Solvents

As Quoted In Products Finishing

Strength in building construction will stimulate not only construction related solvent use, but also increased solvent demand in paint and coatings and other construction-related materials.

US demand to rise 1.5% annually through 2018

US demand for solvents is expected to increase at a 1.5 percent annual pace through 2018 to eleven billion pounds, driven by a robust recovery in construction spending along with a continued rebound in manufacturing output. Strength in both nonresidential and residential building construction will stimulate not only direct solvent use in construction related activities, but also increased solvent demand in paint and coatings and other construction-related materials. Solvent use in a variety of manufacturing applications, most notably in chemical processing, will be supported in part by comparatively low natural gas prices that will help boost the competitiveness of US manufacturers.

Green solvents demand to benefit alcohols, glycols

Steadily growing concerns about sustainability and chemical toxicity, as well as regulatory pressure, will drive demand for “green” solvents that are derived from renewable raw materials. This will contribute to growth in alcohols and glycols, which will see the largest gains of all solvents. In addition to favoring more eco-friendly solvents, tightening regulatory standards will also have a restraining influence on overall solvent demand growth, as will industry efforts to limit waste and reduce costs through increased solvent recovery and recycling.

Consumer demand for products with low environmental impact will drive producers in the cleaning products and cosmetics and toiletries markets to introduce new or reformulated products that make use of greener solvents. Additionally, environmental regulations aimed at reducing VOC emissions will continue to propel the shift from conventional solvents to green solvents. This shift has provided a boost for lower-VOC glycol solvent demand in the paint and coatings market. Similarly, alcohol solvents will see increased demand from the pharmaceuticals market in order to help producers meet strict FDA and EPA regulations. Shifts in demand in the sizable printing inks market will also be affected by the trend toward greener solvent products.

Paint and coatings to become largest market

The paint and coatings market will replace the transportation market as the largest solvents consumer by 2018. Restrained by lengthening engine coolant flush intervals and increased consumer demand for longer-lasting, less toxic propylene glycol antifreeze, demand for solvents in the transportation market will grow at a below average pace through 2018. Additionally, solvent recycling operations will provide additional downward pressure on overall solvent demand going forward.

Study coverage

This Freedonia industry study, Solvents, presents historical demand data for 2003, 2009 and 2013, and forecasts for 2018 and 2023 by product (e.g., green solvents, alcohols, glycols, hydrocarbons, ketones, esters, chlorinated solvents, soy oil and derivatives, butanediol and derivative solvents, terpenes) and market (e.g., transportation, paint and coatings, printing inks, cleaning products, cosmetics and toiletries, adhesives and sealants, construction, chemical processing).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 industry players, including Dow Chemical, LyondellBasell and Exxon Mobil.

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Purchase Solvents by the Section

  1. Solvents

    $5,100.00

    1. 1 INTRODUCTION

      $109.00

    2. 2 EXECUTIVE SUMMARY

      $139.00

      1. Table | SOLVENTS DEMAND

    3. 3 MARKET ENVIRONMENT

      $2,227.00

      1. 3.1 General

        $82.00

      2. 3.2 Demographic Trends

        $187.00

        1. Table | POPULATION & HOUSEHOLDS

      3. 3.3 Macroeconomic Outlook

        $214.00

        1. Table | MACROECONOMIC INDICATORS

      4. 3.4 Consumer Spending

        $127.00

        1. Table | PERSONAL CONSUMPTION EXPENDITURES

      5. 3.5 Manufacturing Outlook

        $883.00

        1. Table | MANUFACTURERS' SHIPMENTS

        2. 3.5.1 Food & Beverage Outlook

          $174.00

          1. Table | FOOD & BEVERAGE SHIPMENTS

        3. 3.5.2 Chemical Industry Outlook

          $137.00

          1. Table | CHEMICAL PRODUCT SHIPMENTS

        4. 3.5.3 Electronics Industry Outlook

          $209.00

          1. Table | ELECTRONIC & COMPUTER PRODUCT SHIPMENTS

        5. 3.5.4 Plastics & Rubber Industry Outlook

          $82.00

          1. Table | PLASTIC & RUBBER SHIPMENTS

        6. 3.5.5 Petroleum Refining Outlook

          $104.00

          1. Table | REFINED PETROLEUM PRODUCTS SUPPLY & DEMAND

      6. 3.6 Environmental & Regulatory Issues

        $344.00

        1. 3.6.1 Air Quality Issues

          $162.00

        2. 3.6.2 Worker Safety Issues

          $82.00

        3. 3.6.3 Solvent Recycling

          $82.00

      7. 3.7 Historical Market Trends

        $130.00

        1. Table | SOLVENTS MARKET, 2003-2013

        2. CHART II-1 SOLVENTS MARKET, 2004-2013

      8. 3.8 Pricing Trends

        $125.00

        1. Table | SOLVENTS PRICING

      9. 3.9 International Activity & Foreign Trade

        $163.00

    4. 4 PRODUCTS

      $4,350.00

      1. 4.1 Demand Overview

        $160.00

        1. Table | SOLVENTS DEMAND BY PRODUCT

        2. CHART III-1 SOLVENTS DEMAND BY PRODUCT, 2013: VOLUME & VALUE

      2. 4.2 Functions

        $112.00

        1. Table | SOLVENTS DEMAND BY FUNCTION

        2. CHART III-2 SOLVENTS DEMAND BY FUNCTION, 2013

      3. 4.3 Green Solvents

        $120.00

        1. Table | SOLVENTS DEMAND: CONVENTIONAL VS. GREEN

        2. CHART III-3 CONVENTIONAL VS. GREEN SOLVENT DEMAND, 2003-2023

      4. 4.4 Alcohols

        $825.00

        1. Table | ALCOHOL SOLVENTS DEMAND BY TYPE

        2. CHART III-4 ALCOHOL SOLVENTS DEMAND BY TYPE, 2013

        3. 4.4.1 Ethanol

          $204.00

          1. Table | ETHANOL SOLVENTS DEMAND

        4. 4.4.2 Methanol

          $135.00

          1. Table | METHANOL SOLVENTS DEMAND

        5. 4.4.3 Isopropanol

          $136.00

          1. Table | ISOPROPANOL SOLVENTS DEMAND

        6. 4.4.4 Butanol

          $130.00

          1. Table | BUTANOL SOLVENTS DEMAND

        7. 4.4.5 Other Alcohols

          $100.00

          1. Table | OTHER ALCOHOL SOLVENTS DEMAND

        8. 4.4.6 Market Share

          $82.00

          1. CHART III-5 ALCOHOL SOLVENTS MARKET SHARE, 2013

      5. 4.5 Glycols

        $851.00

        1. Table | GLYCOL SOLVENTS DEMAND BY TYPE

        2. CHART III-6 GLYCOL SOLVENTS DEMAND BY TYPE, 2013

        3. 4.5.1 Ethylene Glycol

          $163.00

          1. Table | ETHYLENE GLYCOL SOLVENTS DEMAND

        4. 4.5.2 Propylene Glycol

          $166.00

          1. Table | PROPYLENE GLYCOL SOLVENTS DEMAND

        5. 4.5.3 E-Series Glycol Ethers

          $121.00

          1. Table | E-SERIES GLYCOL ETHER SOLVENTS DEMAND

        6. 4.5.4 P-Series Glycol Ethers

          $119.00

          1. Table | P-SERIES GLYCOL ETHER SOLVENTS DEMAND

        7. 4.5.5 Dipropylene Glycol

          $82.00

          1. Table | DIPROPYLENE GLYCOL SOLVENTS DEMAND

        8. 4.5.6 Other Glycols

          $82.00

          1. Table | OTHER GLYCOL SOLVENTS DEMAND

        9. 4.5.7 Market Share

          $82.00

          1. CHART III-7 GLYCOL SOLVENTS MARKET SHARE, 2013

      6. 4.6 Hydrocarbons

        $262.00

        1. Table | HYDROCARBON SOLVENTS DEMAND BY TYPE & MARKET

        2. 4.6.1 Types

          $82.00

        3. 4.6.2 Producers

          $82.00

      7. 4.7 Ketones

        $515.00

        1. Table | KETONE SOLVENTS DEMAND BY TYPE

        2. CHART III-8 KETONE SOLVENTS DEMAND BY TYPE, 2013

        3. 4.7.1 Acetone

          $158.00

          1. Table | ACETONE SOLVENTS DEMAND

        4. 4.7.2 Methyl Ethyl Ketone

          $102.00

          1. Table | METHYL ETHYL KETONE SOLVENTS DEMAND

        5. 4.7.3 Methyl Isobutyl Ketone

          $92.00

          1. Table | METHYL ISOBUTYL KETONE SOLVENTS DEMAND

        6. 4.7.4 Other Ketones

          $82.00

          1. Table | OTHER KETONE SOLVENTS DEMAND

        7. 4.7.5 Market Share

          $82.00

          1. CHART III-9 KETONE SOLVENTS MARKET SHARE, 2013

      8. 4.8 Esters

        $303.00

        1. Table | ESTER SOLVENTS DEMAND BY TYPE

        2. CHART III-10 ESTER SOLVENTS DEMAND BY TYPE, 2013

        3. 4.8.1 Ethyl Acetate

          $82.00

          1. Table | ETHYL ACETATE SOLVENTS DEMAND

        4. 4.8.2 Butyl Acetate

          $82.00

          1. Table | BUTYL ACETATE SOLVENTS DEMAND

        5. 4.8.3 Other Esters

          $82.00

          1. Table | OTHER ESTER SOLVENTS DEMAND

        6. 4.8.4 Market Share

          $82.00

          1. CHART III-11 ESTER SOLVENTS MARKET SHARE, 2013

      9. 4.9 Chlorinated Solvents

        $469.00

        1. Table | CHLORINATED SOLVENTS DEMAND BY TYPE

        2. CHART III-12 CHLORINATED SOLVENTS DEMAND BY TYPE, 2013

        3. 4.9.1 Methylene Chloride

          $82.00

        4. 4.9.2 Perchloroethylene

          $82.00

        5. 4.9.3 Trichloroethylene

          $82.00

        6. 4.9.4 Other Chlorinated Solvents

          $82.00

        7. 4.9.5 Markets

          $85.00

          1. Table | CHLORINATED SOLVENTS DEMAND BY MARKET

        8. 4.9.6 Market Share

          $82.00

          1. CHART III-13 CHLORINATED SOLVENTS MARKET SHARE, 2013

      10. 4.10 Soy Oil & Derivatives

        $133.00

        1. Table | SOY OIL & DERIVATIVE SOLVENTS DEMAND

      11. 4.11 Butanediol & Derivative Solvents

        $350.00

        1. Table | BUTANEDIOL & DERIVATIVE SOLVENTS DEMAND BY TYPE

        2. 4.11.1 Butanediol

          $87.00

          1. Table | BUTANEDIOL SOLVENTS DEMAND

        3. 4.11.2 Gamma-Butyrolactone & Derivatives

          $111.00

          1. Table | GAMMA-BUTYROLACTONE & DERIVATIVES SOLVENTS DEMAND

        4. 4.11.3 Tetrahydrofuran

          $82.00

          1. Table | TETRAHYDROFURAN SOLVENTS DEMAND

        5. 4.11.4 Market Share

          $82.00

          1. CHART III-14 BUTANEDIOL & DERIVATIVE SOLVENTS MARKET SHARE, 2013

      12. 4.12 Terpenes

        $98.00

        1. Table | TERPENES SOLVENTS DEMAND BY PRODUCT & MARKET

      13. 4.13 Other Solvents

        $153.00

        1. Table | OTHER SOLVENTS DEMAND BY PRODUCT & MARKET

    5. 5 MARKETS

      $2,758.00

      1. 5.1 General

        $87.00

        1. Table | SOLVENTS DEMAND BY MARKET

        2. CHART IV-1 SOLVENTS DEMAND BY MARKET, 2013

      2. 5.2 Transportation

        $222.00

        1. 5.2.1 Industry Overview

          $82.00

          1. Table | TRANSPORTATION INDICATORS

        2. 5.2.2 Solvents Demand

          $126.00

          1. Table | TRANSPORTATION MARKET FOR SOLVENTS

      3. 5.3 Paint & Coatings

        $249.00

        1. 5.3.1 Industry Overview

          $82.00

          1. Table | PAINT & COATINGS SHIPMENTS

        2. 5.3.2 Solvents Demand

          $191.00

          1. Table | PAINT & COATINGS MARKET FOR SOLVENTS

      4. 5.4 Printing Inks

        $337.00

        1. 5.4.1 Industry Overview

          $108.00

          1. Table | PRINTING INKS SHIPMENTS

        2. 5.4.2 Solvents Demand

          $199.00

          1. Table | PRINTING INKS MARKET FOR SOLVENTS

      5. 5.5 Cleaning Products

        $251.00

        1. 5.5.1 Industry Overview

          $82.00

          1. Table | CLEANING PRODUCTS SHIPMENTS

        2. 5.5.2 Solvents Demand

          $142.00

          1. Table | CLEANING PRODUCTS MARKET FOR SOLVENTS

      6. 5.6 Cosmetics & Toiletries

        $261.00

        1. 5.6.1 Industry Overview

          $134.00

          1. Table | COSMETICS & TOILETRIES SUPPLY & DEMAND

        2. 5.6.2 Solvents Demand

          $108.00

          1. Table | COSMETICS & TOILETRIES MARKET FOR SOLVENTS

      7. 5.7 Adhesives & Sealants

        $201.00

        1. 5.7.1 Industry Overview

          $82.00

          1. Table | ADHESIVES & SEALANTS SHIPMENTS

        2. 5.7.2 Solvents Demand

          $102.00

          1. Table | ADHESIVES & SEALANTS MARKET FOR SOLVENTS

      8. 5.8 Construction

        $265.00

        1. 5.8.1 Industry Overview

          $142.00

          1. Table | CONSTRUCTION EXPENDITURES

        2. 5.8.2 Solvents Demand

          $93.00

          1. Table | CONSTRUCTION MARKET FOR SOLVENTS

      9. 5.9 Chemical Processing

        $225.00

        1. 5.9.1 Industry Overview

          $136.00

          1. Table | CHEMICAL PRODUCT SHIPMENTS

        2. 5.9.2 Solvents Demand

          $82.00

          1. Table | CHEMICAL PROCESSING MARKET FOR SOLVENTS

      10. 5.10 Other Markets

        $660.00

        1. Table | OTHER MARKETS FOR SOLVENTS

        2. 5.10.1 Pharmaceuticals

          $103.00

          1. Table | PHARMACEUTICAL MARKET FOR SOLVENTS

        3. 5.10.2 Asphalt Production

          $82.00

          1. Table | ASPHALT PRODUCTION MARKET FOR SOLVENTS

        4. 5.10.3 Plastics & Rubber Processing

          $82.00

          1. Table | PLASTICS & RUBBER MARKET FOR SOLVENTS

        5. 5.10.4 Electronic Components

          $82.00

          1. Table | ELECTRONICS MARKET FOR SOLVENTS

        6. 5.10.5 Metal Processing

          $82.00

          1. Table | METAL PROCESSING MARKET FOR SOLVENTS

        7. 5.10.6 Food & Beverage Processing

          $82.00

          1. Table | FOOD & BEVERAGE MARKET FOR SOLVENTS

        8. 5.10.7 Petroleum Refining

          $82.00

          1. Table | REFINED PETROLEUM PRODUCTS MARKET FOR SOLVENTS

        9. 5.10.8 Agricultural Chemicals

          $82.00

          1. Table | AGRICULTURAL CHEMICALS MARKET FOR SOLVENTS

        10. 5.10.9 All Other Markets

          $86.00

          1. Table | ALL OTHER MARKETS FOR SOLVENTS

    6. 6 INDUSTRY STRUCTURE

      $4,714.00

      1. 6.1 General

        $88.00

        1. Table | SOLVENT SALES BY COMPANY, 2013

      2. 6.2 Market Share

        $191.00

        1. CHART V-1 US SOLVENTS MARKET SHARE, 2013

      3. 6.3 Industry Restructuring

        $82.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      4. 6.4 Competitive Strategies

        $347.00

        1. 6.4.1 Low Cost Leadership

          $82.00

        2. 6.4.2 Cooperative Agreements

          $82.00

          1. Table | SELECTED COOPERATIVE AGREEMENTS

        3. 6.4.3 Product Differentiation

          $82.00

        4. 6.4.4 Research & Development

          $82.00

        5. 6.4.5 Marketing & Distribution

          $109.00

      5. 6.5 Company Profiles

        $4,017.00

        1. 6.5.1 Archer-Daniels-Midland Company

          $118.00

        2. 6.5.2 Arizona Chemical Company LLC

          $82.00

        3. 6.5.3 Arkema SA

          $100.00

        4. 6.5.4 Ashland Incorporated

          $105.00

        5. 6.5.5 Axiall Corporation

          $98.00

        6. 6.5.6 BASF SE

          $210.00

        7. 6.5.7 BP plc

          $82.00

        8. 6.5.8 Celanese Corporation

          $98.00

        9. 6.5.9 Chevron Phillips Chemical Company LLC

          $92.00

        10. 6.5.10 Croda International plc

          $104.00

        11. 6.5.11 Dow Chemical Company

          $407.00

        12. 6.5.12 DuPont (EI) de Nemours

          $82.00

        13. 6.5.13 Eastman Chemical Company

          $248.00

        14. 6.5.14 Exxon Mobil Corporation

          $118.00

        15. 6.5.15 Flotek Industries Incorporated

          $121.00

        16. 6.5.16 Honeywell International Incorporated

          $128.00

        17. 6.5.17 Huntsman Corporation

          $152.00

        18. 6.5.18 Indorama Corporation

          $82.00

        19. 6.5.19 INEOS Group AG

          $117.00

        20. 6.5.20 Koch Industries Incorporated

          $126.00

        21. 6.5.21 Lonza Group Limited

          $82.00

        22. 6.5.22 LyondellBasell Industries NV

          $339.00

        23. 6.5.23 Marathon Petroleum Corporation

          $82.00

        24. 6.5.24 Methanex Corporation

          $82.00

        25. 6.5.25 Monument Chemical Incorporated

          $113.00

        26. 6.5.26 Occidental Petroleum Corporation

          $82.00

        27. 6.5.27 OXEA Sàrl

          $82.00

        28. 6.5.28 PBF Energy Incorporated

          $82.00

        29. 6.5.29 Petróleos de Venezuela SA

          $82.00

        30. 6.5.30 Phillips 66

          $82.00

        31. 6.5.31 Renessenz LLC

          $82.00

        32. 6.5.32 Royal Dutch Shell plc

          $205.00

        33. 6.5.33 Sasol Limited

          $82.00

        34. 6.5.34 Solvay SA

          $159.00

        35. 6.5.35 Total SA

          $82.00

        36. 6.5.36 Valero Energy Corporation

          $82.00

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