Pharmaceutical Solvent Market Analysis

  • Report ID: 418
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Pharmaceutical Solvent Market Analysis

Product Type (Alcohol, Amine, Ester, Ether, Chlorinated Solvents)

The global pharmaceutical solvent market is segmented and analyzed for demand and supply by product type into alcohol, amine, ester, ether, and chlorinated solvents. Out of these, the alcohol segment is anticipated to capture the largest market size in the global pharmaceutical solvent market owing to the extensive use of alcohol as a direct solvent in pharmaceuticals during the forecast period. Further, alcohol is increasingly being used in the manufacturing of over-the-counter (OTC) drugs. OTC drugs are widely consumed, which promotes extensive use of alcohol solvents in their production. A survey found that 2/3 of adults (65%) and approximately 70% of parents rely on OTC drug medicines to treat their symptoms. Also, almost 80% of physicians consider that over-the-counter medicines play an important role in health care.

Our in-depth analysis of the global pharmaceutical solvent market includes the following segments:

         By Product Type

  • Alcohol
  • Amine
  • Ester
  • Ether
  • Chlorinated Solvents

         By End User

  • Pharmaceutical
  • Research Laboratories
  • Chemical
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 418
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of pharmaceutical solvent is assessed at USD 4.18 Billion.

The pharmaceutical solvent market size was over USD 3.85 Billion in 2023 and is likely to reach USD 6.7 Billion by the end of 2036, witnessing around 4.4% CAGR during the forecast period i.e., between 2024-2036. Rising pharmaceutical exports along with increasing healthcare expenditures are the major factors driving the growth of the market.

North American industry is projected to grow substantially through 2036, owing to a large number of developed pharmaceutical industries in the region.

BASF SE, Bayer AG, Clariant International Ltd, Exxon Mobil Corporation., Dow Chemical Company, Brenntag SE, Pon Pure Chemicals Group, Mitsui Chemicals, Inc., LyondellBasell Industries Holdings B.V., PPG Industries, Inc
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