| Product Code: ETC6364621 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to be a key destination for solvent imports, with significant shipments arriving from top exporting countries such as the Netherlands, Germany, Metropolitan France, Poland, and the UK. Despite a decline in the growth rate from 2023 to 2024, the market concentration remained high, indicating a competitive landscape. The negative CAGR from 2020 to 2024 suggests a challenging market environment, possibly impacted by various factors such as economic conditions or supply chain disruptions. Monitoring these trends can provide valuable insights for stakeholders in the solvent import industry in Belgium.

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 Belgium Solvent Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Solvent Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Solvent Market - Industry Life Cycle |
3.4 Belgium Solvent Market - Porter's Five Forces |
3.5 Belgium Solvent Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Solvent Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Belgium Solvent Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and bio-based solvents due to growing environmental concerns and regulations. |
4.2.2 Rising adoption of solvents in various industries such as pharmaceuticals, paints coatings, and personal care & cosmetics. |
4.2.3 Technological advancements leading to the development of innovative solvents with improved performance characteristics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in solvent production impacting overall production costs. |
4.3.2 Stringent regulations pertaining to volatile organic compounds (VOCs) emissions limiting the use of certain solvent types. |
4.3.3 Competition from alternative solutions such as water-based solvents affecting market growth. |
5 Belgium Solvent Market Trends |
6 Belgium Solvent Market, By Types |
6.1 Belgium Solvent Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Solvent Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Belgium Solvent Market Revenues & Volume, By Alcohols, 2021- 2031F |
6.1.4 Belgium Solvent Market Revenues & Volume, By Hydrocarbons, 2021- 2031F |
6.1.5 Belgium Solvent Market Revenues & Volume, By Ketones, 2021- 2031F |
6.1.6 Belgium Solvent Market Revenues & Volume, By Esters, 2021- 2031F |
6.1.7 Belgium Solvent Market Revenues & Volume, By Chlorinated, 2021- 2031F |
6.1.8 Belgium Solvent Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium Solvent Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Belgium Solvent Market Revenues & Volume, By Petrochemical-based, 2021- 2031F |
6.2.3 Belgium Solvent Market Revenues & Volume, By Bio and Green, 2021- 2031F |
6.3 Belgium Solvent Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Solvent Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.3.3 Belgium Solvent Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.3.4 Belgium Solvent Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Belgium Solvent Market Revenues & Volume, By Cosmetics and Adhesives, 2021- 2031F |
6.3.6 Belgium Solvent Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Solvent Market Import-Export Trade Statistics |
7.1 Belgium Solvent Market Export to Major Countries |
7.2 Belgium Solvent Market Imports from Major Countries |
8 Belgium Solvent Market Key Performance Indicators |
8.1 Research and development investment in sustainable solvent solutions. |
8.2 Number of new product launches in the solvent market. |
8.3 Adoption rate of eco-friendly solvents by key industries in Belgium. |
8.4 Percentage of solvent manufacturers complying with VOC regulations. |
8.5 Growth rate of the bio-based solvent segment in the Belgium market. |
9 Belgium Solvent Market - Opportunity Assessment |
9.1 Belgium Solvent Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Solvent Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Belgium Solvent Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Solvent Market - Competitive Landscape |
10.1 Belgium Solvent Market Revenue Share, By Companies, 2024 |
10.2 Belgium Solvent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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