Report Highlights
The global market for high-purity solvents is estimated to grow from $32.7 billion in 2025 and forecast to reach $45 billion by the end of 2030, at a compound annual growth rate (CAGR) of 6.6% from 2025 through 2030.
Report Includes
- 110 data tables and 43 additional tables
- An overview of the global markets for high-purity solvents
- In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2029, including projections of CAGRs through 2030
- Estimation of market size, demand/supply volume and revenue forecasts for high-purity solvents, and corresponding market share analysis by solvent type, grade, category, application, end user and geographic region
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (drivers, restraints, opportunities and industry-specific challenges) with respect to growth trends, upcoming prospects and contributions to the overall market
- Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, regulatory framework and reimbursement scenarios and ESG trends of the market
- Identification of companies best positioned to meet this demand due to their proprietary technologies, mergers and acquisitions, joint ventures and other strategic alliances
- Profiles of the leading global companies, including Exxon Mobil Corp., Merck KGaA, Thermo Fisher Scientific Inc., BASF, Evonik Industries AG and Dow
Report Scope
This report provides a comprehensive examination into the high-purity solvents market. It details various types and grades, their applications and potential end uses. It covers an in-depth analysis of manufacturers, prevailing market trends, emerging opportunities and factors expected to drive market growth. All market value estimates are based on a thorough analysis of multiple factors and manufacturers’ revenue, offering insight into the chemical industry. The report covers North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The report provides an analysis of the market based on type, category, grade, application and end user.
- Type: Spectrophotometric solvents, GC solvents, HPLC solvents, UHPLC and LC/MS solvents, and others.
- Grade: SpectroSolv, OmniSolv, HPLC grade, PestiSolv, ACS, UniSolv, BioSolv, GCSolv, and others.
- Category: Nonpolar solvent and polar solvent.
- Application: Catalysts, resins, electroplating, liquid crystal, batteries, and others.
- End User: Pharmaceutical, biotechnology, chemical laboratories, cosmetics, paints and coatings, food and beverages, agriculture, electrical and electronics, and others.
This report provides a comprehensive analysis of the high-purity solvents market, including forecasts for growth from 2025 through 2030, based on BCC Research’s examination of essential segmentations and regions. It covers current market dynamics, demand-driving strategies and trends, profiles of key manufacturers, ESG developments, the competitive environment and regulatory aspects from an international and regional perspective to assess growth potential.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||||||||
| Forecast period considered | 2025-2030 | ||||||||||||||||
| Base year market size | $30.8 Billion | ||||||||||||||||
| Market size forecast | $45.0 Billion | ||||||||||||||||
| Growth rate | CAGR of 6.6% (by Value) from 2025 to 2030 | ||||||||||||||||
| Units considered | $ Millions (Value) and Tons (Volume) | ||||||||||||||||
| Segments covered | By Type, Grade, Category, Application, End-User Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and South America | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Growth in the pharmaceutical and biotechnology sectors.
- Expansion of analytical and chromatography applications.
- Adaptation in resins, electroplating, and liquid crystal applications.
- Maintaining purity, mitigating contamination storage, and processing.
- Supply chain disruptions.
- Energy sector fuels market growth.
- Growing demand for environmentally friendly alternatives.
- Demand from perfume making and therapeutic applications.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for high-purity solvents should grow from $41.1 billion in 2020 to $57.1 billion by 2025, at a compound annual growth rate (CAGR) of 6.8% for the period of 2020-2025.
Report Includes
- 212 data tables and 32 data tables
- An overview of the global markets for high purity solvents within the industry
- Analyses of the global market trends, with data for 2019-2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2025
- Estimation of market size, demand/supply volume and revenue forecasts for high purity solvents; and corresponding market share analysis by solvent type, grade, category, application, end user and geographic region
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (drivers, restraints, opportunities, and industry-specific challenges) with respect to specific growth trends, upcoming prospects and contributions to the overall market
- Highlights of the impact of COVID-19 on high purity solvents market at global level
- Assessment of competitive developments such as joint ventures, mergers and acquisitions, new product development, expansions, and research and development activities in the global high purity solvents market
- Global competitive landscape featuring manufacturers and suppliers of high purity solvents, their company share analysis, product portfolio and revenue analysis
- Profile description of the leading market players including Akzo Nobel N.V., Asahi Kasei Corp., BASF SE, Dow Chemical Co., Evonik Industries AG, Exxon Mobil Corp., The Linde Group, and Thermo Fisher Scientific Inc.
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