Press release
Aromatic Solvents Market In-depth Analysis Report
The Aromatic Solvents market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Aromatic Solvents companies during the forecast period.
Asia Pacific is projected to rise at a spectacular CAGR during the forecast period. The dominance of the regional market is attributed to the rapid growth of the chemicals industry. The global aromatic solvents market is projected to expand at a 2.6% CAGR from 2020 to 2026. Growing at this pace, the valuation of the market is anticipated to reach US$7 billion by the end of 2026.
The aromatic solvent is a solvent containing an aromatic hydrocarbon such as naphtha, toluene, or xylene. Aromatic solvent is mainly used as a solvent and diluents in various industrial fields. Aromatic solvents such as toluene are commonly used in paints, varnishes, adhesives, and chemical intermediates.
Firstly, the growing number of use of aromatic compounds in the pharmaceutical and oilfield industries is anticipated to accentuate the market growth in the coming years. Secondly, the substantial use of xylene in the synthesis of several active pharmaceutical ingredients and in the cleaning of pharmaceutical equipment will boost the aromatic solvents market. And thirdly, the use of aromatic solvents in various drug formulation process is expected to catalyze the market growth.
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Key Market Players Profile
Players covered in the report are:
Korea Petrochemical Ind
Huntsma
Ganga Rasayanie
Hanwha Group
SK global chemical
Ashland Global Holdings
Pampa Energía
Kandla Energy & Chemicals
Reliance Industries
Jiangsu Hualun
Galp Energia
Monument Chemical
Exxon Mobil
The report provides an analysis of the market's competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
On the basis of application, the Aromatic Solvents market is segmented into:
Oilfield Chemicals
Pharmaceuticals
Automotive
Paints and Coatings
By Type:
Ethylbenzene
Xylene
Toluene
Benzene
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Aromatic Solvents Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Aromatic Solvents Market by Types
4 Segmentation of Aromatic Solvents Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Aromatic Solvents Market in Major Countries
7 North America Aromatic Solvents Landscape Analysis
8 Europe Aromatic Solvents Landscape Analysis
9 Asia Pacific Aromatic Solvents Landscape Analysis
10 Latin America, Middle East & Africa Aromatic Solvents Landscape Analysis
11 Major Players Profile
…
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Major countries of North America, Europe, Asia Pacific, and the rest of the world are all exhaustive analyzed in the report. Apart from this, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
Key Stakeholders
Aromatic Solvents manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Aromatic Solvents
Aromatic Solvents industry associations and research organizations
Product managers, Aromatic Solvents industry administrator, C-level executives of the industries
Market Research and consulting firms
Key Features of the Aromatic Solvents Market Report
-Report customization as per the client’s requirements
-Analysis of product segments for Aromatic Solvents market with historical data and forecast
-Learn about the various market strategies that are being adopted by leading companies.
-Global Aromatic Solvents market size & trends, drivers, constraints, growth opportunities, regional and country level analysis, investment opportunities, and recommendations
-It provides a six-year forecast based on Aromatic Solvents market growth forecasts
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
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