Global Green & Bio Solvents Market to Gain Traction through 2018, Expects MRFR in Its Topical Report Available at MarketPublishers.com12 Jan 2017 • by Natalie Aster
LONDON – At present, the world’s market for green and bio solvents is gaining traction. Under normal conditions, the value of this market is predicted to register an 8.5% CAGR in the short run and will likely exceed USD 6.5 billion by the year 2018. Whereas in an optimistic condition, the value of the green and bio solvents market could grow at a 12.2% CAGR and touch USD 7.7 billion.
The lactate esters sector is expected to see the highest CAGR (of over 17%) in the year to come, with a great potential to replace many conventional solvents.
Today, North America is the top regional market for bio and green solvents. The US is the major contributor to the regional market growth.
Meantime, the APAC market is set to register positive growth in the upcoming years with the highest potential in Japan, China, India and Thailand. China is the top consumer of bio and green solvents worldwide.
Insightful research report “Green Solvents & Bio Solvents Market – Global Trends & Forecasts to 2018” elaborated by Market Research Future (MRFR) offers a detailed guide to the world’s market for bio and green solvents. This topical study contains a detailed analysis of the key market segments with updated statistics on the market performance, covers key existing technologies, reviews the situation across the major geographies, explores the major factors responsible for the market growth and identifies possible opportunities and challenges. It discusses prevailing trends, offers details on the competitive pressures and top players. In addition, this study comprises valuable forecasts for the bio and green solvents market performance through 2018.
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