
North America Solvents Market - Industry Trends and Forecast to 2030
Description
North America Solvents Market - Industry Trends and Forecast to 2030
North America solvents market is expected to reach USD 12,504.57 Million by 2030 from USD 8,888.09 Million in 2022, growing at a CAGR of 4.5% in the forecast period of 2023 to 2030
Market Segmentation
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), Country (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2030
Overview of North America Solvents Market Dynamics
Driver
• Rising usage of printing inks for different industrial applications
Restrain
• Health and safety concerns related to the usage of solvents
Opportunity
• Shifting focus of manufacturers towards eco-friendly solvents
Market Players
Some of the key players operating in the North America solvents market are:
• Arkema
• INVISTA (A Subsidiary of Koch Industries, Inc.)
• Ashland
• Huntsman International LLC
• Solvay
• ADM
• Shell Global
• BP p.l.c.
• Eastman Chemical Company
• INEOS GROUP HOLDINGS S.A.
• BASF SE
• Celanese Corporation
• Cargill, Incorporated
• Reliance Industries Limited
• Honeywell International Inc.
• LyondellBasell Industries Holding B.V.
• Exxon Mobil Corporation
• Monument Chemical
• Dow
• Olin Corporation
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Table of Contents
141 Pages
- 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
- 2.10 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
- 9.10 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
- 13.10 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
- 13.20 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 Tables
- 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 Figures
- 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 (%)
Pricing
Currency Rates
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