Global Solvents Market was valued US$ 56.57 Bn 2020 and is expected to reach US$ 75.45 Bn by 2027, at a CAGR of 4.2% during a forecast period.

Global Solvents Market

Global Solvents Market Overview

The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global Solvents Market

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List Of TOP KEY PLAYERS in Solvents Market Report are -

KEYPLAYERS

• Royal Dutch Shell
• Eastman Chemical Company
• BASF SE
• ExxonMobil Corporation
• LyondellBasell Industries Holdings B.V
• Ashland Global Holdings
• Celanese Corporation
• Huntsman Corporation
• Solvay
• Honeywell International
• Ineos Group
• Sasol Solvents
• Dow Chemicals
• Chr Hansen Holding A/S
• Ajinomoto
• Herza Chocolate GmbH & Co. KG
• Indena Spa
• Martin Bauer Group
• Frutarom Ltd.

COVID-19 Impact on Market:

In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world. As of March 2020, the most affected countries were the US, China, Italy and Iran. Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries. This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures. China is the world's largest manufacturing country, and has the largest number of raw material suppliers. Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.

Segmentation of the Global Solvents Market by Types, Applications, and Region:

Global Solvents market, by Type

• Alcohols
• Glycol Ethers
• Aromatic
Xylene
Toluene
• Esters
• Ketones
• Aliphatic
Global Solvents market, by Application

• Pharmaceuticals
• Paints & coatings
• Adhesives
• Metal cleaning
• Personal care
• Polymer manufacturing
• Printing inks
• Agricultural chemicals
Global Solvents market, by Source

• Pharmaceutical Based
• Bio-Green

The global Solvents market has been analysed and market size information provided by countries (regions). Segment by Application, The Solvents Market is divided into the United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report covers the region-wise market size from 2016-2027. The report also contains market size and forecasts by type and application segment, in terms of revenue and sales, for the period 2016-2027.

This report provides a detailed analysis of the Global Solvents Market for all stakeholders. This report presents the past and present status of the industry, as well as forecasted market size. Trends are also presented. The report uses simple language to simplify complex data. This report includes all aspects of the industry and a study of key players, including market leaders, followers, as well as new entrants. The report includes a PORTER, SVOR and PESTEL analysis as well as the potential market impact of microeconomic factors. The report includes both internal and external factors that could have a positive or negative effect on the business. This will provide a clear futureistic view of this industry for decision-makers.

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