Market Overview:
The global high pure solvents market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity solvents in various applications such as HPLC and UHPLC, GC, LC-MS, and others. In addition, the growing demand for high purity solvents from emerging countries such as China and India is also contributing to the growth of this market.
Product Definition:
High pure solvents are used to purify compounds or substances. The importance of high pure solvents is that they provide a greater level of purity than lower quality solvents, which can lead to better results in research and manufacturing.
Acetone:
Acetone is a colorless flammable organic liquid with a strong odor. It is usually produced on purpose in chemical plants. Acetone (IUPAC name: ethyl alcohol) can be produced by the fermentation of sugar or corn syrup or by the dry distillation of ethanol, which is also known as spirits of wine. The major raw materials used for producing acetone are propylene and syngas (a mixture of carbon monoxide and hydrogen).
Acetonitrile:
Acetonitrile is a colorless and highly flammable liquid with an odor similar to gasoline. It is used as a solvent in the production of paint thinners, adhesives, printing inks, and dyes. Acetonitrile has applications as cleaning agents for removing oil stains from concrete surfaces and also finds use as an intermediate for manufacturing chemicals that are used to treat wood pulp or cotton linter.
Application Insights:
The global market is segmented by application into HPLC and UHPLC, GC, LC-MS, and others. The other applications include pharmaceuticals, cosmetics testing & analysis and food processing industries. In 2017-18 the Others segment accounted for a revenue share of around 15% in the global high pure solvents market.
The demand for high purity solvent is expected to grow on account of its increasing use in various laboratories across the globe for carrying out variety of tests including gas chromatography (GC), liquid chromatography (LC) mass spectroscopy (MS), electrochemical detection methods as well as ultraviolet/visible light absorption spectrometry methodologies used in food quality control programs among others.
Regional Analysis:
Asia Pacific was the dominant regional segment occupying over 45.0% of the global revenue in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for solvents from various application industries, such as analytical chemistry, chromatography and laboratory equipment manufacturing. China and India are among major consumers of these high purity solvents in Asia Pacific due to growing chemical production capacities in these countries coupled with rising research activities by domestic companies for developing new products based on existing raw materials using efficient processes under strict environmental regulations are some factors that can be attributed toward this growth trend.
Europe is anticipated to witness significant growth during the forecast period owing to stringent regulatory policies regarding solvent usage along with rising R&D investments by domestic companies for product innovation and development especially targeting pharmaceutical industry which has a higher preference toward natural ingredients-based formulations instead of synthetic ones will drive market demand over next eight years.
Growth Factors:
- Increasing demand for high purity solvents in various end-use industries such as pharmaceuticals, biotechnology, and medical devices.
- Growing research and development activities in the field of nanotechnology and advanced materials.
- Rising investments by key players in the high purity solvents market to expand their production capacities globally.
- Proliferation of new applications for high purity solvents across different industries including automotive, aerospace, and electronics.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Pure Solvents Market Research Report
By Type
Acetone, Acetonitrile, Dimethyl Sulfoixde, Others
By Application
HPLC and UHPLC, GC, LC-MS, Others
By Companies
Honewell, Tedia, Finar Chemicals, Thermal Fisher Scientific, Merk, Honewell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global High Pure Solvents Market Report Segments:
The global High Pure Solvents market is segmented on the basis of:
Types
Acetone, Acetonitrile, Dimethyl Sulfoixde, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HPLC and UHPLC, GC, LC-MS, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honewell
- Tedia
- Finar Chemicals
- Thermal Fisher Scientific
- Merk
- Honewell
Highlights of The High Pure Solvents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acetone
- Acetonitrile
- Dimethyl Sulfoixde
- Others
- By Application:
- HPLC and UHPLC
- GC
- LC-MS
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Pure Solvents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High pure solvents are those that have a very low concentration of impurities.
Some of the major players in the high pure solvents market are Honewell, Tedia, Finar Chemicals, Thermal Fisher Scientific, Merk, Honewell.
The high pure solvents market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Pure Solvents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Pure Solvents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Pure Solvents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Pure Solvents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Pure Solvents Market Size & Forecast, 2018-2028
4.5.1 High Pure Solvents Market Size and Y-o-Y Growth
4.5.2 High Pure Solvents Market Absolute $ Opportunity
Chapter 5 Global High Pure Solvents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Pure Solvents Market Size Forecast by Type
5.2.1 Acetone
5.2.2 Acetonitrile
5.2.3 Dimethyl Sulfoixde
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Pure Solvents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Pure Solvents Market Size Forecast by Applications
6.2.1 HPLC and UHPLC
6.2.2 GC
6.2.3 LC-MS
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Pure Solvents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Pure Solvents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Pure Solvents Analysis and Forecast
9.1 Introduction
9.2 North America High Pure Solvents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Pure Solvents Market Size Forecast by Type
9.6.1 Acetone
9.6.2 Acetonitrile
9.6.3 Dimethyl Sulfoixde
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Pure Solvents Market Size Forecast by Applications
9.10.1 HPLC and UHPLC
9.10.2 GC
9.10.3 LC-MS
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Pure Solvents Analysis and Forecast
10.1 Introduction
10.2 Europe High Pure Solvents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Pure Solvents Market Size Forecast by Type
10.6.1 Acetone
10.6.2 Acetonitrile
10.6.3 Dimethyl Sulfoixde
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Pure Solvents Market Size Forecast by Applications
10.10.1 HPLC and UHPLC
10.10.2 GC
10.10.3 LC-MS
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Pure Solvents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Pure Solvents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Pure Solvents Market Size Forecast by Type
11.6.1 Acetone
11.6.2 Acetonitrile
11.6.3 Dimethyl Sulfoixde
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Pure Solvents Market Size Forecast by Applications
11.10.1 HPLC and UHPLC
11.10.2 GC
11.10.3 LC-MS
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Pure Solvents Analysis and Forecast
12.1 Introduction
12.2 Latin America High Pure Solvents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Pure Solvents Market Size Forecast by Type
12.6.1 Acetone
12.6.2 Acetonitrile
12.6.3 Dimethyl Sulfoixde
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Pure Solvents Market Size Forecast by Applications
12.10.1 HPLC and UHPLC
12.10.2 GC
12.10.3 LC-MS
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Pure Solvents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Pure Solvents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Pure Solvents Market Size Forecast by Type
13.6.1 Acetone
13.6.2 Acetonitrile
13.6.3 Dimethyl Sulfoixde
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Pure Solvents Market Size Forecast by Applications
13.10.1 HPLC and UHPLC
13.10.2 GC
13.10.3 LC-MS
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Pure Solvents Market: Competitive Dashboard
14.2 Global High Pure Solvents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honewell
14.3.2 Tedia
14.3.3 Finar Chemicals
14.3.4 Thermal Fisher Scientific
14.3.5 Merk
14.3.6 Honewell
