Press release
Aromatic Solvents Market Size, Industry Share, Global Trends, Analysis, Growth and Forecast 2028
Aromatic Solvents Market
The aromatic solvents are organic chemicals that have a benzene ring structure. The aromatic solvents have a higher order than the aliphatic solvents and have a higher rate of solvency. These aromatic solvents are widely used in the manufacturing of paints and coatings. Paints and coatings are used in various industries such as automotive, construction, oilfield coatings, and others.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/sample/aromatic-solvents-market
The increase in the use of aromatic solvents in the pharmaceutical and oilfield industry is one of the major factors that have augmented the growth of the market. Aromatic solvents are used in the synthesis of various active pharmaceutical ingredients and in the cleaning of pharmaceutical equipment. Moreover, these solvents are also used in various drug formulation processes. In the oilfield industry, the aromatic solvents are used as corrosion inhibitors that are used in the internal protection of pipes when the fractional distillation process has been carried out.
The increase in the demand for corrosion inhibitors in the oil and gas industry is one of the major factors that have increased the demand for solvents in the market. Such applications of the aromatic solvents in the pharmaceutical and oilfield industry will further help in driving the market growth. However, industries shifting focus towards green solvents will be acting as a restraining factor for the market. High demand from the construction and automotive industries is expected to provide many opportunities for the key players working in the global aromatic solvents market.
The global aromatic solvents market can be divided on the basis of type, application, and region. The type of global aromatic solvents market is divided into ethylbenzene, xylene, and toluene. Based on application, the market is classified into adhesives, printing inks, paints & coatings, and others. Paints & coatings are slated to be the most dominating end-user segment for the aromatic solvents market with the highest growth rate over the forecast period. Moreover, the thriving automobile sector in regions such as the Asia Pacific is also expected to increase the demand for the market.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.zionmarketresearch.com/report/aromatic-solvents-market
Based on region, the market is divided into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. North America had the most significant share in the aromatic solvents market in terms of value during the year 2017. There is also an increase in the growth of pharmaceutical and oil field industries where aromatic solvents are largely used thereby positively affecting the overall market growth for aromatic solvents in North America.
Some of the key players operating in the global aromatic solvents market are China Petroleum & Chemical Corporation, Royal Dutch Shell Plc, China National Petroleum Corporation (CNPC), Exxon Mobil Corporation, SK Global Chemical Co., Ltd., BASF SE, LyondellBasell Industries Holdings B.V, Reliance Industries Limited, Total S.A, and Bharat Petroleum Corporation Limited, amongst others.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/inquiry/aromatic-solvents-market
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐จ๐ฆ๐๐ญ๐ข๐ ๐ฌ๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
๐๐ซ๐จ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ฉ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Toluene
Xylene
Ethylbenzene
๐๐ซ๐จ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Paints & Coatings
Adhesives
Printing Inks
Others
๐๐ก๐ ๐ค๐๐ฒ ๐๐๐๐ญ๐ฎ๐ซ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
-Competitive players and market share
-Market structure: Overview
-Growth drivers and constraints
-Porters Five Analysis
-SWOT Analysis
-Market trends and forecast
-Market segments and forecast
-Emerging trends
-Growth opportunities.
-Also, Research Report Examines the:
-Competitive companies and manufacturers in the global market
-By Product Type, Applications & Growth Factors
๐๐ก๐๐ง๐ค๐ฌ ๐๐จ๐ซ ๐ซ๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ญ๐ข๐๐ฅ๐ ; ๐ฒ๐จ๐ฎ ๐๐๐ง ๐๐ฅ๐ฌ๐จ ๐ ๐๐ญ ๐ข๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐๐ฅ ๐๐ก๐๐ฉ๐ญ๐๐ซ-๐ฐ๐ข๐ฌ๐ ๐ฌ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐จ๐ซ ๐ซ๐๐ ๐ข๐จ๐ง-๐ฐ๐ข๐ฌ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐๐ซ๐ฌ๐ข๐จ๐ง๐ฌ ๐ฅ๐ข๐ค๐ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐๐ฎ๐ซ๐จ๐ฉ๐, ๐จ๐ซ ๐๐ฌ๐ข๐.
๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐ @
https://www.openpr.com/news/2757891/global-3d-printing-plastics-market-size-scope-share-trends
https://www.openpr.com/news/2758802/global-ngs-sample-preparation-market-is-expected-to-reach-around
https://www.einpresswire.com/article/591020340/global-dental-insurance-market-is-expected-to-grow-by-usd-217-6-bn-during-2022-2026-accelerating-at-a-cagr-of-5-4
https://www.einpresswire.com/article/594681602/3d-printing-metals-market-to-witness-impressive-expansion-of-usd-2-321-million-with-highest-cagr-of-26-4-forecast-2028
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