Bio Solvents Market Trends, Company Share To 2020: Grand View Research, Inc.

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Global Bio SolventsMarket Expected To Reach
USD 22.50 Billion By 2020 Grand View Research,
Inc.

• Grand View Research has announced the addition of
  "Global Bio Solvents Market Analysis And Segment
  Forecasts To 2020" Market Research report to
  their Database

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• The global bio solvents market (
  http//www.grandviewresearch.com/press-release/glo
  bal-bio-solvents-market ) is expected to reach
  USD 9.31 billion by 2020, according to a new
  study by Grand View Research, Inc. Volatile
  petrochemical prices coupled with growing
  concerns regarding VOC presence in conventional
  solvents is expected to remain a key driving
  factor for global bio solvents market. Bio
  solvents have been gaining acceptance across key
  end-use industries and are expected to replace
  most of the conventional solvents on account of
  its biodegradability and toxic free properties.
  Increasing demand for green paints coatings is
  expected to further complement the market growth.
  Increasing market penetration in pharmaceutical
  and cosmetic industries is also expected to have
  a positive influence on the market growth.
• Lactate ester emerged as the leading product
  segment and accounted for 30 of total market
  volume in 2013. Increasing penetration of lactate
  esters in coatings, printing inks and industrial
  cleaning applications is expected to drive its
  demand over the forecast period. Growth of paints
  coatings industry on account of increasing
  construction spending particularly in emerging
  markets of Asia Pacific and Latin America is
  expected to further drive its demand. Glycols are
  expected to be the fastest growing product
  segment at an estimated CAGR of 5.4 from 2014 to
  2020. Positive outlook on global automotive
  industry is expected to fuel its demand over the
  next six years.

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• Further key findings from the study suggest
• Global bio solvents demand was 2,505.0 kilo tons
  in 2013 and is expected to reach 3,569.6 kilo
  tons by 2020, growing at a CAGR of 5.2 from 2014
  to 2020.
• Paints coatings emerged as the largest
  application segment and accounted for 44.2 of
  total market volume in 2013. Increasing
  construction spending in emerging markets of
  Brazil, China and India on account of increasing
  urbanization and industrialization rates is
  expected to remain a key driving factor for this
  segment.
• Adhesives sealants is expected to be the
  fastest growing application segment at an
  estimated CAGR of 5.3 from 2014 to 2020. Growing
  demand for bio-based adhesives sealants from
  various end-use industries such as automotive,
  construction and packaging is expected to remain
  a key driving factor for this segment.
• North America was the largest regional bio
  solvents market and accounted for 35 of total
  market volume in 2013. Favorable regulatory
  scenario coupled with increasing demand for
  sustainable chemicals particularly in developed
  economies of the U.S. and Canada is expected to
  drive the regional demand. Various initiatives
  taken by the U.S. government to improve public
  infrastructure is expected to drive paints
  coatings and adhesives sealants demand. This in
  turn is expected to have a positive impact on the
  regional bio solvents market.
• Asia Pacific is expected to witness the highest
  growth rate over the forecast period. The region
  is expected to grow at an estimated CAGR of 5.5
  from 2014 to 2020. Growth of major end-use
  industries particularly in China and India is
  expected to drive the regional market.
• Global bio solvents market is highly
  concentrated with top four companies accounting
  for over 60 of the total market in 2013. Major
  companies operating in the global market include
  BASF, DuPont, The Dow Chemical Company, Cargill,
  AkzoNobel, LyondellBasell, Gevo, BioAmber,
  Hunstman Corp., Myriant, Florida Chemicals and
  Vertec Biosolvents.
•  
• For More http//www.grandviewresearch.com/industr
  y-analysis/bio-solvents-market

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• Request free sample of this Report
  http//www.grandviewresearch.com/industry-analysis
  /bio-solvents-market/request
• For the purpose of this study, Grand View
  Research has segmented the bio solvents market on
  the basis of product, application and region
• Global Bio Solvents Product Outlook (Volume,
  Kilo Tons Revenue, USD Million, 2012 - 2020)   
  Lactate Ester     Soy Methyl Ester    
  Alcohol     Glycols     Others
• Global Bio Solvents Applications Outlook
  (Volume, Kilo Tons Revenue, USD Million, 2012 -
  2020)     Paints Coatings     Adhesives
  Sealants     Printing Inks     Others
• Global Bio Solvents Regional Outlook (Volume
  Kilo Tons Revenue, USD Million, 2012 - 2020) 
     North America     Europe     Asia
  Pacific     RoW
•  

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  .com/industry/renewable-chemicals
• About Grand View Research
• Grand View Research, Inc. is a market research
  and consulting company that provides off-the-
  shelf, customized research reports and
  consulting services. To help clients make
  informed business decisions, we offer market
  intelligence studies, ensuring relevant and
  fact-based research across a range of industries,
  from technology to chemicals, materials and
  energy. With a deep-seated understanding of
  varied business environments, Grand View
  Research provides strategic objective insights.
•  
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• Corporate Sales Specialist, USA Grand View
  Research, Inc Phone [phone]
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