The global aprotic solvents market is projected to grow at a CAGR of 3.57% to reach US$18.107 billion by 2023, from US$14.667 billion in 2017. Increasing consumption of Aprotic solvents in a number of industries such as oil and gas, chemical, electronics, and etc. is driving the global Aprotic solvents market growth. Growing pharmaceutical industry is one of the key drivers that are boosting the demand for Aprotic solvents. However, growing health concern regarding the use of toxic solvent and presence of bio-based solvents can restraint the Aprotic solvents market growth.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global aprotic solvents value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global aprotic solvents market.
Major industry players profiled as part of the report are Eastman Chemical Company, BASF SE, The Chemours Company, Arkema, INEOS, Ashland, Mitsui Chemicals, and the Dow Chemical Company.
The global aprotic solvents market has been analyzed through following segments:
By End-User Industry
Oil & Gas
Middle East and Africa