North America Aprotic Solvent Market Forecast 2017-2025
KEY FINDINGS The North America aprotic solvent market is poised to grow at a CAGR of 3.28%, increasing its value from $3855.7 million to - $5130 million, for the forecast years of 2017-2025. MARKET INSIGHTS The market segments are categorized by products and applications. The market products include acetone, n-methyl-2-pyrrolidone (NMP), benzene, toluene, and others. The market finds its application in industries like paints & coatings, electronics, oil & gas, pharmaceuticals, and many more. Rebirth of oil & gas industries in North America and the growing investments in the region are presenting numerous opportunities for the market growth. However, the rise of bio-based solvents and strict government regulations are the major hindering factors for the market expansion. COMPETITIVE INSIGHTS Ineos Group Ag, BASF SE, Dupont, Ashland Inc, Eastman Chemical Company, Celanese Corporation, and Mitsubishi Chemical Holdings Corporation are few of the well-known market players.