| Product Code: ETC11408811 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Hong Kong`s aromatic solvent import market saw a significant shift in 2024, with top exporters including China, Singapore, Japan, Malaysia, and the USA. The market experienced a rise in concentration levels, moving from moderate to high concentration, indicating a more competitive landscape. Despite a negative compound annual growth rate of -5.66% from 2020 to 2024, there was a notable growth spurt in 2024 with a growth rate of 11.2% compared to the previous year. This suggests potential opportunities for both local and international players in the aromatic solvent import sector in Hong Kong.

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 Hong Kong Aromatic Solvent Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Aromatic Solvent Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Aromatic Solvent Market - Industry Life Cycle |
3.4 Hong Kong Aromatic Solvent Market - Porter's Five Forces |
3.5 Hong Kong Aromatic Solvent Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Aromatic Solvent Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Hong Kong Aromatic Solvent Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Hong Kong Aromatic Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the chemical industry in Hong Kong |
4.2.2 Increasing demand for aromatics in the manufacturing sector |
4.2.3 Rising awareness about the benefits of using aromatic solvents |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations on the use of aromatic solvents |
4.3.2 Fluctuating prices of raw materials |
4.3.3 Competition from alternative solvents like bio-based or green solvents |
5 Hong Kong Aromatic Solvent Market Trends |
6 Hong Kong Aromatic Solvent Market, By Types |
6.1 Hong Kong Aromatic Solvent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Aromatic Solvent Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Hong Kong Aromatic Solvent Market Revenues & Volume, By Benzene-Based, 2021 - 2031F |
6.1.4 Hong Kong Aromatic Solvent Market Revenues & Volume, By Toluene-Based, 2021 - 2031F |
6.1.5 Hong Kong Aromatic Solvent Market Revenues & Volume, By Xylene-Based, 2021 - 2031F |
6.2 Hong Kong Aromatic Solvent Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Aromatic Solvent Market Revenues & Volume, By Paints & Coatings, 2021 - 2031F |
6.2.3 Hong Kong Aromatic Solvent Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.4 Hong Kong Aromatic Solvent Market Revenues & Volume, By Adhesives & Sealants, 2021 - 2031F |
6.3 Hong Kong Aromatic Solvent Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Aromatic Solvent Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Hong Kong Aromatic Solvent Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 Hong Kong Aromatic Solvent Market Revenues & Volume, By Construction, 2021 - 2031F |
7 Hong Kong Aromatic Solvent Market Import-Export Trade Statistics |
7.1 Hong Kong Aromatic Solvent Market Export to Major Countries |
7.2 Hong Kong Aromatic Solvent Market Imports from Major Countries |
8 Hong Kong Aromatic Solvent Market Key Performance Indicators |
8.1 Environmental sustainability metrics (e.g., carbon footprint reduction, waste minimization) |
8.2 Innovation adoption rate (e.g., uptake of new technologies in aromatic solvent production) |
8.3 Customer satisfaction index (e.g., feedback on product quality, service efficiency) |
9 Hong Kong Aromatic Solvent Market - Opportunity Assessment |
9.1 Hong Kong Aromatic Solvent Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Aromatic Solvent Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Hong Kong Aromatic Solvent Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Hong Kong Aromatic Solvent Market - Competitive Landscape |
10.1 Hong Kong Aromatic Solvent Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Aromatic 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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