A11583 | Pages: NA | Sep 2022 | 1065 Views | ||
Author(s) : Eswara Prasad | Tables: NA | Charts: NA |
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The class of solvent that contains an aromatic hydrocarbon such as toluene, naphtha or xylene are aromatic solvents. These are the organic chemicals that are used in various applications such as paints, adhesives, adhesive and sealant, oil & gas and others. It has properties such as excellent solvency rate, corrosion resistance, and others.
Report Metric | Details |
Market Size Available for Years | 2020-2030 |
Base Year Considered | 2020 |
Forecast Period
| 2021-2030 |
Forecast Unit
| Value (USD) |
Segments Covered
| Type, Application and Region |
Regions Covered
| Europe, North America, Asia-Pacific, LAMEA, South America.
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Companies covered | LyondellBasell Industries Holdings B.V., BASF SE, SK Global Chemical Co., Ltd., China National Petroleum Corporation, Total S.A., China Petroleum and Chemical Corporation, Royal Dutch Shell Plc., ExxonMobil Corporation, Reliance Industries Limited, Chinese Petroleum Corporation. |
Top Impacting Factors
The aromatic solvents are generally in the industries such as petrochemicals, paints, cleaners, dyes, and others. This is because of its application such as degreasers in aforementioned industries. The aromatic solvents are used in oil and gas industry, owing to their corrosion resistance property. The growing construction sector is expected to offer lucrative opportunities to the aromatic solvent market. In addition, automotive industries are expected to witness growth during the forecast period, which is also expected to offer opportunities to the industrial participants. However, aliphatic solvents have better solvency as compared to aromatic solvents, which is hindering the aromatic solvent market growth.
Market Trends
Degreasers, which correspondingly decreased the demand for aromatic solvents.
By Type
By Application
By Region
Key Benefits of the Report
Questions answered in the aromatic solvent market report
Key Market Segments
Segments | Sub-segments |
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By Region |
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Key Market Players
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