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India Dearomatic Solvents Market to Witness a Rise of INR 5,073.4 Mn through 2016-2024
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The report titled “De-aromatic Solvents Market: India Industry Analysis and Forecast, 2016-2024” reveals that in 2016, INR 2,925.9 Mn were garnered from the sales of de-aromatic solvents in India, which is projected to reach INR 5,073.4 Mn by 2024-end, reflecting a CAGR of 7.1%.
Rising preference for high flash point products for metal working and drilling fluids applications expected to provide an impetus on the market.Some of the leading market participants are actively focusing on offering de-aromatic solvents that cater to specific end-use requirements.
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Of late, companies that are operating de-aromatic solvents market globally, are laying emphasis on further quality improvement and boosting the production of solvents using natural gas-based feedstock, which is synthesized using Gas-To-Liquid (GTL) technology as against conventional oil-based feedstock.
View and Download TOC of De-aromatic Solvents Market Research Report @ https://www.persistencemarketresearch.com/market-research/india-dearomatic-solvents-market/toc
The region of Asia Pacific is expected to be an attractive destination for manufacturers and suppliers of de-aromatic solvents, owing to its growing demand from some of emerging countries such as China, India and South Korea.Also, manufacturers are channelizing resources towards ramping up production capacities in order to cater to the soaring demand from a diverse set of industries.
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