Solvay
2019 Annual Integrated Report

In step with powerful business trends

Eco-friendly based solutions

Addressable
market

>€10

bn

Consumer behaviors are shifting towards wellness, with a desire for a better quality of life with a healthier work-life balance, reduced stress and higher quality food. These new priorities often mean a preference for organic, natural solutions.

>10%

CAGR growth in natural vanillin by 20243

+5.7%

CAGR growth in waterborne coatings by 20253

+3.1%

CAGR growth in organic shampoos through 20253

Challenges for customers

The key challenge within this trend today is the higher cost of eco-friendly based solutions compared to fossil-based technologies.

Opportunities for Solvay

  • Solvay is a leader in bio-based ingredients.
    • We have developed the reference in natural vanillin, produced by bioconversion of natural raw materials.
    • We are the world leader in chemical modification of guar. Guar gum is extracted from the seeds of the guar plant and used in markets such as agro & nutrition and home & personal care.
  • Our waterborne coatings solutions address the challenges of adhesion to difficult substrates, anticorrosion, hydrophobicity and overall durability, specifically in the direct-to-metal segment, metal structures and shipping containers. We work closely with customers on novel APE1- & VOC2-free and odor-free products that meet their needs for binders, colorings and performance.

A Solvay solution

As sustainable solvents are the fastest-growing segment on the market, the Augeo® line of bio-sourced solvents is truly taking off. Developed for cleaning products and fragrances, Augeo® is non-toxic, biodegradable and produced sustainably; an alternative to traditional petro-chemistry. Indeed, Augeo® is based on glycerin, a colorless and odorless substance well known for its use as a moisture preserver in the food industry, and therefore completely harmless for people and the environment.

1: Alkyl Phenol Ethoxylates, 2: Volatile Organic Compounds, 3: Solvay internal research