NEW YORK, Sept. 13, 2016 /PRNewswire/ -- The report, North America Specialty Solvents Market, lists certain chemicals under ten key chemical groups, such as alcohol, amine, ether, ester, etc., and studies their demand and forecast over the period from 2016 to 2022 in the North America market.
The North America specialty solvents market is anticipated to witness significant revenue growth over the forecast period, owing to the rising demand for various end-to-end applications across various manufacturing industries, such as building & construction, pharmaceuticals & personal care, food & beverages, etc., in the North America region. Green chemicals are increasingly gaining popularity among industrial consumers, largely due to increasing government regulations. Due to this, a major trend of sustainable production has been observed among the major specialty solvents producers.
To understand and assess the demand and opportunities in this market, the report is categorically split into three sections, namely market analysis - by product type, by end-use, and by country. The report analyzes the North America specialty solvents market both in terms of market value (US$ Mn) and volume (Tonnes).
The report starts with a market overview and provides market definition and analysis about the drivers, restraints, opportunities, and key trends in the market. The following sections include analysis of the North America market - by product type, by end-use, and by country. All the three sections evaluate the market on the basis of various factors affecting the market, covering the present scenario and future prospects. For market data analysis, the report considers 2014 as the base year, with market numbers estimated for 2015 and 2016 and the forecast provided for 2017- 2022.
The North America specialty solvents market is segmented as follows:
By Product Type
On the basis of product type, the market is segmented into:
Diethylenetriaminepentaacetic acid (DTPA)
Ethylenedinitrilotetraacetic acid (EDTA)
Ethylene Chloride (Dichloro ethane)
Acetyl Acetate (Acetic Anhydride)
Butyl Ester (Butyl acetate)
Methyl/Ethyl Esters (Ethyl Acetate)
Polyethylene & Polypropylene Glycol (PEG & PPG) Esters
Polyethylene Glycol (PEG)
Tall Oil Fatty Acids
Methyl Ethyl Ketone
Methyl Isobutyl Ketone
Methyl Isopropyl Ketone
The ether segment is anticipated to expand at the fastest CAGR over the forecast period in the North America specialty solvents market in terms of revenue, followed by the fatty chemicals segment. This section comprehensively analyzes the market on the basis of product type and presents the granular detail of the market size in terms of value and volume for 2016-2022.
On the basis of end-use, the market is segmented into:
Building & Construction
Electronics & IT
Food & Beverages
Household, Industrial, and Institutional (HI & I)
Oil & Gas
Pharmaceuticals & Personal Care
Plastic & Rubber
The electronics and IT segment is expected to expand at the highest CAGR of 7.2% in terms of value during the forecast period. In terms of market share, the household, industrial, and institutional (HI & I) segment accounted for more than one-third revenue share of the overall market in 2015 and is expected to dominate the overall market throughout the forecast years.
This section analyzes the market on the basis of end-use and presents comprehensive market size details in terms of value and volume over the forecast period.
Countries covered in the report includes:
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