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The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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Which is base year calculated in the global deep hole drilling machines market report?

The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

Global Solvents Market Report By Product (Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, and Others), Application (Cleaning Products, Paints & Coatings, Printing Inks, Pharmaceuticals, Adhesives, Cosmetics, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11210266

April 2021

Report Formats:

Upscaling demand of solvents from paints, coating, printing inks, dyes, metal finishing, pharmaceutical, adhesives, and other end-use sectors is driving the market growth. Rising environmental concerns leading to stringent regulation on the emission of VOC compounds is generating high demand for biobased solvents. In addition to this, Low production cost, cost-effective and eco-friendly alternative is further gaining demand for green solvents.

The latest report by Value Market Research expects the Global Solvent Market to reach USD 37.6 billion by 2025. It was valued USD 28.6 billion in 2018. The report foresees a 4% CAGR from 2019 to 2025.

ALCOHOL DOMINATED THE PRODUCT SEGMENT
On the basis of product, alcohol emerged as the leading product in 2018. Upsurging demand of various alcohols and their derivatives in a diverse area of application such as in chemical, paints and coating, pharmaceutical, manufacturing, and many more industries are driving the segment growth.

PAINTS AND COATINGS HAS LED THE APPLICATION SEGMENT
By application, paints and coatings dominated the segment in 2018. Expanding the printing industry along with growing global demand of varnishes, dyes, inks, metal finishing is generated high demand for solvents. Rising usage of paints & coating from architectural, construction, automotive and other end-use industries is boosting the market growth.

ASIA PACIFIC ACCOUNTED FOR MAJOR MARKET SHARE
Geographically, Asia Pacific held the highest market share and has dominated the market in 2018. Ongoing construction and refurbishment activities of residential and commercial infrastructure are driving the regional market. Extensive usage of paint & coating in construction activities has contributed immensely to the growth of the solvent market.

KEY PLAYERS OF THE MARKET
Major players of the solvent market are Ashland Inc., BASF SE, Celanese Corporation, Dow Chemical Company, Eastman Chemical Company, Exxon Mobil Corporation, Honeywell International Inc., Ineos A.G., Maruzen Petrochemical, Sasol Solvents, Shell Chemical, and Solvay Chemicals.

As per this study the Global Solvents Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of X%. By volume, the market was estimated XX KT in 2019 and is expected to reach XX KT by 2025 with a CAGR of XX%.

Solvents refer to a class of chemical compounds which are used to dissolve or suspend the other materials. Perhaps, water is the most common solvent used in everyday life and some of the solvents are also organic compounds, such as benzene, tetrachloroethylene, or turpentine. Solvents composed of polar molecules, like water, and dissolve other polar molecules, such as table salt, while nonpolar solvents, such as gasoline, dissolve nonpolar substances such as wax. The degree that a solvent dissolves in a given solute is referred to as its solubility. For example, Ethyl alcohol is highly soluble in water and Vinegar is very insoluble in oil.

Market Dynamics

Developing automotive and construction sectors all over the world are the major reasons anticipated to drive the demand for solvents across paints and coatings application. Apart from this, growth in consumer-oriented markets such as cleaning products, cosmetics, and toiletries will also stimulate demand for “green” solvents, such as butanediol derivatives, terpenes, and alcohols. Further, commencement of green & bio-solvents and ongoing research and development are likely to offer new opportunities for the growth of the global solvents market in the years to come.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of solvents.

Market Segmentation

The broad solvents market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Product

By Application

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for solvents in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Global Solvents Market Share by Region (Representative Graph)

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the solvents market includes Ashland Inc., BASF SE, Celanese Corporation, Dow Chemical Company, Eastman Chemical Company, Exxon Mobil Corporation, Honeywell International Inc., Ineos A.G., Maruzen Petrochemical, Sasol Solvents, Shell Chemical, and Solvay Chemicals. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

METHODOLOGY:

A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Solvents Market
       2.2. Global Solvents Market Snapshot

3 . SOLVENTS – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Solvents Market
       3.3. Market Restraints of Solvents Market
       3.4. Opportunities of Solvents Market
       3.5. Trends of Solvents Market
       3.6. Porter’s Five Force Analysis of Solvents Market
       3.7. Solvents Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Solvents Value Chain Analysis
       4.2. Solvents Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Solvents Raw Material Manufactures List
           4.2.3. Price Trend of Solvents Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . GLOBAL SOLVENTS MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Solvents Market Analysis by Product
       5.3 Market Analysis of Alcohols by Regions
       5.4 Market Analysis of Hydrocarbons by Regions
       5.5 Market Analysis of Ketones by Regions
       5.6 Market Analysis of Esters by Regions
       5.7 Market Analysis of Chlorinated by Regions
       5.8 Market Analysis of Others by Regions

6 . GLOBAL SOLVENTS MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Solvents Market Analysis by Application
       6.3 Market Analysis of Cleaning Products by Regions
       6.4 Market Analysis of Paints & Coatings by Regions
       6.5 Market Analysis of Printing Inks by Regions
       6.6 Market Analysis of Pharmaceuticals by Regions
       6.7 Market Analysis of Adhesives by Regions
       6.8 Market Analysis of Cosmetics by Regions
       6.9 Market Analysis of Others by Regions

7 . GLOBAL SOLVENTS MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Solvents Market Estimate by Market Segment
           7.3.3. North America Solvents Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Solvents Market Estimate by Market Segment
           7.4.3. Europe Solvents Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Solvents Market Estimate by Market Segment
           7.5.3. Asia Pacific Solvents Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Solvents Market Estimate by Market Segment
           7.6.3. Latin America Solvents Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Solvents Market Estimate by Market Segment
           7.7.3. Middle East & Africa Solvents Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa

8 . COMPETITIVE LANDSCAPE OF THE SOLVENTS COMPANIES
       8.1. Solvents Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments

9 . COMPANY PROFILES OF SOLVENTS INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Ashland Inc.
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. BASF SE
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Celanese Corporation
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Dow Chemical Company
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Eastman Chemical Company
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Exxon Mobil Corporation
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Honeywell International Inc.
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Ineos A.G.
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Maruzen Petrochemical
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Sasol Solvents
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Shell Chemical
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. Solvay Chemicals
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments

10. IMPACT ANALYSIS OF COVID-19 OUTBREAK
10.1. Impact Analysis of Covid-19 Outbreak on the Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
10.3. Pre V/S Post COVID-19 Market
10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
10.5. COVID-19: Micro and Macro Factor Analysis on the Market

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Solvents Report
Market Research Process
Market Research Methodology
Global Solvents Market Size, by Region (2019)
Porters Five Forces Analysis
Market Attractiveness Analysis by Product
Market Attractiveness Analysis by Application
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Solvents Market Analysis by Product
Global Solvents Market Analysis in Alcohols by Region
Global Solvents Market Analysis in Hydrocarbons by Region
Global Solvents Market Analysis in Ketones by Region
Global Solvents Market Analysis in Esters by Region
Global Solvents Market Analysis in Chlorinated by Region
Global Solvents Market Analysis in Others by Region
Global Solvents Market Analysis by Application
Global Solvents Market Analysis in Cleaning Products by Region
Global Solvents Market Analysis in Paints & Coatings by Region
Global Solvents Market Analysis in Printing Inks by Region
Global Solvents Market Analysis in Pharmaceuticals by Region
Global Solvents Market Analysis in Adhesives by Region
Global Solvents Market Analysis in Cosmetics by Region
Global Solvents Market Analysis in Others by Region
Global Solvents Market by Volume And Revenue
North America Solvents Market by Volume And Revenue
Europe Solvents Market by Volume And Revenue
Asia Pacific Solvents Market by Volume And Revenue
Latin America Solvents Market by Volume And Revenue
Middle East & Africa Solvents Market by Volume And Revenue
Recent Development in Solvents Industry
Company Market Share Analysis, 2019

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
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Analyze competitive developments

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ID:VMR11210266

April 2021

Report Formats: