Solvents that don’t have the ability to donate hydrogen atom are known as aprotic solvents. At high temperature, these can be used with strong acids. Aprotic solvents are used in a variety of applications by different end user such as paint & coatings, oil & gas and others. The increasing demand for environmental solution is boosting the Aprotic Solvents Market. This market is fragmented by types, application, source, end user and geography.The aprotic solvents market is estimated to reach $20.15 Billion by 2023, according to a new report by IndustryARC. Growing pharmaceuticals industry is expected to drive the market in the coming years.
BASF headquartered inLudwigshafen, Germany has a distinctive Verbund system. The Verbund system introduced by the company eliminates the waste resources and minimizes transport distances. Through this Verbund concept, the company recognizes annual savings more than €1 billion on a global scale. The main reasons behind the success for this segment are the technological and operational excellence, the reduction of complexity, availability of raw materials, scale effects, reliable and low cost logistics. The chemicals segment of BASF Company includes Petrochemicals, Intermediates and Monomers businesses.
Eastman Chemical Company headquartered in Tennessee, United States is a global specialty chemical company that produces a wide range of advanced materials, specialty chemicals, additives and functional products and fibers which are found in daily products used by consumers. The company provides innovations and solutions for a variety of coating applications. It is one of the leading providers of high quality raw materials for coating and paint worldwide. The chemical intermediate revenue for the company was 29.7% in 2017. The company offers a variety of products. One of their products is TamiSolve NxG. It is a high boiling dipolar aprotic solvent, having a high thermal stability. It is used for the purpose of replacing NMP or NEP and other solvents.
Shell Chemicals in United States is one of the prominent player in supplying chemicals. The company supplies around 17 million tonnes of petrochemicals to the large industrial customers per year. The company offers a wide range of product portfolios such as acetone, aromatics, ethylene oxide, ethylene glycols and others. Shell Chemicals provides raw materials for countless products that are used at work, homes and cars. The company uses advanced technologies inorder to uncover the growing hard to find energy resources.
Mitsubishi Chemical headquartered in Tokyo, Japan is one of the prominent players in the Aprotic Market. The company creates innovative solution globally keeping in mind the well-being of people, their comfort and health. The company offers variety of products such as industrial chemicals, basic petrochemical, solvents, MMA monomer and derivatives. They features very high and pure acetones.
The Aprotic Market is growing its demand because of the increasing consumption of aprotic solvents by different end user industries such as oil & gas, pharmaceutical and others. The growing demand for non-toxic substitutes to aprotic solvents and also the increasing concern of environment may obstruct the growth of Aprotic Solvents Market in the coming generation.
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