Green Solvents & Bio Solvents Market - Forecast(2022 - 2027)

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Green Solvents Bio Solvents MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Green Solvents Bio Solvents Market is
  forecast to reach 6.3 billion by 2026, after
  growing at a CAGR of 9.2 during the forecast
  period from 2021-2026. 
• In a wide variety of industries, such as paints
  coatings, printing inks, adhesives sealants,
  and industrial domestic cleaning, green
  solvents are consumed. The application segment of
  paints and coatings will continue to dominate the
  global market for green solvents over the
  forecast timeframe.
• Increasing environmental issues, together with
  increasing market awareness about environmentally
  sustainable goods, are pushing green solvent
  adoption in the paints coatings industry.

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• Key Takeaways
• Green solvents and bio-solvents are
  environmentally friendly solvents, which are
  extracted from crop production. As a more organic
  alternative to petrochemical solvents, green
  solvents have been developed.  
• Government funding and benefits can differ
  greatly, as it depends on the individual
  circumstances of each region. There are a variety
  of geographical variations in the dependence of
  the bio-solvent industry on government
  assistance, depending on the price of crude oil
  and the cost of bio-solvent production. In
  developed and emerging countries, the market is
  still dependent on U.S. and European Union
  bio-solvent initiatives, where aggressive goals
  can hardly be reached domestically.

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Green Solvents Bio Solvents Market Segment
Analysis - By Application Paints and Coatings
sector held the largest share in green solvents
bio solvents market in 2020 and is growing at a
CAGR of 5.6 during the forecast period
2021-2026. In the paints and coatings industry,
lactate ester solvents are used which are derived
from renewable carbohydrate raw materials such as
cornstarch, and ethyl lactate in particular is an
interesting solvent for the coatings industry
since solvents such as NMP, toluene, acetone, and
xylene are successfully substituted.
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Green Solvents Bio Solvents Market Industry
Outlook  Dow Chemical Company BASF SE BioAmber
Inc. Cargill Stepan Company Archer Daniels
Midland Company Corbion Vertec Bio-solvents
Carbon Neutral Shenzhen Esuns Industrial Co.,
Ltd Huntsman International LLC. Florida Chemical
Company
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Green Solvents Bio Solvents Market-
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/116
96/green-solvents-biosolvents-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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