Global Hydrocarbon Solvents Market Size, Share, Growth Analysis Report - Forecast 2034
Hydrocarbon Solvents Market By Type (Aliphatic Naphtha, Mineral Spirit, Heptane, Hexane, Aromatic), By Application (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubber & Polymer, Printing Inks, Pharmaceuticals, Agriculture Chemicals, Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 6.52 Billion | USD 10.42 Billion | 4.8% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- 1.3.3. Level 1: Primary Research
- 1.3.4. Level 2: Secondary Research
- 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
- 1.1. Report Description
- Chapter 2. Executive Summary
- 2.1. Global Hydrocarbon Sulvents Market, 2016-2026, (USD Million)
- 2.2. Hydrocarbon Sulvents Market: Market snapshot
- Chapter 3. Global Hydrocarbon Sulvents Market – Industry Analysis
- 3.1. Introduction
- 3.2. Industry ecosystem analysis
- 3.3. Technology landscape
- 3.4. Market Drivers
- 3.4.1. North America
- 3.4.2. Europe
- 3.4.3. Asia Pacific
- 3.4.4. Latin America
- 3.4.5. MEA
- 3.5. Restraints
- 3.6. Opportunity
- 3.7. Innovation & sustainability
- 3.8. Regulatory landscape
- 3.9. Porter’s Five Forces Analysis
- 3.10. PESTLE Analysis
- 3.11. Hydrocarbon Sulvents Market: Market Attractiveness Analysis
- 3.11.1. Market Attractiveness Analysis by Type Segment
- 3.11.2. Market Attractiveness Analysis by Application Segment
- Chapter 4. Global Hydrocarbon Sulvents Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2019
- 4.2. Strategic Development
- 4.2.1. Acquisitions and Mergers
- 4.2.2. New Product Launch
- 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
- 4.2.4. Research & Development and Regional Expansion
- Chapter 5. Hydrocarbon Sulvents Market – Type Segment Analysis
- 5.1. Global Hydrocarbon Sulvents Market Revenue Share, by Type, 2019 & 2026 (USD Million)
- 5.2. Global Hydrocarbon Sulvents Market by Aliphatic Hydrocarbons, 2016 – 2026 (USD Million)
- 5.3. Global Hydrocarbon Sulvents Market by Aromatic Hydrocarbons, 2016 – 2026 (USD Million)
- Chapter 6. Hydrocarbon Sulvents Market – Application Segment Analysis
- 6.1. Global Hydrocarbon Sulvents Market Revenue Share, by Application, 2019 & 2026 (USD Million)
- 6.2. Global Hydrocarbon Sulvents Market by Paints & Coatings, 2016 – 2026 (USD Million)
- 6.3. Global Hydrocarbon Sulvents Market by Dry Cleaning Fluids, 2016 – 2026 (USD Million)
- 6.4. Global Hydrocarbon Sulvents Market by Adhesives & Sealants, 2016 – 2026 (USD Million)
- 6.5. Global Hydrocarbon Sulvents Market by Edible Oils, 2016 – 2026 (USD Million)
- 6.6. Global Hydrocarbon Sulvents Market by Agriculture Chemicals, 2016 – 2026 (USD Million)
- 6.7. Global Hydrocarbon Sulvents Market by Rubber Tires, 2016 – 2026 (USD Million)
- 6.8. Global Hydrocarbon Sulvents Market by Others, 2016 – 2026 (USD Million)
- Chapter 7. Hydrocarbon Sulvents Market - Regional Analysis
- 7.1. Global Hydrocarbon Sulvents Market: Regional Overview
- 7.1.1. Global Hydrocarbon Sulvents Market Revenue Share, By Region, 2019 & 2026 (USD Million)
- 7.2. North America
- 7.2.1. North America Hydrocarbon Sulvents Market Revenue 2016 – 2026 (USD Million)
- 7.2.2. North America Hydrocarbon Sulvents Market Revenue, By Type, 2016 – 2026 (USD Million)
- 7.2.3. North America Hydrocarbon Sulvents Market Revenue, By Application, 2016 – 2026 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. U.S. Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.2.4.2. U.S. Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Canada Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.2.5.2. Canada Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.2.6. Mexico
- 7.2.6.1. Mexico Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.2.6.2. Mexico Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Hydrocarbon Sulvents Market Revenue 2016 – 2026 (USD Million)
- 7.3.2. Europe Hydrocarbon Sulvents Market Revenue, By Type, 2016 – 2026 (USD Million)
- 7.3.3. Europe Hydrocarbon Sulvents Market Revenue, By Application, 2016 – 2026 (USD Million)
- 7.3.4. UK
- 7.3.4.1. UK Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.4.2. UK Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.5. France
- 7.3.5.1. France Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.5.2. France Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Germany Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.6.2. Germany Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.7. Italy
- 7.3.7.1. Italy Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.7.2. Italy Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.8. Spain
- 7.3.8.1. Spain Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.8.2. Spain Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.9. Russia
- 7.3.9.1. Russia Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.9.2. Russia Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.3.10. Rest of Europe
- 7.3.10.1. Rest of Europe Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.3.10.2. Rest of Europe Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Hydrocarbon Sulvents Market Revenue 2016 – 2026 (USD Million)
- 7.4.2. Asia Pacific Hydrocarbon Sulvents Market Revenue, By Type, 2016 – 2026 (USD Million)
- 7.4.3. Asia Pacific Hydrocarbon Sulvents Market Revenue, By Application, 2016 – 2026 (USD Million)
- 7.4.4. China
- 7.4.4.1. China Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.4.2. China Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Japan Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.5.2. Japan Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4.6. India
- 7.4.6.1. India Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.6.2. India Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4.7. Australia
- 7.4.7.1. Australia Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.7.2. Australia Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4.8. South Korea
- 7.4.8.1. South Korea Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.8.2. South Korea Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.4.9. Rest of Asia Pacific
- 7.4.9.1. Rest of Asia Pacific Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.4.9.2. Rest of Asia Pacific Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Hydrocarbon Sulvents Market Revenue 2016 – 2026 (USD Million)
- 7.5.2. Latin America Hydrocarbon Sulvents Market Revenue, By Type, 2016 – 2026 (USD Million)
- 7.5.3. Latin America Hydrocarbon Sulvents Market Revenue, By Application, 2016 – 2026 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Brazil Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.5.4.2. Brazil Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Argentina Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.5.5.2. Argentina Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.5.6. Rest of Latin America
- 7.5.6.1. Rest of Latin America Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.5.6.2. Rest of Latin America Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa Hydrocarbon Sulvents Market Revenue 2016 – 2026 (USD Million)
- 7.6.2. Middle East & Africa Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.6.3. Middle East & Africa Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.6.4. GCC Countries
- 7.6.4.1. GCC Countries Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.6.4.2. GCC Countries Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.6.5. South Africa
- 7.6.5.1. South Africa Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.6.5.2. South Africa Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.6.6. Rest of MEA
- 7.6.6.1. Rest of MEA Hydrocarbon Sulvents Market Revenue, by Type, 2016 – 2026 (USD Million)
- 7.6.6.2. Rest of MEA Hydrocarbon Sulvents Market Revenue, by Application, 2016 – 2026 (USD Million)
- 7.1. Global Hydrocarbon Sulvents Market: Regional Overview
- Chapter 8. Company Profiles
- 8.1. Sinopec
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product portfulio
- 8.1.4. Business strategy
- 8.1.5. Recent developments
- 8.2. *Same information will be provided for below mentioned companies*
- 8.2.1. Sasul Sulvents
- 8.2.2. Chevron Corporation
- 8.2.3. Exxon Mobil Corporation
- 8.2.4. Eastman Chemical Company
- 8.2.5. Ashland
- 8.2.6. Reliance Industries Limited
- 8.2.7. DowDuPont, Inc.
- 8.2.8. Formosa Petrochemical Corporation
- 8.2.9. Royal Dutch Shell
- 8.2.10. BP Plc
- 8.2.11. Engen Petruleum Ltd.
- 8.2.12. Others
- 8.1. Sinopec
Table Of Figures
List of Figures
1. Global Hydrocarbon Solvents Market Segmentation by Type, Application, and Geography
2. Global Hydrocarbon Solvents Market, 2018-2026 (USD Million)
3. Porter’s Five Forces Analysis: Hydrocarbon Solvents Market
4. Global Hydrocarbon Solvents Market Attractiveness, by Type
5. Global Hydrocarbon Solvents Market Attractiveness, by Application
6. Global Hydrocarbon Solvents Market Attractiveness, by Regional
7. Global Hydrocarbon Solvents Market Revenue Share, by Type, 2019 & 2026 (USD Million)
8. Global Hydrocarbon Solvents Market by Aliphatic Hydrocarbons, 2016 – 2026 (USD Million)
9. Global Hydrocarbon Solvents Market by Aromatic Hydrocarbons, 2016 – 2026 (USD Million)
10. Global Hydrocarbon Solvents Market Revenue Share, by Application, 2019 & 2026 (USD Million)
11. Global Hydrocarbon Solvents Market by Paints & Coatings, 2016 – 2026 (USD Million)
12. Global Hydrocarbon Solvents Market by Dry Cleaning Fluids, 2016 – 2026 (USD Million)
13. Global Hydrocarbon Solvents Market by Adhesives & Sealants, 2016 – 2026 (USD Million)
14. Global Hydrocarbon Solvents Market by Edible Oils, 2016 – 2026 (USD Million)
15. Global Hydrocarbon Solvents Market by Agriculture Chemicals, 2016 – 2026 (USD Million)
16. Global Hydrocarbon Solvents Market by Rubber Tires, 2016 – 2026 (USD Million)
17. Global Hydrocarbon Solvents Market by Others, 2016 – 2026 (USD Million)
18. Global Hydrocarbon Solvents Market Revenue Share, by Region, 2018-2026 (USD Million)
19. North America Hydrocarbon Solvents Market, 2016-2026, (USD Million)
20. Europe Hydrocarbon Solvents market, 2016-2026, (USD Million)
21. Asia Pacific Hydrocarbon Solvents Market, 2016-2026(USD Million)
22. Latin America Hydrocarbon Solvents Market, 2016 – 2026 (USD Million)
23. Middle East & Africa Hydrocarbon Solvents Market, 2016 – 2026, (USD Million)
Table Of Tables
List of Tables
1. Global Hydrocarbon Solvents market snapshot
2. Drivers for Hydrocarbon Solvents market: Impact analysis
3. Restraints of Hydrocarbon Solvents market: Impact analysis
4. North America Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
5. North America Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
6. U.S. Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
7. U.S. Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
8. Canada Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
9. Canada Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
10. Mexico Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
11. Mexico Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
12. Europe Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
13. Europe Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
14. UK Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
15. UK Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
16. France Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
17. France Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
18. Germany Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
19. Germany Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
20. Italy Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
21. Italy Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
22. Spain Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
23. Spain Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
24. Russia Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
25. Russia Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
26. Rest of Europe Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
27. Rest of Europe Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
28. Asia Pacific Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
29. Asia Pacific Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
30. China Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
31. China Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
32. Japan Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
33. Japan Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
34. India Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
35. India Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
36. Australia Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
37. Australia Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
38. South Korea Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
39. South Korea Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
40. Rest of Asia Pacific Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
41. Rest of Asia Pacific Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
42. Latin America Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
43. Latin America Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
44. Brazil Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
45. Brazil Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
46. Argentina Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
47. Argentina Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
48. Rest of Latin America Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
49. Rest of Latin America Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
50. Middle East & Africa Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
51. Middle East & Africa Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
52. GCC Countries Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
53. GCC Countries Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
54. South Africa Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
55. South Africa Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
56. Rest of MEA Hydrocarbon Solvents Market Revenue, By Type, 2016 – 2026 (USD Million)
57. Rest of MEA Hydrocarbon Solvents Market Revenue, By Application, 2016 – 2026 (USD Million)
Methodology
FrequentlyAsked Questions
Hydrocarbon solvents are a class of chemical compounds that are composed exclusively of hydrogen and carbon atoms. They are derived from petroleum or natural gas and are widely used as solvents in various industrial applications and consumer products.
The global hydrocarbon solvents market is expected to grow due to increasing demand from diverse end-use industries like paints and coatings, adhesives, pharmaceuticals, and cleaning agents, alongside rapid industrialization, infrastructure development, and continuous advancements in solvent blends and sustainable alternatives.
According to a study, the global hydrocarbon solvents market size was worth around USD 6.52 Billion in 2024 and is expected to reach USD 10.42 Billion by 2034.
The global hydrocarbon solvents market is expected to grow at a CAGR of 4.8% during the forecast period.
Asia-Pacific is expected to dominate the hydrocarbon solvents market over the forecast period.
Leading players in the global hydrocarbon solvents market include Total S.A, Royal Dutch Shell, DowDuPont Inc., Sinopec, ExxonMobil Corporation, Ashland Inc., BP Plc., Engen Petroleum Ltd., Reliance Industries Limited, among others.
The report explores crucial aspects of the hydrocarbon solvents market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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