Solvent Market - Forecast(2022 - 2027)

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Solvent Market - Forecast(2022 - 2027)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2022 -
2027)
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(1) 970-236-3677
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• Solvents Market size is forecast to reach 41.43
  billion by 2025, after growing at a CAGR of 3.5
  during 2020-2025.
• Solvent is a material that dissolves a solute
  thus, resulting in a solution. Solvents are
  usually in liquid state but can also be in solid
  or gaseous forms.
• Solvents are used for varied applications in
  domestic, commercial and research purposes. With
  the infrastructure industry growing with a
  moderate growth rate in recent years, the demand
  for solvents is also growing simultaneously.

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Key Takeaways

• New product developments and increasing
  investments in research and development of
  solvents are expected to drive the growth of this
  market.
• Among application, paints coatings segment is
  projected to lead the solvents market during the
  forecast period.
• Asia Pacific dominated the solvents market.

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• By Distribution Channel- Segment Analysis
• Paints Coatings segment held the largest share
  in solvents market in 2019 growing at a CAGR of
  3.1 during the forecast period.
• Asia Pacific dominated the solvents market with
  a share of more than 54, followed by Europe and
  North America.
• The region accounts for half of the worlds oil
  reserves and 40 of the worlds gas reserves.

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• Solvent Market Outlook 
• Exxon Mobil Corporation
• Dow Chemicals
• BASF S.E
• Maruzen Petrochemical
• Shell Chemicals
• Celanese Corporation
• Solvay Chemicals
• Maruzen Petrochemical Co., Ltd

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Solvent Market - Forecast(2022 - 2027) Learn
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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