Oxygenated Solvents Market Scope
Oxygenated Solvents are solvents that consist of chemical structures that contain carbon atoms, hydrogen atoms, and oxygen atoms. Oxygenated solvents are mostly produced by using distilling components from chemicals, which help in creating balance and consistency between ingredients for the end product. Oxygenated solvents are widely utilized in various applications, such as paints & coatings and pharmaceuticals, etc. Geographically North America is the leading region for the consumption and production of Oxygenated Solvents due to varieties of applications in various industries such as chemical, agriculture, and paint industry. Hence these are the factor that triggering the market over the forecast period
The Oxygenated Solvents market study is segmented, by Application (Paint &Coating, Pharmaceutical, Agriculture and Others) and major geographies with country level break-up.
The market is expected to grow market in manufacturing as well personal care products. It has wide application in cleaning and healthcare product is driving the demand for the market. Several companies are operating in the market to provide customers with better offers with various features & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. Which is triggering the market growth over the forecast period
OXEA(Germany.), BASF (Germany.), , The Dow Chemical Company (United States), Royal Dutch Shell (Netherlands), ExxonMobil (United States), Eastman Chemical Company (United States), LyondellBasell (Netherlands), SINOPEC (China), Petronas (Singapore), Arkema Group (France), Lneos (United Kingdom) and Petroliam Nasional Berhad (Singapore) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Oxygenated Solvents market by Type, Application and Region.
On the basis of geography, the market of Oxygenated Solvents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 29 January 2020, Oxea GmbH, Oman Oil Company & Orpic Group has joined eight other companies to create a new, integrated energy company that will be under the brand name OQ
On 2nd April 2019, Braskem has to launch a renewable solvent that is made from sugarcane ethanol. The product called HE-70S and raw materials containing biobased carbon which is part of the oxygenated solvents group and On 30 June 2020, Evonik Care Solutions Business Line has launched the TOMAKLEEN G-14 product which will replace oxygenated solvents for industrial and institutional cleaning products especially in the North American region
- The increasing demand for conventional oxygenated solvents
- It has wide application in various industries such as Cosmetics and automobile
- Huge consumption of Oxygenated Solvents in construction for painting and coating
- Bio & green Oxygenated solvents have demand from the consumer side
- Huge demand in the petroleum industry
- Excessive consumption may damage product quality
- Impact of Bio & Green Solvents on
- High Voc Emission by Conventional Oxygenated Solvents
Key Target AudienceManufacturing, Automobile, Supplier, Trader, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Oxygenated Solvents Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.