Oxygenated Solvents Market Size, Share & Growth Report 2032
Oxygenated Solvents Market by Type (Alcohols, Esters, Ketones, Glycol Ethers, Glycol, and Bio & Green Solvents) and by Application (Paints & Coatings, Crop Protection, Pharmaceuticals, Cleaners, Personal Care, Lubricants, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 35.19 Billion | USD 68.60 Billion | 7.70% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter2. Executive Summary
- 2.1. Oxygenated Solvents Market, 2024 - 2032, (Kilotons) (USD Billion)
- 2.2. Oxygenated Solvents Market: Market Snapshot
- Chapter 3. Oxygenated Solvents Market- Industry Analysis
- 3.1. Oxygenated Solvents Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Growing Applications of Oxygenated Solvents
- 3.2.2. Increasing Environmental Regulations to Reduce VOCs
- 3.3. Opportunities
- 3.3.1. Growing Demand for Conventional Oxygenated Solvents in Emerging Economies
- 3.4. Restraints
- 3.4.1. Solvent Recycling Technology Affecting the Demand for New Solvents
- 3.5. Porter's Five Forces analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market Attractiveness Analysis by Type Segment
- 3.6.2. Market Attractiveness Analysis by Application Segment
- 3.6.3. Market Attractiveness Analysis by Regional Segment
- Chapter 4. Oxygenated Solvents Market- Competitive Landscape
- 4.1. Company Market Share Analysis, 2024 (Subject to Data Availability)
- 4.2. Strategic Developments
- 4.3. Acquisitions & Mergers
- 4.4. New Product Launch
- 4.5. Agreements, Partnerships, Collaborations, and Joint Ventures
- 4.6. Research and Development, and Regional Expansion
- Chapter 5. Global Oxygenated Solvents Market-Type Segment Analysis
- 5.1. Global Oxygenated Solvents Market Overview: by Type
- 5.1.1. Oxygenated Solvents Market Volume Share, by Type, 2024 and 2032
- 5.2. Alcohols
- 5.2.1. Global Oxygenated Solvents Market for Alcohols, 2024-2032(Kilotons) (USD Billion)
- 5.3. Esters
- 5.3.1. Global Oxygenated Solvents Market for Esters, 2024-2032 (Kilotons) (USD Billion)
- 5.4. Ketones
- 5.4.1. Global Oxygenated Solvents Market for Ketones, 2024-2032 (Kilotons) (USD Billion)
- 5.5. Glycol Ethers
- 5.5.1. Global Oxygenated Solvents Market for Glycol Ethers, 2024-2032 (Kilotons) (USD Billion)
- 5.6. Glycol
- 5.6.1. Global Oxygenated Solvents Market for Glycol, 2024-2032 (Kilotons) (USD Billion)
- 5.7. Bio and Green Solvent
- 5.7.1. Global Oxygenated Solvents Market for Bio and Green Solvent, 2024-2032 (Kilotons) (USD Billion)
- 5.1. Global Oxygenated Solvents Market Overview: by Type
- Chapter 6. Global Oxygenated Solvents Market - Application Segment Analysis
- 6.1. Global Oxygenated Solvents Market Overview: by Application
- 6.1.1. Oxygenated Solvents Market Volume Share, by Application, 2024 and 2032
- 6.2. Paints & Coatings
- 6.2.1. Oxygenated Solvents Market for Paints & Coatings, 2024-2032 (Kilotons) (USD Billion)
- 6.3. Crop Protection
- 6.3.1. Global Oxygenated Solvents Market for Crop Protection, 2024-2032 (Kilotons) (USD Billion)
- 6.4. Pharmaceuticals
- 6.4.1. Global Oxygenated Solvents Market for Pharmaceuticals, 2024-2032 (Kilotons) (USD Billion)
- 6.5. Cleaners
- 6.5.1. Oxygenated Solvents Market for Cleaners, 2024-2032 (Kilotons) (USD Billion)
- 6.6. Personal Care
- 6.6.1. Global Oxygenated Solvents Market for Personal Care, 2024-2032 (Kilotons) (USD Billion)
- 6.7. Lubricants
- 6.7.1. Global Oxygenated Solvents Market for Lubricants, 2024-2032 (Kilotons) (USD Billion)
- 6.8. Others
- 6.8.1. Global Oxygenated Solvents Market for Others, 2024-2032 (Kilotons) (USD Billion)
- 6.1. Global Oxygenated Solvents Market Overview: by Application
- Chapter 7. Global Oxygenated Solvents Market - Regional Analysis
- 7.1. Global Oxygenated Solvents Market Overview: by Region
- 7.1.1. Global Oxygenated Solvents Market Volume Share, by Region, 2024 and 2032
- 7.2. North America
- 7.2.1. North America Oxygenated Solvents Market, 2024 - 2032(Kilotons) (USD Billion)
- 7.2.2. North America Oxygenated Solvents Market Volume, by Type, 2024 - 2032(Kilotons)
- 7.2.3. North America Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.2.4. North America Oxygenated Solvents Market Volume, by Application, 2024 - 2032(Kilotons)
- 7.2.5. North America Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.2.6. The U.S.
- 7.2.6.1. The U.S. Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.2.6.2. The U.S. Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.2.6.3. The U.S. Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.2.6.4. The U.S. Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.3. Europe
- 7.3.1.1. Europe Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.3.1.2. Europe Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.3.1.3. Europe Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.3.1.4. Europe Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.3.2.2. UK Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.3.2.3. UK Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.3.2.4. UK Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.3.3. France
- 7.3.3.1. France Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.3.3.2. France Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.3.3.3. France Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.3.3.4. France Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.3.4. Germany
- 7.3.4.1. Germany Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.3.4.2. Germany Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.3.4.3. Germany Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.3.4.4. Germany Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Oxygenated Solvents Market, 2024 - 2032(Kilotons) (USD Billion)
- 7.4.2. Asia Pacific Oxygenated Solvents Market Volume, by Type, 2024 - 2032(Kilotons)
- 7.4.3. Asia Pacific Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.4.4. Asia Pacific Oxygenated Solvents Market Volume, by Application, 2024 - 2032(Kilotons)
- 7.4.5. Asia Pacific Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.4.6. China
- 7.4.6.1. China Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.4.6.2. China Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.4.6.3. China Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.4.6.4. China Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.4.7. Japan
- 7.4.7.1. Japan Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.4.7.2. Japan Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.4.7.3. Japan Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.4.7.4. Japan Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.4.8. India
- 7.4.8.1. India Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.4.8.2. India Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.4.8.3. India Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.4.8.4. India Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Oxygenated Solvents Market, 2024 - 2032(Kilotons) (USD Billion)
- 7.5.2. Latin America Oxygenated Solvents Market Volume, by Type, 2024 - 2032(Kilotons)
- 7.5.3. Latin America Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.5.4. Latin America Oxygenated Solvents Market Volume, by Application, 2024 - 2032(Kilotons)
- 7.5.5. Latin America Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.5.6. Brazil
- 7.5.6.1. Brazil Oxygenated Solvents Market Volume, by Type, 2024 - 2032 (Kilotons)
- 7.5.6.2. Brazil Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.5.6.3. Brazil Oxygenated Solvents Market Volume, by Application, 2024 - 2032 (Kilotons)
- 7.5.6.4. Brazil Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.6. The Middle East and Africa
- 7.6.1. The Middle East and Africa Oxygenated Solvents Market, 2024 - 2032(Kilotons) (USD Billion)
- 7.6.2. The Middle East and Africa Oxygenated Solvents Market Volume, by Type, 2024 - 2032(Kilotons)
- 7.6.3. The Middle East and Africa Oxygenated Solvents Market Revenue, by Type, 2024 - 2032 (USD Billion)
- 7.6.4. The Middle East and Africa Oxygenated Solvents Market Volume, by Application, 2024 - 2032(Kilotons)
- 7.6.5. The Middle East and Africa Oxygenated Solvents Market Revenue, by Application, 2024 - 2032 (USD Billion)
- 7.1. Global Oxygenated Solvents Market Overview: by Region
- Chapter 8. Company Profiles
- 8.1. BASF SE
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. The Dow Chemical Company
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Developments
- 8.3. Oxea GmbH
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Developments
- 8.4. Eastman Chemical Company
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Development
- 8.5. LyondellBasell Industries N.V.
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Developments
- 8.6. Royal Dutch Shell PLC
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Developments
- 8.7. ExxonMobil
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Developments
- 8.8. INEOS
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategy
- 8.8.5. Recent Developments
- 8.9. China Petroleum & Chemical Corporation (Sinopec)
- 8.9.1. Overview
- 8.9.2. Financials
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategy
- 8.9.5. Recent Developments
- 8.10. Petroliam Nasional Berhad (PETRONAS)
- 8.10.1. Overview
- 8.10.2. Financials
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategy
- 8.10.5. Recent Developments
- 8.1. BASF SE
Table Of Figures
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global Oxygenated Solvents Market, 2024 - 2032(Kilotons)(USD Billion)
4. Porter’s Five Forces Analysis: Controlled Oxygenated Solvents Market
5. Global Oxygenated Solvents Market Attractiveness, by Type
6. Global Oxygenated Solvents Market Attractiveness, by Application
7. Global Oxygenated Solvents Market Attractiveness, by Region
8. Global Oxygenated Solvents Market Volume Share, by Type, 2024 & 2032
9. Global Oxygenated Solvents Market Volume Share, by Application, 2024 & 2032
10. Global Oxygenated Solvents Market for Alcohols,2024-2032(Kilotons) (USD Billion)
11. Global Oxygenated Solvents Market for Esters, 2024 - 2032(Kilotons) (USD Billion)
12. Global Oxygenated Solvents Market for Ketones, 2024 - 2032(Kilotons) (USD Billion)
13. Global Oxygenated Solvents Market for Glycol Ethers, 2024 - 2032 (Kilotons) (USD Billion)
14. Global Oxygenated Solvents Market for Glycol, 2024 - 2032 (Kilotons) (USD Billion)
15. Global Oxygenated Solvents Market for Bio and Green Solvent, 2024 - 2032 (Kilotons) (USD Billion)
16. Global Oxygenated Solvents Market for Paints and Coatings, 2024 - 2032 (Kilotons) (USD Billion)
17. Global Oxygenated Solvents Market for Crop Protection, 2024 - 2032 (Kilotons) (USD Billion)
18. Global Oxygenated Solvents Market for Pharmaceuticals, 2024 - 2032 (Kilotons) (USD Billion)
19. Global Oxygenated Solvents Market for Cleaners, 2024 - 2032 (Kilotons) (USD Billion)
20. Global Oxygenated Solvents Market for Personal Care, 2024 - 2032 (Kilotons) (USD Billion)
21. Global Oxygenated Solvents Market Volume Share, by Region, 2024&2032
22. North America Oxygenated Solvents Market, 2024 - 2032(Kilotons)(USD Billion)
23. Europe Oxygenated Solvents Market, 2024 - 2032(Kilotons)(USD Billion)
24. Asia Pacific Oxygenated Solvents Market, 2024 –2032(Kilotons)(USD Billion)
25. Latin America Oxygenated Solvents Market, 2024-2032(Kilotons)(USD Billion)
26. The Middle East and Africa Oxygenated Solvents Market, 2024 – 2032(Kilotons)(USD Billion)
Table Of Tables
List of Tables
1. Global Oxygenated Solvents Market: Snapshot
2. Drivers for Oxygenated Solvents Market: Impact Analysis
3. Restraints of Oxygenated Solvents Market: Impact Analysis
4. North America Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
5. North America Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
6. North America Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
7. North America Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
8. The U.S. Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
9. The U.S. Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
10. The U.S. Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
11. The U.S. Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
12. Europe Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
13. Europe Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
14. Europe Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
15. Europe Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
16. UK Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
17. UK Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
18. UK Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
19. UK Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
20. France Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
21. France Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
22. France Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
23. France Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
24. Germany Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
25. Germany Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
26. Germany Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
27. Germany Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
28. Asia Pacific Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
29. Asia Pacific Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
30. Asia Pacific Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
31. Asia Pacific Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
32. China Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
33. China Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
34. China Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
35. China Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
36. Japan Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
37. Japan Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
38. Japan Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
39. Japan Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
40. India Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
41. India Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
42. India Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
43. India Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
44. Latin America Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
45. Latin America Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
46. Latin America Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
47. Latin America Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
48. Brazil Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
49. Brazil Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
50. Brazil Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
51. Brazil Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
52. The Middle East and Africa Oxygenated Solvents Market Volume, by Type, 2024 – 2032 (Kilotons)
53. The Middle East and Africa Oxygenated Solvents Market Revenue, by Type, 2024 – 2032 (USD Billion)
54. The Middle East and Africa Oxygenated Solvents Market Volume, by Application, 2024 – 2032 (Kilotons)
55. The Middle East and Africa Oxygenated Solvents Market Revenue, by Application, 2024 – 2032 (USD Billion)
Methodology
FrequentlyAsked Questions
Oxygenated solvents are created through distillation of components to achieve a harmonious and consistent blend of various end-product elements. The solvents are primarily organic and consist of oxygen-containing molecules.
According to a study, the global oxygenated solvents market size was worth around USD 35.19 billion in 2023 and is expected to reach USD 68.60 billion by 2032.
The global oxygenated solvents market is expected to grow at a CAGR of 7.70% during the forecast period.
Asia Pacific is expected to dominate the oxygenated solvents market over the forecast period.
Leading players in the global oxygenated solvents market include BASF SE, The Dow Chemical Company, OXEA GmbH, Eastman Chemical Company, LyondellBasell Industries N.V., Royal Dutch Shell PLC, ExxonMobil, INEOS, China Petroleum & Chemical Corporation (Sinopec), and Petroleum Nasional Berhad (PETRONAS), among others.
The oxygenated solvents market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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