Solvent Market - Global Trends & Forecast to 2018 - PowerPoint PPT Presentation

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Solvent Market - Global Trends & Forecast to 2018

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Solvent Market by Type (Ketones, Esters, Aromatics, Alcohols), Application (Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care) & Source - Global Trends & Forecast to 2018 – PowerPoint PPT presentation

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Title: Solvent Market - Global Trends & Forecast to 2018


1
MarketsandMarkets Presents
  • Solvent Market
  • Global Trends Forecast to 2018

2
  • The solvent market is expected to grow at a CAGR
    of 5.0 over the next five years to reach 43.4
    billion, by 2018. Asia-Pacific, with its
    flourishing economy and rapidly expanding
    industrial sectors, is the leading consumer of
    solvents and will experience the highest growth
    in demand from 2013 to 2018, after North America.
  • The major driving factors of the solvent market
    are the emerging economies in the Asia-Pacific
    region as it accounts for nearly half of the
    global solvents demand. The growing construction
    and automobile industries with no strict
    environmental regulations fuels the demand for
    conventional solvents in the region. This has
    made Asia-Pacific a global manufacturing hub
    where several major companies are setting up
    their new plants to target high growth markets.
    Cheap labor and easily availabile petrochemical
    feedstocks are major factors that attract
    manufacturers in the region.  

3
  • http//www.marketsandmarkets.com/Market-Reports/so
    lvent-market-1325.html
  • Upcoming opportunities in the green solvent
    market include increased preference towards the
    use of bio-based products by the government and
    orgnaizations. However, price and performance
    barriers have restricted the growth of these,
    substianially. Continous RD and product
    innovation will result in increased properties,
    promoting the economic production of these
    solvents. The other factor that must be taken
    into account is that though green solvents have
    high penetration, these will still need another
    decade to be completely commercialized on a
    global scale.

4
  • The global solvent market is anticipated to
    increase by 3.0 annually, to reach 33.4 million
    tons, by 2018. Solvents are primarily used to
    dissolve, suspend, and carry particles, thereby
    forming a solution. The bio green solvent
    market is growing at a high rate, while the
    conventional solvents market is greatly matured.
    The report covers the solvents market and its
    trends that concern four regions, namely, North
    America, Europe, Asia-Pacific, and ROW (Rest of
    the World) and the major countries in each
    region such as U.S., Canada, Germany, China,
    South Arabia, Brazil, and others.

5
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6
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
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clients grow by providing apt business insight
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