Press release
Aromatic Solvents Market Growth, Trends & Forecast 2025 | Top key players - Royal Dutch Shell Plc, SK Chemical Co., Ltd, Exxon Mobil Corporation.
Aromatic Solvents Market
The Aromatic Solvents Market, as examined in the DataM Intelligence study, offers a comprehensive overview of the industry, enriched with in-depth insights, historical data, and key statistics. The report provides a thorough analysis of market dynamics, competitive strategies, and leading players, detailing their product offerings, pricing models, financial performance, expansion strategies, and regional presence.
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The Aromatic Solvents Market involves the production and sale of solvents derived from aromatic hydrocarbons like benzene, toluene, and xylene. These solvents are widely used in industries such as paints, coatings, adhesives, and chemicals for their excellent dissolving properties, volatility, and stability. Growing industrial applications and demand in manufacturing processes drive market growth globally.
Key Development
On April 25, 2022, Solvay announced the production of Rhodiasolv IRIS, a new-generation solvent with significant eco-friendly properties. Previously manufactured in China, this solvent will now be produced starting in 2023 at Solvay's facility in Melle, France, marking a strategic shift towards localized and sustainable manufacturing.
On February 25, 2021, Hengyi Industries began utilizing Honeywell UOP's innovative reforming and aromatics technology at its integrated petrochemical facility located in Pulau Muara Besar, Brunei. This advanced plant processes 200,000 barrels per day, highlighting increased investments in petrochemical conversion technologies driven by the rising demand for paraxylene in Asia.
Major Players Shaping the Aromatic Solvents Market:
The prominent players in Aromatic Solvents market research report are: Royal Dutch Shell Plc, SK Chemical Co., Ltd, Exxon Mobil Corporation, Celanese Corporation, Eastman Chemical Company, LyondellBasell, Chevron Phillips Chemical Company, BASF SE, Total S.A. and Pon Pure Chemicals.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Market Segments
By Type: Toluene Solvents, Xylene Solvents, Ethylbenzene Solvents.
By Application: Paints & Coatings, Printing Inks, Adhesives, Transportation, Cleaning & Degreasing.
The Aromatic Solvents industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Aromatic Solvents Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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