2018 International Solvent Market Research Report

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

Solvent find their usage in various industries for one or more applications. It is used as a carrier to dissolve pigments and other ingredients, as well as to enhance certain properties such as the density of solutions. The major application is paints and coatings, which accounts for a majority of the solvents usage, followed by the pharma industry, adhesives,  cleaning of metals, printing inks, personal care products, manufacturing of rubber & polymers, and agricultural chemicals.

There are several types of solvents, which are suitable for one or more applications. The three major types of conventional solvents are oxygenated, hydrocarbon, and halogenated. Oxygenated solvents are the most widely used with hydrocarbon (specially aliphatic) and halogenated hydrocarbons being gradually phased out. Among all oxygenated solvents, alcohols are the most consumed solvents, followed by esters. Among all the green & bio solvents, alcohols and diols are the most consumed solvents, followed by lactate esters.

The current market demand is concentrated on environmentally safe solvents due to various regulations such as The Clean Air Act revisions of 1996 and Registration, Evaluation and Authorization of Chemicals (REACH) legislation of 2007. This is a driver for bio & green solvents, which will help increase its penetration in various end-user industries. Other market opportunities include high demand from emerging economies of the Asia-Pacific region such as China. This demand is derived from thriving industries in the region such as construction and automobile.

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This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Ashland (U.S.), BASF (Germany), Celanese (U.S.), Eastman Chemical Company (U.S.), ExxonMobil (U.S.), Honeywell (U.S.), Huntsman Corporation (U.S.), Ineos (Switzerland), LyondellBasell (U.S.), Sasol (South Africa), Shell Chemicals (The Netherlands), and Solvay (Belgium) have also been profiled in this report.

Scope of the report

On the basis of region:

Asia-Pacific

• China
• Korea
• Japan

Europe

• Germany
• Italy
• France

North America

• U.S.
• Canada

Rest of the World (RoW)

On the basis of source:

• Conventional solvents
• Bio & green solvents

On the basis of conventional solvents type:

Oxygenated solvents

Alcohols

• Methanol
• Ethanol
• Propanol
• Butanol
• Other alcohols

Glycols

• Ethylene glycols
• Propylene glycols

Glycol ethers

• E-series glycol ethers
• P-series glycol ethers
• Butyl glycol ethers

Ketones

• Acetone
• MEK
• MIBK
• Other ketones

 

Esters

• Ethyl acetate
• Butyl acetate
• Other acetates

Hydrocarbon solvents

• Aliphatic
• Aromatic
• Benzene
• Toluene
• Xylene
• Ethylbenzene
• Others

Halogenated

• Chlorinated
• Methylene chloride
• Trichloroethylene
• Perchloroethylene
• Others

Others

• Acids
• Amines
• Other solvents

On the basis of conventional solvents type:

• Lactate esters
• Alcohols & diols
• d-Limonene
• Methyl Soyate

On the basis of application:

• Paints & coatings
• Pharmaceuticals
• Adhesives
• Printing inks
• Personal care
• Metal cleaning
• Rubber & polymer
• Agricultural chemicals

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Table of Contents

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Solvent Market, By Source

6 Solvent Market, By Type

7 Solvent Market, By Application

8 Solvent Market, By Geography

9 Competitive Landscape

10 Company Profiles 10.1 Ashland Inc. 10.2 BASF SE 10.3 Celanese Corporation 10.4 Eastman Chemical Company 10.5 Exxonmobil Corporation 10.6 Honeywell International Inc. 10.7 Huntsman Corp. 10.8 Ineos Ag 10.9 Lyondellbasell Industries N.V. 10.10 Royal Dutch Shell

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