South America Special Boiling Point Solvents Market Key Players and Opportunities by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027South America Special Boiling Point Solvents Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Solvent Base (Petroleum Ether, Rubber Solvent, and Others), Application (Paints and Coatings, Rubbers and Tires, Inks, Adhesives, Resins, Cleaning Agents, and Others)
- Report Date : May 2021
- Report Code : TIPRE00022532
- Category : Chemicals and Materials
- Status : Published
- Available Report Formats :
- No. of Pages : 95
The South America special boiling point solvents market is expected to grow from US$ 71.43 million in 2019 to US$ 84.57 million by 2027; it is estimated to grow at a CAGR of 2.3% from 2020 to 2027.
SAM includes countries such as Brazil, Argentina, and the rest of SAM. SAM is another region contributing to the growth of special boiling point solvents in relation to the diversification of the application base. Special boiling point solvents is widely used in paints and coatings, adhesives, rubber and tires, and others. The rising use of this material in the adhesives industry is expected to drive the growth of the market in the region. SAM is the fastest-developing chemicals market across the world but is less mature and slow compared to other regions. Chile, Panama, Brazil, and Argentina are driving the growth of the market in the region. The region encompasses a number of opportunities for special boiling point solvents, but the industry is less developed in comparison to other regions. The increase in population and continuous advancement in the end-use industries such as construction, paint & coatings, and others have had a positive impact on the economy of Brazil and Argentina that has advanced to a large extent.
In case of COVID-19, in South America, especially Brazil, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of solvents manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for special boiling point solvents during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of solvents manufacturing projects, thereby reducing the demand for special boiling point solvents. Similar trend was witnessed in other South American countries, i.e., Argentina, Colombia, Peru and Chile. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
South America Special Boiling Point Solvents Market Segmentation
South America Special Boiling Point Solvents Market – By Solvent Base
- Petroleum Ether
- Rubber Solvent
- Others
South America Special Boiling Point Solvents Market – By Application
- Paints and Coatings
- Rubbers and Tires
- Inks, Adhesives
- Resins
- Cleaning Agents
- Others
South America Special Boiling Point Solvents Market – By Country
- Brazil
- Argentina
- Rest of South America
South America Special Boiling Point Solvents Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 71.43 Million |
| Market Size by 2027 | US$ 84.57 Million |
| Global CAGR (2020 - 2027) | 2.3% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Solvent Base
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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