The US solvents market will reach $3.4 billion in 2007, with green solvents growing six percent annually to nearly 25 percent of the overall market. Propylene glycol, terpenes and hydrogen peroxide will benefit from lower loadings of traditional solvents. Conventional solvents will post modest gains, largely by replacing hydrocarbons and other problematic solvents.
This study analyzes the US solvents industry, presenting historical data for 1992, 1997 and 2002 and forecasts to 2007 and 2012 by product (e.g., alcohols, hydrocarbons, ethers, ketones, esters, chlorinated solvents, propylene glycol, terpenes, butanediol, vegetable oils, tetrahydrofuran, hydrogen peroxide); by function (e.g., vehicle/carrier/thinner, antifreeze and deicers, cleaners, extraction agents); and by market.
The study also examines the market environment, details industry structure and market share, and profiles 40 industry competitors including Dow Chemical, Lyondell Chemical, Shell Chemical, Exxon Mobil Chemical, Celanese, Eastman Chemical, BP Chemical, Chevron Phillips Chemical, BASF, DuPont, PPG Industries, and Vulcan Chemicals.