Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Solvent Market Size, Share, Trends and Forecast by Product, Source, Application, and Region, 2025-2033
Report Format: PDF+Excel | Report ID: SR112024A5015
Buy Now
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Solvent Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Alcohols
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hydrocarbons
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ketones
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Esters
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Chlorinated
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Source
7.1 Petrochemical-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Bio and Green
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Paints and Coatings
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Printing Inks
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pharmaceuticals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Cosmetics and Adhesives
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Archer-Daniels-Midland Company
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Ashland Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Bharat Petroleum Corporation Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 bp p.l.c.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Celanese Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Dow Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Eastman Chemical Company
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Exxon Mobil Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Honeywell International Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Huntsman Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 LyondellBasell Industries N.V.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Royal Dutch Shell plc
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.14 Sasol Limited
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
14.3.15 Solvay S.A.
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.15.3 Financials
14.3.15.4 SWOT Analysis
List of Figures
Figure 1: Global: Solvent Market: Major Drivers and Challenges
Figure 2: Global: Solvent Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Solvent Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Solvent Market: Breakup by Product (in %), 2024
Figure 5: Global: Solvent Market: Breakup by Source (in %), 2024
Figure 6: Global: Solvent Market: Breakup by Application (in %), 2024
Figure 7: Global: Solvent Market: Breakup by Region (in %), 2024
Figure 8: Global: Solvent (Alcohols) Market: Sales Value (in Million USD), 2019 & 2024
Figure 9: Global: Solvent (Alcohols) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 10: Global: Solvent (Hydrocarbons) Market: Sales Value (in Million USD), 2019 & 2024
Figure 11: Global: Solvent (Hydrocarbons) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 12: Global: Solvent (Ketones) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: Solvent (Ketones) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: Solvent (Esters) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: Solvent (Esters) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: Solvent (Chlorinated) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: Solvent (Chlorinated) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: Solvent (Other Products) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: Solvent (Other Products) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: Solvent (Petrochemical-based) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: Solvent (Petrochemical-based) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: Solvent (Bio and Green) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: Solvent (Bio and Green) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: Solvent (Paints and Coatings) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: Solvent (Paints and Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: Global: Solvent (Printing Inks) Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: Global: Solvent (Printing Inks) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Global: Solvent (Pharmaceuticals) Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Global: Solvent (Pharmaceuticals) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Global: Solvent (Cosmetics and Adhesives) Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Global: Solvent (Cosmetics and Adhesives) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Global: Solvent (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Global: Solvent (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: North America: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: North America: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: United States: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: United States: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: Canada: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: Canada: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Asia-Pacific: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Asia-Pacific: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: China: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: China: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Japan: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Japan: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: India: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: India: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 48: South Korea: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 49: South Korea: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 50: Australia: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 51: Australia: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 52: Indonesia: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 53: Indonesia: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 54: Others: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 55: Others: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 56: Europe: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 57: Europe: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 58: Germany: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 59: Germany: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 60: France: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 61: France: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 62: United Kingdom: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 63: United Kingdom: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 64: Italy: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 65: Italy: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 66: Spain: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 67: Spain: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 68: Russia: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 69: Russia: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 70: Others: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 71: Others: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 72: Latin America: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 73: Latin America: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 74: Brazil: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 75: Brazil: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 76: Mexico: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 77: Mexico: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 78: Others: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 79: Others: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 80: Middle East and Africa: Solvent Market: Sales Value (in Million USD), 2019 & 2024
Figure 81: Middle East and Africa: Solvent Market: Breakup by Country (in %), 2024
Figure 82: Middle East and Africa: Solvent Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 83: Global: Solvent Industry: SWOT Analysis
Figure 84: Global: Solvent Industry: Value Chain Analysis
Figure 85: Global: Solvent Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Solvent Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Solvent Market Forecast: Breakup by Product (in Million USD), 2025-2033
Table 3: Global: Solvent Market Forecast: Breakup by Source (in Million USD), 2025-2033
Table 4: Global: Solvent Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 5: Global: Solvent Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 6: Global: Solvent Market: Competitive Structure
Table 7: Global: Solvent Market: Key Players
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More