PORTLAND – Big Market Research has added a new report covering the global green/biobased solvents market. The report, titled World Green/Bio-Based Solvents Market - Opportunities and Forecast, 2014-2020, offers in-depth industry insights with short- and mid-term impact analysis of key drivers, restraining factors and growth opportunities of the market. It provides an industry overview that evaluates key investment factors in applications and geographies. According to the report, the green/biobased solvents market volume is expected to reach 3,321 kilo tons by the end of 2020, registering a compound annual growth rate (CAGR) of 4.3 percent for the 2015 to 2020 period.
Green solvents are biobased solvents derived from different agricultural sources, which include corn, sugarcane, lactic acid, refined glycerin, bio succinic acid and vegetable oils, among others.