Solvent Market - Global Trends & Forecast to 2018

1. MarketsandMarkets Presents • Solvent Market • Global Trends & Forecast to 2018 http://www.marketsandmarkets.com/Market-Reports/solvent-market-1325.html

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.   http://www.marketsandmarkets.com/Market-Reports/solvent-market-1325.html

3. http://www.marketsandmarkets.com/Market-Reports/solvent-market-1325.htmlhttp://www.marketsandmarkets.com/Market-Reports/solvent-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 R&D 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. http://www.marketsandmarkets.com/Market-Reports/solvent-market-1325.html

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. http://www.marketsandmarkets.com/Market-Reports/solvent-market-1325.html

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