Description
The Market Report on Biobased Solvents is now also available in parts (e.g. individual country profiles or all manufacturer profiles). Please feel free to contact us and we will immediately send you an offer for your specific selection.
Water is the best solvent, but it can’t do everything. Whether it’s liquefying acrylic paints, removing nail polish or even removing asphalt residue, strong chemicals are often needed. Increasingly, industrial solvents are no longer made only from coal, crude oil or natural gas, but from renewable raw materials. To reduce the ecological footprint, biogenic components are also increasingly being added to conventional petrochemical solvents. Ceresana’s new market report “Biobased Solvents” forecasts that the production volume of biosolvents will increase significantly: Analysts expect annual growth of 3.4% worldwide, and more than 5% in Asia. Sales generated with biosolvents are expected to rise to around USD 8.9 billion worldwide by 2032.
Biomass Utilization Possibilities
Solvents are used in many industries: The main consumers are manufacturers of paints and coatings, producers of printing inks, cleaning agents, and pharmaceutical, care and cosmetic products. In addition, solvents are also needed for adhesives, chemical manufacturing processes, cooling circuits, degreasing agents, cleaning and de-icing agents. The food industry uses solvents for decaffeinating coffee, for example. In 2022, the three sales markets of paints and coatings, cosmetics and cleaning agents accounted for around two-thirds of global sales of biobased solvents. Alpha-pinene, a terpene derived from essential oils of conifers and a byproduct of the paper manufacturing process, is used as a solvent for household cleaners, perfumes and the extraction of food additives, for example. The coatings industry can use D-limonene as a solvent, which is obtained from orange peels, a waste product from the production of orange juice. Ethyl acetate, one of the most important solvents for plastics and adhesives, can be produced from whey, a waste product generated during milk processing.
Healthy Growth for Bioalcohols
Some petrochemical solvents are highly toxic. Volatile organic compounds (VOCs) are especially problematic. In contrast, sustainable solvents from biomass, while often more expensive, are ideally harmless and biodegradable. Biogenic raw materials for solvents primarily include lignocellulose, starch and sucrose, but also terpenes, vegetable oils and animal fats. Natural oils, acids and complex sugars are converted into alcohols, esters, ethers and other solvents mainly through biotechnological fermentation. Alcohols are by far the most commonly used type of solvent. Ceresana expects the largest revenue growth from biobutanol as well as dihydric and trihydric alcohols. Diols, which can be derived from fructose or cellulose, include ethylene glycol, for example. One triol that can be produced from waste cooking oil or other natural fats, and is produced in large quantities in the production of biodiesel, is glycerol – a feedstock for various biosolvents. Another promising platform chemical is furfural, derived, for example, from biomass residues such as corn stover or sugarcane bagasse.
The latest Ceresana market study “Biobased Solvents”:
Chapter 1 of the new study provides a comprehensive analysis of the global market for biobased solvents – including forecasts up to 2032: the development of consumption (in tonnes) and revenues (in USD and EUR) is detailed for the regions of Western and Eastern Europe, North and South America, Asia-Pacific, the Middle East and Africa. The consumption of and revenues generated with biosolvents are further broken down by application area.
Revenues are reported for the following product types:
- Ethanol
- Butanol
- Diols & triols
- D-limonene
- Fatty acid methyl esters (FAME)
- Ethyl acetate
- Other solvents
In Chapter 2, the 16 countries with the most important market shares for solvents are considered individually: Germany, France, the United Kingdom, Italy, Spain, Poland, Russia, Turkey, Canada, Mexico, the USA, Brazil, China, Japan, India, and South Korea. In each case, the demand for and revenues from biosolvents are detailed.
Moreover, the consumption is broken down for these applications:
- Paints and coatings
- Personal care & cosmetics
- Printing inks
- Cleaning agents
- Pharmaceuticals
- Adhesives
- Other applications
Chapter 3 provides useful company profiles of the most important manufacturers of biobased solvents, clearly arranged by contact details, revenues, profit, product range, production sites and brief profile. Detailed profiles are provided by 37 manufacturers, e.g. Archer-Daniels-Midland Company, Corbion NV, Godavari Biorefineries Limited, Nxtlevvel Biochem BV, Shenzhen Esun Industrial Co., Ltd, and Solvay S.A.
Scope of the Report:
Attributes | Details |
Base Year | 2022 |
Trend Period | 2020 – 2032 |
Forecast Period | 2023 – 2032 |
Pages | 180 |
Product Types | Ethanol, Butanol, Diols & triols, D-limonene, Fatty acid methyl esters (FAME), Ethyl acetate, and Other solvents |
Application Areas | Paints and coatings, Personal care & cosmetics,Printing inks, Cleaning agents, Pharmaceuticals, Adhesives, and Other applications |
Company Profiles | Archer-Daniels-Midland Company, Corbion NV, Godavari Biorefineries Limited, Nxtlevvel Biochem BV, Shenzhen Esun Industrial Co., Ltd, and Solvay S.A. (Selection) |
Edition | 1st edition |
Publication | September 2023 |
1 Market Data: World and Regions
1.1 World
1.1.1 Basics
1.1.1.1 Alcohols
1.1.1.2 Esters and Ethers
1.1.1.3 Salt-based solvents
1.1.1.4 “Green” petrochemical solvents
1.1.2 Demand
1.1.3 Revenues
1.1.4 Demand and Revenues Split by Application Area
1.1.4.1 Paints & Coatings
1.1.4.2 Personal Care & Cosmetics
1.1.4.3 Printing Inks
1.1.4.4 Cleaning Agents
1.1.4.5 Pharmaceuticals
1.1.4.6 Adhesives
1.1.4.7 Other Applications
1.1.5 Revenues Split by Products
1.1.5.1 Ethanol
1.1.5.2 Butanol
1.1.5.3 Diols & Triols
1.1.5.4 D-Limonene
1.1.5.5 Fatty Acid Methyl Ester
1.1.5.6 Ethyl Acetate
1.1.5.7 Other Solvents
1.2 Western Europe
1.2.1 Demand
1.2.2 Revenues
1.2.3 Applications and Products
1.3 Eastern Europe
1.3.1 Demand
1.3.2 Revenues
1.3.3 Applications and Products
1.4 North America
1.4.1 Demand
1.4.2 Revenues
1.4.3 Applications and Products
1.5 South America
1.5.1 Demand
1.5.2 Revenues
1.5.3 Applications and Products
1.6 Asia-Pacific
1.6.1 Demand
1.6.2 Revenues
1.6.3 Applications and Products
1.7 Middle East
1.7.1 Demand
1.7.2 Revenues
1.7.3 Applications and Products
1.8 Africa
1.8.1 Demand
1.8.2 Revenues
1.8.3 Applications and Products
2 Market Data: Countries
2.1 Western Europe
2.1.1 France
2.1.2 Germany
2.1.3 Italy
2.1.4 Spain
2.1.5 United Kingdom
2.1.6 Other Western Europe
2.2 Eastern Europe
2.2.1 Poland
2.2.2 Russia
2.2.3 Turkey
2.2.4 Other Eastern Europe
2.3 North America
2.3.1 Canada
2.3.2 Mexico
2.3.3 USA
2.4 South America
2.4.1 Brazil
2.4.2 Other South America
2.5 Asia-Pacific
2.5.1 China
2.5.2 India
2.5.3 Japan
2.5.4 South Korea
2.5.5 Other Asia-Pacific
3 Company Profiles*
3.1 Western Europe
Belgium (1 Producers)
Denmark (1)
France (1)
Germany (3)
Italy (2)
Norway (1)
The Netherlands (4)
United Kingdom (1)
3.2 Eastern Europe
Hungary (1)
3.3 North America
USA (12)
3.4 South America
Brazil (1)
3.5 Asia-Pacific
China (5)
Hong Kong (1)
India (1)
Malaysia (1)
Thailand (1)
*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.
Graph 1: Global demand from 2020 to 2032
Graph 2: Global demand from 2020 to 2032 – split by region
Graph 3: Global revenues from 2020 to 2032 in billion USD and billion EUR
Graph 4: Global revenues from 2020 to 2032 in billion USD – split by region
Graph 5: Global revenues from 2020 to 2032 in billion EUR – split by region
Graph 6: Global demand from 2020 to 2032 – split by application
Graph 7: Global demand for plasticizers in the application area paints and coatings from 2020 to 2032 – split by region
Graph 8: Global demand in the application area personal care and cosmetics from 2020 to 2032 – split by region
Graph 9: Global demand in the application area printing inks from 2020 to 2032 – split by region
Graph 10: Global demand for plasticizers in the application area cleaning agents from 2020 to 2032 – split by region
Graph 11: Global demand in the application area pharmaceuticals from 2020 to 2032 – split by region
Graph 12: Global demand in the application area adhesives from 2020 to 2032 – split by region
Graph 13: Global demand in other applications from 2020 to 2032 – split by region
Graph 14: Global revenues from 2020 to 2032 – split by product
Graph 15: Demand in Western Europe from 2020 to 2032
Graph 16: Revenues generated in Western Europe from 2020 to 2032 in billion USD and billion EUR
Graph 17: Demand in Western Europe from 2020 to 2032 – split by application
Graph 18: Demand in Eastern Europe from 2020 to 2032
Graph 19: Revenues in Eastern Europe from 2020 to 2032 in billion USD and billion EUR
Graph 20: Demand in Eastern Europe from 2020 to 2032 – split by application
Graph 21: Demand in North America from 2020 to 2032
Graph 22: Revenues generated in North America from 2020 to 2032 in billion USD and billion EUR
Graph 23: Demand in North America from 2020 to 2032 – split by application
Graph 24: Demand in South America from 2020 to 2032
Graph 25: Revenues in South America from 2020 to 2032 in billion USD and billion EUR
Graph 26: Demand in South America from 2020 to 2032 – split by application
Graph 27: Demand in Asia-Pacific from 2020 to 2032
Graph 28: Revenues generated in Asia-Pacific from 2020 to 2032 in billion USD and billion EUR
Graph 29: Demand in Asia-Pacific from 2020 to 2032 – split by application
Graph 30: Demand in the Middle East from 2020 to 2032
Graph 31: Revenues in the Middle East from 2020 to 2032 in billion USD and billion EUR
Graph 32: Demand in the Middle East from 2020 to 2032 – split by application
Graph 33: Demand in Africa from 2020 to 2032
Graph 34: Revenues in Africa from 2020 to 2032 in billion USD and billion EUR
Graph 35: Demand in Africa from 2020 to 2032 – split by application
Graph 36: Demand in France from 2020 to 2032
Graph 37: Demand in Germany from 2020 to 2032
Graph 38: Demand in Italy from 2020 to 2032
Graph 39: Demand in Spain from 2020 to 2032
Graph 40: Demand in the United Kingdom from 2020 to 2032
Graph 41: Demand in the remaining countries of Western Europe from 2020 to 2032
Graph 42: Demand in Poland from 2020 to 2032
Graph 43: Demand in Russia from 2020 to 2032
Graph 44: Demand in Turkey from 2020 to 2032
Graph 45: Demand in the remaining countries of Eastern Europe from 2020 to 2032
Graph 46: Demand in Canada from 2020 to 2032
Graph 47: Demand in Mexico from 2020 to 2032
Graph 48: Demand in the USA from 2020 to 2032
Graph 49: Demand in Brazil from 2020 to 2032
Graph 50: Demand in the remaining countries of South America from 2020 to 2032
Graph 51: Demand in China from 2020 to 2032
Graph 52: Demand in India from 2020 to 2032
Graph 53: Demand in Japan from 2020 to 2032
Graph 54: Demand in South Korea from 2020 to 2032
Graph 55: Demand in the remaining countries of Asia-Pacific from 2020 to 2032
Table 1: Global demand from 2020 to 2032 – split by region
Table 2: Global revenues from 2020 to 2032 in million USD – split by region
Table 3: Global revenues from 2020 to 2032 in million EUR – split by region
Table 4: Global demand from 2020 to 2032 – split by application
Table 5: Global revenues from 2020 to 2032 – split by application
Table 6: Global demand for plasticizers in the application area paints and coatings from 2020 to 2032 – split by region
Table 7: Global revenues generated in the application area paints and coatings from 2020 to 2032 – split by region
Table 8: Global demand in the application area personal care and cosmetics from 2020 to 2032 – split by region
Table 9: Global revenues generated in the application area personal care and cosmetics from 2020 to 2032 – split by region
Table 10: Global demand in the application area printing inks from 2020 to 2032 – split by region
Table 11: Global revenues generated in the application area printing inks from 2020 to 2032 – split by region
Table 12: Global demand for plasticizers in the application area cleaning agents from 2020 to 2032 – split by region
Table 13: Global revenues generated in the segment cleaning agents from 2020 to 2032 in million USD – split by region
Table 14: Global demand in the application area pharmaceuticals from 2020 to 2032 – split by region
Table 15: Global revenues generated in the application area pharmaceuticals from 2020 to 2032 – split by region
Table 16: Global demand in the application area adhesives from 2020 to 2032 – split by region
Table 17: Global revenues generated in the application area adhesives from 2020 to 2032 – split by region
Table 18: Global demand in other applications from 2020 to 2032 – split by region
Table 19: Global revenues generated in other applications from 2020 to 2032 – split by region
Table 20: Global revenues from 2020 to 2032 – split by product
Table 21: Global revenues generated with ethanol from 2020 to 2032 – split by region
Table 22: Global revenues generated with butanol from 2020 to 2032 – split by region
Table 23: Global revenues generated with diols & triols from 2020 to 2032 – split by region
Table 24: Global revenues generated with D-limonene from 2020 to 2032 in million USD – split by region
Table 25: Global revenues generated with fatty acid methyl ester from 2020 to 2032 – split by region
Table 26: Global revenues generated with ethyl acetate from 2020 to 2032 – split by region
Table 27: Global revenues generated with other solvents from 2020 to 2032 – split by region
Table 28: Demand in Western Europe from 2020 to 2032 – split by major country
Table 29: Revenues generated in Western Europe from 2020 to 2032 in million USD and million EUR
Table 30: Demand in Western Europe from 2020 to 2032 – split by application
Table 31: Revenues generated in Western Europe from 2020 to 2032 – split by product
Table 32: Revenues generated in Western Europe from 2020 to 2032 – split by application
Table 33: Demand in Eastern Europe from 2020 to 2032 – split by major country
Table 34: Revenues in Eastern Europe from 2020 to 2032 in million USD and million EUR
Table 35: Demand in Eastern Europe from 2020 to 2032 – split by application
Table 36: Revenues generated in Eastern Europe from 2020 to 2032 – split by product
Table 37: Revenues in Eastern Europe from 2020 to 2032 – split by application
Table 38: Demand in North America from 2020 to 2032 – split by major country
Table 39: Revenues generated in North America from 2020 to 2032 in million USD and million EUR
Table 40: Demand in North America from 2020 to 2032 – split by application
Table 41: Revenues generated in North America from 2020 to 2032 – split by product
Table 42: Revenues generated in North America from 2020 to 2032 – split by application
Table 43: Demand in South America from 2020 to 2032 – split by major country
Table 44: Revenues in South America from 2020 to 2032 in million USD and million EUR
Table 45: Demand in South America from 2020 to 2032 – split by application
Table 46: Revenues generated in South America from 2020 to 2032 – split by product
Table 47: Revenues generated in South America from 2020 to 2032 – split by application
Table 48: Demand in Asia-Pacific from 2020 to 2032 – split by major country
Table 49: Revenues generated in Asia-Pacific from 2020 to 2032 in million USD and million EUR
Table 50: Demand in Asia-Pacific from 2020 to 2032 – split by application
Table 51: Revenues generated in Asia-Pacific from 2020 to 2032 – split by product
Table 52: Revenues generated in Asia-Pacific from 2020 to 2032 – split by application
Table 53: Revenues in the Middle East from 2020 to 2032 in million USD and million EUR
Table 54: Demand in the Middle East from 2020 to 2032 – split by application
Table 55: Revenues generated in the Middle East from 2020 to 2032 – split by product
Table 56: Revenues generated in the Middle East from 2020 to 2032 – split by application
Table 57: Revenues in Africa from 2020 to 2032 in million USD and million EUR
Table 58: Demand in Africa from 2020 to 2032 – split by application
Table 59: Revenues generated in Africa from 2020 to 2032 – split by product
Table 60: Revenues generated in Africa from 2020 to 2032 – split by application
Table 61: Revenues generated in France from 2020 to 2032 in million USD and million EUR
Table 62: Demand in France from 2020 to 2032 – split by application
Table 63: Revenues generated in France from 2020 to 2032 – split by application
Table 64: Revenues in Germany from 2020 to 2032 in million USD and million EUR
Table 65: Demand in Germany from 2020 to 2032 – split by application
Table 66: Revenues generated in Germany from 2020 to 2032 – split by application
Table 67: Revenues generated in Italy from 2020 to 2032 in million USD and million EUR
Table 68: Demand in Italy from 2020 to 2032 – split by application
Table 69: Revenues generated in Italy from 2020 to 2032 – split by application
Table 70: Revenues in Spain from 2020 to 2032 in million USD and million EUR
Table 71: Demand in Spain from 2020 to 2032 – split by application
Table 72: Revenues generated in Spain from 2020 to 2032 – split by application
Table 73: Revenues in the United Kingdom from 2020 to 2032 in million USD and million EUR
Table 74: Demand in the United Kingdom from 2020 to 2032 – split by application
Table 75: Revenues generated in the United Kingdom from 2020 to 2032 – split by application
Table 76: Revenues generated in the remaining countries of Western Europe from 2020 to 2032 in million USD and million EUR
Table 77: Demand in the remaining countries of Western Europe from 2020 to 2032 – split by application
Table 78: Revenues generated in the remaining countries of Western Europe from 2020 to 2032 – split by application
Table 79: Revenues generated in Poland from 2020 to 2032 in million USD and million EUR
Table 80: Demand in Poland from 2020 to 2032 – split by application
Table 81: Revenues generated in Poland from 2020 to 2032 – split by application
Table 82: Revenues generated in Russia from 2020 to 2032 in million USD and million EUR
Table 83: Demand in Russia from 2020 to 2032 – split by application
Table 84: Revenues generated in Russia from 2020 to 2032 – split by application
Table 85: Revenues generated in Turkey from 2020 to 2032 in million USD and million EUR
Table 86: Demand in Turkey from 2020 to 2032 – split by application
Table 87: Revenues generated in Turkey from 2020 to 2032 – split by application
Table 88: Revenues in the remaining countries of Eastern Europe from 2020 to 2032 in billion USD and billion EUR
Table 89: Demand in the remaining countries of Eastern Europe from 2020 to 2032 – split by application
Table 90: Revenues generated in the remaining countries of Eastern Europe from 2020 to 2032 – split by application
Table 91: Revenues in Canada from 2020 to 2032 in million USD and million EUR
Table 92: Demand in Canada from 2020 to 2032 – split by application
Table 93: Revenues generated in Canada from 2020 to 2032 – split by application
Table 94: Revenues in Mexico from 2020 to 2032 in million USD and million EUR
Table 95: Demand in Mexico from 2020 to 2032 – split by application
Table 96: Revenues generated in Mexico from 2020 to 2032 – split by application
Table 97: Revenues generated in the USA from 2020 to 2032 in million USD and million EUR
Table 98: Demand in the USA from 2020 to 2032 – split by application
Table 99: Revenues generated in the USA from 2020 to 2032 – split by application
Table 100: Revenues generated in Brazil from 2020 to 2032 in million USD and million EUR
Table 101: Demand in Brazil from 2020 to 2032 – split by application
Table 102: Revenues generated in Brazil from 2020 to 2032 – split by application
Table 103: Revenues in Other South America from 2020 to 2032 in million USD and million EUR
Table 104: Demand in the remaining countries of South America from 2020 to 2032 – split by application
Table 105: Revenues generated in the remaining countries of South America from 2020 to 2032 – split by application
Table 106: Revenues generated in China from 2020 to 2032 in million USD and million EUR
Table 107: Demand in China from 2020 to 2032 – split by application
Table 108: Revenues generated in China from 2020 to 2032 – split by application
Table 109: Revenues generated in India from 2020 to 2032 in million USD and million EUR
Table 110: Demand in India from 2020 to 2032 – split by application
Table 111: Revenues generated in India from 2020 to 2032 – split by application
Table 112: Revenues in Japan from 2020 to 2032 in million USD and million EUR
Table 113: Demand in Japan from 2020 to 2032 – split by application
Table 114: Revenues generated in Japan from 2020 to 2032 – split by application
Table 115: Revenues generated in South Korea from 2020 to 2032 in million USD and million EUR
Table 116: Demand in South Korea from 2020 to 2032 – split by application
Table 117: Revenues generated in South Korea from 2020 to 2032 – split by application
Table 118: Revenues in the remaining countries of Asia-Pacific from 2020 to 2032 in million USD and million EUR
Table 119: Demand in the remaining countries of Asia-Pacific from 2020 to 2032 – split by application
Table 120: Revenues generated in the remaining countries of Asia-Pacific from 2020 to 2032 – split by application
