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Aromatic Solvents Market Analysis - Industry Forecast 2024 | Global Players Are ExxonMobil, Shell, BASF, Eastman Chemical Company, LyondellBasell, INEOS, Chevron Phillips Chemical Company, Celanese, Huntsman Corporation
Aromatic Solvents Market
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The aromatic solvents industry involves volatile organic compound (VOC) which may cause outdoor and indoor pollution of the surroundings. Owing to the threat of health hazards possessed by them, the product market is directed by severe government regulations. This is likely to have negative impact on aromatic solvent industry in the forecast period. However, the emergence of eco-friendly chemicals, for instance, light aromatic fluids will likely propel the product market by 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ExxonMobil
2. Shell
3. BASF
4. Eastman Chemical Company
5. UOP LIMITED
6. LyondellBasell
7. Chevron Phillips Chemical Company
8. Celanese
9. Huntsman Corporation
10. BAZAN Group Oil Refineries Ltd
11. Petrochem
12. INEOS
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The oilfield chemical applications generated revenue exceeding USD 400 million in 2015. They will witness high demand for oil & gas extraction and will drive the aromatic solvents market in the forecast timespan. Pharmaceutical applications will observe growth trends of CAGR over 2% by 2024 for their use in the synthesis of active excipients and for drug preparation.
• Aromatic Solvents Product Analysis (Volume, Kilo Tons & Revenue, USD Million; 2013 - 2024)
o Benzene
o Toluene
o Xylene
o Others
• Aromatic Solvents Application Analysis (Volume, Kilo Tons & Revenue, USD Million; 2013 - 2024)
o Pharmaceuticals
o Oilfield Chemicals
o Automotive
o Paints & coatings
o Others
Browse key industry insights spread across 103 pages with 139 market data tables & 11 figures & charts from the report, “Aromatic Solvents Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/aromatic-solvents-market
U.S aromatic solvents market share is projected to expand at over 3% CAGR by 2024.
Asia Pacific, particularly led by China, India and Japan, aromatic solvents market size was dominant and was valued at over 2.5 billion in 2015. Robust growth in construction and automotive industry will boost regional growth.
Key market players are Exxon Mobil Corporation, INEOS AG, Oil Refineries Ltd., BASF SE, Royal Dutch Shell plc, UOP LLC, Chevron Phillips Chemical Company LLC, Eastman Chemical Company, Petrochem Carless, Celanese Corporation, Huntsman Corporation and Lyondellbasell Industries N.V
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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