United States Oxygenated Solvents Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

Oxygenated Solvents Market is expected to grow at a CAGR of 7.5% during the forecast period 2024-2031

Key Development:

United States: Recent Industry Developments

✅ In April 2025, BASF SE introduced EcoSolv, a glycol ether product range based on renewable raw materials. This initiative responds to increasing customer demand for sustainable solutions in coatings and industrial cleaning applications.

✅ In February 2025, Dow Chemical announced price increases for its oxygenated solvents in North America, effective February 1, 2025. For instance, Propanol Esters saw a price hike of $0.10 per pound, reflecting the company's strategic adjustments in response to market dynamics.

Japan: Recent Industry Developments

✅ In July 2025, Japan's Mitsubishi Gas Chemical (MGC) announced plans to cease the production of orthoxylene (OX) and phthalic anhydride (PA) from its Mizushima site, marking a strategic shift in its production focus.

✅ In June 2025, Japan's ENEOS Corporation signed a Memorandum of Understanding (MoU) with NTPC Green Energy Limited (NGEL) to explore the supply of renewable-based green methanol and hydrogen derivatives from NGEL's upcoming project in Andhra Pradesh, India.

✅ In May 2025, Japan's top oil refiner, Eneos Holdings, announced plans to increase investment in low-carbon energy sources such as liquefied natural gas and sustainable aviation fuel, while slowing efforts in cleaner alternatives like hydrogen.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/oxygenated-solvents-market?sb

Oxygenated solvents are organic solvents containing oxygen atoms in their molecular structure, such as alcohols, and ethers. They offer high solvency, low toxicity, and are widely used in coatings, pharmaceuticals, adhesives, and chemical synthesis.

Recent Mergers and acquisitions:

United States: Recent M&A Activity

✅ In February 2025, Thermo Fisher Scientific announced the acquisition of Solventum's purification and filtration business for approximately $4.1 billion. This strategic move enables Thermo Fisher to enter the filtration category in bioprocessing, enhancing its capabilities in drug development tools and services. The deal is expected to close by the end of 2025.

✅ In October 2025, Occidental Petroleum agreed to sell its chemicals division, OxyChem, to Berkshire Hathaway for $9.7 billion. This divestment aims to reduce Occidental's significant debt burden and allows the company to focus more on its core oil and gas business. The transaction is expected to close in the fourth quarter of 2025.

Japan: Recent M&A Activity

✅ In June 2025, Mitsubishi Gas Chemical (MGC) announced plans to cease the production of orthoxylene (OX) and phthalic anhydride (PA) at its Mizushima site. While not an acquisition, this strategic shift indicates a consolidation in Japan's solvent production landscape, potentially influencing future M&A activities in the region.

Key Players:

=> BASF SE, The Dow Chemical Company, OQ Chemicals, Eastman Chemical Company, Lyondellbasell Industries N.V., Royal Dutch Shell, ExxonMobil, Ineos, China Petroleum & Chemical Corporation (Sinopec) and Petroliam Nasional Berhad (Petronas).

Growth Forecast Projected:

The Global Oxygenated Solvents Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Oxygenated Solvents Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=oxygenated-solvents-market

Key Segments:

➥ By Source: Conventional Solvents, Bio and Green Solvents, Recycling, Seaweeds

➥ By Type: Alcohols, Esters,Glycol Ethers, Others

➥ By Application: Paints & Coatings, Crop Protection, Pharmaceuticals, Cleaners, Personal Care, Lubricants, Others

Regional Analysis for Oxygenated Solvents Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Oxygenated Solvents producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Oxygenated Solvents revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/oxygenated-solvents-market?sb

FAQ

Q: What is the growth rate of the Oxygenated Solvents Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2024 to 2031.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?sb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?sb

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.