Aromatic Solvents Market was valued at USD 9.8 billion in 2021 and expected to grow with a significant growth rate CAGR of 5% between 2022 and 2028. Aromatic solvents have a high percentage of solvency, which helps in the formation of efficient homogeneous solutions. In addition, these solvents are well known for their high evaporation rates which help in speeding up the drying and curing process. All these above-mentioned properties of aromatic solvents are the main elements of various applications in paints and coatings, automotive, oilfield chemicals, pharmaceuticals, varnishes, nail polish remover and many other industries.
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Top Major Key Players Industries
Exxon Mobil Corporation
China Petroleum & Chemical Corporation
SK Global Chemical Co., Ltd.
BASF SE
Royal Dutch Shell PLC
Lyondellbasell Industries Holdings B.V.
Reliance Industries Limited (RIL)
China National Petroleum Corporation (CNPC)
Chinese Petroleum Corporation (CPC)
Total S.A.
By Product Type
Benzene
Xylene
Toluene
Others
By Application Type
Pharmaceuticals
Automotive
Oilfield Chemicals
Paints & Coatings
Others
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Scope of the Report
The research study analyzes the global Aromatic Solvents industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Aromatic Solvents Market Report
What was the Aromatic Solvents Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Aromatic Solvents Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Aromatic Solvents Market was the market leader in 2022
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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