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Bio-Solvents Market - Top Companies and Manufacturers

  • Report ID: 3359
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Bio-Solvents Landscape

    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Marathon Petroleum Corporation
    • Archer Daniels Midland Company
    • Vertec Biosolvents Inc.
    • Stepan Company, Solvay S.A.
    • GF Biochemicals
    • The Dow Chemical Company
    • India Glycols Ltd.
    • Liberty Chemicals srl
    • DuPont de Nemours, Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • BTC Europe GmbH a European distribution organization of BASF signed an agreement on the distribution of biobased and biodegradable solvents derived from levulinic acid for the European market with NXTLEVVEL Biochem BV, a commercial scale manufacturer of next-generation biomass-derived chemicals. Levulinic acid serves as a versatile building block for chemicals and materials derived directly from biomass.

  • Cargill Corporation a privately held American global food corporation join hands with Virent, Inc. provider of petroleum refining products (Marathon Petroleum Corporation). They will together produce low-carbon biofuels, using Virent’s BioForming technology, which uses the sugar present in the feedstock to form biofuel.


Author Credits:  Rajrani Baghel


  • Report ID: 3359
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of bio-solvents is estimated at USD 2.21 Billion.

The bio-solvents market size was over USD 2.11 Billion in 2023 and is set to cross USD 4.12 Billion by the end of 2036, witnessing more than 5.3% CAGR during the forecast period i.e., between 2024-2036. The growing demand for petrochemical replacement as well as the rising development of sustainable alternatives along with the rising concern about GHG emissions are some major factors driving the market growth.

North America is projected to dominate majority industry share by 2036, propelled by growing investment in green chemistry as well as the rising development of renewable organic material along with increasing consumption of biomass.

BASF SE, Marathon Petroleum Corporation, Archer Daniels Midland Company, Vertec Biosolvents Inc., Stepan Company, Solvay S.A., GF Biochemicals, The Dow Chemical Company, India Glycols Ltd., Liberty Chemicals srl, DuPont de Nemours, Inc.
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