Global Green & Bio-solvents Market Size Study & Forecast, by Type and Application, and Regional Forecasts 2025-2035

Description

The Global Green & Bio-solvents Market is valued at approximately USD 1.34 billion in 2024 and is expected to grow with a compound annual growth rate (CAGR) of 5.60% during the forecast period from 2025 to 2035. Green & bio-solvents have emerged as the pivotal solution to the rising environmental concerns associated with conventional petroleum-based solvents. These eco-friendly alternatives-sourced from renewable feedstocks-are redefining industry standards across coatings, cleaning, pharmaceuticals, and adhesives. Their low toxicity, reduced volatile organic compound (VOC) emissions, and biodegradability make them highly attractive in a world transitioning toward greener manufacturing. This growth is propelled further by tightening environmental regulations and surging consumer awareness around sustainability.

Riding on the back of this momentum is the surge in demand from end-use sectors such as paints & coatings, printing inks, and household cleaners. As regulations like REACH in Europe and EPA directives in the U.S. crack down on traditional solvent emissions, companies are being compelled to reformulate their products with safer and sustainable alternatives-enter bioalcohols, lactate esters, and bioglycols. Additionally, technological advancements in green chemistry and fermentation pathways have made the large-scale commercial production of bio-solvents economically viable, pushing adoption into the mainstream. These developments are creating a ripple effect across value chains, compelling raw material suppliers, manufacturers, and brand owners to rethink their ecological footprint.

Regionally, North America is poised to maintain a commanding share of the global market in 2025, owing to robust investments in green technology, mature industrial sectors, and a stringent regulatory framework favoring low-VOC products. Europe trails closely, driven by its aggressive decarbonization goals and pioneering role in sustainable chemicals innovation. However, the Asia Pacific region is projected to expand at the fastest pace throughout the forecast period. Countries such as China, India, and Japan are witnessing accelerated growth in manufacturing and industrial cleaning, where green & bio-solvents are replacing their petroleum-based counterparts. Moreover, supportive government initiatives, increased R&D spending, and rapid urbanization across APAC are expected to amplify demand significantly.

Major market player included in this report are:

BASF SE
Halliburton Company
Croda International Plc.
Impact Fluid Solutions
M&D Industries of Louisiana, Inc.
Baker Hughes Company
Schlumberger Limited
Chevron Phillips Chemical Company
Aubin Group
Trican Well Service Ltd.
Huntsman Corporation
Akzo Nobel N.V.
Dow Chemical Company
Solvay S.A.
LyondellBasell Industries N.V.

Global Green & Bio-solvents Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Type:

Bioalcohols
Bio-Diols
Bioglycols
Lactate Esters

By Application:

Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Printing Inks
Pharmaceuticals

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Green & Bio-solvents Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Green & Bio-solvents Market Forces Analysis

3.1. Market Forces Shaping the Global Green & Bio-solvents Market (2024-2035)
3.2. Drivers
- 3.2.1. Rising demand for eco-friendly and low-VOC solvents in industrial applications
- 3.2.2. Stringent environmental regulations promoting sustainable chemical usage
3.3. Restraints
- 3.3.1. High production costs compared to conventional solvents
- 3.3.2. Performance limitations in certain heavy-duty applications
3.4. Opportunities
- 3.4.1. Technological advancements in bio-refining and fermentation
- 3.4.2. Rapid growth of green solvents in Asia-Pacific due to industrial expansion

Chapter 4. Global Green & Bio-solvents Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Green & Bio-solvents Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global Green & Bio-solvents Market Performance - Potential Analysis (2025)
5.3. Bioalcohols
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Bio-Diols
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Bioglycols
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035
5.6. Lactate Esters
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Green & Bio-solvents Market Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global Green & Bio-solvents Market Performance - Potential Analysis (2025)
6.3. Industrial & Domestic Cleaners
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. Paints & Coatings
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market Size Analysis, by Region, 2025-2035
6.5. Adhesives
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market Size Analysis, by Region, 2025-2035
6.6. Printing Inks
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market Size Analysis, by Region, 2025-2035
6.7. Pharmaceuticals
- 6.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.7.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Green & Bio-solvents Market Size & Forecasts by Region 2025-2035

7.1. Global Green & Bio-solvents Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Green & Bio-solvents Market
- 7.3.1. U.S.
  - 7.3.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.3.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.3.2. Canada
  - 7.3.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.3.2.2. Application Breakdown Size & Forecasts, 2025-2035
7.4. Europe Green & Bio-solvents Market
- 7.4.1. UK
  - 7.4.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.2. Germany
  - 7.4.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.3. France
  - 7.4.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.4. Spain
  - 7.4.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.4.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.5. Italy
  - 7.4.5.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.5.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.6. Rest of Europe
  - 7.4.6.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.6.2. Application Breakdown Size & Forecasts, 2025-2035
7.5. Asia Pacific Green & Bio-solvents Market
- 7.5.1. China
  - 7.5.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.2. India
  - 7.5.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.3. Japan
  - 7.5.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.4. Australia
  - 7.5.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.4.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.5. South Korea
  - 7.5.5.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.5.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.6. Rest of APAC
  - 7.5.6.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.6.2. Application Breakdown Size & Forecasts, 2025-2035
7.6. Latin America Green & Bio-solvents Market
- 7.6.1. Brazil
  - 7.6.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.6.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.6.2. Mexico
  - 7.6.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.6.2.2. Application Breakdown Size & Forecasts, 2025-2035
7.7. Middle East and Africa Green & Bio-solvents Market
- 7.7.1. UAE
  - 7.7.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.2. Saudi Arabia
  - 7.7.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.3. South Africa
  - 7.7.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.4. Rest of Middle East & Africa
  - 7.7.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.4.2. Application Breakdown Size & Forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. BASF SE
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Halliburton Company
8.4. Croda International Plc.
8.5. Impact Fluid Solutions
8.6. M&D Industries of Louisiana, Inc.
8.7. Baker Hughes Company
8.8. Schlumberger Limited
8.9. Chevron Phillips Chemical Company
8.10. Aubin Group
8.11. Trican Well Service Ltd.
8.12. Huntsman Corporation
8.13. Akzo Nobel N.V.
8.14. Dow Chemical Company
8.15. Solvay S.A.
8.16. LyondellBasell Industries N.V.