openPR Logo
Press release

Aprotic Solvents Market 2023: DowDuPont (US), BASF SE (Germany), Mitsui Chemicals, Inc (Japan), The Chemours Company (US), INEOS (UK), Eastman Chemical Company (US), Royal Dutch Shell PLC (Netherlands)

Aprotic Solvents Market Research Report – Global Forecast till 2023

Aprotic Solvents Market Research Report – Global Forecast till 2023

Aprotic Solvents Market Information: By Source (Bio-Based, Synthetic), By Type (N-Methyl-2-Pyrrolidone, Chloroform, Benzene), By End-Use Industries (Chemical, Healthcare, Oil & Gas, Electronics, Others), By Region – Global Forecast till 2023

Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7158

Market Synopsis:

Solvent that cannot suitably donate hydrogen atom and lack an acidic hydrogen is known as aprotic solvents. They possess high polarity, high dipole moment, low skin penetration, high stability towards strong acidic conditions, and large dielectric constant. Ethanol, acetic acid, methylamine, propylene, and acetylene are among the few raw materials that are required for producing aprotic solvents. Its high boiling point, chemical stability, and thermal stability makes it a versatile solvent.

Aprotic solvents are widely used in numerous applications such as industrial cleaning, electronics, aromatic extraction, fracking in petroleum industries, cosmetics, production of pharmaceuticals, paint stripping, drug delivery systems, fracking fluids, and agrochemical formulations. It is used in variety of end-use industries such as healthcare, oil & gas, chemical, electronics, and others.

Some of the most abundantly used aprotic solvents are N-methyl-2-pyrrolidone, chloroform, benzene, toluene, and acetone. They can be derived from natural as well as synthetic sources. N-methyl-2-pyrrolidene is extensively used in the oil & gas industry in liquefication process and are also used during the drilling operations in oil & gas industry, which helps to increase the quantity of hydrocarbons during oil drilling operations. The growing use in oil & gas industry is majorly driving the aprotic solvents market. In addition, aprotic solvents offer homogeneous dispersion and stability to the creams, ointments, lotions, and liquids. This owes to its increased used in pharmaceutical industry. The rapid growth of pharmaceutical industry across the globe is driving the aprotic solvents industry with high efficiency.

Prominent players in this industry adopt various growth strategies to increase their market share. For instance, in June 2018, The Dow Chemical Company, subsidiary of DowDuPont Inc, announced a series of incremental investments to double its glycol ether production capacity. This expansion was carried out to meet the growing demand for glycol ether across the globe.

However, there is a rise in demand for substitutes of aprotic solvents which are non-toxic and environmentally friendly when compared to aprotic solvents. Additionally, the stringent environmental regulations are expected to restrain the growth of aprotic solvents during the forecast period.

Market Segmentation:

The global aprotic solvents market has been segmented based on source, type, end-use industry, and region.

On the basis of source, global aprotic solvents market has been classified into bio-based and synthetic.

Based on type, global aprotic solvents market has been divided into N-methyl-2-pyrrolidone, benzene, toluene, acetone, chloroform, and others.

The global aprotic solvents market has also been segmented on the basis of end-use industries into chemical, healthcare, oil & gas, electronics, and paints & coatings.

Regional Analysis:

Global aprotic solvents market has been analyzed across five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia-Pacific held the largest market share in the global aprotic solvents market in 2017. The regional market for aprotic solvents witnessed highest growth owing to the rapid growth of oil & gas and healthcare industries. This region is expected to show strong growth during the coming years.

North American market constituted second-largest share in the global aprotic solvents market in 2017, attributing to the burgeoning demand for aprotic solvents in the paints & coatings and chemical industries. The region is projected to show remarkable growth during the review period.

European market is projected to grow at a faster pace during the forecast period. High growth of healthcare and chemical industries in this region are attributing to the growing demand for aprotic solvents.

Latin American market is estimated to grow at a moderate rate during the foreseen years, due to the ever-growing healthcare industry and the increasing demand from pharmaceutical industry.

The Middle East & Africa market is expected to show steady growth in the review period, owing to the increased demand from oil & gas industries of this region.

Access Full Report @ https://www.marketresearchfuture.com/reports/aprotic-solvents-market-7158

Key Players:

DowDuPont (US), BASF SE (Germany), Mitsui Chemicals, Inc (Japan), The Chemours Company (US), INEOS (UK), Eastman Chemical Company (US), Royal Dutch Shell PLC (Netherlands), Celanese Corporation (US), Mitsubishi Chemical Corporation (Japan), Ashland Inc (US), and Asahi Kasei Corporation (Japan) are some of the prominent players at the forefront of the competition in the global aprotic solvents market

Intended Audience:

Manufacturers and producers of aprotic solvents
Traders of aprotic solvents
Raw material suppliers
Research and development organizations
Nationalized laboratories

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aprotic Solvents Market 2023: DowDuPont (US), BASF SE (Germany), Mitsui Chemicals, Inc (Japan), The Chemours Company (US), INEOS (UK), Eastman Chemical Company (US), Royal Dutch Shell PLC (Netherlands) here

News-ID: 1649064 • Views:

More Releases from Market Research Future - MRFR

Humic Acid Market Expected to Hit USD 1.14 Billion by 2032 with a Remarkable 10.69% CAGR
Humic Acid Market Expected to Hit USD 1.14 Billion by 2032 with a Remarkable 10. …
Humic acid is an organic substance formed through the natural decomposition of plant and animal matter in the soil. It is a key component of humic substances, which also include fulvic acid and humin. Known for its ability to improve soil fertility, enhance nutrient uptake, and stimulate plant growth, humic acid has become an essential input in modern agriculture. Beyond agriculture, it finds applications in horticulture, dietary supplements, animal feed,
Caustic Soda Market Poised to Growth USD 77.98 Billion by 2032 with Thriving CAGR of 6.10%
Caustic Soda Market Poised to Growth USD 77.98 Billion by 2032 with Thriving CAG …
Caustic soda, also known as sodium hydroxide (NaOH), is one of the most widely used industrial chemicals in the world. It is a strong alkali with highly corrosive properties, commonly produced via the chlor-alkali process along with chlorine and hydrogen as co-products. Caustic soda plays a vital role across multiple industries, including pulp and paper, textiles, alumina refining, soaps and detergents, water treatment, food processing, and chemicals manufacturing. The global caustic
Trenchless Pipe Relining Market Set to Grow at an Impressive CAGR of 12.9% Through 2034 | USD 342.15 Billion
Trenchless Pipe Relining Market Set to Grow at an Impressive CAGR of 12.9% Throu …
Trenchless pipe relining is an advanced method of repairing and rehabilitating existing pipelines without the need for extensive excavation. It involves inserting a liner coated with resin into a damaged or corroded pipe, curing it in place, and forming a new structural lining that restores functionality and extends the pipe's service life. This technology has gained significant traction as an efficient, cost-effective, and environmentally friendly alternative to traditional open-cut pipe
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till Forecasts 2035
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till …
The explosives market encompasses the production, distribution, and application of energetic materials used across a wide range of sectors - from mining, quarrying, and construction to defense, demolition, and special industrial applications. Explosives are engineered formulations designed to release energy rapidly and are typically classified by sensitivity, velocity of detonation, and intended use. While military applications attract attention for their strategic importance, commercial explosives for mining and infrastructure development constitute

All 5 Releases


More Releases for Aprotic

Aprotic Solvents Market Poised for Tremendous Growth from 2025 to 2032
Latest Market Overview The global aprotic solvents market was valued at USD 18.2 billion in 2024 and is projected to reach USD 26.8 billion by 2032, growing at a CAGR of 4.9% during the forecast period. Aprotic solvents, known for their chemical stability and high solvency power, are witnessing increased demand across industries such as pharmaceuticals, electronics, and paints & coatings. The expanding pharmaceutical and electronics sectors are critical contributors to
Aprotic Solvents Share, Growth Analysis And Revenue Forecast 2024 To 2033
The aprotic solvents market size has grown marginally in recent years. It will grow from $20.27 billion in 2023 to $20.59 billion in 2024 at a compound annual growth rate (CAGR) of 1.6%. The growth in the historic period can be attributed to chemical manufacturing growth, industrial solvent usage, polymer and resin production, growing automotive sector, electronics manufacturing. The aprotic solvents market size is expected to see steady growth
Global Aprotic Solvents Market Comprehensive Study: Forecasted Market Size And G …
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2094 The Business Research Company offers in-depth market insights through Aprotic Solvents Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments. Market Size And Growth Forecast: The aprotic solvents market size has grown marginally in recent years. It
The Aprotic Solvents Market Report (2019-2026): Opportunities, Challenges, Strat …
The Aprotic Solvents Market Report (2019-2026): Opportunities, Challenges, Strategies, Forecasts Global Market Monitor recently published a market research report on Aprotic Solvents, which studied Aprotic Solvents industry outlook, competitive situation, regional market analysis, type & application segment analysis, and market trend forecast by 2026. The global Aprotic Solvents market size is expected to reach USD 16.2 billion by 2025. Asia Pacific is expected to be the fastest-growing region, where the industry is
Aprotic Solvents Market Size, Share | Industry Report 2024
The global aprotic solvents market is expected to value 16.9 billion USD in the year 2016 as compared to 15.23 billion USD in the year 2015. Global solvents market is emerging due to end-user industries demand such as Oil and Gas, Pharmaceuticals, Paints and coatings, Electronics. This demand is driving the increase in compound annual growth rate (CAGR), for example Pharmaceutical sector alone is expected to grow at a
Aprotic Solvents Market Professional Survey Research Report 2025
Global Aprotic Solvents Market: Overview Aprotic solvents are those that cannot donate hydrogen in a reaction. The global market for aprotic solvents is poised to rise at a significant growth rate in the foreseeable future owing to the burgeoning demand from the end-user industries. Some of the commonly used solvents are acetone, benzene, chloroform, hexane, and toluene. They are primarily used across end-user industries such as electronics, oil and gas,