Oxygenated Solvents Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market is segmented by Type (Alcohols, Ketones, Glycols, Esters, and Other Types), Application (Paints and Coatings, Pharmaceuticals, Cleaning Products, Cosmetics, Agriculture, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Oxygenated Solvents Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oxygenated Solvents Market Size

Oxygenated Solvents Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 7.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Oxygenated Solvents Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Oxygenated Solvents Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Oxygenated Solvents Market Analysis

The Oxygenated Solvents Market is expected to register a CAGR of greater than 7% during the forecast period.

  • The paints and coatings segment is predicted to be the largest application of oxygenated solvents over the forecast period. It is used to maintain the desired consistency and flow characteristics of paints and coatings.
  • The Asia-Pacific region is expected to be the largest market for the oxygenated solvents, owing to the growing consumption from countries, such as China, India, and Japan.

Oxygenated Solvents Industry Overview

The oxygenated solvents market is partially fragmented. Some of the companies operating in the business include BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, Arkema, and Royal Dutch Shell Plc.

Oxygenated Solvents Market Leaders

  1. BASF SE

  2. Exxon Mobil Corporation

  3. Eastman Chemical Company

  4. Royal Dutch Shell plc

  5. Arkema Group

  6. *Disclaimer: Major Players sorted in no particular order
BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, Royal Dutch Shell plc, Arkema Group
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Oxygenated Solvents Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Applications across Various Industries
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Unfavourable Conditions Arising due to the COVID-19 Outbreak
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Alcohols
    • 5.1.2 Ketones
    • 5.1.3 Glycols
    • 5.1.4 Esters
    • 5.1.5 Other Types
  • 5.2 Application
    • 5.2.1 Paints and Coatings
    • 5.2.2 Pharmaceuticals
    • 5.2.3 Cleaning Products
    • 5.2.4 Cosmetics
    • 5.2.5 Agriculture
    • 5.2.6 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East & Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Arkema Group
    • 6.4.2 BASF SE
    • 6.4.3 Dow
    • 6.4.4 Exxon Mobil Corporation
    • 6.4.5 Eastman Chemical Company
    • 6.4.6 INEOS
    • 6.4.7 OXEA GmbH
    • 6.4.8 Royal Dutch Shell Plc
    • 6.4.9 Solvay
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Oxygenated Solvents Industry Segmentation

The oxygenated solvents market report includes:

Type Alcohols
Ketones
Glycols
Esters
Other Types
Application Paints and Coatings
Pharmaceuticals
Cleaning Products
Cosmetics
Agriculture
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East & Africa Saudi Arabia
South Africa
Rest of Middle East & Africa
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Oxygenated Solvents Market Research FAQs

What is the current Oxygenated Solvents Market size?

The Oxygenated Solvents Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)

Who are the key players in Oxygenated Solvents Market?

BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, Royal Dutch Shell plc and Arkema Group are the major companies operating in the Oxygenated Solvents Market.

Which is the fastest growing region in Oxygenated Solvents Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Oxygenated Solvents Market?

In 2025, the Asia Pacific accounts for the largest market share in Oxygenated Solvents Market.

What years does this Oxygenated Solvents Market cover?

The report covers the Oxygenated Solvents Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Oxygenated Solvents Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Oxygenated Solvents Industry Report

Statistics for the 2025 Oxygenated Solvents market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oxygenated Solvents analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.