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Aromatic solvent is a type of hydrocarbon that has alternating double and single bonds between carbon atoms, which form rings. Aromatic solvents are powerful solvents for organic liquids. They are widely used in a variety of industries such as paints, petrochemicals, cleaners, adhesives, dyes, and varnishes.
According to our (Global Info Research) latest study, the global Aromatic Solvents market size was valued at USD 5139.9 million in 2022 and is forecast to a readjusted size of USD 5908.1 million by 2029 with a CAGR of 2.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report is a detailed and comprehensive analysis for global Aromatic Solvents market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Aromatic Solvents market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Aromatic Solvents market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Aromatic Solvents market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Aromatic Solvents market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Aromatic Solvents
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Aromatic Solvents market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Petroleum & Chemical Corportaion, Exxonmobil, Total, BASF and Shell, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Aromatic Solvents market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Toluene
- Xylene
- Ethylbenzene
Market segment by Application
- Paints & Coatings
- Printing Inks
- Adhesives
- Metal Cleaning
- Others
Major players covered
- China Petroleum & Chemical Corportaion
- Exxonmobil
- Total
- BASF
- Shell
- Chevron Phillips Chemical
- Formosa Chemicals & Fibre Corporation
- Lyondellbasell Industries Holdings
- China National Petroleum Corporation (CNPC)
- Reliance Industries
- Chinese Petroleum Corporation (CPC)
- Bharat Petroleum Corporation
- Gotham Industries
- Haltermann Carless
- Indian Oil Corporation
- Pon Pure Chemicals Group
- Recochem
- W.M. Barr & Company
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aromatic Solvents product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aromatic Solvents, with price, sales, revenue and global market share of Aromatic Solvents from 2018 to 2023.
Chapter 3, the Aromatic Solvents competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aromatic Solvents breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Aromatic Solvents market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aromatic Solvents.
Chapter 14 and 15, to describe Aromatic Solvents sales channel, distributors, customers, research findings and conclusion.