New York, According to a new market research report from Global Insight Services “Eco-friendly bio-based solvents market” is expected to reach XX billion USD by 2031. The report provides detailed segmentation and market size data by category, product type, application and region. The report also includes a comprehensive analysis of the key issues, trends and drivers, restraints and challenges, the competitive landscape, as well as recent events like M&A activity in the market.

Green-Bio based solvents are solvents that are made from renewable raw materials and have less impact on the environment than traditional solvents. These solvents are typically made from plant materials such as corn or soybeans. Green bio-based solvents can be used in a variety of applications including cleaning, degreasing and paint stripping. They are also used as ingredients in some cosmetics and personal care products.

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key trends

There are four key trends in green bio-based solvent technology:

1. The use of renewable raw materials: Green bio-based solvents are made from renewable raw materials such as vegetable oils and sugars. This reduces dependence on fossil fuels and helps reduce greenhouse gas emissions.

2. The use of waste materials: Green bio-based solvents can be produced from waste materials such as used cooking oil. This reduces the amount of waste going to landfill and helps reduce pollution.

3. The use of green chemistry: Green bio-based solvents are manufactured using green chemistry principles. This means they are less polluting and more sustainable.

4. Utilizing Advanced Technologies: Green bio-based solvents are produced using advanced technologies such as supercritical fluid extraction. This makes them more efficient and reduces the amount of waste.

key driver

The major drivers of the Green-Bio-based Solvents market are the strict…