North America Solvents Market – Industry Trends and Forecast to 2030

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North America Solvents Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Published Report
  • Dec 2023
  • North America
  • 350 Pages
  • No of Tables: 71
  • No of Figures: 21

Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW

1.4 CURRENCY AND PRICING

1.5 LIMITATION

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 PRODUCT LIFE LINE CURVE

2.7 MULTIVARIATE MODELING

2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.9 DBMR MARKET POSITION GRID

2.1 MARKET APPLICATION COVERAGE GRID

2.11 DBMR MARKET CHALLENGE MATRIX

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 SUPPLY CHAIN ANALYSIS

4.1.1 OVERVIEW

4.1.2 LOGISTIC COST SCENARIO

4.1.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS

4.2 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS

4.3 VENDOR SELECTION CRITERIA

4.4 LIST OF KEY BUYERS

4.5 RAW MATERIAL COVERAGE

5 REGULATION COVERAGE

6 MARKET OVERVIEW

6.1 DRIVERS

6.1.1 GROWING DEMAND FOR SOLVENTS IN THE PAINTS AND COATINGS INDUSTRY

6.1.2 RISING USAGE OF PRINTING INKS FOR DIFFERENT INDUSTRIAL APPLICATIONS

6.1.3 RISING DEMAND FOR BEAUTY AND PERSONAL CARE PRODUCTS INDUSTRY

6.1.4 GROWING ADOPTION OF POLYMERS AND RUBBERS ACROSS VARIOUS SEGMENTS

6.1.5 POSITIVE OUTLOOK TOWARD THE AGROCHEMICALS INDUSTRY

6.1.6 RISING USE OF SOLVENTS IN THE PHARMACEUTICAL SECTOR

6.2 RESTRAINTS

6.2.1 HEALTH AND SAFETY CONCERNS RELATED TO THE USAGE OF SOLVENTS

6.2.2 TECHNICAL COMPLEXITIES IN SOLVENT RECOVERY AND REUSE

6.3 OPPORTUNITIES

6.3.1 SHIFTING THE FOCUS OF MANUFACTURERS TOWARD ECO-FRIENDLY SOLVENTS

6.3.2 IMMENSE POTENTIAL IN THE RENEWABLE ENERGY SECTOR

6.4 CHALLENGES

6.4.1 ISSUES IN TRANSPORTATION AND STORAGE OF SOLVENTS

6.4.2 STRINGENT RULES AND REGULATIONS

7 NORTH AMERICA SOLVENTS MARKET, BY CATGEORY

7.1 OVERVIEW

7.2 OXYGENATED SOLVENTS

7.2.1 OXYGENATED SOLVENTS, BY CATEGORY

7.2.1.1 ALCOHOLS

7.2.1.1.1 ETHANOL

7.2.1.1.2 METHANOL

7.2.1.1.3 PROPANOL

7.2.1.1.4 BUTANOL

7.2.1.2 GLYCOL ETHERS

7.2.1.2.1 E-SERIES GLYCOL ETHERS

7.2.1.2.2 P-SERIES GLYCOL ETHERS

7.2.1.2.3 BUTYL GLYCOL ETHERS

7.2.1.3 KETONES

7.2.1.3.1 ACETONE

7.2.1.3.2 MEK

7.2.1.3.3 MIBK

7.2.1.4 ESTERS

7.2.1.4.1 ETHYL ACETATE

7.2.1.4.2 BUTHYL ACETATE

7.2.1.5 GLYCOLS

7.2.1.5.1 ETHYLENE GLYCOL

7.2.1.5.1.1 MEG

7.2.1.5.1.2 DEG

7.2.1.5.1.3 TEG

7.2.1.5.2 PROPYLENE GLYCOL

7.3 HYDROCARBON SOLVENTS

7.3.1 ALIPHATIC SOLVENTS

7.3.2 AROMATIC SOLVENTS

7.3.2.1 TOLUENE

7.3.2.2 XYLENE

7.3.2.2.1 MIXED-XYLENE

7.3.2.2.2 PARA-XYLENE

7.3.2.3 EHTYLBENZENE

7.4 HALOGENATED SOLVENTS

7.4.1 HALOGENATED SOLVENTS, BY CATEGORY

7.4.1.1 TRICHLOROETHYLENE

7.4.1.2 PERCHLOROETHYLENE

7.4.1.3 METHYLENE CHLORIDE

7.5 OTHERS

8 NORTH AMERICA SOLVENTS MARKET, BY SOURCE

8.1 OVERVIEW

8.2 CONVENTIONAL

8.3 BIO-BASED

9 NORTH AMERICA SOLVENTS MARKET, BY APPLICATION

9.1 OVERVIEW

9.2 PAINTS AND COATINGS

9.3 PHARMACEUTICALS

9.4 ADHESIVES

9.5 PRINTING INKS

9.6 PERSONAL CARE

9.7 POLYMER MANUFACTURING

9.8 AGRICULTURAL CHEMICALS

9.9 METAL CLEANING

9.1 OTHERS

10 NORTH AMERICA SOLVENTS MARKET, BY COUNTRY

10.1 NORTH AMERICA

10.1.1 U.S.

10.1.2 CANADA

10.1.3 MEXICO

11 NORTH AMERICA SOLVENTS MARKET: COMPANY LANDSCAPE

11.1 COMPANY SHARE ANALYSIS: NORTH AMERICA

11.2 PRODUCT LAUNCH

11.3 ACQUISITION

11.4 COLLABORATION

12 SWOT ANALYSIS

13 COMPANY PROFILE

13.1 ADM

13.1.1 COMPANY SNAPSHOT

13.1.2 PRODUCT PORTFOLIO

13.1.3 REVENUE ANALYSIS

13.1.4 RECENT DEVELOPMENTS

13.2 RELIANCE INDUSTRIES LIMITED

13.2.1 COMPANY SNAPSHOT

13.2.2 REVENUE ANALYSIS

13.2.3 PRODUCT PORTFOLIO

13.2.4 RECENT DEVELOPMENTS

13.3 BP P.L.C.

13.3.1 COMPANY SNAPSHOT

13.3.2 REVENUE ANALYSIS

13.3.3 PRODUCT PORTFOLIO

13.3.4 RECENT DEVELOPMENTS

13.4 EASTMAN CHEMICAL COMPANY (2022)

13.4.1 COMPANY SNAPSHOT

13.4.2 REVENUE ANALYSIS

13.4.3 PRODUCT PORTFOLIO

13.4.4 RECENT DEVELOPMENTS

13.5 OLIN CORPORATION

13.5.1 COMPANY SNAPSHOT

13.5.2 REVENUE ANALYSIS

13.5.3 PRODUCT PORTFOLIO

13.5.4 RECENT DEVELOPMENTS

13.6 ARKEMA (2022)

13.6.1 COMPANY SNAPSHOT

13.6.2 REVENUE ANALYSIS

13.6.3 PRODUCT PORTFOLIO

13.6.4 RECENT DEVELOPMENT

13.7 ASHLAND.(2022)

13.7.1 COMPANY SNAPSHOT

13.7.2 REVENUE ANALYSIS

13.7.3 PRODUCT PORTFOLIO

13.7.4 RECENT DEVELOPMENT

13.8 BASF SE

13.8.1 COMPANY SNAPSHOT

13.8.2 REVENUE ANALYSIS

13.8.3 PRODUCT PORTFOLIO

13.8.4 RECENT DEVELOPMENT

13.9 CARGILL, INCORPORATED

13.9.1 COMPANY SNAPSHOT

13.9.2 REVENUE ANALYSIS

13.9.3 PRODUCT PORTFOLIO

13.9.4 RECENT DEVELOPMENT

13.1 CELANESE CORPORATON(2022)

13.10.1 COMPANY SNAPSHOT

13.10.2 REVENUE ANALYSIS

13.10.3 PRODUCT PORTFOLIO

13.10.4 RECENT DEVELOPMENT

13.11 DOW

13.11.1 COMPANY SNAPSHOT

13.11.2 REVENUE ANALYSIS

13.11.3 PRODUCT PORTFOLIO

13.11.4 RECENT DEVELOPMENTS

13.12 EXXON MOBIL CORPORATION(2022)

13.12.1 COMPANY SNAPSHOT

13.12.2 REVENUE ANALYSIS

13.12.3 PRODUCT PORTFOLIO

13.12.4 RECENT DEVELOPMENTS

13.13 HONEYWELL INTERNATIONAL INC. (2022)

13.13.1 COMPANY SNAPSHOT

13.13.2 REVENUE ANALYSIS

13.13.3 PRODUCT PORTFOLIO

13.13.4 RECENT DEVELOPMENT

13.14 HUNTSMAN INTERNATIONAL LLC (2022)

13.14.1 COMPANY SNAPSHOT

13.14.2 REVENUE ANALYSIS

13.14.3 PRODUCT PORTFOLIO

13.14.4 RECENT DEVELOPMENT

13.15 INEOS GROUP HOLDINGS S.A. (2022)

13.15.1 COMPANY SNAPSHOT

13.15.2 REVENUE ANALYSIS

13.15.3 PRODUCT PORTFOLIO

13.15.4 RECENT DEVELOPMENT

13.16 INVISTA (A SUBSIDRIARY OF KOCH INDUSTRIES, INC.)

13.16.1 COMPANY SNAPSHOT

13.16.2 PRODUCT PORTFOLIO

13.16.3 RECENT DEVELOPMENTS

13.17 LYONDELLBASELL INDUSTRIES HOLDING B.V. (2022)

13.17.1 COMPANY SNAPSHOT

13.17.2 REVENUE ANALYSIS

13.17.3 PRODUCT PORTFOLIO

13.17.4 RECENT DEVELOPMENT

13.18 MONUMENT CHEMICAL

13.18.1 COMPANY SNAPSHOT

13.18.2 PRODUCT PORTFOLIO

13.18.3 RECENT DEVELOPMENTS

13.19 SHELL GLOBAL (2022)

13.19.1 COMPANY SNAPSHOT

13.19.2 REVENUE ANALYSIS

13.19.3 PRODUCT PORTFOLIO

13.19.4 RECENT DEVELOPMENTS

13.2 SOLVAY (2022)

13.20.1 COMPANY SNAPSHOT

13.20.2 REVENUE ANALYSIS

13.20.3 PRODUCT PORTFOLIO

13.20.4 RECENT DEVELOPMENTS

14 QUESTIONNAIRE

15 RELATED REPORTS

List of Table

TABLE 1 REGULATORY COVERAGE

TABLE 2 NORTH AMERICA SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 3 NORTH AMERICA SOLVENTS MARKET, BY CATEGORY, 2021-2030 (KILO TONS)

TABLE 4 NORTH AMERICA SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 5 NORTH AMERICA ALCOHOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 6 NORTH AMERICA GLYCOL ETHERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 7 NORTH AMERICA KETONES IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 8 NORTH AMERICA ESTERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 9 NORTH AMERICA GLYCOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 10 NORTH AMERICA ETHYLENE GLYCOL IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 11 NORTH AMERICA HYDROCARBON SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 12 NORTH AMERICA AROMATIC SOLVENTS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 13 NORTH AMERICA XYLENE IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 14 NORTH AMERICA HALOGENATED SOLVENTS, BY CATEGORY IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 15 NORTH AMERICA SOLVENTS MARKET, BY SOURCE, 2021-2030 (USD MILLION)

TABLE 16 NORTH AMERICA SOLVENTS MARKET, BY SOURCE, 2021-2030 (KILO TONS)

TABLE 17 NORTH AMERICA SOLVENTS MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 18 NORTH AMERICA SOLVENTS MARKET, BY APPLICATION, 2021-2030 (KILO TONS)

TABLE 19 NORTH AMERICA SOLVENTS MARKET, BY COUNTRY, 2021-2030 (USD MILLION)

TABLE 20 NORTH AMERICA SOLVENTS MARKET, BY COUNTRY, 2021-2030 (KILO TONS)

TABLE 21 U.S. SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 22 U.S. SOLVENTS MARKET, BY CATEGORY, 2021-2030 (KILO TONS)

TABLE 23 U.S. OXYGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 24 U.S. ALCOHOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 25 U.S. GLYCOL ETHERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 26 U.S. KETONES IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 27 U.S. ESTERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 28 U.S. GLYCOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 29 U.S. ETHYLENE GLYCOL IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 30 U.S. HYDROCARBON SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 31 U.S. AROMATIC SOLVENTS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 32 U.S. XYLENE IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 33 U.S. HALOGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 34 U.S. SOLVENTS MARKET, BY SOURCE, 2021-2030 (USD MILLION)

TABLE 35 U.S. SOLVENTS MARKET, BY SOURCE, 2021-2030 (KILO TONS)

TABLE 36 U.S. SOLVENTS MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 37 U.S. SOLVENTS MARKET, BY APPLICATION, 2021-2030 (KILO TONS)

TABLE 38 CANADA SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 39 CANADA SOLVENTS MARKET, BY CATEGORY, 2021-2030 (KILO TONS)

TABLE 40 CANADA OXYGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 41 CANADA ALCOHOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 42 CANADA GLYCOL ETHERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 43 CANADA KETONES IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 44 CANADA ESTERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 45 CANADA GLYCOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 46 CANADA ETHYLENE GLYCOL IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 47 CANADA HYDROCARBON SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 48 CANADA AROMATIC SOLVENTS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 49 CANADA XYLENE IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 50 CANADA HALOGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 51 CANADA SOLVENTS MARKET, BY SOURCE, 2021-2030 (USD MILLION)

TABLE 52 CANADA SOLVENTS MARKET, BY SOURCE, 2021-2030 (KILO TONS)

TABLE 53 CANADA SOLVENTS MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 54 CANADA SOLVENTS MARKET, BY APPLICATION, 2021-2030 (KILO TONS)

TABLE 55 MEXICO SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 56 MEXICO SOLVENTS MARKET, BY CATEGORY, 2021-2030 (KILO TONS)

TABLE 57 MEXICO OXYGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 58 MEXICO ALCOHOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 59 MEXICO GLYCOL ETHERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 60 MEXICO KETONES IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 61 MEXICO ESTERS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 62 MEXICO GLYCOLS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 63 MEXICO ETHYLENE GLYCOL IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 64 MEXICO HYDROCARBON SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 65 MEXICO AROMATIC SOLVENTS IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 66 MEXICO XYLENE IN SOLVENTS MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 67 MEXICO HALOGENATED SOLVENTS IN SOLVENTS MARKET, BY CATEGORY, 2021-2030 (USD MILLION)

TABLE 68 MEXICO SOLVENTS MARKET, BY SOURCE, 2021-2030 (USD MILLION)

TABLE 69 MEXICO SOLVENTS MARKET, BY SOURCE, 2021-2030 (KILO TONS)

TABLE 70 MEXICO SOLVENTS MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 71 MEXICO SOLVENTS MARKET, BY APPLICATION, 2021-2030 (KILO TONS)

List of Figure

FIGURE 1 NORTH AMERICA SOLVENTS MARKET: SEGMENTATION

FIGURE 2 NORTH AMERICA SOLVENTS MARKET: DATA TRIANGULATION

FIGURE 3 NORTH AMERICA SOLVENTS MARKET: DROC ANALYSIS

FIGURE 4 NORTH AMERICA SOLVENTS MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS

FIGURE 5 NORTH AMERICA SOLVENTS MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 NORTH AMERICA SOLVENTS MARKET: THE PRODUCT LIFE LINE CURVE

FIGURE 7 NORTH AMERICA SOLVENTS MARKET: MULTIVARIATE MODELLING

FIGURE 8 NORTH AMERICA SOLVENTS MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 9 NORTH AMERICA SOLVENTS MARKET: DBMR MARKET POSITION GRID

FIGURE 10 NORTH AMERICA SOLVENTS MARKET: MARKET APPLICATION COVERAGE GRID

FIGURE 11 NORTH AMERICA SOLVENTS MARKET: THE MARKET CHALLENGE MATRIX

FIGURE 12 NORTH AMERICA SOLVENTS MARKET: SEGMENTATION

FIGURE 13 GROWING DEMAND FOR SOLVENTS IN THE PAINTS AND COATINGS INDUSTRY IS EXPECTED TO DRIVE THE NORTH AMERICA SOLVENTS MARKET IN THE FORECAST PERIOD

FIGURE 14 THE OXYGENATED SOLVENTS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA SOLVENTS MARKET IN 2023 AND 2030

FIGURE 15 VENDOR SELECTION CRITERIA

FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF NORTH AMERICA SOLVENTS MARKET

FIGURE 17 NORTH AMERICA SOLVENTS MARKET: BY CATEGORY, 2022

FIGURE 18 NORTH AMERICA SOLVENTS MARKET: BY SOURCE, 2022

FIGURE 19 NORTH AMERICA SOLVENTS MARKET: BY APPLICATION, 2022

FIGURE 20 NORTH AMERICA SOLVENTS MARKET: SNAPSHOT (2022)

FIGURE 21 NORTH AMERICA SOLVENTS MARKET: COMPANY SHARE 2022 (%)

Frequently Asked Questions

The market is segmented based on North America Solvents Market, By Category (Oxygenated Solvents, Hydrocarbon Solvents, and Halogenated Solventsy Source) (Conventional and Bio-Based),  Application (Paints and Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care, Polymer Manufacturing, Agricultural Chemicals, Metal Cleaning, and Others) - Industry Trends and Forecast to 2030. .
The North America Solvent Market size was valued at USD 9165.03 USD million in 2023.
The North America Solvent Market is projected to grow at a CAGR of 4.5% during the forecast period of 2024 to 2030.
The market report covers data from the U.S., Canada, and Mexico.