Solvents Market by Type (Inorganic, Organic), Polarity (Non-Polar, Polar), Product, Application - Global Forecast 2024-2030

Solvents Market by Type (Inorganic, Organic), Polarity (Non-Polar, Polar), Product, Application - Global Forecast 2024-2030


The Solvents Market size was estimated at USD 24.73 billion in 2023 and expected to reach USD 26.25 billion in 2024, at a CAGR 6.32% to reach USD 38.00 billion by 2030.

Global Solvents Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Solvents Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Solvents Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Solvents Market, highlighting leading vendors and their innovative profiles. These include Arkema SA, BASF SE, Bharat Petroleum Corporation Limited, BP p.l.c., Cargill, Incorporated, Celanese Corporation, Eastman Chemical Company, Exxon Mobil Corporation, HCS Group GmbH, Honeywell International Inc., Huntsman International LLC, Industrial Solvents & Chemicals Pvt. Ltd., INEOS AG, Kuraray Europe GmbH, LCY Group, LyondellBasell Industries Holdings B.V., Merck KGaA, Mitsubishi Chemical Corporation, Sasol, SEQENS, Shell Chemicals, Sparchem, The Dow Chemical Company, The Solvay Group, and TotalEnergies SA.

Market Segmentation & Coverage



This research report categorizes the Solvents Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Inorganic
Organic
Polarity
Non-Polar
Polar
Product
Hydrocarbon Solvents
Aliphatic
Aromatic
Halogenated
Oxygenated
Alcohols
Esters
Glycol Ethers
Glycols
Ketones
Application
Adhesives
Agricultural Chemicals
Metal Cleaning
Paints & Coatings
Personal Care
Pharmaceuticals
Polymer Manufacturing
Printing Inks
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Solvents Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Solvents Market?
3. What are the technology trends and regulatory frameworks in the Solvents Market?
4. What is the market share of the leading vendors in the Solvents Market?
5. Which modes and strategic moves are suitable for entering the Solvents Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Solvents Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Surge in demand from the paint and coating industry
5.1.1.2. Rising use in textile or consumer goods industries
5.1.1.3. Growing use of alcoholic solvents in various applications
5.1.2. Restraints
5.1.2.1. Hazardous impact caused by the solvents
5.1.3. Opportunities
5.1.3.1. Widening role of solvents in the cosmetic industry
5.1.3.2. Development of eco-friendly and greener solvents
5.1.4. Challenges
5.1.4.1. Stringent regulations regarding the use of solvents
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Solvents Market, by Type
6.1. Introduction
6.2. Inorganic
6.3. Organic
7. Solvents Market, by Polarity
7.1. Introduction
7.2. Non-Polar
7.3. Polar
8. Solvents Market, by Product
8.1. Introduction
8.2. Hydrocarbon Solvents
8.3.1. Aliphatic
8.3.2. Aromatic
8.3.3. Halogenated
8.3. Oxygenated
8.4.1. Alcohols
8.4.2. Esters
8.4.3. Glycol Ethers
8.4.4. Glycols
8.4.5. Ketones
9. Solvents Market, by Application
9.1. Introduction
9.2. Adhesives
9.3. Agricultural Chemicals
9.4. Metal Cleaning
9.5. Paints & Coatings
9.6. Personal Care
9.7. Pharmaceuticals
9.8. Polymer Manufacturing
9.9. Printing Inks
10. Americas Solvents Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Solvents Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Solvents Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Arkema SA
14.1.2. BASF SE
14.1.3. Bharat Petroleum Corporation Limited
14.1.4. BP p.l.c.
14.1.5. Cargill, Incorporated
14.1.6. Celanese Corporation
14.1.7. Eastman Chemical Company
14.1.8. Exxon Mobil Corporation
14.1.9. HCS Group GmbH
14.1.10. Honeywell International Inc.
14.1.11. Huntsman International LLC
14.1.12. Industrial Solvents & Chemicals Pvt. Ltd.
14.1.13. INEOS AG
14.1.14. Kuraray Europe GmbH
14.1.15. LCY Group
14.1.16. LyondellBasell Industries Holdings B.V.
14.1.17. Merck KGaA
14.1.18. Mitsubishi Chemical Corporation
14.1.19. Sasol
14.1.20. SEQENS
14.1.21. Shell Chemicals
14.1.22. Sparchem
14.1.23. The Dow Chemical Company
14.1.24. The Solvay Group
14.1.25. TotalEnergies SA
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. SOLVENTS MARKET RESEARCH PROCESS
FIGURE 2. SOLVENTS MARKET SIZE, 2023 VS 2030
FIGURE 3. SOLVENTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SOLVENTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SOLVENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SOLVENTS MARKET DYNAMICS
FIGURE 7. SOLVENTS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. SOLVENTS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SOLVENTS MARKET SIZE, BY POLARITY, 2023 VS 2030 (%)
FIGURE 10. SOLVENTS MARKET SIZE, BY POLARITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SOLVENTS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 12. SOLVENTS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. SOLVENTS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. SOLVENTS MARKET SHARE, BY KEY PLAYER, 2023

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