Global Green Solvent Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

Global Green Solvent Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

April 2, 2024

The Global Green Solvent Market is expected to grow at a CAGR of around 7.0% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global Green Solvent Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.

Essential Parameters

  • Timeframe and Metrics
  • Historical Period: 2018-21
  • Base Year: 2022
  • Forecast Years: 2023-2028
  • Units: USD Million/Billion
  • Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
  • Before creating a roadmap or checklist for the research report, we seek to understand the client’s perspective and objectives.
  • The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
  • We use both primary and secondary research approaches to gather unbiased and comprehensive market information.

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Global Green Solvent Market Key Driver:

Supporting Government Regulation for Green Solvent – The stringent regulation of the government to reduce carbon emissions from the environment is driving the market growth of green solvents during the historical years. Many countries, like Germany, the US, etc., have been restricting the use of synthetic solvents to reduce carbon emissions from various industries. In the European Union, the usage of various solvents has lowered, such as chloroform, 1,2-DCE, carbon tetrachloride, NMP, DMF, DMAc, benzene, hexane, 1,4-dioxane, 1,2-DME, diethyl ether, etc., due to their adverse effect on human health & the environment. Therefore, various sectors, such as pharmaceutical, chemical, cosmetic, etc., are adopting these solvents to follow government norms for reducing carbon footprints. Hence, the growing demand for environment-friendly solvents from industries to minimize the carbon footprint from the environment is driving the market growth.

Analyzing the Segmentations for the Global Green Solvent Market

Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:

By Type







-Bio-based Propylene Glycol

-Bio-bases ethylene Glycol


-Ethyl Lactate

-D-lime Stone

-Methyl Soyate

By Application

-Paint & Coatings

-Industrial & Domestic Cleaning

-Printing Inks




-Other (Adhesive Sealant, Textile)

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Exploring the Geographical Landscape of the Global Green Solvent Industry

Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:

-North America

-South America


-The Middle East & Africa


Do You Know Who are the Leading Companies in the Global Green Solvent Market?  

Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Green Solvent Market companies:


-Stepan Company



-Lyondell Basell

-Cargill Incorporated

-Florachem Corporation.

-Total Corbion PLA


-Vertical Biosolvent.

-GF Biochemicals




-Check for other companies (LyondellBasell, Dow, Gevo, etc.)


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Key Questions Addressed in the Global Green Solvent Market Research Report:

  • What is the estimated size, share, and CAGR of the Global Green Solvent Market in the forecast period?
  • What are the key trends projected to impact the Global Green Solvent Market during 2023-2028?
  • What are the different segments & sub-segments considered in the Global Green Solvent Market research study?
  • Who are the key stakeholders and players participating in the Global Green Solvent Market?
  • What are the major aspects creating opportunistic arena for the Global Green Solvent Market?
  • What would be the demand for different types of products/services in the Global Green Solvent Market through 2028?
  • What all factors would create challenge for the Global Green Solvent Industry growth?

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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