Press release
North America Specialty Solvents Market is Projected to be Valued at US$ 51.2 Bn by 2022
Currently, the North America specialty solvents market is mainly driven by factors such as growing overall chemical industry output and consumption of these chemicals across various industries, increasing demand from the pharmaceuticals industry, and surge in overall industrial output. However, factors such as distribution channel and supply chain infringement and decreasing profit margins as a result of increasing market competition are some of the major challenges expected to be faced by market players in North America specialty solvents market during the forecast period.
Request to view table of content @
https://www.persistencemarketresearch.com/toc/10712
The North America specialty solvents market is segmented on the basis of country, end-use, and product type. On the basis of country, the North America specialty solvents market is segmented into the U.S. and Canada. The U.S. market for specialty solvents is expected to be the largest contributor to the overall North America market in terms of value share, followed by Canada, by 2015 end. The U.S. market is also expected to be the fastest growing market over the forecast period (2016-2022). Growth of the U.S. specialty solvents market is primarily attributed to the growth of end-user industries such as building and construction, pharmaceutical and personal care, food & beverages, etc.
On the basis of product type, the market is segmented into ten major segments, namely, alcohol, aliphatic hydrocarbon, amine, aromatic hydrocarbon, chelating agents, chlorinated solvents, ester, ether, fatty chemicals, and ketone. In terms of value, the ether segment is expected to emerge as the fastest growing segment in the North America specialty solvents market, reaching a market value of around US$ 4.3 Bn by 2022 end, expanding at a CAGR of 6.0% over the forecast period.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/10712
On the basis of end-use, the market is segmented into plastic & rubber, electronics & IT, food & beverages, pharmaceuticals & personal care, building & construction, automotive, agriculture, mining, oil & gas, household, industrial & institutional (HI & I) and others. The electronics & IT segment is expected to emerge as the fastest growing segment, by end-use, in the North America specialty solvents market over the forecast period.
Key players included in this study on the North America specialty solvents market include BASF SE, Bayer Group, Akzonobel N.V., The Dow Chemical Company, LyondellBasell Industries Holdings B.V., E.I. duPont de Nemours and Company, Mitsui Chemicals, Braskem SA, PPG Industries, and Eastman Chemical Company.
Buy North America Specialty Solvents Market Report@ https://www.persistencemarketresearch.com/checkout/10712
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 North America Specialty Solvents Market is Projected to be Valued at US$ 51.2 Bn by 2022 here
News-ID: 805535 • Views: …
More Releases from Persistence Market Research
Intelligent Automation Market to Reach US$ 25.8 Billion by 2033 Driven by AI, Cl …
The global Intelligent Automation Market is projected to be valued at US$ 12.6 billion in 2026 and is forecast to reach US$ 25.8 billion by 2033, expanding at a CAGR of 10.8% during 2026-2033. Growth is primarily driven by rapid advancements in artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and cloud computing technologies. Businesses across sectors are increasingly integrating intelligent automation solutions to enhance operational efficiency, reduce…
Natural Food Preservatives Market to Reach $986M by 2033 Driven by Clean Label D …
The global natural food preservatives market is poised for significant expansion over the coming decade, driven by increasing consumer demand for clean-label, minimally processed, and safe food products. Current market estimates place the global natural food preservatives market at US$ 598.3 million in 2026, with projections indicating a rise to US$ 986.2 million by 2033. This trajectory reflects a compound annual growth rate (CAGR) of 7.4% during the forecast period…
Location-Based Services (LBS) Market Set to Surpass US$150 Billion by 2033 Amid …
The global Location-Based Services (LBS) Market is projected to be valued at US$ 44.2 billion in 2026 and is expected to reach US$ 150.2 billion by 2033, expanding at a remarkable CAGR of 19.1% during 2026-2033. This strong growth trajectory reflects the rapid digitization of industries, increasing smartphone penetration, and advancements in GPS and 5G connectivity. The LBS ecosystem has evolved beyond basic navigation into a sophisticated framework powering real-time…
Cocoa Fiber Market to Reach US$696.8M by 2033 at 7.6% CAGR, Driven by Clean-Labe …
The global cocoa fiber market is poised for significant expansion over the forecast period, driven by rising demand for functional food ingredients, clean-label formulations, and sustainable by-product utilization within the cocoa processing industry. The market is expected to grow from US$ 417.3 million in 2026 to approximately US$ 696.8 million by 2033, reflecting a healthy compound annual growth rate (CAGR) of 7.6% from 2026 to 2033. This strong growth trajectory…
More Releases for North
Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need.
Whether you're moving…
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032.
Biosimulation, which involves the use of…
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png
Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community.
North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the…
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay.
Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing…
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada.
Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the…
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally.
Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.…
