US Solvents Market
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.
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- INTRODUCTION
- I. EXECUTIVE SUMMARY
- II. MARKET ENVIRONMENT
- General
- Macroeconomic Outlook
- Consumer Spending
- Manufacturing Outlook
- Demographic Trends
- Environmental & Regulatory Issues
- Air Quality Issues
- Worker Safety Issues
- Solvent Recycling
- III. OVERVIEW
- General
- Demand Outlook
- Historical Trends
- Pricing Trends
- International Activity
- Foreign Trade
- IV. MANUFACTURING MARKETS
- General
- Paints & Coatings
- Industry Overview
- Solvents Demand
- Printing Inks
- Industry Overview
- Solvents Demand
- Cleaning Products
- Industry Overview
- Solvents Demand
- Cosmetics & Toiletries
- Industry Overview
- Solvents Demand
- Adhesives & Sealants
- Industry Overview
- Solvents Demand
- Other Manufacturing Markets
- Chemical Processing
- Industry Overview
- Solvents Demand
- Asphalt Production
- Industry Overview
- Solvents Demand
- Pharmaceuticals
- Industry Overview
- Solvents Demand
- Plastics & Rubber Processing
- Industry Overview
- Solvents Demand
- Metal Processing
- Industry Overview
- Solvents Demand
- Electronic Components
- Industry Overview
- Solvents Demand
- Food & Beverage Processing
- Industry Overview
- Solvents Demand
- Agricultural Chemicals
- Industry Overview
- Solvents Demand
- All Other Manufacturing
- V. SERVICE & OTHER MARKETS
- General
- Transportation
- Industry Overview
- Solvents Demand
- Construction
- Industry Overview
- Solvents Demand
- Dry Cleaning & Other
- Industry Overview
- Solvents Demand
- VI. FUNCTIONS
- General
- Vehicle/Carrier/Thinner
- Antifreeze & Deicers
- Cleaners
- Extraction Agents
- Other Functions
- VII. CONVENTIONAL SOLVENTS
- General
- Alcohols
- Methanol
- Markets
- Producers
- Ethanol
- Markets
- Producers
- Isopropanol
- Markets
- Producers
- Other Alcohols
- Markets
- Producers
- Market Share
- Glycols
- Ethylene Glycol
- Markets
- Producers
- E-Series Glycol Ethers
- Markets
- Producers
- Other Glycols
- Markets
- Producers
- Market Share
- Hydrocarbons
- Markets
- Producers
- Ketones
- Acetone
- Markets
- Producers
- Methyl Ethyl Ketone
- Markets
- Producers
- Methyl Isobutyl Ketone
- Markets
- Producers
- Other Ketones
- Market Share
- Esters
- Butyl Acetate
- Ethyl Acetate
- Other Esters
- Market Share
- Chlorinated Solvents
- Methylene Chloride
- Perchloroethylene
- Trichloroethylene
- Other Chlorinated Solvents
- Markets
- Other Conventional Solvents
- VIII. GREEN SOLVENTS
- General
- Propylene Glycol & Related
- Propylene Glycol
- P-Series Glycol Ethers
- Dipropylene Glycol
- Butanediol & Derivative Solvents
- Butanediol
- Gamma-Butyrolactone & Derivatives
- Tetrahydrofuran
- Soy Oil & Derivatives
- Markets
- Producers
- Terpenes
- Pine Oil & Derivatives
- Orange Oil & D-Limonene
- Hydrogen Peroxide
- Markets
- Producers
- Other Green Solvents
- Types
- Markets
- IX. INDUSTRY STRUCTURE
- General
- Market Share
- Dow Chemical
- Lyondell Chemical
- Exxon Mobil
- Shell Chemical
- Eastman Chemical
- Industry Restructuring
- Competitive Strategies
- Cooperative Agreements
- Low Cost Leadership
- Product Differentiation
- Research & Development
- Marketing & Distribution
- Company Profiles
- Arch Chemicals Incorporated
- Archer-Daniels-Midland Company
- Arizona Chemical Company
- Arkema SA
- BASF SE
- BP plc
- Celanese Corporation
- Chevron Phillips Chemical Company LLC
- ConocoPhillips
- Croda International plc
- Dow Chemical Company
- DuPont (EI) de Nemours
- Eastman Chemical Company
- Equistar Chemicals LP, see LyondellBasell Industries
- Exxon Mobil Corporation
- Flint Hills Resources LP, see Koch Industries
- Florida Chemical Company Incorporated
- FMC Corporation
- Georgia Gulf Corporation
- Grain Processing Corporation
- Haltermann Products, see Dow Chemical Company
- Huntsman Corporation
- International Paper Company
- International Specialty Products Incorporated
- INVISTA, see Koch Industries Incorporated
- Koch Industries Incorporated
- LyondellBasell Industries AF SCA
- Marathon Oil Corporation
- MEGlobal International FZE, see Dow Chemical
- Methanex Corporation
- MGP Ingredients Incorporated
- Millennium Chemicals Incorporated, see LyondellBasell
- Mount Vernon Phenol, see Petroleos de Venezuela SA
- Occidental Petroleum Corporation
- Old World Industries Incorporated
- OXEA GmbH
- PD Glycol, see DuPont and LyondellBasell
- Penn Specialty Chemicals Incorporated
- Petroleos de Venezuela SA
- PPG Industries Incorporated
- Royal Dutch Shell plc
- Solvay SA
- Sunoco Incorporated
- Total SA
- Uniqema North America, see Croda International plc
- LIST OF TABLES
- SECTION I -- EXECUTIVE SUMMARY
- Summary Table
- SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Personal Consumption Expenditures
- 3 Manufacturers’ Shipments
- 4 Population & Households
- SECTION III -- OVERVIEW
- 1 Solvents Demand by Type & Market Sector
- 2 Solvents Demand, 1997-2007
- 3 Solvents Pricing
- SECTION IV -- MANUFACTURING MARKETS
- 1 Manufacturing Markets for Solvents
- 2 Paints & Coatings Shipments
- 3 Paints & Coatings Market for Solvents
- 4 Printing Ink Shipments
- 5 Printing Inks Market for Solvents
- 6 Cleaning Product Shipments
- 7 Cleaning Products Market for Solvents
- 8 Cosmetics & Toiletries Supply & Demand
- 9 Cosmetics & Toiletries Market for Solvents
- 10 Adhesives & Sealants Shipments
- 11 Adhesives & Sealants Market for Solvents
- 12 Other Manufacturing Markets for Solvents
- 13 Chemical Product Shipments
- 14 Chemical Processing Markets for Solvents
- 15 Asphalt Production
- 16 Asphalt Production Market for Solvents
- 17 Pharmaceutical Supply & Demand
- 18 Pharmaceutical Market for Solvents
- 19 Plastics & Rubber Shipments
- 20 Plastics & Rubber Market for Solvents
- 21 Fabricated Metal Product Shipments
- 22 Metal Processing Market for Solvents
- 23 Electronic Components Shipments
- 24 Electronics Market for Solvents
- 25 Food & Beverage Shipments
- 26 Food & Beverage Market for Solvents
- 27 Agricultural Chemical Shipments
- 28 Agricultural Chemicals Market for Solvents
- 29 All Other Manufacturing Markets for Solvents
- SECTION V -- SERVICE & OTHER MARKETS
- 1 Service & Other Markets for Solvents
- 2 Transportation Indicators
- 3 Transportation Market for Solvents
- 4 Construction Expenditures
- 5 Construction Solvents Demand
- 6 Dry Cleaning Industry Overview
- 7 Dry Cleaning & Other Solvents Demand
- SECTION VI -- FUNCTIONS
- 1 Solvents Demand by Function
- 2 Vehicle/Carrier/Thinner Uses for Solvents
- 3 Antifreeze & Deicing Uses for Solvents
- 4 Cleaning Uses for Solvents
- 5 Extraction Agent Uses for Solvents
- 6 Other Uses for Solvents
- SECTION VII -- CONVENTIONAL SOLVENTS
- 1 Conventional Solvents Demand
- 2 Alcohol Solvents Demand by Type
- 3 Methanol Solvents Demand
- 4 Ethanol Solvents Demand
- 5 Isopropanol Solvents Demand
- 6 Other Alcohol Solvents Demand
- 7 Glycol Solvents Demand by Type
- 8 Ethylene Glycol Solvents Demand
- 9 E-Series Glycol Ether Solvents Demand
- 10 Other Glycol Solvents Demand
- 11 Hydrocarbon Solvents Demand by Type
- 12 Hydrocarbon Solvents Demand by Market
- 13 Ketone Solvents Demand by Type
- 14 Acetone Solvents Demand
- 15 Methyl Ethyl Ketone Solvents Demand
- 16 Methyl Isobutyl Ketone Solvents Demand
- 17 Other Ketone Solvents Demand
- 18 Ester Solvents Demand by Type
- 19 Butyl Acetate Solvents Demand
- 20 Ethyl Acetate Solvents Demand
- 21 Other Ester Solvents Demand
- 22 Chlorinated Solvents Demand by Type
- 23 Chlorinated Solvents Demand by Market
- 24 Other Conventional Solvents Demand by Market
- SECTION VIII -- GREEN SOLVENTS
- 1 Green Solvents Demand by Type
- 2 Propylene Glycol & Related Solvents Demand by Type
- 3 Propylene Glycol Solvents Demand
- 4 P-Series Glycol Ether Solvents Demand
- 5 Dipropylene Glycol Solvents Demand
- 6 Butanediol & Derivative Solvents Demand by Type
- 7 Butanediol Solvents Demand
- 8 Gamma-Butyrolactone & Derivative Solvents Demand
- 9 Tetrahydrofuran Solvents Demand
- 10 Soy Oil & Derivative Solvents Demand
- 11 Terpene Solvents Demand by Type
- 12 Pine Oil & Derivative Solvents Demand
- 13 Orange Oil & D-Limonene Solvents Demand
- 14 Hydrogen Peroxide Solvents Demand
- 15 Other Green Solvents Demand by Type
- 16 Other Green Solvents Demand by Market
- SECTION IX -- INDUSTRY STRUCTURE
- 1 US Solvents Sales by Company, 2007
- 2 Selected Acquisitions & Divestitures
- 3 Selected Cooperative Agreements
- LIST OF CHARTS
- SECTION III -- OVERVIEW
- 1 Solvents Demand, 1997-2007
- SECTION IV -- MANUFACTURING MARKETS
- 1 Manufacturing Markets for Solvents, 2007
- SECTION V -- SERVICE & OTHER MARKETS
- 1 Service & Other Solvent Markets, 2007
- SECTION VI -- FUNCTIONS
- 1 Solvents Demand by Function, 2007
- SECTION VII -- CONVENTIONAL SOLVENTS
- 1 Conventional Solvents Demand: Volume Vs. Value, 2007
- 2 Alcohol Solvents Demand by Type, 2007
- 3 Alcohol Solvents Market Share, 2007
- 4 Glycol Solvents Demand by Type, 2007
- 5 Glycol Solvents Market Share, 2007
- 6 Ketone Solvents Demand by Type, 2007
- 7 Ketone Solvents Market Share, 2007
- 8 Ester Solvents Demand by Type, 2007
- 9 Ester Solvents Market Share, 2007
- 10 Chlorinated Solvents Demand by Type, 2007
- SECTION VIII -- GREEN SOLVENTS
- 1 Green Solvents Demand: Volume Vs. Value, 2007
- SECTION IX -- INDUSTRY STRUCTURE
- 1 US Solvents Market Share, 2007
More DetailsGreen solvents to outpace conventional counterpartsGreen solvents have come to prominence through the replacement of conventional solvents over which environmental or toxicological concerns have been raised. Nearly all green solvent products will see more rapid gains in demand than their conventional counterparts, with particularly strong growth for smaller-volume products such as hydrogen peroxide and supercritical fluids. Demand for more mature products such as propylene glycol, pine oil and soy oil will rise at a slower rate, though still far outpacing gains for the solvent market overall.
Best market prospects for electronics, pharmaceuticals, cosmetics & toiletriesCoatings and printing inks, the two largest manufacturing markets for solvents, will both see subpar gains in demand. Manufacturers of these products will continue to move away from solventbased formulations in order to comply with VOC emissions regulations. More fortuitous growth prospects are expected for solvents in cosmetics and toiletries, pharmaceuticals and electronics, fueled by strong product demand and the use of more environmentally favorable solvents. Demand for solvents in transportation uses, the largest of the nonmanufacturing markets, will be limited by a slowdown in the number of motor vehicles on the road through 2012.
Study coverageSolvents, a new Freedonia industry study, is priced at $4600. 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.
