2025-2031 Global Pharmaceutical Solvents Industry Research & Trends Analysis Report- YH Research

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2025-2031 Global Pharmaceutical Solvents Industry Research & Trends Analysis Report

Publication Date: 2025-11-26
Report Id: 2854610
Industry: Pharma & Healthcare
Report Page: 140
Chart: 136

PDF Download

Publication Date: 2025-11-26
Report Id: 2854610
Industry: Pharma & Healthcare
Report Page: 140
Chart: 136

PDF Download

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Table of Contents
Description
Table of Figures
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1 Market Overview
1.1 Pharmaceutical Solvents Definition
1.2 Global Pharmaceutical Solvents Market Size and Forecast
1.2.1 By Revenue, Global Pharmaceutical Solvents Market Size, 2020-2031
1.2.2 By Sales Volume, Global Pharmaceutical Solvents Market Size, 2020-2031
1.2.3 Global Pharmaceutical Solvents Price Trend, 2020-2031
1.3 China Pharmaceutical Solvents Market Size and Forecast
1.3.1 By Revenue, China Pharmaceutical Solvents Market Size, 2020-2031
1.3.2 By Sales Volume, China Pharmaceutical Solvents Market Size, 2020-2031
1.3.3 China Pharmaceutical Solvents Price Trend, 2020-2031
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Pharmaceutical Solvents Share in Global Market, 2020-2031
1.4.2 By Sales Volume, China Pharmaceutical Solvents Share in Global Market, 2020-2031
1.4.3 Pharmaceutical Solvents Market Size: China VS Global, 2020-2031
1.5 Pharmaceutical Solvents Market Dynamics
1.5.1 Pharmaceutical Solvents Market Drivers
1.5.2 Pharmaceutical Solvents Market Restraints
1.5.3 Pharmaceutical Solvents Industry Trends
1.5.4 Pharmaceutical Solvents Industry Policy

2 Global Competitive Landscape by Company
2.1 Global Pharmaceutical Solvents Revenue by Company, 2020-2025
2.2 Global Pharmaceutical Solvents Sales Volume by Company, 2020-2025
2.3 Global Pharmaceutical Solvents Price by Company, 2020-2025
2.4 Global Pharmaceutical Solvents Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Pharmaceutical Solvents Concentration Ratio
2.6 Global Pharmaceutical Solvents Mergers & Acquisitions, Expansion Plans
2.7 Global Pharmaceutical Solvents Manufacturers Product Type

3 China Competitive Landscape by Company
3.1 China Pharmaceutical Solvents Revenue by Company, 2020-2025
3.2 China Pharmaceutical Solvents Sales Volume by Company, 2020-2025
3.3 China Pharmaceutical Solvents Pharmaceutical Solvents Participants, Market Position (Tier 1, Tier 2, and Tier 3)
3.4 China Pharmaceutical Solvents Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)
3.5 Chinese Local Players, Pharmaceutical Solvents Domestic VS Export
3.6 China Market, Pharmaceutical Solvents Import & Export
3.6.1 China Market, Pharmaceutical Solvents Import & Export, 2020-2031
3.6.2 China Pharmaceutical Solvents Import & Export Trends
3.6.3 Main Sources of China Pharmaceutical Solvents Import
3.6.4 Export Destination of China Pharmaceutical Solvents

4 Pharmaceutical Solvents Production by Region
4.1 Global Pharmaceutical Solvents Capacity, Production and Capacity Utilization, 2020-2031
4.2 Global Geographic Distribution of Pharmaceutical Solvents Manufacturers
4.3 Global Major Manufacturers, Pharmaceutical Solvents Capacity Expansion and Future Plans
4.4 Global Pharmaceutical Solvents Capacity by Region
4.5 Global Pharmaceutical Solvents Production by Region
4.5.1 Global Pharmaceutical Solvents Production & Forecast by Region, 2020 VS 2024 VS 2031
4.5.2 Global Pharmaceutical Solvents Production by Region, 2020-2025
4.5.3 Global Pharmaceutical Solvents Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis
5.1 Pharmaceutical Solvents Industry Chain
5.2 Pharmaceutical Solvents Upstream Analysis
5.2.1 Pharmaceutical Solvents Core Raw Materials
5.2.2 Main Manufacturers of Pharmaceutical Solvents Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Pharmaceutical Solvents Production Mode
5.6 Pharmaceutical Solvents Procurement Model
5.7 Pharmaceutical Solvents Industry Sales Model and Sales Channels
5.7.1 Pharmaceutical Solvents Sales Model
5.7.2 Pharmaceutical Solvents Typical Distributors

6 Sights by Type
6.1 Pharmaceutical Solvents Classification by Type
6.1.1 Alcohols
6.1.2 Ketones
6.1.3 Esters
6.1.4 Ethers & Glycol Ethers
6.1.5 Hydrocarbon Solvents
6.1.6 Halogenated Solvents
6.1.7 Amines & Others
6.2 by Type, Global Pharmaceutical Solvents Market Size & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Pharmaceutical Solvents Revenue, 2020-2031
6.4 by Type, Global Pharmaceutical Solvents Sales Volume, 2020-2031
6.5 by Type, Global Pharmaceutical Solvents Price, 2020-2031

7 Sights by ICH Q3C
7.1 Pharmaceutical Solvents Classification by ICH Q3C
7.1.1 Class 3
7.1.2 Class 2
7.1.3 Class 1
7.2 by ICH Q3C, Global Pharmaceutical Solvents Market Size & CAGR, 2020 VS 2024 VS 2031
7.3 by ICH Q3C, Global Pharmaceutical Solvents Revenue, 2020-2031
7.4 by ICH Q3C, Global Pharmaceutical Solvents Sales Volume, 2020-2031
7.5 by ICH Q3C, Global Pharmaceutical Solvents Price, 2020-2031

8 Sights by Function
8.1 Pharmaceutical Solvents Classification by Function
8.1.1 Process Solvents
8.1.2 Formulation Solvents
8.1.3 Extraction & Purification Solvents
8.1.4 Others
8.2 by Function, Global Pharmaceutical Solvents Market Size & CAGR, 2020 VS 2024 VS 2031
8.3 by Function, Global Pharmaceutical Solvents Revenue, 2020-2031
8.4 by Function, Global Pharmaceutical Solvents Sales Volume, 2020-2031
8.5 by Function, Global Pharmaceutical Solvents Price, 2020-2031

9 Sights by Application
9.1 Pharmaceutical Solvents Segment by Application
9.1.1 Injectable Medications
9.1.2 Oral Medications
9.1.3 Topical Medications
9.1.4 Other
9.2 by Application, Global Pharmaceutical Solvents Market Size & CAGR, 2020 VS 2024 VS 2031
9.3 by Application, Global Pharmaceutical Solvents Revenue, 2020-2031
9.4 by Application, Global Pharmaceutical Solvents Sales Volume, 2020-2031
9.5 by Application, Global Pharmaceutical Solvents Price, 2020-2031

10 Sales Sights by Region
10.1 By Region, Global Pharmaceutical Solvents Market Size, 2020 VS 2024 VS 2031
10.2 By Region, Global Pharmaceutical Solvents Revenue, 2020-2031
10.3 By Region, Global Pharmaceutical Solvents Sales Volume, 2020-2031
10.4 North America
10.4.1 North America Pharmaceutical Solvents Market Size & Forecasts, 2020-2031
10.4.2 By Country, North America Pharmaceutical Solvents Market Size Market Share
10.5 Europe
10.5.1 Europe Pharmaceutical Solvents Market Size & Forecasts, 2020-2031
10.5.2 By Country, Europe Pharmaceutical Solvents Market Size Market Share
10.6 Asia Pacific
10.6.1 Asia Pacific Pharmaceutical Solvents Market Size & Forecasts, 2020-2031
10.6.2 By Country/Region, Asia Pacific Pharmaceutical Solvents Market Size Market Share
10.7 South America
10.7.1 South AmericaPharmaceutical Solvents Market Size & Forecasts, 2020-2031
10.7.2 By Country, South America Pharmaceutical Solvents Market Size Market Share
10.8 Middle East & Africa

11 Sales Sights by Country Level
11.1 By Country, Global Pharmaceutical Solvents Market Size & CAGR，2020 VS 2024 VS 2031
11.2 By Country, Global Pharmaceutical Solvents Revenue, 2020-2031
11.3 By Country, Global Pharmaceutical Solvents Sales Volume, 2020-2031
11.4 United States
11.4.1 United States Pharmaceutical Solvents Market Size, 2020-2031
11.4.2 By Company, United States Pharmaceutical Solvents Sales Volume Market Share, 2024
11.4.3 by Type, United States Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.4.4 by Application, United States Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.5 Europe
11.5.1 Europe Pharmaceutical Solvents Market Size, 2020-2031
11.5.2 By Company, Europe Pharmaceutical Solvents Sales Volume Market Share, 2024
11.5.3 by Type, Europe Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.5.4 by Application, Europe Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.6 China
11.6.1 China Pharmaceutical Solvents Market Size, 2020-2031
11.6.2 By Company, China Pharmaceutical Solvents Sales Volume Market Share, 2024
11.6.3 by Type, China Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.6.4 by Application, China Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.7 Japan
11.7.1 Japan Pharmaceutical Solvents Market Size, 2020-2031
11.7.2 By Company, Japan Pharmaceutical Solvents Market Share, 2024
11.7.3 by Type, Japan Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.7.4 by Application, Japan Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.8 South Korea
11.8.1 South Korea Pharmaceutical Solvents Market Size, 2020-2031
11.8.2 By Company, South Korea Pharmaceutical Solvents Market Share, 2024
11.8.3 by Type, South Korea Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.8.4 by Application, South Korea Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.9 Southeast Asia
11.9.1 Southeast Asia Pharmaceutical Solvents Market Size, 2020-2031
11.9.2 By Company, Southeast Asia Pharmaceutical Solvents Market Share, 2024
11.9.3 by Type, Southeast Asia Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.9.4 by Application, Southeast Asia Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.10 India
11.10.1 India Pharmaceutical Solvents Market Size, 2020-2031
11.10.2 By Company, India Pharmaceutical Solvents Market Share, 2024
11.10.3 by Type, India Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.10.4 by Application, India Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.11 Middle East & Africa
11.11.1 Middle East & Africa Pharmaceutical Solvents Market Size, 2020-2031
11.11.2 By Company, Middle East & Africa Pharmaceutical Solvents Market Share, 2024
11.11.3 by Type, Middle East & Africa Pharmaceutical Solvents Market Size, Share, 2024 VS 2031
11.11.4 by Application, Middle East & Africa Pharmaceutical Solvents Market Size, Share, 2024 VS 2031

12 Manufacturers Profile
12.1 BASF
12.1.1 BASF Company Information, Head Office, Market Area, and Industry Position
12.1.2 BASF Pharmaceutical Solvents Models, Specifications, and Application
12.1.3 BASF Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.1.4 BASF Company Profile and Main Business
12.1.5 BASF Recent Developments
12.2 Dow
12.2.1 Dow Company Information, Head Office, Market Area, and Industry Position
12.2.2 Dow Pharmaceutical Solvents Models, Specifications, and Application
12.2.3 Dow Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.2.4 Dow Company Profile and Main Business
12.2.5 Dow Recent Developments
12.3 ExxonMobil
12.3.1 ExxonMobil Company Information, Head Office, Market Area, and Industry Position
12.3.2 ExxonMobil Pharmaceutical Solvents Models, Specifications, and Application
12.3.3 ExxonMobil Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.3.4 ExxonMobil Company Profile and Main Business
12.3.5 ExxonMobil Recent Developments
12.4 Shell
12.4.1 Shell Company Information, Head Office, Market Area, and Industry Position
12.4.2 Shell Pharmaceutical Solvents Models, Specifications, and Application
12.4.3 Shell Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.4.4 Shell Company Profile and Main Business
12.4.5 Shell Recent Developments
12.5 Mitsubishi Chemical Group
12.5.1 Mitsubishi Chemical Group Company Information, Head Office, Market Area, and Industry Position
12.5.2 Mitsubishi Chemical Group Pharmaceutical Solvents Models, Specifications, and Application
12.5.3 Mitsubishi Chemical Group Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.5.4 Mitsubishi Chemical Group Company Profile and Main Business
12.5.5 Mitsubishi Chemical Group Recent Developments
12.6 Yip’s Chemical Holdings Limited
12.6.1 Yip’s Chemical Holdings Limited Company Information, Head Office, Market Area, and Industry Position
12.6.2 Yip’s Chemical Holdings Limited Pharmaceutical Solvents Models, Specifications, and Application
12.6.3 Yip’s Chemical Holdings Limited Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.6.4 Yip’s Chemical Holdings Limited Company Profile and Main Business
12.6.5 Yip’s Chemical Holdings Limited Recent Developments
12.7 Eastman Chemical Company
12.7.1 Eastman Chemical Company Company Information, Head Office, Market Area, and Industry Position
12.7.2 Eastman Chemical Company Pharmaceutical Solvents Models, Specifications, and Application
12.7.3 Eastman Chemical Company Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.7.4 Eastman Chemical Company Company Profile and Main Business
12.7.5 Eastman Chemical Company Recent Developments
12.8 Clariant
12.8.1 Clariant Company Information, Head Office, Market Area, and Industry Position
12.8.2 Clariant Pharmaceutical Solvents Models, Specifications, and Application
12.8.3 Clariant Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.8.4 Clariant Company Profile and Main Business
12.8.5 Clariant Recent Developments
12.9 Merck
12.9.1 Merck Company Information, Head Office, Market Area, and Industry Position
12.9.2 Merck Pharmaceutical Solvents Models, Specifications, and Application
12.9.3 Merck Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.9.4 Merck Company Profile and Main Business
12.9.5 Merck Recent Developments
12.10 Avantor
12.10.1 Avantor Company Information, Head Office, Market Area, and Industry Position
12.10.2 Avantor Pharmaceutical Solvents Models, Specifications, and Application
12.10.3 Avantor Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.10.4 Avantor Company Profile and Main Business
12.10.5 Avantor Recent Developments
12.11 Thermo Fisher Scientific
12.11.1 Thermo Fisher Scientific Company Information, Head Office, Market Area, and Industry Position
12.11.2 Thermo Fisher Scientific Pharmaceutical Solvents Models, Specifications, and Application
12.11.3 Thermo Fisher Scientific Pharmaceutical Solvents Sales Volume, Revenue, Price and Gross Margin, 2020-2025
12.11.4 Thermo Fisher Scientific Company Profile and Main Business
12.11.5 Thermo Fisher Scientific Recent Developments

13 Conclusion

14 Appendix
14.1 Research Methodology
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Market Estimation Model
14.4 Disclaimer

According to YH Research, the global market for Pharmaceutical Solvents should grow from US$ 4107 million in 2024 to US$ 5581 million by 2031, with a CAGR of 4.6% for the period of 2025-2031.

The strategic recalibration of 2025 U.S. tariff mechanisms is redefining global economic governance norms. This study deciphers the transmission mechanisms of tariff escalation pathways and global policy responses on corporate investment strategies, regional trade networks, and critical material supply architectures.

Pharmaceutical Solvents

According to YH Research, the global market for Pharmaceutical Solvents should grow from US$ 4107 million in 2024 to US$ 5581 million by 2031, with a CAGR of 4.6% for the period of 2025-2031.

Unit: US$ M

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In-depth insight into market trends

Pharmaceutical solvents are high-purity organic or inorganic liquids produced under GMP or pharma-grade quality systems to meet pharmacopeial and ICH Q3C residual-solvent requirements, used as reaction media, extraction and crystallization solvents, cleaning and disinfection agents, and as solvents or co-solvents in oral, injectable, topical and inhalation formulations; upstream they derive from basic petrochemicals and fine chemical intermediates (alcohols, ketones, esters, hydrocarbons, amide/amine solvents), midstream producers upgrade them via dedicated purification, impurity control and batch traceability, and downstream customers are API makers, formulation manufacturers and CDMOs, with pricing set at a premium to industrial-grade solvents and margins supported by regulatory compliance, quality differentiation and long-term supply relationships with pharmaceutical clients.

Pharmaceutical solvents, as the invisible backbone of the pharmaceutical industry, derive their development momentum from the dual drivers of pharmaceutical industry upgrading and regulatory standard enhancement. The continuous growth of injectables and parenteral drug delivery systems serves as the core driving force, demanding stringent requirements for solvent solubility and sterility. Particularly in the fields of biologics and biosimilars, pharmaceutical solvents provide stable carriers for active ingredients, ensuring precise drug efficacy release. The aging population and rising prevalence of chronic diseases fuel the global drug demand, while the development of innovative dosage forms (such as long-acting injectables and transdermal preparations) further expands solvent application scenarios.

The comprehensive upgrade of pharmacopoeia standards represents another significant driving force. The 2025 edition of the Chinese Pharmacopoeia establishes a more stringent pharmaceutical excipient standard system, clarifying the definitions and application boundaries of four types of pharmaceutical water, strengthening requirements for residual solvent and elemental impurity control, and aligning with international ICH standards. The implementation of pharmaceutical GMP excipient appendices promotes the industry toward refinement and standardization. Meanwhile, the "14th Five-Year Plan" policy support for high-end pharmaceutical excipients provides strategic opportunities for local enterprises to upgrade technology and expand markets.

The deepening of environmental concepts and sustainability requirements drive the solvent industry toward green transformation. Development of low-toxicity, biodegradable solvents has become a research hotspot. Aqueous solvents, with their 38.2% market dominance and 72% penetration in pharmaceutical industry, serve as a model for environmental transformation. Additionally, technological innovations in pharmaceutical water preparation (such as molecular sieve adsorption replacing traditional distillation) significantly improve production efficiency and product purity, injecting new momentum into the industry.

However, the pharmaceutical solvent industry faces multiple challenges. Regulatory compliance costs continue to rise, as countries implement stricter monitoring of high-risk solvents (such as propylene glycol and DMF), requiring companies to establish full-life-cycle quality traceability systems, increasing production costs and management difficulties. Some high-end solvents still rely on imports, with local enterprises lagging in precision purification technology and batch stability control, restricting the development of industrial self-control.

The risk of substitution cannot be ignored. With the development of new processes like supercritical fluid extraction and nanotechnology, traditional solvent application space is being squeezed. Fluctuations in raw material prices (especially petroleum-based organic solvents) directly affect production costs, while international supply chain uncertainties increase operational risks. Furthermore, different drug delivery systems have significantly different requirements for solvent performance, requiring companies to invest substantial resources in customized development, limiting economies of scale.

Looking ahead, the pharmaceutical solvent industry will develop toward "safety, efficiency, greenness, and intelligence." On one hand, precision solvent design will become a trend, developing specialized solvent systems for specific dosage forms and active ingredients. On the other hand, green solvents and sustainable production processes will lead industry transformation, helping the pharmaceutical industry achieve high-quality development.

This report aims to provide a comprehensive study of the global market for Pharmaceutical Solvents. 
Report Highlights:
(1) Global Pharmaceutical Solvents market size (sales volume & revenue), history data from 2020-2025, and forecast data from 2026 to 2031.

(2) Global Pharmaceutical Solvents market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(3) China Pharmaceutical Solvents market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(4) Global Pharmaceutical Solvents segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Pharmaceutical Solvents segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Global major production regions of Pharmaceutical Solvents, capacity, production and trends.

(7) Pharmaceutical Solvents industry supply chain, upstream, midstream, and downstream analysis.

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by Type, covers
    Alcohols
    Ketones
    Esters
    Ethers & Glycol Ethers
    Hydrocarbon Solvents
    Halogenated Solvents
    Amines & Others

Market segment by ICH Q3C, covers
    Class 3
    Class 2
    Class 1

Market segment by Function, covers
    Process Solvents
    Formulation Solvents
    Extraction & Purification Solvents
    Others

Market segment by Application, can be divided into
    Injectable Medications
    Oral Medications
    Topical Medications
    Other

Market segment by players, this report covers
    BASF
    Dow
    ExxonMobil
    Shell
    Mitsubishi Chemical Group
    Yip’s Chemical Holdings Limited
    Eastman Chemical Company
    Clariant
    Merck
    Avantor
    Thermo Fisher Scientific