Solvent Market - Forecast(2021 - 2026)
Solvents Market size is forecast to reach $41.43 billion by 2025, after growing at a CAGR of 3.5% during 2020-2025. Solvent is a material that dissolves a solute thus, resulting in a solution. Solvents are usually in liquid state but can also be in solid or gaseous forms. Solvents are used for varied applications in domestic, commercial and research purposes. With the infrastructure industry growing with a moderate growth rate in recent years, the demand for solvents is also growing simultaneously. The increase in the use of bio-based solvents is another factor that is driving the market growth. Report Coverage The report: “Solvents Market – Forecast (2020-2025)” , by IndustryARC, covers an in-depth analysis of the following segments of the Solvents Market Industry. By Source: Natural Sources and Derived Sources (Petroleum Sources and Synthetic Sources) By Type: Organic Solvents and Inorganic Solvents. By End-Use Industry: Paint...