Global Solvent Market Potential Analysed in New Topical M&M Report Available at MarketPublishers.com17 Feb 2014 • by Natalie Aster
LONDON – The world solvents market is primed to post 5% CAGR during 2014-2018 to reach nearly USD 43.5 billion towards the end of the forecast period. With its fast developing industry sectors (especially car and construction) and flourishing economy, APAC boasts being the biggest solvents consumer; its demand for the product is poised to show the second-highest (after North America) growth rate over the next five years. The absence of strict environment protection standards is highly responsible for driving conventional solvents demand up in the region. In North America and Europe there is an enhanced preference towards bio-based products’ utilisation. Nevertherless, the growth of the green solvent marketplace is curbed by performance barriers and prices. Additionally, it will likely take some ten years for bio-based products to be fully commercialised worldwide. Conventional solvents grab over 90% of the total solvents demand. Solvents are mostly used in the making of paints and coatings.
New study “Solvent Market by Type (Ketones, Esters, Aromatics, Alcohols), Application (Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care) & Source - Global Trends & Forecast to 2018” prepared by MarketsandMarkets (M&M) covers the global solvent industry.
The research report offers an exhaustive assessment of the worldwide solvent market (by volume and value) based on source, type, application, and geography. It examines the variety of trends shaping and regulating the market, contains valuable information on how to establish the most productive growth strategy in the market. It casts light on the key drivers, obstacles, challenges, opportunities, winning imperatives and pressing issues in regard to the solvent market globally and by specific regions and countries. The study enlarges upon the competitive scenario (analysis of companies by solvent type, strategic developments, the most active participants’ capacity expansions, retrenchment, new product developments, acquisitions, etc.) and offers profiles of the top 10 companies, including Ashland, Huntsman Corporation, Celanese, Eastman Chemical Company, BASF, ExxonMobil, Honeywell, Ineos, LyondellBasell, Sasol, Shell Chemicals, and Solvay. Furthermore, the report includes a detailed market development forecast till 2018.
Solvent Market by Type (Ketones, Esters, Aromatics, Alcohols), Application (Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care) & Source - Global Trends & Forecast to 2018
Published: February, 2014
Price: US$ 4,650.00
More new reports by the publisher can be found at M&M page.