Solvents Facts and Figures
- The solvents industry employs more than 10,000 people throughout Europe.
- All of us use and rely on solvents every day to perform a wide variety of tasks.
- Solvents manufacturers across Europe have an estimated combined turnover of €2.5-3bn and sell a total volume of approximately 5 million tonnes a year.
- More than half a million European companies, ranging from pharmaceutical to agrochemical and paint producers, are solvent users. These companies have a combined turnover of €20bn, and employ more than 10 million people.
- The European solvents industry is committed to meeting the highest safety standards and environmental protection. It spends more than €20m per year on research and development.
- The solvent producing industry is composed of both small and medium-sized enterprises as well as multinationals. Downstream users generally tend to be SME's and micro-SMEs.