Thailand Hydrocarbon Solvents Market to 2032

Overview

The Thailand Hydrocarbon Solvents Market is expected to reach a 284.59 USD Million by 2032 and is projected to grow at a CAGR of 5.59% from 2025 to 2032.

Revenue, 2024 (USD Million)
187.34
Forecast, 2032 (USD Million)
284.59
CAGR, 2024 - 2032
5.59%
Report Coverage
Thailand

Thailand Hydrocarbon Solvents Market 2018-2032 USD Million

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

Market Growth and Projections:

  • Market Size (2024): 187.34 USD Million
  • Projected Market Size (2032): 284.59 USD Million
  • CAGR (2025-2032): 5.59%

Key Findings of Thailand Hydrocarbon Solvents Market

  • The Thailand Hydrocarbon Solvents Market was valued at 187.34 USD Million in 2024.
  • The Thailand Hydrocarbon Solvents Market is likely to grow at a CAGR of 5.59% 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 62.87 USD Million
  • The fastest growing segment Adhesives in Application Segment grew Fastest with a CAGR of 6.08% during the forecast period from 2024 to 2032.

Thailand Hydrocarbon Solvents Market Scope

Thailand 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

Thailand Hydrocarbon Solvents Market Data Coverage Insights

Study Period 2024-2032
Base Year 2024
Unit Revenue in USD Million
Market Value in 2024 187.34 USD Million
Market Value in 2032 284.59 USD Million
CAGR (2025-2032) 5.59%
Historic Data 2016-2023
Market Segments Covered Application,Type

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 187.34 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 187.34 USD Million in 2024.

Segments and Scope

  • Thailand Hydrocarbon Solvents Market to 2032, By Application
    • Paints and Coatings is the largest segment in Thailand Hydrocarbon Solvents Market to 2032 with a revenue of 40.94 USD Million in the year 2024.
    • Adhesives is the Fastest growing segment in Thailand Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.73 % in forecast period 2025-2032.
  • Thailand Hydrocarbon Solvents Market to 2032, By Type
    • Aliphatic Solvents is the largest segment in Thailand Hydrocarbon Solvents Market to 2032 with a revenue of 62.87 USD Million in the year 2024.
    • Aliphatic Solvents is the Fastest growing segment in Thailand Hydrocarbon Solvents Market to 2032 with a Growth rate of 5.78 % in forecast period 2025-2032.

Thailand Hydrocarbon Solvents Market Company Share Analysis

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

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

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

Thailand Hydrocarbon Solvents Market Company Profiling

Thailand Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Thailand Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Thailand Hydrocarbon Solvents Market was valued at USD 187.34(Revenue in USD Million) in 2024.
Thailand Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.59% during the forecast period of 2024 to 2032.
The Aliphatic Solvents segment is expected to dominate the Thailand Hydrocarbon Solvents Market, holding a largest market share of 62.87 USD Million in 2024

Thailand Hydrocarbon Solvents Market Scope

Thailand 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 Thailand Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Thailand Hydrocarbon Solvents Market was valued at USD 187.34(Revenue in USD Million) in 2024.
Thailand Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.59% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Hydrocarbon Solvents Market for final year is USD 284.59 (USD Million).

Thailand Hydrocarbon Solvents Market Company Profiling

Thailand Hydrocarbon Solvents Market Company Profiling
Frequently Asked Questions
The Thailand Hydrocarbon Solvents Market is segmented based on Segmentation Application,Type.
Thailand Hydrocarbon Solvents Market was valued at USD 187.34(Revenue in USD Million) in 2024.
Thailand Hydrocarbon Solvents Market is projected to grow at a CAGR of 5.59% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Hydrocarbon Solvents Market for final year is USD 284.59 (USD Million).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.