Global Isoparaffin Solvents Market Growth 2023-2029

Global Isoparaffin Solvents Market Growth 2023-2029

Isoparaffin is a synthetic solvent with a unique combination of flash point, evaporation rate and boiling range. It is produced by using a carefully controlled process condition and feedstocks which give the resulting Isoparaffin a consistent structure, composition, performance properties and low impurities. It is odorless hence it suitable for use in printing inks, hand cleaners, odorless paints, photocopiers, dry cleaning, household sprays, fragrant polishes and wallpaper manufacture.

LPI (LP Information)' newest research report, the “Isoparaffin Solvents Industry Forecast” looks at past sales and reviews total world Isoparaffin Solvents sales in 2022, providing a comprehensive analysis by region and market sector of projected Isoparaffin Solvents sales for 2023 through 2029. With Isoparaffin Solvents sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isoparaffin Solvents industry.

This Insight Report provides a comprehensive analysis of the global Isoparaffin Solvents landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isoparaffin Solvents portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isoparaffin Solvents market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isoparaffin Solvents and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isoparaffin Solvents.

The global Isoparaffin Solvents market size is projected to grow from US$ 389.7 million in 2022 to US$ 500.6 million in 2029; it is expected to grow at a CAGR of 500.6 from 2023 to 2029.

Asia-Pacific is the largest region of isoparaffin solvents, with a market share about 45%, followed by North America and Europe. The industry's leading producers are Shell, ExxonMobil Chemical and Idemitsu.The top 3 companies hold a share about 60%.In terms of product, C12 is the largest segment, with a share over 40%. And in terms of application, the largest application is metalworking, followed by cleaning.

This report presents a comprehensive overview, market shares, and growth opportunities of Isoparaffin Solvents market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

C8

C12

C16

C20

Other

Segmentation by application

Paints & Coatings

Metalworking

Agrochemical Formulation

Polymers

Cleaning

Personal Care

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ExxonMobil Chemical

Shell

Idemitsu

Total

Chevron Phillips Chemical Company

INEOS

Braskem

Yitai Ningneng Fine Chemicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Isoparaffin Solvents market?

What factors are driving Isoparaffin Solvents market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Isoparaffin Solvents market opportunities vary by end market size?

How does Isoparaffin Solvents break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.