Learn about the global high purity solvent market through The Business Research Company, which provides information on high purity solvent market size, high purity solvent market drivers and restraints, high purity solvent market players, the COVID-19 impact on the high purity solvent market, and more.

The global high purity solvent market size is expected to grow from $46.56 billion in 2021 to $50.47 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The global high purity solvents market size is expected to grow to $66.71 billion in 2026 at a CAGR of 7.2%.

The increasing demand for paints and coatings is expected to propel the growth of the high purity solvent market going forward.

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The high purity solvent market consists of sales of high purity solvents by entities (organizations, sole traders, and partnerships) that are used in the chromatography of gases and liquids. High purity solvents are synthetically-distilled organic chemicals that are manufactured using multistep purification processes to provide rapid, reproducible performance and separation in research and quality control applications.

Global high purity solvent market segments include:

By Type: Acetone, Acetonitrile, Dimethyl Sulfoixde, Others

By Category: Polar Solvent, Non-Polar Solvent

By Applications: Liquid Crystal Displays, Lithium-Ion Batteries, Electroplating, Polymer Resins, Catalysts, Others

By End-User: Pharmaceutical, Chemicals, Cosmetics and Personal Care, Food and Beverages, Agriculture, Paints and Coatings, Biotechnology, Electrical and Electronics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia pacific was the largest region in the high purity solvent market in 2021.

The introduction of bio-derived products has emerged as a key trend gaining popularity in the high purity solvent market. Major companies operating in the high purity solvents sector are focused on developing bio-derived products to reinforce their position.

TBRC’s high purity solvent market report covers:

Major Market Players: Exxon Mobil Corporation, BASF SE, Asahi Kasei Chemicals company, Linde plc, Thermo Fisher Scientific Inc., The Dow Jones Industrial Average, Evonik Industries AG, The Merck Group, Tedia Company, Mitsubishi Chemical Corporation, Akzo Nobel N.V., High Purity Laboratory Chemicals Pvt. Ltd., Apchem Life Science Pvt Ltd, Spectrum Chemical Mfg. Corp., and Central Drug Testing Laboratory.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The High Purity Solvent Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides high purity solvent market overviews, analyzes and forecasts market size, share, high purity solvent market players, high purity solvent market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s high purity solvent market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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