Global Aprotic Solvent Market, By Product (N-Methyl-2-Pyrrolidone (NMP), Toluene, Benzene, Acetone, Others), End Use Industry (Oil and Gas, Pharmaceuticals, Paints and Coatings, Electronics, Others), Source (Bio and Green, Conventional), Application (Dissolve, Scattered, Dilution, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Aprotic solvent market will reach an estimated valuation of USD 34.56 million by 2028, while registering this growth at a rate of 7.60% for the forecast period of 2021 to 2028. Aprotic solvent market report analyses the growth, which is currently being growing due to the growing demand from various end-use industries such as oil and gas, pharmaceuticals, paints and coatings, and electronics.
Aprotic solvents are those solvents that are unable to sufficiently donate atoms of hydrogen and lack acidic hydrogen. Aprotic solvents have a high dipole moment, low penetration of the skin, high polarity, high dielectric constant, high acid stability and are incompatible with heavy bases such as n-butylithium. The general features of aprotic solvents are the recognition of hydrogen bonds, the absence of acidic hydrogen, the ability to stabilise ions and the ability to dissolve salts.
The growing demand for the environmentally friendly solution, increasing usages of solvents due to their advanced features such as high relative permittivity, low reactivity, and thermal stability along with the use of aprotic solvents in gas production, and oil refining, increasing presence of a large pharmaceutical industry, increase in product extensions in terms of innovation in technology are some of the vital as well as important factors which will likely to accelerate the growth of the aprotic solvent market in the projected timeframe of 2021-2028. On the other hand, rising stringent regulations concerning to environment protection along with rapid development in the pharmaceutical industry that considered to the fastest-growing application sector which will further contribute by generating immense opportunities that will led to the growth of the aprotic solvent market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with stringent regime regulations which will likely to act as market restraints factor for the growth of the aprotic solvent in the above mentioned projected timeframe. Rising demand for non-toxic substitutes to aprotic solvents which will become the biggest and foremost challenge for the growth of the market.
This aprotic solvent market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aprotic solvent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aprotic Solvent Market Scope and Market Size
Aprotic solvent market is segmented on the basis of product, end use industry, source, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the aprotic solvent market is segmented into N-methyl-2-pyrrolidone (NMP), toluene, benzene, acetone, and others. Others have been further segmented into chloroform, pentane, diethyl ether and hexane.
- Based on end use industry, the aprotic solvent market is segmented into oil and gas, pharmaceuticals, paints and coatings, electronics, and others. Other have been further segmented into agrochemicals, printing inks and personal care.
- On the basis of source, the aprotic solvent market is segmented into bio and green, and conventional.
- Aprotic solvent market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for aprotic solvent market includes dissolve, scattered, dilution, and others.
Aprotic Solvent Market Country Level Analysis
Aprotic solvent market is analysed and market size, volume information is provided by country, product, end use industry, source, and application as referenced above.
The countries covered in the aprotic solvent market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the aprotic solvent market due to the growing end-use industries such as paints and coatings, electronics, and pharmaceuticals along with prevalence of various market players in the region. North America region is expected to hold the largest growth rate due to the increasing demand from various industries such as oil and gas, automobile, construction, and electronics in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aprotic Solvent Market Share Analysis
Aprotic solvent market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aprotic solvent market.
The major players covered in the aprotic solvent market report are Eastman Chemical Company; INEOS Capital Limited.; China National Petroleum Corporation; AlzChem Group AG; BASF SE; DuPont.; Shell International B.V.; Imperial Chemical Corporation.; Mitsubishi Chemical Corporation.; Ashland.; Celanese Corporation; Merck KGaA; Honeywell International Inc; Gaylord Chemical; Spectrum Chemical Manufacturing Corp.; Somu Group; Vizag Chemical International; Paari Chem Resources.; TORAY INDUSTRIES, INC.; Ottokemi.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Aprotic Solvent Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.