MarkNtel Advisors, a leading research and consulting firm, has announced the release of its latest study titled Green Solvents Market Research Report: Forecast (2026–2032). This report provides a detailed assessment of the Green Solvents Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Timeline Overview
- Historical Years: 2021–24
- Base Year: 2025
- Forecast Years: 2026–32
This helps businesses identify emerging opportunities, assess risks, and develop data-driven strategies for long-term success.
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Green Solvents Market Outlook
The Global Green Solvents Market size was valued at around USD 4.95 Billion in 2025 and is projected to reach 7.51Billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 7.19% during the forecast period, i.e., 2026-32. The environment-friendly operations offered by green solvents are the main reasons behind their high use in various industries such as in making paints, coatings, adhesives, inks, cosmetics, and many others, that are shifting to eco-friendly operations. This also helps companies to meet the norms defined by the governmental firms. As a result, their demand has increased over the past years and the market has experienced significant growth.
Green Solvents Market Drivers:
Increasing Shift of Various Industries Towards Sustainable Operations – Various industries are getting inclined towards making their operations environment-friendly. These efforts are done to meet the emission goals set by the governments of various countries. Also, this helps in reducing the wastage of raw materials and hence the production cost. As a result, they use green solvents in their products which helps them address the same. For instance, Nippon Paint, a paint supplier company has introduced the Green Choice series, which is made using green solvents and ensures a toxic-free environment at home. This shows the high demand for green solvents which is growing demand from numerous such companies. Therefore, the use of such crop-based solvents has helped various companies reduce their environmental impact and also their expenses, thus increasing their demand, and this trend is expected to continue in the future years as well.
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Green Solvents Market Trends:
Use of Green Solvents in Agricultural Activities Gaining Traction – The use of green solvents in agriculture activities to reduce toxicity & enhance the production of crops through eco-friendly measures has gained popularity in recent years. This is done to eliminate the harmful effects of chemical fertilizers on both crops and land. As a result, the demand for such green solvents increases which further inclines various manufacturers to address this demand. For instance, Stepan Agricultural Solutions offers a range of green solvents that have lower volatile organic compounds, higher flash points, and lower health hazards compared to traditional petroleum-based solvents. Moreover, crops grown by such methods attract a lot of health-conscious consumers thus increasing their demand. Therefore, green solvents help the agriculture industry in improving crop and land quality due to which they have gained popularity, and this trend is expected to remain in the future as well.
Green Solvents Market Segmentation
The study categorizes the Green Solvents Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Type
- Bio-alcohol- Market Size & Forecast 2022-2032, USD Million
- Bio-ethanol- Market Size & Forecast 2022-2032, USD Million
- Bio-methanol- Market Size & Forecast 2022-2032, USD Million
- Bio-propanol- Market Size & Forecast 2022-2032, USD Million
- Bio-butanol- Market Size & Forecast 2022-2032, USD Million
- Bio-glycols- Market Size & Forecast 2022-2032, USD Million
- Bio-based Propylene Glycol- Market Size & Forecast 2022-2032, USD Million
- Bio-based Ethylene Glycol- Market Size & Forecast 2022-2032, USD Million
- Bio-diols- Market Size & Forecast 2022-2032, USD Million
- Ethyl Lactate- Market Size & Forecast 2022-2032, USD Million
- D-lime Stone- Market Size & Forecast 2022-2032, USD Million
- Methyl Soyate- Market Size & Forecast 2022-2032, USD Million
- Others- Market Size & Forecast 2022-2032, USD Million
By Application
- Paint & Coatings - Market Size & Forecast 2022-2032, USD Million
- Industrial & Domestic Cleaning- Market Size & Forecast 2022-2032, USD Million
- Printing Inks- Market Size & Forecast 2022-2032, USD Million
- Cosmetic- Market Size & Forecast 2022-2032, USD Million
- Pharmaceutical- Market Size & Forecast 2022-2032, USD Million
- Agriculture- Market Size & Forecast 2022-2032, USD Million
- Others (Adhesive, Sealant, Textile, etc.)- Market Size & Forecast 2022-2032, USD Million
Geographical Analysis
The report presents detailed insights into the ’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Companies in Green Solvents Market Worldwide: Players, Analysis & Future Outlook
- BASF SE
- Stepan Company
- DuPont
- AkzoNobel
- Lyondell Basell
- Cargill Incorporated
- Florachem Corporation
- Total Corbion PLA
- Solvay
- Vertec BioSolvents
- GF Biochemicals
- Astrobio
- BIOMCN
- Galactic
- Dow
Key Highlights of the Report
- Comprehensive Overview: In-depth analysis of size, share, and forecasts from 2026 to 2032.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
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Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Green Solvents Market?
2. What are the major factors driving this ’s growth?
3. Which regions are expected to lead the Green Solvents Market?
4. Who are the prominent players in the Green Solvents Market?
5. How is the competition structured in this ?
6. How can I access the full report?
About Us
MarkNtel Advisors is a premier market research and consulting firm specializing in the chemical industry, with expertise across specialty chemicals, petrochemicals, industrial chemicals, and chemical processing technologies. Our research solutions guide manufacturers, suppliers, and investors in tracking innovation, pricing trends, and sustainability initiatives. Through Custom Market Analysis, we deliver precise, business-specific intelligence, helping clients optimize production efficiency, manage volatility, and capture new opportunities within the global chemicals ecosystem.
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