Aprotic Solvents Market Segmented By the solvent type such as N-Methyl-2-pyrrolidone, Benzene, Toluene, Acetone, Chloroform with the source such as Bio & Green, Conventional
Industry: Chemicals and Materials
Format: PPT*, PDF, EXCEL
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Report Type: Ongoing
Report ID: PMRREP16237
Aprotic solvents are those solvents that cannot donate suitably hydrogen atom and lack an acidic hydrogen. Aprotic solvents have high dipole moment, low skin penetration, high polarity, large dielectric constant, stability towards strong acidic conditions, and are incompatible with strong bases such as n-butyllithium. The common characteristics of aprotic solvents include acceptance of hydrogen bonds, do not have acidic hydrogen, able to stabilize ions, and dissolve salts.
At high temperature, it can be used with strong acids as well as reagents include phosphorous tri and thionyl chloride. Additionally, high polarity of aprotic solvents enables them to dissolve charged species include various anions used as nucleophiles which make them more reactive.
Aprotic solvents market is witnessing maximum growth owing to burgeoning consumption for aprotic solvents among various end user industries such as pharmaceutical, and oil & gas industry, advanced recycling technology, and rising demand for the environmentally friendly solution.
Moreover, advanced features such as high relative permittivity, low reactivity, and thermal stability along with the use of aprotic solvents in gas production, and oil refining are some of the factors that can boost the demand for aprotic solvents over the forecast period. However, rising demand for non-toxic substitutes to aprotic solvents, stringent regime regulations, fluctuation in raw material cost, and increasing environmental concern may hinder the growth of aprotic solvents market in the near future.
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| Based on the source |
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Aprotic solvents market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to extensive use of the N-Methyl-2-pyrrolidone solvent for liquefying various material in oil & gas industry, and toluene in the development of benzene, xylene, and trinitrotoluene used in various industries such as pharmaceutical.
Moreover, expanding the use of aprotic polarity solvent as a reaction solvent for agricultural as well as pharmaceutical chemicals along with a cleaning agent for electronic components are some of the factors that are projected to propel the market revenue growth of aprotic solvents during the forecast period.
Based on application, the pharmaceutical segment is anticipated to grow at the fastest CAGR over the forecast period attributed to expanding usage of bio-based solvents in the pharmaceutical industry coupled with a rise in demand for environmentally friendly products owing to stringent government regulations.
Depending on the geographic region, aprotic solvents market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. North America dominates the aprotic solvents market, with the U.S. being a leading contributor owing to established research centers, innovative technology, and the presence of major players.
Asia Pacific, Middle East, and Africa hold significant potential and shows substantial growth in terms of expanding pharmaceutical and oil & gas industry in these regions is escalating the growth of aprotic solvents market throughout the forecast period.
Some players of the aprotic solvents market are CNPC Jilin Chemical Group, BASF SE, Eastman Chemical Company, Shell Chemicals, Ineos Chemicals Company, Celanese Corporation, DuPont Conglomerate Company, AlzChem AG, Asahi Kasei, Imperial Chemical Corporation, Mitsubishi Chemicals, Nanjing Jinlong and Ashland.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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