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SOURCE Research and Markets
DUBLIN, January 30, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/nzdwcv/green_solvents) has announced the addition of the "Concise Analysis of the International Green Solvents & Bio Solvents Market - Forecasts to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The demand for non toxic and biodegradable green solvents and bio solvents has increased from the end-user industry in recent years. The global green solvents and bio solvents market is expected to show high growth in the next five years. The market of bio and green solvent is segmented by different types of solvents which include lactate esters, alcohols, glycols, diols, d-limonene, and methyl soyate. These green solvents and bio solvents with eco-friendly properties, innovative technology, and modern chemistries offer no or low VOCs and are available in different grades according to the applications such as industrial & domestic cleaners, paints & coatings, printing inks, pharmaceutical & personal care products, and others.
Within the applications segment, industrial & domestic cleaners are the current major growth area for the green solvents and bio solvents market. It is expected to maintain a dominating position over the next five years. The cleaners' application is expected to show highest growth followed by printing inks, and paints & coatings in next five years. The applications of green solvents and bio solvents are expected to increase its market in Asia-Pacific and ROW. The market is also analyzed by drivers, restraints, and opportunities with their impact analysis.
Geographically, the market is studied for different regions such as North America, APAC, Europe, and ROW. The green solvents and bio solvents market is analyzed in terms of volume (thousand tons) and value ($million) market that depicts its future outlook. This analysis covers major developments, expansions, agreements, and mergers & acquisitions of leading global companies.
In the year ended 2013, global green solvents and bio solvents demand is estimated to be worth nearly $4.3 billion and is expected to reach $6.5 billion under normal condition and $8.1 billion under optimistic condition by 2018 at a CAGR of 8.5% and 13.3% respectively from 2013 to 2018.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Green & Bio Solvents Market, By Types
6 Global Green & Bio Solvents Market, By Applications
7 Green & Bio Solvents Market, By Geography
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/nzdwcv/green_solvents
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
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