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High Purity Solvent Market Analysis, Major Segments, Future Opportunities And Forecast 2023-2032: Exxon Mobil Corporation, BASF SE, Asahi Kasei Chemicals company, Linde plc
High Purity Solvent Market
As per the high purity solvent market report by The Business Research Company, the increasing demand for paints and coatings is expected to propel the growth of the high purity solvent market going forward. Paints and coatings refer to a liquid, liquefiable, or solid mastic material that solidifies after being applied to a substrate in a thin layer. High purity solvents are used to dissolve various components used in paint and coating formulations. For instance, in June 2021, according to the American Coatings Association, a US-based non-profit organization, the United States coating industry is contributing significant revenues to the US economy by exporting over $2.2 billion in coating products.
The global high purity solvent market size grew from $50.98 billion in 2022 to $55.6 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The high purity solvent market size is expected to grow to $77.17 billion in 2027 at a CAGR of 8.5%.
Read More On The High Purity Solvent Market Report Here:
https://www.thebusinessresearchcompany.com/report/high-purity-solvent-global-market-report
Major competitors in the high purity solvent market include Exxon Mobil Corporation, BASF SE, Asahi Kasei Chemicals company, Linde plc, Thermo Fisher Scientific Inc., The Dow Jones Industrial Average, Evonik Industries AG, The Merck Group, Tedia Company, Mitsubishi Chemical Corporation.
The high purity solvent market is segmented -
• By Type: Acetone, Acetonitrile, Dimethyl Sulfoixde, Other Types
• By Category: Polar Solvent, Non-Polar Solvent
• By Applications: Liquid Crystal Displays, Lithium-Ion Batteries, Electroplating, Polymer Resins, Catalysts, Other Applications
• By End-User: Pharmaceutical, Chemicals, Cosmetics and Personal Care, Food and beverages, Agriculture, Paints and Coatings, Biotechnology, Electrical and Electronics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the high purity solvent market.
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The high purity solvent market consists of sales of methyl alcohol, butyl alcohol, and 2,2,4-trimethylpentanemethyl alcohol. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The High Purity Solvent Market Include:
1. Executive Summary
2. High Purity Solvent Market Characteristics
3. High Purity Solvent Market Trends And Strategies
4. High Purity Solvent Market - Macro Economic Scenario
5. High Purity Solvent Market Size And Growth
6. High Purity Solvent Market Segmentation
.............
27. High Purity Solvent Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Purity Solvent Market
29. High Purity Solvent Market Future Outlook And Potential Analysis
30. Appendix
The "Global High Purity Solvent Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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