Mounting Environmental and Regulatory Pressures Driving Global Solvents Industry to Greener Alternatives, Says IHS Study

Dateline City:
HOUSTON

Demand for traditional solvents declines in developed countries, but increasing in developing economies such as China

Driven by increasing environmental and regulatory pressures, and concerns over toxicity to humans, the global solvents market continues to undergo significant changes as demand for “greener” solvents has increased in developed countries during the last 15 years, while demand for traditional solvents (outside of China) continues to decline, according to a new IHS Chemical (NYSE: IHS) global market research report.

Language:
English
Contacts
IHS Media Relations, +1 303 305 8021
IHS Media Relations
press@ihs.com
or
Energy company financial valuations/M&A; chemicals & refining
Melissa Manning, +1 832-458-3840
melissa.manning@ihs.com

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