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Solvents Market Size, Overview, Merger and Acquisitions , Drivers, Restraints and Industry Forecast By 2026 | Top Key Players- Dow Chemical, BASF SE, Exxon Mobil, etc.

solvents market size overview merger and acquisitions drivers restraints and industry forecast by 2026 top key players dow chemical basf se exxon mobil etc

iCrowdNewswire   Feb 2, 2021  7:00 PM ET

Solvents Market

Rising demand for solvents from emerging economies, favorable government regulations for the use of bio-based solvents are key factors contributing to high CAGR of Solvents Market during forecast period.

Market Size – USD 47.37 Billion in 2018, Market Growth – CAGR of 3.9%, Market Trends – Product launches and research for Solvents

According to the current analysis of Reports and Data, the global solvents market was valued at USD 47.37 Billion in 2018 and is expected to reach USD 64.32 Billion by year 2026, at a CAGR of 3.9%. The study covers in-depth analysis of solvents and discusses about its usage in various applications. A solvent is a liquid substance that allows other substances Solvents are very versatile, and can be produced or blended to meet very specific requirements, and to make products with optimal performance, including spray paints that dry quickly and don’t clog the spray nozzle; inks that don’t smudge; outdoor paints that look good and last a long time; and, strong cleaners that are good for tough jobs.

Solvents have many diverse uses—from paints and coatings, personal care products and pharmaceuticals to pesticides, cleaners and inks. Increasing demand for solvents from emerging economies, favorable government regulations for the use of bio-based solvents are some of the key factors propelling market growth in the industry. However, high concentrations of ground level ozone produced by organic solvents affect human, animal and plant health, crops, forest and thus posing a major hindrance for market growth during 2019-2026.

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Some of the players profiled in the report are Dow Chemical, LyondellBasell, Exxon Mobil, Eastman Chemical, Archer-Daniels-Mildland (ADM), Royal Dutch Shell Plc., BASF SE

The Global Solvents Market is segmented as follows:

Type (Revenue, USD Million; 2016–2026)

  • Oxygenated
  • Hydrocarbon
  • Halogenated

Application (Revenue, USD Million; 2016–2026)

  • Paints & Coatings,
  • Printing Inks
  • Polymer Manufacturing,
  • Cosmetics

Sources (Revenue, USD Million; 2016–2026)

  • Petrochemical
  • Bio-based

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Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Point Summary of the Report:

The global Solvents market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

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Key Coverage of the Solvents Market:

  • Insightful information regarding the global Solvents market
  • Identification of growth in various segments and sub-segments of the Solvents market
  • Strategic recommendations for investment opportunities
  • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
  • Emerging trends and current market segment analysis to help investors formulate new business strategies
  • Accelerates the decision-making process through the availability of the drivers and limitations

To summarize everything stated above, the report offers key insights into the Solvents market to allow the reader to gain a complete understanding of the Global Solvents Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Solvents Market.

Global Solvents Market: Table of Contents

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Solvents Market Segmentation & Impact Analysis

Continued……….

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