| Product Code: ETC4485445 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s import shipments of green and bio-solvents in 2024 saw a notable increase in concentration, transitioning from low to moderate concentration levels as per the Herfindahl-Hirschman Index (HHI). The top exporting countries to India included Singapore, China, Germany, Japan, and South Korea, showcasing a diverse range of sources for these environmentally friendly solvents. With a strong Compound Annual Growth Rate (CAGR) of 8.35% from 2020 to 2024 and a remarkable growth rate of 33.46% from 2023 to 2024, the market for green and bio-solvents in India is demonstrating significant expansion and potential for further development.

Green and bio solvents are eco-friendly alternatives to traditional solvents. The India Green and Bio Solvents Market are driven by the need to reduce the environmental impact of chemicals and industrial processes. As sustainability becomes a focal point, this market is expected to grow.
The green and bio solvents market is fueled by the demand for eco-friendly and sustainable solvents in various industries, including paints and coatings, chemicals, and cleaning products. Regulations and consumer preferences for products with lower environmental impact are key drivers.
The India Green and Bio Solvents market encounter challenges in terms of sourcing raw materials and establishing a sustainable supply chain. Developing bio-based solvents often relies on agricultural feedstocks, and their availability can be impacted by weather, crop yields, and other agricultural challenges. Moreover, the performance and price competitiveness of green solvents compared to conventional solvents present significant obstacles to market expansion. Regulatory hurdles, such as the need for approvals and standardization, can also slow down market growth.
The India green and bio solvents market faced challenges during the COVID-19 pandemic due to supply chain disruptions and shifts in industrial demand. However, the crisis accelerated the transition towards eco-friendly solvents as environmental concerns took center stage. The market is expected to recover and grow as industries seek sustainable alternatives and reduce their carbon footprint.
Key Players in the market are Vertec BioSolvents, Inc., Green Biologics Ltd, LyondellBasell Industries, DOW India Pvt Ltd, BASF India Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Green and Bio-solvents Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Green and Bio-solvents Market Revenues & Volume, 2021 & 2031F |
3.3 India Green and Bio-solvents Market - Industry Life Cycle |
3.4 India Green and Bio-solvents Market - Porter's Five Forces |
3.5 India Green and Bio-solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Green and Bio-solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Green and Bio-solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the shift towards eco-friendly products. |
4.2.2 Government initiatives and regulations promoting the use of green and bio-solvents. |
4.2.3 Growing demand for bio-based products in various industries such as pharmaceuticals, personal care, and agriculture. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up green and bio-solvent production facilities. |
4.3.2 Limited availability of raw materials for bio-solvent production. |
4.3.3 Lack of standardized regulations and certifications for green and bio-solvents. |
5 India Green and Bio-solvents Market Trends |
6 India Green and Bio-solvents Market, By Types |
6.1 India Green and Bio-solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Green and Bio-solvents Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Green and Bio-solvents Market Revenues & Volume, By Bioalcohols, 2021-2031F |
6.1.4 India Green and Bio-solvents Market Revenues & Volume, By Bio-Diols, 2021-2031F |
6.1.5 India Green and Bio-solvents Market Revenues & Volume, By Biogycols, 2021-2031F |
6.1.6 India Green and Bio-solvents Market Revenues & Volume, By Lactate Esters, 2021-2031F |
6.2 India Green and Bio-solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Green and Bio-solvents Market Revenues & Volume, By Industrial & Domestic Cleaners, 2021-2031F |
6.2.3 India Green and Bio-solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 India Green and Bio-solvents Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 India Green and Bio-solvents Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.2.6 India Green and Bio-solvents Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 India Green and Bio-solvents Market Import-Export Trade Statistics |
7.1 India Green and Bio-solvents Market Export to Major Countries |
7.2 India Green and Bio-solvents Market Imports from Major Countries |
8 India Green and Bio-solvents Market Key Performance Indicators |
8.1 Percentage of companies in India adopting green and bio-solvents in their production processes. |
8.2 Investment trends in green and bio-solvent research and development activities. |
8.3 Number of new bio-solvent products introduced in the Indian market. |
8.4 Percentage of reduction in carbon footprint achieved by companies using green and bio-solvents. |
8.5 Growth in the number of partnerships between Indian companies and international green and bio-solvent suppliers. |
9 India Green and Bio-solvents Market - Opportunity Assessment |
9.1 India Green and Bio-solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Green and Bio-solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Green and Bio-solvents Market - Competitive Landscape |
10.1 India Green and Bio-solvents Market Revenue Share, By Companies, 2024 |
10.2 India Green and Bio-solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |