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Industrial Solvents Market anticipated to witness healthy CAGR over 2018-2024 | Key Players are Sigma-Aldrich, Total, LyondellBasell, INEOS, Sasol, LG Chem, Cargill, Solvay, Corbion, Celanese, DowDupont, Shell, BASF, Arkema, ExxonMobil, BP

Industrial Solvents Market

Industrial Solvents Market

Industrial Solvents Market may exceed USD 35 billion by 2024; according to a new research report. Increasing product usage in personal care, cosmetics and paints & coatings industries will stimulate industrial solvents market size. Growth in R&D investments towards product usage in skincare items will propel industry growth over the time period.

EPA has introduced rigorous solvent disposal method which has driven the industrial solvents market demand in North America region. Increasing sale of vehicles and use of adhesives & sealants in automotive has promulgated the product demand in automotive sector. The products are used in adhesives as they have no corrosive qualities and can be used on any material without a chemical reaction, thus propelling industry growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2706

Methyl soyate based green industrial solvents market size from adhesives application may witness gains at over 4.5% by 2024. The products are incorporated in automotive sector to control environmental pollution. Superior properties such as low toxicity, low evaporation rates, good flowability, anti-wear characteristics and natural multi-grade properties will create an upsurge in product demand.

Hydrocarbon industrial solvents market demand from paints & coatings application may surpass USD 4 billion by the end of forecast timeframe. Benzene, toluene and xylene have strong solvency and fast evaporation rate, thus enhancing its usage in paints & coatings industries. The products when applied in automotive paints & coatings, makes the vehicle water and dust resistant, thus stimulating industry growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. DowDupont
2. Shell
3. BASF
4. Arkema
5. ExxonMobil
6. BP
7. Honeywell
8. INDUSTRIAL SOLVENTS AND CHEMICALS PRIVATE LIMITED
9. Total
10. LyondellBasell
11. Maruzen Petrochemical Co., Ltd.
12. INEOS
13. Sasol
14. LG Chem
15. Cargill
16. Solvay
17. Sigma-Aldrich
18. Vertec Biosolvents, Inc.
19. Corbion
20. Celanese

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2706

North America driven by the U.S. oxygenated industrial solvents market demand is likely to witness significant gains at over 2.5% by the end of forecast period. Increasing demand for various cosmetic products owing to moisturizing properties is likely to drive product demand in the region. Growing demand for various skincare products which includes creams, lotions, makeup products may further fuel regional industry growth.

Europe green industrial solvents market size led by Germany, France and UK may surpass USD 1.5 billion by 2024. Shift in consumer preference towards eco-friendly and biodegradable products along with strict regulations to incur more of bio-based products and cut down production of synthetic products will drive regional industry growth.

Global industrial solvents market share is competitive and fragmented with key manufacturers including Honeywell, LyondellBasell, INEOS, BASF, Shell and DowDuPont. The companies are investing strongly on R&D to expand its bio-based product portfolio and making strategies for global presence.

Industrial Solvents Market, By Application

• Paints & Coatings
• Pharmaceuticals
• Printing Inks
• Household Care
• Cosmetics
• Adhesives
• Polymer
• Industrial Cleaning
• Extraction food products
• Agrochemicals
• Others

Browse key industry insights spread across 900 pages with 1269 market data tables and 51 figures & charts from the report, “Industrial Solvents Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/industrial-solvents-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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