Solvents Global Market Growth Analysis, Industry Insights, Outlook 2023 To 2032

The Solvents Global Market Report 2023, provides comprehensive information on the solvents market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Solvents Market’s Growth:
https://www.thebusinessresearchcompany.com/report/solvents-global-market-report

The global solvents market size is expected to grow from $29.10 billion in 2022 to $30.78 billion in 2023 at a compound annual growth rate (CAGR) of 6.10%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of solvents market is expected to reach $37.64 billion in 2027 at a CAGR of 5.16%.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=11955&type=smp
Product innovation is the key trend gaining popularity in the solvent market. Companies operating in the solvent industry are adopting new technologies to sustain their position in the market. For instance, in April 2022, Solvay S.A., a Belgium-based manufacturer of chemicals, launched a new-generation solvent called Rhodiasolv IRIS. It is biodegradable, non-flammable, mutagenic, low-volatile, and reprotoxic. It is utilized in a variety of applications, including phytosanitary product formulation, paint peeling, graffiti and resin removal, industrial cleaning, and agrochemistry. Rhodiasolv IRIS, for instance, permits the adoption of a unique production technique that recycles a previously burned byproduct of its polyamide chain. This method optimizes the utilization of petrochemical resources while minimizing environmental effects. It is a crucial component in the Rhodiasolv line of green solvents that aid in the shift to more ecologically friendly agriculture.

The solvents market is segmented:

1) By Type: Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, Other Types
2) By Category: Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solvents, Other Categories
3) By Source: Bio-Based Solvents, Petrochemicals-Based Solvents
4) By Application: Adhesives, Paints And Coatings, Personal Care, Pharmaceuticals, Other Applications

Asia-Pacificwas the largest region in the solvents market in 2022.

The table of contents in TBRC’s solvents market report includes:
1. Executive Summary
2. Solvents Market Characteristics
3. Solvents Market Trends And Strategies
4. Solvents Market – Macro Economic Scenario
5. Impact Of High Inflation On Online Therapy Services Market
……………………………………
31. Solvents Market Other Major And Innovative Companies
32. Global Solvents Market Competitive Benchmarking
33. Global Solvents Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Solvents Market
35. Solvents Market Future Outlook and Potential Analysis
36. Appendix

Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company

Twitter:https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog:https://blog.tbrc.info/

Healthcare Blog:https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model