Global Solvent Market Dynamics and Strategies in A Changing Environment The global solvent market is constantly evolving and changing. This means that the industry must put forward new strategies so that it can remain competitive in order to survive. In this article, you will learn about how the global solvent market has evolved over time and what changes are currently being made so that future sustainability can be ensured. What is the global solvent market? The global solvent market is the largest product market in the world, raking in over $1 trillion in sales in 2016. The market is expected to grow at a compounded annual rate of over 6% through 2021. The growth of the global solvent market is driven by increasing demand for lubricants and cleaning solutions, as well as rising automotive industry standards. What are the key players in the global solvent market? The top three players in the global solvent market are P&G, LyondellBasell, and BASF...
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