The global solvents market value is predicted to increase by 4% per year until 2021.
Solvents are an important part of adhesive, paint, varnish and printing ink formulations. In 2013, about $25 billion was generated with the sale of solvents worldwide. According to the third edition of “Market Study: Solvents,” a report from Ceresana, the value of the global solvents market is expected to increase by 4% per year until 2021.