Green & Bio-Solvents Market to Grow with a CAGR of 5.58% through 2030

Rising Demand for Sustainable and Eco-Friendly Products and Expanding End-Use Applications Across Industries are expected to drive the Global Green & Bio-Solvents Market growth in the forecast period, 2026-2030

According to TechSci Research report, “Green & Bio-Solvents Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Green & Bio-Solvents Market stood at USD 1.33 Billion in 2024 and is anticipated to grow with a CAGR of 5.58% in the forecast period.

The strongest growth catalysts for the Global Green & Bio-Solvents Market is the tightening of international regulations governing the use of conventional petrochemical solvents, particularly those with elevated levels of volatile organic compounds (VOCs) and hazardous properties. Regulatory frameworks across North America, Europe, and an increasingly proactive Asia-Pacific are mandating the reduction of harmful emissions and incentivizing the adoption of safer, biodegradable alternatives. In this context, bio-solvents derived from renewable resources and characterized by low toxicity are emerging as the preferred solution for industries seeking compliance without compromising performance.

The availability of renewable feedstocks. Green solvents are primarily produced from agricultural resources such as corn, sugarcane, soy, and cellulose, ensuring a consistent and renewable input supply. Regions like Asia-Pacific and South America, with their strong agricultural output, are enhancing supply chain resilience and cost efficiency. This contrasts with fossil fuel–based solvents, which remain subject to crude oil price volatility and geopolitical disruptions. Health and workplace safety advantages further reinforce adoption. Traditional solvents are often linked to high toxicity, flammability risks, and occupational health hazards. By contrast, green solvents offer biodegradability, reduced toxicity, and improved safety profiles, lowering employer liability while aligning with increasingly stringent global workplace safety standards.

The industry faces a critical structural challenge tied to feedstock dependency. Since bio-solvents rely heavily on agricultural and biomass inputs such as corn, sugarcane, soy, and cellulose, they remain exposed to seasonal yield fluctuations, agricultural market volatility, and competition with food supply chains. Broader sustainability debates around land use, deforestation, and food-versus-fuel trade-offs also complicate large-scale bio-based chemical production. Any disruption in feedstock supply or cost escalation directly impacts production economics and scalability, creating uncertainty in long-term supply agreements with industrial buyers.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Green & Bio-Solvents Market”

The Global Green & Bio-Solvents Market is segmented into type, application, regional distribution, and company.

Based on the category of Type, the Bio-Alcohols segment emerged as the dominating segment in the market for Green & Bio-Solvents in 2024. Bio-alcohols, such as bio-ethanol, bio-butanol, and bio-methanol, are increasingly utilized as renewable alternatives to conventional petrochemical-based alcohols due to their versatility across multiple industries. They serve as key solvents in paints and coatings, adhesives, cleaning products, and personal care formulations. The widespread adoption of bio-ethanol is driven by its well-established production processes, abundant feedstock availability, and proven track record of large-scale commercialization. These factors enable manufacturers to achieve competitive pricing, making bio-alcohols more economically attractive than other bio-based solvents. Regulatory pressures also play a critical role in the dominance of bio-alcohols. As governments tighten restrictions on VOC emissions and encourage renewable chemical adoption, bio-alcohols have gained prominence due to their relatively low toxicity, biodegradability, and ability to meet stringent environmental standards. Moreover, the integration of bio-alcohols into existing production infrastructures is technically more straightforward compared to certain niche bio-solvent categories, further accelerating their uptake across end-use industries.

The abundant feedstock availability in regions such as Asia-Pacific and South America, where crops like sugarcane, corn, and cassava are cultivated extensively. This ensures a stable supply chain for bio-ethanol and other alcohol derivatives, enhancing regional self-sufficiency and reducing reliance on volatile petrochemical imports. The demand for bio-alcohols is reinforced by their role as essential intermediates in the production of other bio-based chemicals and fuels, creating strong backward and forward linkages within the green chemistry value chain. Leading chemical producers are investing heavily in expanding bio-ethanol and bio-butanol capacities, leveraging advanced fermentation technologies and biotechnology innovations to improve yields and reduce costs.

Europe is positioned to witness the fastest growth in the Global Green & Bio-Solvents Market, driven by the region’s strong regulatory frameworks, sustainability-focused policies, and rapidly evolving industrial demand for eco-friendly alternatives. The European Union (EU) has implemented some of the most stringent environmental and chemical safety regulations worldwide, including the REACH framework (Registration, Evaluation, Authorisation and Restriction of Chemicals) and directives aimed at reducing volatile organic compound (VOC) emissions. These regulations are compelling manufacturers across paints and coatings, adhesives, pharmaceuticals, and cleaning products to substitute traditional petrochemical solvents with renewable, biodegradable alternatives.

In addition, Europe’s commitment to the European Green Deal and its target of achieving climate neutrality by 2050 has placed bio-based chemicals at the center of industrial innovation. Governments across the region are offering incentives, funding programs, and partnerships to accelerate the adoption of sustainable chemistry. The transition is further supported by robust R&D investments, with leading chemical producers and research institutes in Germany, France, the Netherlands, and Scandinavia pioneering advancements in bio-based solvent technologies, improving both performance and cost competitiveness.

Major companies operating in Global Green & Bio-Solvents Market are:

• Archer Daniels Midland Company
• BASF SE
• Cargill Incorporated
• Cremer oleo GmbH & Co. KG
• The Dow Chemical Company
• Elevance Renewable Sciences Inc.
• Florachem
• Huntsman International LLC
• LyondellBasell Industries Holdings B.V.
• Vertec Biosolvents Inc.

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“The Global Green & Bio-Solvents Market is entering a pivotal growth phase, supported by regulatory pressures, sustainability imperatives, and expanding industrial applications. While challenges around feedstock availability and production costs persist, ongoing advancements in green chemistry, coupled with growing corporate and consumer preference for eco-friendly solutions, are set to reshape the competitive landscape. As industries accelerate their transition from petrochemical-based solvents to renewable, biodegradable alternatives, green and bio-solvents are positioned to move from niche adoption to mainstream industrial relevance, establishing themselves as a cornerstone of the global shift toward sustainable chemical solutions.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Green & Bio-Solvents Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Type (Bio-Alcohols, Bio-Diols, Bio-Glycols, Methyl Soyate Solvents, Lactate Esters, Others), By Application (Paints and Coatings, Adhesives and Sealants, Cleaning Products, Printing Inks, Others), By Region, & Competition, 2020-2030F”, has evaluated the future growth potential of Global Green & Bio-Solvents Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Green & Bio-Solvents Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]