Singapore Solvents Market to 2032

Overview

The Singapore Solvents Market is expected to reach a 1,530.25 USD Million by 2032 and is projected to grow at a CAGR of 7.70% from 2025 to 2032.

Revenue, 2024 (USD Million)
989.13
Forecast, 2032 (USD Million)
1,530.25
CAGR, 2024 - 2032
7.70%
Report Coverage
Singapore

Singapore Solvents Market 2018-2032 USD Million

Singapore Solvents Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 989.13 USD Million
  • Projected Market Size (2032): 1,530.25 USD Million
  • CAGR (2025-2032): 7.70%

Key Findings of Singapore Solvents Market

  • The Singapore Solvents Market was valued at 989.13 USD Million in 2024.
  • The Singapore Solvents Market is likely to grow at a CAGR of 7.70% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Conventional in Source Segment accounted for the largest share of the market with a revenue of 745.87 USD Million
  • The fastest growing segment Paints and Coatings in Application Segment grew Fastest with a CAGR of 8.36% during the forecast period from 2024 to 2032.

Singapore Solvents Market Scope

Singapore Solvents Market Segmentation & Scope
Category
  • Halogenated Solvents
  • Others
  • Hydrocarbon Solvents
  • Oxygenated Solvents
Source
  • Bio-Based
  • Conventional
Application
  • Metal Cleaning
  • Agricultural Chemicals
  • Polymer Manufacturing
  • Personal Care
  • Printing Inks
  • Adhesives
  • Pharmaceuticals
  • Others
  • Paints and Coatings

Singapore Solvents Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 989.13 USD Million
Market Value in 2032 1,530.25 USD Million
CAGR (2025-2032) 7.70%
Historic Data 2016-2023
Market Segments Covered Category,Source,Application

Regional Insights:

  • Leading Market (2024-2032): Singapore, leading in terms of revenue 989.13 USD Million in 2024
    • Key Country: Singapore, leading in terms of revenue with value of 989.13 USD Million in 2024.

Segments and Scope

  • Singapore Solvents Market to 2032, By Category
    • Oxygenated Solvents is the largest segment in Singapore Solvents Market to 2032 with a revenue of 655.25 USD Million in the year 2024.
    • Oxygenated Solvents is the Fastest growing segment in Singapore Solvents Market to 2032 with a Growth rate of 7.91 % in forecast period 2025-2032.
  • Singapore Solvents Market to 2032, By Source
    • Conventional is the largest segment in Singapore Solvents Market to 2032 with a revenue of 745.87 USD Million in the year 2024.
    • Bio-Based is the Fastest growing segment in Singapore Solvents Market to 2032 with a Growth rate of 7.64 % in forecast period 2025-2032.
  • Singapore Solvents Market to 2032, By Application
    • Paints and Coatings is the largest segment in Singapore Solvents Market to 2032 with a revenue of 448.78 USD Million in the year 2024.
    • Paints and Coatings is the Fastest growing segment in Singapore Solvents Market to 2032 with a Growth rate of 8.36 % in forecast period 2025-2032.

Singapore Solvents Market Company Share Analysis

 
Company Name Company Share Analysis
BP p.l.c.
Celanese Corporation
ADM
Eastman Chemical Company or its subsidiaries
Shell
Singapore Solvents Market Company Share Analysis

Singapore Solvents Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore Solvents Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore Solvents Market Company Profiling

Singapore Solvents Market Company Profiling
Frequently Asked Questions
The Singapore Solvents Market is segmented based on Segmentation Category,Source,Application.
Singapore Solvents Market was valued at USD 989.13(Revenue in USD Million) in 2021.
Singapore Solvents Market is projected to grow at a CAGR of 7.70% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the Singapore Solvents Market, holding a largest market share of 745.87 USD Million in 2024

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Singapore Solvents Market Scope

Singapore Solvents Market Segmentation & Scope
Category
  • Halogenated Solvents
  • Others
  • Hydrocarbon Solvents
  • Oxygenated Solvents
Source
  • Bio-Based
  • Conventional
Application
  • Metal Cleaning
  • Agricultural Chemicals
  • Polymer Manufacturing
  • Personal Care
  • Printing Inks
  • Adhesives
  • Pharmaceuticals
  • Others
  • Paints and Coatings
Frequently Asked Questions
The Singapore Solvents Market is segmented based on Segmentation Category,Source,Application.
Singapore Solvents Market was valued at USD 989.13(Revenue in USD Million) in 2021.
Singapore Solvents Market is projected to grow at a CAGR of 7.70% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Solvents Market for final year is USD 1,530.25 (USD Million).

Singapore Solvents Market Company Profiling

Singapore Solvents Market Company Profiling
Frequently Asked Questions
The Singapore Solvents Market is segmented based on Segmentation Category,Source,Application.
Singapore Solvents Market was valued at USD 989.13(Revenue in USD Million) in 2021.
Singapore Solvents Market is projected to grow at a CAGR of 7.70% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Solvents Market for final year is USD 1,530.25 (USD Million).

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