Renewable Solvent Market - Top Companies and Manufacturers

  • Report ID: 4179
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Companies Dominating the Renewable Solvent Landscape

    • Neste
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AstroBio
    • NexantECA
    • Godavari Biorifineries Limited
    • CREMER OLEO GmbH & Co. KG
    • Cargill company
    • Braskem S.A.
    • Vertec BioSolvents Inc.
    • Archer Daniels Midland Company
    • InKemia Green Chemicals, Inc.
    • Merck Group

Browse Key Market Insights with Data Illustration:

In the News

  • Merck Group launched Cyrene, a sustainable dipolar aprotic solvent, manufactured from a renewable cellulose source. This product is anticipated to be a greener alternative to Dimethylformamide (DMF) and N-Methyl-2-pyrrolidone (NMP).

  • Braskem S.A. has launched HE-70S, its first partially renewable solvent made from sugarcane ethanol. It contains raw materials such as biobased carbon and is considered a part of the oxygenated solvents group.


Author Credits:  Rajrani Baghel


  • Report ID: 4179
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of renewable solvent is estimated at USD 4.62 billion.

The renewable solvent market size was over USD 4.44 billion in 2024 and is poised to exceed USD 8.58 billion by 2037, growing at over 5.2% CAGR during the forecast period i.e., between 2025-2037. The increased awareness about environmental hazards along with the expansion of the automotive industry and rapid industrialization and urbanization will fuel the market growth.

Asia Pacific industry is set to dominate majority revenue share of NA% by 2037, attributed to an increase in the construction sector in this region owing to advantages of renewable solvent.

The major players in the market are Neste, AstroBio, NexantECA, Godavari Biorifineries Limited, CREMER OLEO GmbH & Co. KG, Cargill company, Braskem S.A., Vertec BioSolvents Inc., Archer Daniels Midland Company, InKemia Green Chemicals, Inc., Merck Group
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