Global Exempt Solvents Market to Witness Impressive Growth, Revenue to Surge to USD 9.60 Billion by 2032

The global Exempt Solvents Market was worth USD 2.65 Billion in 2023. The market is forecast to reach USD 9.60 Billion by 2032, growing at a compound annual growth rate (CAGR) of 13.7% during the forecast period 2024-2032. 

The report includes forecast and study for the exempt solvents market for coating industry on a global and regional level. The study comprises historical data of 2016- 2020 along with a forecast for 2021 to 2028 based revenue (USD Billion). The study encompasses drivers and restraints for the market along with their impact on the demand over the forecast period. Moreover, the report provides a study of opportunities present in the exempt solvents market for coating industry on a global level.

In order to provide the users with the complete view of the exempt solvents market for coating industry, detailed competitive scenario, and product portfolio of key vendors are included. The analysis of Porter’s five forces model for the exempt solvents market has also been included along with strategic development. The study includes market attractiveness analysis, where type and product segments are benchmarked based on their market size and general attractiveness.

The study provides a decisive view on the methyl chloroform, methyl chloride, methyl acetate, acetone, parachlorobenzotrifluoride and other products are products of exempt solvents. All the segments have been analyzed based on current and future trends estimated from 2016 to 2028. The regional segmentation comprises of the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

Europe has been leading the worldwide exempt solvents market and is anticipated to continue on the dominant position in the years to come, states the exempt solvents market study. A sharp expansion of automotive sector along with presence of automotive behemoths is the main factor behind the dominance of the Europe exempt solvents market. Strict laws enforced by regulatory authorities in Europe over solvent consumption has precipitated huge demand for low VOC emitting solvents, thereby resulting in tremendous growth of exempt solvents market in the region.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. The key players of energy management system market include The Dow Chemical Company, TH Hilson Company, Pacific Coast Chemicals, Eastman Chemical Company, and Startex Chemical Incorporation.

Browse the full “Exempt Solvents Market by Product (Methyl chloroform, Methyl chloride, Methyl Acetate, Acetone and Parachlorobenzotrifluoride, and Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2024– 2032.” Report at https://www.zionmarketresearch.com/report/exempt-solvents-market

The report segments global Exempt Solvents market as follows:

By Products

• Methyl chloroform
• Methyl chloride
• Methyl Acetate
• Acetone
• Parachlorobenzotrifluoride
• Others  

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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