South Africa Solvents Market to 2032
Overview
The South Africa Solvents Market is expected to reach a 488.27 USD Million by 2032 and is projected to grow at a CAGR of 5.86% from 2025 to 2032.
Revenue, 2024 (USD Million)
347.35
Forecast, 2032 (USD Million)
488.27
CAGR, 2024 - 2032
5.86%
Report Coverage
South Africa
South Africa Solvents Market 2018-2032 USD Million
South Africa Solvents Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 347.35 USD Million
- Projected Market Size (2032): 488.27 USD Million
- CAGR (2025-2032): 5.86%
Key Findings of South Africa Solvents Market
- The South Africa Solvents Market was valued at 347.35 USD Million in 2024.
- The South Africa Solvents Market is likely to grow at a CAGR of 5.86% 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 261.39 USD Million
- The fastest growing segment Paints and Coatings in Application Segment grew Fastest with a CAGR of 6.46% during the forecast period from 2024 to 2032.
South Africa Solvents Market Scope
South Africa Solvents Market Segmentation & Scope
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
South Africa Solvents Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 347.35 USD Million |
| Market Value in 2032 | 488.27 USD Million |
| CAGR (2025-2032) | 5.86% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Category,Source |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 347.35 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 347.35 USD Million in 2024.
Segments and Scope
-
South Africa Solvents Market to 2032, By Application
- Paints and Coatings is the largest segment in South Africa Solvents Market to 2032 with a revenue of 160.29 USD Million in the year 2024.
- Paints and Coatings is the Fastest growing segment in South Africa Solvents Market to 2032 with a Growth rate of 6.46 % in forecast period 2025-2032.
-
South Africa Solvents Market to 2032, By Category
- Oxygenated Solvents is the largest segment in South Africa Solvents Market to 2032 with a revenue of 230.96 USD Million in the year 2024.
- Oxygenated Solvents is the Fastest growing segment in South Africa Solvents Market to 2032 with a Growth rate of 6.02 % in forecast period 2025-2032.
-
South Africa Solvents Market to 2032, By Source
- Conventional is the largest segment in South Africa Solvents Market to 2032 with a revenue of 261.39 USD Million in the year 2024.
- Bio-Based is the Fastest growing segment in South Africa Solvents Market to 2032 with a Growth rate of 5.78 % in forecast period 2025-2032.
South Africa Solvents Market Company Share Analysis
| Company Name |
|
||
| BP p.l.c. | |||
| Celanese Corporation | |||
| ADM | |||
| Eastman Chemical Company or its subsidiaries | |||
| Shell | |||
South Africa Solvents Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Solvents Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Solvents Market is segmented based on Segmentation Application,Category,Source.
South Africa Solvents Market was valued at USD 347.35(Revenue in USD Million) in 2021.
South Africa Solvents Market is projected to grow at a CAGR of 5.86% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the South Africa Solvents Market, holding a largest market share of 261.39 USD Million in 2024
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South Africa Solvents Market Scope
South Africa Solvents Market Segmentation & Scope
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
Frequently Asked Questions
The South Africa Solvents Market is segmented based on Segmentation Application,Category,Source.
South Africa Solvents Market was valued at USD 347.35(Revenue in USD Million) in 2021.
South Africa Solvents Market is projected to grow at a CAGR of 5.86% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Solvents Market for final year is USD 488.27 (USD Million).
South Africa Solvents Market Company Profiling
Frequently Asked Questions
The South Africa Solvents Market is segmented based on Segmentation Application,Category,Source.
South Africa Solvents Market was valued at USD 347.35(Revenue in USD Million) in 2021.
South Africa Solvents Market is projected to grow at a CAGR of 5.86% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Solvents Market for final year is USD 488.27 (USD Million).
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