in future-ready solutions.

Challenges and Opportunities

Despite its many opportunities, the solvents market is not without hurdles. Stringent regulations around VOC emissions and sustainability, coupled with fluctuating raw material costs, present persistent challenges. However, these obstacles have also become a catalyst for innovation, spurring the development of bio-based and high-performance solvents.

For manufacturers and industry experts, the key lies in embracing sustainable practices while leveraging technological advancements to stay competitive. This balance will define the industry’s trajectory in the coming years.

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The solvents market stands at an exciting crossroads, shaped by technological advancements and a growing emphasis on sustainability. For industry experts, understanding these shifting dynamics is critical to capitalizing on emerging opportunities and overcoming challenges.

As green chemistry gains traction and collaborations foster innovation, the solvents industry is set to redefine its role across sectors, ensuring a future where performance meets environmental responsibility.

[materialsscienceandengineering]

Upcycled plastic membrane helps clean up waste

Plastic waste can be used as a raw material for making high performance porous membranes. These could then be used in the chemical industry for the energy-efficient separation of complex chemical mixtures or to clean up waste streams, further adding to the environmental appeal of the process.

Polymeric membranes could be great partners for addressing many sustainability challenges, says Malinalli Ramírez Martínez, a Ph.D. student who led the research in Suzana Nunes' group at KAUST. Thanks to their selectively permeable porous structure, they can reduce the environmental footprint of industrial separations, help in the treatment of waste effluent and create access to fresh water, she says.

"However, traditional membrane fabrication approaches mostly use pristine fossil-based nonrenewable materials, which has a negative environmental impact and contradicts the sustainability benefits," Ramírez Martínez says.

"We wanted to take polymeric membrane sustainability one step further by replacing some of the conventional materials used for their fabrication with bio-based solvents and waste plastics, following the principles of circular economy and green chemistry."

Read more.

[hariganesh858]

Aromatic Solvents Market

Aromatic Solvents Market Size, Share, Trends: ExxonMobil Corporation Leads

Increasing Demand for High-Performance Solvents Driving Market Growth

Market Overview: 

The global aromatic solvents market is expected to grow at a CAGR of X.X% during the forecast period of 2024-2031, reaching a market size of USD YY billion by 2031 from USD XX billion in 2024. The Asia-Pacific region is projected to dominate the market, driven by the rapid industrialization, growing demand from end-use industries, and increasing investments in infrastructure development. The growth of the aromatic solvents market is fueled by factors such as the rising demand for high-performance solvents in various applications, increasing adoption of environmentally friendly solvents, and growing focus on product innovation. However, stringent regulations regarding the use of certain aromatic solvents may restrain the market growth to some extent.

The increased demand for high-performance solvents in a variety of applications, including paints and coatings, adhesives, and printing inks, is a major trend driving the aromatic solvents market. Aromatic solvents, particularly xylene and toluene, have high solvency, rapid evaporation rates, and are compatible with a wide range of resins and polymers. These characteristics make them excellent for use in high-performance compositions that demand exceptional quality and endurance. The growing need for high-quality paints, coatings, and adhesives in the automotive, construction, and packaging industries is likely to drive up consumption of aromatic solvents in the coming years.

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Market Trends: 

The rising use of ecologically friendly solvents is a major driver of the aromatic solvents industry. Growing worries about the environmental and health consequences of traditional solvents have prompted the development of cleaner, more sustainable alternatives. Bio-based and low-VOC (volatile organic compound) aromatic solvents are gaining popularity due to their lower environmental impact and adherence to strict requirements. Major market participants are investing in the development of green solvents, such as those generated from renewable feedstocks, to address the growing need for environmentally friendly solutions.

Despite the favourable prognosis, tight rules governing the use of some aromatic solvents may stifle market growth. Some aromatic solvents, such as benzene, have been classified as carcinogenic and are subject to stringent laws in several countries. The European Union, for example, has enacted the Registration, Evaluation, Authorisation, and Restriction of Chemicals (REACH) legislation, which limits the use of some hazardous compounds, such as certain aromatic solvents. Compliance with these laws may raise production costs and reduce the availability of some aromatic solvents, hurting market growth. However, the development of safer and more compliant alternatives is projected to reduce the impact of regulatory challenges to some degree.

Market Segmentation: 

The toluene segment is estimated to account for the majority of the aromatic solvents market throughout the forecast period. Toluene is widely utilised as a solvent in a variety of applications, including paints & coatings, adhesives, printing inks, and pharmaceuticals, due to its high solvency, rapid evaporation rate, and low toxicity when compared to other aromatic solvents. This segment's expansion is being driven by rising demand for toluene in the manufacture of high-performance coatings, adhesives, and inks, particularly in the automotive and construction industries.

Major aromatic solvent producers, like ExxonMobil Corporation and Royal Dutch Shell plc, are focussing on increasing toluene production capacity to meet rising demand from end-use industries. For example, in 2023, ExxonMobil announced intentions to enhance toluene production capacity at its Singapore refinery in response to rising demand in Asia-Pacific.

Market Key Players:

ExxonMobil Corporation

Royal Dutch Shell plc

BASF SE

Lyondellbasell Industries Holdings B.V.

Chevron Phillips Chemical Company LLC

Ineos Group AG

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/

[insightsresearch]

Aliphatic SolventMarket New Innovations Trends, Research, Global Share and Growth Factor

Analysis of Aliphatic SolventMarket Size by Research Nester Reveals the Market to Grow with a CAGR of 5.1% During 2025-2037 and Attain ~USD 4.45 Billion by 2037

Research Nester assesses the growth and market size of global aliphatic solventmarket which is anticipated to be on account of the growing need for paints and coatings for the expanding number of commercial and residential structures brought on by increasing urbanization and population.

Research Nester’s recent market research analysis on “Aliphatic SolventMarket: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global aliphatic solventmarket in terms of market segmentation by type, application, and by region.

Growing Construction and Automotive Industry to Promote Global Market Share of Aliphatic Solvent

The growing need for paints and coatings due to the increasing number of residential and commercial buildings brought about by population growth and urbanization is anticipated to drive the global market for aliphatic solvents to rapid expansion during the forecast period. Furthermore, it is anticipated that in the years to come, the development of novel and inventive aliphatic solvents will be fueled by the increased emphasis on sustainability and the growing need for ecologically friendly solvents. The aliphatic solvents market is expected to see new growth prospects with the development of bio-based aliphatic solvents.

Some of the major growth factors and challenges that are associated with the growth of the global aliphatic solventmarket are:

Growth Drivers:

Surge in Rubber Sector Will Increase Need for Aliphatic Solvents

Rising Turpentine Substitution with Mineral Spirits

Challenges:

Workers who handle solvents in the course of producing aliphatic solvents and thinners frequently come into contact with them, which can be harmful to their neurological and respiratory systems. Producers of aliphatic solvents and thinners are now considering the use of organic solvents as an alternative due to the stringent restrictions controlling the use of solvents. Negative consequences and a transition to greener substitutes and high costare some of the major factors anticipated to hamper the global market size of aliphatic solvent.

Access our detailed report at:https://www.researchnester.com/reports/aliphatic-solvent-market/3328

By application, the global aliphatic solventmarket is segmented into paints & coatings, adhesives, rubbers & polymers, oil & gas, aerosol and cleaning & degreasing. The paints & coatings segment is to garner a highest revenue by the end of 2037 by growing at a significant CAGR over the forecast period. Aliphatic solvents are widely used as diluents and solvents for resins, binders, and pigments in the paint and coatings industry. The need for aliphatic solvents in the paint and coatings business is being driven by the growth of the construction industry, the requirement for high-performance coatings, and the trend toward low-VOC coatings. Two more important applications for aliphatic solvents are cleaning and degreasing, particularly in the industrial and automotive sectors. The growing building and construction sector are increasing the requirement for aliphatic solvents as thinners and diluents in paints and coatings. In addition to adhesives, paints, and coatings especially made for the building sector, processors employ these solvents as degreasing and cleaning agents.

By region, the Europe aliphatic solventmarket is to generate the highest revenue by the end of 2037. The market for traditional hydrocarbon solvents is shifting, especially in North America and Europe where strict environmental laws and regulations have made it possible to use bio-green hydrocarbon solvents. Aromatic solvents are predicted to gradually diminish whereas aliphatic solvents, which now have a significant market share, are predicted to climb steadily. The greatest market for hydrocarbon solvent applications is in painting and coatings, with printing ink, adhesives, and pharmaceuticals following suit.

Customized report@ https://www.researchnester.com/customized-reports-3328

This report also provides the existing competitive scenario of some of the key players of the global aliphatic solventmarketwhich includes company profiling of ExxonMobil Corporation, Reliance Industries Limited, Marathon Petroleum Corporation, E.I. Du Pont De Nemours and Company, PJSC Lukoil Oil Company, Valero Energy Corporation, Shell Plc, Honeywell International Inc., Janex S.A, and others.

Request Report Sample@ https://www.researchnester.com/sample-request-3328  

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

[maxicuma]

Ennature Biopharma - Introduction

Who are we - Ennature Biopharma is the natural ingredients division of India Glycols, set up in 2009 to leverage the India Glycols expertise in advanced green technologies and to develop high quality, plant-based ingredients for the pharmaceutical and nutraceutical industries. India Glycols is a USD 750 million listed, global leader in specialty, bio-based, chemicals since 1984. India Glycols has been a pioneer of green technologies and holds the distinction of being the first and only company in the world to commercialize the production of ethylene oxide and glycols from renewable agricultural feedstocks.

What we do - At Ennature Biopharma, we develop, and manufacture value-added, plant-based ingredients for pharmaceutical, nutraceutical, and food and beverage industries. We source our raw materials mainly from India, with strong partnerships, and farmer connect to ensure the sustainability and quality at the source. We use 100% green SCF- CO₂ technology to manufacture our nutraceutical actives and have an exceptionally strong manufacturing and green technology base. We hold a leadership position in the manufacture of high value plant-based phytochemicals (API’s).

Our sustainability initiatives - We are pioneers of green technology and strongly integrate sustainability initiatives into each aspect of our operations. Use of Green CO₂ and Ethanol for Manufacturing: We use in-house suagrcane based ‘green’ CO₂ and ethanol as clean extraction solvents for manufacturing high value nutraceutical ingredients and recycle all our solvents to make sure our products and processes are entirely sustainable. Zero Solid and Liquid Discharge System: We recycle and reuse all our water and treat 100% of our effluent water discharged from all our manufacturing activities. Energy from Waste Biomass: We convert all our plant residue post extraction into biomass briquettes and use it as fuel for our boiler. We proudly generate over 70% of our fuel requirement through such initiatives.

[kristinahertzz]

India Liquid Water Proofing Systems Market

India Liquid Waterproofing Systems Market Size, Share, Trends: Sika India Pvt. Ltd. Lead

Shift Towards Eco-Friendly and VOC-Free Solutions

Market Overview:

The India liquid Waterproofing systems market is expected to develop at a 7.5% CAGR between 2024 and 2031, reaching INR YY billion by then. The Western India dominates the market, with 35% of the national share. Key metrics include urbanisation, rising need for long-lasting construction solutions, and increased infrastructure development spending.

The Indian liquid Waterproofing systems market is expanding rapidly, owing to rising urbanisation and a thriving building industry. Government initiatives for smart cities, increased awareness of building upkeep, and the need for sustainable construction techniques are driving market growth. The sector is experiencing a rise in creative product development to improve durability, convenience of use, and environmental friendliness.

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Market Trends:

The India liquid Waterproofing systems market has experienced a considerable increase in the development and acceptance of ecologically friendly and low-VOC (Volatile Organic Compound) solutions. This transition is being driven by increased awareness of indoor air quality and the government's push for green building principles. According to a recent research by the Indian Green Building Council, green certified buildings in India are rising at a 10-12% yearly rate, resulting in a significant demand for sustainable construction materials, including eco-friendly waterproofing solutions. Major manufacturers are investing in R&D to develop water-based and solvent-free formulations that provide excellent performance while minimising environmental effect. The industry is also experiencing an increase in the usage of bio-based raw ingredients in waterproofing compounds to lower the carbon impact.

Market Segmentation:

The polyurethane segment dominates the market, accounting for over YY% of the national market share. Polyurethane-based liquid waterproofing systems continue to dominate the market due to their superior performance qualities, such as high elasticity, adhesion, and durability. These qualities make polyurethane systems appropriate for a wide range of applications, including roofing and foundations. In recent years, the industry has seen substantial innovation, including as the development of moisture-cured and fast-setting formulas that shorten application times and increase overall project efficiency.

Market Key Players:

Sika India Pvt. Ltd.

BASF India Ltd.

Pidilite Industries Ltd.

Fosroc Chemicals India Pvt. Ltd.

Dr. Fixit (Pidilite Industries Ltd.)

CICO Technologies Limited

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/