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Aprotic Solvent Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5969042
The global aprotic solvent market is expected to reach an estimated $26.2 billion by 2030 with a CAGR of 5.3% from 2024 to 2030.

The major drivers for this market are growing environmental laws and the pharmaceutical industry's quick development, notable developments in manufacturing technology, growing consumer goods demand, including for fragrances, along with significant R&D expenditures. The future of the global aprotic solvent market looks promising with opportunities in the chemical, healthcare, oil & gas, and electronic markets.

Aprotic Solvent by Segment

The study includes a forecast for the global aprotic solvent by source, type, end use, and region.

Aprotic Solvent Market by Source [Shipment Analysis by Value from 2018 to 2030]:

  • Bio-Based
  • Synthetic

Aprotic Solvent Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • N-Methyl-2-Pyrrolidone
  • Chloroform
  • Benzene

Aprotic Solvent Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Chemical
  • Healthcare
  • Oil & Gas
  • Electronic
  • Others

Aprotic Solvent Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Aprotic Solvent Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aprotic solvent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aprotic solvent companies profiled in this report include:
  • BASF
  • Dow DuPont
  • Eastman Chemical
  • INEOS
  • Mitsui Chemicals
  • Shell International
  • Asahi Kasei
  • Ashland
  • AlzChem
  • Celanese

Aprotic Solvent Market Insights

N-methyl-2-pyrrolidone will remain the largest segment over the forecast period because it plays a crucial role in drug synthesis, extraction, and purification, as well as, its high solvency power helps to dissolve various drug precursors and intermediates.

APAC will remain the largest region over the forecast period due to rising demand in developing nations including China, Japan, India, and South Korea for aprotic solvents, as well as, growing building and construction industry.

Features of the Global Aprotic Solvent Market

  • Market Size Estimates: Aprotic solvent market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Aprotic solvent market size by source, type, end use, and region in terms of value ($B).
  • Regional Analysis: Aprotic solvent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different source, type, end use, and regions for the aprotic solvent market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aprotic solvent market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the aprotic solvent market size?
Answer: The global aprotic solvent market is expected to reach an estimated $26.2 billion by 2030.

Q2. What is the growth forecast for aprotic solvent market?
Answer: The global aprotic solvent market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aprotic solvent market?
Answer: The major drivers for this market are growing environmental laws and the pharmaceutical industry's quick development, notable developments in manufacturing technology, growing consumer goods demand, including for fragrances, along with significant R&D expenditures.

Q4. What are the major segments for aprotic solvent market?
Answer: The future of the global aprotic solvent market looks promising with opportunities in the chemical, healthcare, oil & gas, and electronic markets.

Q5. Who are the key aprotic solvent market companies?
Answer: Some of the key aprotic solvent companies are as follows:
  • BASF
  • Dow DuPont
  • Eastman Chemical
  • INEOS
  • Mitsui Chemicals
  • Shell International
  • Asahi Kasei
  • Ashland
  • AlzChem
  • Celanese
Q6. Which aprotic solvent market segment will be the largest in future?
Answer: The publisher forecasts that N-methyl-2-pyrrolidone will remain the largest segment over the forecast period because it plays a crucial role in drug synthesis, extraction, and purification, as well as, its high solvency power helps to dissolve various drug precursors and intermediates.

Q7. In aprotic solvent market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising demand in developing nations including China, Japan, India, and South Korea for aprotic solvents, as well as, growing building and construction industry.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the aprotic solvent market by source (bio-based and synthetic), type (N-methyl-2-pyrrolidone, chloroform, and benzene), end use (chemical, healthcare, oil & gas, electronic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Aprotic Solvent Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aprotic Solvent Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aprotic Solvent Market by Source
3.3.1: Bio-Based
3.3.2: Synthetic
3.4: Global Aprotic Solvent Market by Type
3.4.1: N-Methyl-2-Pyrrolidone
3.4.2: Chloroform
3.4.3: Benzene
3.5: Global Aprotic Solvent Market by End Use
3.5.1: Chemical
3.5.2: Healthcare
3.5.3: Oil & Gas
3.5.4: Electronic
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aprotic Solvent Market by Region
4.2: North American Aprotic Solvent Market
4.2.1: North American Aprotic Solvent Market by Type: N-Methyl-2-Pyrrolidone, Chloroform, and Benzene
4.2.2: North American Aprotic Solvent Market by End Use: Chemical, Healthcare, Oil & Gas, Electronic, and Others
4.3: European Aprotic Solvent Market
4.3.1: European Aprotic Solvent Market by Type: N-Methyl-2-Pyrrolidone, Chloroform, and Benzene
4.3.2: European Aprotic Solvent Market by End Use: Chemical, Healthcare, Oil & Gas, Electronic, and Others
4.4: APAC Aprotic Solvent Market
4.4.1: APAC Aprotic Solvent Market by Type: N-Methyl-2-Pyrrolidone, Chloroform, and Benzene
4.4.2: APAC Aprotic Solvent Market by End Use: Chemical, Healthcare, Oil & Gas, Electronic, and Others
4.5: ROW Aprotic Solvent Market
4.5.1: ROW Aprotic Solvent Market by Type: N-Methyl-2-Pyrrolidone, Chloroform, and Benzene
4.5.2: ROW Aprotic Solvent Market by End Use: Chemical, Healthcare, Oil & Gas, Electronic, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aprotic Solvent Market by Source
6.1.2: Growth Opportunities for the Global Aprotic Solvent Market by Type
6.1.3: Growth Opportunities for the Global Aprotic Solvent Market by End Use
6.1.4: Growth Opportunities for the Global Aprotic Solvent Market by Region
6.2: Emerging Trends in the Global Aprotic Solvent Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aprotic Solvent Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aprotic Solvent Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF
7.2: Dow DuPont
7.3: Eastman Chemical
7.4: INEOS
7.5: Mitsui Chemicals
7.6: Shell International
7.7: Asahi Kasei
7.8: Ashland
7.9: AlzChem
7.10: Celanese

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF
  • Dow DuPont
  • Eastman Chemical
  • INEOS
  • Mitsui Chemicals
  • Shell International
  • Asahi Kasei
  • Ashland
  • AlzChem
  • Celanese

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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