The High Purity Solvent Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The High Purity Solvent Market:
https://www.thebusinessresearchcompany.com/report/high-purity-solvent-global-market-report
According to The Business Research Company’s High Purity Solvent Global Market Report 2024, The high purity solvent market size has grown strongly in recent years. It will grow from $55.59 billion in 2023 to $60.77 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to stringent quality standard, growing electronic manufacturing, pharmaceutical industry growth, increasing analytical chemistry applications, globalization of chemical industries.
The high purity solvent market size is expected to see rapid growth in the next few years. It will grow to $90.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to emergence of green chemistry, increasing demand in nanotechnology, bio-based solvents, focus on specialty chemicals manufacturing, environmental and safety regulations. Major trends in the forecast period include increasing adoption in clean energy technologies, technological innovations in solvent purification, increasing use in research and analytical chemistry, technological advancements in production processes, emergence of customized solvent solutions.
The increasing demand for paints and coatings is expected to propel the growth of the high purity solvent market going forward. Paints and coatings refer to a liquid, liquefiable, or solid mastic material that solidifies after being applied to a substrate in a thin layer. High purity solvents are used to dissolve various components used in paint and coating formulations. For instance, in June 2021, according to the American Coatings Association, a US-based non-profit organization, the United States coating industry is contributing significant revenues to the US economy by exporting over $2.2 billion in coating products. Therefore, the increasing demand for paints and coatings is driving the growth of the high purity solvent market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=6326&type=smp
The high purity solvent market covered in this report is segmented –
1) By Type: Acetone, Acetonitrile, Dimethyl Sulfoxide, Other Types
2) By Category: Polar Solvent, Non-Polar Solvent
3) By Applications: Liquid Crystal Displays, Lithium-Ion Batteries, Electroplating, Polymer Resins, Catalysts, Other Applications
4) By End-User: Pharmaceutical, Chemicals, Cosmetics and Personal Care, Food and beverages, Agriculture, Paints and Coatings, Biotechnology, Electrical and Electronics, Other End Users
Major companies operating in the antiviral and high purity solvents market are focusing on facility expansions, such as manufacturing facility, to better meet the needs of their existing consumers. A manufacturing facility is a building or group of buildings where raw materials are transformed into finished goods. For instance, in August 2021, Nova Molecular Technologies, Inc., a US-based chemical processing and specialty chemicals company, announced the construction of a new facility in Sumter, South Carolina. Racetrack Road (RTR) is a new expansion site that will significantly improve capabilities that promote Nova's principles of protection, integrity, quality, dedication, sustainability, and innovation. The RTR facility will allow Nova to develop the techniques and technologies required to create the best-grade biopharmaceutical and scientific solvents currently available, and novel solvents and chemicals to fulfill the rising demands of Nova's existing and prospective markets.
The high purity solvent market report table of contents includes:
1. Executive Summary
2.High Purity Solvent Market Characteristics
3.High Purity Solvent Market Trends And Strategies
4.High Purity Solvent Market analysis
5.High Purity Solvent Market Size And Growth
6.High Purity Solvent Segmentation
7.High Purity Solvent Regional And Country Analysis
.
.
.
27. High Purity SolventCompetitive Landscape And Company Profiles
28.High Purity Solvent Key Mergers And Acquisitions
29.High Purity Solvent Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Exxon Mobil Corporation
- MP Biomedicals LLC
- BASF SE
- Dow Inc.
- Bayer AG
- Thermo Fisher Scientific Inc.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
High Purity Alumina Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Altech Chemicals Ltd, Zibo Honghe Chemical Co., Ltd, CoorsTek Inc., Almatis, Inc., Sumitomo Chemical Co., Ltd, FYI Resources Limited, Baikowski, Nippon Light Metal Holdings Co., Ltd, Polar Sapphire Ltd., and Pure Alumina.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global High Purity Alumina Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/high-purity-alumina-market/download-sampleMarket SegmentationThe broad High Purity Alumina market has been sub-grouped into the Application ,Product, and region.
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.
