Global Aprotic Solvents Market is estimated to grow significantly in the forecast period owing to the increase in demand from several end use industries and growing use of bio-based items. Aprotic solvents are the solvents, which are not capable of hydrogen bonding, for which they cannot be hydrogen bonds. Aprotic solvents usually have intermediate polarity and dielectric constants.

Rising consumption of aprotic solvents among several other end use industries like oil & gas, petrochemicals, enhanced recycling technology, and growing demand for eco-friendly solution are majorly driving the growth of aprotic solvents market. Furthermore, improved features like low reactivity, high relative permittivity, thermal stability with the use of aprotic solvents in production of gas and oil refining are other boosting factors of aprotic solvents. However, increase in demand for non-toxic alternates to aprotic solvents, strict government regulations, flexible raw material cost and growing environmental concern are expected to hamper the growth of aprotic solvents market in the coming years.

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Increase in demand for aprotic solvents is predicted to expand impressively in the pharmaceutical segment in the years to come owing to the innovations in the segment, which introduces new drugs. Over the years, the demand for toluene is also on the rise. The raw material is used to produce other chemicals like benzene, xylene, and trinitrotoluene (TNT). Hence, the demand is expected to remain strong in future as well. Besides, N-Methyl-2-pyrrolidone (NMP) potentially dissolves numerous metals due to which its demand is expected to resister significant growth especially in oil & gas and plastic segment.

Aprotic solvents industry is categorized on the basis of solvent type, application and geography. On the basis of solvent type, the market is divided into N-Methyl-2-pyrrolidone, benzene, toluene, acetone, chloroform, and others. In terms of application, aprotic solvents market is divided into pharmaceutical, oil & gas, personal care, electronics, adhesives, paints & coatings, and others. Oil & gas segment is expected to register significant growth since it extensively uses aprotic solvents. They are used as fracking fluids while oil drilling operations since it increases the quantity of hydrocarbons.

Geographically, aprotic solvents industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to hold larger market share of aprotic solvents owing to the steady growth observed in industries like electronics and electrical, pharmaceutical, and paints & coatings. North America is projected to lead aprotic solvents industry after Asia Pacific due to growing pharmaceuticals and oil & gas industry.

The prominent players in aprotic solvents industry include AlzChem AG, Ashland, Asahi Kasei, BASF SE, CNPC Jilin Chemical Group, Eastman Chemical Company, Imperial Chemical Corporation, Celanese Corporation, Ineos Chemicals Company, Shell Chemicals, DuPont Conglomerate Company, Mitsubishi Chemicals, and Nanjing Jinlong.

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Market Segment:

Global Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• N-Methyl-2-pyrrolidone (NMP)
• Toluene
• Benzene
• Acetone
• Others (Chloroform, Pentane, Diethyl Ether and Hexane)

Global Application Outlook (Volume, KiloTons; Revenue, USD Million, 2014 - 2025)
• Oil & gas
• Pharma
• Paints & Coatings
• Electronics
• Others (Agrochemicals, Printing Inks and Personal Care)

Regional Outlook (Volume, KiloTons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• MEA

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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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