APAC Solvents Market - Industry Trends and Forecast to 2030
The solvents market is expected to reach USD 42,627.99 Million by 2030 from USD 29,343.32 Million in 2022, growing at a CAGR of 5.0% in the forecast period of 2023 to 2030
Market Segmentation: Asia-Pacific Solvents Market, By Category (Oxygenated Solvents, Hydrocarbon Solvents, Halogenated Solventsy Source (Conventional, Bio-Based), Application (Paints and Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care, Polymer Manufacturing, Agricultural Chemicals, Metal Cleaning Country (China, India, Japan, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Overview of Solvents Market Dynamics:
Driver • Growing demand for solvents in paints and coatings industry Restrain
• Health and safety concerns related to the usage of solvents Opportunity
• Shifting focus of manufacturers towards eco-friendly solvents
Market Players:
The key players operating in the solvents market are: • Arkema • INVISTA ( A Subsidiary of Koch Industries, Inc.) • Ashland • Bharat Petroleum Corporation Limited • Huntsman International LLC • Solvay • ADM • Shell Global • BP p.l.c. • Eastman Chemical Company • INEOS GROUP HOLDINGS S.A. • BASF SE • Celanese Corporation • Cargill, Incorporated • Reliance Industries Limited • Honeywell International Inc. • LyondellBasell Industries Holding B.V. • Exxon Mobil Corporation • Monument Chemical • Dow • Olin Corporation
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview
1.4 Limitation
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Product Life Line Curve
2.7 Multivariate Modeling
2.8 Primary Interviews With Key Opinion Leaders
2.9 Dbmr Market Position Grid
2.10 Market Application Coverage Grid
2.11 Dbmr Market Challenge Matrix
2.12 Dbmr Vendor Share Analysis
2.13 Secondary Sources
2.14 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestle Analysis
4.1.1 Political Factors
4.1.2 Economic Factors
4.1.3 Social Factors
4.1.4 Technological Factors
4.1.5 Legal Factors
4.1.6 Environmental Factors
4.2 Porter's Five Forces:
4.2.1 The Threat Of New Entrants:
4.2.2 The Threat Of Substitutes:
4.2.3 Customer Bargaining Power:
4.2.4 Supplier Bargaining Power:
4.2.5 Internal Competition (Rivalry):
4.3 Climate Change Scenario
4.3.1 Environmental Concerns
4.3.2 Industry Response
4.3.3 Government’s Role
4.3.4 Analyst Recommendation
4.4 Production Analysis
4.4.1 Production Analysis
4.5 Supply Chain Analysis
4.5.1 Overview
4.5.2 Logistic Cost Scenario
4.5.3 Importance Of Logistics Service Providers
4.6 Vendor Selection Criteria
4.7 List Of Key Buyers
4.8 Raw Material Coverage
4.9 Technological Advancements By Manufacturers
5 Regulation Coverage
6 Market Overview
6.1 Drivers
6.1.1 Growing Demand For Solvents In The Paints And Coatings Industry
6.1.2 Rising Usage Of Printing Inks For Different Industrial Applications
6.1.3 Positive Outlook Toward Beauty & Personal Care Products Industry
6.1.4 Growing Adoption Of Polymers And Rubbers Across Various Segments
6.1.5 Positive Outlook Toward The Agrochemicals Industry
6.1.6 Increasing Spending In The Pharmaceutical Sector
6.2 Restraints
6.2.1 Health And Safety Concerns Related To The Usage Of Solvents
6.2.2 Technical Complexities In Solvent Recovery And Reuse
6.3 Opportunities
6.3.1 Shifting The Focus Of Manufacturers Toward Eco-friendly Solvents
6.3.2 Immense Potential In The Renewable Energy Sector
6.4 Challenges
6.4.1 Issues In Transportation And Storage Of Solvents
6.4.2 Stringent Rules And Regulations
7 Asia-pacific Solvents Market, By Region
7.1 Asia-pacific
7.1.1 China
7.1.2 India
7.1.3 Japan
7.1.4 South Korea
7.1.5 Singapore
7.1.6 Thailand
7.1.7 Indonesia
7.1.8 Malaysia
7.1.9 Philippines
7.1.10 Australia & New Zealand
7.1.11 Rest Of Asia-pacific
8 Asia-pacific Solvents Market: Company Landscape
8.1 Company Share Analysis: Asia-pacific
8.2 Product Launch
8.3 Agreement
8.4 Acquisition
8.5 Award
9 Swot Analysis
10 Company Profile
10.1 Adm
10.1.1 Company Snapshot
10.1.2 Company Share Analysis
10.1.3 Product Portfolio
10.1.4 Revenue Analysis
10.1.5 Recent Developments
10.2 Reliance Industries Limited
10.2.1 Company Snapshot
10.2.2 Revenue Analysis
10.2.3 Company Share Analysis
10.2.4 Product Portfolio
10.2.5 Recent Developments
10.3 Bp P.L.C.
10.3.1 Company Snapshot
10.3.2 Revenue Analysis
10.3.3 Company Share Analysis
10.3.4 Product Portfolio
10.3.5 Recent Developments
10.4 Eastman Chemical Company (2022)
10.4.1 Company Snapshot
10.4.2 Revenue Analysis
10.4.3 Company Share Analysis
10.4.4 Product Portfolio
10.4.5 Recent Updates
10.5 Bharat Petroleum Corporation Limited (2022)
10.5.1 Company Snapshot
10.5.2 Revenue Analysis
10.5.3 Company Share Analysis
10.5.4 Product Portfolio
10.5.5 Recent Development
10.6 Olin Corporation
10.6.1 Company Snapshot
10.6.2 Revenue Analysis
10.6.3 Product Portfolio
10.6.4 Recent Developments
10.7 Arkema (2022)
10.7.1 Company Snapshot
10.7.2 Revenue Analysis
10.7.3 Product Portfolio
10.7.4 Recent Development
10.8 Ashland.(2022)
10.8.1 Company Snapshot
10.8.2 Revenue Analysis
10.8.3 Product Portfolio
10.8.4 Recent Update
10.9 Basf Se
10.9.1 Company Snapshot
10.9.2 Revenue Analysis
10.9.3 Product Portfolio
10.9.4 Recent Update
10.10 Cargill, Incorporated
10.10.1 Company Snapshot
10.10.2 Revenue Analysis
10.10.3 Product Portfolio
10.10.4 Recent Development
10.11 Celanese Corporaton(2022)
10.11.1 Company Snapshot
10.11.2 Revenue Analysis
10.11.3 Product Portfolio
10.11.4 Recent Update
10.12 Dow
10.12.1 Company Snapshot
10.12.2 Revenue Analysis
10.12.3 Product Portfolio
10.12.4 Recent Developments
10.13 Exxon Mobil Corporation(2022)
10.13.1 Company Snapshot
10.13.2 Revenue Analysis
10.13.3 Product Portfolio
10.13.4 Recent Updates
10.14 Honeywell International Inc. (2022)
10.14.1 Company Snapshot
10.14.2 Revenue Analysis
10.14.3 Product Portfolio
10.14.4 Recent Developments
10.15 Huntsman International Llc (2022)
10.15.1 Company Snapshot
10.15.2 Revenue Analysis
10.15.3 Product Portfolio
10.15.4 Recent Development
10.16 Ineos Group Holdings S.A. (2022)
10.16.1 Company Snapshot
10.16.2 Revenue Analysis
10.16.3 Product Portfolio
10.16.4 Recent Development
10.17 Invista (A Subsidriary Of Koch Industries, Inc.)