Natural and biodegradable, citrus solvents are made from citrus fruits, mainly grapefruits, oranges, and lemons. Because of their efficacy, safety, and environmental friendliness, these solvents—which are made by extracting oils from citrus fruit peels—are widely employed in a variety of industrial and domestic applications. Citrus solvents are widely utilised as solvents, degreasers, and cleaners in sectors such as paints and coatings, automotive, cleaning products, and manufacturing. They are a popular option for customers and companies looking for environmentally responsible substitutes for conventional chemical solvents because of their natural origins.
According to SPER market research, ‘Global Citrus Solvents Market Size- By Type, By Application, By Sales Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Citrus Solvents Market is predicted to reach 3.11 billion by 2034 with a CAGR of 5.73%.
Drivers:
Growing environmental consciousness, a growing preference for natural and renewable solvents, and the expanding demand from the personal care and pharmaceutical industries are the main factors propelling the citrus solvents market. Technological advancements in extraction and purification also contribute to market growth. Opportunities exist for developing bio-based citrus solvents for use in cosmetics and food packaging. Recent trends show a shift towards sustainability, with a focus on biodegradable and non-toxic solvents. Citrus solvents are becoming more and more in demand for cleaning applications in a variety of industries, such as electronics and automobiles.
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Restraints:
The citrus solvents industry is constrained by a number of factors. A notable problem is the high production cost in comparison to synthetic solvents, which can discourage small enterprises from switching to citrus-based alternatives. Furthermore, the supply chain for citrus raw materials is subject to changes caused by climate conditions and farming techniques, which can lead to shortages. Regulations also have an impact on the market, as strict product composition rules might limit the spectrum of citrus solvent applications.
In 2024, North America accounted for the greatest portion of the worldwide citrus solvents market's revenue. This dominance stems from a robust industrial and manufacturing sector that uses citrus solvents extensively for paints and coatings, cleaning, and degreasing. Citrus solvents have become attractive substitutes for conventional chemicals due to strict environmental legislation and increased consumer awareness of the need for eco-friendly solvents. Some of the key market players are Archer Daniels Midland Company, Burdock & Associates, Ltd, Citrosuco S.A, Citrus Oleo, D-Limonene Company, and others.
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