Green and bio-solvents represent a significant step towards sustainable and environmentally friendly chemical solutions. As environmental concerns and regulations intensify, the shift from conventional petrochemical-based solvents to bio-based alternatives is gaining momentum globally. In 2025, the green and bio-solvents industry is experiencing heightened activity driven by innovation, increased awareness, and demand from key end-use industries such as paints & coatings, pharmaceuticals, and agriculture.
WHAT IS GREEN AND BIO-SOLVENTS COMPANIES?
Green and bio-solvents companies focus on developing solvents derived from renewable sources such as corn, sugarcane, soy, and other biomass. These solvents are biodegradable, possess low toxicity, and emit minimal volatile organic compounds (VOCs), making them a preferred choice across several industries. Companies in this space are not only redefining production methods but are also setting new standards for eco-friendly industrial practices.
USA GROWING GREEN AND BIO-SOLVENTS MARKET
The USA is a key player in the green and bio-solvents market, with a market share of approximately 40% in 2025. The United States continues to experience a surge in demand for environmentally friendly chemicals, driven by both consumer preferences for sustainable products and regulatory pressures. The U.S. government has implemented policies that promote bio-based products, which is accelerating the shift towards green solvents.
A prime example of this is the increase in bio-solvent production from major agricultural regions like the Midwest, where large-scale production of biofuels has paved the way for bio-based solvent development. Companies like Cargill, DuPont, and ADM are investing in expanding their bio-based portfolios, while the implementation of tax incentives for sustainable practices has further fueled the transition to green chemicals.
In 2024, the green and bio-solvents industry in the USA was valued at approximately $2.8 billion, and this is expected to grow at a steady pace with increasing industrial adoption.
HOW BIG IS THE GREEN AND BIO-SOLVENTS INDUSTRY IN 2025?
In 2025, the global green and bio-solvents market size is anticipated to exceed $10 billion. The shift towards renewable chemicals is expected to capture a larger share of the overall solvents industry, which traditionally has been dominated by petrochemical-based solvents. Bio-solvents are becoming increasingly cost-competitive, with the production of bio-based solvents having dropped in price by more than 10% over the last 5 years, further enhancing their marketability.
The market is projected to grow significantly, driven by demand from industries such as paints and coatings, where bio-solvents are replacing traditional VOC-laden solvents. The paints and coatings sector alone is expected to account for nearly 35% of the global bio-solvent demand by 2025, with bio-based solvents like esters, terpenes, and glycol ethers gaining popularity.
Regional Market Share: Green and Bio-Solvents Regional Opportunities
North America
North America is the largest consumer of green and bio-solvents, with a share of nearly 40% in 2025. The U.S. alone accounts for over 85% of this share. The region has witnessed substantial growth in the bio-solvents market due to government regulations, the high presence of bio-based companies, and a focus on environmentally conscious consumerism. For example, several states have enacted policies that incentivize the use of renewable solvents in manufacturing and industrial processes.
Europe
Europe holds a strong market position, with a 32% market share in 2025. The region's commitment to sustainability and strict environmental regulations, including the REACH framework, has fostered the growth of green and bio-solvents. Key countries such as Germany, France, and the Netherlands are major consumers of bio-based solvents, driven by the automotive, paints, and coatings industries, which are under pressure to comply with stringent emissions and VOC regulations.
The European green and bio-solvents market is valued at around $3.5 billion in 2025, with a significant portion dedicated to eco-friendly formulations for cleaning products and surface coatings.
Asia Pacific
Asia Pacific is the fastest-growing market for green and bio-solvents, with an estimated 20% share by 2025. China and India are key contributors to the region's market growth, with the adoption of bio-solvents in agriculture and manufacturing. The rise of awareness about environmental concerns in these countries, coupled with growing industrialization, is expected to push the green solvents market forward.
By 2025, China is projected to increase its use of bio-solvents by more than 40%, particularly in applications like coatings and adhesives.
Latin America
Latin America, although still a smaller market with about 5% share, is steadily increasing its use of green and bio-solvents. Brazil is leading the charge in the region due to its abundant bioethanol production, which is being leveraged for bio-based solvent manufacturing. The green solvents market in Latin America is expected to grow at a rate of 7-8% annually through 2025, driven by demand in agriculture and cleaning sectors.
Middle East & Africa
The Middle East and Africa hold a modest 3% share in the green and bio-solvents market. However, there is increasing interest in the UAE and South Africa as they begin to prioritize sustainable practices in manufacturing. The market here is anticipated to grow steadily at a rate of 5% annually, as more companies explore bio-based options to reduce their environmental footprint.
Global Growth Insights unveils the top List Global Green and Bio-Solvents Companies:
Company Name | Headquarters | Revenue (2024) | CAGR (2020-2024) | Recent Developments |
---|---|---|---|---|
BASF SE | Ludwigshafen, Germany | Approx. $87 billion | 3.4% | BASF continues to expand its bio-based product offerings, including sustainable solvents for the automotive and coatings industries. They are focusing on green innovations and have committed to reducing their carbon emissions by 25% by 2030. |
BioAmber Inc. | Montreal, Canada | $65 million (estimated) | 5.1% | BioAmber has made strides in enhancing its bio-based succinic acid production capabilities, with a focus on applications in bio-solvents, plastics, and coatings. They are also expanding partnerships to increase production capacity. |
E.I. DuPont de Nemours and Company | Wilmington, Delaware, USA | Around $20.4 billion | 4.2% | DuPont is heavily investing in its bio-solvent production as part of its long-term sustainability strategy. They are developing new bio-based solvents for use in coatings, adhesives, and cleaning products, along with initiatives to reduce VOC emissions across their product lines. |
Huntsman Corporation | The Woodlands, Texas, USA | Nearly $6.8 billion | 3.9% | Huntsman has launched new eco-friendly solvents designed for use in coatings and cleaning agents. Their focus is on improving the sustainability of the automotive and construction industries through greener solvent options. |
Cremer Oleo GmbH & Co. KG | Hamburg, Germany | Estimated $220 million | 6.5% | Cremer Oleo is focused on the production of bio-based solvents derived from renewable vegetable oils. They have made significant advancements in the use of their bio-solvents in the cosmetics and personal care industries. |
Florida Chemical Company | Winter Haven, Florida, USA | Approx. $150 million | 5.7% | Florida Chemical is innovating in the production of citrus-based bio-solvents, widely used in cleaning products and degreasers. They are expanding their manufacturing footprint to meet rising demand for eco-friendly alternatives in the cleaning industry. |
Cargill, Incorporated | Minneapolis, Minnesota, USA | Estimated $177 billion | 2.8% | Cargill has ramped up its bio-solvent production capabilities, particularly focusing on bio-based esters and terpenes for use in coatings, lubricants, and agricultural chemicals. They have also developed a new green solvent used in food processing applications. |
The Dow Chemical Company | Midland, Michigan, USA | Approx. $56.5 billion | 3.1% | Dow has introduced a line of bio-based solvents with a focus on reducing environmental impact. The company is committed to increasing its portfolio of sustainable products, targeting sectors such as cleaning, textiles, and adhesives. |
Vertec BioSolvents Inc. | Downers Grove, Illinois, USA | Estimated $42 million | 6.9% | Vertec BioSolvents specializes in the production of bio-based solvents for industrial cleaning and paints. They have recently expanded their production capacity and formed strategic partnerships to increase market penetration in North America. |
Archer Daniels Midland (ADM) | Chicago, Illinois, USA | Estimated $101 billion | 2.5% | ADM is focusing on expanding its bio-solvents portfolio, especially in the area of bio-based glycol ethers and esters. Their green solvent solutions are increasingly being used in paints, coatings, and cleaning products. |
CONCLUSION
The green and bio-solvents industry in 2025 is poised to be a vital component of global sustainability goals. With industrial decarbonization becoming a strategic imperative, green solvents are no longer niche—they are mainstream. The combined efforts of industry giants like BASF, ADM, and Dow alongside agile innovators such as Vertec BioSolvents are paving the path to a cleaner, bio-based chemical industry. As companies continue to scale up and governments reinforce mandates, the future of solvents will undoubtedly be green.