Industrial Solvents Market 2022 technology LG Chemicals (Japan), BASF SE (Germany), Exxon Mobil Corporation (US), BP Plc (UK)
Industrial Solvents Market Insight The industrial solvents market is witnessing growth due to factors such as rapid industrialization in emerging economies that have amplified the importance of industrial solvents. The growth of the industrial solvents market is also anticipated to create new opportunities for manufacturers to increase their market share. The prime players in the market are acquiring small players to augment their share in terms of volume. However, small players are also investing in research & development to introduce new products with different applications. Besides, some of the key players are also on the verge to make long-term contracts with the end-users. Apart from this, the introduction of environmentally friendly solvents is also likely to optimistically impact the development of the global industrial solvents market during the assessment period. The industrial solvents market, as discussed by Market Research Future (MRFR), is followed by rapid indus...