Solvents Market - Detailed Analysis by On-going Trends, Prominent Size, Share, Sales and Forecast to 2025
KD Market Insights (KDMI) recently published market research report on the Global Solvents market, this market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights into the market research report. The report on global Solvents market demonstrates the important aspects that are anticipated to shape the growth of the market over the forecast period. The study also includes the analysis of the market size & forecast for the different segments and geographies.
The global Solvents market is anticipated to reach at a notable value by the end of 2025. The market is envisioned to grow at a considerable CAGR over the forecast period i.e. 2020-2025. In the past years, the market has grown at a significant rate and is projected to showcase a lucrative growth in the upcoming years.
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The growth of this market is attributed towards major pertaining factors including the upscaling demand of solvents from paints, coating, printing inks, pharmaceutical, adhesives, and other end-use sectors, high demand for solvents from home care and personal care products as well as from agricultural chemicals applications, the increasing environmental regulations for greener substitutes in developed countries for producing them at lower emissions and less toxicity, rising environmental concerns leading to stringent regulation on the emission of VOC compounds and the robust growth in the construction sector, particularly in emerging countries.
The study for global Solvents market covers the key market growth indicators such as value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the KDMI’s research report along with macroeconomic indicators & forecast factors. Also, the analysis of Porter’s Five Forces demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Solvents market.
Impact of Coronavirus Disease (COVID-19) on Global Solvents Market
The coronavirus or COVID-19 (formerly 2019-nCoV) broke out in December 2019, which has been imposed as a medical emergency worldwide. More than 213 countries and territories have reported cases of coronavirus to date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. The study explains the impact of coronavirus disease (COVID-19) on global Solvents market, covering the following points:
- Impact analysis of COVID-19 on the global Solvents market in the upcoming years.
- Detailed research regarding each region & countries will be listed, to identify the issues caused by the coronavirus disease on the market.
- Strategies adopted by the major & prominent market players in order to survive in the situation of COVID-19 lockdown.
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Key Insights Covered in the Global Solvents Market Report
Analysis of market including the market forecast, Y-o-Y growth and structure of the industry.
Leading market growth factors, market trends and upcoming opportunities driving the growth of the market.
Identifying the barriers & threats hindering the market growth.
Detailed analysis of major & prominent players in the market & also covering a comprehensive analysis of the company’s business and performance.
Various market activities covering the market research report including product launch, innovation, acquisition, expansion, technological advancement, research & development & other market activities.
Segment Outlook
The global Solvents market is segmented (By Source, By Product Type and By Application). This market research report offers comprehensive data and information about the global Solvents market dynamics & growth parameters related to these categories. Further, the market is sub-segmented as follows:
By Source:
Petrochemical
Bio-based
By Product Type:
Oxygenated Solvents
Alcohols
Glycols
Glycol Ethers
Ketones
Esters
Hydrocarbon Solvents
Aliphatic Solvents
Aromatic Solvents
Halogenated Solvents
Acetic Acid
By Application:
Paints & Coatings
Printing Inks
Metal Cleaning
Personal Care
Polymer Manufacturing
Pharmaceuticals
Adhesives
Agricultural Chemicals
Others
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Regional Prospect
In terms of geography, the market for Solvents is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition to this, further classification of market data and analysis of region into countries is covered in the report. Further, the geographies are fragmented into the regional & country groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The market research report on the global Solvents market also provides the detailed strategic analysis of the company’s business and performance including the financial information, revenue breakup by segment and by geography, SWOT Analysis, key factors, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news and other market activities. The market research report also provides company’s positioning and market share of the major & niche key market players in global Solvents market. In addition to this, the report also profiles various major & niche key market players in the global Solvents market including:
Archer-Daniels-Mildland
Exxon Mobil Corporation
Shell Chemicals
Celanese Corporation
Eastman Chemical Company
LyondellBasell Industries Holdings
Ashland Global Holdings Inc.
Maruzen Petrochemical Co. Ltd
Huntsman Corporation
Royal Dutch Shell Plc
The Dow Chemical Company
Honeywell International Inc.
INEOS AG
BASF SE
Solvay Chemicals
Other Players
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