![]() Useful Alcohols: Ceresana Analyzes the World Market for SolventsCeresana's latest solvent market report forecasts Ethanol to grow the most.
By: Ceresana Chemicals for a Colorful World Solvents make paints and coatings processable and make it possible to control their properties in a targeted manner. With around 47% of total demand, companies in the paint industry are the largest consumers of solvents. According to Ceresana's solvent industry analysis, the pharmaceutical industry is the second-largest application area, followed by the cosmetics, printing inks, and adhesives sectors. Large quantities of solvents are used, for example, for chemical manufacturing processes, degreasing, cleaning, cooling circuits, and de-icing. However, chemicals that can cause unpleasant odors, explosive vapors, health and environmental damage are increasingly controversial and subject to restrictions. The trend is therefore towards more environmentally friendly alternatives, such as bio-based solvents, particularly for products for end consumers and in the food industry. However, water-based paints cannot always replace solvent-based coatings in demanding applications. Even conventional petrochemical solvents are increasingly being mixed with biogenic components from renewable raw materials. Alcohol as a Cleaning Agent Alcohols are by far the most popular types of solvent: especially ethanol, n-butanol, isopropanol, and methanol. Ketones (primarily acetone), aromatics (such as toluene and xylene), esters (such as ethyl acetate and butyl acetate), and ethers (such as diethyl ether, THF, or glycol ether) also have significant market shares. Ethanol will record the strongest growth: Ceresana's solvent market report forecasts an increase in consumption of 3.7% per year for this product. The solvent market is growing particularly in the Africa and Asia-Pacific regions. This is followed by the regions Middle East and South America. The industry in Asia-Pacific currently consumes around 47% of all solvents worldwide – and around 3.5 million tonnes of alcohols alone per year. Further information on the new edition of the market study "Solvents – World Report" (5th edition): https://ceresana.com/ End
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