Green and Bio-Based Solvents Market Size is estimated to be USD 8.6 Billion by 2034; Stricter Environmental Regulations is Propelling the Market Growth

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Published Date: March 2025

Green and bio-based solvents, derived from renewable resources such as plants and agricultural wastes, offer a sustainable alternative to traditional petroleum-based solvents, offering lower toxicity and improved biodegradability. Stricter environmental regulations, growing construction infrastructure, increasing demand for eco-friendly products, and demand from industries such as paints and coatings, pharmaceuticals, and cosmetics is booming the green and bio-based solvents market growth.

Green and Bio-Based Solvents Market Segmentation Analysis:

By Source	Sugar and Starch-Based, Cellulose-Based, Alcohol-Based, and Others
By Product Type	Bio-Alcohols, Bio-Glycols, Bio-Diols, Lactate Esters, and Others
By Application	Paints and Coatings, Cleaning Products, Adhesives and Sealants, Pharmaceuticals, Cosmetics, and Others

Green and Bio-Based Solvents Market Report Highlights:

Green and bio-based solvents market size accounted for USD 5.25 Billion in 2024.
Target market estimated to be USD 8.6 Billion by 2034 registering a CAGR of 5.5%.
On the basis of source, the sugar and starch-based segment has the dominating green and bio-based solvents market share.
Based on product type, the bio-alcohols segment is attributed to lead the market.
According to application, the paints and coatings segment is projected to govern the market.
Geographically, North America has the largest green and bio-based solvents market share.

Green and Bio-Based Solvents Market Dynamics:

Growing Factor	Challenge Factor	Market Trend
Rising Demand Of Green And Bio-Based Solvents From The Growing Construction Industry	Availability Issues Of Green And Bio-Based Solvents	Technological Advancements In Green And Bio-Based Solvents

Green and Bio-Based Solvents Market Key Highlights:

In January 2024, Syensqo Ventures, the group’s venture capital fund, participated in the USD 2.1 million financing round for Bioeutectics, alongside Fen Ventures, Atento Capital and SOSV (IndieBio). Bioeutectics provided natural and high-performance green solvents that made industrial products and processes more sustainable. This new investment strengthened the existing partnership between Syensqo Ventures and the Genesis Consortium.

Green and Bio-Based Solvents Market Report Analysis:

Synthesis Schemes with Green Solvents

Solvents are used in various industries, causing waste and requiring significant resources. Green solvents, which are environmentally friendly and recyclable, have gained attention due to their potential to reduce the environmental impact of chemical consumption. Techniques such as bio-solvents, oleochemicals, and organic solvents such as ILs and supercritical fluids have been developed to replace harmful solvents. Examples of green solvents are used in cooking natural products, drugs, and intermediate productions, which can be used for synthesis.

Browse ∼60 market data tables and ∼35 figures through ∼160 slides and in-depth TOC on “Green and Bio-Based Solvents Market, By Source (Sugar and Starch-Based, Cellulose-Based, Alcohol-Based, and Others), Product Type (Bio-Alcohols, Bio-Glycols, Bio-Diols, Lactate Esters, and Others), Application (Paints and Coatings, Cleaning Products, Adhesives and Sealants, Pharmaceuticals, Cosmetics, and Others), and Region - Trends, Analysis, and Forecast till 2034”

For more insights into the Green and Bio-Based Solvents Market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/Green-and-Bio-based-solvents-market-5548

Competitive Landscape of Green and Bio-Based Solvents Market:

The major players operating in the green and bio-based solvents market are BASF SE, BioAmber Inc., Myriant Corporation, Dow Chemicals, Cargill Incorporated, Gevo Inc., Vertec Bio Solvents Inc., Florida Chemicals, LyondellBasell, DuPont, Solvay SA, and Huntsman Corporation.