About Oil field Bio Solvents

Oilfield bio solvents are solvents rendered from renewable resources of biological origin such as fruits, plants, and others. They are mainly found in liquid form and have low carbon content. Some of the important oilfield bio solvents are hydrocarbons, ester, ether, alcohols, glycol, and others. Oilfield bio solvents are employed to prevent the impact of volatile organic compounds (VOC) on the environment. The derivation of bio solvents from renewable resources makes oilfield bio solvents show high performance as carrier solvents, formulating ingredients, and cleaning solvents. Oilfield bio solvents demonstrate the excellent ability of solvating pigments, resins, and oils and greases in different oilfield applications.

Technavio’s analysts forecast the global oil field bio-solvents market to grow at a CAGR of 4.12% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global oil field bio-solvents market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Oil Field Bio-solvents market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ashburn Chemical Technologies
• Croda
• The Dow Chemical Company
• Stephan Company

Market driver
• Increasing demand for environment-friendly products
• For a full, detailed list, view our report

Market challenge
• Variations pertaining to the availability of raw materials for bio-based solvents
• For a full, detailed list, view our report

Market trend
• Increasing commercialization of bio solvents
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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