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
Ceresana forecasts the sale of paints and varnishes in Europe to reach 27 billion Euros in 2020.
Propylene is one of the most important starting products in the petrochemical industry. The sales increase significantly.