Indonesia Hydrocarbon Solvents Market to 2032

Overview

The Indonesia Hydrocarbon Solvents Market is expected to reach a 247.12 USD Million by 2032 and is projected to grow at a CAGR of 5.47% from 2025 to 2032.

Revenue, 2024 (USD Million)
164.12
Forecast, 2032 (USD Million)
247.12
CAGR, 2024 - 2032
5.47%
Report Coverage
Indonesia

Indonesia Hydrocarbon Solvents Market 2018-2032 USD Million

Indonesia Hydrocarbon Solvents Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 164.12 USD Million
  • Projected Market Size (2032): 247.12 USD Million
  • CAGR (2025-2032): 5.47%

Key Findings of Indonesia Hydrocarbon Solvents Market

  • The Indonesia Hydrocarbon Solvents Market was valued at 164.12 USD Million in 2024.
  • The Indonesia Hydrocarbon Solvents Market is likely to grow at a CAGR of 5.47% 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 55.29 USD Million
  • The fastest growing segment Adhesives in Application Segment grew Fastest with a CAGR of 5.96% during the forecast period from 2024 to 2032.

Indonesia Hydrocarbon Solvents Market Scope

Indonesia 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

Indonesia Hydrocarbon Solvents Market Data Coverage Insights

Study Period 2024-2032
Base Year 2024
Unit Revenue in USD Million
Market Value in 2024 164.12 USD Million
Market Value in 2032 247.12 USD Million
CAGR (2025-2032) 5.47%
Historic Data 2016-2023
Market Segments Covered Application,Type

Regional Insights:

  • Leading Market (2024-2032): Indonesia, leading in terms of revenue 164.12 USD Million in 2024
    • Key Country: Indonesia, leading in terms of revenue with value of 164.12 USD Million in 2024.

Segments and Scope

  • Indonesia Hydrocarbon Solvents Market to 2032, By Application
    • Paints and Coatings is the largest segment in Indonesia Hydrocarbon Solvents Market to 2032 with a revenue of 35.78 USD Million in the year 2024.
    • Adhesives is the Fastest growing segment in Indonesia Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.53 % in forecast period 2025-2032.
  • Indonesia Hydrocarbon Solvents Market to 2032, By Type
    • Aliphatic Solvents is the largest segment in Indonesia Hydrocarbon Solvents Market to 2032 with a revenue of 55.29 USD Million in the year 2024.
    • Aromatic Solvents is the Fastest growing segment in Indonesia Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.64 % in forecast period 2025-2032.

Indonesia Hydrocarbon Solvents Market Company Share Analysis

 
Company Name Company Share Analysis
TotalEnergies
BASF SE
Chevron Phillips Chemical Company LLC.
Exxon Mobil Corporation
Shell plc
Indonesia Hydrocarbon Solvents Market Company Share Analysis

Indonesia Hydrocarbon Solvents Market Geographical Sales Distribution, 2018-2032 USD Million

Indonesia Hydrocarbon Solvents Market Geographical Sales Distribution, 2018-2032 USD Million

Indonesia Hydrocarbon Solvents Market Company Profiling

Indonesia Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Indonesia Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Indonesia Hydrocarbon Solvents Market was valued at USD 164.12(Revenue in USD Million) in 2024.
Indonesia Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.47% during the forecast period of 2024 to 2032.
The Aliphatic Solvents segment is expected to dominate the Indonesia Hydrocarbon Solvents Market, holding a largest market share of 55.29 USD Million in 2024

Indonesia Hydrocarbon Solvents Market Scope

Indonesia 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 Indonesia Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Indonesia Hydrocarbon Solvents Market was valued at USD 164.12(Revenue in USD Million) in 2024.
Indonesia Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.47% during the forecast period of 2024 to 2032.
The estimated market value of the Indonesia Hydrocarbon Solvents Market for final year is USD 247.12 (USD Million).

Indonesia Hydrocarbon Solvents Market Company Profiling

Indonesia Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Indonesia Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Indonesia Hydrocarbon Solvents Market was valued at USD 164.12(Revenue in USD Million) in 2024.
Indonesia Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.47% during the forecast period of 2024 to 2032.
The estimated market value of the Indonesia Hydrocarbon Solvents Market for final year is USD 247.12 (USD Million).

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