Zion Research has release a new report titled “Solvents Market (Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated and Others) for Paints and Coatings, Printing Inks, Pharmaceuticals, Adhesives and Cosmetics and Other Applications – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global solvent market was valued at around USD 25.25 billion in 2014 and is expected to reach USD 31.50 billion in 2020, growing at a CAGR of slightly above 3.5% between 2015 and 2020. In terms of volume, the global solvents market stood at 18,900.0 kilo tons in 2014.
Solution formed by addition of a solvent substance into a solute. Inhalants or volatile substances are another names used for solvents. A solvent is commonly in a liquid form but can also be in a solid or a gas form. The process of dissolution of solute in a specific volume of solvent is depends upon temperature. Chemical, pharmaceutical, oil, and gas, chemical syntheses and purification processes are some of the major application markets for solvents. Non-polar, polar aprotic and polar protic solvents are some of the important types of solvents.
Browse the full “Solvents Market (Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated and Others) for Paints and Coatings, Printing Inks, Pharmaceuticals, Adhesives and Cosmetics and Other Applications – Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” report at:
The major driving factor for the global solvents market is strong demand from various end-user industries including paints and coatings, pharmaceutical. Revival of global economy with increasing demand from the construction and automobile industry is driving demand for solvents. However, volatile raw material prices and stringent environmental regulations are expected to remain major concerns for solvent manufacturers.
Alcohols, hydrocarbons, ketones, esters, chlorinated and others are some of the major product segment of solvents market. Alcohol based solvents was the largest product segment of solvents market in 2014. It accounted for over 305 share of the total volume consumed in 2014. Hydrocarbon-based solvent was the second largest product segment of solvents market in 2014. Hydrocarbon-based solvents market is expected to grow at a moderate pace in the years to come.
Paints and coatings, printing inks, pharmaceuticals, adhesives and cosmetics and other applications are some of the leading application markets for solvents. Paints and coatings was one of the leading application segments for solvents in 2014. It accounted for around for over 60% share of the total solvent volume consumed in 2014 and is expected to exhibit rapid CAGR between 2015 and 2020. Pharmaceuticals, adhesives and cosmetics are other important outlets for solvents. Construction and automobile is expected to exhibit fastest CAGR during the forecast period.
Browse 57 Market Tables and 23 Figures spread through 70 Pages and an in-depth TOC on “Solvents Market – Global Size, Shares, Trends, Segment & Forecast to 2020”
Get Sample Research Report at:
Asia Pacific dominated the global solvent market with over 40% share in total volume consumption in 2014. The solvent market in Europe will grow at a sluggish CAGR due to the mature nature of market. Europe is followed by North America. North America is expected to be exhibit significant growth in demand for solvent during the forecast period. Latin America and Meddle East & Africa are also expected to grow at a moderate pace.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global solvents market include Dow Chemical Company, Sasol Solvents, BASF SE, Celanese Corporation, Maruzen Petrochemical, Exxon Mobil Corporation, Shell Chemical, and Solvay Chemicals.
This report segments the global solvents market as follows:
Global Solvents Market: Product Segment Analysis
Global Solvents Market: Application Segment Analysis
- Paints and Coatings
- Printing Inks
- Adhesives and Cosmetics
Global Solvents Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Related Published Reports:
- Insulation Market:
- Pharmaceutical Packaging Market:
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Company Name: Market Research Store
Contact Person: Joel John
Address:3422 SW 15, Street Suit# 8138
City: Deerfield Beach
Country: United States