Albany, NY -- (SBWIRE) -- 07/18/2018 -- The global green and bio-based solvents market encapsulates a largely fragmented competitive landscape with the presence of several companies. The geographical reach of the companies depends on their size, and companies of varied sizes currently operate in the market. On one hand, small manufacturers of green and bio-based solvents are attracting demand from the local customers, whilst the large manufacturers aim to expand their geographical reach by acquiring the local players. It is projected that the established market players would adopt new technologies to manufacture bio-based products that are more effective and take lesser time for synthesis. Moreover, the extrinsic business strategies including key marketing hacks are also anticipated to be the watchword of the market players. It is highly probable that the competition in the market would intensify over the coming years, mostly due to strategic efforts of the market players. Besides this, the leading market vendors are expected to capitalize on the shift of focus from hydrocarbon-based solvents to bio-based and green solvents.
Read the full press release at http://www.sbwire.com/press-releases/global-green-and-bio-based-solvents-market-to-reach-net-worth-of-us-805-bn-by-2023-due-to-growth-of-multiple-industries-1012932.htm
