Industrial Solvents Market Research Report, Growth Forecast 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-06-18
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Industrial Solvents Market Research Report, Growth Forecast 2025

The global paints & coatings market is anticipated to witness an upswing in terms of revenue in the approaching years, due to rising adoption across the building and construction sector. The paints & coatings industry is one of the biggest consumers of industrial solvents, attributable to the capability of solvents to disperse or dissolve the components in paint formation, to create paints of the desired consistency and eliminate globs or clumps. Apart from the construction sector, paints and coatings are widely used in the automobile industry.

The Industrial Solvents Market report adds a detailed competitive landscape of the global market. It includes the company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end-user segment, and region.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/2706

The global industrial solvents market is supposed to make promising gains in the resulting years, on statement of burgeoning interest for printing inks, paints & coatings, and beautifiers products crossed the globe. In accession to this, technical solutions are also generally used in the pharmaceutical division, urging the industry division. For case, pet shampoos utilize solvents to melt a curative drug for topical way, provide moisture, and soften creature hair & skin.

Growth drivers are

  1. North America:
  • Increasing demand of solvents in cosmetic industry
  • Growth in solvents recycling market
  1. Europe: Increasing adhesive & sealants market in automotive sector
  2. Asia Pacific: Growing demand for solvents in paints & coatings industry

Split by product type, the Industrial Solvents Market has been divided into:

  1. Alcohols
  2. Ketones
  3. Glycols

 

This report provides information about the product consumption and market share of the application, as well as the growth rate of each application segment.

The regional segmentation covers:

Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

North America Region (U.S., Canada, Mexico)

South America Region (Argentina, Brazil, Columbia, Rest of South America)

Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)

The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)The cosmetic industry relies heavily on industrial solvents to dissolve ingredients and increase the efficiency of products. Industrial solvents market are widely used in lotions, shaving creams, face creams, and talcum powders to maintain the consistency of the product. For instance, Ethanol is hugely preferred by perfume companies as their solvent of choice due to its low odor. Indeed, the low boiling point of ethanol allows the solvent to evaporate rapidly and does not let it remain on the skin.

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/industrial-solvents-market

Having realized the immense potential of the industrial solvents market, prominent companies such as Shell, Arkema, Honeywell, BASF, and Total have made considerable investments in R&D programs and product innovation to serve the evolving consumer demand better. Powered by the rapid expansion of the paints & coatings applications in tandem with growing infrastructure industry, the industrial solvents market is projected to attain commendable gains in the approaching years.

 



About Author

Rahul Sankrityayan

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Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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