Global oxygenated solvents market is expected to reach approximately USD 40.05 billion by 2024, growing at a CAGR of slightly above 11.15% between 2018 and 2024. The flourishing construction sector in various regions is likely to increase the demand for paints and coatings. This factor is indirectly expected to positively impact the market for oxygenated solvents globally.
Oxygenated Solvents Market
The report covers a forecast and an analysis of the oxygenated solvents market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on both volume (Kilotons) and revenue (USD Billion). The study includes drivers and restraints for the oxygenated solvents market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the oxygenated solvents market on a global level.
This report offers a comprehensive analysis of the global oxygenated solvents market along with market trends, drivers, and restraints of the oxygenated solvents market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the oxygenated solvents market by segmenting the market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on the type, the market is segmented into alcohols, esters, ketones, glycol ethers, glycol, and bio and green solvents. The application is segmented into paints and coatings, crop protection, pharmaceuticals, cleaners, personal care, lubricants, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. Each region has been further segmented into major countries, such as the U.S., UK, France, Germany, China, India, Japan, and Brazil.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global oxygenated solvents market, such as BASF SE, The Dow Chemical Company, OXEA GmbH, Eastman Chemical Company, LyondellBasell Industries N.V., Royal Dutch Shell PLC, ExxonMobil, INEOS, China Petroleum & Chemical Corporation (Sinopec), and Petroleum Nasional Berhad (PETRONAS), among others.
This report segments the global oxygenated solvents market into:
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