How big is the Bio-Based Solvents Market | Global Growth Insights 2025

Q: What is the size of the bio-based solvents market?

The bio-based solvents market was estimated at USD 4.3 billion in 2024 and is expected to reach USD 9.0 billion by 2031.

Q: Which regions are leading in the adoption of bio-based solvents?

Europe and North America are leading due to strong environmental regulations and industrial demand for sustainable formulations.

Q: What are the major drivers behind the bio-based solvents market growth?

VOC regulations, demand for safer chemicals, and increasing applications in pharmaceuticals, coatings, and agriculture are major drivers.

Q: Which segments dominate the bio-based solvents market?

Paints & coatings, adhesives, cleaning agents, and pharmaceuticals are the primary segments utilizing bio-based solvents.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA4788

Publication Date: Jul 2025

What is the size of the Bio-Based Solvents Market?

According to 6Wresearch internal database and industry insights, the Bio-Based Solvents Market was demonstrated approximately USD 4.3 billion in 2024 and is projected to reach USD 9.0 billion by 2031, growing at a CAGR of 11.0% during the forecast period 2025–2031.

Due to increasing demand for eco-friendly chemicals, tightening VOC emission regulations, and the shift toward green chemistry in industrial formulations, the market is continued to rise.

Key Growth Factors of the Bio-Based Solvents Market

Compliance stricter VOC and hazardous air pollutant (HAP) regulations worldwide
Adoption of non-toxic, biodegradable alternatives in paints, coatings, and cleaners
Growing use of green solvent in pharmaceuticals, personal care, and agrochemicals
Supportive policies promoting circular economy and renewable feedstocks
Technological improvements in fermentation and catalytic processes for solvent production

Bio-Based Solvents Market Trends

Bio-based solvents market is growing with the emerging trends such as the rising adoption of lactate esters, ethyl lactate, and D-limonene in degreasers, coatings, and electronics cleaning. Another notable trend is the shift toward multifunctional solvents that combine biodegradability with performance. Innovations are emerging in terpene- and glycerol-derived solvents for use in cosmetics and inks, while consumer pressure is accelerating clean-label formulations across end-user industries.

Emerging Developments in the Bio-Based Solvents Market

Market is seeing few developments include scale-up of bio-refineries for second-generation solvent production from biomass and waste. Now, companies are entering partnerships to develop drop-in green solvents compatible with existing petrochemical infrastructure. Europe is taking the lead in solvent recovery systems and zero-emission manufacturing lines. Meanwhile, Asian manufacturers are investing in cost-effective, sugar-derived solvents to meet rising domestic and export demand.