Global Solvents Market - Future, Scope, Trends
The global solvents market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing demand for solvents in various end-use applications such as adhesives, rubber & polymer, personal care, paints & coatings, agricultural chemicals, printing inks, metal cleaning, pharmaceuticals, and others. The Important Elements of the Global Solvents Market increasing demand for bio-solvents over chemical-based ones, owing to increasing VOC emissions, rising pollution, and stringent government regulations are some of the factors fuelling the market growth. Additionally, the growing need for high-purity organic solvents as raw materials across the pharmaceuticals and electronics industry is some of the factors propelling the growth of the global solvents market. Moreover, leading solvent producers are collaborating with top biotechnology firms for research and development activities to create green...