Conference Abstract Book
Economic Viability Analysis A comprehensive economic analysis reveals that green extraction technologies offer long-term financial benefits despite higher initial investments. Economic Aspect Green Solvents Conventional Solvents Initial Investment Higher (specialized equipment, R&D) Lower (established infrastructure) Operational Costs Reduced (lower consumption, energy, waste) Higher (solvent purchase, disposal, energy) Regulatory Compliance Simplified (green chemistry alignment) Complex and costly (strict regulations) Market Value Premium pricing for "clean label" products Standard market pricing Waste Management Reduced costs (less hazardous waste) Higher disposal costs (hazardous waste) Green Solvents Market Growth CAGR: 8.7% with projected market of USD 3.9B by 2032 Long-term Economic Benefits Reduced solvent consumption and waste management Enhanced product quality and market differentiation Regulatory compliance advantages 15/17
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