Solvents Market Growth, Size, Share, Trends, and Forecast 2032

Solvents Market

Solvents Market by Type (Alcohols, Hydrocarbons, Ketones, Esters, and Chlorinated) By End Users (Cleaning Products, Paints and Coatings, Printing Inks, Pharmaceuticals, and Adhesives and Cosmetics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032

Category: Chemical & Materials Report Format : PDF Pages: 160 Report Code: ZMR-118 Published Date: Dec-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 25.76 Billion USD 42.5 Billion 5.72% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By End Users
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Sulvents Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Sulvents Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Alcohuls
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Hydrocarbons
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Ketones
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Esters
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Chlorinatedes
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Others
      • 4.7.1. Market Size and Forecast, By Region (USD Billion)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Sulvents Market – End Users Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By End Users, 2020 & 2028
    • 5.2. Cleaning Products
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Paints and Coatings
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Printing Inks
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Pharmaceuticals
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Adhesives and Cosmetics
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Others
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By End Users, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By End Users, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By End Users, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By End Users, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By End Users, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By End Users, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By End Users, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By End Users, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By End Users, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By End Users, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By End Users, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By End Users, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By End Users, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By End Users, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By End Users, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By End Users, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By End Users, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By End Users, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By End Users, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By End Users, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By End Users, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By End Users, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By End Users, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By End Users, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By End Users, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By End Users, 2016 – 2028
  • Chapter No. 7: Sulvents Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Sulvents Market: Company Market Share, 2019
      • 8.1.2. Global Sulvents Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Sulvents Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Sulvents Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Dow Chemical Company
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Sasul Sulvents
    • 9.3. BASF SE
    • 9.4. Celanese Corporation
    • 9.5. Maruzen Petrochemical
    • 9.6. Ashland Inc
    • 9.7. Honeywell International Inc
    • 9.8. Eastman Chemical Company
    • 9.9. Ineos A.G
    • 9.10. Exxon Mobil Corporation
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By End Users
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Solvents Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Solvents Market for Alcohols, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Solvents Market for Alcohols, By Country, 2020 & 2028
FIG NO. 9. Global Solvents Market for Hydrocarbons, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Solvents Market for Hydrocarbons, By Country, 2020 & 2028
FIG NO. 11. Global Solvents Market for Ketones, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Solvents Market for Ketones, By Country, 2020 & 2028
FIG NO. 13. Global Solvents Market for Esters, Revenue (USD Billion) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Solvents Market for Esters, By Country, 2020 & 2028
FIG NO. 15. Global Solvents Market for Chlorinated, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Solvents Market for Chlorinated, By Country, 2020 & 2028
FIG NO. 17. Global Solvents Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Solvents Market for Others, By Country, 2020 & 2028
FIG NO. 19. Market Revenue Share, By End Users, 2020 & 2028
FIG NO. 20. Global Solvents Market for Cleaning Products, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Solvents Market for Cleaning Products, By Country, 2020 & 2028 
FIG NO. 22. Global Solvents Market for Paints and Coatings, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Solvents Market for Paints and Coatings, By Country, 2020 & 2028
FIG NO. 24. Global Solvents Market for Printing Inks, Revenue (USD Billion) 2016 – 2028 
FIG NO. 25. Comparative Revenue Analysis of Solvents Market for Printing Inks, By Country, 2020 & 2028
FIG NO. 26. Global Solvents Market for Pharmaceuticals, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Solvents Market for Pharmaceuticals, By Country, 2020 & 2028
FIG NO. 28. Global Solvents Market for Adhesives and Cosmetics, Revenue (USD Billion) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Solvents Market for Adhesives and Cosmetics, By Country, 2020 & 2028
FIG NO. 30. Global Solvents Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 31. Comparative Revenue Analysis of Solvents Market for Others, By Country, 2020 & 2028
FIG NO. 32. Global Solvents Market Revenue Share, By Region, 2020 & 2028
FIG NO. 33. North America Solvents Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 34. Porter’s Five Forces Analysis for Global Solvents Market
FIG NO. 35. PEST Analysis for Global Solvents Market
FIG NO. 36. Pricing Analysis for Global Solvents Market
FIG NO. 37. Value Chain Analysis for Global Solvents Market
FIG NO. 38. Company Share Analysis, 2019
FIG NO. 39. Radar Determinant Chart, 2019
FIG NO. 40. Company Strategic Developments – Heat Map Analysis
FIG NO. 41. Dow Chemical Company Business Segment Revenue Share, 2020 (%)
FIG NO. 42. Dow Chemical Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 43. Market Channels 
FIG NO. 44. Marketing Channel Development Trend
FIG NO. 45. Growth in World Gross Product, 2008-2018
FIG NO. 46. Research Methodology – Detailed View
FIG NO. 47. Research Methodology


Table Of Tables

List of Tables 

TABLE NO. 1. Global Solvents Market: Snapshot
TABLE NO. 2. Quarterly Solvents Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Solvents Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Solvents Market for Alcohols, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Solvents Market for Hydrocarbons, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Solvents Market for Ketones, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Solvents Market for Esters, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Solvents Market for Chlorinated, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Solvents Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12: Global Solvents Market for Cleaning Products, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13: Global Solvents Market for Paints and Coatings, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Solvents Market for Printing Inks, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Solvents Market for Pharmaceuticals, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Solvents Market for Adhesives and Cosmetics, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. Global Solvents Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 18. Global Solvents Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 19: North America Solvents Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 20. North America Solvents Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21: North America Solvents Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 22. U.S. Solvents Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. U.S. Solvents Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 24. Canada Solvents Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 25. Canada Solvents Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 26. Mexico Solvents Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 27. Mexico Solvents Market Revenue, By End Users, 2016 – 2028 (USD Billion)
TABLE NO. 28. Drivers for the Solvents Market: Impact Analysis
TABLE NO. 29. Restraints for the Solvents Market: Impact Analysis
TABLE NO. 30. Major Buyers of Solvents  
TABLE NO. 31. Distributors/Traders List of Solvents 
TABLE NO. 32. Global Solvents Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 33: Global Solvents Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   
 

Methodology

FrequentlyAsked Questions

The global Solvents Market was valued at USD 25.76 Billion in 2023.

The global Solvents Market is expected to reach USD 42.5 Billion by 2032, growing at a CAGR of 5.72% between 2024 to 2032.  

Some of the key factors driving the global Solvents Market growth are Increasing Requirement For Solvents For Different Applications, and Developing automotive and pharma sectors all over the world.

 

Asia Pacific ruled the global solvents market in 2023 and it is also expected to be the quickest developing market in the years to come. Up-and-coming markets in Asia-Pacific are expected to offer the great scope to the key players in the global solvents market in the years to come. Asia Pacific was chased by North America and Europe for the global solvents market in the same year. These both regions are mature areas for global solvents market. Hence, they are anticipated to see a stagnant development for the global solvents market in the years to come.  

Some of the major players of global Solvents market includes Dow Chemical Company, Sasol Solvents, BASF SE, Celanese Corporation, Maruzen Petrochemical, Ashland Inc., Honeywell International Inc., Eastman Chemical Company, Ineos A.G., Exxon Mobil Corporation, Shell Chemical, and Solvay Chemicals among others.

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