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Growing infrastructure and construction activities are expected to drive innovation in the manufacturing of aprotic solvents, driving the market during the forecast period.

The global aprotic solvents market is expected to grow from $20.18 billion in 2022 to $20.44 billion in 2023 at a compound annual growth rate (CAGR) of 1.3%. The aprotic solvents market is expected to grow to $21.60 billion in 2027 at a CAGR of 1.4%.

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Global Aprotic Solvents Market Segments Include:

• By Type: N-Methyl-2-Pyrrolidone (NMP), Toluene, Benzene, Acetone, Other Types
• By Source: Bio-Based, Synthetic
• By Application: Oil And Gas, Plastics, Pharmaceuticals, Electronic Equipment, Paints And Coatings, Adhesives, and Other Applications
• 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 is the largest region in the global aprotic solvents market in 2021.

Major Market Players in the aprotic solvents market include BASF SE, Eastman Chemical Company, Shell Chemicals, Ineos Chemicals Company, Celanese Corporation, DuPont Conglomerate Company, AlzChem AG, Asahi Kasei Corporation, Imperial Chemical Corporation.

Product innovations are a key trend in the aprotic solvents market’s growth. Major players in the aprotic solvents market are focusing on developing innovative solutions to strengthen their market position. For example, in June 2022, INEOS Group Limited, a global chemicals company based in the United Kingdom, launched its first bio-attributed phenol, the acetone alpha-methylstyrene (AMS) product line. These items will be sold under the INVIRIDIS brand and will be made without the use of fossil fuels as a feedstock. They are an example of global phenol market innovation, offering a more environmentally friendly and sustainable alternative to traditional phenol, acetone, or AMS. INVIRIDIS is made from bio-attributed cumene, allowing it to replace fossil fuel resources. INVIRIDIS is expected to have a wide range of value-added applications, including highly specialised end-uses such as automotive, construction, home improvement, electronics, and healthcare.

The Aprotic Solvents Global Market Report 2023  provides a aprotic solvents market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aprotic solvents market forecast analyzes aprotic solvents market size, aprotic solvents market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An aprotic solvent is one that has no hydrogen bonds and where the proton is neither donated nor accepted (hydrogen). A solvent is a chemical compound that dissolves a solute. Solvents can be solid, gaseous, or liquid.

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