The global aprotic solvent market is estimated to grow with approx.3.77% CAGR during the year 2018-2026. The base year considered for the study is 2017 and forecast period is between 2018-2026. The global Aprotic Solvent market is primarily driven by the following factors: Growing end-use industries. Increasing demand from emerging economies. The important driver increasing the growth of the Global Aprotic solvent market is the growing end-use industries. Pharmaceuticals, oil & gas, paints & coatings, and electronics are some of the major application areas of aprotic solvents.

GLOBAL APROTIC SOLVENTS MARKET FORECAST 2018-2026

Aprotic Solvent Market by Product (N-methyl-2-pyrrolidone (Nmp), Toluene, Benzene, Acetone, Others) by Application (Oil & Gas, Pharmaceuticals, Paints & Coatings, Electronics, Others) & by Geography

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The global aprotic solvent market is estimated to grow with approx.3.77% CAGR during the year 2018-2026. The base year considered for the study is 2017 and forecast period is between 2018-2026. The global aprotic solvent market is primarily driven by the following factors:

  • Growing end-use industries
  • Increasing demand from emerging economies

 

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The important driver increasing growth in the global aprotic solvent market is the growing end-user industries. Pharmaceuticals, oil & gas, paints & coatings, and electronics are some of the major application areas of aprotic solvents. The oil & gas industry is dominated by U.S., Russia, and the Middle Eastern countries. They are the major exporters of these products to other countries. However, the pharmaceutical industry, which grew at an impressive rate from 2013 to 2015, is playing a key role in the growth of the aprotic solvents market.

Oil and gas industry is the major contributor to the global aprotic solvent market. As a result, its rising consumption all over the world is boosting the market. The pharmaceutical industry is expected to witness high growth rate throughout the forecast period. This can be attributed to the growing innovations in the industry, which is paving the way for new drugs.

The emergence of bio-based solvents and stringent government regulations are the major factors hindering the aprotic solvent market. Bio-based solvents represent a new trend in the chemical industry globally. These solvents are more sustainable, renewable, and do not damage the environment as much as traditional solvents. They contain low carbon level, which helps in damage control of the environment. The European Commission has recommended increased use of bio-based products, including bio-based solvents, in order to maintain the environmental balance.

The global aprotic solvent market segments include products and application.

Products are segmented into:

  • N-Methyl-2-Pyrrolidone (Nmp)
  • Toluene
  • Benzene
  • Acetone
  • Others

Applications are segmented into:

  • Oil & Gas
  • Pharmaceuticals
  • Paints & Coatings
  • Electronics
  • Others

The report scope is widely categorized on the basis of its products and application. Moreover, the market revenue estimates and forecasts include only the aprotic solvents and exclude any other solvents.

Geographically, the global aprotic solvent market has been segmented on the basis of five major regions, which include:

Asia Pacific was the largest market for aprotic solvents in 2017. It accounted for a major share of the global market in the same year. This region is driven by the growing pharmaceutical sector. Besides, emerging economies such as China and India are projected to boost the demand for aprotic solvents over the forecast period. Major paints & coatings market players such as Asian Paints and Nippon Paints are based in the Asia Pacific region. The presence of a large number of key paints & coatings companies is also providing a competitive edge to this region over other regions. Likewise, major electronic companies such as Nikon, Samsung, Hitachi, and Sony are also headquartered in this region. Thus, owing to the growing requirement from these industries, the market for aprotic solvents is expected to witness a significant growth.

The aprotic solvent market is segmented based on products which are sub-divided into N-Methyl-2-Pyrrolidone (NMP), toluene, benzene, acetone and others. The market is also segmented on the basis of applications, which are sub-divided into oil & gas, pharmaceuticals, paints & coatings, electronics and others.

The major market players in the global aprotic solvent market are:

  • Eastman Chemical Company
  • Asahi Kasei Corporation
  • Ineos Group Ag
  • China National Petroleum Corporation (Cnpc)
  • Basf Se
  • Others

Company Profiles covers analysis of important players

These companies are using organic and inorganic strategies for growth. For instance, Eastman Chemical Company announced it has partnered with Phoenix Venture Partners LLC (PVP) via an investment in its officially closed new venture capital fund, PVP II LP. This is another step forward for Eastman’s expanding external innovation model.  The investment increases Eastman’s external innovation reach beyond the academic alliances into the start-up venture sector. In May 2017, INEOS announced that it has agreed to acquire the Dong Oil & Gas Business from DONG Energy A/S for an unconditional payment of $1.05bn, plus a contingent payment of USD 150 million related to the Fredericia stabilisation plant and a contingent payment of up to USD 100 million subject to the development of the Rosebank field.

Key findings of the global aprotic solvent market:

  • Growing end-use industries and increasing demand from emerging economies is fueling growth in the global aprotic solvent market.
  • Asia Pacific accounted for the largest revenue share in 2017.
  • Oil & Gas segment is dominating the market due to its rising consumption all over the world
  • Increasing government support
  • Product launch is the key strategy adopted by various market players of the global aprotic solvent market.
  • Toluene is a major product segment.
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
  4. MARKET DYNAMICS
    • MARKET DEFINITION
    • DRIVERS
      • GROWING END-USE INDUSTRIES
      • INCREASING DEMAND FROM EMERGING ECONOMIES
    • RESTRAINTS
      • EMERGENCE OF BIO-BASED SOLVENTS
      • STRINGENT GOVERNMENT REGULATIONS
    • OPPORTUNITIES
      • REBIRTH OF OIL & GAS INDUSTRIES IN NORTH AMERICA
      • INCREASING INVESTMENT
    • CHALLENGES
      • IRREGULAR SUPPLY OF BENZENE
  1. MARKET BY PRODUCT
    • N-METHYL-2-PYRROLIDONE (NMP)
    • TOLUENE
    • BENZENE
    • ACETONE
    • OTHERS
  2. MARKET BY APPLICATION
    • OIL & GAS
    • PHARMACEUTICALS
    • PAINTS & COATINGS
    • ELECTRONICS
    • OTHERS
  3. KEY ANALYTICS
    • PORTER’S 5 FORCE ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE PRODUCTS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • VENDOR LANDSCAPE
    • OPPORTUNITY MATRIX
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • US
      • CANADA
    • EUROPE
      • GERMANY
      • UK
      • SPAIN
      • ITALY
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF APAC
    • LATIN AMERICA
      • BRAZIL
      • ARGENTINA
      • REST OF LATIN AMERICA
    • MEA
  5. COMPANY PROFILES
    • EASTMAN CHEMICAL COMPANY
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • ASAHI KASEI CORPORATION
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • MITSUBISHI CHEMICAL HOLDINGS CORPORATION
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • INEOS GROUP AG
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVES:
    • CELANESE CORPORATION
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVES
    • BASF SE
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • ROYAL DUTCH SHELL PLC
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • DUPONT
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • DOW CHEMICALS
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • SCOT ANALYSIS
      • STRATEGIC INITIATIVE
    • ASHLAND INC
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVESLIST OF TABLES

 

TABLE LIST

TABLE 1 GLOBAL APROTIC SOLVENTS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 2 GLOBAL APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 3 GLOBAL N-METHYL-2-PYRROLIDONE (NMP) MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 4 GLOBAL TOLUENE MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 5 GLOBAL BENZENE MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 6 GLOBAL ACETONE MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 7 GLOBAL OTHERS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 8 GLOBAL APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 9 GLOBAL OIL & GAS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 10 GLOBAL PHARMACEUTICALS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 11 GLOBAL PAINTS & COATINGS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 12 GLOBAL ELECTRONICS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 13 GLOBAL OTHERS MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 14 GLOBAL APROTIC SOLVENT MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 15 NORTH AMERICA APROTIC SOLVENT MARKET BY PRODUCTS 2018-2026 ($ MILLION)

TABLE 16 NORTH AMERICA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 17 NORTH AMERICA APROTIC SOLVENT MARKET BY COUNTRY 2018-2026 ($ MILLION)

TABLE 18 US APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 19 US APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 20 CANADA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 21 CANADA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 22 REST OF NORTH AMERICA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 23 REST OF NORTH AMERICA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 24 EUROPE APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 25 EUROPE APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 26 EUROPE APROTIC SOLVENT MARKET BY COUNTRY 2018-2026 ($ MILLION)

TABLE 27 GERMANY APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 28 GERMANY APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 29 UK APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 30 UK APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 31 SPAIN APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 32 SPAIN APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 33 REST OF EUROPE APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 34 REST OF EUROPE APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 35 ASIA PACIFIC APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 36 ASIA PACIFIC APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 37 ASIA PACIFIC APROTIC SOLVENT MARKET BY COUNTRY 2018-2026 ($ MILLION)

TABLE 38 CHINA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 39 CHINA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 40 INDIA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 41 INDIA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 42 JAPAN APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 43 JAPAN APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 44 REST OF APAC APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 45 REST OF APAC APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 46 LATIN AMERICA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 47 LATIN AMERICA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 48 LATIN AMERICA APROTIC SOLVENT MARKET BY COUNTRY 2018-2026 ($ MILLION)

TABLE 49 BRAZIL APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 50 BRAZIL APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 51 ARGENTINA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 52 ARGENTINA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 53 REST OF LATIN AMERICA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 54 REST OF LATIN AMERICA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 55 MEA APROTIC SOLVENT MARKET BY PRODUCT 2018-2026 ($ MILLION)

TABLE 56 MEA APROTIC SOLVENT MARKET BY APPLICATION 2018-2026 ($ MILLION)

 

FIGURE LIST

FIGURE 1 GLOBAL APROTIC SOLVENTS MARKET BY PRODUCT 2018-2026 ($ MILLION)

FIGURE 2 PHARMACEUTICAL INDUSTRY MARKET SIZE, 2013-2015 ($ BILLION)

FIGURE 3 ELECTRONICS INDUSTRY MARKET SIZE, 2013-2015 ($ BILLION)

FIGURE 4 INDIAN CHEMICAL INDUSTRY MARKET SIZE, 2013-2015 ($ BILLION)

FIGURE 5 GLOBAL N-METHYL-2-PYRROLIDONE (NMP) MARKET 2018-2026 ($ MILLION)

FIGURE 6 GLOBAL TOLUENE MARKET 2018-2026 ($ MILLION)

FIGURE 7 GLOBAL BENZENE MARKET 2018-2026 ($ MILLION)

FIGURE 8 GLOBAL ACETONE MARKET 2018-2026 ($ MILLION)

FIGURE 9 GLOBAL OTHERS MARKET 2018-2026 ($ MILLION)

FIGURE 10 GLOBAL OIL & GAS MARKET 2018-2026 ($ MILLION)

FIGURE 11 GLOBAL PHARMACEUTICALS MARKET 2018-2026 ($ MILLION)

FIGURE 12 GLOBAL PAINTS & COATINGS MARKET 2018-2026 ($ MILLION)

FIGURE 13 GLOBAL ELECTRONICS MARKET 2018-2026 ($ MILLION)

FIGURE 14 GLOBAL OTHERS MARKET 2018-2026 ($ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • US
      • CANADA
  1. MARKET BY PRODUCT
    • N-METHYL-2-PYRROLIDONE (NMP)
    • TOLUENE
    • BENZENE
    • ACETONE
    • OTHERS
  2. MARKET BY APPLICATIONOIL & GAS
    • PHARMACEUTICALS
    • PAINTS & COATINGS
    • ELECTRONICS
    • OTHERS

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