Asia-Pacific Hydrocarbon Solvents Market to 2032
Overview
The Asia-Pacific Hydrocarbon Solvents Market is expected to reach a 3.61 USD Billion by 2032 and is projected to grow at a CAGR of 6.14% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.28
Forecast, 2032 (USD Billion)
3.61
CAGR, 2024 - 2032
6.14%
Report Coverage
Asia-Pacific
Asia-Pacific Hydrocarbon Solvents Market 2018-2032 USD Billion
Asia-Pacific Hydrocarbon Solvents Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.28 USD Billion
- Projected Market Size (2032): 3.61 USD Billion
- CAGR (2025-2032): 6.14%
Key Findings of Asia-Pacific Hydrocarbon Solvents Market
- The Asia-Pacific Hydrocarbon Solvents Market was valued at 2.28 USD Billion in 2024.
- The Asia-Pacific Hydrocarbon Solvents Market is likely to grow at a CAGR of 6.14% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Aliphatic Solvents in Type Segment accounted for the largest share of the market with a revenue of 0.76 USD Billion
- The fastest growing segment Adhesives in Application Segment grew Fastest with a CAGR of 6.62% during the forecast period from 2024 to 2032.
Asia-Pacific Hydrocarbon Solvents Market Scope
Asia-Pacific Hydrocarbon Solvents Market Segmentation & Scope
Application
- Others
- Explosives
- Sealants
- Metal Working Lubricant
- Metal Extraction
- Fluxes for Bitumen
- Drilling Fluids
- Cosmetics
- Aerosols
- Chemicals
- Rubber and Polymers
- Agriculture
- Printing Inks
- Cleaning and Degreasing
- Pharmaceutical
- Adhesives
- Paints and Coatings
Type
- Others
- Cycloaliphatic Solvents
- Mineral Oils
- Aromatic Solvents
- Aliphatic Solvents
Asia-Pacific Hydrocarbon Solvents Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.28 USD Billion |
| Market Value in 2032 | 3.61 USD Billion |
| CAGR (2025-2032) | 6.14% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 2.28 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 439.33 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Hydrocarbon Solvents Market to 2032, By Application
- Paints and Coatings is the largest segment in Asia-Pacific Hydrocarbon Solvents Market to 2032 with a revenue of 493.57 USD Billion in the year 2024.
- Adhesives is the Fastest growing segment in Asia-Pacific Hydrocarbon Solvents Market to 2032 with a Growth rate of 6.29 % in forecast period 2025-2032.
-
Asia-Pacific Hydrocarbon Solvents Market to 2032, By Type
- Aliphatic Solvents is the largest segment in Asia-Pacific Hydrocarbon Solvents Market to 2032 with a revenue of 763.54 USD Billion in the year 2024.
- Aliphatic Solvents is the Fastest growing segment in Asia-Pacific Hydrocarbon Solvents Market to 2032 with a Growth rate of 6.32 % in forecast period 2025-2032.
Asia-Pacific Hydrocarbon Solvents Market Company Share Analysis
| Company Name |
|
||
| TotalEnergies | |||
| BASF SE | |||
| Chevron Phillips Chemical Company LLC. | |||
| Exxon Mobil Corporation | |||
| Shell plc | |||
Asia-Pacific Hydrocarbon Solvents Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Hydrocarbon Solvents Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Asia-Pacific Hydrocarbon Solvents Market was valued at USD 2.28(Revenue in USD Billion) in 2024.
Asia-Pacific Hydrocarbon Solvents Market is projected to grow at a CAGR of 6.14% during the forecast period of 2024 to 2032.
The Aliphatic Solvents segment is expected to dominate the Asia-Pacific Hydrocarbon Solvents Market, holding a largest market share of 0.76 USD Billion in 2024
Asia-Pacific Hydrocarbon Solvents Market Scope
Asia-Pacific Hydrocarbon Solvents Market Segmentation & Scope
Application
- Others
- Explosives
- Sealants
- Metal Working Lubricant
- Metal Extraction
- Fluxes for Bitumen
- Drilling Fluids
- Cosmetics
- Aerosols
- Chemicals
- Rubber and Polymers
- Agriculture
- Printing Inks
- Cleaning and Degreasing
- Pharmaceutical
- Adhesives
- Paints and Coatings
Type
- Others
- Cycloaliphatic Solvents
- Mineral Oils
- Aromatic Solvents
- Aliphatic Solvents
Frequently Asked Questions
The Asia-Pacific Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Asia-Pacific Hydrocarbon Solvents Market was valued at USD 2.28(Revenue in USD Billion) in 2024.
Asia-Pacific Hydrocarbon Solvents Market is projected to grow at a CAGR of 6.14% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Hydrocarbon Solvents Market for final year is USD 3.61 (USD Billion).
Asia-Pacific Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Asia-Pacific Hydrocarbon Solvents Market was valued at USD 2.28(Revenue in USD Billion) in 2024.
Asia-Pacific Hydrocarbon Solvents Market is projected to grow at a CAGR of 6.14% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Hydrocarbon Solvents Market for final year is USD 3.61 (USD Billion).
CHOOSE LICENCE TYPE
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