Press release
Europe Hydrocarbon Solvents Market Projected to Reach Nearly USD 2.15 Billion by 2027, Growing at a 5.2% CAGR
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:Maximize Market Research, a Europe Hydrocarbon Solvents business research firm has published a report on the Europe Hydrocarbon Solvents Market. Which provides Industry Analysis (business insights, demand analysis, pricing analysis, and competitive landscape).
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐จ๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Europe Hydrocarbon Solvents Market size was valued at US$ 1.51 Bn. in 2020 and the total revenue is expected to grow at 5.2 % through 2021 to 2027, reaching nearly US$ 2.15 Bn.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/106563/
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐ง๐๐ข๐ง๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ & ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐๐๐ญ๐จ๐ซ:
The Europe hydrocarbon solvents market in the chemical and material sector is shaped by several critical factors, including regulatory pressures, end-user industry demand, and shifts toward sustainable solutions. Stringent environmental regulations from the European Union, such as REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals), are significantly influencing the market, pushing companies to innovate and reduce the volatile organic compounds (VOCs) content in their products. This regulatory landscape has prompted a shift toward greener alternatives, including low-VOC and bio-based solvents, impacting the market demand for traditional hydrocarbon solvents.
The demand from industries like paints and coatings, adhesives, automotive, and pharmaceuticals also plays a key role in driving growth, as hydrocarbon solvents are essential for formulation, thinning, and cleaning processes. In particular, the automotive and construction sectors in Europe, with their high emphasis on quality and durability, rely on these solvents for applications such as coatings and sealants.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The method used to assess the Europe Hydrocarbon Solvents Market involves a variety of different approaches. The Europe Hydrocarbon Solvents Market research professionals collect information from both primary and secondary sources. Primary research involves engaging directly with industry professionals, producers, suppliers, and customers to obtain a better understanding of market patterns, consumer likes, and product needs. The main research methods are surveys and focus groups, which involve gathering fresh data to address a specific research issue. Secondary research includes examining current information from trusted sources like Europe Hydrocarbon Solvents market reports, industry publications, government agencies, and academic journals. Historical Agricultural market trends, competitor analysis, regulatory frameworks, and Data analysis techniques, such as statistical modelling, are utilized to interpret the collected data. This helps in creating precise market predictions and evaluating potential growth opportunities.
The Europe Hydrocarbon Solvents Market research methodology also takes into account geographical segmentation, which involves analysing regional differences in consumer preferences and market dynamics. Factors such as climate, cultural influences, and economic conditions that affect Connected Agriculture consumption are considered. By utilizing a combination of primary and secondary research, data analysis, and regional assessment in market research methodology, a thorough and trustworthy comprehension of the Europe Hydrocarbon Solvents Market is guaranteed. This offers significant insights for stakeholders, businesses, and decision-makers in these industries.
๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/106563/
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
The market report covers North America, Europe, Asia Pacific, South America, and the Middle East&Africa comprehensively. It provides information on the market trends in these areas, enabling stakeholders to grasp the factors influencing the Europe Hydrocarbon Solvents industry environment. In addition, the report provides a thorough examination of the market size and market share in the industry, presenting valuable information and statistics for making well-informed decisions. Analysis assists businesses and investors in evaluating the competitiveness of the market and recognizing potential areas for growth.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
โข White Spirits
โข Hexane
โข Aromatic
The market for hydrocarbon solvents in Europe is divided into three product categories: aromatic, hexane, and white spirits. During the projection period, the white spirits product segment is anticipated to have a noteworthy compound annual growth rate (CAGR) of approximately 2.2% in terms of volume. These are mostly composed of aliphatic molecules, with trace amounts of aromatic chemicals, such as xylene and toluene. These substances are used in detergents, adhesives, resins, and industrial paints.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Agriculture
โข Pharmaceutical
โข Paints & Coatings
โข Others
The market is divided by application, including paints and coatings, pharmaceuticals, and agricultural. In 2020, the paints and coatings application segment had the most market share, accounting for over 30% of total sales. Various organic thinners, such as aliphatic,, alcohols, aromatics, and white spirits, are used in paints. Because of industrial technology developments, changing consumer preferences, and product compositions that adhere to numerous regulatory changes, the paint and coatings industry is one of the most dynamic in the world.
๐ ๐จ๐ซ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/106563/
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โข Dow Dupont
โข Total SA
โข Royal Dutch Shell
โข Eastman Chemical Company
โข Chevron Corporation
โข Exxon Mobil Corporation
โข Leading Solvents
โข Huntsman International LLC
โข Honeywell International, Inc.
โข Banner Chemicals Limited
โข Kandla Energy & Chemicals Ltd.
โข Kemetyl Group
โข LyondellBasell Industries Holdings B.V.
โข Reliance Industries Limited
โข Ashland
โข Others
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ๐๐ซ๐จ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ฅ๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What growth strategies are the players considering to increase their presence in Europe Hydrocarbon Solvents?
What are the upcoming industry applications and trends for the Europe Hydrocarbon Solvents Market?
What segments are covered in the Europe Hydrocarbon Solvents Market?
Who are the key players in the Europe Hydrocarbon Solvents market?
What is Europe Hydrocarbon Solvents?
What segments are covered in the Europe Hydrocarbon Solvents Market?
Who are the leading companies and what are their portfolios in Europe Hydrocarbon Solvents Market?
What is the growth rate of the Europe Hydrocarbon Solvents Market?
Which are the factors expected to drive the Europe Hydrocarbon Solvents market growth?
What are the different segments of the Europe Hydrocarbon Solvents Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Hydrocarbon Solvents Market?
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ค๐๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/europe-hydrocarbon-solvents-market/106563/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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