Global Eco-friendly Solvent Oil Market Growth 2026-2032
Description
The global Eco-friendly Solvent Oil market size is predicted to grow from US$ 1245 million in 2025 to US$ 1675 million in 2032; it is expected to grow at a CAGR of 4.4% from 2026 to 2032.
Eco-friendly Solvent Oil is a petroleum-based solvent that undergoes deep hydrotreating and refining, resulting in low sulfur content, low aromatic hydrocarbons (saturated hydrocarbon content >99%), non-toxicity, no odor, minimal ozone depletion potential, and biodegradability. It effectively replaces traditional solvents and offers advantages such as strong solvency, good volatility, and safe use.The upstream supply primarily relies on basic raw materials provided by the petroleum refining industry, including hydrocracked residue oil, straight-run kerosene, and isoalkane raw materials produced from paraffinic oils.Global sales are projected to reach approximately 920,000 tons in 2025, with an average market price of approximately US$1383.14 per ton. The industry's gross profit margin is in the range of 15%–25%.
The growth drivers of the environmentally friendly solvent industry mainly stem from the rigid constraints of policies and regulations and the upgrading of end-consumer product quality. On the one hand, global VOCs emission reduction policies and stringent chemical regulations such as REACH and TSCA are forcing the paint and coatings, printing ink, and industrial cleaning industries to phase out highly toxic and odorous traditional solvents. On the other hand, the high-end market has generated a significant demand for special solvents with high flash points, low conductivity, and no sensory irritation.
LP Information, Inc. (LPI) ' newest research report, the “Eco-friendly Solvent Oil Industry Forecast” looks at past sales and reviews total world Eco-friendly Solvent Oil sales in 2025, providing a comprehensive analysis by region and market sector of projected Eco-friendly Solvent Oil sales for 2026 through 2032. With Eco-friendly Solvent Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Eco-friendly Solvent Oil industry.
This Insight Report provides a comprehensive analysis of the global Eco-friendly Solvent Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Eco-friendly Solvent Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Eco-friendly Solvent Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Eco-friendly Solvent Oil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Eco-friendly Solvent Oil.
This report presents a comprehensive overview, market shares, and growth opportunities of Eco-friendly Solvent Oil market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Normal Paraffin Solvent Oil
Isoparaffin Solvent Oil
Cycloparaffin Solvent Oil
Segmentation by Aromatic Hydrocarbon Content:
De-Aromatized
Low Aromatic
Segmentation by Flash Point:
Low Flash Point
Medium Flash Point
High Flash Point
Segmentation by Application:
Paints And Coatings
Industrial Cleaning
Printing Inks
Agriculture
Adhesives
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ExxonMobil
Shell
TotalEnergies
Idemitsu Kosan
INEOS
Chevron Phillips Chemical
Braskem
Haltermann Carless
Sasol
Flint Hills Resources
China Sinopec
Hebei Feitian Petrochemical
Luan Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Eco-friendly Solvent Oil market?
What factors are driving Eco-friendly Solvent Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Eco-friendly Solvent Oil market opportunities vary by end market size?
How does Eco-friendly Solvent Oil break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Eco-friendly Solvent Oil is a petroleum-based solvent that undergoes deep hydrotreating and refining, resulting in low sulfur content, low aromatic hydrocarbons (saturated hydrocarbon content >99%), non-toxicity, no odor, minimal ozone depletion potential, and biodegradability. It effectively replaces traditional solvents and offers advantages such as strong solvency, good volatility, and safe use.The upstream supply primarily relies on basic raw materials provided by the petroleum refining industry, including hydrocracked residue oil, straight-run kerosene, and isoalkane raw materials produced from paraffinic oils.Global sales are projected to reach approximately 920,000 tons in 2025, with an average market price of approximately US$1383.14 per ton. The industry's gross profit margin is in the range of 15%–25%.
The growth drivers of the environmentally friendly solvent industry mainly stem from the rigid constraints of policies and regulations and the upgrading of end-consumer product quality. On the one hand, global VOCs emission reduction policies and stringent chemical regulations such as REACH and TSCA are forcing the paint and coatings, printing ink, and industrial cleaning industries to phase out highly toxic and odorous traditional solvents. On the other hand, the high-end market has generated a significant demand for special solvents with high flash points, low conductivity, and no sensory irritation.
LP Information, Inc. (LPI) ' newest research report, the “Eco-friendly Solvent Oil Industry Forecast” looks at past sales and reviews total world Eco-friendly Solvent Oil sales in 2025, providing a comprehensive analysis by region and market sector of projected Eco-friendly Solvent Oil sales for 2026 through 2032. With Eco-friendly Solvent Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Eco-friendly Solvent Oil industry.
This Insight Report provides a comprehensive analysis of the global Eco-friendly Solvent Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Eco-friendly Solvent Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Eco-friendly Solvent Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Eco-friendly Solvent Oil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Eco-friendly Solvent Oil.
This report presents a comprehensive overview, market shares, and growth opportunities of Eco-friendly Solvent Oil market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Normal Paraffin Solvent Oil
Isoparaffin Solvent Oil
Cycloparaffin Solvent Oil
Segmentation by Aromatic Hydrocarbon Content:
De-Aromatized
Low Aromatic
Segmentation by Flash Point:
Low Flash Point
Medium Flash Point
High Flash Point
Segmentation by Application:
Paints And Coatings
Industrial Cleaning
Printing Inks
Agriculture
Adhesives
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ExxonMobil
Shell
TotalEnergies
Idemitsu Kosan
INEOS
Chevron Phillips Chemical
Braskem
Haltermann Carless
Sasol
Flint Hills Resources
China Sinopec
Hebei Feitian Petrochemical
Luan Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Eco-friendly Solvent Oil market?
What factors are driving Eco-friendly Solvent Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Eco-friendly Solvent Oil market opportunities vary by end market size?
How does Eco-friendly Solvent Oil break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
117 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Eco-friendly Solvent Oil by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Eco-friendly Solvent Oil by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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