Oxygenated Solvents Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Oxygenated Solvents Market in 2025 is assessed at USD 36.08 billion. The global market size surpassed USD 34.3 billion in 2024 and is projected to witness a CAGR of over 6.5%, crossing USD 77.77 billion revenue by 2037. Asia Pacific may touch USD 30.33 billion by 2037, due to booming urbanization and construction, especially in Northeast Asia.
The global oxygenated solvents market is expected to grow in the coming years as the paint and coatings industry expands due to increased demand and consumption of paint and coatings products around the world.
Furthermore, as some oxygenated solvents are used to produce insecticides, the rise in agricultural activities in emerging nations and the rising demand for crop protection products are expected to drive market growth in the coming years. Furthermore, rapid industrialization around the world, as well as increased regulations from governments to use bio and green solvents in various industries, are expected to drive market growth over the forecast time frame.
