친환경 및 바이오 용제 세계 시장 규모는 2024년에 138억 5,000만 달러에 달했습니다. IMARC Group은 향후 시장이 2033년까지 256억 2,000만 달러에 이르며, 2025년부터 2033년까지 6.51%의 연평균 복합 성장률(CAGR)을 나타낼 것으로 예측했습니다. 현재 북미는 시장을 독점하고 있으며 2024년에는 36.7% 이상의 큰 시장 점유율을 차지하고 있습니다. 지속가능한 개발에 대한 주요 기업의 관심과 친환경 용제 사용량 증가는 주로 친환경 및 바이오 용제 시장의 성장을 가속하고 있습니다.
주요 시장 성장 촉진요인: 창약에서 친환경 및 바이오 용제의 사용량 증가는 시장 성장을 가속하는 주요 요인 중 하나입니다. 또한, 이러한 용제는 생산 비용 절감, 제품 품질 향상, 수확량 증가 등을 지원하기 위해 농업 산업에서 널리 사용되고 있으며, 그 결과 친환경 및 바이오 용제 시장 점유율을 확대하고 있습니다.
주요 시장 동향 : 혼합물로부터 화합물을 분리하기위한 친환경 및 바이오 용제의 새로운 용도는 시장의 새로운 동향 중 하나입니다. 또한, R&D 활동에 대한 대규모 투자와 생산 기술의 수많은 진보는 친환경 및 바이오 용제시장의 성장을 뒷받침하고 있습니다.
지리적 동향 : 친환경 및 바이오 용제 시장 조사에 따르면 북미는 가장 큰 시장 점유율을 차지합니다. 이 지역에서는 석유계 용제의 대체를 목표로 하는 정부 정책이 내세워져 북미 시장에 플러스의 영향을 주고 있습니다. 이 외에, 친환경 및 바이오 용제와 관련된 생산 공정의 개선에 제조업체가 중점을 두고 있는 것이, 향후 수 년간도 이 지역 시장을 견인해 나갈 것으로 예상됩니다.
경쟁 구도 : 세계 주요 기업은 Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, CREMER OLEO GmbH &Co.KG, Dow Inc., Elevance Renewable Sciences Inc., Florachem Corporation, Huntsman Corporation, LyondellBasell Industries NV, Ver.
과제와 기회: 친환경 및 바이오 용제는 종래의 용제에 비해 입수하기 쉬운 범위가 한정되어 있기 때문에 대량의 용제를 필요로 하는 섹터에 있어서는 과제가 될 수 있습니다. 그러나 친환경 및 바이오 용제를 강화하기 위한 광범위한 R&D 활동이 향후 수년간 세계 시장의 활성화로 이어질 것으로 예상됩니다.
환경 문제 증가
증류 글리세린, 젖산, 옥수수, 바이오숙신산 등 친환경 용제의 추출에 농업소스의 채용이 증가하고 있으며, 친환경 및 바이오 용제 시장 전망에 플러스의 영향을 주고 있습니다. 또한 유럽위원회(EC)와 에코제품인증제도(ECS)로 인한 향수를 비롯한 친환경 소비자제품에 대한 수요가 높아지면서 그 생산에서 친환경 및 바이오 용제의 사용을 촉진하고 있습니다. 이와는 별도로 유해물질과 용제의 채용은 환경에 악영향을 미치기 때문에 생산자는 기존의 석유계 용제보다 휘발성 유기 화합물(VOC)의 배출이 적은 친환경 및 바이오 용제의 사용에 주력하고 있습니다.
엄격한 정부 규제
친환경 및 바이오 용제 수요는 바이오 제품의 사용을 중시하는 정부 기관 증가에 의해 뒷받침되고 있습니다. 예를 들어 경제협력개발기구(OECD)가 발표한 보고서에 따르면 독일 환경청(UBA), 자연보호 및 원자력안전(BMU), 스위스연방환경국(FOEN), 스위스경제사무국(SECO), 독일연방환경부는 모두 폭넓은 분야에서 바이오 제품의 채용을 적극 장려하고 있습니다. 이것은 가까운 미래에 친환경 및 바이오 용제 시장의 수익에 유리한 성장 기회를 가져올 것입니다.
제품의 다양한 용도
식물성 기름, 단백질, 전분과 같은 원료를 사용하여 생산되는 바이오 또는 친환경 접착제 및 밀봉제의 개발은 시장 성장을 증가시키고 있습니다. 또한 Anagha Engineers에 따르면 접착제 및 밀봉제 부문은 지속가능성으로의 초기 전환에서 다른 전통적인 비즈니스를 지원합니다. 이에 따라 제약업계에서 채용된 친환경 및 바이오 용제의 비율은 80%에서 90%에 이릅니다. 이에 더해 최근의 연구에서는 화석화학물질의 재생가능한 대체물로서 새로운 의약품 성분을 도입하기 위해 농업폐기물로 제조된 바이오기반 화학물질을 친환경 용제로 사용하는 것에 초점을 맞추었습니다. 제약산업에서의 친환경 용제의 이용에 관한 이러한 기술 혁신은 예측기간 중에 친환경 및 바이오 용제 시장의 가치를 높일 것으로 예측됩니다.
The global green and bio-solvents market size was valued at USD 13.85 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 25.62 Billion by 2033, exhibiting a CAGR of 6.51% during 2025-2033. North America currently dominates the market, holding a significant market share of over 36.7% in 2024. The increasing focus of key players on sustainable development and the rising usage of environment-friendly solvents are primarily driving the growth of the green and bio-based solvents market.
Major Market Drivers: The increasing usage of green and bio-based solvents for drug discovery is one of the key factors propelling the market growth. Moreover, these solvents are widely utilized in the agriculture industry, as they assist in reducing the costs of production, enhancing product quality, increasing yield, etc., thereby augmenting the green and bio-based solvents market share.
Key Market Trends: The emerging applications of green and bio-based solvents for separating compounds from mixtures are one of the emerging trends in the market. Furthermore, extensive investments in R&D activities and numerous advancements in production technologies are also fueling the green and bio-based solvents market growth.
Geographical Trends: According to the green and bio-solvents market research, North America accounted for the largest market share. The launch of government policies in the region to replace petroleum-based solvents is positively influencing the market in North America. Besides this, the elevating emphasis of manufacturers on improving production processes related to green and bio-based solvents will continue to drive the regional market in the coming years.
Competitive Landscape: Some of the leading players in the global green and bio-solvents market include Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, CREMER OLEO GmbH & Co. KG, Dow Inc., Elevance Renewable Sciences Inc., Florachem Corporation, Huntsman Corporation, LyondellBasell Industries N.V., and Vertec Biosolvents Inc., among many others.
Challenges and Opportunities: The wide accessibility of green and bio-based solvents can be limited than conventional solvents, which, in turn, can be a challenge for sectors that need large quantities of solvents. However, extensive R&D activities to enhance green and bio-based solvents are expected to fuel the global market in the coming years.
Rising Environmental Concerns
The increasing adoption of agricultural sources to extract green solvents, including distilled glycerin, lactic acid, maize, bio-succinic acid, etc., is positively impacting the green and bio-solvents market outlook. Additionally, the growing demand for eco-friendly consumer products, including perfume, owing to the European Commission (EC) and Eco-product Certification Scheme (ECS), is driving the usage of green and bio-based solvents in their production. Apart from this, as the adoption of hazardous substances and solvents has negative impacts on the environment, producers are focusing on using green and bio-based solvents, as they generate lesser volatile organic compounds (VOCs) emissions than conventional petroleum-based solvents.
Stringent Government Regulations
The green and bio-solvents market demand is propelled by the rising emphasis of government bodies on using bio-based products. For example, according to a report released by the Organization for Economic Co-operation and Development (OECD), the German Environment Agency (UBA), Nature Conservation and Nuclear Safety (BMU), the Swiss Federal Office for the Environment (FOEN), the Swiss State Secretariat for Economic Affairs (SECO), and the German Federal Ministry for the Environment are all actively encouraging the adoption of bio-based goods in a wide array of sectors. This, in turn, will provide lucrative growth opportunities for green and bio-solvent market revenue in the foreseeable future.
Diverse Applications of Product
The development of bio-based or green adhesives and sealants that are produced by using ingredients, including vegetable oil, proteins, starch, etc., is augmenting the market growth. Furthermore, according to Anagha Engineers, the adhesives and sealant sector is helping other conventional businesses in their initial transition to sustainability. In line with this, the percentage of green and bio-based solvents employed in the pharmaceutical industry ranges from 80% to 90%. Besides this, recent research has focused on the use of bio-based chemicals manufactured from agricultural wastes as green solvents to introduce novel pharmaceutical ingredients as a renewable alternative to fossil chemicals. Such innovations related to the utilization of green solvents in the pharmaceutical industry are projected to bolster the green and bio-solvents market value over the forecasted period.
Lactate Esters
Methyl Soyate Solvents
Bio-Alcohols, Bio-Diols and Bio-Glycols
D-Limonene
Others
Bio-alcohols, bio-diols and bio-glycols hold the majority of the total market share
The widespread adoption of bio-based diols for adhesives and sealants, polyurethane coatings, elastomers, foam applications, etc., is catalyzing the market growth in the segmentation. Moreover, these greener alternatives are gaining popularity, on account of a 61% reduction in greenhouse gas emissions as compared to petroleum-based products. Besides this, the Pacific Northwest National Laboratory (PNNL) introduced the catalytic process for converting plant-based raw material to produce bio-based glycol. Consequently, these green and bio-based solvents find widespread applications across the globe.
Paints and Coatings
Printing Inks
Cleaning Products
Adhesives and Sealants
Others
Paints and coatings currently exhibit a clear dominance in the market
The elevating usage of lactate ester solvents in the paints and coatings industry is augmenting the market growth in the segmentation. Moreover, the shifting preferences from solvents, including toluene, acetone, NMP, xylene, etc., towards ethyl lactate in the coatings industry are acting as significant growth-inducing factors. Besides this, the growing housing construction and the inflating income-levels of individuals in countries, such as Mexico, India, China, Brazil, etc., are escalating the demand for paints and coatings, which, in turn, will augment the green and bio-based solvents market over the forecasted period.
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest green and bio-solvents market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
Favorable government regulations in the region and several investments in R&D activities are fueling the market growth in North America. Moreover, in countries, including Germany, there is an increasing demand for green and bio-based solvents, particularly in the automotive and cosmetics industry, which is catalyzing the North America green and bio-based solvents market.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Archer Daniels Midland Company
BASF SE
Cargill
Incorporated
CREMER OLEO GmbH & Co. KG
Dow Inc.
Elevance Renewable Sciences Inc.
Florachem Corporation
Huntsman Corporation
LyondellBasell Industries N.V.
Vertec Biosolvents Inc.