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The aromatic solvents market is forecasted to grow by USD 1271.13 million during 2023-2028, accelerating at a CAGR of 3.54% during the forecast period. The report on the aromatic 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 rise in building and construction activities, technological advancements in recovery and recycling processes of solvents, and rising use of aromatic solvents in specialty chemicals.
The aromatic solvents market is segmented as below:
By End-user
- Paints and coatings
- Automotive
- Pharmaceuticals
- Oilfield chemicals
- Others
By Type
- Toluene
- Xylene
- Ethylbenzene
- Benzene
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the aromatic solvents market covers the following areas:
- Aromatic solvents market sizing
- Aromatic solvents market forecast
- Aromatic 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 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aromatic solvents market: AGROFERT AS, Arham Petrochem Pvt. Ltd., BASF SE, Chevron Phillips Chemical Co. LLC, Compania Espanola de Petroleos SA, Eastman Chemical Co., Exxon Mobil Corp., HCS Group GmbH, Honeywell International Inc., Korea Petrochemical Ind. Co. Ltd., Monument Chemical, Neste Corp., ORG CHEM GROUP, Pampa Energia SA, RB Products Inc., Reliance Industries Ltd., Resolute Oil LLC, Saudi Arabian Oil Co., Shell plc, Shri Parth Petrochem, SK Innovation Co. Ltd., and Vinati Organics Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is focus of manufacturers on performance and efficiency."
According to the report, one of the major drivers for this market is the rise in building and construction activities.
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:
- AGROFERT AS
- Arham Petrochem Pvt. Ltd.
- BASF SE
- Chevron Phillips Chemical Co. LLC
- Compania Espanola de Petroleos SA
- Eastman Chemical Co.
- Exxon Mobil Corp.
- HCS Group GmbH
- Honeywell International Inc.
- Korea Petrochemical Ind. Co. Ltd.
- Monument Chemical
- Neste Corp.
- ORG CHEM GROUP
- Pampa Energia SA
- RB Products Inc.
- Reliance Industries Ltd.
- Resolute Oil LLC
- Saudi Arabian Oil Co.
- Shell plc
- Shri Parth Petrochem
- SK Innovation Co. Ltd.
- Vinati Organics Ltd.