Abstract
US demand to reach 11.8 billion pounds in 2012
Demand for chemical solvents will reach nearly 12 billion pounds in 2012,
valued at $5.9 billion. Gains will continue to lag the overall economy, as
manufacturers of coatings, inks and adhesives take strides to reduce the VOC
content of their products. However, opportunities exist in a number of areas,
including specialty solvents, environmentally-friendly "green solvents," and
conventional solvents that feature favorable toxicity and air pollution
profiles. Value gains will also benefit from trends toward the use of
higher-cost products such as esters and green solvents.
Ester, alcohol solvents to pace conventional types
Among conventional solvents, best opportunities are expected for the ester and
alcohol product classes, driven by growth in markets such as coatings,
cleaning products and cosmetics and toiletries. Glycols will experienced more
subdued advances, restrained by increased antifreeze recycling efforts and
demand for longer life automotive fluids. Hydrocarbon and chlorinated solvents
will continue their long-term declines in demand, although the drop in
consumption for both products will be less pronounced than in the past.
Study coverage
It presents historical demand data (1997, 2002, 2007) as well as forecasts for
2012 and 2017 by solvent type, function and market. The study also considers
market environment factors, evaluates market share data and profiles 42 US
industry competitors.