The global market for high-purity solvents is estimated to grow from $32.7 billion in 2025 and forecast to reach $45 billion by the end of 2030, at a compound annual growth rate (CAGR) of 6.6% from 2025 through 2030.
The global market for spectrophotometric solvents is estimated to grow from $17.2 billion in 2025 and forecast to reach $24.4 billion by 2030, at a CAGR of 7.2% from 2025 through 2030.
The global market for gas chromatography (GC) solvents is estimated to grow from $9.2 billion in 2025 and forecast to reach $12.4 billion by 2030, at a CAGR of 6.2% from 2025 through 2030.
Report Scope
This report provides a comprehensive examination into the high-purity solvents market. It details various types and grades, their applications and potential end uses. It covers an in-depth analysis of manufacturers, prevailing market trends, emerging opportunities and factors expected to drive market growth. All market value estimates are based on a thorough analysis of multiple factors and manufacturers' revenue, offering insight into the chemical industry. The report covers North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The report provides an analysis of the market based on type, category, grade, application and end user.
- Type: Spectrophotometric solvents, GC solvents, HPLC solvents, UHPLC and LC/MS solvents, and others.
- Grade: SpectroSolv, OmniSolv, HPLC grade, PestiSolv, ACS, UniSolv, BioSolv, GCSolv, and others.
- Category: Nonpolar solvent and polar solvent.
- Application: Catalysts, resins, electroplating, liquid crystal, batteries, and others.
- End User: Pharmaceutical, biotechnology, chemical laboratories, cosmetics, paints and coatings, food and beverages, agriculture, electrical and electronics, and others.
This report provides a comprehensive analysis of the high-purity solvents market, including forecasts for growth from 2025 through 2030, based on BCC Research's examination of essential segmentations and regions. It covers current market dynamics, demand-driving strategies and trends, profiles of key manufacturers, ESG developments, the competitive environment and regulatory aspects from an international and regional perspective to assess growth potential.
Report Includes
- 110 data tables and 43 additional tables
- An overview of the global markets for high-purity solvents
- In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2029, including projections of CAGRs through 2030
- Estimation of market size, demand/supply volume and revenue forecasts for high-purity solvents, and corresponding market share analysis by solvent type, grade, category, application, end user and geographic region
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (drivers, restraints, opportunities and industry-specific challenges) with respect to growth trends, upcoming prospects and contributions to the overall market
- Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, regulatory framework and reimbursement scenarios and ESG trends of the market
- Identification of companies best positioned to meet this demand due to their proprietary technologies, mergers and acquisitions, joint ventures and other strategic alliances
- Profiles of the leading global companies, including Exxon Mobil Corp., Merck KGaA, Thermo Fisher Scientific Inc., BASF, Evonik Industries AG and Dow
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
- Technological Advances and Applications
- Market Dynamics and Growth Factors
- Future Trends and Developments
- Segmental Analysis
- Regional and Emerging Markets
- Conclusion
Chapter 2 Market Overview
- Market Definition
- Porter's Five Forces Analysis
- Bargaining Power of Buyers: Moderate
- Bargaining Power of Suppliers: High
- Potential for New Entrants: Low
- Threat of Substitutes: Low
- Competition in the Industry: High
- Supply Chain Analysis
- Raw Materials and Suppliers
- Manufacturing and Processing
- Distribution and Sales
- End Users
- Import-Export Analysis
- Impact of Tariffs
Chapter 3 Market Dynamics
- Market Dynamics
- Market Drivers
- Growth in the Pharmaceutical and Biotechnology Sectors
- Expansion of Analytical and Chromatography Applications
- Adaptation in Resins, Electroplating and Liquid Crystal Applications
- Market Restraints
- High Cost of Production and Purification Technologies
- Strict Environmental and Safety Regulations
- Market Challenges
- Maintaining Purity, Mitigating Storage Contamination and Processing
- Supply Chain Disruptions
- Market Opportunities
- Energy Sector Fuels Market Growth
- Increased Demand for Environmentally Friendly Alternatives
- Increased Demand for Perfume-Making and Therapeutic Applications
Chapter 4 Regulatory Landscape
Chapter 5 Emerging Technologies and Developments
- New Technologies
- Sustainability and Circular Economy Initiatives
- Advanced Purification Technologies
- Patent Analysis
Chapter 6 Market Segmentation Analysis
- Segmentation Breakdown
- Highlights
- Market Analysis by Type
- Spectrophotometric Solvents
- GC Solvents
- HPLC Solvents
- UHPLC and LC/MS Solvents
- Others
- Market Analysis by Grade
- SpectroSolv
- OmniSolv
- HPLC Grade
- PestiSolv
- ACS
- UniSolv
- BioSolv
- GCSolv
- Others
- Market Analysis by Category
- Nonpolar Solvents
- Polar Solvents
- Market Analysis by Application
- Catalysts
- Resins
- Electroplating
- Liquid Crystal
- Batteries
- Others
- Market Analysis by End Use
- Pharmaceuticals
- Biotechnology
- Chemical Laboratories
- Cosmetics
- Paints and Coatings
- Food and Beverages
- Agriculture
- Electrical and Electronics
- Others
- Geographic Breakdown
- Highlights
- Market Analysis by Region
- North America
- Asia-Pacific
- Europe
- Middle East and Africa
- South America
Chapter 7 Competitive Intelligence
- Industry Structure
- Market Share Analysis
- Exxon Mobil Corp.
- Merck KGaA
- Thermo Fisher Scientific Inc.
- BASF
- Evonik Industries AG
- Strategic Analysis
- Mergers and Acquisitions
Chapter 8 Sustainability in the High-Purity Solvents Industry: ESG Perspective
- ESG Issues in the High-Purity Solvents Sector
- ESG Performance Analysis
- Status of ESG in the High-Purity Solvent Industry
- ESG Score Analysis
- Risk Scale, Exposure Scale and Management Scale
- Concluding Remarks from BCC Research
Chapter 9 Appendix
- Methodology
- Sources
- References
- Abbreviations
- Company Profiles
- APCHEM PVT. LTD.
- ASAHI KASEI CORP.
- AVANTOR INC.
- BASF
- COLUMBUS CHEMICALS
- DOW
- EVONIK INDUSTRIES AG
- EXXON MOBIL CORP.
- HIGH PURITY LABORATORY CHEMICALS PVT. LTD.
- HONEYWELL INTERNATIONAL INC.
- RESONAC HOLDINGS CORP.
- LOBACHEMIE PVT. LTD.
- MERCK KGAA
- TEDIA CO. LLC.
- THERMO FISHER SCIENTIFIC INC.