The report on the Global Aromatic Solvents Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Aromatic solvents are readily soluble solvents which contain a typical aroma. These solvents are known as aromatic solvents as they consist an aroma in them. Owing to their high solubility aromatic solvents are used in numerous industrial applications. High boiling point, low eco toxicity and high solubility are essential aspects of aromatic solvents
Product segment global aromatic solvents market into toluene, xylene, benzene and others (including solvent naphtha such as aromatic 100, aromatic 150, aromatic 200, etc.) Based on end-use global aromatic solvents market is bifurcated as oilfield chemicals, automotive, paints & coatings, pharmaceuticals and others (including pesticide, textiles, cleaners, chemical intermediates, electronics, adhesive & sealants, perfumes, cosmetics, etc.).
Growth of automotive industry in the Asia Pacific is a significant factor to escalate the growth of this market. High demand for aromatic solvents from the paints and coatings industry is further expected to augment the growth of this market. Demand for agrochemicals for high yield crop production is another significant factor to upsurge the growth of this market. Aroma of aromatic solvents is used in cosmetics and perfumes which widely used. This in turn drives the growth of global aromatic solvents market. Further, end- user applications like adhesives and sealants are expected to open new opportunities for this market.
This report is segmented by geography as Europe, Asia Pacific, North America, Latin America and Middle East and Africa.
Major companies in the global aromatic solvents market are:
- Royal Dutch Shell plc
- Exxon Mobil Corporation
- BASF SE
- Chevron Phillips Chemical Company
- UOP LLC (Honeywell International, Inc.)
- LyondellBasell Industries N.V.
SEGMENTATIONS IN REPORT:
Aromatic Solvents By Product
- Benzene
- Toluene
- Xylene
- Others (Including Solvent Naphtha Such As Aromatic 100, Aromatic 150, Aromatic 200, Etc.)
Aromatic Solvents By End-User
- Pharmaceuticals
- Oilfield Chemicals
- Automotive
- Paints & Coatings
- Others (Including Pesticide, Textiles, Cleaners, Chemical Intermediates, Electronics, Adhesive & Sealants, Perfumes, Cosmetics, Etc.)
Aromatic Solvents By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Aromatic Solvents Market has been exhibited in detail in the following chapters -
Chapter 1 Aromatic Solvents Market Preface
Chapter 2 Executive Summary
Chapter 3 Aromatic Solvents Industry Analysis
Chapter 4 Aromatic Solvents Market Value Chain Analysis
Chapter 5 Aromatic Solvents Market Analysis By Product
Chapter 6 Aromatic Solvents Market Analysis By End-User
Chapter 7 Aromatic Solvents Market Analysis By Geography
Chapter 8 Competitive Landscape Of Aromatic Solvents Companies
Chapter 9 Company Profiles Of Aromatic Solvents Industry