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Industrial Solvent Market Expected to Grow at 7.1% CAGR from 2024 to 2030

08-27-2024 08:58 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Industrial Solvent Market

Industrial Solvent Market

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global industrial solvent market is driven by demand for pharmaceuticals, paints, and coatings, with solvents used primarily for dissolution, cleansing, degreasing, and purification. Hydrocarbon solvents are expected to grow due to stringent environmental regulations. Paints and coatings make up a significant portion of the market. Asia-Pacific leads in demand due to infrastructure development, while North America and Europe show growth through bio-based solvents.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/13078/

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

Industrial solvents, used in adhesives, sealants, and textile industries, account for half the market share in dissolution. Growing demand for pharmaceuticals, paints, and coatings drives market growth, while bio-green substitutes challenge conventional solvents due to their lower VOC emissions.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The Asia-Pacific region's rapid growth in residential and infrastructure sectors drives high solvent demand for painting and coatings, making it the largest market. Meanwhile, North America and Europe show growth in bio-based solvents due to stringent environmental regulations.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/13078/

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2023: USD 47.8 Bn.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2030: USD 77.25 Bn.

๐‚๐€๐†๐‘: 7.1% (2024-2030)

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐๐ž๐ซ๐ข๐จ๐: 2024-2030

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2023

Number of Pages: 239

๐๐จ. ๐จ๐Ÿ ๐“๐š๐›๐ฅ๐ž๐ฌ: 120

๐๐จ. ๐จ๐Ÿ ๐‚๐ก๐š๐ซ๐ญ๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ:116

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž North America, Europe, Asia Pacific, Middle East and Africa, South America

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Esters
Alcohols
diols & glycols
D-Limonene
Hydrocarbon

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž

Adhesives & Sealants
Printing Ink
Industrial & Domestic Cleaners
Paints & Coatings
Cosmetic
Pharmaceutical

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/13078/

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐’๐จ๐ฅ๐ฏ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Royal Dutch Shell Plc
Lyondell Basell Industries N.V.
ExxonMobil Corporation
Celanese Corporation
Ashland Group Holdings Inc.
Eastman Chemical Company
7. Huntsman Corporation
Solvay SA
Honeywell International
BASF SE
Royal Dutch Shell Plc
The Dow Chemical Company
Maruzen Petrochemical
Shell Chemicals
Solvay Chemicals
MARUKASOL FH
BioAmber Inc.
Myriant Corporation
Cargill Incorporated
Gevo Inc.
Vertec Bio solvents Inc.
Florida Chemicals
Lyondellbasell
E.I du Pont de Numerous and Company
Sasol

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/industrial-solvent-market/13078/

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

The ๐‚๐ž๐ฆ๐ž๐ง๐ญ ๐๐š๐ข๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 13.41 Billion in 2023 and the total Cement Paints Market size is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 20.9 Billion by 2030. The largest importers of cement paints are Ukraine with 20393 shipments, followed by Russia with 5237 shipments. Moldova is in third place with 2849 shipments.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/cement-paints-market/257115/

The ๐‚๐š๐ฅ๐œ๐ข๐ฎ๐ฆ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 1.7 billion in 2023 and is expected to reach USD 2.3 billion by 2030, at a CAGR of 4.41%. North America holds a significant share of the calcium chloride market, driven by the growing construction sector and high demand for de-icing products.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/calcium-chloride-market/257446/

๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž ๐’๐ž๐ฌ๐ฌ๐ข๐จ๐ง ๐๐จ๐ซ๐๐ž๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach nearly US$ 912.64 Mn by 2029 with the CAGR of 8.12% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-enterprise-session-border-controller-market/38638/

๐ˆ๐ง๐๐ฎ๐œ๐ญ๐ข๐ฏ๐ž ๐’๐ฐ๐ข๐ญ๐œ๐ก๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach nearly US$ 20.57 Bn by 2029 with the CAGR of 7.5% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/inductive-switches-market/77405/

๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐€๐ฏ๐ข๐š๐ญ๐ข๐จ๐ง ๐‚๐ซ๐ž๐ฐ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach nearly US$ 3.70 Bn by 2029 with the CAGR of 8.41% during the forecast period. The aerospace industry has witnessed the drastic growth in the air traffic because of the exponential increase in air travelers and fleet intervention.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/commercial-aviation-crew-management-system-market/53917/

๐๐ข๐จ๐ฅ๐ข๐ช๐ฎ๐ข๐ ๐‡๐ž๐š๐ญ ๐š๐ง๐ ๐๐จ๐ฐ๐ž๐ซ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach nearly US$ 3.69 Bn. by 2029 with the CAGR of 7% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/bioliquid-heat-power-generation-market/816/

๐’๐ฆ๐š๐ซ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach US$ 4.68 Bn by 2029, growing at a CAGR of 10.12% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-smart-transformers-market/1235/

๐‹๐ข๐ง๐ค๐ž๐๐ข๐ง ๐๐จ๐ฌ๐ญ

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7232333203749896193-hWQW?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7232695597491752960-bGcL?

utm_source=share&utm_medium=member_desktop https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7232725788326805504-T7lu?

utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/pulse/pedestrian-bridge-market-set-significant-growth-design-falguni-limhan-mmmif/

https://www.linkedin.com/pulse/rising-construction-manufacturing-activities-drive-global-limhan-7bk4f/?published=t

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.

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A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworksโ€ฆ
01-30-2025 | Advertising, Media Consulting, โ€ฆ
Market Insights Research
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomicโ€ฆ
11-15-2023 | Industry, Real Estate & Constr โ€ฆ
Fact.MR
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion. These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membraneโ€ฆ
01-11-2023 | Health & Medicine
Ameco Research
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantialโ€ฆ
02-25-2022 | Health & Medicine
Transparency Market Research
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States. Despite challenges such as training for newโ€ฆ