Product Code: ETC6191581 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The solvent market in Australia spans a broad range of industrial applications, including paints and coatings, pharmaceuticals, adhesives, and cleaning agents. Demand is influenced by manufacturing output, construction activities, and regulatory policies on volatile organic compounds (VOCs). There is a growing shift toward environmentally friendly and low-VOC solvents to meet sustainability goals. Domestic production and imports compete to satisfy market requirements. Innovation focuses on solvent recovery and recycling technologies.
The solvent market in Australia is evolving with a shift towards bio-based and low-VOC (volatile organic compounds) solvents driven by environmental regulations and consumer preferences. Industrial sectors such as pharmaceuticals, paints and coatings, and adhesives are adopting greener solvents to reduce hazardous emissions. Innovation in solvent recovery and recycling technologies is also gaining importance, contributing to sustainable solvent use and reduced operational costs.
The solvent market in Australia deals with challenges including strict environmental regulations governing volatile organic compounds (VOCs) emissions. There is increasing pressure to replace traditional solvents with greener alternatives, which may require significant R&D investment. Fluctuating raw material prices and supply chain vulnerabilities add complexity. Additionally, end-user industries demand solvents with specific performance characteristics, limiting product flexibility.
Australias solvent market remains strong with consistent demand from the pharmaceutical, chemical, and coatings industries. Investment opportunities include solvent recycling units, bio-based solvent production, and storage and logistics infrastructure. Given the country`s environmental regulations, green chemistry and low-VOC solvents are particularly promising for long-term growth.
The solvent market is governed by several intersecting policies including chemical safety, environmental protection, and occupational health regulations. The Industrial Chemicals Environmental Management Standard (IChEMS) and the Australia Code for the Transport of Dangerous Goods by Road & Rail (ADG Code) affect handling and usage. Importers and manufacturers must comply with AICIS (Australia Industrial Chemicals Introduction Scheme) guidelines. Additionally, environmental agencies enforce disposal and recycling practices to manage solvent waste and reduce pollution.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Solvent Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Solvent Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Solvent Market - Industry Life Cycle |
3.4 Australia Solvent Market - Porter's Five Forces |
3.5 Australia Solvent Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Solvent Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Australia Solvent Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable solvents |
4.2.2 Growth in end-use industries such as automotive, construction, and pharmaceuticals |
4.2.3 Technological advancements leading to the development of innovative solvent products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in solvent production |
4.3.2 Stringent regulations regarding the use of certain types of solvents |
4.3.3 Competition from alternative products such as bio-based solvents |
5 Australia Solvent Market Trends |
6 Australia Solvent Market, By Types |
6.1 Australia Solvent Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Solvent Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Solvent Market Revenues & Volume, By Alcohols, 2021- 2031F |
6.1.4 Australia Solvent Market Revenues & Volume, By Hydrocarbons, 2021- 2031F |
6.1.5 Australia Solvent Market Revenues & Volume, By Ketones, 2021- 2031F |
6.1.6 Australia Solvent Market Revenues & Volume, By Esters, 2021- 2031F |
6.1.7 Australia Solvent Market Revenues & Volume, By Chlorinated, 2021- 2031F |
6.1.8 Australia Solvent Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Solvent Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Australia Solvent Market Revenues & Volume, By Petrochemical-based, 2021- 2031F |
6.2.3 Australia Solvent Market Revenues & Volume, By Bio and Green, 2021- 2031F |
6.3 Australia Solvent Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Solvent Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.3.3 Australia Solvent Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.3.4 Australia Solvent Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Australia Solvent Market Revenues & Volume, By Cosmetics and Adhesives, 2021- 2031F |
6.3.6 Australia Solvent Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Solvent Market Import-Export Trade Statistics |
7.1 Australia Solvent Market Export to Major Countries |
7.2 Australia Solvent Market Imports from Major Countries |
8 Australia Solvent Market Key Performance Indicators |
8.1 Research and development investment in solvent innovation |
8.2 Adoption rate of eco-friendly solvents in the market |
8.3 Number of patents filed for new solvent formulations |
8.4 Compliance rate with environmental regulations in solvent production |
8.5 Customer satisfaction and feedback on solvent performance and sustainability |
9 Australia Solvent Market - Opportunity Assessment |
9.1 Australia Solvent Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Solvent Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Australia Solvent Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Solvent Market - Competitive Landscape |
10.1 Australia Solvent Market Revenue Share, By Companies, 2024 |
10.2 Australia Solvent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |