North America Bio-Solvents Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The North American bio-solvents market is experiencing significant growth due to increasing environmental concerns, stringent regulations on toxic chemicals, and a shift towards sustainable alternatives in industries such as coatings, paints, and cleaning products. Bio-solvents are derived from renewable resources like plants, and they are considered environmentally friendly alternatives to conventional petroleum-based solvents, offering lower toxicity, biodegradability, and fewer emissions.
Industries that rely on solvents for their operations are increasingly turning to bio-solvents to meet regulatory standards and to improve the sustainability of their products. In particular, the paint and coatings industry is a major consumer of bio-solvents. The use of bio-solvents in this sector helps in reducing volatile organic compound (VOC) emissions, which have been linked to air pollution and health issues. In addition, bio-solvents are gaining traction in cleaning agents, adhesives, and even personal care products due to their non-toxic and biodegradable properties.
For example, the growing demand for eco-friendly paint formulations has propelled the development of bio-solvents such as terpenes and fatty acid methyl esters (FAMEs). These solvents not only contribute to reducing the environmental footprint of the paint industry but also offer superior performance in terms of coverage and drying time. As industries continue to embrace sustainable practices, the demand for bio-solvents is expected to rise exponentially.
The automotive industry is another key player in the adoption of bio-solvents, particularly for cleaning and degreasing applications. With a focus on reducing the environmental impact of manufacturing processes, bio-solvents offer a safer and more sustainable alternative to traditional solvents. Furthermore, bio-solvents are increasingly being used in the production of inks, textiles, and agricultural chemicals, further expanding their application range.
The growing demand for green solutions, coupled with stricter environmental regulations, is expected to continue driving the expansion of the North American bio-solvents market in the coming years.
North America Bio-Solvents Market
Get an In-Depth Research Analysis of the North America Bio-Solvents Market Size And Forecast [2025-2032]
Dow Chemical Company
BASF
BioAmber
Cargill
Stepan Company
Archer Daniels Midland Company
Corbion
Huntsman International
Florida Chemical Company
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the North America Bio-Solvents Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the North America Bio-Solvents Market
Paints & Coatings
Adhesives & Coatings
Printing Inks
Pharmaceuticals
Agrochemicals
Food & Beverages
Personal Care & Cosmetics
Others
Based on Types the Market is categorized into Below types that held the largest Bio-Solvents market share In 2023.
Bio-Alcohols
Glycerol Carbonates
Bio-Glycols
D-Limonene
Lactate Esters
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Bio-Solvents Market Research Analysis
1. Introduction of the North America Bio-Solvents Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Bio-Solvents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Bio-Solvents Market, By Type
6. North America Bio-Solvents Market, By Application
7. North America Bio-Solvents Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Bio-Solvents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading North America Research and Consulting firm servicing over 5000+ North America clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/