Solvent Market By Source 2021 | IndustryARC
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Solvent Market
Solvent Market: By Source (Natural, Derived and Others); By Type (Organic, Inorganic and Others); By End User Industry (Chemical, Oil and Gas and Others); By Geography - Forecast (2016-2021)
Report Code : CMR 0237
Updated Date: 22 March, 2016  

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Solvent is an organic or inorganic substance that can dissolve solute, resulting in formation of solution. Apart from dissolving, solvents are used to suspend or extract other materials. Solvents are mostly used in paints, varnishes, inks, perfumes, dry cleaning, printing and many others. Many solvents are used for industrial cleaning process. Industrial solvents are toxic in nature and can penetrate into bloodstream or central nervous system. In the field of research, solvents are used in many technological processes.

The Global Solvent Market can be segmented by sources, types and end user industry. On basis of source of solvent, the market can be classified as natural, derived sources and others. Derived sources can be of petroleum or synthetic sources. There are two types of solvents namely, organic and inorganic solvents. Organic solvents can be divided as hydrocarbon solvents, oxygenated solvents, halogenated solvents and others.  Inorganic solvents are water, liquid ammonia, sulfuryl chloride fluoride and so on. Solvents have huge applications in the field of pharmaceutical, oil and gas, chemical and other industries.

The global market for solvents was $xx bn in 2015. The global market for solvents is estimated to grow at a CAGR of xx% and is forecast to reach $xx bn by 2021. Use of solvents in the extraction process of natural gases and fuels are tremendously increasing in the oil and gas industry. Solvents are used in the pharmaceutical industry to make drugs in the production stage. Inclination towards the use of bio-based products by government and public, prove to be the imminent prospects for the natural solvents market. Yet, price has been acting as a barrier which restricts the growth of this market.

Solvent Market

The market has been segmented on basis of geography as APAC, Americas, Europe and RoW. Asia is the leading market for solvents followed by Americas, Europe and RoW. Asian countries such as China, Japan and India have witnessed a potential growth. Europe and Americas also have considerable shares in the Global Solvents Market. The increasing demand of solvents in Europe is driven mainly by the automobile sector.

The major driving factors of the solvent market are the emerging economies in the Asia-Pacific region as it holds for approximately half of the demand for solvents market. The emerging construction activities and automobile industries, with no stringent environmental regulations promote the demand for the solvents market in this region and have made it an industrial hub, as numerous companies are setting up new plants to seek out and tap the high growth markets. Availability of cheap labor and raw materials like petrochemical feedstocks, are yet, other major factors which fascinate producers in this region. On the contrary, North America and Europe have myriad set of environmental regulations that show brilliant opportunities for bio-based solvents, which is mainly attributed to the growing concerns over the presence of VOCs in solvents.

Sample Companies Profiled in this Report are:
  • BASF SE (Germany)
  • The DOW Chemical Company (U.S.)
  • Celanese Corporation (U.S.)
  • Exxon Mobil Corporation (U.S.)
  • Honeywell International Inc. (U.S.)
  • 10+.
1. Market Overview
2. Executive Summary
3. Solvent Market Landscape

   3.1. Market Share Analysis
   3.2. Comparative Analysis
      3.2.1. Product Benchmarking
      3.2.2. End User Profiling
      3.2.3. Patent Analysis
      3.2.4. Top 5 Financials Analysis
4. Solvent Market Forces
   4.1. Market Drivers
   4.2. Market Constraints
   4.3. Market Challenges
   4.4. Attractiveness of the Solvent Industry
      4.4.1. Power of Suppliers
      4.4.2. Threats From New Entrants
      4.4.3. Power of Customers
      4.4.4. Threat From Substitute Product
      4.4.5. Degree of Competition
5. Solvent Market Strategic Analysis
   5.1. Solvent  Market - Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunity Analysis
   5.4. Product Life Cycle
   5.5. Suppliers and Distributors
6. Solvent Market -By Source
   6.1. Introduction
   6.2. Natural Sources
   6.3. Derived Sources
      6.3.1. Petroleum Sources
      6.3.2. Synthetic Sources
   6.4. Others
7. Solvent Market- By Type
   7.1. Introduction
   7.2. Organic Solvents
      7.2.1. Hydrocarbon solvents
      7.2.2. Oxygenated solvents
  Glycol ethers
      7.2.3. Halogenated solvents
      7.2.4. Others
   7.3. Inorganic Solvents
      7.3.1. Water
      7.3.2. Liquid Ammonia
      7.3.3. Sulfuryl Chloride Fluoride
      7.3.4. Others
8. Solvent Market- By End User Industry
   8.1. Introduction
   8.2. Pharmaceuticals
   8.3. Food and Beverage
   8.4. Agricultural
   8.5. Automotive
   8.6. Industrial Cleaning
   8.7. Oil and Gas
   8.8. Chemical
   8.9. Others
9. Solvent Market-By Geography
   9.1. Introduction
   9.2. Americas
      9.2.1. U.S.
      9.2.2. Canada
      9.2.3. Mexico
      9.2.4. Others
   9.3. Europe
      9.3.1. U.K.
      9.3.2. Germany
      9.3.3. Others
   9.4. Asia-Pacific (APAC)
      9.4.1. China 
      9.4.2. Japan
      9.4.3. Others
   9.5. Rest of The World (RoW)
10. Solvent Market Entropy
   10.1. New Product Developments
   10.2. Mergers and Acquisitions
11. Solvent Market-By Geography
   11.1. Introduction
   11.2. Americas
      11.2.1. U.S.
      11.2.2. Canada
      11.2.3. Mexico
      11.2.4. Others
   11.3. Europe
      11.3.1. U.K.
      11.3.2. Germany
      11.3.3. Others
   11.4. Asia-Pacific (APAC)
      11.4.1. China 
      11.4.2. Japan
      11.4.3. Others
   11.5. Rest of The World (RoW)
12. Solvent Market Entropy
   12.1. New Product Developments
   12.2. Mergers and Acquisitions
13. Company Profiles
   13.1. Neste Corporation
   13.2. Novacap
   13.3. Oxea Corporation
   13.4. Pallav Chemicals & Solvents Pvt. Ltd.
   13.5. Riwa Chemical Co., Ltd
   13.6. Sasol Ltd.
   13.7. Sonneborn, LLC
   13.8. Spectrochem
   13.9. Stoopen & Meeûs NV
   13.10. Sumitomo Chemical Corp
   13.11. Sunbelt Corp
   13.12. Sunrich Group
   13.13. The DOW Chemical Company
   13.14. The Solvents Company
   13.15. TOP Solvent Company Limited
   13.16. Total S.A
   13.17. Versalis spa
   13.18. Adhik Chemicals Pvt., Ltd
   13.19. Amritlal Chemaux Pvt., Ltd
   13.20. Anirox Pigments, Ltd
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"

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