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Renewable Solvent Market - Top Companies and Manufacturers

  • Report ID: 4179
  • Published Date: Jun 28, 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: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of renewable solvent is evaluated at USD 4.4 Billion.

The renewable solvent market size was valued at USD 4.2 Billion in 2023 and is expected to reach USD 8.02 Billion by 2036, expanding at around 5.1% CAGR during the forecast period i.e., between 2024-2036. The increased awareness about environmental hazards along with the expansion of the automotive industry and rapid industrialization and urbanization is expected for market growth.

Asia Pacific is projected to hold largest industry share by 2036, attributed to an increase in the construction sector in this region owing to the advantages of renewable solvent.

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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