[Astute Analytica Press Release] A study has been conducted to understand the demand for the high purity solvents market in 2022.
Asia-Pacific accounted for the largest share of the global high-purity solvents market in 2021. China is one of the major producers of solvents in the world. Therefore, China will account for the majority of the share of the Asia-Pacific high-purity solvent market in 2022. Survey overview:
Survey period: September 1st to November 30th, 2022
Research agency :
Survey contractor: Astute Analytica Co., Ltd.
Survey target: The survey was conducted with 890 leaders from organizations of all sizes around the world.
Number of valid responses: (890 people)
Survey method: Telephone survey of 300 people, Internet survey of 590 people Survey Respondents: The survey was conducted across companies based on revenue. [Image 1
Investigation result :
Q: Which segment is leading the high-purity solvent market based on type? By type, it is classified into acetone, ethanol, heptane, hexane, isopropyl alcohol, methanol, and pentane. Among these, acetone held a high segment share in 2022.
Q: Which segment is leading the high purity solvent market based on grade type? By grade, it is subdivided into HPLC solvent, HPLC isocratic solvent, HPLC gradient solvent, HPLC plus solvent, LC-MS solvent and UHPLC-MS solvent, etc. Among these, the HPLC segment is the traditional one and has the highest segment revenue in 2022 due to its wide adoption in the market. It is highly used in the pharmaceutical and chemical industries.
Q: Which category is leading the high purity solvent market? Based on category, the highly polar solvents market is divided into polar solvents and non-polar solvents. Among these, the polar solvents segment accounted for the highest segment share in 2022. The high share of the polar segment is due to acetone, methanol, isopropyl alcohol and methanol solvents are all high purity solvents.
Q: By packaging, which has more share of the high-purity solvent market? By packaging, the market is segmented into amber bottles, aluminum bottles, recycled bottles, borosilicate bottles, and others. Among these, the amber bottle sector accounts for the highest segment share in 2022. This is due to the excellent physical and chemical properties that these bottles offer.
Q: Which end user has more market share in the high purity solvent market? In terms of end-users, the market is segmented into Laboratory, Plastics & Adhesives, Sealants, Textiles, Pharmaceuticals, Food & Beverages, Chemicals, Cosmetics & Personal Care, Agriculture, Paints & Coatings, Soaps & Detergents, Electronics, etc. increase. Among these laboratories, it held the highest segment share in 2022.
Q: What is your preferred sales channel for the high-purity solvents market? In terms of distribution channels, the market is divided into online and offline segments. The offline segment held the highest segment share in 2022.
Q: What are the key factors driving the high purity solvent market? Increasing use of high-purity solvents in the pharmaceutical industry: High-purity, pharmaceutical-grade solvents play a key role in optimizing the manufacturing process of active pharmaceutical ingredients (APIs). One of the key factors involved in the production of active pharmaceutical ingredients (APIs) is consistent quality, as their production requires a very high degree of purity. As such, high-purity solvents play a key role in the manufacturing process of state-of-the-art Active Pharmaceutical Ingredients (APIs).
Various applications of high-purity solvents:
At the consumer level, acetone is a liquid solvent commonly used to dissolve and dissolve common substances such as nail polish and common household products. At the industrial level, acetone is a component of many common plastics, sealants, and textiles.
Oil extraction uses ultra-pure solvents that are safe for food contact. Due to its optimal solvency, food grade hexane is used worldwide to extract oil from seeds. It is a light solvent that is easily removed from cooking oils and recycled in a closed loop during the process. The process is efficient, clean and allows for the production of high quality vegetable oils.
Solvents help formulate the most efficient pesticide formulations. Solvents help optimize the dosage of active ingredients and provide cost-effective formulations. You can also reduce the amount of plant protection agent you need because it spreads evenly, dries slowly and is highly absorbent. Hydrocarbon solvents, on the other hand, are used in oily sprays to coat crop leaves and protect them from insects. Therefore, the impact of the factor of increased use of high-purity solvents in agrifood and personal care is expected to be moderate in the short term, but in the medium to long term, the impact is projected to be significant.
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