The market for green solvents was estimated at USD 1.80 billion in 2022, and from 2023 to 2030, it is projected to expand at a CAGR of 7.8%. This can be attributed to the rise in demand for items made from biomaterials as well as the substantial R&D efforts made in developed economies all over the world. Green solvents, also known as environmentally friendly products, are byproducts of the processing of agricultural goods. Environmentally friendly solvents come in a variety of forms, such as water, supercritical water, ionic liquids, and fluids. Compared to traditional volatile organic compounds (VOCs), the product is safer, toxic-free, and more environmentally friendly.
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