Deep Eutectic Solvents Market growing at a CAGR of 14.5% from 2025 to 2030

Key Market Trends & Insights

• Asia Pacific dominated the deep eutectic solvents market with the largest revenue share of 40.4% in 2024.
• China is the dominant DES market within Asia Pacific region.
• Based on product, the organic salts + metal salts segment held the largest revenue share of 71.5% of the DES market in 2024.
• By end use, the chemical & materials industry segment held the largest revenue share in 2024.

Market Size & Forecast

• 2024 Market Size: USD 166.5 Million
• 2030 Projected Market Size: USD 374.2 Million
• CAGR (2025-2030): 14.5%
• Asia Pacific: Largest market in 2024
• Europe: Fastest growing market

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DES is a class of environmentally benign solvents formed by mixing a hydrogen bond acceptor (HBA) and a hydrogen bond donor (HBD), which results in a significant depression of the melting point. These solvents are seen as sustainable and cost-effective alternatives to traditional organic solvents. The demand for environmentally friendly and sustainable chemical processes is a major driver of the global deep eutectic solvent industry. These solvents are gaining attention as a viable alternative to traditional organic solvents and ionic liquids due to their low volatility, non-toxicity, and biodegradability. As industries face increasing regulatory pressure to minimize the use of hazardous substances, especially volatile organic compounds (VOCs), there is a growing shift toward green solvents.

DES offers a safer and more sustainable option, aligning global sustainability goals and regulatory frameworks such as REACH and EPA guidelines. In addition to their environmental advantages, DES is relatively easy and cost-effective to synthesize, often using readily available bio-based components. This economic advantage makes them appealing across various sectors, including pharmaceuticals, cosmetics, food processing, and metal extraction. Furthermore, ongoing research into new DES formulations and their potential uses, such as in electrochemical systems, CO₂ capture, and biocatalysis, is expanding their industrial applicability. As innovations continue to improve performance and scalability, the adoption of DES is expected to accelerate across mature and emerging markets.

Market Concentration & Characteristics

The deep eutectic solvent market growth is high, and the pace of growth is accelerating. The market is characterized by a high degree of innovation, driven by academic research, public-private partnerships, and a push for sustainable alternatives to conventional solvents. New formulations are being developed for specific industrial needs such as metal recovery, pharmaceutical processing, and energy storage. For instance, in Dec 2023, researchers supported by the National Natural Science Foundation of China developed a novel ultra-microporous carbon material doped with nitrogen and oxygen using DES-assisted hydrothermal carbonization (DES-HTC) and KOH activation of microalgae. This material exhibited exceptional CO₂ adsorption capacity (4.37 mmol/g at 25°C), pushing it toward commercialization. Innovations are focused on improving solvent performance, biodegradability, and applicability in challenging chemical environments. As DES are highly tunable, this opens vast room for tailored innovation, giving companies the opportunity to differentiate based on proprietary formulations and novel uses.

The global deep eutectic solvents market is currently fragmented in nature. It consists of a mix of small to medium-sized companies, research-focused start-ups, and a few established chemical firms. No single company holds a dominant market share, as the market is still in its early developmental phase. A limited number of players are engaged in large-scale commercial production, while the majority are involved in research, niche applications, or custom formulations. This fragmentation reflects the experimental stage of DES commercialization and the diversity of potential application areas still being explored.

Deep Eutectic Solvents Market Report Scope