The Asian oxygenated solvents market is likely to be valued at USD 1,552.66 million by 2027, at a CAGR of 5.1% from 2021–2027. Increasing application base for conventional solvents along with growing demand for alcohol solvents is projected to fuel the market growth over the coming years. Moreover, there has been a considerable demand for bio-based solvents in view of various environmental concerns to reduce VOCs. These factors are likely to drive the market for Asia oxygenated solvents over the forecast period.
Oxygenated solvents are organic solvents that contain oxygen molecules. Oxygenated solvents are usually produced by extracting elements from other chemicals in order to attain the desired consistency and balance of components. These solvents are widely used in the manufacture of paints, inks, adhesives, detergents, pharmaceuticals, cosmetics, as well as food products. Alcohol solvents are one of the most widely used group of oxygenated solvents, both for organic as well as inorganic substances.
The report provides detailed market outlook, and forecast the “Asia Oxygenated Solvents” market based on source, type, application and country.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2027 |
| Units Considered | USD Billion & Kilo Tons |
| Segmentation By Source |
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| Segmentation by Type |
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| Segmentation By Application |
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| Segmentation by Country |
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| Key Company Profiles | DowDuPont Inc., BASF SE., LyondellBasell Industries Holdings B.V., China Petrochemical Corporation, OXEA GmbH, Eastman Chemical Company, Royal Dutch Shell plc, Arkema Group, & Exxon Mobil Corporation, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Asia oxygenated solvents market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.4. Market opportunities & trends
3.4.1. Growing demand for alcohol solvents
3.4.2. Lower crude oil prices
3.5. Market dynamics
3.5.1. Market driver analysis
3.5.1.1. Increasing applications for conventional solvents
3.5.1.2. High demand for bio-based solvents to reduce VOCs
3.5.1.3. Impact analysis
3.5.2. Market restraint analysis
3.5.2.1. Solvent recycling technology affecting the demand for new solvents
3.5.2.2. Associated health hazards
3.5.2.3. Impact analysis
3.6. Industry analysis – Porter’s
3.6.1. Bargaining power of suppliers
3.6.2. Bargaining power of buyers
3.6.3. Threat of new entrants
3.6.4. Threat of substitutes
3.6.5. Competitive rivalry
3.7. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Industry impact of COVID-19 pandemic
5.1.1. Impact analysis by application
5.1.2. Analyst recommendations
CHAPTER 6. Asia Oxygenated Solvents Market Size and Forecast (2017 - 2027)
6.1. Asia Oxygenated Solvents Market, By Country (USD Billion) (Kilo Tons)
6.1.1. China
6.1.2. India
6.1.3. South Korea
6.1.4. Japan
6.1.5. South East Asia
6.2. Asia Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
6.2.1. Conventional Solvents
6.2.2. Bio-based Solvents
6.3. Asia Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
6.3.1. Alcohols
6.3.1.1. Methanol
6.3.1.2. Ethanol
6.3.1.3. Propanol
6.3.1.4. Butanol
6.3.1.5. Other Alcohols
6.3.2. Esters
6.3.2.1. Ethyl Acetate
6.3.2.2. Butyl Acetate
6.3.2.3. Pentyl Acetate
6.3.2.4. Other Acetates
6.3.2.4.1 Tertiary Butyl Acetate
6.3.2.4.2 Isopropyl Acetate
6.3.2.4.3 n-Propyl Acetate
6.3.3. Ketones
6.3.3.1. Acetone
6.3.3.2. MEK
6.3.3.3. MIBK
6.3.3.4. Other Ketones
6.3.4. Glycol Ethers
6.3.4.1. E-Series
6.3.4.2. P-Series
6.3.4.3. Butyl
6.3.5. Glycols
6.3.5.1. Propylene
6.3.5.2. Ethylene
6.3.6. Bio & Green Solvents
6.4. Asia Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
6.4.1. Paints & Coatings
6.4.2. Pharmaceuticals
6.4.3. Crop Protection
6.4.4. Personal Care
6.4.5. Cleaners
6.4.6. Lubricants
6.4.7. Others
CHAPTER 7. Asia Oxygenated Solvents Market Size and Forecast, By Country (2017 - 2027)
7.1. China Oxygenated Solvents Market (USD Billion) (Kilo Tons)
7.1.1. China Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
7.1.2. China Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
7.1.3. China Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
7.2. India Oxygenated Solvents Market (USD Billion) (Kilo Tons)
7.2.1. India Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
7.2.2. India Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
7.2.3. India Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
7.3. South Korea Oxygenated Solvents Market (USD Billion) (Kilo Tons)
7.3.1. South Korea Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
7.3.2. South Korea Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
7.3.3. South Korea Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
7.4. Japan Oxygenated Solvents Market (USD Billion) (Kilo Tons)
7.4.1. Japan Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
7.4.2. Japan Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
7.4.3. Japan Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
7.5. South East Asia Oxygenated Solvents Market (USD Billion) (Kilo Tons)
7.5.1. South East Asia Oxygenated Solvents Market, By Source (USD Billion) (Kilo Tons)
7.5.2. South East Asia Oxygenated Solvents Market, By Type (USD Billion) (Kilo Tons)
7.5.3. South East Asia Oxygenated Solvents Market, By Application (USD Billion) (Kilo Tons)
CHAPTER 8. Key Players and Strategic Developments
8.1. DowDuPont Inc.
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. BASF SE
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. LyondellBasell Industries Holdings B.V.
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. China Petrochemical Corporation
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. OXEA GmbH
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Eastman Chemical Company
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Royal Dutch Shell plc
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Exxon Mobil Corporation
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. INEOS Group Holdings S.A.
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Arkema Group
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. ASHOK ALCO-CHEM LIMITED
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Petroliam Nasional Berhad (PETRONAS)
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
