The global Aliphatic Solvents Market was valued at USD 21.73 Billion in 2020 and is expected to reach USD 35.66 Billion by year 2028, at a CAGR of 6.3%. Solvents are substances used to dissolve, extract or suspend other substances to form a solution, usually without chemically changing either the solvents or other materials. Solvents make it possible to clean, apply, process, or separate materials. They work on the principle of “like dissolves like.” Thus, for a solvent to work, it needs to have similar chemical characteristics. Usually liquid, solvents can exist in the gas or solid form too. The most common solvent is water, aptly called the “universal solvent” as it dissolves more substances than any other solvent.
Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1481
Top Players in the Global Aliphatic Solvents Market:
Dow Chemical, LyondellBasell, Exxon Mobil, Eastman Chemical, Archer-Daniels-Mildland (ADM), Royal Dutch Shell Plc., BASF SE.
Number of scientists are engaged in the launch of new solvents. For instance, research by scientists from Queen's University Belfast on ionic liquid chemistry has been named the 'Most Important British Innovation of the 21st Century'. A team of nearly 100 scientists are exploring the potential of ionic liquids at Queen's. Popularly known as 'super solvents', they are salts that remain liquid at room temperature and do not form vapours. They can be used as non-polluting alternatives to conventional solvents and are revolutionising chemical processes by offering a much more environmentally friendly solution than traditional methods.The global solvent market is propelled by number of factors such as increasing demand for solvents from emerging economies, favourable government regulations for the use of bio-based solvents.
Read full Report Description@ https://www.reportsanddata.com/report-detail/solvents-market
Market segmentation based on Type:
- Paints Coatings,
- Printing Inks
- Polymer Manufacturing,
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/1481
Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Aliphatic Solvents Market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Aliphatic Solvents Market?
- Which regional market is expected to lead in terms of revenue share in the global Aliphatic Solvents Market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370