The oxygenated solvents market size was valued at USD 39.17 billion in 2024 and is expected to reach USD 71.20 billion by 2032, growing at a CAGR of 7.76% over the forecast period of 2025-2032.
Oxygenated solvents market analysis indicates that the expanding pharmaceutical industry significantly contributes to market growth. The pharmaceutical industry has experienced significant growth due to increases in global healthcare needs, investment in drug development, and a demand for innovative drugs. Water and oxygenated solvents are key in pharmaceutical manufacturing, especially for the formulation, extraction, purification, and synthesis of drugs. They provide better characteristics (high solvency power, low toxicity, and API compatibility) and are required for the manufacture of pharmaceutical products of better quality.
Moreover, the growing prevalence of chronic diseases, the increasing population of aging people, and the widespread adoption of a global culture of health are keeping the production of pharmaceuticals and increasing the need for oxygenated solvents in the industry on the rise.
For instance, new orders for manufactured goods in March 2025 were a reported USD 618.8 billion, up 4.3% from the previous month, according to the U.S. Census Bureau, released April 2025. This increase indicates an increase in the use of different manufacturing inputs, such as chemical products, including oxygenated solvents, which are used in producing pharmaceutical products.
Drivers
Rising demand from the paints & coatings industry drives the market growth.
Oxygenated solvents are one of the largest consumers in the paints and coatings industry, and the growth of the paints and coatings industry mostly drives the oxygenated solvents market. Such solvents play an important role in adjusting the viscosity, drying time, and finish of the wide variety of coatings and paint formulations. The demand for high-performance coatings has witnessed a strong growth owing to the increasing urbanization, infrastructure development, and surge in automotive manufacturing and refurbishing. Solvents containing oxygen, alcohols, ketones, and esters, among them, have found broad use in architectural, industrial, and automotive coatings because of good solvency, relatively low toxicity, and application convenience. Since construction and renovation activities are increasing, particularly in developing economies, the demand for quality paints and coatings is increasing, which in turn is driving the oxygenated solvents market growth.
The International Trade Administration states that the paints, coatings, and adhesives industry had 1,681 establishments in 2022 with more than 40,000 workers as of mid–2024. This reflects the growth of the industry and the increasing demand for chemical inputs, such as oxygenated solvents, with foreign direct investment in this sector reaching USD 7.6 billion in 2023.
Restrain
Price volatility of raw materials may hamper the market growth.
The oxygenated solvents market is sensitive towards both high and low rises in crude oil prices, as they are crude oil derivative petrochemicals, like natural gas. Fluctuating prices for key raw materials may cause uncertain production costs, making it difficult for manufacturers to achieve stable prices for oxygenated solvents. And the consequence of this lack of stability is massive operational costs that could be shifted to end-users and limit the demand altogether. This can also lead to supply chain disruptions due to some suppliers and manufacturers taking time to reach the target, while smaller manufacturers take time to adjust to competitive pressures in the market. This type of price fluctuation results in market uncertainty, which may slow the pace of investment and innovation initiatives and consequently restrict the production growth of the oxygenated solvents industry.
Opportunity
Innovations in solvent recovery and recycling technologies are creating opportunities for market growth.
The development of solvent recovery and recycling technologies offers vital market opportunities for oxygenated solvents as they address sustainability & cost benefits. These innovations allow manufacturers to recycle solvents multiple times, hence cutting down on waste and the impact of solvent disposal on the environment. To achieve industrial solvents market quality of the purified solvents, enhanced recovery systems with high recovery efficiency, such as distillation, membrane filtration, and adsorption technologies, are essential because the major recoverable solvents are usually produced at high concentrations (higher than 98% solids content). Solvent recycling technologies lead to less raw material use and, at the same time, lower operational costs, enabling firms to maintain a competitive edge in profitability under strict environmental regulations, which drive the oxygenated solvents market trends.
In 2024, Eastman Chemical increased production capacity for green solvent in Asia to meet increasing demand for sustainable solvents in the region. The move is indicative of Eastman's sustainability goals, but also of the increasing demand for sustainable products in the marketplace.
By Source
Bio & Green solvent held the largest oxygenated solvents market share, around 66%, in 2024. It is due to the environmental awareness and strict regulatory framework that requires harmful emissions and toxic materials to be replaced by eco-friendly materials. Such renewable-based solvents provide a safer and sustainable replacement to traditional petrochemical-based solvents, conforming to the latest worldwide drive towards lowering carbon footprint and promoting greener manufacturing processes. Furthermore, there is an increasing trend in consumer preference for products that are formulated with natural and non-toxic ingredients, particularly in the personal care, pharmaceuticals, and coatings industries.
Conventional solvent held a significant market share and was the fastest-growing segment in the forecast period. It is owing to their eco-friendliness, as their wide range of applications, proven performance, and cost-effectiveness lead the industry. These solvents, often based on petrochemical origin, are characterized by almost ideal solvency power, compatibility with numerous formulations, and assured bulk availability. Traditional solvents have been used in industries using solvents such as paints and coatings, the pharmaceutical, and agrochemical industries for extraction, cleaning, and formulation because they are efficient and versatile.
By Type
Glycol Ethers segment held the largest market share, around 31.34%, in 2024. This is primarily because of their high solubility potential and versatility across abundant industries, such as paints and coatings, healthcare, personal care, and detergents. With a unique combination of evaporation rate, low miscibility with both water and organic solvents, and low wet-to-wet toxicity, glycol ethers are often highly effective for a variety of formulations requiring controlled dry times and clean finishing. However, it needs to be mentioned that, as sustainability is starting to become a paramount global concern, bio and green solvents are quickly gaining momentum.
Bio & Green Solvents segment held a significant market share and was the fastest-growing segment in the forecast period. It is due to the increased demand for eco-friendly products, coupled with mandatory emission reductions of volatile organic compounds (VOCs) and hazardous chemicals, that has driven their rapid growth. Bio and green solvents are obtained from renewable resources, including but not limited to plants and biomass, and typically offer advantages such as biodegradability, low toxicity, and lower environmental impact than conventional petrochemical solvents. These sustainable solvents are being utilized in industries like personal care, pharmaceuticals, and agrochemicals to meet the sustainability goals and consumer demand for greener products.
By Application
The paints & coatings segment held the largest market share, around 34%, in 2024. It is owing to the high usage of these solvents for the formulation of high-performance coatings. Oxygenated chemical solvents are critical for paints and coatings, they are used as resin/binder components, to manipulate viscosity for application properties, and to provide adequate drying and film formation. Diverse coating solutions from skeletal decorative architectural paints to protective industrial coatings are driven by an ever-expanding global construction, automotive, and industrial demand. Moreover, the trend of consumers offering sophisticated appearances with improved durability also fuels the demand for oxygenated solvents in this industry.
Pharmaceuticals held a significant market share. It is owing to the importance of these solvents in the drug formulation, synthesis, and manufacturing processes. Alcohols, esters, and Glycol Ethers are oxygenated solvents commonly used as reaction media, extraction solvents, and diluents of active pharmaceutical ingredients (APIs). The wide range of compounds they can dissolve and their ability to do so at high purities make them indispensable in pharmaceutical production. Furthermore, high-quality solvents have always been required due to rising demand for new and complex drugs, globalization of pharmaceutical R&D activities, especially today in emerging markets.
Asia Pacific held the largest market share, around 42.23%, in 2024. It is owing mostly to high industrialization, growing urbanization, and the rising manufacturing sector in countries such as China, India, Japan, South Korea, and others. Strong demand for industrial oxygenated solvents is generated from the region’s rapidly expanding paints and coatings, pharmaceutical, personal care, and agrochemical industries. Moreover, a plentiful supply of natural resources, inexpensive skilled labour, and government policies encouraging industrialization and exports are further encouraging growth in the market. The growing awareness about personal care, coupled with the growing disposable incomes, is another factor, further increasing solvent consumption in personal care and pharmaceutical products are the largest consumers of these solvents.
For instance, in 2022, Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, acquired 100% of Solenergi Power Private Limited and the group of companies in India known as Sprng Energy from Actis Solenergi Limited. Such a buy will further boost Shell's renewable energy portfolio within Asia.
North America held a significant market share and growing region in the forecast period. It owing to the well-established chemical manufacturing infrastructure, technological advancement, and presence of a stringent regulatory environment, which promotes the use of high-quality, compliant solvents. With consistent R&D activities due to the strong pharma and personal care industries in the region, the solvent demand is expected to be substantial. Furthermore, North America has a significant paint and coating industry due to the automotive, construction, and industrial use of oxygenated solvents in high-performance and low-emission applications. Regulatory bodies like the EPA encourage the market to develop safer, solvent-based, low-volatile organic compounds (VOCs) options, which ultimately leads to market growth and innovation.
The U.S. Market size was valued at USD 6.76 billion in 2024 and is expected to reach USD 13.84 billion by 2032, growing at a CAGR of 8.92% in the forecast period 2025-2032. It is due high demand for advanced oxygenated solvents is driven by the well-established chemical manufacturing industry and the focus on innovation and quality in the country. Moreover, the stringent environmental & safety regulations imposed by various regulatory bodies, such as the EPA, promote the use of safer, low-VOC solvents, thereby boosting the market growth. The investments come along with large capital for R&D for the U.S., taking advantage of producing green and high-performance solvent solutions.
In 2023, Dow introduced a high-performance solvent for industrial use. This addition provides Dow with an improved portfolio to produce solvents, offering lower toxicity, increased efficiency, and superior performance for a wide range of industrial applications.
Europe held a significant market share in 2024. It is owing to a stringent regulation, a high industrial base, and a rising green chemistry and sustainability trend. It also puts pressure on manufacturers to pursue oxygenated solvents with proven compliance, making those products a sound investment for the long term. Besides that, the legacy of Europe’s large pharmaceuticals, paints and coatings, and cosmetics industries commands a large fraction of solvent use there. Top oxygenated solvents companies focus on innovation and sustainability, which are driving forces in Germany, France, and the U.K.
BASF SE, Linde plc, CF Industries Holdings, Inc., Nutrien Ltd., Yara International ASA, OCI Nitrogen, Deepak Fertilizers and Petrochemicals Corporation Ltd., Dyno Nobel, Sinopec, Mitsubishi Chemical Corporation.
In December 2024, BASF opened a new Catalyst Development and Solids Processing Center in Ludwigshafen, Germany. This facility is supposed to expedite the development of novel catalysts and process technologies, strengthening BASF`s research capabilities and enabling the supported green transformation of the chemical processes.
In 2025, CF Industries reached a positive final investment decision relating to a green ammonia plant at the Blue Point Complex in a joint venture with JERA Co., Inc. and Mitsui & Co., Ltd. The project will feature carbon capture and sequestration, targeting low-carbon ammonia production while minimizing greenhouse gas emissions.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 39.17 Billion |
| Market Size by 2032 | USD 71.20 Billion |
| CAGR | CAGR of7.76% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Source (Conventional solvent, Bio solvent, Green solvent) • By Type (Alcohols, Esters, Glycols, Glycol Ethers, Ketones, Bio & Green Solvents, Others) • By Application (Paints & Coatings, Pharmaceuticals, Personal Care, Crop Protection, Lubricants, Others), |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | BASF SE, Linde plc, CF Industries Holdings, Inc., Nutrien Ltd., Yara International ASA, OCI Nitrogen, Deepak Fertilisers and Petrochemicals Corporation Ltd., Dyno Nobel, Sinopec, Mitsubishi Chemical Corporation. |
Ans: The Oxygenated Solvents Market was valued at USD 39.17 billion in 2024.
Ans: The expected CAGR of the global Oxygenated Solvents Market during the forecast period is 7.76%
Ans: Glycol Ethers will grow rapidly in the Oxygenated Solvents Market from 2024 to 2032.
Ans: Rising demand from the paints & coatings industry drives the market growth.
Ans: Asia Pacific led the Oxygenated Solvents Market in the region with the highest revenue share in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization by Country, By Source, 2023
5.2 Feedstock Prices by Country and Type, 2023
5.3 Regulatory Impact by Country and By Source 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Oxygenated Solvents Market Segmentation By Source
7.1 Chapter Overview
7.2 Conventional solvent
7.2.1 Conventional Solvent Market Trends Analysis (2021-2032)
7.2.2 Conventional Solvent Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Bio & Green solvent
7.3.1 Bio & Green Solvent Market Trends Analysis (2021-2032)
7.3.2 Bio & Green Solvent Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Oxygenated Solvents Market Segmentation By Type
8.1 Chapter Overview
8.2 Alcohols
8.2.1 Alcohols Market Trend Analysis (2021-2032)
8.2.2 Alcohols Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Esters
8.3.1 Esters Market Trends Analysis (2021-2032)
8.3.2 Esters Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Glycols
8.4.1 Glycols Market Trends Analysis (2021-2032)
8.4.2 Glycols Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Glycol Ethers
8.5.1 Glycol Ethers Market Trends Analysis (2021-2032)
8.5.2 Glycol Ethers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Ketones
8.6.1 Ketones Market Trends Analysis (2021-2032)
8.6.2 Ketones Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Bio & Green Solvents
8.7.1 Bio & Green Solvents Market Trends Analysis (2021-2032)
8.7.2 Bio & Green Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2021-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Oxygenated Solvents Market Segmentation By Application
9.1 Chapter Overview
9.2 Paints & Coatings
9.2.1 Paints & Coatings Market Trends Analysis (2021-2032)
9.2.2 Paints & Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Pharmaceuticals
9.3.1 Pharmaceuticals Market Trends Analysis (2021-2032)
9.3.2 Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Personal Care
9.4.1 Personal Care Market Trends Analysis (2021-2032)
9.4.2 Personal Care Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Crop Protection
9.5.1 Crop Protection Market Trends Analysis (2021-2032)
9.5.2 Crop Protection Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Others
9.6.1 Other Market Trends Analysis (2021-2032)
9.6.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Oxygenated Solvents Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.2.3 North America Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.2.4 North America Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.2.5 North America Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.2.6.2 USA Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.2.6.3 USA Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.2.7.2 Canada Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.2.7.3 Canada Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.2.8.2 Mexico Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.2.8.3 Mexico Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3 Europe
10.3.1 Trends Analysis
10.3.2 Europe Oxygenated Solvents Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.3 Europe Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.4 Europe Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.5 Europe Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.6 Germany
10.3.6.1 Germany Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.6.2 Germany Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.6.3 Germany Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.7 France
10.3.7.1 France Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.7.2 France Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.7.3 France Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.8 UK
10.3.8.1 UK Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.8.2 UK Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.8.3 UK Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.9 Italy
10.3.9.1 Italy Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.9.2 Italy Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.9.3 Italy Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.10 Spain
10.3.10.1 Spain Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.10.2 Spain Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.10.3 Spain Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.11 Poland
10.3.11.1 Poland Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.11.2 Poland Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.11.3 Poland Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.12 Turkey
10.3.12.1 Turkey Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.12.2 Turkey Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.12.3 Turkey Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.13 Rest of Europe
10.3.13.1 Rest of Europe Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.3.13.2 Rest of Europe Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.3.13.3 Rest of Europe Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.4.3 Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.4 Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.5 Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.6.2 China Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.6.3 China Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.7.2 India Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.7.3 India Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.8.2 Japan Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.8.3 Japan Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.9.2 South Korea Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.9.3 South Korea Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.10 Singapore
10.4.10.1 Singapore Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.10.2 Singapore Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.10.3 Singapore Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.11 Australia
10.4.11.1 Australia Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.11.2 Australia Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.11.3 Australia Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.12 Rest of Asia Pacific
10.4.12.1 Rest of Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.4.12.2 Rest of Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.4.12.3 Rest of Asia Pacific Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Trends Analysis
10.5.2 Middle East and Africa Oxygenated Solvents Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.5.3 Middle East and Africa Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.4 Middle East and Africa Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.5 Middle East and Africa Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.6 UAE
10.5.6.1 UAE Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.6.2 UAE Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.6.3 UAE Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.7 Saudi Arabia
10.5.7.1 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.7.2 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.7.3 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.8 Saudi Arabia
10.5.8.1 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.8.2 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.8.3 Saudi Arabia Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.9 Qatar
10.5.9.1 Qatar Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.9.2 Qatar Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.9.3 Qatar Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.10 South Africa
10.5.10.1 South Africa Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.10.2 South Africa Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.10.3 South Africa Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.11 Rest of Middle East & Africa
10.5.11.1 Rest of Middle East & Africa Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.5.11.2 Rest of Middle East & Africa Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.5.11.3 Rest of Middle East & Africa Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Oxygenated Solvents Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.6.3 Latin America Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.6.4 Latin America Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.6.5 Latin America Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.6.6.2 Brazil Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.6.6.3 Brazil Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.6.7.2 Argentina Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.6.7.3 Argentina Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.8 Rest of Latin America
10.6.8.1 Rest of Latin America Oxygenated Solvents Market Estimates and Forecasts, By Source (2021-2032) (USD Billion)
10.6.8.2 Rest of Latin America Oxygenated Solvents Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
10.6.8.3 Rest of Latin America Oxygenated Solvents Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
11. Company Profiles
11.1 BASF SE
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Product/ Services Offered
11.1.4 SWOT Analysis
11.2 Linde PLC
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Product/ Services Offered
11.2.4 SWOT Analysis
11.3 CF Industries Holdings, Inc.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Product/ Services Offered
11.3.4 SWOT Analysis
11.4 Nutrien Ltd.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Product/ Services Offered
11.4.4 SWOT Analysis
11.5 OCI Nitrogen
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Product/ Services Offered
11.5.4 SWOT Analysis
11.6 Deepak Fertilisers and Petrochemicals Corporation Ltd.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Product/ Services Offered
11.6.4 SWOT Analysis
11.7 Dyno Nobel
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Product/ Services Offered
11.7.4 SWOT Analysis
11.8 Sinopec
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Product/ Services Offered
11.8.4 SWOT Analysis
11.9 Mitsubishi Chemical Corporation
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.10 Yara International ASA
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Product/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Source
Conventional solvent
Bio & Green solvent
By Type
Alcohols
Esters
Glycols
Glycol Ethers
Ketones
Bio & Green Solvents
Others
By Application
Paints & Coatings
Pharmaceuticals
Personal Care
Crop Protection
Lubricants
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
