Industrial Solvent Market Set for 7.1% CAGR Through 2032 Amid...

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2026-07-16 09:44:05 -

Industrial Solvent Market Set for 7.1% CAGR Through 2032 Amid Growing Industrial Applications

Key Highlights Market valued at USD 51.19 billion in 2024. Forecast to reach USD 88.61 billion by 2032. Expected CAGR of 7.1%. Hydrocarbon solvents remain the leading product category. Paints & coatings account for nearly one-third of total demand. Asia Pacific represents approximately half of global solvent consumption. Pharmaceutical demand continues strengthening...

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