Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Solvents Market by Type (Hydrocarbons, Acids, Esters, Glycols, Aromatics, Alcohols, Ketones, Ethers, Others), By Application (Dissolution Agent, Pharmaceuticals & Cosmetics, Paints & Coating, Cleaning & Degreasing Product, Printing Products, Adhesives, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Solvents Market by Type (Hydrocarbons, Acids, Esters, Glycols, Aromatics, Alcohols, Ketones, Ethers, Others), By Application (Dissolution Agent, Pharmaceuticals & Cosmetics, Paints & Coating, Cleaning & Degreasing Product, Printing Products, Adhesives, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143887 3300 Chemical & Material 377 249 Pages 4.9 (46)
                                          

The global industrial solvents market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for solvents in various industries such as pharmaceuticals and cosmetics, paints and coating, cleaning and degreasing products, printing products, adhesives etc, which are driving the demand for solvents globally. The global industrial solvents market is segmented on the basis of type into hydrocarbons, acids, esters, glycols, aromatics (including benzene), alcohols (including methanol), ketones (including acetone) and ethers; on the basis of application into dissolution agent (such as paint remover), pharmaceuticals & cosmetics (such as nail polish remover), paints & coating (such as lacquer thinner), cleaning & degreasing product (such as paint stripper) printing products such as inkjet printer ink cleaner) adhesives; on the basis of region into North America including US, Latin America including Brazil and Mexico Europe including Germany France Italy Spain Russia U.K.), Asia Pacific including China India Japan South Korea Australia New Zealand Middle East & Africa).

Some Of The Growth Factors Of This Market:

  1. Increasing demand for these products in emerging economies such as China and India is also expected to fuel the growth of this market over the forecast period (2017-2025).
  2. The increasing use of these products in various industries will lead to an increase in production levels which will result in an increased demand for industrial solvents over the forecast period (2017-2025) 5) Increasing environmental concerns about hazardous chemicals used as substitutes for traditional solvents are also expected to drive this market during the forecast period (2017-2025).

Industry Growth Insights published a new data on “Industrial Solvents Market”. The research report is titled “Industrial Solvents Market research by Types (Hydrocarbons, Acids, Esters, Glycols, Aromatics, Alcohols, Ketones, Ethers, Others), By Applications (Dissolution Agent, Pharmaceuticals & Cosmetics, Paints & Coating, Cleaning & Degreasing Product, Printing Products, Adhesives, Others), By Players/Companies BASF, DowDuPont, Total, Exxon Mobil, Daicel Chemical Industries, Nippon Refine, Royal Dutch Shell, Sinopec, Petroleo Brasileiro, OXEA Chemicals, Lyondell Basell Industries, Arkema, BP”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Solvents Market Research Report

By Type

Hydrocarbons, Acids, Esters, Glycols, Aromatics, Alcohols, Ketones, Ethers, Others

By Application

Dissolution Agent, Pharmaceuticals & Cosmetics, Paints & Coating, Cleaning & Degreasing Product, Printing Products, Adhesives, Others

By Companies

BASF, DowDuPont, Total, Exxon Mobil, Daicel Chemical Industries, Nippon Refine, Royal Dutch Shell, Sinopec, Petroleo Brasileiro, OXEA Chemicals, Lyondell Basell Industries, Arkema, BP

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Industrial Solvents Industry Outlook


Global Industrial Solvents Market Report Segments:

The global Industrial Solvents market is segmented on the basis of:

Types

Hydrocarbons, Acids, Esters, Glycols, Aromatics, Alcohols, Ketones, Ethers, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Dissolution Agent, Pharmaceuticals & Cosmetics, Paints & Coating, Cleaning & Degreasing Product, Printing Products, Adhesives, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. BASF
  2. DowDuPont
  3. Total
  4. Exxon Mobil
  5. Daicel Chemical Industries
  6. Nippon Refine
  7. Royal Dutch Shell
  8. Sinopec
  9. Petroleo Brasileiro
  10. OXEA Chemicals
  11. Lyondell Basell Industries
  12. Arkema
  13. BP

Global Industrial Solvents Market Overview


Highlights of The Industrial Solvents Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hydrocarbons
    2. Acids
    3. Esters
    4. Glycols
    5. Aromatics
    6. Alcohols
    7. Ketones
    8. Ethers
    9. Others
  1. By Application:

    1. Dissolution Agent
    2. Pharmaceuticals & Cosmetics
    3. Paints & Coating
    4. Cleaning & Degreasing Product
    5. Printing Products
    6. Adhesives
    7. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Solvents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Industrial Solvents Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Industrial solvents are chemicals used in manufacturing and other industrial processes. They are often highly flammable, which can lead to accidents and injuries if they're mishandled.

Some of the major players in the industrial solvents market are BASF, DowDuPont, Total, Exxon Mobil, Daicel Chemical Industries, Nippon Refine, Royal Dutch Shell, Sinopec, Petroleo Brasileiro, OXEA Chemicals, Lyondell Basell Industries, Arkema, BP.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Industrial Solvents Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Industrial Solvents Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Industrial Solvents Market - Supply Chain
   4.5. Global Industrial Solvents Market Forecast
      4.5.1. Industrial Solvents Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Industrial Solvents Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Industrial Solvents Market Absolute $ Opportunity

5. Global Industrial Solvents Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Industrial Solvents Market Size and Volume Forecast by Type
      5.3.1. Hydrocarbons
      5.3.2. Acids
      5.3.3. Esters
      5.3.4. Glycols
      5.3.5. Aromatics
      5.3.6. Alcohols
      5.3.7. Ketones
      5.3.8. Ethers
      5.3.9. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Industrial Solvents Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Industrial Solvents Market Size and Volume Forecast by Application
      6.3.1. Dissolution Agent
      6.3.2. Pharmaceuticals & Cosmetics
      6.3.3. Paints & Coating
      6.3.4. Cleaning & Degreasing Product
      6.3.5. Printing Products
      6.3.6. Adhesives
      6.3.7. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Industrial Solvents Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Industrial Solvents Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Industrial Solvents Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Industrial Solvents Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Industrial Solvents Demand Share Forecast, 2019-2026

9. North America Industrial Solvents Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Industrial Solvents Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Industrial Solvents Market Size and Volume Forecast by Application
      9.4.1. Dissolution Agent
      9.4.2. Pharmaceuticals & Cosmetics
      9.4.3. Paints & Coating
      9.4.4. Cleaning & Degreasing Product
      9.4.5. Printing Products
      9.4.6. Adhesives
      9.4.7. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Industrial Solvents Market Size and Volume Forecast by Type
      9.7.1. Hydrocarbons
      9.7.2. Acids
      9.7.3. Esters
      9.7.4. Glycols
      9.7.5. Aromatics
      9.7.6. Alcohols
      9.7.7. Ketones
      9.7.8. Ethers
      9.7.9. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Industrial Solvents Demand Share Forecast, 2019-2026

10. Latin America Industrial Solvents Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Industrial Solvents Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Industrial Solvents Market Size and Volume Forecast by Application
      10.4.1. Dissolution Agent
      10.4.2. Pharmaceuticals & Cosmetics
      10.4.3. Paints & Coating
      10.4.4. Cleaning & Degreasing Product
      10.4.5. Printing Products
      10.4.6. Adhesives
      10.4.7. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Industrial Solvents Market Size and Volume Forecast by Type
      10.7.1. Hydrocarbons
      10.7.2. Acids
      10.7.3. Esters
      10.7.4. Glycols
      10.7.5. Aromatics
      10.7.6. Alcohols
      10.7.7. Ketones
      10.7.8. Ethers
      10.7.9. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Industrial Solvents Demand Share Forecast, 2019-2026

11. Europe Industrial Solvents Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Industrial Solvents Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Industrial Solvents Market Size and Volume Forecast by Application
      11.4.1. Dissolution Agent
      11.4.2. Pharmaceuticals & Cosmetics
      11.4.3. Paints & Coating
      11.4.4. Cleaning & Degreasing Product
      11.4.5. Printing Products
      11.4.6. Adhesives
      11.4.7. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Industrial Solvents Market Size and Volume Forecast by Type
      11.7.1. Hydrocarbons
      11.7.. Acids
      11.7.3. Esters
      11.7.4. Glycols
      11.7.5. Aromatics
      11.7.6. Alcohols
      11.7.7. Ketones
      11.7.8. Ethers
      11.7.9. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Industrial Solvents Demand Share, 2019-2026

12. Asia Pacific Industrial Solvents Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Industrial Solvents Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Industrial Solvents Market Size and Volume Forecast by Application
      12.4.1. Dissolution Agent
      12.4.2. Pharmaceuticals & Cosmetics
      12.4.3. Paints & Coating
      12.4.4. Cleaning & Degreasing Product
      12.4.5. Printing Products
      12.4.6. Adhesives
      12.4.7. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Industrial Solvents Market Size and Volume Forecast by Type
      12.7.1. Hydrocarbons
      12.7.2. Acids
      12.7.3. Esters
      12.7.4. Glycols
      12.7.5. Aromatics
      12.7.6. Alcohols
      12.7.7. Ketones
      12.7.8. Ethers
      12.7.9. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Industrial Solvents Demand Share, 2019-2026

13. Middle East & Africa Industrial Solvents Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Industrial Solvents Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Industrial Solvents Market Size and Volume Forecast by Application
      13.4.1. Dissolution Agent
      13.4.2. Pharmaceuticals & Cosmetics
      13.4.3. Paints & Coating
      13.4.4. Cleaning & Degreasing Product
      13.4.5. Printing Products
      13.4.6. Adhesives
      13.4.7. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Industrial Solvents Market Size and Volume Forecast by Type
      13.7.1. Hydrocarbons
      13.7.2. Acids
      13.7.3. Esters
      13.7.4. Glycols
      13.7.5. Aromatics
      13.7.6. Alcohols
      13.7.7. Ketones
      13.7.8. Ethers
      13.7.9. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Industrial Solvents Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Industrial Solvents Market: Market Share Analysis
   14.2. Industrial Solvents Distributors and Customers
   14.3. Industrial Solvents Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. DowDuPont
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Total
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Exxon Mobil
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Daicel Chemical Industries
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Nippon Refine
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Royal Dutch Shell
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Sinopec
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Petroleo Brasileiro
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. OXEA Chemicals
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Lyondell Basell Industries
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Arkema
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. BP
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
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