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Solvents Global Market Report 2025
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Global Solvents Market Report 2025

Report Price : $4490.00

Pages :

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Solvents Global Market Report 2025

By Type (Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, Other Types), By Category (Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solvents, Other Categories), By Source (Bio-Based Solvents, Petrochemicals-Based Solvents), By Application (Adhesives, Paints And Coatings, Personal Care, Pharmaceuticals, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Solvents Market Overview

• Solvents market size has reached to $32.32 billion in 2024

• Expected to grow to $42.01 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%

• Growth Driver: Surging Demand For Personal Care Products Fuels Growth In The Solvents Market

• Market Trend: Solvay Introduces A Next-Generation Green Solvent

• Asia-Pacific was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Solvents Market?

A solvent is a liquid that may dissolve or disperse one or more other compounds. A variety of solvents are used as chemical intermediates, fuels, and components in a wide range of products. They can also make paint, ink, coatings, home cleansers, spot removers, adhesives, nail polish removers, automotive goods, and other products.

The main types of solvents are alcohols, hydrocarbons, ketones, esters, chlorinated, and others. Alcohol refers to a class of organic compounds defined by the presence of one or more hydroxyl (OH) groups connected to an alkyl group's carbon atom (hydrocarbon chain). An alcohol solvent such as ethanol is used to dissolve many insoluble organic compounds in water. It is found in a variety of fragrances and cosmetics. The various categories are oxygenated solvents, hydrocarbon solvents, halogenated solvents, and others and sources of these solvents are bio-based solvents and petrochemicals-based solvents. The applications of solvents are adhesives, paints and coatings, personal care, pharmaceuticals, and others.

Solvents Market Size and growth rate 2025 to 2029: Graph

What Is The Solvents Market Size 2025 And Growth Rate?

The solvents market size has grown steadily in recent years. It will grow from $32.32 billion in 2024 to $33.39 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to the industrial revolution, chemical synthesis advancements, paints and coatings development, petrochemical industry growth, and print and ink industry

What Is The Solvents Market Growth Forecast?

The solvents market size is expected to see strong growth in the next few years. It will grow to $42.01 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to regulatory compliance, bio-based solvents, green chemistry initiatives, circular economy integration, and pharmaceutical industry growth. Major trends in the forecast period include VOC reduction, high-performance solvents, nano-solvents development, digitalization in solvent management, transparency, and traceability.

The forecast of 5.9% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US by increasing expenses for pharmaceuticals and paints, as acetone and toluene imports from South Korea and Singapore face tariffs.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Chemicals Industry?

The intensifying U.S. tariffs and escalating trade tensions in spring 2025 are expected to have a significant impact on the chemicals sector, which is bearing a disproportionate burden, particularly from tariffs on petrochemicals and intermediates, where affordable domestic substitutes are often unavailable. Producers of specialty chemicals, heavily dependent on Chinese raw materials, are experiencing production disruptions. At the same time, fertilizer manufacturers are seeing profit margins eroded due to tariffs on phosphate imports. In response, companies are ramping up R&D into bio-based alternatives, forming procurement alliances to consolidate buying power, and shifting production to tariff-neutral nations such as Saudi Arabia.

How Is The Solvents Market Segmented?

1) By Type: Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, Other Types

2) By Category: Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solvents, Other Categories

3) By Source: Bio-Based Solvents, Petrochemicals-Based Solvents

4) By Application: Adhesives, Paints And Coatings, Personal Care, Pharmaceuticals, Other Applications

Subsegments:

1) By Alcohols: Ethanol, Isopropanol, Methanol, Butanol, Other Alcohols

2) By Hydrocarbons: Aliphatic Hydrocarbons, Aromatic Hydrocarbons, Cycloaliphatic Hydrocarbons

3) By Ketones: Acetone, Methyl Ethyl Ketone (MEK), Other Ketones

4) By Esters: Ethyl Acetate, Butyl Acetate, Other Esters

5) By Chlorinated: Methylene Chloride, Chloroform, Other Chlorinated Solvents

6) By Other Types: Glycols, Ether Solvents, Specialty Solvents

What Is Driving The Solvents Market? Surging Demand For Personal Care Products Fuels Growth In The Solvents Market

Rising demand for personal care products is expected to propel the growth of the solvents market going forward. Personal care products are a grouping of traditional family chemical compounds that are used for health, beauty, and hygiene. Personal care items included fancy cosmetics, skin care products, hair care products, cleaning products, and perfumes. Solvents are a key component of skin care products since they are used to dissolve certain components, thereby improving functionality, texture, and sensory qualities. For instance, in September 2023, according to the Bureau of Labor Statistics, a US-based government agency, the average consumer expenditure on personal care products increased by 12.3 percent, which was $866 in 2022, up from $771 in 2021. Therefore, the rising demand for personal care products is driving the growth of the solvents industry.

What Is Driving The Solvents Market? Solvents Market Soars Amidst Rising Demand In Cosmetics Industry

The increasing use of cosmetics is expected to propel the growth of the solvents market. Cosmetics refer to a diverse range of products applied to the body, face, hair, or nails to enhance or alter appearance. Cosmetics use solvents to dissolve and disperse various ingredients, facilitating the formulation of products with desirable textures and application properties. Solvents enhance the stability, spreadability, and shelf life of cosmetic formulations, contributing to a pleasant sensory experience for consumers while aiding in the effective delivery of active ingredients. For instance, in 2023, according to the Cosmetic Toiletry & Perfumery Association (CTPA), a UK-based trade association in 2022, the color cosmetics sector sold 118,178 units, which increased to 123,056 units in 2023, reflecting a growth of approximately 4.1%. Similarly, the skincare sector experienced a rise from 456,401 units sold in 2022 to 460,868 units in 2023, marking a growth of around 1.0%. Therefore, the increasing use of cosmetics is driving the growth of the solvents industry.

Who Are The Major Players In The Global Solvents Market?

Major companies operating in the solvents market include China Petroleum and Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell Plc., Marathon Petroleum Corporation, Valero Energy Corporation, PJSC Lukoil Oil Company, Reliance Industries Limited, Mitsui Chemicals Inc., BASF SE, Dow Jones Industrial, Sabic, LyondellBasell Industries Holdings B.V, Henkel AG and Co. KGaA, Toray Industries Inc., INEOS Group Limited, Westlake Corporation, Solvay SA, International Flavors and Fragrances Inc., Akzo Nobel NV, Arkema SA, Eastman Chemical Company, Daicel Corporation, Celanese Corporation, Wacker Chemie AG, Huntsman International LLC., Givaudan, Lonza Group AG, Clariant AG, Ashland Global Holdings Inc., Hengyi Industries Sdn Bhd

What Are The Key Trends Of The Global Solvents Market? Solvay Introduces A Next-Generation Green Solvent

Product innovation is the key trend gaining popularity in the solvent market. Companies operating in the solvent industry are adopting new technologies to sustain their position in the market. For instance, in April 2022, Solvay S.A., a Belgium-based manufacturer of chemicals, launched a new-generation solvent called Rhodiasolv IRIS. It is biodegradable, non-flammable, mutagenic, low-volatile, and reprotoxic. It is utilized in a variety of applications, including phytosanitary product formulation, paint peeling, graffiti and resin removal, industrial cleaning, and agrochemistry. Rhodiasolv IRIS, for instance, permits the adoption of a unique production technique that recycles a previously burned byproduct of its polyamide chain. This method optimizes the utilization of petrochemical resources while minimizing environmental effects. It is a crucial component in the Rhodiasolv line of green solvents that aid in the shift to more ecologically friendly agriculture.

What Are The Key Trends Of The Global Solvents Market? Pioneering The Solvents Market With Sustainable Ultra-Pure Solvents From Recycled Materials

Major companies operating in the solvent market are focusing on developing sustainable products such as sustainable ultra-pure solvents to demonstrate the feasibility of producing high-quality solvents from recycled materials. A sustainable ultra-pure solvent is not only of high purity but also produced in an environmentally friendly and sustainable manner. For instance, in January 2023, Clariter, a Luxembourg-based cleantech company, and TotalEnergies Fluids, a France-based energy and petroleum company, introduced a sustainable ultra-pure solvent made from plastic waste. Ultra-pure solvents are used in pharmaceuticals, cosmetics, and other highly demanding markets that require safe, colorless, odorless, and tasteless products that meet the highest pharmacopoeia-standard purity criteria.

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Solvents Market Merger And Acquisition: Ineos Phenol Acquires Mitsui Phenol For Enhanced Production CapabilitiEs

In April 2023, INEOS Phenol, a Switzerland-based manufacturer of Phenol and Acetone, acquired Mitsui Phenol Singapore Co. Ltd. business from Mitsui Chemicals Inc. for $330 million. With this acquisition, INEOS aims to enhance its production capabilities by adding over 1 million tonnes of production capacity annually, which includes significant outputs of cumene, phenol, acetone, alpha-methyl styrene, and bisphenol. Mitsui Phenol Singapore Co. Ltd. is a Singapore-based chemical company that provides solvents.

Regional Outlook For The Global Solvents Market

Asia-Pacific was the largest region in the solvents market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Solvents Market?

The solvents market consists of sales of organic solvents, inorganic solvents, protic solvents, and aprotic solvents. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Solvents Industry?

The solvents market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the solvents industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Solvents Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $33.39 billion
Revenue Forecast In 2034 $42.01 billion
Growth Rate CAGR of 5.9% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, Other Types
2) By Category: Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solvents, Other Categories
3) By Source: Bio-Based Solvents, Petrochemicals-Based Solvents
4) By Application: Adhesives, Paints And Coatings, Personal Care, Pharmaceuticals, Other Applications Subsegments: 1) By Alcohols: Ethanol, Isopropanol, Methanol, Butanol, Other Alcohols
2) By Hydrocarbons: Aliphatic Hydrocarbons, Aromatic Hydrocarbons, Cycloaliphatic Hydrocarbons
3) By Ketones: Acetone, Methyl Ethyl Ketone (MEK), Other Ketones
4) By Esters: Ethyl Acetate, Butyl Acetate, Other Esters
5) By Chlorinated: Methylene Chloride, Chloroform, Other Chlorinated Solvents 6) By Other Types: Glycols, Ether Solvents, Specialty Solvents
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled China Petroleum and Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell Plc., Marathon Petroleum Corporation, Valero Energy Corporation, PJSC Lukoil Oil Company, Reliance Industries Limited, Mitsui Chemicals Inc., BASF SE, Dow Jones Industrial, Sabic, LyondellBasell Industries Holdings B.V, Henkel AG and Co. KGaA, Toray Industries Inc., INEOS Group Limited, Westlake Corporation, Solvay SA, International Flavors and Fragrances Inc., Akzo Nobel NV, Arkema SA, Eastman Chemical Company, Daicel Corporation, Celanese Corporation, Wacker Chemie AG, Huntsman International LLC., Givaudan, Lonza Group AG, Clariant AG, Ashland Global Holdings Inc., Hengyi Industries Sdn Bhd
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Table Of Contents

1. Executive Summary

2. Solvents Market Characteristics

3. Solvents Market Trends And Strategies

4. Solvents Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Solvents Growth Analysis And Strategic Analysis Framework

5.1. Global Solvents PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Solvents Market Growth Rate Analysis

5.4. Global Solvents Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Solvents Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Solvents Total Addressable Market (TAM)

6. Solvents Market Segmentation

6.1. Global Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Alcohols

Hydrocarbons

Ketones

Esters

Chlorinated

Other Types

6.2. Global Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Oxygenated Solvents

Hydrocarbon Solvents

Halogenated Solvents

Other Categories

6.3. Global Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Bio-Based Solvents

Petrochemicals-Based Solvents

6.4. Global Solvents Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Adhesives

Paints And Coatings

Personal Care

Pharmaceuticals

Other Applications

6.5. Global Solvents Market, Sub-Segmentation Of Alcohols, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Ethanol

Isopropanol

Methanol

Butanol

Other Alcohols

6.6. Global Solvents Market, Sub-Segmentation Of Hydrocarbons, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Aliphatic Hydrocarbons

Aromatic Hydrocarbons

Cycloaliphatic Hydrocarbons

6.7. Global Solvents Market, Sub-Segmentation Of Ketones, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Acetone

Methyl Ethyl Ketone (MEK)

Other Ketones

6.8. Global Solvents Market, Sub-Segmentation Of Esters, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Ethyl Acetate

Butyl Acetate

Other Esters

6.9. Global Solvents Market, Sub-Segmentation Of Chlorinated, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Methylene Chloride

Chloroform

Other Chlorinated Solvents

6.10. Global Solvents Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Glycols

Ether Solvents

Specialty Solvents

7. Solvents Market Regional And Country Analysis

7.1. Global Solvents Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Solvents Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Solvents Market

8.1. Asia-Pacific Solvents Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Solvents Market

9.1. China Solvents Market Overview

9.2. China Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Solvents Market

10.1. India Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Solvents Market

11.1. Japan Solvents Market Overview

11.2. Japan Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Solvents Market

12.1. Australia Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Solvents Market

13.1. Indonesia Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Solvents Market

14.1. South Korea Solvents Market Overview

14.2. South Korea Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Solvents Market

15.1. Western Europe Solvents Market Overview

15.2. Western Europe Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Solvents Market

16.1. UK Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Solvents Market

17.1. Germany Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Solvents Market

18.1. France Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Solvents Market

19.1. Italy Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Solvents Market

20.1. Spain Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Solvents Market

21.1. Eastern Europe Solvents Market Overview

21.2. Eastern Europe Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Solvents Market

22.1. Russia Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Solvents Market

23.1. North America Solvents Market Overview

23.2. North America Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Solvents Market

24.1. USA Solvents Market Overview

24.2. USA Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Solvents Market

25.1. Canada Solvents Market Overview

25.2. Canada Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Solvents Market

26.1. South America Solvents Market Overview

26.2. South America Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Solvents Market

27.1. Brazil Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Solvents Market

28.1. Middle East Solvents Market Overview

28.2. Middle East Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Solvents Market

29.1. Africa Solvents Market Overview

29.2. Africa Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Solvents Market Competitive Landscape And Company Profiles

30.1. Solvents Market Competitive Landscape

30.2. Solvents Market Company Profiles

30.2.1. China Petroleum and Chemical Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Exxon Mobil Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Royal Dutch Shell Plc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Marathon Petroleum Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Valero Energy Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Solvents Market Other Major And Innovative Companies

31.1. PJSC Lukoil Oil Company

31.2. Reliance Industries Limited

31.3. Mitsui Chemicals Inc.

31.4. BASF SE

31.5. Dow Jones Industrial

31.6. Sabic

31.7. LyondellBasell Industries Holdings B.V

31.8. Henkel AG and Co. KGaA

31.9. Toray Industries Inc.

31.10. INEOS Group Limited

31.11. Westlake Corporation

31.12. Solvay SA

31.13. International Flavors and Fragrances Inc.

31.14. Akzo Nobel NV

31.15. Arkema SA

32. Global Solvents Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Solvents Market

34. Recent Developments In The Solvents Market

35. Solvents Market High Potential Countries, Segments and Strategies

35.1 Solvents Market In 2029 - Countries Offering Most New Opportunities

35.2 Solvents Market In 2029 - Segments Offering Most New Opportunities

35.3 Solvents Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Solvents Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Solvents Market, Sub-Segmentation Of Alcohols, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Solvents Market, Sub-Segmentation Of Hydrocarbons, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Solvents Market, Sub-Segmentation Of Ketones, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Solvents Market, Sub-Segmentation Of Esters, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Solvents Market, Sub-Segmentation Of Chlorinated, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Solvents Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Solvents Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Global Solvents Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Asia-Pacific, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: China, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: India, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Japan, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Australia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Indonesia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: South Korea, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Western Europe, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: UK, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Germany, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: France, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Italy, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Spain, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Eastern Europe, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: Russia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: North America, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: USA, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Canada, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: South America, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Brazil, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Middle East, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Africa, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 81: China Petroleum and Chemical Corporation Financial Performance
  • Table 82: Exxon Mobil Corporation Financial Performance
  • Table 83: Royal Dutch Shell Plc. Financial Performance
  • Table 84: Marathon Petroleum Corporation Financial Performance
  • Table 85: Valero Energy Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Solvents Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Solvents Market, Sub-Segmentation Of Alcohols, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Solvents Market, Sub-Segmentation Of Hydrocarbons, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Solvents Market, Sub-Segmentation Of Ketones, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Solvents Market, Sub-Segmentation Of Esters, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Solvents Market, Sub-Segmentation Of Chlorinated, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Solvents Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Solvents Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Global Solvents Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Asia-Pacific, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: China, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: India, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Japan, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Australia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Indonesia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: South Korea, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Western Europe, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: UK, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Germany, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: France, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Italy, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Spain, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Eastern Europe, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: Russia, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: North America, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: USA, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Canada, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: South America, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Brazil, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Middle East, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Solvents Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Solvents Market, Segmentation By Category, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Africa, Solvents Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 81: China Petroleum and Chemical Corporation Financial Performance
  • Figure 82: Exxon Mobil Corporation Financial Performance
  • Figure 83: Royal Dutch Shell Plc. Financial Performance
  • Figure 84: Marathon Petroleum Corporation Financial Performance
  • Figure 85: Valero Energy Corporation Financial Performance

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Frequently Asked Questions

A solvent is a liquid that may dissolve or disperse one or more other compounds. A variety of solvents are used as chemical intermediates, fuels, and components in a wide range of products. They can also make paint, ink, coatings, home cleansers, spot removers, adhesives, nail polish removers, automotive goods, and other products. For further insights on this market, request a sample here

The market major growth driver - Surging Demand For Personal Care Products Fuels Growth In The Solvents Market. For further insights on this market, request a sample here

The solvents market size has grown steadily in recent years. It will grow from $32.32 billion in 2024 to $33.39 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to the industrial revolution, chemical synthesis advancements, paints and coatings development, petrochemical industry growth, and print and ink industry. The solvents market size is expected to see strong growth in the next few years. It will grow to $42.01 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to regulatory compliance, bio-based solvents, green chemistry initiatives, circular economy integration, and pharmaceutical industry growth. Major trends in the forecast period include VOC reduction, high-performance solvents, nano-solvents development, digitalization in solvent management, transparency, and traceability. For further insights on this market, request a sample here

The solventsmarket covered in this report is segmented –
1) By Type: Alcohols, Hydrocarbons, Ketones, Esters, Chlorinated, Other Types
2) By Category: Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solvents, Other Categories
3) By Source: Bio-Based Solvents, Petrochemicals-Based Solvents
4) By Application: Adhesives, Paints And Coatings, Personal Care, Pharmaceuticals, Other Applications Subsegments:
1) By Alcohols: Ethanol, Isopropanol, Methanol, Butanol, Other Alcohols
2) By Hydrocarbons: Aliphatic Hydrocarbons, Aromatic Hydrocarbons, Cycloaliphatic Hydrocarbons
3) By Ketones: Acetone, Methyl Ethyl Ketone (MEK), Other Ketones
4) By Esters: Ethyl Acetate, Butyl Acetate, Other Esters
5) By Chlorinated: Methylene Chloride, Chloroform, Other Chlorinated Solvents
6) By Other Types: Glycols, Ether Solvents, Specialty Solvents For further insights on this market, request a sample here

Asia-Pacific was the largest region in the solvents market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the solvents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the solvents market include China Petroleum and Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell Plc., Marathon Petroleum Corporation, Valero Energy Corporation, PJSC Lukoil Oil Company, Reliance Industries Limited, Mitsui Chemicals Inc., BASF SE, Dow Jones Industrial, Sabic, LyondellBasell Industries Holdings B.V, Henkel AG and Co. KGaA, Toray Industries Inc., INEOS Group Limited, Westlake Corporation, Solvay SA, International Flavors and Fragrances Inc., Akzo Nobel NV, Arkema SA, Eastman Chemical Company, Daicel Corporation, Celanese Corporation, Wacker Chemie AG, Huntsman International LLC., Givaudan, Lonza Group AG, Clariant AG, Ashland Global Holdings Inc., Hengyi Industries Sdn Bhd . For further insights on this market, request a sample here.

Major trends in this market include Solvay Introduces A Next-Generation Green Solvent. For further insights on this market, request a sample here.

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Global Solvents Market Report 2025

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