No matter if paints or adhesives, pharmaceutical drugs or cosmetics: solvents are immensely important in the manufacturing of many industrial goods. Ceresana publishes the most comprehensive report on the global market for solvents. According to this study, already published in its third edition, solvents valuing about US$25 billion were sold in 2013. Market analysts expect revenues to rise by another 4% p.a. Until 2021.
Disputed But Common
The largest consumers of solvents are manufacturers o
More and more countries are reporting excessive outputs of butanol. Biofuels could increase demand for butanol.
Adhesives are a part of all aspects of daily life and beyond: at home and at the office, in sports and leisure goods as well as in industrial processing and many other segments. Given their versatility and increasing performance, they are still becoming more and more important. Today-s world would no longer be possible without adhesives. The market research institute Ceresana forecasts consumption of adhesives in Europe to increase to approx. 3.5 million tonnes in 2020.
New Research by The Boston Consulting Group Shows Continued Growth in the Distribution Market Outpacing That of the Overall Chemical Industry, Thanks to Greater Outsourcing by Suppliers and More Value-Added Services by Distributors
