Green Solvents & Bio Solvents Market - Forecast(2021 - 2026)
Green Solvents & Bio Solvents Market is forecast to reach $6.3 billion by 2026, after growing at a CAGR of 9.2% during the forecast period from 2021-2026 . In a wide variety of industries, such as paints & coatings , printing inks , adhesives & sealants, and industrial & domestic cleaning, green solvents are consumed. The application segment of paints and coatings will continue to dominate the global market for green solvents over the forecast timeframe. Increasing environmental issues, together with increasing market awareness about environmentally sustainable goods, are pushing green solvent adoption in the paints & coatings industry. In addition, during the forecast period, the level of uses of green solvents in the industrial and domestic cleaning industries would be the largest. COVID-19 Impact on Market The emergence of the current pandemic COVID-19 has had a huge influence on the growth of a variety of industrial sectors. In particu...