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Solvent Market Size Segmentation To 2020

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The Global Solvent Market is expected to reach USD 31.63 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for industrial solvents from pharmaceuticals and paints & coatings industry is expected to remain a key
Global Solvent Market By Product (Hydrocarbons, Alcohols,
Esters, Ketones, Chlorinated), By Application (Printing
Inks, Paints And Coatings, Pharmaceuticals, Adhesives,
Cosmetics) Expected to Reach USD 31.63 Billion by 2020:
Grand View Research, Inc
The Global Solvent Market is expected to reach USD 31.63 billion by 2020, according to a new
study by Grand View Research, Inc. Increasing demand for industrial solvents from
pharmaceuticals and paints & coatings industry is expected to remain a key driving factor for the
global market. Additionally, high infrastructure spending and positive industrial outlook in the
emerging markets of Asia Pacific and Latin America is further expected to fuel solvent demand
over the next six years.
Alcohol based solvents emerged as the leading product segment and accounted for 29.8% of total
market volume in 2013. Along with being the largest product segment, alcohol based solvents is
also expected to be the fastest growing products, at an estimated CAGR of 3.5% from 2014 to
2020. Alcohol based solvents were followed by hydrocarbons which are expected to exceed a
market worth USD 8 billion by 2020.
View summary of this report @ http://www.grandviewresearch.com/industryanalysis/solvent-market
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Table of Contents
Chapter 1. Executive Summary
1.1. Solvent– Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Solvent Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Solvents Value Chain Analysis
2.4. Solvent Market Dynamics
2.4.1.
Market Driver Analysis
2.4.2.
Market Restraint Analysis
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. Solvent- Company Market Share Analysis
2.8. Solvent Market PESTEL Analysis, 2012
Chapter 3. Solvent Product Outlook
3.1. Hydrocarbons
3.1.1. Solvent market estimates and forecasts, 2012 – 2020 (Kilo Tons) (USD
Million)
3.2. Alcohol
3.2.1.Alcohol based solvent market estimates and forecasts, 2012 – 2020 (Kilo
Tons) (USD Million)
3.3. Esters
3.3.1.Ester based solvent market estimates and forecasts, 2012 – 2020 (Kilo Tons)
(USD Million)
3.4. Ketones
3.4.1.Ketone based solvent market estimates and forecasts, 2012 – 2020 (Kilo Tons)
(USD Million)
3.5. Chlorinated
3.5.1.Chlorine based solvent market estimates and forecasts, 2012 – 2020 (Kilo
Tons) (USD Million)
Chapter 4. Solvent Application Outlook
4.1. Printing Inks
4.1.1. market estimates and forecasts from printing inks, 2012 – 2020 (Kilo Tons)
(USD Million)
4.2. Paints and Coatings
4.2.1. market estimates and forecasts from paints and coatings, 2012 – 2020 (Kilo
Tones) (USD Million)
4.3. Pharmaceuticals
4.3.1. market estimates and forecasts from pharmaceuticals, 2012 – 2020 (Kilo
Tones) (USD Million)
4.4. Adhesives and Cosmetics
4.4.1. market estimates and forecasts from adhesives and cosmetics, 2012 – 2020
(Kilo Tones) (USD Million)
Chapter 5. Solvent Regional Outlook
5.1. North America
5.1.1. Solvent market estimates and forecasts, by product, 2012 – 2020 (Kilo Tons)
(USD Million)
5.1.2. Solvent market estimates and forecasts, by application, 2012 – 2020 (Kilo
Tons) (USD Million)
5.2. Europe
5.2.1. Solvent market estimates and forecasts, by product, 2012 – 2020 (Kilo Tons)
(USD Million)
5.2.2. Solvent market estimates and forecasts, by application, 2012 – 2020 (Kilo
Tons) (USD Million)
5.3. Asia Pacific
5.3.1. Solvent market estimates and forecasts, by product, 2012 – 2020 (Kilo Tons)
(USD Million)
5.3.2. Solvent market estimates and forecasts, by application, 2012 – 2020 (Kilo
Tons) (USD Million)
5.4. RoW
5.4.1.RoW solvent market estimates and forecasts, by product, 2012 – 2020 (Kilo
Tons) (USD Million)
5.4.2.RoW solvent market estimates and forecasts, by application, 2012 – 2020
(Kilo Tons) (USD Million)
Chapter 6 Solvents Competitive Landscape
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Dow Chemicals
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Shell Chemicals
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Sasol Solvents
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Exxon Mobil Corporation
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Celanese Corporation
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Maruzen Petrochemicals
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Ashland Inc.
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Eastman Chemical Company
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Honeywell International Inc.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Huntsman Corp.
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 INEOS AG
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Lyondellbasell Industries N.V.
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Solvay SA
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
Chapter 7. Methodology and Scope
7.1. Research Methodology
7.2. Research Scope & Assumption
7.3. List of Data Sources
Browse All Reports of this category @
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Further key findings from the study suggest:


The global market for solvents was 18,303.2 kilo tons in 2013 and is expected to reach
22,973.4 kilo tons by 2020, growing at a CAGR of 3.3% from 2014 to 2020.
Paints & coatings were the largest application segment for solvents and accounted for
over 60% of total market volume in 2013. Along with being the largest application
segment, paints & coatings are also expected to be the fastest growing application for
solvents, at an estimated CAGR of 3.6% from 2014 to 2020. Growth of global paints and
coatings industry is expected to drive the demand for solvents over the next six years.



Asia Pacific continued its
dominance in the global market and accounted for over 40% of total market volume in
2013. In addition of being the largest market, Asia Pacific is also
expected to be the fastest growing regional market for solvents at an estimated CAGR of
3.7% from 2014 to 2020.
The global market for solvents is moderately fragmented with top four companies
including Dow Chemicals, Shell Chemicals, ExxonMobil and British Petroleum (BP)
accounting for just over 45% of total market in 2013. Some other companies operating in
the global market include BASF, Sasol Solvents, Celanese Corporation, Ashland Inc.,
Eastman Chemical Company and Solvay SA.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-theshelf, customized research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and energy. With a deepseated understanding of varied business environments, Grand View Research provides strategic
objective insights.
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Grand View Research, Inc.
United States
Phone: 1-415-349-0058
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