Solvent Market By 2025: BP, Solvay, INEOS, Shell, Arkema, Ashland, BASF, Eastman Chemical Company, Huntsman Corporation, Celanese, Chevron Phillips Chemical Company, ExxonMobil, The Dow Chemical Company

Global solvent market report studies the industry abilities for each geographical region based on the customer purchasing patterns, macroeconomic parameters, development rate, and market demand and supply states. It includes a comprehensive evaluation of the markets growth prospects and restrictions. Furthermore, it attempts to determine the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. The base year for calculation in the report is taken as 2017 the historic year is 2016 which will tell you how the solvent market is going to perform in the forecast years by informing you what the market definition, classifications, applications, and engagements are.

Solvent accounted to USD XX.XX million in 2017 growing at a CAGR of XX.XX% during the forecast period of 2018 to 2025. Global Solvent market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.


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Report Forecasting Global and Regional Analysis on Global Solvent Market By Type (Ketones, Esters, Alcohols, Glycol Ethers, Aromatics, Aliphatics) By Application (Paints & Coatings, Agricultural Chemicals, Pharmaceuticals, Adhesives, Printing Inks, Metal Cleaning, Personal Care, Rubber & Polymer).

Solvents once used can be discarded, reused or recycled in an eco-friendly manner. The main purpose of the solvent is to convert substances into a suitable form for a particular use, with its ability to dissolve, suspend or attract other materials. The global solvent market is fragmented with the presence of a large number of players across different regions. Some of the major players in solvent market include

· Royal Dutch Shell PLC

· Lyondellbasell Industries Holdings B.V.

· Huntsman Corporation

· Ashland Global Holdings Inc.

· BASF SE

· Exxonmobil Corporation

· Celanese Corporation

· Eastman Chemical Company

· Solvay SA

Others: Honeywell International Inc., Ineos AG, Arkema SA, BP PLC, Cargill Incorporated, Chevron Phillips Chemical Co., DOW Chemical Company, Flotek Industries Inc., Invista Sarl, Monument Chemical Inc., Olin Corporation, Top Solvent Co., Ltd. and many more. Major players Solvent Industry have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in Market.

There is a growing demand for solvent in paints & coatings, agricultural chemicals, pharmaceuticals, adhesives, printing inks, metal cleaning, personal care and rubber & polymer industrial activities which is expected to be one of the major drivers of the market over the next seven years.

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Major Market Drivers:

• Declining crude oil prices
• Increasing environmental and regulatory pressures and concerns over toxicity to human
• Growth in the construction and automotive sector


Market Restraint:

• High cost of green solvent production

Market Segmentation: Global Solvent Market
The solvent market is segmented on the basis of type into

· Ketones

· Esters

· Alcohols

· Glycol ethers

· Aromatics

· Aliphatics

On the basis of application, the market is segmented into

· Paints & coatings

· Agricultural chemicals

· Pharmaceuticals

· Adhesives

· Printing inks

· Metal cleaning

· Personal care

· Rubber & polymer and other

On the basis of geography, the solvent market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Study Insights

· The Study helps gains an insightful analysis for the solvent market and has a comprehensive understanding of the market while also provides its commercial landscape for the forecast period of 2018-2025.

· The study helps to learn about the market strategies that are being adopted by your competitors and leading organizations. And also helps to understand the future outlook and prospects for solvent market analysis and forecast 2018-2025.


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