One of the Upcoming reports from AMR Green Solvents & Bio-Based Solvents (Products & Applications) Market will discuss Industry Trends, Market Segments and Opportunities for the market in the next five years Green solvents are essential to minimize health hazards and consumer safety in Pharmaceuticals, printing inks and paints & coating industries. These industry segments exhibit significant demand for green solvents due to safety concerns. Conventional solvents
emit
volatile
organic
compounds
(VOC)
which
are
hazardous
to
the
environment and also lead to health concerns. This has increased the demand for green and bio solvents. With increasing environmental regulations relating to VOC emission, green solvents have emerged as an important option. The global solvent market is projected to be over $29 billion by 2020 and green solvent is expected to have significant share in this market. Applications like paints, printing ink and coating demand for green solvents and are one of the many drivers of the global green solvents market growth. Emerging markets such as China, India, Russia and Brazil are the main contributors in the green solvent adoption as these markets are largest consumers of green solvents. Despite the increase in demand there has been lack in significant research and development activities to improve the production process of green solvents and make it cost effective. The conventional solvents are more cost effective than green solvents and hence are still being utilized at much higher rate as compared to green solvents. However, the global outlook for green solvents is positive for next seven years as governments across the globe are positive in extending encouragements for greener chemical products. The global green solutions market can be segmented in applications on the basis of industrial & domestic cleaners, pharmaceuticals and cosmetics, paints and coating, , and printing ink. Based on products, the market can be classified into Esters Solvents, Alcohols, Glycols & Diols Solvents, D-Limonene, and Methyl Soyate Solvents. Global Green Solvents Market – by Application •
Industrial & Domestic Cleaners Market for Bio & Green Solvent
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Paints & Coatings Market for Bio & Green Solvent
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Printing Inks Market for Bio & Green Solvent