Global Solvent
Market Report
2025
Solvent Market Report 2025 (Global Edition)
The global Solvent market size will be USD 35241.5 million in 2025. Increasing use in pharmaceuticals and paints is expected to boost sales to USD 58764.09102 million by 2033, with a Compound Annual Growth Rate (CAGR) of 6.60% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
| Share your contact details to receive free updated sample copy/pages of the recently published edition of Solvent Market Report 2025.
Global Solvent Market Report 2025 Market Size Split by Product Type Outlook: (Alcohol-based Solvents, Hydrocarbon Solvents, Ketone-based Solvents, Ester Solvents, Chlorinated Solvents, Other Solvents ...
According to Cognitive Market Research, the global Solvent market size will be USD 352415.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.60% from 2025 to 2033.
- North America held the major market share for more than 40% of the global revenue with a market size of USD 9515.21 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033.
- Europe accounted for a market share of over 30% of the global revenue with a market size of USD 8105.55 million.
- APAC held a market share of around 23% of the global revenue with a market size of USD 14096.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.
- South America has a market share of more than 5% of the global revenue with a market size of USD 1339.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
- The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 1409.66 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2033.
- Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 775.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2033.
- Green and sustainable solvents category is the fastest growing segment of the Solvent industry
| 2021 | 2025 | 2033 | CAGR | |
|---|---|---|---|---|
| Global Solvent Market Sales Revenue | 121212 | $ 35241.5 Million | $ 58764.1 Million | 6.6% |
| North America Solvent Market Sales Revenue | 121212 | $ 9515.21 Million | $ 14220.9 Million | 5.2% |
| United States Solvent Market Sales Revenue | 121212 | $ 7507.5 Million | 121212 | 5% |
| Canada Solvent Market Sales Revenue | 121212 | $ 1141.82 Million | 121212 | 6% |
| Mexico Solvent Market Sales Revenue | 121212 | $ 865.88 Million | 121212 | 5.7% |
| Europe Solvent Market Sales Revenue | 121212 | $ 8105.55 Million | $ 12458 Million | 5.5% |
| United Kingdom Solvent Market Sales Revenue | 121212 | $ 1361.73 Million | 121212 | 6.3% |
| France Solvent Market Sales Revenue | 121212 | $ 745.71 Million | 121212 | 4.7% |
| Germany Solvent Market Sales Revenue | 121212 | $ 1604.9 Million | 121212 | 5.7% |
| Italy Solvent Market Sales Revenue | 121212 | $ 697.08 Million | 121212 | 4.9% |
| Russia Solvent Market Sales Revenue | 121212 | $ 1256.36 Million | 121212 | 4.5% |
| Spain Solvent Market Sales Revenue | 121212 | $ 664.65 Million | 121212 | 4.6% |
| Sweden Solvent Market Sales Revenue | 121212 | $ 251.27 Million | 121212 | 5.6% |
| Denmark Solvent Market Sales Revenue | 121212 | $ 170.22 Million | 121212 | 5.3% |
| Switzerland Solvent Market Sales Revenue | 121212 | $ 121.58 Million | 121212 | 5.2% |
| Luxembourg Solvent Market Sales Revenue | 121212 | $ 97.27 Million | 121212 | 5.8% |
| Rest of Europe Solvent Market Sales Revenue | 121212 | $ 1134.78 Million | 121212 | 4.2% |
| Asia Pacific Solvent Market Sales Revenue | 121212 | $ 14096.6 Million | $ 26032.5 Million | 8% |
| China Solvent Market Sales Revenue | 121212 | $ 5920.57 Million | 121212 | 7.5% |
| Japan Solvent Market Sales Revenue | 121212 | $ 1945.33 Million | 121212 | 6.5% |
| South Korea Solvent Market Sales Revenue | 121212 | $ 1691.59 Million | 121212 | 7.1% |
| India Solvent Market Sales Revenue | 121212 | $ 1409.66 Million | 121212 | 9.9% |
| Australia Solvent Market Sales Revenue | 121212 | $ 733.02 Million | 121212 | 7.3% |
| Singapore Solvent Market Sales Revenue | 121212 | $ 281.93 Million | 121212 | 8.3% |
| Taiwan Solvent Market Sales Revenue | 121212 | $ 549.77 Million | 121212 | 7.8% |
| South East Asia Solvent Market Sales Revenue | 121212 | $ 930.38 Million | 121212 | 8.8% |
| Rest of APAC Solvent Market Sales Revenue | 121212 | $ 634.35 Million | 121212 | 7.8% |
| South America Solvent Market Sales Revenue | 121212 | $ 1339.18 Million | $ 2350.6 Million | 7.3% |
| Brazil Solvent Market Sales Revenue | 121212 | $ 573.17 Million | 121212 | 7.9% |
| Argentina Solvent Market Sales Revenue | 121212 | $ 224.98 Million | 121212 | 8.2% |
| Colombia Solvent Market Sales Revenue | 121212 | $ 119.19 Million | 121212 | 7.1% |
| Peru Solvent Market Sales Revenue | 121212 | $ 109.81 Million | 121212 | 7.5% |
| Chile Solvent Market Sales Revenue | 121212 | $ 96.42 Million | 121212 | 7.6% |
| Rest of South America Solvent Market Sales Revenue | 121212 | $ 215.61 Million | 121212 | 6.4% |
| Middle East Solvent Market Sales Revenue | 121212 | $ 1409.66 Million | $ 2409.3 Million | 6.9% |
| Qatar Solvent Market Sales Revenue | 121212 | $ 112.77 Million | 121212 | 6.4% |
| Saudi Arabia Solvent Market Sales Revenue | 121212 | $ 496.2 Million | 121212 | 7.2% |
| Turkey Solvent Market Sales Revenue | 121212 | $ 112.77 Million | 121212 | 7.5% |
| UAE Solvent Market Sales Revenue | 121212 | $ 290.39 Million | 121212 | 7.4% |
| Egypt Solvent Market Sales Revenue | 121212 | $ 84.58 Million | 121212 | 6.7% |
| Rest of Middle East Solvent Market Sales Revenue | 121212 | $ 312.94 Million | 121212 | 6.1% |
| Africa Solvent Market Sales Revenue | 121212 | $ 775.31 Million | $ 1292.8 Million | 6.6% |
| Nigeria Solvent Market Sales Revenue | 121212 | $ 62.03 Million | 121212 | 6.8% |
| South Africa Solvent Market Sales Revenue | 121212 | $ 272.91 Million | 121212 | 7.5% |
| Rest of Africa Solvent Market Sales Revenue | 121212 | $ 440.38 Million | 121212 | 5.8% |
| Base Year | 2024 |
| Historical Data Time Period | 2021-2024 |
| Forecast Period | 2025-2033 |
| Market Split by Product Type Outlook: |
|
| Market Split by Applications Outlook: |
|
| List of Competitors |
|
| Regional Analysis |
|
| Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
| |
Report scope is customizable as we have a huge database of Solvent industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Solvent Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Solvent Market Report Description
Introduction of the Solvent Market
The solvent market encompasses the production, distribution, and consumption of various chemical solvents used across industries such as pharmaceuticals, automotive, paints and coatings, and agriculture. Solvents are substances that dissolve other materials to create solutions and are vital in manufacturing processes, product formulations, and cleaning. With applications ranging from paint thinners to cleaning agents, the market has seen significant growth due to increasing industrial activities, urbanization, and the demand for eco-friendly alternatives. As industries seek more sustainable and non-toxic solutions, the solvent market is evolving to include green and bio-based solvents to meet both environmental and regulatory standards.
Solvent Market Size
Market Dynamics of Solvent Market
Key Drivers for Solvent Market
Government regulations on solvent emissions and health hazards influence demand to Boost Market Growth
Government regulations on solvent emissions and health hazards play a crucial role in boosting market growth by driving demand for safer, more sustainable products. Stringent laws aimed at reducing environmental pollution and ensuring worker safety push industries to adopt low-emission, non-toxic alternatives. This creates opportunities for companies to innovate, develop eco-friendly solvents, and meet regulatory standards. As awareness of health risks linked to hazardous solvents rises, both consumers and businesses increasingly prioritize safer options, fostering demand for compliant, green solutions. These regulatory pressures are instrumental in accelerating the shift toward safer, more sustainable chemical products across various sectors.
Growing awareness of eco-friendly solvents drives market growth and innovation To Boost Market Growth
The growing awareness of eco-friendly solvents is a key driver of market growth, as consumers and industries alike prioritize sustainability and environmental responsibility. The demand for safer, less toxic alternatives to traditional solvents has spurred innovation, with companies investing in the development of green, biodegradable solutions. Regulations and policies promoting the reduction of harmful chemicals further propel this shift. As industries such as automotive, pharmaceuticals, and coatings adopt eco-friendly solvents, the market sees increasing growth. Additionally, the cost-effectiveness and improved performance of these solvents are expected to continue boosting market expansion in the coming years.
Restraint Factor for the Solvent Market
Environmental regulations limiting solvent production and usage
Environmental regulations limiting solvent production and usage are influenced by key restraints such as strict emission standards for volatile organic compounds (VOCs), which contribute to air pollution and ozone depletion. Regulations like the Clean Air Act in the US set limits on solvent emissions, compelling industries to adopt greener alternatives. Restrictions on the use of hazardous chemicals like benzene and toluene, alongside bans on certain solvents, increase operational costs. Furthermore, compliance with regulations often requires extensive monitoring, reporting, and investments in environmentally friendly technologies, making solvent use in some industries more challenging and costly.
Market Trends in Solvent Market
Increasing demand for sustainable, non-toxic, and biodegradable alternatives
The demand for sustainable, non-toxic, and biodegradable alternatives is rapidly growing across various industries. Key trends include increased consumer awareness around environmental issues, leading to a preference for eco-friendly products. Brands are embracing materials like plant-based plastics, recycled fibres, and non-toxic ingredients in consumer goods, packaging, and cleaning products. Innovations in biodegradable alternatives for everyday items—such as packaging, textiles, and personal care products—are gaining traction. Consumers are increasingly prioritizing products that minimize their environmental footprint, driving companies to focus on green certifications, transparency in sourcing, and waste reduction strategies to meet evolving eco-conscious preferences.
Stricter environmental regulations driving innovation and compliance in solvent production
Stricter environmental regulations are driving innovation in solvent production, as companies seek to reduce harmful emissions and comply with sustainability standards. Key trends include the shift toward low-VOC (volatile organic compounds) solvents, greener alternatives like bio-based solvents, and advancements in solvent recycling technologies. Manufacturers are investing in cleaner production processes to minimize waste and energy consumption. Additionally, the development of non-toxic, biodegradable solvents is gaining traction in industries such as pharmaceuticals, coatings, and cleaning products. Increased focus on regulatory compliance is pushing businesses to adopt advanced filtration, monitoring systems, and digital technologies for environmental tracking and reporting.
We have various report editions of Solvent Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Competitive Landscape of the Solvent Market
The global solvent market is highly competitive, with key players like BASF, Dow Chemical, and ExxonMobil leading in production and innovation. These companies offer a wide range of solvents, including organic, inorganic, and speciality types, catering to industries such as automotive, pharmaceuticals, and paints & coatings. The market is driven by factors such as increasing industrialization, rising demand for eco-friendly solvents, and advancements in technology. Regional players are focusing on sustainability and regulatory compliance to gain a competitive edge, while mergers, acquisitions, and collaborations are shaping the market dynamics.
In April 2024, The next-generation dispersion agent, Efka PX 4360, was introduced by BASF during the 2024 American Coatings Show. This particular compound targets industrial coatings that are based on solvents. Efka PX 4360, which was created via BASF's Controlled Free Radical Polymerization (CFRP) technology, has a distinct polymer architecture. It provides better processability, improves colour qualities, and shows outstanding compatibility with pigments and coatings systems. Interestingly, it works well with formulations that are free of tin and aromatics. https://www.basf.com/us/en/media/news-releases/2024/04/basf-introduces-efka-px-4360--a-solvent-based-dispersing-agent-f
Top Companies Market Share in Solvent Industry: (In no particular order of Rank)
- BASF SE
- Dow
- Exxon Mobil Corporation
- SABIC
- LyondellBasell Industries Holdings B.V.
- Shell Chemicals
- Akzo Nobel N.V.
- INEOS
- Huntsman International LLC.
- Eastman Chemical Company
- Mitsubishi Chemical Group Corporation
- Sumitomo Chemical Co. Ltd.
- LG Chem
- Formosa Plastics Corporation
- Confidential Data
- Access The Paid Version
- Data Hidden
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Regional Analysis of the Solvent Market
Which Region Dominates the Solvent Market in 2025?
According to Cognitive Market Research, North America currently dominates the Solvent market, and the region's advanced manufacturing capabilities, coupled with rising demand for eco-friendly solvents, will drive market growth. Stringent regulations on VOC emissions will lead to increased adoption of low-toxicity and bio-based solvents. Additionally, the growing emphasis on sustainability and green chemistry will further bolster the market. North America's well-established supply chain and continuous innovation in solvent formulations will maintain its leadership position in the global solvent industry.
Which Region is Expanding at the Fastest CAGR?
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This growth is driven by expanding industrialization, rising demand for packaged goods, and increasing adoption of printing technologies in countries like China, India, and Japan. Additionally, the Asia Pacific solvents market size was estimated at USD 16.75 billion in 2024 and is projected to reach around USD 34.44 billion by 2034.
The current report Scope analyzes Solvent Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
- North America (United States, Canada, Mexico)
- Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
- Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
- Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
- Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
- Africa (Nigeria, South Africa, Rest of Africa)
Solvent Market Share (%) by Region (2021-2033)
Solvent Market Share (%) by Country
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
North America Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 9515.21 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033.
United States solvent market size is USD 7507.50 million in 2025
According to Cognitive Market Research, the US had a major share in the Solvent market with a market size of USD 7507.50 million in 2025 and is projected to grow at a CAGR of 5.0% during the forecast period. The US region grows with the solvent market through innovation, demand, and regulations.
Canada Solvent market size is USD 1141.82 million in 2025
The Canadian Solvent market had a market share of USD 1141.82 million in 2025 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's solvent market growth is driven by industrial demand and innovation.
Mexico Solvent market size is USD 865.88 million in 2025
The Mexico Solvent market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 865.88 million in 2025..
Europe Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8105.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033.
United Kingdom Solvent market size is USD 1361.73 million in 2025
The United Kingdom Solvent market had a market share of USD 1361.73 million in 2025 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Solvent sales witnessed an upswing due to innovation, demand, and industrial applications .
France Solvent market size is USD 745.71 million in 2025
The France Solvent market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 745.71 million in 2025.
Germany's Solvent market size is USD 1604.90 million in 2025
According to Cognitive Market Research, the German Solvent market size was valued at USD 1604.90 million in 2025 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, industry expansion, boosting Germany's regional economy
Italy Solvent market size is USD 697.08 million in 2025
The Italy Solvent market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 697.08 million in 2025.
Russia Solvent market size is USD 1256.36 million in 2025
The Russia Solvent market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 1256.36 million in 2025
Spain Solvent market size is USD 664.65 million in 2025
The Spain Solvent market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 664.65 million in 2025
Sweden Solvent market size is USD 251.27 million in 2025
The Sweden Solvent market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 251.27 million in 2025.
Denmark Solvent market size is USD 170.22 million in 2025
The Denmark Solvent market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 170.22 million in 2025
Switzerland Solvent market size is USD 121.58 million in 2025
The Switzerland Solvent market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 121.58 million in 2025.
Luxembourg Solvent market size is USD 97.27 million in 2025
The Luxembourg Solvent market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 97.27 million in 2025.
Rest of Europe Solvent market size is USD 1134.78 million in 2025
The Rest of Europe's Solvent market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1134.78 million in 2025.
Asia Pacific Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which APAC held the market share of around 23% of the global revenue with a market size of USD 14096.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.
China Solvent market size is USD 5920.57 million in 2025
According to Cognitive Market Research, the China Solvent market size was valued at USD 5920.57 million in 2025 and is projected to grow at a CAGR of 7.5% during the forecast period. Solvent surged in China due to industrial demand innovation.
Japan Solvent market size is USD 1945.33 million in 2025
The Japan Solvent market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 1945.33 million in 2025
South Korea Solvent market size is USD 1691.59 million in 2025
The South Korean solvent market had a market share of USD 1691.59 million in 2025 and is projected to grow at a CAGR of 7.1% during the forecast period. India's industrial demand and expansion.
India Solvent market size is USD 1409.66 million in 2025
The Indian Solvent market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 1409.66 million in 2025.
Australia Solvent market size is USD 733.02 million in 2025
The Australian Solvent market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 733.02 million in 2025.
Singapore Solvent market size is USD 281.93 million in 2025
The Singapore Solvent market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 281.93 million in 2025.
Taiwan Solvent market size is USD 549.77 million in 2025
The Taiwan Solvent market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 549.77 million in 2025.
South East Asia Solvent market size is USD 930.38 million in 2025
The South East Asia Solvent market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 930.38 million in 2025.
Rest of APAC Solvent market size is USD 634.35 million in 2025
The Rest of APAC Solvent market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 634.35 million in 2025.
South America Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which South America held the market share of around 5% of the global revenue with a market size of USD 1339.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
Brazil's Solvent market size is USD 573.17 million in 2025
According to Cognitive Market Research, the Brazil Solvent market size was valued at USD 573.17 million in 2025 and is projected to grow at a CAGR of 7.9% during the forecast period. Solvent flourished in Brazil due to Increased industrial demand and applications.
Argentina's Solvent market size is USD 224.98 million in 2025
Argentina's Solvent market had a market share of USD 224.98 million in 2025 and is projected to grow at a CAGR of 8.2% during the forecast period. Argentina's industrial demand, regulations.
Colombia Solvent market size is USD 119.19 million in 2025
Colombia Solvent market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 119.19 million in 2025
Peru Solvent market size is USD 109.81 million in 2025
Peru Solvent market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 109.81 million in 2025.
Chile Solvent market size is USD 96.42 million in 2025
Chile Solvent market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 96.42 million in 2025
Rest of South America Solvent market size is USD 215.61 million in 2025
The Rest of South America's Solvent market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 215.61 million in 2025.
Middle East Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which the Middle East held the major market share of around 2% of the global revenue with a market size of USD 1409.66 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2033..
Qatar Solvent market size is USD 112.77 million in 2025
The Qatar Solvent market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 112.77 million in 2025. Solvent sales flourish due to industrial demand, innovation, and infrastructure.
Saudi Arabia Solvent market size is USD 496.20 million in 2025
The Saudi Arabia Solvent market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 496.20 million in 2025.
Turkey Solvent market size is USD 112.77 million in 2025
The Turkey Solvent market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 112.77 million in 2025. Solvent sales flourished in Turkey due to Increased demand, industrial growth, innovation, and strategic market expansion.
UAE Solvent market size is USD 290.39 million in 2025
The UAE Solvent market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 290.39 million in 2025.
Egypt Solvent market size is USD 84.58 million in 2025
The Egypt Solvent market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 84.58 million in 2025.
Rest of the Middle East Solvent market size is USD 312.94 million in 2025
The Rest of the Middle East Solvent market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 312.94 million in 2025
Africa Solvent Market Analysis
According to Cognitive Market Research, the global Solvent market size was estimated at USD 35241.5 Million, out of which Africa held the major market share of around 2% of the global revenue with a market size of USD 775.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2033..
Nigeria Solvent market size is USD 62.03 million in 2025
The Nigeria Solvent market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 62.03 million in 2025. Solvent sales flourish due to industrial expansion and demand.
South Africa Solvent market size is USD 272.91 million in 2025
The South Africa Solvent market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 272.91 million in 2025.
Rest of Africa Solvent market size is USD 440.38 million in 2025
The Rest of Africa's Solvent market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 440.38 million in 2025.
Solvent Market Analysis
Global Solvent Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Solvent Industry growth. Solvent market has been segmented with the help of its Product Type Outlook:, Applications Outlook: , and others. Solvent market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Solvent Market?
Solvent Market Product Type Segment Analysis
According to Cognitive Market Research, Alcohol-based solvents dominate the solvent market due to their versatility, effectiveness, and relatively low toxicity compared to other solvents. They are commonly used in various industries, such as pharmaceuticals, paints, coatings, and cosmetics, for their ability to dissolve a wide range of substances. Alcohols like ethanol and isopropanol are highly effective at breaking down oils, resins, and pigments, making them essential for formulations and cleaning purposes. Their ability to evaporate quickly, combined with their low environmental impact, further increases their demand. Additionally, alcohol-based solvents are generally safer, biodegradable, and less harmful to human health and the environment.
Hydrocarbon solvents are the fastest-growing segment in the solvent market due to their wide range of applications across industries like paints and coatings, adhesives, pharmaceuticals, and automotive. These solvents are preferred for their cost-effectiveness, high solvency power, and ability to dissolve a variety of substances. The demand is driven by industrial expansion, particularly in developing regions, and the growing need for environmentally friendly alternatives. Innovations in the formulation of hydrocarbon solvents that meet regulatory standards while offering superior performance further fuel their adoption, making them a key player in the growing solvent market.
Solvent Market Share (%) by Product Type Outlook: in 2021-2033
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Solvent Industry. Request a Free Sample PDF!
Solvent Market Application Segment Analysis
According to Cognitive Market Research, Paints and coatings dominate the solvent market primarily due to their widespread use in industries such as automotive, construction, and manufacturing. Solvents are essential in these products for dissolving and thinning paints, ensuring smooth Application and proper drying. The demand for high-quality finishes and coatings in diverse applications drives solvent consumption. Additionally, the rise in eco-friendly coatings and innovations in low-VOC (volatile organic compound) solutions have shifted the market towards more sustainable solvent alternatives. However, solvents remain a key component. The global construction boom and the automotive industry's recovery continue to sustain the high demand for solvents in paints and coatings.
In the Solvent Market, The printing inks segment is driving the rapid growth of the solvent market due to increased demand for high-quality prints in packaging, advertising, and publishing industries. Solvents are crucial in the formulation of printing inks, as they control the viscosity, drying time, and application properties. With the rise of digital printing technologies, the need for specialized solvents in ink production has surged. Furthermore, solvent-based inks provide better adhesion, vibrancy, and durability, making them ideal for various substrates. As the global packaging industry expands, particularly in flexible and food packaging, the solvent market's growth is expected to accelerate further.
Solvent Market Share (%) by Applications Outlook: in 2021-2033
2021
2025
2033
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Author's Detail
Ashwini MoharirResearch Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Author's Conclusion
Conclusion
- The global Solvent market will expand significantly by 6.60% CAGR between 2025 and 2033.
- Alcohol-based solvents are driving the fastest growth in the solvent market due to their versatility, eco-friendliness, and effective performance in various industries. Their demand is fueled by a shift towards sustainable, low-toxicity solutions, making them a preferred choice for applications in coatings, cleaning, pharmaceuticals, and personal care.
- The printing ink sector is driving rapid growth in the solvent market due to increasing demand for high-quality print applications in packaging, labels, and advertising. Solvent-based inks offer superior durability and vibrant colours, making them essential for various industries and contributing to a significant rise in market expansion.
Frequently Asked Questions (FAQs)
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Latest News about Solvent Market
Sources from Chemical & Materials Industry
- https://www.acauk.org/
- https://www.americanchemistry.com/
- https://bama.co.uk/
- https://www.basa.uk.com/
- https://www.bceca.org.uk/
- https://coatings.org.uk/?
- https://www.bpf.co.uk/
- https://www.chemical.org.uk/
- https://www.chcs.org.uk/
- https://www.cia.org.uk/
- https://www.ctpa.org.uk/
- https://www.gpca.org.ae/
- https://www.icheme.org/
- https://www.iccta.org/
- https://www.raci.org.au/home
- https://www.rsc.org/
- https://www.soci.org/
- https://www.socma.org/
- https://www.wermac.org/materials/chemical_elements.html
- https://www.rsc.org/journals-books-databases/about-journals/industrial-chemistry-materials/
- https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Archive:Chemicals_production_statistics
- https://pubs.acs.org/
- https://www.bls.gov/ooh/life-physical-and-social-science/chemists-and-materials-scientists.htm
- https://www.osha.gov/chemical-hazards
- https://www.americanchemistry.com/chemistry-in-america/data-industry-statistics
- https://www.nsf.gov/news/classroom/chemistry.jsp
- https://cen.acs.org/
- https://www.materialstoday.com/materials-chemistry/news/
- https://group.echemi.com/en/index.html
- https://www.technology.org/category/technologies/chemistry/
- https://www.cisa.gov/sites/default/files/publications/Chemical-Sector-Profile_Final%20508.pdf
Solvent Market Report Table of Content
Disclaimer:
- This is just a redacted sample pages of the actual deliverable report and only for representative purposes
- Charts/Graphs/Numbers/data are only for Representative purposes and do not depict actual statistics.
- The table of Contents differs according to the user License selection. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section/s Or chapter/s from the report.
- Specific Tables, Graphs, Sections, and Chapters can be ordered at a discounted price.
- If applicable; On Request Volume Data will also be provided (at an Additional Cost).
| Product Type Outlook: | Alcohol-based Solvents, Hydrocarbon Solvents, Ketone-based Solvents, Ester Solvents, Chlorinated Solvents, Other Solvents (Bio-solvents and Glycols) |
| Applications Outlook: | Paints and Coatings, Printing Inks, Pharmaceuticals, Cosmetics and Adhesives, Others (Cleaning and Deicing) |
| List of Competitors | BASF SE, Dow, Exxon Mobil Corporation, SABIC, LyondellBasell Industries Holdings B.V., Shell Chemicals, Akzo Nobel N.V., INEOS, Huntsman International LLC., Eastman Chemical Company, Mitsubishi Chemical Group Corporation, Sumitomo Chemical Co. Ltd., LG Chem, Formosa Plastics Corporation |
This chapter will help you gain GLOBAL Market Analysis of Solvent. Further deep in this chapter, you will be able to review Global Solvent Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
-
1.1 Global Solvent Revenue Market Size, Trend Analysis 2021 - 2033
-
1.2 Global Solvent Market Size By Regions 2021 - 2033
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
-
1.2.1 Global Solvent Revenue Market Size By Region
-
-
1.3 Global Solvent Market Size By Product Type Outlook: 2021 - 2033
-
1.3.1 Alcohol-based Solvents Market Size
-
1.3.2 Hydrocarbon Solvents Market Size
-
1.3.3 Ketone-based Solvents Market Size
-
1.3.4 Ester Solvents Market Size
-
1.3.5 Chlorinated Solvents Market Size
-
1.3.6 Other Solvents (Bio-solvents and Glycols) Market Size
-
-
1.4 Global Solvent Market Size By Applications Outlook: 2021 - 2033
-
1.4.1 Paints and Coatings Market Size
-
1.4.2 Printing Inks Market Size
-
1.4.3 Pharmaceuticals Market Size
-
1.4.4 Cosmetics and Adhesives Market Size
-
1.4.5 Others (Cleaning and Deicing) Market Size
-
-
1.5 Global Level Competitor Analysis (Subject to Data Availability (Private Players))
-
1.6 Executive Summary Global Market (2021 vs 2025 vs 2033)
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
-
1.6.1 Regional Market Revenue Summary 2021 vs 2025 vs 2033
-
1.6.2 Global Market Revenue Split By Product Type Outlook:
-
1.6.3 Global Market Revenue Split By Applications Outlook:
-
1.6.4 Global Market Dynamics, Trends, Drivers, Restraints, Opportunities
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
-
This chapter will help you gain North America Market Analysis of Solvent. Further deep in this chapter, you will be able to review North America Solvent Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
-
2.1 North America Solvent Market Size 2021 - 2033
-
2.1.1 North America Solvent Market Size By Country 2021 - 2033
-
2.1.2 North America Solvent Market Size by Product Type Outlook: 2021 - 2033
-
2.1.2.1 North America Alcohol-based Solvents Market Size
-
2.1.2.2 North America Hydrocarbon Solvents Market Size
-
2.1.2.3 North America Ketone-based Solvents Market Size
-
2.1.2.4 North America Ester Solvents Market Size
-
2.1.2.5 North America Chlorinated Solvents Market Size
-
2.1.2.6 North America Other Solvents (Bio-solvents and Glycols) Market Size
-
-
2.1.3 North America Solvent Market Size by Applications Outlook: 2021 - 2033
-
2.1.3.1 North America Paints and Coatings Market Size
-
2.1.3.2 North America Printing Inks Market Size
-
2.1.3.3 North America Pharmaceuticals Market Size
-
2.1.3.4 North America Cosmetics and Adhesives Market Size
-
2.1.3.5 North America Others (Cleaning and Deicing) Market Size
-
-
-
2.2 United States Market Size 2021 - 2033
-
2.2.1 United States Solvent Market Size by Product Type Outlook: 2021 - 2033
-
2.2.2 United States Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
2.3 Canada Market Size 2021 - 2033
-
2.3.1 Canada Solvent Market Size by Product Type Outlook: 2021 - 2033
-
2.3.2 Canada Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
2.4 Mexico Market Size 2021 - 2033
-
2.4.1 Mexico Solvent Market Size by Product Type Outlook: 2021 - 2033
-
2.4.2 Mexico Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter will help you gain Europe Market Analysis of Solvent. Further deep in this chapter, you will be able to review Europe Solvent Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
-
3.1 Europe Solvent Market Size 2021 - 2033
-
3.1.1 Europe Solvent Market Size By Country 2021 - 2033
-
3.1.2 Europe Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.1.2.1 Europe Alcohol-based Solvents Market Size
-
3.1.2.2 Europe Hydrocarbon Solvents Market Size
-
3.1.2.3 Europe Ketone-based Solvents Market Size
-
3.1.2.4 Europe Ester Solvents Market Size
-
3.1.2.5 Europe Chlorinated Solvents Market Size
-
3.1.2.6 Europe Other Solvents (Bio-solvents and Glycols) Market Size
-
-
3.1.3 Europe Solvent Market Size by Applications Outlook: 2021 - 2033
-
3.1.3.1 Europe Paints and Coatings Market Size
-
3.1.3.2 Europe Printing Inks Market Size
-
3.1.3.3 Europe Pharmaceuticals Market Size
-
3.1.3.4 Europe Cosmetics and Adhesives Market Size
-
3.1.3.5 Europe Others (Cleaning and Deicing) Market Size
-
-
-
3.2 United Kingdom Market Size 2021 - 2033
-
3.2.1 United Kingdom Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.2.2 United Kingdom Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.3 France Market Size 2021 - 2033
-
3.3.1 France Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.3.2 France Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.4 Germany Market Size 2021 - 2033
-
3.4.1 Germany Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.4.2 Germany Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.5 Italy Market Size 2021 - 2033
-
3.5.1 Italy Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.5.2 Italy Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.6 Russia Market Size 2021 - 2033
-
3.6.1 Russia Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.6.2 Russia Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.7 Spain Market Size 2021 - 2033
-
3.7.1 Spain Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.7.2 Spain Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.8 Sweden Market Size 2021 - 2033
-
3.8.1 Sweden Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.8.2 Sweden Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.9 Denmark Market Size 2021 - 2033
-
3.9.1 Denmark Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.9.2 Denmark Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.10 Switzerland Market Size 2021 - 2033
-
3.10.1 Switzerland Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.10.2 Switzerland Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.11 Luxembourg Market Size 2021 - 2033
-
3.11.1 Luxembourg Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.11.2 Luxembourg Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
3.12 Rest of Europe Market Size 2021 - 2033
-
3.12.1 Rest of Europe Solvent Market Size by Product Type Outlook: 2021 - 2033
-
3.12.2 Rest of Europe Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter will help you gain Asia Pacific Market Analysis of Solvent. Further deep in this chapter, you will be able to review Asia Pacific Solvent Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
-
4.1 Asia Pacific Solvent Market Size 2021 - 2033
-
4.1.1 Asia Pacific Solvent Market Size By Country 2021 - 2033
-
4.1.2 Asia Pacific Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.1.2.1 Asia Pacific Alcohol-based Solvents Market Size
-
4.1.2.2 Asia Pacific Hydrocarbon Solvents Market Size
-
4.1.2.3 Asia Pacific Ketone-based Solvents Market Size
-
4.1.2.4 Asia Pacific Ester Solvents Market Size
-
4.1.2.5 Asia Pacific Chlorinated Solvents Market Size
-
4.1.2.6 Asia Pacific Other Solvents (Bio-solvents and Glycols) Market Size
-
-
4.1.3 Asia Pacific Solvent Market Size by Applications Outlook: 2021 - 2033
-
4.1.3.1 Asia Pacific Paints and Coatings Market Size
-
4.1.3.2 Asia Pacific Printing Inks Market Size
-
4.1.3.3 Asia Pacific Pharmaceuticals Market Size
-
4.1.3.4 Asia Pacific Cosmetics and Adhesives Market Size
-
4.1.3.5 Asia Pacific Others (Cleaning and Deicing) Market Size
-
-
-
4.2 China Solvent Market Size 2021 - 2033
-
4.2.1 China Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.2.2 China Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.3 Japan Solvent Market Size 2021 - 2033
-
4.3.1 Japan Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.3.2 Japan Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.4 South Korea Solvent Market Size 2021 - 2033
-
4.4.1 South Korea Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.4.2 South Korea Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.5 India Solvent Market Size 2021 - 2033
-
4.5.1 India Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.5.2 India Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.6 Australia Solvent Market Size 2021 - 2033
-
4.6.1 Australia Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.6.2 Australia Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.7 Singapore Solvent Market Size 2021 - 2033
-
4.7.1 Singapore Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.7.2 Singapore Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.8 Taiwan Solvent Market Size 2021 - 2033
-
4.8.1 Taiwan Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.8.2 Taiwan Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.9 South East Asia Solvent Market Size 2021 - 2033
-
4.9.1 South East Asia Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.9.2 South East Asia Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
4.10 Rest of APAC Solvent Market Size 2021 - 2033
-
4.10.1 Rest of APAC Solvent Market Size by Product Type Outlook: 2021 - 2033
-
4.10.2 Rest of APAC Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter will help you gain South America Market Analysis of Solvent. Further deep in this chapter, you will be able to review South America Solvent Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
-
5.1 South America Solvent Market Size 2021 - 2033
-
5.1.1 South America Solvent Market Size By Country 2021 - 2033
-
5.1.2 South America Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.1.2.1 South America Alcohol-based Solvents Market Size
-
5.1.2.2 South America Hydrocarbon Solvents Market Size
-
5.1.2.3 South America Ketone-based Solvents Market Size
-
5.1.2.4 South America Ester Solvents Market Size
-
5.1.2.5 South America Chlorinated Solvents Market Size
-
5.1.2.6 South America Other Solvents (Bio-solvents and Glycols) Market Size
-
-
5.1.3 South America Solvent Market Size by Applications Outlook: 2021 - 2033
-
5.1.3.1 South America Paints and Coatings Market Size
-
5.1.3.2 South America Printing Inks Market Size
-
5.1.3.3 South America Pharmaceuticals Market Size
-
5.1.3.4 South America Cosmetics and Adhesives Market Size
-
5.1.3.5 South America Others (Cleaning and Deicing) Market Size
-
-
-
5.2 Brazil Solvent Market Size 2021 - 2033
-
5.2.1 Brazil Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.2.2 Brazil Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
5.3 Argentina Solvent Market Size 2021 - 2033
-
5.3.1 Argentina Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.3.2 Argentina Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
5.4 Colombia Solvent Market Size 2021 - 2033
-
5.4.1 Colombia Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.4.2 Colombia Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
5.5 Peru Solvent Market Size 2021 - 2033
-
5.5.1 Peru Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.5.2 Peru Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
5.6 Chile Solvent Market Size 2021 - 2033
-
5.6.1 Chile Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.6.2 Chile Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
5.7 Rest of South America Solvent Market Size 2021 - 2033
-
5.7.1 Rest of South America Solvent Market Size by Product Type Outlook: 2021 - 2033
-
5.7.2 Rest of South America Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter will help you gain Middle East Market Analysis of Solvent. Further deep in this chapter, you will be able to review Middle East Solvent Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
-
6.1 Middle East Solvent Market Size 2021 - 2033
-
6.1.1 Middle East Solvent Market Size By Country 2021 - 2033
-
6.1.2 Middle East Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.1.2.1 Middle East Alcohol-based Solvents Market Size
-
6.1.2.2 Middle East Hydrocarbon Solvents Market Size
-
6.1.2.3 Middle East Ketone-based Solvents Market Size
-
6.1.2.4 Middle East Ester Solvents Market Size
-
6.1.2.5 Middle East Chlorinated Solvents Market Size
-
6.1.2.6 Middle East Other Solvents (Bio-solvents and Glycols) Market Size
-
-
6.1.3 Middle East Solvent Market Size by Applications Outlook: 2021 - 2033
-
6.1.3.1 Middle East Paints and Coatings Market Size
-
6.1.3.2 Middle East Printing Inks Market Size
-
6.1.3.3 Middle East Pharmaceuticals Market Size
-
6.1.3.4 Middle East Cosmetics and Adhesives Market Size
-
6.1.3.5 Middle East Others (Cleaning and Deicing) Market Size
-
-
-
6.2 Saudi Arabia Solvent Market Size 2021 - 2033
-
6.2.1 Saudi Arabia Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.2.2 Saudi Arabia Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
6.3 Turkey Solvent Market Size 2021 - 2033
-
6.3.1 Turkey Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.3.2 Turkey Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
6.4 UAE Solvent Market Size 2021 - 2033
-
6.4.1 UAE Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.4.2 UAE Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
6.5 Egypt Solvent Market Size 2021 - 2033
-
6.5.1 Egypt Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.5.2 Egypt Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
6.6 Qatar Solvent Market Size 2021 - 2033
-
6.6.1 Qatar Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.6.2 Qatar Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
6.7 Rest of Middle East Solvent Market Size 2021 - 2033
-
6.7.1 Rest of Middle East Solvent Market Size by Product Type Outlook: 2021 - 2033
-
6.7.2 Rest of Middle East Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter will help you gain Middle East Market Analysis of Solvent. Further deep in this chapter, you will be able to review Middle East Solvent Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
-
7.1 Africa Solvent Market Size 2021 - 2033
-
7.1.1 Africa Solvent Market Size By Country 2021 - 2033
-
7.1.2 Africa Solvent Market Size by Product Type Outlook: 2021 - 2033
-
7.1.2.1 Africa Alcohol-based Solvents Market Size
-
7.1.2.2 Africa Hydrocarbon Solvents Market Size
-
7.1.2.3 Africa Ketone-based Solvents Market Size
-
7.1.2.4 Africa Ester Solvents Market Size
-
7.1.2.5 Africa Chlorinated Solvents Market Size
-
7.1.2.6 Africa Other Solvents (Bio-solvents and Glycols) Market Size
-
-
7.1.3 Africa Solvent Market Size by Applications Outlook: 2021 - 2033
-
7.1.3.1 Africa Paints and Coatings Market Size
-
7.1.3.2 Africa Printing Inks Market Size
-
7.1.3.3 Africa Pharmaceuticals Market Size
-
7.1.3.4 Africa Cosmetics and Adhesives Market Size
-
7.1.3.5 Africa Others (Cleaning and Deicing) Market Size
-
-
-
7.2 Nigeria Solvent Market Size 2021 - 2033
-
7.2.1 Nigeria Solvent Market Size by Product Type Outlook: 2021 - 2033
-
7.2.2 Nigeria Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
7.3 South Africa Solvent Market Size 2021 - 2033
-
7.3.1 South Africa Solvent Market Size by Product Type Outlook: 2021 - 2033
-
7.3.2 South Africa Solvent Market Size by Applications Outlook: 2021 - 2033
-
-
7.4 Rest of Africa Solvent Market Size 2021 - 2033
-
7.4.1 Rest of Africa Solvent Market Size by Product Type Outlook: 2021 - 2033
-
7.4.2 Rest of Africa Solvent Market Size by Applications Outlook: 2021 - 2033
-
This chapter provides an in-depth analysis of the market share among key competitors of Solvent. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
-
8.1 Top Competitors Analysis
-
8.1.1 Top Players Ranking 2024
-
8.1.2 Global Solvent Market Revenue and Share by Key Players
(Subject to Data Availability (Private Players))
-
8.1.3 Industry Mergers and Acquisition Analysis
-
8.1.4 New Product Launch Analysis
-
-
8.2 Company Profile (Data Subject to Availability) Sample Format
-
8.2.1 BASF SE
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.1.2 Business Overview
-
8.2.1.3 Financials (Subject to data availability)
-
8.2.1.4 Product Types Specification
-
8.2.1.5 Business Strategy
-
8.2.1.6 S.W.O.TAnalysis
-
-
8.2.2 Dow
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.2.2 Business Overview
-
8.2.2.3 Financials (Subject to data availability)
-
8.2.2.4 Product Types Specification
-
8.2.2.5 Business Strategy
-
8.2.2.6 S.W.O.TAnalysis
-
-
8.2.3 Exxon Mobil Corporation
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.3.2 Business Overview
-
8.2.3.3 Financials (Subject to data availability)
-
8.2.3.4 Product Types Specification
-
8.2.3.5 Business Strategy
-
8.2.3.6 S.W.O.TAnalysis
-
-
8.2.4 SABIC
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.4.2 Business Overview
-
8.2.4.3 Financials (Subject to data availability)
-
8.2.4.4 Product Types Specification
-
8.2.4.5 Business Strategy
-
8.2.4.6 S.W.O.TAnalysis
-
-
8.2.5 LyondellBasell Industries Holdings B.V.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.5.2 Business Overview
-
8.2.5.3 Financials (Subject to data availability)
-
8.2.5.4 Product Types Specification
-
8.2.5.5 Business Strategy
-
8.2.5.6 S.W.O.TAnalysis
-
-
8.2.6 Shell Chemicals
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.6.2 Business Overview
-
8.2.6.3 Financials (Subject to data availability)
-
8.2.6.4 Product Types Specification
-
8.2.6.5 Business Strategy
-
8.2.6.6 S.W.O.TAnalysis
-
-
8.2.7 Akzo Nobel N.V.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.7.2 Business Overview
-
8.2.7.3 Financials (Subject to data availability)
-
8.2.7.4 Product Types Specification
-
8.2.7.5 Business Strategy
-
8.2.7.6 S.W.O.TAnalysis
-
-
8.2.8 INEOS
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.8.2 Business Overview
-
8.2.8.3 Financials (Subject to data availability)
-
8.2.8.4 Product Types Specification
-
8.2.8.5 Business Strategy
-
8.2.8.6 S.W.O.TAnalysis
-
-
8.2.9 Huntsman International LLC.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.9.2 Business Overview
-
8.2.9.3 Financials (Subject to data availability)
-
8.2.9.4 Product Types Specification
-
8.2.9.5 Business Strategy
-
8.2.9.6 S.W.O.TAnalysis
-
-
8.2.10 Eastman Chemical Company
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.10.2 Business Overview
-
8.2.10.3 Financials (Subject to data availability)
-
8.2.10.4 Product Types Specification
-
8.2.10.5 Business Strategy
-
8.2.10.6 S.W.O.TAnalysis
-
-
8.2.11 Mitsubishi Chemical Group Corporation
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.11.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.11.2 Business Overview
-
8.2.11.3 Financials (Subject to data availability)
-
8.2.11.4 Product Types Specification
-
8.2.11.5 Business Strategy
-
8.2.11.6 S.W.O.TAnalysis
-
-
8.2.12 Sumitomo Chemical Co. Ltd.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.12.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.12.2 Business Overview
-
8.2.12.3 Financials (Subject to data availability)
-
8.2.12.4 Product Types Specification
-
8.2.12.5 Business Strategy
-
8.2.12.6 S.W.O.TAnalysis
-
-
8.2.13 LG Chem
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.13.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.13.2 Business Overview
-
8.2.13.3 Financials (Subject to data availability)
-
8.2.13.4 Product Types Specification
-
8.2.13.5 Business Strategy
-
8.2.13.6 S.W.O.TAnalysis
-
-
8.2.14 Formosa Plastics Corporation
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
-
8.2.14.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
-
8.2.14.2 Business Overview
-
8.2.14.3 Financials (Subject to data availability)
-
8.2.14.4 Product Types Specification
-
8.2.14.5 Business Strategy
-
8.2.14.6 S.W.O.TAnalysis
-
-
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
-
9.1 Impact of Trump's Tariff War on Solvent Market Data
-
9.1.1 Policy Shifts That Influence the Solvent Market
-
9.1.2 Tariff and their Long-Term Impact on the Solvent Market
-
9.1.3 Trade Wars and Supply Chain Changes in the Solvent Market
-
9.1.4 Regional and Geopolitical implications in the Solvent Market
-
9.1.5 Tax Reforms and Business Expansion in the Solvent Market
-
9.1.6 Investor Sentiment in Key Segments of the Solvent Market
-
9.1.7 Environmental Rollbacks and ESG Implications in the Solvent Market
-
9.1.8 Consumer Behavior and Brand Perception in the Politicized in Solvent Market
-
9.1.9 Strategic takeaways for future administration in Solvent Market
-
-
9.2 Market Drivers
-
9.3 Market Restraints
-
9.4 Market Trends
-
9.5 Market Opportunity
-
9.6 Technological Road Map (Subject to Data Availability)
-
9.7 Product Life Cycle (Subject to Data Availability)
-
9.8 Consumer Preference Analysis
-
9.9 Market Attractiveness Analysis
-
9.10 PESTEL Analysis
-
9.10.1 Political Factors
-
9.10.2 Economic Factors
-
9.10.3 Social Factors
-
9.10.4 Technological Factors
-
9.10.5 Legal Factors
-
9.10.6 Environmental Factors
-
-
9.11 Industrial Chain Analysis (Subject to Data Availability)
-
9.11.1 Industry Chain Analysis
-
9.11.2 Manufacturing Cost Analysis
-
9.11.3 Supply Side Analysis
-
9.11.3.1 Raw Material Analysis
-
9.11.3.2 Raw Material Procurement Analysis
-
9.11.3.3 Raw Material Price Trend Analysis
-
-
-
9.12 Porter’s Five Forces Analysis
-
9.12.1 Bargaining Power of Suppliers
-
9.12.2 Bargaining Power of Buyers
-
9.12.3 Threat of New Entrants
-
9.12.4 Threat of Substitutes
-
9.12.5 Degree of Competition
-
-
9.13 Patent Analysis (Subject to Data Availability)
-
9.14 ESG Analysis
Segmentation Product Type Outlook: Analysis 2019 -2031, will provide market size split by Product Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Outlook: Analysis 2021 - 2033
-
10.1 Alcohol-based Solvents
-
10.1.1 Global Solvent Revenue Market Size and Share by Alcohol-based Solvents 2021 - 2033
-
-
10.2 Hydrocarbon Solvents
-
10.2.1 Global Solvent Revenue Market Size and Share by Hydrocarbon Solvents 2021 - 2033
-
-
10.3 Ketone-based Solvents
-
10.3.1 Global Solvent Revenue Market Size and Share by Ketone-based Solvents 2021 - 2033
-
-
10.4 Ester Solvents
-
10.4.1 Global Solvent Revenue Market Size and Share by Ester Solvents 2021 - 2033
-
-
10.5 Chlorinated Solvents
-
10.5.1 Global Solvent Revenue Market Size and Share by Chlorinated Solvents 2021 - 2033
-
-
10.6 Other Solvents (Bio-solvents and Glycols)
-
10.6.1 Global Solvent Revenue Market Size and Share by Other Solvents (Bio-solvents and Glycols) 2021 - 2033
-
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Applications Outlook: Analysis 2021 - 2033
-
11.1 Paints and Coatings
-
11.1.1 Global Solvent Revenue Market Size and Share by Paints and Coatings 2021 - 2033
-
-
11.2 Printing Inks
-
11.2.1 Global Solvent Revenue Market Size and Share by Printing Inks 2021 - 2033
-
-
11.3 Pharmaceuticals
-
11.3.1 Global Solvent Revenue Market Size and Share by Pharmaceuticals 2021 - 2033
-
-
11.4 Cosmetics and Adhesives
-
11.4.1 Global Solvent Revenue Market Size and Share by Cosmetics and Adhesives 2021 - 2033
-
-
11.5 Others (Cleaning and Deicing)
-
11.5.1 Global Solvent Revenue Market Size and Share by Others (Cleaning and Deicing) 2021 - 2033
-
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Solvent market
Chapter 12 Research Findings
-
12.1 Key Takeaways
-
12.2 Analyst Point of View
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
-
12.3 Assumptions and Acronyms
Chapter 13 Research Methodology and Sources
-
13.1 Primary Data Collection
-
13.1.1 Steps for Primary Data Collection
-
13.1.1.1 Identification of KOL
-
-
13.1.2 Backward Integration
-
13.1.3 Forward Integration
-
13.1.4 How Primary Research Help Us
-
13.1.5 Modes of Primary Research
-
-
13.2 Secondary Research
-
13.2.1 How Secondary Research Help Us
-
13.2.2 Sources of Secondary Research
-
-
13.3 Data Validation
-
13.3.1 Data Triangulation
-
13.3.2 Top Down & Bottom Up Approach
-
13.3.3 Cross check KOL Responses with Secondary Data
-
-
13.4 Data Representation
Sample Format of Deliverables
The Tables, Graphs/Charts are only for representative purposes and do not depict actual statistics. Purchase full Report access to actual data.
Qualitative Analysis
Research Methodology Implemented by Ashwini Moharir and Team
- 1 Data Gathering
- 1.1 Primary Research
- 1.1.1 Steps for Primary Data Collection
- 1.1.1.1 Identification of KOL
- 1.1.1.2 Backward Integration
- 1.1.1.3 Forward Integration
- 1.1.1.4 How Primary Research Help Us
- 1.1.1.5 Modes of Primary Research
- 1.1.1 Steps for Primary Data Collection
- 1.2 Secondary Research
- 1.2.1 How Secondary Research Help Us
- 1.2.2 Sources of Secondary Research
- 1.1 Primary Research
- 2 Data Validation
- 2.1 Cross check KOL Responses with Secondary Data
- 2.2 Top Down & Bottom Up Approach
- 2.3 Data Triangulation
- 3 Data Representation
Key Questions Answered By Solvent Market Report 2025
| Why Alcohol-based Solvents have a significant impact on Solvent market? |
| What are the key factors affecting the Alcohol-based Solvents and Hydrocarbon Solvents of Solvent Market? |
| What is the CAGR/Growth Rate of Paints and Coatings during the forecast period? |
| By type, which segment accounted for largest share of the global Solvent Market? |
| Which region is expected to dominate the global Solvent Market within the forecast period? |
| Segmentation Level Customization |
|
| Global level Data Customization |
|
| Region level Data Customization |
|
| Country level Data Customization |
|
| Company Level |
|
| Additional Data Analysis |
|
| Additional Qualitative Data |
|
| Additional Quantitative Data |
|
| Service Level Customization |
|
Report Format Alteration |
|
