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Global Hydrocarbon Solvents Market Size study, by Product Type (Aliphatic, Aromatic, Others), by Application Type (Paints and Coatings, Cleaning and Degreasing, Printing Inks, Rubbers and Polymers, Adhesives, Aerosols, Agriculture Chemicals, Pharmaceuticals, Others) and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G56965A5B018EN
Bizwit Research & Consulting LLP

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Global Hydrocarbon Solvents Market is valued at approximately USD 9.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.20 % over the forecast period 2022-2028. Hydrocarbon solvents are the type of organic solvents, molecules that consist only hydrogen and carbon atoms. The crude oil refineries are the major producers of hydrocarbon solvents and it is obtained in form of volatile fractions containing naphthenic, paraffinic, and aromatic constituents in various proportions. The hydrocarbon solvent market’s growth is supported by the tire industry’s growth as tire production is its primary application. On January 29, 2020, Dow announced its plan to expand its ethylene manufacturing facility in Alberta, Canada, to 130,000 metric tons by adding another furnace. The company entered into a partnership with a regional customer for the expansion of polyethene manufacturing. The expansion is estimated to be completed in the first half of 2021. Also, increasing demand for hydrocarbon solvent from drug manufacturing industries has impacted the development of the hydrocarbon solvent market positively. In accordance with this, the high response of sweet-smelling solvents in pesticides, printing inks, insect sprays, and horticultural synthetic substances are additionally going to be the key determinants favouring the development of the hydrocarbon solvents market over the forecast period of 2022 to 2028. However, rising preference for bio-based solvents impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Hydrocarbon Solvents Market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America dominated the hydrocarbon solvents market in 2021 owing to the rise in demand from various end-use industries and the strong presence of major players operating in the countries within this region. Asia-Pacific is expected to expand at a significant growth over the forecast period due to increasing demand from manufacturers of pesticides and agricultural chemicals and the strong presence of major players in emerging economies within this particular region.

Major market players included in this report are:
Total S.A.
ExxonMobil Corporation
Royal Dutch Shell
DowDuPont, Inc
Sinopec
Ashland Inc
BP Plc
Reliance Industries Limited
Sasol Solvents Germany GmbH
Engen Petroleum Ltd

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Aliphatic
Aromatic
Others
By Application type:
Paints and Coatings
Cleaning and Degreasing
Printing Inks
Rubbers and Polymers
Adhesives
Aerosols
Agriculture Chemicals
Pharmaceuticals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Hydrocarbon Solvents Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Hydrocarbon Solvents Market, by Region, 2020-2028 (USD Billion)
  1.2.2. Hydrocarbon Solvents Market, by Product Type, 2020-2028 (USD Billion)
  1.2.3. Hydrocarbon Solvents Market, by Application Type, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL HYDROCARBON SOLVENTS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL HYDROCARBON SOLVENTS MARKET DYNAMICS

3.1. Hydrocarbon Solvents Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Sturdy Demand For Paints & Coatings
    3.1.1.2. Increasing Demand For Rubbers & Polymers In Various End User Industries
  3.1.2. Market Challenges
    3.1.2.1. Rising Preference For Bio-Based Solvents
  3.1.3. Market Opportunities
    3.1.3.1. Increasing adoption of aromatic solvents in pesticides, printing inks etc

CHAPTER 4. GLOBAL HYDROCARBON SOLVENTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL HYDROCARBON SOLVENTS MARKET, BY PRODUCT TYPE

6.1. Market Snapshot
6.2. Global Hydrocarbon Solvents Market by Product type, Performance - Potential Analysis
6.3. Global Hydrocarbon Solvents Market Estimates & Forecasts by Product type, 2018-2028 (USD Billion)
6.4. Hydrocarbon Solvents Market, Sub Segment Analysis
  6.4.1. Aliphatic
  6.4.2. Aromatic
  6.4.3. Others

CHAPTER 7. GLOBAL HYDROCARBON SOLVENTS MARKET, BY APPLICATION TYPE

7.1. Market Snapshot
7.2. Global Hydrocarbon Solvents Market by Application type, Performance - Potential Analysis
7.3. Global Hydrocarbon Solvents Market Estimates & Forecasts by Application type, 2018-2028 (USD Billion)
7.4. Hydrocarbon Solvents Market, Sub Segment Analysis
  7.4.1. Paints and Coatings
  7.4.2. Cleaning and Degreasing
  7.4.3. Printing Inks
  7.4.4. Rubbers and Polymers
  7.4.5. Adhesives
  7.4.6. Aerosols
  7.4.7. Agriculture Chemicals
  7.4.8. Pharmaceuticals
  7.4.9. Others

CHAPTER 8. GLOBAL HYDROCARBON SOLVENTS MARKET, REGIONAL ANALYSIS

8.1. Hydrocarbon Solvents Market, Regional Market Snapshot
8.2. North America Hydrocarbon Solvents Market
  8.2.1. U.S. Hydrocarbon Solvents Market
    8.2.1.1. Product type breakdown estimates & forecasts, 2018-2028
    8.2.1.2. Application type breakdown estimates & forecasts, 2018-2028
  8.2.2. Canada Hydrocarbon Solvents Market
8.3. Europe Hydrocarbon Solvents Market Snapshot
  8.3.1. U.K. Hydrocarbon Solvents Market
  8.3.2. Germany Hydrocarbon Solvents Market
  8.3.3. France Hydrocarbon Solvents Market
  8.3.4. Spain Hydrocarbon Solvents Market
  8.3.5. Italy Hydrocarbon Solvents Market
  8.3.6. Rest of Europe Hydrocarbon Solvents Market
8.4. Asia-Pacific Hydrocarbon Solvents Market Snapshot
  8.4.1. China Hydrocarbon Solvents Market
  8.4.2. India Hydrocarbon Solvents Market
  8.4.3. Japan Hydrocarbon Solvents Market
  8.4.4. Australia Hydrocarbon Solvents Market
  8.4.5. South Korea Hydrocarbon Solvents Market
  8.4.6. Rest of Asia Pacific Hydrocarbon Solvents Market
8.5. Latin America Hydrocarbon Solvents Market Snapshot
  8.5.1. Brazil Hydrocarbon Solvents Market
  8.5.2. Mexico Hydrocarbon Solvents Market
8.6. Rest of The World Hydrocarbon Solvents Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Total S.A.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. ExxonMobil Corporation
  9.2.3. Royal Dutch Shell
  9.2.4. DowDuPont, Inc
  9.2.5. Sinopec
  9.2.6. Ashland Inc
  9.2.7. BP Plc
  9.2.8. Reliance Industries Limited
  9.2.9. Sasol Solvents
  9.2.10. Engen Petroleum Ltd

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Hydrocarbon Solvents Market, report scope
TABLE 2. Global Hydrocarbon Solvents Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Hydrocarbon Solvents Market estimates & forecasts by Product type 2018-2028 (USD Billion)
TABLE 4. Global Hydrocarbon Solvents Market estimates & forecasts by Application type 2018-2028 (USD Billion)
TABLE 5. Global Hydrocarbon Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Hydrocarbon Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Hydrocarbon Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Hydrocarbon Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Hydrocarbon Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Hydrocarbon Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Hydrocarbon Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Hydrocarbon Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Hydrocarbon Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Hydrocarbon Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Hydrocarbon Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Hydrocarbon Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of Global Hydrocarbon Solvents Market
TABLE 55. List of primary sources, used in the study of Global Hydrocarbon Solvents Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Hydrocarbon Solvents Market, research methodology
FIG 2. Global Hydrocarbon Solvents Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Hydrocarbon Solvents Market, key trends 2021
FIG 5. Global Hydrocarbon Solvents Market, growth prospects 2022-2028
FIG 6. Global Hydrocarbon Solvents Market, porters 5 force model
FIG 7. Global Hydrocarbon Solvents Market, pest analysis
FIG 8. Global Hydrocarbon Solvents Market, value chain analysis
FIG 9. Global Hydrocarbon Solvents Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Hydrocarbon Solvents Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Hydrocarbon Solvents Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Hydrocarbon Solvents Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Hydrocarbon Solvents Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Hydrocarbon Solvents Market, regional snapshot 2018 & 2028
FIG 15. North America Hydrocarbon Solvents Market 2018 & 2028 (USD Billion)
FIG 16. Europe Hydrocarbon Solvents Market 2018 & 2028 (USD Billion)
FIG 17. Asia Pacific Hydrocarbon Solvents Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Hydrocarbon Solvents Market 2018 & 2028 (USD Billion)
FIG 19. Global Hydrocarbon Solvents Market, company market share analysis (2021)


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