• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Mixing Equipment Directory

    The Wood Coatings Market

    Antimicrobial Coatings Market

    Additives Update

    Pigment Supplier Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Video Bites
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    Croda Named Most Admired Company in British Chemical Sector

    Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe

    First Source Worldwide, LLC Celebrates 20th Anniversary

    Chromaflo Technologies Adds Benjamin Woeste as Territory Sales Manager

    Maroon Group Acquires Cary Company's Raw Materials, Specialty Chemicals Distribution Business
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    The Connection Between Color Psychology & Productivity In The Workplace

    Benjamin Moore Launches COMMAND

    Mule-Hide Products Co. Introduces Seal-Fast Liqui-Flash

    IFS Coatings Breaks Ground on 70,000-Square-Foot Expansion

    Conversation with Henning Kreis of Zeppelin Systems
    Additives
    Binders
    Pigments
    Solvents

    Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe

    AOC Announces EMEA Price Increase

    OQ Chemicals Increases Carboxylic Acids, Esters Prices

    Arkema Reports Full-year 2020 Results

    New Increase in Kynar Fluoropolymer Capacities at Arkema's Chinese Site
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Siltech Corporation

    Pilot Chemical Company

    Keim Additec Surface USA LLC

    Eagle Specialty Products

    Clariant Additives
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Surface Finishing Mexico 2021

    Cleveland Coatings Society Zoom Meeting

    Cleveland Coatings Society Zoom Meeting

    PCI Powder Coating Week

    Southern Society for Coatings Technology Annual Meeting and Technical Conference
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Keim Additec Surface USA LLC

    Eagle Specialty Products

    Clariant Additives

    Shepherd Color Company, The

    Siltech Corporation
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    US Demand for Solvents to Reach 9.6 Billion Pounds

    ...

    Related CONTENT
    • Intumescent Coatings Market to be Valued at $1 Billion by 2024
    • Intumescent Coatings Market to be Valued at over $1 Billion by 2024
    • Evonik’s Oil Additives Team Adds COPI Lab to Horsham, PA USA Technology and Business Center
    • DuPont Tate & Lyle Bio Products Unveils Latest Plant-Based Innovations for the Automotive Industry
    • 1,000 Vessels Already Protected with AkzoNobel's Sustainable Coatings
    07.28.16
    US demand for solvents is forecast to rise 1.1 percent per year through 2020 to 9.6 billion pounds, reflecting continued economic growth and, in particular, ongoing healthy increases in construction activity.  Strength in both residential and nonresidential building construction will stimulate demand for related materials, such as paint and coatings and adhesives and sealants. These and other trends are presented in Solvents, a new study from The Freedonia Group, a Cleveland-based industry research firm.

    Environmental regulations will continue to drive a shift toward less hazardous solvents with reduced emissions and lower toxicity.  Public perception and consumer preference will also favor green products derived from renewable resources such as plant-based alcohols, soy methyl ester, and terpenes.  Changes in the oil and natural gas industry will also impact demand, with reduced drilling rates in the near term holding back solvent consumption, and relatively low crude oil and natural gas prices providing a more competitive position for conventional solvents.

    Demand for green solvents that avoid any of a number of potential environmental pitfalls will advance at an above average pace, offering growth opportunities in many otherwise mature applications.  In particular, green solvent demand will outpace conventional solvent demand in food production, chemical processing, cosmetics and toiletries, cleaning products, and printing inks.  In many cases solvent users will turn to products with lower emissions or better toxicity profiles to address tightening volatile organic compound (VOC) and hazardous air pollutant (HAP) regulations. 

    Beyond the greater use of biodegradable green solvents, the rapid expansion of US petroleum and natural gas production from 2010 to 2015 also helped drive solvent demand overall.  Though solvent consumption in the oil and gas market was impacted in 2015 by the sharp decline in crude oil prices, which in turn caused the industry to significantly curtail well drilling and completion activity, a recovery is expected to begin by 2020 as global oil supply and demand rebalance, and prices begin to recover.  Rising crude oil and natural gas prices will also impact the competitiveness of conventional solvents, which had benefited from a better cost position compared to green solvents.


     
    Related Searches
    • green
    • chemical
    • voc
    • paint
    Related Knowledge Center
    • Adhesives and Sealants
    Suggested For You
    Intumescent Coatings Market to be Valued at $1 Billion by 2024 Intumescent Coatings Market to be Valued at $1 Billion by 2024
    Intumescent Coatings Market to be Valued at over $1 Billion by 2024 Intumescent Coatings Market to be Valued at over $1 Billion by 2024
    Evonik’s Oil Additives Team Adds COPI Lab to Horsham, PA USA Technology and Business Center Evonik’s Oil Additives Team Adds COPI Lab to Horsham, PA USA Technology and Business Center
    DuPont Tate & Lyle Bio Products Unveils Latest Plant-Based Innovations for the Automotive Industry DuPont Tate & Lyle Bio Products Unveils Latest Plant-Based Innovations for the Automotive Industry
    1,000 Vessels Already Protected with AkzoNobel 1,000 Vessels Already Protected with AkzoNobel's Sustainable Coatings
    Wood Stain Demand Predicted to Grow 4.3% Annually Through 2020 Wood Stain Demand Predicted to Grow 4.3% Annually Through 2020
    Wood Stain Demand Expected to Grow 4.3% Annually Through 2020 Wood Stain Demand Expected to Grow 4.3% Annually Through 2020
    Surfactants Directory Surfactants Directory
    Demand for Interior Paint to Grow Nearly 3% Annually Demand for Interior Paint to Grow Nearly 3% Annually
    Demand for Interior Paint to Grow Nearly 3% Annually Demand for Interior Paint to Grow Nearly 3% Annually
    US Demand for Solvents to Reach 9.6 Billion Pounds US Demand for Solvents to Reach 9.6 Billion Pounds
    IHS: New ExxonMobil and Saudi Aramco Technologies Produce Ethylene Directly from Crude Oil IHS: New ExxonMobil and Saudi Aramco Technologies Produce Ethylene Directly from Crude Oil
    Uncertainty Now Could Tighten Chemical Markets Later Uncertainty Now Could Tighten Chemical Markets Later
    ABB Present Modular Skidded Resin Production Unit ABB Present Modular Skidded Resin Production Unit
    Calcined Bauxite Poised for Proppants Recovery Calcined Bauxite Poised for Proppants Recovery

    Related Market Research

    • Adhesives and Sealants | Market Reports
      Adhesives, Sealants Demand in Germany to Increase 1.8% Annually Through 2022: Freedonia

      Adhesives, Sealants Demand in Germany to Increase 1.8% Annually Through 2022: Freedonia

      ...
      02.20.19

    • Adhesives and Sealants

      World Adhesives & Sealants Market is Expected to Reach $66,876 Million by 2022

      ...
      08.31.16

    • Adhesives and Sealants

      Global Waterproof Adhesives & Sealants Market to be Worth USD 24.75 Billion by 2020

      ...
      03.15.16


    • Adhesives and Sealants | Breaking News | Market Trends & Forecast

      Kline: 'Unknown' Southeast Asian Biocides Market Growing the Fastest

      ...
      02.24.15

    • Adhesives and Sealants | Breaking News | Market Trends & Forecast

      U.S. Demand for Adhesives & Sealants to Reach $12.8 Billion in 2019

      ...
      02.23.15

    • Adhesives and Sealants | Binders

      Isocyanate Market Value Estimated to Reach $38,729 Million by 2019

      ...
      06.13.14


    • Adhesives and Sealants | Automotive Coatings

      TechNavio Reports Global Automotive Coatings Market to Grow at a CAGR of 5.59% from 2013-2018

      ...
      04.16.14

    • Adhesives and Sealants

      Asia-Pacific Market Continues to be the Biggest Market of Emulsion Polymers

      ...
      10.31.13

    • Adhesives and Sealants

      US Demand for Adhesives and Sealants to Reach 9.8 Billion Pounds in 2017

      ...
      03.14.13


    • Adhesives and Sealants

      Automotive industry boom in Argentina boosts the paints and coatings market

      ...
      10.10.12

    • Adhesives and Sealants | Market Trends & Forecast

      Ceresana analyzes the adhesives market

      ...
      07.12.12

    • Adhesives and Sealants

      GIA releases a global report on polyols markets

      ...
      04.13.12


    • Additives | Adhesives and Sealants | Market Trends & Forecast

      Fillers market to grow to $22.5 billion by 2018

      ...
      09.21.11

    • Adhesives and Sealants | Market Trends & Forecast
      The Global Adhesives Industry

      The Global Adhesives Industry

      The global consumption of formulated adhesives was 16.6 billion pounds in 2009 worth $20.6 billion.
      10.04.10

    • Adhesives and Sealants | Binders | Market Trends & Forecast

      PU Chemicals and Products in Europe, Middle East & Africa

      IAL Consultants has published the eighth edition of its report on the markets for Polyurethane Chemicals and Products in Europe, Middle East and Africa.
      07.06.10

    Trending
    • Raw Material Price Increases Pile Pressure On Paint Manufacturers
    • AkzoNobel Completes Titan Paints Acquisition
    • AkzoNobel Kicks Off Paint The Future Startup Challenge In China
    • Benjamin Moore Launches COMMAND
    • Evonik Receives Sustainability Award From EcVadis
    Breaking News
    • Croda Named Most Admired Company in British Chemical Sector
    • Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe
    • First Source Worldwide, LLC Celebrates 20th Anniversary
    • Chromaflo Technologies Adds Benjamin Woeste as Territory Sales Manager
    • Maroon Group Acquires Cary Company's Raw Materials, Specialty Chemicals Distribution Business
    View Breaking News >
    CURRENT ISSUE

    February 2021

    • Mixing Equipment Directory
    • The Wood Coatings Market
    • Antimicrobial Coatings Market
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Thymoquinone Inhibits Viral Infection in In Vitro Settings, New Study Finds
    IFT Transitions 2021 Annual Event to Digital Experience
    NY Federal Judge Enters Permanent Injunction Against Dietary Supplement Manufacturer
    Coatings World

    Latest Breaking News From Coatings World

    Sherwin-Williams Announces Resignation of President, COO
    Ashland Completes Expansion, Relocation of Viatel Bioresorbable Polymers Manufacturing Facility
    Evonik Receives Sustainability Award from EcoVadis
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Cretex CFO Announces Retirement
    New AI-Based Tool Developed for Coronary Artery Analysis, Intervention Planning
    First Reported Use of Pulse Biosciences' CellFX System
    Contract Pharma

    Latest Breaking News From Contract Pharma

    AGC Biologics Expands Cell and Gene Facility in Italy
    Celonic to Boost Cell & Gene Therapy Production
    Pharmaron Acquires Biomanufacturing Site in the UK from AbbVie
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Ulta Beauty Opens in Herald Square
    Elizabeth Arden Taps Sui He as Global Brand Ambassador
    Natura &Co Outperforms the Global Market in Q4 2020
    Happi

    Latest Breaking News From Happi

    What You're Reading on Happi.com
    Indie Beauty Innovators Wanted
    Cosmetic Chemists Seek Mentors
    Ink World

    Latest Breaking News From Ink World

    Massilly North America Adds Koenig & Bauer MetalStar 3 Metal Decorating Press
    Hydrocarbon Solvents Market to Surpass $8.1 Billion by 2030
    Access Direct Mail Doubles Revenue with SCREEN's Truepress Jet520HD
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Arjobex America welcomes Maggie Naberezny to sales team
    Henkel publishes 30th Sustainability Report
    Avery Dennison Smartrac launches new Circus Pro inlays
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    FPInnovations Develops Biodegradable Mask
    Sani Professional Sanitizing and Disinfecting Products Approved by EPA
    Autefa Solutions Offers Fully Automated Line for Protective Mask Production
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Colfax Decides to Divide Its Businesses
    Stryker Corp.'s 2020 Sales Slip 3.6 Percent
    Bioventus Appoints Managing Director, China and Asia Pacific
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Comercial Kywi Improves Customer Service, Front-Store Operations with Zebra Mobile Solution
    Global Smart Glass Market to Register 6.8% CAGR Between 2021-28: Grand View Research
    Global Printed Circuit Board Market Projected to Reach $69.32 Billion by 2027

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login