Product Code: IRTNTR75237
Global Solketal Market 2023-2027
Technavio has been monitoring the solketal market and is forecast to grow by USD 248.53 mn during 2022-2027, accelerating at a CAGR of 3.32% during the forecast period. Our report on the solketal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing use of solketal in the production of biodiesel, increasing demand for bio-based solvents, and environmental regulations and sustainability initiatives.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.06% |
CAGR | 3.2% |
Incremental Value | $245 mn |
Technavio's solketal market is segmented as below:
By End-user
- Chemical manufacturing
- Pharmaceutical
- Food and beverage
- Cosmetics and personal care and others
By Type
- 96-98 percent
- 98 percent
- >98 percent
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing technological advancements in solketal production as one of the prime reasons driving the solketal market growth during the next few years. Also, the growing demand for solketal-based polymers and the growing use of solketal in R and D will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the solketal market covers the following areas:
- Solketal market sizing
- Solketal market forecast
- Solketal market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solketal market vendors that include Alfa Chemistry, alteqo bv, CM Fine Chemicals GmbH, CP Lab Safety, CPS Performance Materials Corp., DAYANG CHEM (HANGZHOU) CO., LTD., GLACONCHEMIE GmbH, Glentham Life Sciences Ltd, Haihang Industry Co. Ltd., HENAN BON INDUSTRIAL CHEMICAL CO. LTD., IMPAG AG, LOBA Feinchemie GmbH, Merck KGaA, Molekula Ltd., Thermo Fisher Scientific Inc., Tocopharm Co. Ltd., Tokyo Chemical Industry Co. Ltd., and Solvay SA. Also, the solketal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Solketal Market 2018 - 2022
- Historic Market Size - Data Table on Global Solketal Market 2018 - 2022 ($ million)
- 4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
- 6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 6.3 Chemical manufacturing - Market size and forecast 2023-2028
- Chart on Chemical manufacturing - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemical manufacturing - Market size and forecast 2023-2028 ($ million)
- Chart on Chemical manufacturing - Year-over-year growth 2023-2028 (%)
- Data Table on Chemical manufacturing - Year-over-year growth 2023-2028 (%)
- 6.4 Pharmaceutical - Market size and forecast 2023-2028
- Chart on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
- Data Table on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
- Chart on Pharmaceutical - Year-over-year growth 2023-2028 (%)
- Data Table on Pharmaceutical - Year-over-year growth 2023-2028 (%)
- 6.5 Food and beverage - Market size and forecast 2023-2028
- Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
- Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
- Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
- Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
- 6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 96-98 percent - Market size and forecast 2023-2028
- Chart on 96-98 percent - Market size and forecast 2023-2028 ($ million)
- Data Table on 96-98 percent - Market size and forecast 2023-2028 ($ million)
- Chart on 96-98 percent - Year-over-year growth 2023-2028 (%)
- Data Table on 96-98 percent - Year-over-year growth 2023-2028 (%)
- 98 percent - Market size and forecast 2023-2028
- Chart on 98 percent - Market size and forecast 2023-2028 ($ million)
- Data Table on 98 percent - Market size and forecast 2023-2028 ($ million)
- Chart on 98 percent - Year-over-year growth 2023-2028 (%)
- Data Table on 98 percent - Year-over-year growth 2023-2028 (%)
- 7.5 Greater than 98 percent - Market size and forecast 2023-2028
- Chart on Greater than 98 percent - Market size and forecast 2023-2028 ($ million)
- Data Table on Greater than 98 percent - Market size and forecast 2023-2028 ($ million)
- Chart on Greater than 98 percent - Year-over-year growth 2023-2028 (%)
- Data Table on Greater than 98 percent - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Alfa Chemistry
- Alfa Chemistry - Overview
- Alfa Chemistry - Product / Service
- Alfa Chemistry - Key offerings
- 12.4 CM Fine Chemicals GmbH
- CM Fine Chemicals GmbH - Overview
- CM Fine Chemicals GmbH - Product / Service
- CM Fine Chemicals GmbH - Key offerings
- 12.5 DAYANG CHEM (HANGZHOU) CO., LTD.
- DAYANG CHEM (HANGZHOU) CO., LTD. - Overview
- DAYANG CHEM (HANGZHOU) CO., LTD. - Product / Service
- DAYANG CHEM (HANGZHOU) CO., LTD. - Key offerings
- 12.6 GLACONCHEMIE GmbH
- GLACONCHEMIE GmbH - Overview
- GLACONCHEMIE GmbH - Product / Service
- GLACONCHEMIE GmbH - Key offerings
- 12.7 Glentham Life Sciences Ltd
- Glentham Life Sciences Ltd - Overview
- Glentham Life Sciences Ltd - Product / Service
- Glentham Life Sciences Ltd - Key offerings
- 12.8 Haihang Industry Co. Ltd.
- Haihang Industry Co. Ltd. - Overview
- Haihang Industry Co. Ltd. - Product / Service
- Haihang Industry Co. Ltd. - Key offerings
- 12.9 HENAN BON INDUSTRIAL CHEMICAL CO. LTD.
- HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Overview
- HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Product / Service
- HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Key offerings
- 12.10 IMPAG AG
- IMPAG AG - Overview
- IMPAG AG - Product / Service
- IMPAG AG - Key offerings
- 12.11 LOBA Feinchemie GmbH
- LOBA Feinchemie GmbH - Overview
- LOBA Feinchemie GmbH - Product / Service
- LOBA Feinchemie GmbH - Key offerings
- 12.12 Merck KGaA
- Merck KGaA - Overview
- Merck KGaA - Business segments
- Merck KGaA - Key news
- Merck KGaA - Key offerings
- Merck KGaA - Segment focus
- 12.13 Molekula Ltd.
- Molekula Ltd. - Overview
- Molekula Ltd. - Product / Service
- Molekula Ltd. - Key offerings
- 12.14 Solvay SA
- Solvay SA - Overview
- Solvay SA - Business segments
- Solvay SA - Key news
- Solvay SA - Key offerings
- Solvay SA - Segment focus
- 12.15 Thermo Fisher Scientific Inc.
- Thermo Fisher Scientific Inc. - Overview
- Thermo Fisher Scientific Inc. - Business segments
- Thermo Fisher Scientific Inc. - Key news
- Thermo Fisher Scientific Inc. - Key offerings
- Thermo Fisher Scientific Inc. - Segment focus
- 12.16 Tocopharm Co. Ltd.
- Tocopharm Co. Ltd. - Overview
- Tocopharm Co. Ltd. - Product / Service
- Tocopharm Co. Ltd. - Key offerings
- 12.17 Tokyo Chemical Industry Co. Ltd.
- Tokyo Chemical Industry Co. Ltd. - Overview
- Tokyo Chemical Industry Co. Ltd. - Product / Service
- Tokyo Chemical Industry Co. Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations