Middle East & Africa Hydrocarbon Solvents Market to 2032
Overview
The Middle East & Africa Hydrocarbon Solvents Market is expected to reach a 382.88 USD Million by 2032 and is projected to grow at a CAGR of 5.39% from 2025 to 2032.
Revenue, 2024 (USD Million)
255.86
Forecast, 2032 (USD Million)
382.88
CAGR, 2024 - 2032
5.39%
Report Coverage
Middle East & Africa
Middle East & Africa Hydrocarbon Solvents Market 2018-2032 USD Million
Middle East & Africa Hydrocarbon Solvents Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 255.86 USD Million
- Projected Market Size (2032): 382.88 USD Million
- CAGR (2025-2032): 5.39%
Key Findings of Middle East & Africa Hydrocarbon Solvents Market
- The Middle East & Africa Hydrocarbon Solvents Market was valued at 255.86 USD Million in 2024.
- The Middle East & Africa Hydrocarbon Solvents Market is likely to grow at a CAGR of 5.39% 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 84.49 USD Million
- The fastest growing segment Adhesives in Application Segment grew Fastest with a CAGR of 5.88% during the forecast period from 2024 to 2032.
Middle East & Africa Hydrocarbon Solvents Market Scope
Middle East & Africa Hydrocarbon Solvents Market Segmentation & Scope
Type
- Others
- Cycloaliphatic Solvents
- Mineral Oils
- Aromatic Solvents
- Aliphatic Solvents
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
Middle East & Africa Hydrocarbon Solvents Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 255.86 USD Million |
| Market Value in 2032 | 382.88 USD Million |
| CAGR (2025-2032) | 5.39% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Application |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 255.86 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 72.76 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Hydrocarbon Solvents Market to 2032, By Type
- Aliphatic Solvents is the largest segment in Middle East & Africa Hydrocarbon Solvents Market to 2032 with a revenue of 84.49 USD Million in the year 2024.
- Aliphatic Solvents is the Fastest growing segment in Middle East & Africa Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.58 % in forecast period 2025-2032.
-
Middle East & Africa Hydrocarbon Solvents Market to 2032, By Application
- Paints and Coatings is the largest segment in Middle East & Africa Hydrocarbon Solvents Market to 2032 with a revenue of 54.61 USD Million in the year 2024.
- Adhesives is the Fastest growing segment in Middle East & Africa Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.62 % in forecast period 2025-2032.
Middle East & Africa Hydrocarbon Solvents Market Company Share Analysis
| Company Name |
|
||
| TotalEnergies | |||
| BASF SE | |||
| Chevron Phillips Chemical Company LLC. | |||
| Exxon Mobil Corporation | |||
| Shell plc | |||
Middle East & Africa Hydrocarbon Solvents Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa Hydrocarbon Solvents Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Hydrocarbon Solvents Market is segmented based on Segmentation Type,Application.
Middle East & Africa Hydrocarbon Solvents Market was valued at USD 255.86(Revenue in USD Million) in 2024.
Middle East & Africa Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The Aliphatic Solvents segment is expected to dominate the Middle East & Africa Hydrocarbon Solvents Market, holding a largest market share of 84.49 USD Million in 2024
Middle East & Africa Hydrocarbon Solvents Market Scope
Middle East & Africa Hydrocarbon Solvents Market Segmentation & Scope
Type
- Others
- Cycloaliphatic Solvents
- Mineral Oils
- Aromatic Solvents
- Aliphatic Solvents
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
Frequently Asked Questions
The Middle East & Africa Hydrocarbon Solvents Market is segmented based on Segmentation Type,Application.
Middle East & Africa Hydrocarbon Solvents Market was valued at USD 255.86(Revenue in USD Million) in 2024.
Middle East & Africa Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Hydrocarbon Solvents Market for final year is USD 382.88 (USD Million).
Middle East & Africa Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Hydrocarbon Solvents Market is segmented based on Segmentation Type,Application.
Middle East & Africa Hydrocarbon Solvents Market was valued at USD 255.86(Revenue in USD Million) in 2024.
Middle East & Africa Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Hydrocarbon Solvents Market for final year is USD 382.88 (USD Million).
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