| Product Code: ETC6667441 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada solvent market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -31.94%. Furthermore, the compound annual growth rate (CAGR) for the period 2020-2024 stood at -26.3%. This significant downturn could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.

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 Canada Solvent Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Solvent Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Solvent Market - Industry Life Cycle |
3.4 Canada Solvent Market - Porter's Five Forces |
3.5 Canada Solvent Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Canada Solvent Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Canada Solvent Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable solvents due to increasing environmental regulations in Canada |
4.2.2 Expansion of end-user industries such as paints and coatings, pharmaceuticals, and chemical manufacturing |
4.2.3 Innovations in solvent technology leading to the development of high-performance and cost-effective solvents |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the overall production cost of solvents |
4.3.2 Stringent regulations on the use of certain solvent types leading to market limitations |
4.3.3 Competition from alternative solutions like bio-based solvents impacting market growth |
5 Canada Solvent Market Trends |
6 Canada Solvent Market, By Types |
6.1 Canada Solvent Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Solvent Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Canada Solvent Market Revenues & Volume, By Alcohols, 2021- 2031F |
6.1.4 Canada Solvent Market Revenues & Volume, By Hydrocarbons, 2021- 2031F |
6.1.5 Canada Solvent Market Revenues & Volume, By Ketones, 2021- 2031F |
6.1.6 Canada Solvent Market Revenues & Volume, By Esters, 2021- 2031F |
6.1.7 Canada Solvent Market Revenues & Volume, By Chlorinated, 2021- 2031F |
6.1.8 Canada Solvent Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Canada Solvent Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Canada Solvent Market Revenues & Volume, By Petrochemical-based, 2021- 2031F |
6.2.3 Canada Solvent Market Revenues & Volume, By Bio and Green, 2021- 2031F |
6.3 Canada Solvent Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Solvent Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.3.3 Canada Solvent Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.3.4 Canada Solvent Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Canada Solvent Market Revenues & Volume, By Cosmetics and Adhesives, 2021- 2031F |
6.3.6 Canada Solvent Market Revenues & Volume, By Others, 2021- 2031F |
7 Canada Solvent Market Import-Export Trade Statistics |
7.1 Canada Solvent Market Export to Major Countries |
7.2 Canada Solvent Market Imports from Major Countries |
8 Canada Solvent Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly solvents in key industries |
8.2 Research and development investment in new solvent technologies |
8.3 Percentage of market share held by innovative solvent products |
8.4 Number of new product launches in the solvent market |
8.5 Environmental impact assessment score of solvents used in Canada |
9 Canada Solvent Market - Opportunity Assessment |
9.1 Canada Solvent Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Canada Solvent Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Canada Solvent Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Solvent Market - Competitive Landscape |
10.1 Canada Solvent Market Revenue Share, By Companies, 2024 |
10.2 Canada 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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