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The hydrocarbon solvents market is forecasted to grow by USD 2.74 billion during 2023-2028, accelerating at a CAGR of 5.24% during the forecast period. The report on the hydrocarbon solvents market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in extraction and refining processes of hydrocarbons, steady demand for durable and high-performance coatings, and growing emphasis on bio-based and low-VOC hydrocarbon solvents.
The hydrocarbon solvents market is segmented as below:
By Type
- Aromatic
- Aliphatic
- Others
By End-user
- Paints and coatings
- Adhesives
- Printing inks
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the hydrocarbon solvents market covers the following areas:
- Hydrocarbon solvents market sizing
- Hydrocarbon solvents market forecast
- Hydrocarbon solvents market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 The Publisher Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Additional Value/Volume Data
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hydrocarbon solvents market: BASF SE, Chemex Organochem Pvt Ltd., Chevron Phillips Chemical Co. LLC, Clariant AG, Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., Honeywell International Inc., Huntsman Corp., Idemitsu Kosan Co. Ltd., INEOS AG, LyondellBasell Industries N.V., Neste Corp., Reliance Industries Ltd., Sasol Ltd., Shell plc, SK geo centric Co Ltd, Sydney Solvents, TotalEnergies SE, and Univar Solutions Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise of digitalization and automation in hydrocarbon solvent manufacturing."
According to the report, one of the major drivers for this market is the advances in extraction and refining processes of hydrocarbons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Chemex Organochem Pvt Ltd.
- Chevron Phillips Chemical Co. LLC
- Clariant AG
- Dow Inc.
- Eastman Chemical Co.
- Exxon Mobil Corp.
- Honeywell International Inc.
- Huntsman Corp.
- Idemitsu Kosan Co. Ltd.
- INEOS AG
- LyondellBasell Industries N.V.
- Neste Corp.
- Reliance Industries Ltd.
- Sasol Ltd.
- Shell plc
- SK geo centric Co Ltd
- Sydney Solvents
- TotalEnergies SE
- Univar Solutions Inc.
