市場調查報告書
商品編碼
1386022
全球綠色和生物溶劑市場評估:按原材料、形式、類型、應用、區域、機會和預測(2016-2030)Green & Bio-based Solvents Market Assessment, By Source, By Form, By Type, By Application, By Region, Opportunities, and Forecast, 2016-2030F |
全球綠色溶劑/生物溶劑市場規模將從 2022 年的 22.1 億美元增至 2030 年的 39.1 億美元,預計 2023-2030 年期間複合年增長率為 7.4%。 政府減少碳排放的措施不斷增加,以及對耐用油漆和塗料的需求增加,正在推動市場成長。
工業部門碳足跡的增加、國家層面永續發展目標的提高以及化石燃料材料的減少是全球採用脫碳規範的主要推動力。這是一種趨勢。 此外,油漆和塗料行業的成長歸因於翻新率提高、住宅建設活動增加以及最近油漆和塗料生產設施的擴張等因素。 因此,越來越多地採用碳中和標準以及油漆和塗料行業的進步是推動對保證良好生物降解性的綠色和生物溶劑需求的主要因素。 因此,對綠色和生物溶劑的需求迅速增長正在推動市場成長。
綠色溶劑/生物溶劑由永續材料組成,包括廢棄物和農作物。 製造綠色和生物溶劑可以減少工人接觸有毒化學物質的機會。 因此,綠色和生物溶劑是化石燃料溶劑的理想替代品。 由於已開發經濟體政府監管力道加大和全球暖化等因素,全球脫碳標準正在提高。
在油漆和塗料行業,綠色和生物溶劑可確保提高性能、最小化環境影響和成本效率。 對建築油漆和塗料的需求不斷增加、世界各地體育賽事導致的建築活動增加以及消費者信心的增強正在刺激油漆和塗料市場的成長。
北美地區的工業成長是由油漆和塗料、建築、化妝品和個人護理以及清潔產品等行業推動的。 COVID-19大流行的到來、美國和加拿大房屋改造率的增加以及化妝品消費者支出的增加是推動北美工業成長的主要變數。
最近為擴大生物乙二醇生產而進行的企業級基礎設施投資預計將為綠色和生物溶劑市場提供有利的成長機會。 例如,截至2023年10月,UPM在德國洛伊納的生物精煉廠正在興建中。 到 2024 年,該生物精煉廠將生產基於生物乙二醇和木質素的可再生功能填料。
為了實現生物乙醇的商業化生產,化學品製造商之間的策略聯盟正在不斷增加。 例如,2023年8月,Sumitomo Corporation子公司Sumitomo Corporation of Americas宣布與美國清潔能源諮詢和金融機構Allotrope Partners、生物乙醇技術供應商Axens North America等合作。達成商業生產策略聯盟。 因此,加強各公司在生物乙醇生產方面的策略合作夥伴關係將增加綠色溶劑/生物溶劑產品的商業可用性,並為市場成長創造利潤豐厚的可能性。
近年來,農業生產快速成長。 但從長遠來看,即使耕地面積不變,農作物的年產量也會增加。 例如,根據聯合國糧食及農業組織(FAO)的預測,2021年至2030年間,全球小麥和其他粗糧的農業產量將增加9%。 這一增長是針對相同耕地面積而言的。 因此,為了在相同耕地面積內提高農作物產量並保證農作物的關鍵養分,對綠色溶劑/生物溶劑的需求將大幅增加,從而在未來幾年形成巨大的市場成長前景。
本報告研究和分析了全球綠色溶劑和生物溶劑市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
Global Green & Bio-based Solvents Market size was valued at USD 2.21 billion in 2022, which is expected to grow to USD 3.91 billion in 2030 with a CAGR of 7.4% during the forecast period between 2023 and 2030. The rising government measures in various countries to reduce carbon emissions and the increasing demand for long-lasting paints & coatings are driving the growth of the green & bio-based solvents market.
The increased carbon footprint from the industrial sector, rising country-level sustainability targets, and reduction in fossil fuel-based materials are the prominent trends driving the adoption of decarbonization norms at the global level. Furthermore, the growth of the paints & coatings industry is accredited to factors such as an increase in the renovation rate, a rise in residential construction activities, and the recent expansion of paints & coatings manufacturing facilities. Therefore, the increase in the implementation of carbon-neutral standards and the advancing paints & coatings sector are the major factors boosting the demand for green & bio-based solvents to ensure superior biodegradable properties. As a result, the surge in the demand for green & bio-based solvents fosters market growth.
Green & bio-based solvents are composed of sustainable materials, including waste materials and crops. Manufacturing green & bio-based solvents limits the worker's exposure to toxic chemicals. As a result, green & bio-based solvents are ideal alternatives to fossil fuel-based solvents. The global decarbonization norms are increasing due to factors such as increasing government regulations in the developed economies and an increase in the global temperature rise.
For instance, according to the Paris Agreement, an internationally binding treaty on climate change, the targets for global decarbonization include the reduction of carbon emissions by 45% in 2030 and net zero carbon footprints by 2050. Thus, the increase in the global decarbonization standards & regulations is fostering the adoption of green & bio-based solvents as the chemicals are composed of recycled and sustainable materials, this, in turn, is supplementing the market growth.
In the paints & coatings industry, green & bio-based solvents ensure improved performance, minimized environmental impact, and superior cost-effectiveness. The increasing demand for architectural paints & coatings, rising construction activities due to global sports events, and the surging spending power of people are the key determinants spurring the paints & coatings market growth.
For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%. Thus, the booming paints & coatings industry is fueling the production activities for solvent-based paints & coatings formulation. The rise in the production of solvent-based paints & coatings products is boosting the demand for green & bio-based solvents to ensure superior moisture protection, thereby driving the market growth.
The industrial growth of the North American region is attributed to sectors such as paints & coatings, building & construction, cosmetics & personal care, and cleaning products. The advent of the COVID-19 pandemic, the increase in the house renovation rate in the United States & Canada, and the increasing consumer spending on cosmetics products are the prime variables propelling industrial growth in North America.
For illustration, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), the North American paints & coatings sector was the third largest market in the global ranking, valued at USD 33.92 billion in 2022. Henceforth, the robust growth of the paints & coatings industry in the North American region is amplifying the demand for green & bio-based solvents to ensure a reduction in volatile organic compounds (VOC) content, which, in turn, is proliferating the market growth.
The recent company-level infrastructure investments to expand the bio-glycols production will create a lucrative growth opportunity for the green & bio-based solvents market. For instance, as of October 2023, the UPM biorefinery in Leuna, Germany is in construction. The biorefinery will manufacture bio-glycols and lignin-based renewable functional fillers by 2024.
The strategic partnerships are increasing between the chemical manufacturers for the commercial production of bioethanol. For illustration, in August 2023, Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation formed a strategic collaboration with Allotrope Partners, a United States-based clean energy advisory & financial firm, and Axens North America, a technology provider for bioethanol to commercialize the production of bioethanol. Thus, the increasing strategic partnerships between various companies for bioethanol production will increase the commercial availability of green & bio-solvent products, thereby creating a favorable potential for market growth.
The agricultural output has been surging in recent years. However, in the long run, the annual crop production will grow within the same amount of arable land. For illustration, according to the Food and Agriculture Organization (FAO), the global agricultural output for wheat and other coarse grain will increase by 9% between 2021-2030. This growth will be on the same area of arable land. Hence, the demand for green & bio-solvents will rise significantly to boost crop production within the same area of arable land and ensure crops with significant nutrients, thereby creating a prominent growth outlook for the market in the coming years.
The dominant players in the green & bio-based solvents market include: Cargill, Incorporated., Solvay, BASF SE, and Merck KGaA. The above-mentioned players involved in the manufacturing & supply of green & bio-based solvents are investing in strategies, including technology innovation, acquisitions, product innovations, and facility development to increase their market revenue & volume share in the green & bio-based solvents industry.
In July 2021, Merck KGaA, a Germany-based manufacturer of chemicals launched a new line of green solvents for application in photolithographic processes for the semiconductor industry. Thus, the recent launch of green solvents to focus on niche applications will create a vital trend for market growth in the upcoming years.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.