Isoparaffin Solvent Market
Isoparaffin Solvent Market Analysis by Use in Paints & Coatings, Industrial, Adhesives & Sealants, Polymerization, Agrochemicals, and Pharma & Personal Care Products from 2024 to 2034
Analysis of Isoparaffin Solvent Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Isoparaffin Solvent Market Outlook (2024 to 2034)
According to the latest industry analysis by Fact.MR, the global isoparaffin solvent market size has been valued at US$ 858.6 million in 2024. Projections are that the market will expand at a CAGR of 3.8% to end up at US$ 1.25 billion by 2034.
Isoparaffins, also known as synthetic hydrocarbons, are one of the most versatile petroleum-based products. Based on the purity of isoparaffins, they are used in different industries such as personal care, cleaning, and agriculture.
Since isoparaffins are odorless solvents, they are widely used in odor-free paints, dry sprays, home sprays, and beauty products. These solvents have a high flash point, which results in lower inflammability. These features make them pretty useful in the metal solvent extraction process.
| Report Attributes | Details |
|---|---|
| Isoparaffin Solvent Market Size (2023A) | US$ 827.1 Million |
| Estimated Market Value (2024E) | US$ 858.6 Million |
| Forecasted Market Value (2034F) | US$ 1.25 Billion |
| Global Market Growth Rate (2024 to 2034) | 3.8% CAGR |
| North America Market Share (2024) | 28.6% |
| South Korea Market Growth Rate (2024 to 2034) | 6.1% CAGR |
| Key Companies Profiled | Exxon Mobil Corporation; Royal Dutch Shell plc.; Demits Kosan Co Ltd; Chevron Phillips Chemical Company; Mehta Petro Refineries Limited; RB Products, Inc.; Maruzen Petrochemical Co. Ltd.; Braskem; Other Prominent Players |
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Consumption Analysis of Isoparaffin Solvents (2019 to 2023) vs. Future Market Path (2024 to 2034)
The market for isoparaffin solvents exhibited steady growth in 2023 with global revenue up 3.8% year-over-year. This detailed industry analysis revealed that market revenue reached US$ 827.1 million at the end of 2023, which increased from US$ 712.5 million in 2019.
- Short Term (2024 to 2027): Increasing application of isoparaffin in the industrial sector coupled with steady increase in the use of paints in the construction sector will drive the market over the next few years. The scope of refined isoparaffin is widening in new agrochemicals and pharma and personal care products.
- According to the USDA Agricultural Marketing Services, refined isoparaffin has lower volatile organic compounds, which makes it fit for a variety of applications such as defoamers, cosmetics, waterless hand cleaners, water treatment products, and animal feed.
- Medium Term (2027 to 2030): Key market players will expand their business by increasing the manufacturing capacity of their plants. New technological advancements in manufacturing will improve the purity of solvents. Advanced technologies such as IoT will help manufacturers reduce the wastage in processes and increased automation will reduce the risk of hazardous incidents.
- Long Term (2030 to 2034): Hydrocarbon chemicals are non-renewable resources. In the long run, manufacturers are expected to find a sustainable way of manufacturing. Investments in R&D will play a crucial role in making the solvent more efficient and effective.
What are the Noteworthy Isoparaffin Solvent Market Trends?
“Extensive Usage of Isoparaffin Solvents in Inks, Aerosol, and Paints”
Most consumers prefer oil-based paints, which offer durability and a long-lasting finish. The low viscosity of isoparaffins allows superior spreading and wetting surface ability. To overcome the limitation of odor of oil-based paints, odorless solvents such as isoparaffins are widely used. Isoparaffinic solvents are also biodegradable, making them environment-friendly solvents, which is driving their usage across the world.
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What are the Challenges Encountered by Manufacturers of Isoparaffin Solvents?
“Price Volatility and Availability of Alternative Substitutes”
Isoparaffin solvents are derived from petroleum and pricing fluctuates depending upon the supply and demand for hydrocarbons. Manufacturers of isoparaffin solvents are vulnerable due to the price fluctuation of raw materials.
Also, its flammability nature poses a risk to transportation and storage. The operational handling cost of paraffin solvents is comparatively more than alternative solvents. Due to this, the threat of the use of alternative substances is emerging and is expected to affect isoparaffin solvent market growth to some extent.
Country-wise Insights
Why is Adoption of Isoparaffin Solvents High in the United States?
“Extensive Use of Isoparaffin Solvents in Cleaning Industry”
The market for isoparaffin solvents in the United States is estimated at a value of US$ 176.1 million in 2024 and is projected to expand at a CAGR of 4.2% through 2034. This market has been calculated to generate US$ 90.6 million absolute opportunity from 2024 to 2034.
Today’s modern customers expect their cleaning agents to perform better without damaging the substrates. Also, the product should not harm one’s health by irritating the skin or eyes. Isoparaffin is also used in polishes, which dissolve impurities and clean the surface. Isoparaffin solvents do not have a strong odor when compared with other cleansers, which assures the convenience of a cleaner and odor-free surface. Owing to this factor, in the United States, isoparaffin is not only used in households but in commercial cleaners as well.
Will China Be a Lucrative Market for Isoparaffinic Solvent Manufacturers?
“Constant Industrialization to Drive Isoparaffinic Solvent Usage”
The market in China has been estimated at a size of US$ 178.3 million in 2024 and is projected to expand at a CAGR of 4.4% to reach US$ 274.3 million by 2034.
Low surface tension and excellent solvency power of the isoparaffinic solvent make it an ideal solution for industrial cleaning applications. It is utilized for effectively removing oils, wax, greases, and other contaminants from surfaces. It does not leave any residue behind on the surface after cleaning; therefore, it is used for precision cleaning. It is also used for degreasing machinery and cleaning electronic components.
China is the world’s manufacturing hub.
- According to the Organization for Economic Cooperation and Development (OECD), the Chinese production and manufacturing sector accounted for 35% of the world’s gross production in 2023. Also, the government recently launched the 'Made in China 2025' campaign, which will ensure the Chinese manufacturing sector's prosperity.
With such growth in store, the isoparaffin solvent market size in China will expand at a steady rate over the next ten years.
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Category-wise Insights
Which Material is Widely Preferred for Production of Isoparaffin Solvents?
“High Demand for C9-C11 Isoparaffin Solvents Due to Their low viscosity”
The market value for C9-C11 isoparaffin solvents has been calculated at US$ 270.4 million in 2024, which is projected to expand at a CAGR of 4.2% to reach US$ 408.9 million by the end of 2034.
A refined mixture of C9-C11 is produced by hydrogenating the petroleum-derived feedstock in the presence of a catalyst. Eye makeup products such as mascara, manicuring preparations, skincare, and hair care products have isoparaffin solvents in them. C9-C10 is used as a viscosity-decreasing agent in these cosmetics and personal care products.
It is also used as a process solvent as it offers several benefits. Its low viscosity property allows easy flow and material penetration. When it is used as a solvent, it effectively dissolves substances such as resins, wax, organic compounds, and oils, in it. Furthermore, C9-C10 isoparaffin is a chemically stable solvent. It does not react with other substances, which reduces the risk of reaction with unwanted chemicals.
For Which Application are Isoparaffin Solvents Widely Preferred?
“High Demand for Isoparaffin Solvents for PTFE Extrusion Coating”
Extrusion of polytetrafluoroethylene is done for the manufacturing of pipes, tubes, and rods. During polytetrafluoroethylene (PTFE) extrusion, isoparaffin solvents are used as a lubricant and processing aid chemical. This helps reduce friction between the PTFE material and the extrusion equipment, which further helps minimize damage and defects in the product.
Hydrocarbon solvents have a relatively low boiling point, which means that they easily evaporate after the extrusion process. After evaporation, they leave behind a clean and pure extruded PTFE product. Also, the lower velocity of isoparaffin minimizes the content of residual solvent after the extrusion process, which ensures the quality and safety of the product.
Competitive Landscape
Key players in the isoparaffin solvent market are Exxon Mobil Corporation, Royal Dutch Shell plc., Demits Kosan Co Ltd, Chevron Phillips Chemical Company, Mehta Petro Refineries Limited, RB Products, Inc., Maruzen Petrochemical Co. Ltd., and Braskem, among others.
Companies are devoting a significant portion of their revenue to R&D and to the development and commercialization of products. Some are partnering with end-use industries to satisfy industry-specific needs and increase their isoparaffin solvent market share.
- In November 2023, Chevron Phillips Chemical announced its position as an operator for a new joint venture called Golden Triangle Polymers with QatarEnergy. Chevron Phillips Chemical on-boarded 28 process operators from the Golden Triangle region for its polymers facility in Orange County, Texas.
Fact.MR has provided detailed information about the price points of key manufacturers of isoparaffin solvents positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Isoparaffin Solvent Market Research
-
By Product Type :
- C4 to C8
- C9 to C11
- C12
- C13 to C14
- C15<
-
By Application :
- Paints & Coatings
- Industrial
- Metal Working Fluids
- Industrial Cleaning
- Adhesives & Sealants
- Polymerization
- Agrochemicals
- Pharma and Personal Care Products
- Others
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Demand Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Mn) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. C4-C8
- 7.2. C9-C11
- 7.3. C12
- 7.4. C13-C14
- 7.5. C15 <
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Paints & Coating
- 8.2. Industrial
- 8.2.1. Metal Working Fluids
- 8.2.2. Industrial Cleaning
- 8.3. Adhesives & Sealant
- 8.4. Polymerization
- 8.5. Agrochemical
- 8.6. Pharma and Personal Care Product
- 8.7. Others
- 9. Global Market Analysis and Forecast, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. Global Market Cross Sectional Analysis and Forecast, By End Use X By Product Type
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Western Europe Market Analysis and Forecast
- 14. Eastern Europe Market Analysis and Forecast
- 15. East Asia Market Analysis and Forecast
- 16. South Asia & Pacific Market Analysis and Forecast
- 17. Middle East & Africa Market Analysis and Forecast
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Exxon Mobil Corporation
- 20.2. Royal Dutch Shell plc.
- 20.3. Demits Kosan Co Ltd
- 20.4. Chevron Phillips Chemical Company
- 20.5. Total S.A.
- 20.6. Mehta Petro Refineries Limited
- 20.7. RB Products, Inc.
- 20.8. Maruzen Petrochemical CO.,LTD
- 20.9. Braskem
- 20.10. Other Market Players
- 21. Assumption & Acronyms Used
- 22. Research Methodology & Data Sources
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List Of Table
Table 01. Global Market Value (US$ million) by Region, 2019 to 2023
Table 02. Global Market Value (US$ million) and Forecast by Region, 2024 to 2034
Table 03. Global Market Volume (Liters) by Region, 2019 to 2023
Table 04. Global Market Volume (Liters) and Forecast by Region, 2024 to 2034
Table 05. Global Market Value (US$ million) By Product Type, 2019 to 2023
Table 06. Global Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 07. Global Market Volume (Liters) By Product Type, 2019 to 2023
Table 08. Global Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 09. Global Market Value (US$ million) By Application, 2019 to 2023
Table 10. Global Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 11. Global Market Volume (Liters) By Application, 2019 to 2023
Table 12. Global Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 13. North America Market Value (US$ million) by Country, 2019 to 2023
Table 14. North America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 15. North America Market Volume (Liters) by Country, 2019 to 2023
Table 16. North America Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 17. North America Market Value (US$ million) By Product Type, 2019 to 2023
Table 18. North America Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 19. North America Market Volume (Liters) By Product Type, 2019 to 2023
Table 20. North America Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 21. North America Market Value (US$ million) By Application, 2019 to 2023
Table 22. North America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 23. North America Market Volume (Liters) By Application, 2019 to 2023
Table 24. North America Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 25. Latin America Market Value (US$ million) by Country, 2019 to 2023
Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 27. Latin America Market Volume (Liters) by Country, 2019 to 2023
Table 28. Latin America Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 29. Latin America Market Value (US$ million) By Product Type, 2019 to 2023
Table 30. Latin America Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 31. Latin America Market Volume (Liters) By Product Type, 2019 to 2023
Table 32. Latin America Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 33. Latin America Market Value (US$ million) By Application, 2019 to 2023
Table 34. Latin America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 35. Latin America Market Volume (Liters) By Application, 2019 to 2023
Table 36. Latin America Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 37. Western Europe Market Value (US$ million) by Country, 2019 to 2023
Table 38. Western Europe Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 39. Western Europe Market Volume (Liters) by Country, 2019 to 2023
Table 40. Western Europe Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 41. Western Europe Market Value (US$ million) By Product Type, 2019 to 2023
Table 42. Western Europe Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 43. Western Europe Market Volume (Liters) By Product Type, 2019 to 2023
Table 44. Western Europe Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 45. Western Europe Market Value (US$ million) By Application, 2019 to 2023
Table 46. Western Europe Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 47. Western Europe Market Volume (Liters) By Application, 2019 to 2023
Table 48. Western Europe Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 49. Eastern Europe Market Value (US$ million) by Country, 2019 to 2023
Table 50. Eastern Europe Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 51. Eastern Europe Market Volume (Liters) by Country, 2019 to 2023
Table 52. Eastern Europe Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 53. Eastern Europe Market Value (US$ million) By Product Type, 2019 to 2023
Table 54. Eastern Europe Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 55. Eastern Europe Market Volume (Liters) By Product Type, 2019 to 2023
Table 56. Eastern Europe Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 57. Eastern Europe Market Value (US$ million) By Application, 2019 to 2023
Table 58. Eastern Europe Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 59. Eastern Europe Market Volume (Liters) By Application, 2019 to 2023
Table 60. Eastern Europe Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 61. East Asia Market Value (US$ million) by Country, 2019 to 2023
Table 62. East Asia Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 63. East Asia Market Volume (Liters) by Country, 2019 to 2023
Table 64. East Asia Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 65. East Asia Market Value (US$ million) By Product Type, 2019 to 2023
Table 66. East Asia Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 67. East Asia Market Volume (Liters) By Product Type, 2019 to 2023
Table 68. East Asia Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 69. East Asia Market Value (US$ million) By Application, 2019 to 2023
Table 70. East Asia Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 71. East Asia Market Volume (Liters) By Application, 2019 to 2023
Table 72. East Asia Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 73. South Asia & Pacific Market Value (US$ million) by Country, 2019 to 2023
Table 74. South Asia & Pacific Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 75. South Asia & Pacific Market Volume (Liters) by Country, 2019 to 2023
Table 76. South Asia & Pacific Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 77. South Asia & Pacific Market Value (US$ million) By Product Type, 2019 to 2023
Table 78. South Asia & Pacific Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 79. South Asia & Pacific Market Volume (Liters) By Product Type, 2019 to 2023
Table 80. South Asia & Pacific Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 81. South Asia & Pacific Market Value (US$ million) By Application, 2019 to 2023
Table 82. South Asia & Pacific Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 83. South Asia & Pacific Market Volume (Liters) By Application, 2019 to 2023
Table 84. South Asia & Pacific Market Volume (Liters) and Forecast By Application, 2024 to 2034
Table 85. MEA Market Value (US$ million) by Country, 2019 to 2023
Table 86. MEA Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 87. MEA Market Volume (Liters) by Country, 2019 to 2023
Table 88. MEA Market Volume (Liters) and Forecast by Country, 2024 to 2034
Table 89. MEA Market Value (US$ million) By Product Type, 2019 to 2023
Table 90. MEA Market Value (US$ million) and Forecast By Product Type, 2024 to 2034
Table 91. MEA Market Volume (Liters) By Product Type, 2019 to 2023
Table 92. MEA Market Volume (Liters) and Forecast By Product Type, 2024 to 2034
Table 93. MEA Market Value (US$ million) By Application, 2019 to 2023
Table 94. MEA Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 95. MEA Market Volume (Liters) By Application, 2019 to 2023
Table 96. MEA Market Volume (Liters) and Forecast By Application, 2024 to 2034
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 03. Global Market Value (US$ million) and Volume (Liters) by Region, 2024 & 2034
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2024 to 2034
Figure 05. Global Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 06. Global Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 07. Global Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 08. Global Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 09. North America Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 11. North America Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 12. North America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 13. North America Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 14. North America Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 15. North America Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 16. North America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 17. North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 18. North America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 19. North America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 20. Latin America Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 22. Latin America Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 23. Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 24. Latin America Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 25. Latin America Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 26. Latin America Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 27. Latin America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 28. Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 29. Latin America Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 30. Latin America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 31. Western Europe Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 32. Western Europe Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 33. Western Europe Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 34. Western Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 35. Western Europe Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 36. Western Europe Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 37. Western Europe Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 38. Western Europe Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 39. Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40. Western Europe Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 41. Western Europe Market Attractiveness Analysis By Application, 2024 to 2034
Figure 42. Eastern Europe Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 43. Eastern Europe Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 44. Eastern Europe Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 45. Eastern Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 46. Eastern Europe Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 47. Eastern Europe Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 48. Eastern Europe Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 49. Eastern Europe Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 50. Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 51. Eastern Europe Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 52. Eastern Europe Market Attractiveness Analysis By Application, 2024 to 2034
Figure 53. East Asia Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 54. East Asia Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 55. East Asia Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 57. East Asia Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 58. East Asia Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 59. East Asia Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 60. East Asia Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 61. East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 62. East Asia Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 63. East Asia Market Attractiveness Analysis By Application, 2024 to 2034
Figure 64. South Asia & Pacific Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 65. South Asia & Pacific Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 66. South Asia & Pacific Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 67. South Asia & Pacific Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 68. South Asia & Pacific Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 69. South Asia & Pacific Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 70. South Asia & Pacific Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 71. South Asia & Pacific Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 72. South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73. South Asia & Pacific Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 74. South Asia & Pacific Market Attractiveness Analysis By Application, 2024 to 2034
Figure 75. MEA Market Value (US$ million) and Volume (Liters) Forecast, 2024 to 2034
Figure 76. MEA Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 77. MEA Market Value (US$ million) and Volume (Liters) by Country, 2024 & 2034
Figure 78. MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 79. MEA Market Value (US$ million) and Volume (Liters) By Product Type, 2024 & 2034
Figure 80. MEA Market Y-o-Y Growth Rate By Product Type, 2024 to 2034
Figure 81. MEA Market Value (US$ million) and Volume (Liters) By Application, 2024 & 2034
Figure 82. MEA Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 83. MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 84. MEA Market Attractiveness Analysis By Product Type, 2024 to 2034
Figure 85. MEA Market Attractiveness Analysis By Application, 2024 to 2034
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- FAQs -
Which product type held a leading share of the isoparaffin solvent market in 2023?
The C9-C11 product type accounted for 31.3% share of the isoparaffin solvent market in 2023.
What is the estimated valuation of the isoparaffin solvent market in 2024?
The global isoparaffin solvent market is estimated to be valued at US$ 858.6 million in 2024.
Which region accounts for a leading market share?
East Asia is estimated to account for 36.5% share of the global market in 2024.
What is the demand projection for isoparaffin solvents for 2034?
Worldwide demand for isoparaffin solvents is projected to reach a market value of US$ 1.25 billion by 2034-end.
What is the sales projection for isoparaffin solvents through 2034?
Sales of isoparaffin solvents are forecasted to increase at a CAGR of 3.8% through 2034.
What value CAGR did the Isoparaffin solvent market exhibit over the last five years?
The historic growth rate of the market was 3% from 2019 to 2023.
Isoparaffin Solvent Market