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Solvents

Solvents

Growth in the US solvents market will total 1.1% annually through 2020, reaching 9.6 billion pounds. Gains will be driven by improvements in the economy and rising construction and manufacturing expenditures. Solvents considered ‘green’ for being eco-friendly and derived from renewable resources will see substantial growth due to growing consumer demands for green products as well as the continued regulation of conventional, petroleum-based solvents.

This report segments the solvents industry by Product and Market. Data is provided in million pounds.

Major solvent products include:
Alcohols
Hydrocarbons
Glycols
Ketones
Esters
Halogenated Solvents
Soy Oil & Derivatives

Alcohols will remain the largest of these through 2020, accounting for 33% of the market. Fastest growth will be for Soy Oil & Derivatives, as well as smaller product groups like terpenes, driven by the growing popularity of green solvents among end users and the incentive among producers to invest in solvents that face less regulatory hurdles than many conventional solvents do.

Major solvent markets include:
Paint & Coatings
Printing Inks
Cleaning Products
Oil & Gas
Cosmetics & Toiletries
Adhesives & Sealants
Construction

Paint & Coatings was the leading outlet in 2015, accounting for 26% of demand. The most rapid gains through 2020 are forecast for the Adhesives & Sealants market, fueled by increases in construction spending, although non-solvent adhesives will continue to gain popularity and slow the growth of demand for solvent-borne adhesives.

The US solvents industry is composed of some of the most prominent chemical companies in the world. Major suppliers of solvents include Archer-Daniels-Midland (ADM), BASF, BP, Cargill, Celanese, Dow Chemical, Eastman Chemical, Exxon Mobil, Huntsman, INEOS, Koch Industries, and LyondellBasell.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table SOLVENT DEMAND
  • MARKET ENVIRONMENT
    • General
    • Demographic Trends
      • Table POPULATION & HOUSEHOLDS
    • Macroeconomic Outlook
      • Table MACROECONOMIC INDICATORS
    • Consumer Spending
      • Table PERSONAL CONSUMPTION EXPENDITURES
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS
      • Food & Beverage Outlook
        • Table FOOD & BEVERAGE SHIPMENTS
      • Chemical Industry Outlook
        • Table CHEMICAL PRODUCT SHIPMENTS
      • Electronics Industry Outlook
        • Table ELECTRONIC & COMPUTER PRODUCT SHIPMENTS
      • Plastics & Rubber Industry Outlook
        • Table PLASTIC & RUBBER SHIPMENTS
      • Petroleum Refining Outlook
        • Table REFINED PETROLEUM PRODUCTS SUPPLY & DEMAND
    • Environmental & Regulatory Issues
      • Air Quality Issues
      • Worker Safety Issues
      • Solvent Recycling
    • Historical Market Trends
      • Table SOLVENT DEMAND, 2005-2015
      • Table CHART II-1 SOLVENT DEMAND, 2006-2015
    • Pricing Trends
      • Table SOLVENT PRICING
    • International Activity & Foreign Trade
  • PRODUCTS
    • Demand Overview
      • Table SOLVENT DEMAND BY PRODUCT
      • Table CHART III-1 SOLVENT DEMAND BY PRODUCT, 2015: VOLUME & VALUE
    • Green Solvents
      • Table GREEN SOLVENT DEMAND BY TYPE & MARKET
      • Table CHART III-2 CONVENTIONAL VS. GREEN SOLVENT DEMAND, 2005-2025
    • Alcohols
      • Table ALCOHOL SOLVENT DEMAND BY TYPE
      • Table CHART III-3 ALCOHOL SOLVENT DEMAND BY TYPE, 2015
      • Ethanol
        • Table ETHANOL SOLVENT DEMAND
      • Methanol
        • Table METHANOL SOLVENT DEMAND
      • Isopropanol
        • Table ISOPROPANOL SOLVENT DEMAND
      • Butanol
        • Table BUTANOL SOLVENT DEMAND
      • Other Alcohols
        • Table OTHER ALCOHOL SOLVENT DEMAND
      • Market Share
        • Table CHART III-4 ALCOHOL SOLVENT MARKET SHARE, 2015
    • Hydrocarbons
      • Table HYDROCARBON SOLVENT DEMAND BY MARKET
      • Types
        • Table HYDROCARBON SOLVENT DEMAND BY TYPE
      • Producers
    • Glycols
      • Table GLYCOL SOLVENT DEMAND BY TYPE
      • Table CHART III-5 GLYCOL SOLVENT DEMAND BY TYPE, 2015
      • Propylene Glycol
        • Table PROPYLENE GLYCOL SOLVENT DEMAND
      • E-Series Glycol Ethers
        • Table E-SERIES GLYCOL ETHER SOLVENT DEMAND
      • Ethylene Glycol
        • Table ETHYLENE GLYCOL SOLVENT DEMAND
      • P-Series Glycol Ethers
        • Table P-SERIES GLYCOL ETHER SOLVENT DEMAND
      • Other Glycols
        • Table OTHER GLYCOL SOLVENT DEMAND
      • Market Share
        • Table CHART III-6 GLYCOL SOLVENT MARKET SHARE, 2015
    • Ketones
      • Table KETONE SOLVENT DEMAND BY TYPE
      • Table CHART III-7 KETONE SOLVENT DEMAND BY TYPE, 2015
      • Acetone
        • Table ACETONE SOLVENT DEMAND
      • Methyl Ethyl Ketone
        • Table METHYL ETHYL KETONE SOLVENT DEMAND
      • Other Ketones
        • Table OTHER KETONE SOLVENT DEMAND
      • Market Share
        • Table CHART III-8 KETONE SOLVENT MARKET SHARE, 2015
    • Esters
      • Table ESTER SOLVENT DEMAND BY TYPE
      • Table CHART III-9 ESTER SOLVENT DEMAND BY TYPE, 2015
      • Ethyl Acetate
        • Table ETHYL ACETATE SOLVENT DEMAND
      • Butyl Acetate
        • Table BUTYL ACETATE SOLVENT DEMAND
      • Other Esters
        • Table OTHER ESTER SOLVENT DEMAND
      • Market Share
        • Table CHART III-10 ESTER SOLVENT MARKET SHARE, 2015
    • Halogenated Solvents
      • Table HALOGENATED SOLVENT DEMAND BY TYPE
      • Table CHART III-11 HALOGENATED SOLVENT DEMAND BY TYPE, 2015
      • Methylene Chloride
      • Perchloroethylene
      • Trichloroethylene
      • Other Halogenated Solvents
      • Markets
        • Table HALOGENATED SOLVENT DEMAND BY MARKET
      • Market Share
        • Table CHART III-12 HALOGENATED SOLVENT MARKET SHARE, 2015
    • Soy Oil & Derivatives
      • Table SOY OIL & DERIVATIVE SOLVENT DEMAND
    • Other Solvents
      • Table OTHER SOLVENTS DEMAND BY PRODUCT & MARKET
  • MARKETS
    • General
      • Table SOLVENT DEMAND BY MARKET
      • Table CHART IV-1 SOLVENT DEMAND BY MARKET, 2015
    • Paint & Coatings
      • Industry Overview
        • Table PAINT & COATINGS SHIPMENTS
      • Solvent Demand
        • Table PAINT & COATINGS MARKET FOR SOLVENTS
    • Printing Inks
      • Industry Overview
        • Table PRINTING INK SHIPMENTS
      • Solvent Demand
        • Table PRINTING INK MARKET FOR SOLVENTS
    • Cleaning Products
      • Industry Overview
        • Table CLEANING PRODUCTS SHIPMENTS
      • Solvent Demand
        • Table CLEANING PRODUCTS MARKET FOR SOLVENTS
    • Oil & Gas
      • Industry Overview
        • Table OIL & GAS PRODUCTION & CONSUMPTION
      • Solvent Demand
        • Table OIL & GAS MARKET FOR SOLVENTS
    • Cosmetics & Toiletries
      • Industry Overview
        • Table COSMETICS & TOILETRIES SHIPMENTS
      • Solvent Demand
        • Table COSMETICS & TOILETRIES MARKET FOR SOLVENTS
    • Adhesives & Sealants
      • Industry Overview
        • Table ADHESIVES & SEALANTS SHIPMENTS
      • Solvent Demand
        • Table ADHESIVES & SEALANTS MARKET FOR SOLVENTS
    • Construction
      • Industry Overview
        • Table CONSTRUCTION EXPENDITURES
      • Solvent Demand
        • Table CONSTRUCTION MARKET FOR SOLVENTS
    • Other Markets
      • Table OTHER MARKETS FOR SOLVENTS
      • Chemical Processing
        • Table CHEMICAL PROCESSING MARKET FOR SOLVENTS
      • Pharmaceuticals
        • Table PHARMACEUTICAL MARKET FOR SOLVENTS
      • Transportation
        • Table TRANSPORTATION MARKET FOR SOLVENTS
      • Asphalt Production
        • Table ASPHALT PRODUCTION MARKET FOR SOLVENTS
      • Plastics & Rubber Processing
        • Table PLASTIC & RUBBER PROCESSING MARKET FOR SOLVENTS
      • Electronics
        • Table ELECTRONICS MARKET FOR SOLVENTS
      • Food & Beverage Processing
        • Table FOOD & BEVERAGE PROCESSING MARKET FOR SOLVENTS
      • Metal Processing
        • Table METAL PROCESSING MARKET FOR SOLVENTS
      • Agricultural Chemicals
        • Table AGRICULTURAL CHEMICAL MARKET FOR SOLVENTS
      • Petroleum Refining
        • Table PETROLEUM REFINING MARKET FOR SOLVENTS
      • All Other Markets
        • Table ALL OTHER MARKETS FOR SOLVENTS
  • INDUSTRY STRUCTURE
    • General
      • Table SOLVENT SALES BY COMPANY, 2015
    • Market Share
      • Table CHART V-1 US SOLVENT MARKET SHARE, 2015
    • Industry Restructuring
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Competitive Strategies
      • Low Cost Leadership
      • Cooperative Agreements
        • Table SELECTED COOPERATIVE AGREEMENTS
      • Research & Development
      • Marketing & Product Differentiation
      • Quality & Service
    • Company Profiles
      • Archer-Daniels-Midland Company
      • Arkema SA
      • Ashland Incorporated
      • Axiall Corporation
      • BASF SE
      • BP plc
      • Cargill Incorporated
      • Celanese Corporation
      • Chemours Company
      • Chevron Phillips Chemical Company LLC
      • Croda International plc
      • Dow Chemical Company
      • Eastman Chemical Company
      • Exxon Mobil Corporation
      • Flotek Industries Incorporated
      • Honeywell International Incorporated
      • Huntsman Corporation
      • Indorama Ventures Public Company Limited
      • INEOS Group AG
      • Koch Industries Incorporated
      • Kraton Performance Polymers LLC
      • LyondellBasell Industries NV
      • Marathon Petroleum Corporation
      • Methanex Corporation
      • Monument Chemical Incorporated
      • Occidental Petroleum Corporation
      • OCI Partners LP
      • Olin Corporation
      • OXEA Sàrl
      • PBF Energy Incorporated
      • Petróleos de Venezuela SA
      • Phillips 66
      • Royal Dutch Shell plc
      • Sasol NA Limited
      • Solvay SA
      • Symrise AG
      • Total SA
      • Valero Energy Corporation
    • Other Companies Mentioned in Study

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