Solvents Comprehensive Study by Type (Alcohols, Ketones, Esters, Glycol Ethers, Aromatic, Aliphatic), Application (Paints & Coatings, Polymer Manufacturing, Printing Inks), Industry Verticals (Engineering, Construction, Chemicals, Printing, Rubber, Plastics, Footwear, Textiles, Foodstuff, Woodworking, Others), Source (Petrochemical-Based, Bio & Green) Players and Region - Global Market Outlook to 2030

Solvents Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 20.3%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Solvents Market Scope
Solvents are used to dissolve any substance and material. Solvents are also used as chemical intermediates, fuels for a wide range of products. It is used in various industries such as engineering, construction, chemicals, printing, and others. Generally, solvents are available in various products including cleaning and degreasing materials, paint removers, inks, and inks removers, and others.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
Key Companies ProfiledRoyal Dutch Shell Plc (Netherlands), Eastman Chemical Company (United States), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (United States), BASF SE (Germany), Huntsman Corporation (United States), ExxonMobil Corporation (United States), Celanese Corporation (United States), Honeywell International Inc. (United States) and INEOS AG (Switzerland)
CAGR20.3%


There are various market-leading players are expanding their market in new geographic regions by adopting various business growth strategies such as mergers & acquisitions, expansions, investments, new solution launches, and others. Key market-leading is exploring new areas through expansions and acquisitions across the globe to avail competitive benefits through combined initiatives. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Solvents market throughout the predicted period.

Royal Dutch Shell Plc (Netherlands), Eastman Chemical Company (United States), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (United States), BASF SE (Germany), Huntsman Corporation (United States), ExxonMobil Corporation (United States), Celanese Corporation (United States), Honeywell International Inc. (United States) and INEOS AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are HERZA Schokolade GmbH& Co. KG (Germany) and Indena S.p.A. (Italy).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Solvents market by Type , by Application (Paints & Coatings, Polymer Manufacturing and Printing Inks) and Region with country level break-up.

On the basis of geography, the market of Solvents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2023.

In Oct 2020, Solvay announced the inauguration of its second plant for the manufacturing of its sustainable solvent Augeo. Through this initiative, the company enhances the development of bio-based solvents to caters to requirement in European and North American markets.


Influencing Trend:
Growing Demand from Healthcare Industry

Market Growth Drivers:
Rapid Growth in Requirement for Conventional Solvents from Various Sectors Personal Care, and Pharmaceutical Applications Amid Coronavirus Pandemic

Challenges:
The Rise in Concern Towards the Effects of Conventional Solvents and Increase in Issues of Flammable Solvents

Restraints:
Industries Unstable Focus to Green Solvents and Stringent Government Regulatory Environment Related to Conventional Solvents

Opportunities:
High Growth in Demand for Solvents from Paints & Coatings Sector and The Emergence of Bio-Derived Organic Solvents

Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Solvents Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries

Report Objectives / Segmentation Covered

By Type
  • Alcohols
  • Ketones
  • Esters
  • Glycol Ethers
  • Aromatic
  • Aliphatic
By Application
  • Paints & Coatings
  • Polymer Manufacturing
  • Printing Inks
By Industry Verticals
  • Engineering
  • Construction
  • Chemicals
  • Printing
  • Rubber
  • Plastics
  • Footwear
  • Textiles
  • Foodstuff
  • Woodworking
  • Others

By Source
  • Petrochemical-Based
  • Bio & Green

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rapid Growth in Requirement for Conventional Solvents from Various Sectors Personal Care, and Pharmaceutical Applications Amid Coronavirus Pandemic
    • 3.3. Market Challenges
      • 3.3.1. The Rise in Concern Towards the Effects of Conventional Solvents
      • 3.3.2. Increase in Issues of Flammable Solvents
    • 3.4. Market Trends
      • 3.4.1. Growing Demand from Healthcare Industry
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Solvents, by Type, Application, Industry Verticals, Source and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Solvents (Value)
      • 5.2.1. Global Solvents by: Type (Value)
        • 5.2.1.1. Alcohols
        • 5.2.1.2. Ketones
        • 5.2.1.3. Esters
        • 5.2.1.4. Glycol Ethers
        • 5.2.1.5. Aromatic
        • 5.2.1.6. Aliphatic
      • 5.2.2. Global Solvents by: Application (Value)
        • 5.2.2.1. Paints & Coatings
        • 5.2.2.2. Polymer Manufacturing
        • 5.2.2.3. Printing Inks
      • 5.2.3. Global Solvents by: Industry Verticals (Value)
        • 5.2.3.1. Engineering
        • 5.2.3.2. Construction
        • 5.2.3.3. Chemicals
        • 5.2.3.4. Printing
        • 5.2.3.5. Rubber
        • 5.2.3.6. Plastics
        • 5.2.3.7. Footwear
        • 5.2.3.8. Textiles
        • 5.2.3.9. Foodstuff
        • 5.2.3.10. Woodworking
        • 5.2.3.11. Others
      • 5.2.4. Global Solvents by: Source (Value)
        • 5.2.4.1. Petrochemical-Based
        • 5.2.4.2. Bio & Green
      • 5.2.5. Global Solvents Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
  • 6. Solvents: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Royal Dutch Shell Plc (Netherlands)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Eastman Chemical Company (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. LyondellBasell Industries Holdings B.V. (Netherlands)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Ashland Global Holdings Inc. (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. BASF SE (Germany)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Huntsman Corporation (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. ExxonMobil Corporation (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Celanese Corporation (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Honeywell International Inc. (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. INEOS AG (Switzerland)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Solvents Sale, by Type, Application, Industry Verticals, Source and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Solvents (Value)
      • 7.2.1. Global Solvents by: Type (Value)
        • 7.2.1.1. Alcohols
        • 7.2.1.2. Ketones
        • 7.2.1.3. Esters
        • 7.2.1.4. Glycol Ethers
        • 7.2.1.5. Aromatic
        • 7.2.1.6. Aliphatic
      • 7.2.2. Global Solvents by: Application (Value)
        • 7.2.2.1. Paints & Coatings
        • 7.2.2.2. Polymer Manufacturing
        • 7.2.2.3. Printing Inks
      • 7.2.3. Global Solvents by: Industry Verticals (Value)
        • 7.2.3.1. Engineering
        • 7.2.3.2. Construction
        • 7.2.3.3. Chemicals
        • 7.2.3.4. Printing
        • 7.2.3.5. Rubber
        • 7.2.3.6. Plastics
        • 7.2.3.7. Footwear
        • 7.2.3.8. Textiles
        • 7.2.3.9. Foodstuff
        • 7.2.3.10. Woodworking
        • 7.2.3.11. Others
      • 7.2.4. Global Solvents by: Source (Value)
        • 7.2.4.1. Petrochemical-Based
        • 7.2.4.2. Bio & Green
      • 7.2.5. Global Solvents Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Solvents: by Type(USD Million)
  • Table 2. Solvents Alcohols , by Region USD Million (2018-2023)
  • Table 3. Solvents Ketones , by Region USD Million (2018-2023)
  • Table 4. Solvents Esters , by Region USD Million (2018-2023)
  • Table 5. Solvents Glycol Ethers , by Region USD Million (2018-2023)
  • Table 6. Solvents Aromatic , by Region USD Million (2018-2023)
  • Table 7. Solvents Aliphatic , by Region USD Million (2018-2023)
  • Table 8. Solvents: by Application(USD Million)
  • Table 9. Solvents Paints & Coatings , by Region USD Million (2018-2023)
  • Table 10. Solvents Polymer Manufacturing , by Region USD Million (2018-2023)
  • Table 11. Solvents Printing Inks , by Region USD Million (2018-2023)
  • Table 12. Solvents: by Industry Verticals(USD Million)
  • Table 13. Solvents Engineering , by Region USD Million (2018-2023)
  • Table 14. Solvents Construction , by Region USD Million (2018-2023)
  • Table 15. Solvents Chemicals , by Region USD Million (2018-2023)
  • Table 16. Solvents Printing , by Region USD Million (2018-2023)
  • Table 17. Solvents Rubber , by Region USD Million (2018-2023)
  • Table 18. Solvents Plastics , by Region USD Million (2018-2023)
  • Table 19. Solvents Footwear , by Region USD Million (2018-2023)
  • Table 20. Solvents Textiles , by Region USD Million (2018-2023)
  • Table 21. Solvents Foodstuff , by Region USD Million (2018-2023)
  • Table 22. Solvents Woodworking , by Region USD Million (2018-2023)
  • Table 23. Solvents Others , by Region USD Million (2018-2023)
  • Table 24. Solvents: by Source(USD Million)
  • Table 25. Solvents Petrochemical-Based , by Region USD Million (2018-2023)
  • Table 26. Solvents Bio & Green , by Region USD Million (2018-2023)
  • Table 27. South America Solvents, by Country USD Million (2018-2023)
  • Table 28. South America Solvents, by Type USD Million (2018-2023)
  • Table 29. South America Solvents, by Application USD Million (2018-2023)
  • Table 30. South America Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 31. South America Solvents, by Source USD Million (2018-2023)
  • Table 32. Brazil Solvents, by Type USD Million (2018-2023)
  • Table 33. Brazil Solvents, by Application USD Million (2018-2023)
  • Table 34. Brazil Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 35. Brazil Solvents, by Source USD Million (2018-2023)
  • Table 36. Argentina Solvents, by Type USD Million (2018-2023)
  • Table 37. Argentina Solvents, by Application USD Million (2018-2023)
  • Table 38. Argentina Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 39. Argentina Solvents, by Source USD Million (2018-2023)
  • Table 40. Rest of South America Solvents, by Type USD Million (2018-2023)
  • Table 41. Rest of South America Solvents, by Application USD Million (2018-2023)
  • Table 42. Rest of South America Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 43. Rest of South America Solvents, by Source USD Million (2018-2023)
  • Table 44. Asia Pacific Solvents, by Country USD Million (2018-2023)
  • Table 45. Asia Pacific Solvents, by Type USD Million (2018-2023)
  • Table 46. Asia Pacific Solvents, by Application USD Million (2018-2023)
  • Table 47. Asia Pacific Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 48. Asia Pacific Solvents, by Source USD Million (2018-2023)
  • Table 49. China Solvents, by Type USD Million (2018-2023)
  • Table 50. China Solvents, by Application USD Million (2018-2023)
  • Table 51. China Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 52. China Solvents, by Source USD Million (2018-2023)
  • Table 53. Japan Solvents, by Type USD Million (2018-2023)
  • Table 54. Japan Solvents, by Application USD Million (2018-2023)
  • Table 55. Japan Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 56. Japan Solvents, by Source USD Million (2018-2023)
  • Table 57. India Solvents, by Type USD Million (2018-2023)
  • Table 58. India Solvents, by Application USD Million (2018-2023)
  • Table 59. India Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 60. India Solvents, by Source USD Million (2018-2023)
  • Table 61. South Korea Solvents, by Type USD Million (2018-2023)
  • Table 62. South Korea Solvents, by Application USD Million (2018-2023)
  • Table 63. South Korea Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 64. South Korea Solvents, by Source USD Million (2018-2023)
  • Table 65. Taiwan Solvents, by Type USD Million (2018-2023)
  • Table 66. Taiwan Solvents, by Application USD Million (2018-2023)
  • Table 67. Taiwan Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 68. Taiwan Solvents, by Source USD Million (2018-2023)
  • Table 69. Australia Solvents, by Type USD Million (2018-2023)
  • Table 70. Australia Solvents, by Application USD Million (2018-2023)
  • Table 71. Australia Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 72. Australia Solvents, by Source USD Million (2018-2023)
  • Table 73. Rest of Asia-Pacific Solvents, by Type USD Million (2018-2023)
  • Table 74. Rest of Asia-Pacific Solvents, by Application USD Million (2018-2023)
  • Table 75. Rest of Asia-Pacific Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 76. Rest of Asia-Pacific Solvents, by Source USD Million (2018-2023)
  • Table 77. Europe Solvents, by Country USD Million (2018-2023)
  • Table 78. Europe Solvents, by Type USD Million (2018-2023)
  • Table 79. Europe Solvents, by Application USD Million (2018-2023)
  • Table 80. Europe Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 81. Europe Solvents, by Source USD Million (2018-2023)
  • Table 82. Germany Solvents, by Type USD Million (2018-2023)
  • Table 83. Germany Solvents, by Application USD Million (2018-2023)
  • Table 84. Germany Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 85. Germany Solvents, by Source USD Million (2018-2023)
  • Table 86. France Solvents, by Type USD Million (2018-2023)
  • Table 87. France Solvents, by Application USD Million (2018-2023)
  • Table 88. France Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 89. France Solvents, by Source USD Million (2018-2023)
  • Table 90. Italy Solvents, by Type USD Million (2018-2023)
  • Table 91. Italy Solvents, by Application USD Million (2018-2023)
  • Table 92. Italy Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 93. Italy Solvents, by Source USD Million (2018-2023)
  • Table 94. United Kingdom Solvents, by Type USD Million (2018-2023)
  • Table 95. United Kingdom Solvents, by Application USD Million (2018-2023)
  • Table 96. United Kingdom Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 97. United Kingdom Solvents, by Source USD Million (2018-2023)
  • Table 98. Netherlands Solvents, by Type USD Million (2018-2023)
  • Table 99. Netherlands Solvents, by Application USD Million (2018-2023)
  • Table 100. Netherlands Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 101. Netherlands Solvents, by Source USD Million (2018-2023)
  • Table 102. Rest of Europe Solvents, by Type USD Million (2018-2023)
  • Table 103. Rest of Europe Solvents, by Application USD Million (2018-2023)
  • Table 104. Rest of Europe Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 105. Rest of Europe Solvents, by Source USD Million (2018-2023)
  • Table 106. MEA Solvents, by Country USD Million (2018-2023)
  • Table 107. MEA Solvents, by Type USD Million (2018-2023)
  • Table 108. MEA Solvents, by Application USD Million (2018-2023)
  • Table 109. MEA Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 110. MEA Solvents, by Source USD Million (2018-2023)
  • Table 111. Middle East Solvents, by Type USD Million (2018-2023)
  • Table 112. Middle East Solvents, by Application USD Million (2018-2023)
  • Table 113. Middle East Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 114. Middle East Solvents, by Source USD Million (2018-2023)
  • Table 115. Africa Solvents, by Type USD Million (2018-2023)
  • Table 116. Africa Solvents, by Application USD Million (2018-2023)
  • Table 117. Africa Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 118. Africa Solvents, by Source USD Million (2018-2023)
  • Table 119. North America Solvents, by Country USD Million (2018-2023)
  • Table 120. North America Solvents, by Type USD Million (2018-2023)
  • Table 121. North America Solvents, by Application USD Million (2018-2023)
  • Table 122. North America Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 123. North America Solvents, by Source USD Million (2018-2023)
  • Table 124. United States Solvents, by Type USD Million (2018-2023)
  • Table 125. United States Solvents, by Application USD Million (2018-2023)
  • Table 126. United States Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 127. United States Solvents, by Source USD Million (2018-2023)
  • Table 128. Canada Solvents, by Type USD Million (2018-2023)
  • Table 129. Canada Solvents, by Application USD Million (2018-2023)
  • Table 130. Canada Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 131. Canada Solvents, by Source USD Million (2018-2023)
  • Table 132. Mexico Solvents, by Type USD Million (2018-2023)
  • Table 133. Mexico Solvents, by Application USD Million (2018-2023)
  • Table 134. Mexico Solvents, by Industry Verticals USD Million (2018-2023)
  • Table 135. Mexico Solvents, by Source USD Million (2018-2023)
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Company Basic Information, Sales Area and Its Competitors
  • Table 139. Company Basic Information, Sales Area and Its Competitors
  • Table 140. Company Basic Information, Sales Area and Its Competitors
  • Table 141. Company Basic Information, Sales Area and Its Competitors
  • Table 142. Company Basic Information, Sales Area and Its Competitors
  • Table 143. Company Basic Information, Sales Area and Its Competitors
  • Table 144. Company Basic Information, Sales Area and Its Competitors
  • Table 145. Company Basic Information, Sales Area and Its Competitors
  • Table 146. Solvents: by Type(USD Million)
  • Table 147. Solvents Alcohols , by Region USD Million (2025-2030)
  • Table 148. Solvents Ketones , by Region USD Million (2025-2030)
  • Table 149. Solvents Esters , by Region USD Million (2025-2030)
  • Table 150. Solvents Glycol Ethers , by Region USD Million (2025-2030)
  • Table 151. Solvents Aromatic , by Region USD Million (2025-2030)
  • Table 152. Solvents Aliphatic , by Region USD Million (2025-2030)
  • Table 153. Solvents: by Application(USD Million)
  • Table 154. Solvents Paints & Coatings , by Region USD Million (2025-2030)
  • Table 155. Solvents Polymer Manufacturing , by Region USD Million (2025-2030)
  • Table 156. Solvents Printing Inks , by Region USD Million (2025-2030)
  • Table 157. Solvents: by Industry Verticals(USD Million)
  • Table 158. Solvents Engineering , by Region USD Million (2025-2030)
  • Table 159. Solvents Construction , by Region USD Million (2025-2030)
  • Table 160. Solvents Chemicals , by Region USD Million (2025-2030)
  • Table 161. Solvents Printing , by Region USD Million (2025-2030)
  • Table 162. Solvents Rubber , by Region USD Million (2025-2030)
  • Table 163. Solvents Plastics , by Region USD Million (2025-2030)
  • Table 164. Solvents Footwear , by Region USD Million (2025-2030)
  • Table 165. Solvents Textiles , by Region USD Million (2025-2030)
  • Table 166. Solvents Foodstuff , by Region USD Million (2025-2030)
  • Table 167. Solvents Woodworking , by Region USD Million (2025-2030)
  • Table 168. Solvents Others , by Region USD Million (2025-2030)
  • Table 169. Solvents: by Source(USD Million)
  • Table 170. Solvents Petrochemical-Based , by Region USD Million (2025-2030)
  • Table 171. Solvents Bio & Green , by Region USD Million (2025-2030)
  • Table 172. South America Solvents, by Country USD Million (2025-2030)
  • Table 173. South America Solvents, by Type USD Million (2025-2030)
  • Table 174. South America Solvents, by Application USD Million (2025-2030)
  • Table 175. South America Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 176. South America Solvents, by Source USD Million (2025-2030)
  • Table 177. Brazil Solvents, by Type USD Million (2025-2030)
  • Table 178. Brazil Solvents, by Application USD Million (2025-2030)
  • Table 179. Brazil Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 180. Brazil Solvents, by Source USD Million (2025-2030)
  • Table 181. Argentina Solvents, by Type USD Million (2025-2030)
  • Table 182. Argentina Solvents, by Application USD Million (2025-2030)
  • Table 183. Argentina Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 184. Argentina Solvents, by Source USD Million (2025-2030)
  • Table 185. Rest of South America Solvents, by Type USD Million (2025-2030)
  • Table 186. Rest of South America Solvents, by Application USD Million (2025-2030)
  • Table 187. Rest of South America Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 188. Rest of South America Solvents, by Source USD Million (2025-2030)
  • Table 189. Asia Pacific Solvents, by Country USD Million (2025-2030)
  • Table 190. Asia Pacific Solvents, by Type USD Million (2025-2030)
  • Table 191. Asia Pacific Solvents, by Application USD Million (2025-2030)
  • Table 192. Asia Pacific Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 193. Asia Pacific Solvents, by Source USD Million (2025-2030)
  • Table 194. China Solvents, by Type USD Million (2025-2030)
  • Table 195. China Solvents, by Application USD Million (2025-2030)
  • Table 196. China Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 197. China Solvents, by Source USD Million (2025-2030)
  • Table 198. Japan Solvents, by Type USD Million (2025-2030)
  • Table 199. Japan Solvents, by Application USD Million (2025-2030)
  • Table 200. Japan Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 201. Japan Solvents, by Source USD Million (2025-2030)
  • Table 202. India Solvents, by Type USD Million (2025-2030)
  • Table 203. India Solvents, by Application USD Million (2025-2030)
  • Table 204. India Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 205. India Solvents, by Source USD Million (2025-2030)
  • Table 206. South Korea Solvents, by Type USD Million (2025-2030)
  • Table 207. South Korea Solvents, by Application USD Million (2025-2030)
  • Table 208. South Korea Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 209. South Korea Solvents, by Source USD Million (2025-2030)
  • Table 210. Taiwan Solvents, by Type USD Million (2025-2030)
  • Table 211. Taiwan Solvents, by Application USD Million (2025-2030)
  • Table 212. Taiwan Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 213. Taiwan Solvents, by Source USD Million (2025-2030)
  • Table 214. Australia Solvents, by Type USD Million (2025-2030)
  • Table 215. Australia Solvents, by Application USD Million (2025-2030)
  • Table 216. Australia Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 217. Australia Solvents, by Source USD Million (2025-2030)
  • Table 218. Rest of Asia-Pacific Solvents, by Type USD Million (2025-2030)
  • Table 219. Rest of Asia-Pacific Solvents, by Application USD Million (2025-2030)
  • Table 220. Rest of Asia-Pacific Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 221. Rest of Asia-Pacific Solvents, by Source USD Million (2025-2030)
  • Table 222. Europe Solvents, by Country USD Million (2025-2030)
  • Table 223. Europe Solvents, by Type USD Million (2025-2030)
  • Table 224. Europe Solvents, by Application USD Million (2025-2030)
  • Table 225. Europe Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 226. Europe Solvents, by Source USD Million (2025-2030)
  • Table 227. Germany Solvents, by Type USD Million (2025-2030)
  • Table 228. Germany Solvents, by Application USD Million (2025-2030)
  • Table 229. Germany Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 230. Germany Solvents, by Source USD Million (2025-2030)
  • Table 231. France Solvents, by Type USD Million (2025-2030)
  • Table 232. France Solvents, by Application USD Million (2025-2030)
  • Table 233. France Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 234. France Solvents, by Source USD Million (2025-2030)
  • Table 235. Italy Solvents, by Type USD Million (2025-2030)
  • Table 236. Italy Solvents, by Application USD Million (2025-2030)
  • Table 237. Italy Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 238. Italy Solvents, by Source USD Million (2025-2030)
  • Table 239. United Kingdom Solvents, by Type USD Million (2025-2030)
  • Table 240. United Kingdom Solvents, by Application USD Million (2025-2030)
  • Table 241. United Kingdom Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 242. United Kingdom Solvents, by Source USD Million (2025-2030)
  • Table 243. Netherlands Solvents, by Type USD Million (2025-2030)
  • Table 244. Netherlands Solvents, by Application USD Million (2025-2030)
  • Table 245. Netherlands Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 246. Netherlands Solvents, by Source USD Million (2025-2030)
  • Table 247. Rest of Europe Solvents, by Type USD Million (2025-2030)
  • Table 248. Rest of Europe Solvents, by Application USD Million (2025-2030)
  • Table 249. Rest of Europe Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 250. Rest of Europe Solvents, by Source USD Million (2025-2030)
  • Table 251. MEA Solvents, by Country USD Million (2025-2030)
  • Table 252. MEA Solvents, by Type USD Million (2025-2030)
  • Table 253. MEA Solvents, by Application USD Million (2025-2030)
  • Table 254. MEA Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 255. MEA Solvents, by Source USD Million (2025-2030)
  • Table 256. Middle East Solvents, by Type USD Million (2025-2030)
  • Table 257. Middle East Solvents, by Application USD Million (2025-2030)
  • Table 258. Middle East Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 259. Middle East Solvents, by Source USD Million (2025-2030)
  • Table 260. Africa Solvents, by Type USD Million (2025-2030)
  • Table 261. Africa Solvents, by Application USD Million (2025-2030)
  • Table 262. Africa Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 263. Africa Solvents, by Source USD Million (2025-2030)
  • Table 264. North America Solvents, by Country USD Million (2025-2030)
  • Table 265. North America Solvents, by Type USD Million (2025-2030)
  • Table 266. North America Solvents, by Application USD Million (2025-2030)
  • Table 267. North America Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 268. North America Solvents, by Source USD Million (2025-2030)
  • Table 269. United States Solvents, by Type USD Million (2025-2030)
  • Table 270. United States Solvents, by Application USD Million (2025-2030)
  • Table 271. United States Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 272. United States Solvents, by Source USD Million (2025-2030)
  • Table 273. Canada Solvents, by Type USD Million (2025-2030)
  • Table 274. Canada Solvents, by Application USD Million (2025-2030)
  • Table 275. Canada Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 276. Canada Solvents, by Source USD Million (2025-2030)
  • Table 277. Mexico Solvents, by Type USD Million (2025-2030)
  • Table 278. Mexico Solvents, by Application USD Million (2025-2030)
  • Table 279. Mexico Solvents, by Industry Verticals USD Million (2025-2030)
  • Table 280. Mexico Solvents, by Source USD Million (2025-2030)
  • Table 281. Research Programs/Design for This Report
  • Table 282. Key Data Information from Secondary Sources
  • Table 283. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Solvents: by Type USD Million (2018-2023)
  • Figure 5. Global Solvents: by Application USD Million (2018-2023)
  • Figure 6. Global Solvents: by Industry Verticals USD Million (2018-2023)
  • Figure 7. Global Solvents: by Source USD Million (2018-2023)
  • Figure 8. South America Solvents Share (%), by Country
  • Figure 9. Asia Pacific Solvents Share (%), by Country
  • Figure 10. Europe Solvents Share (%), by Country
  • Figure 11. MEA Solvents Share (%), by Country
  • Figure 12. North America Solvents Share (%), by Country
  • Figure 13. Global Solvents share by Players 2023 (%)
  • Figure 14. Global Solvents share by Players (Top 3) 2023(%)
  • Figure 15. Global Solvents share by Players (Top 5) 2023(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Royal Dutch Shell Plc (Netherlands) Revenue, Net Income and Gross profit
  • Figure 18. Royal Dutch Shell Plc (Netherlands) Revenue: by Geography 2023
  • Figure 19. Eastman Chemical Company (United States) Revenue, Net Income and Gross profit
  • Figure 20. Eastman Chemical Company (United States) Revenue: by Geography 2023
  • Figure 21. LyondellBasell Industries Holdings B.V. (Netherlands) Revenue, Net Income and Gross profit
  • Figure 22. LyondellBasell Industries Holdings B.V. (Netherlands) Revenue: by Geography 2023
  • Figure 23. Ashland Global Holdings Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 24. Ashland Global Holdings Inc. (United States) Revenue: by Geography 2023
  • Figure 25. BASF SE (Germany) Revenue, Net Income and Gross profit
  • Figure 26. BASF SE (Germany) Revenue: by Geography 2023
  • Figure 27. Huntsman Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 28. Huntsman Corporation (United States) Revenue: by Geography 2023
  • Figure 29. ExxonMobil Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 30. ExxonMobil Corporation (United States) Revenue: by Geography 2023
  • Figure 31. Celanese Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 32. Celanese Corporation (United States) Revenue: by Geography 2023
  • Figure 33. Honeywell International Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 34. Honeywell International Inc. (United States) Revenue: by Geography 2023
  • Figure 35. INEOS AG (Switzerland) Revenue, Net Income and Gross profit
  • Figure 36. INEOS AG (Switzerland) Revenue: by Geography 2023
  • Figure 37. Global Solvents: by Type USD Million (2025-2030)
  • Figure 38. Global Solvents: by Application USD Million (2025-2030)
  • Figure 39. Global Solvents: by Industry Verticals USD Million (2025-2030)
  • Figure 40. Global Solvents: by Source USD Million (2025-2030)
  • Figure 41. South America Solvents Share (%), by Country
  • Figure 42. Asia Pacific Solvents Share (%), by Country
  • Figure 43. Europe Solvents Share (%), by Country
  • Figure 44. MEA Solvents Share (%), by Country
  • Figure 45. North America Solvents Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Royal Dutch Shell Plc (Netherlands)
  • Eastman Chemical Company (United States)
  • LyondellBasell Industries Holdings B.V. (Netherlands)
  • Ashland Global Holdings Inc. (United States)
  • BASF SE (Germany)
  • Huntsman Corporation (United States)
  • ExxonMobil Corporation (United States)
  • Celanese Corporation (United States)
  • Honeywell International Inc. (United States)
  • INEOS AG (Switzerland)
Additional players considered in the study are as follows:
HERZA Schokolade GmbH& Co. KG (Germany) , Indena S.p.A. (Italy)
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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Solvents Market are by type [Alcohols, Ketones, Esters, Glycol Ethers, Aromatic and Aliphatic], by end use application [Paints & Coatings, Polymer Manufacturing and Printing Inks].
The Solvents Market is gaining popularity and expected to see strong valuation by 2030.
  • Rapid Growth in Requirement for Conventional Solvents from Various Sectors Personal Care, and Pharmaceutical Applications Amid Coronavirus Pandemic

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