Global Isoparaffin Solvents Market Growth 2024-2030

Global Isoparaffin Solvents Market Growth 2024-2030

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.

The global Isoparaffin Solvents market size is projected to grow from US$ 434 million in 2024 to US$ 525 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Isoparaffin Solvents Industry Forecast” looks at past sales and reviews total world Isoparaffin Solvents sales in 2023, providing a comprehensive analysis by region and market sector of projected Isoparaffin Solvents sales for 2024 through 2030. 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 core manufacturers of Isoparaffin Solvents include Shell, ExxonMobil Chemical and Idemitsu. The top three companies have about 44 per cent of the market. China is the world's largest Isoparaffin Solvents market with a market share of about 29%, followed by the United States and Europe with a market share of 24% and 22%, respectively. In terms of product type, C12 is the largest segment with approximately 43% market share. In terms of application, Metalworking is the largest downstream segment, accounting for about 23% of the market.

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.

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 analysing the company's coverage, product portfolio, its market penetration.
ExxonMobil Chemical
Shell
Idemitsu
Total
Chevron Phillips Chemical Company
INEOS
Braskem
Inner Mongolia Yitai Group
Maruzen Petrochemical
SK

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 by Type, by Application?

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