Aromatic Solvents Market by Type (Ethylbenzene, Toluene, Xylene), Application (Adhesives, Cleaning & Degreasing, Paints & Coatings) - Global Forecast 2024-2030

Aromatic Solvents Market by Type (Ethylbenzene, Toluene, Xylene), Application (Adhesives, Cleaning & Degreasing, Paints & Coatings) - Global Forecast 2024-2030


The Aromatic Solvents Market size was estimated at USD 7.17 billion in 2023 and expected to reach USD 7.39 billion in 2024, at a CAGR 3.26% to reach USD 8.97 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aromatic Solvents Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aromatic Solvents Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aromatic Solvents Market, highlighting leading vendors and their innovative profiles. These include Arham Petrochem Private Limited, BASF SE, Cepsa Química S.A., Chevron Phillips Chemical Company LLC, China National Petroleum Corporation, DEZA a. S., Eastman Chemical Company, Exxon Mobil Corporation, Ganga Rasayanie Pvt. Ltd., HCS Group GmbH, Huntsman Corporation, LyondellBasell Industries Holdings B.V., Neste Oyj, Pon Pure Chemicals Group, RB Products, Inc., SK Global Chemical Co., Ltd. by SK geo centric Co., Ltd., and Stanlee (India) Petrochem Private Limited.

Market Segmentation & Coverage

This research report categorizes the Aromatic Solvents Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

Ethylbenzene
  • Toluene
  • Xylene

    Mixed Xylene
  • Para-Xylene
  • Application

    Adhesives
  • Cleaning & Degreasing
  • Paints & Coatings
  • Printing Inks
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Aromatic Solvents Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aromatic Solvents Market?
    3. What are the technology trends and regulatory frameworks in the Aromatic Solvents Market?
    4. What is the market share of the leading vendors in the Aromatic Solvents Market?
    5. Which modes and strategic moves are suitable for entering the Aromatic Solvents Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Aromatic Solvents Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Rise in demand for solvents from the paints and coating industry
    5.1.1.2. Need for corrosion inhibitors in the oil and gas industry
    5.1.1.3. Use of aromatic solvents in crop protection products
    5.1.2. Restraints
    5.1.2.1. Stringent regulations regarding solvents
    5.1.3. Opportunities
    5.1.3.1. Introduction of bio-based aromatic solvents
    5.1.3.2. Use of novel solvent for aromatic hydrocarbon separation
    5.1.4. Challenges
    5.1.4.1. Environmental and health impact of aromatic solvents
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Aromatic Solvents Market, by Type
    6.1. Introduction
    6.2. Ethylbenzene
    6.3. Toluene
    6.4. Xylene
    6.5.1. Mixed Xylene
    6.5.2. Para-Xylene
    7. Aromatic Solvents Market, by Application
    7.1. Introduction
    7.2. Adhesives
    7.3. Cleaning & Degreasing
    7.4. Paints & Coatings
    7.5. Printing Inks
    8. Americas Aromatic Solvents Market
    8.1. Introduction
    8.2. Argentina
    8.3. Brazil
    8.4. Canada
    8.5. Mexico
    8.6. United States
    9. Asia-Pacific Aromatic Solvents Market
    9.1. Introduction
    9.2. Australia
    9.3. China
    9.4. India
    9.5. Indonesia
    9.6. Japan
    9.7. Malaysia
    9.8. Philippines
    9.9. Singapore
    9.10. South Korea
    9.11. Taiwan
    9.12. Thailand
    9.13. Vietnam
    10. Europe, Middle East & Africa Aromatic Solvents Market
    10.1. Introduction
    10.2. Denmark
    10.3. Egypt
    10.4. Finland
    10.5. France
    10.6. Germany
    10.7. Israel
    10.8. Italy
    10.9. Netherlands
    10.10. Nigeria
    10.11. Norway
    10.12. Poland
    10.13. Qatar
    10.14. Russia
    10.15. Saudi Arabia
    10.16. South Africa
    10.17. Spain
    10.18. Sweden
    10.19. Switzerland
    10.20. Turkey
    10.21. United Arab Emirates
    10.22. United Kingdom
    11. Competitive Landscape
    11.1. FPNV Positioning Matrix
    11.2. Market Share Analysis, By Key Player
    11.3. Competitive Scenario Analysis, By Key Player
    12. Competitive Portfolio
    12.1. Key Company Profiles
    12.1.1. Arham Petrochem Private Limited
    12.1.2. BASF SE
    12.1.3. Cepsa Química S.A.
    12.1.4. Chevron Phillips Chemical Company LLC
    12.1.5. China National Petroleum Corporation
    12.1.6. DEZA a. S.
    12.1.7. Eastman Chemical Company
    12.1.8. Exxon Mobil Corporation
    12.1.9. Ganga Rasayanie Pvt. Ltd.
    12.1.10. HCS Group GmbH
    12.1.11. Huntsman Corporation
    12.1.12. LyondellBasell Industries Holdings B.V.
    12.1.13. Neste Oyj
    12.1.14. Pon Pure Chemicals Group
    12.1.15. RB Products, Inc.
    12.1.16. SK Global Chemical Co., Ltd. by SK geo centric Co., Ltd.
    12.1.17. Stanlee (India) Petrochem Private Limited
    12.2. Key Product Portfolio
    13. Appendix
    13.1. Discussion Guide
    13.2. License & Pricing
    FIGURE 1. AROMATIC SOLVENTS MARKET RESEARCH PROCESS
    FIGURE 2. AROMATIC SOLVENTS MARKET SIZE, 2023 VS 2030
    FIGURE 3. AROMATIC SOLVENTS MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AROMATIC SOLVENTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AROMATIC SOLVENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AROMATIC SOLVENTS MARKET DYNAMICS
    FIGURE 7. AROMATIC SOLVENTS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
    FIGURE 8. AROMATIC SOLVENTS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
    FIGURE 10. AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AMERICAS AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 12. AMERICAS AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. UNITED STATES AROMATIC SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 14. UNITED STATES AROMATIC SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. ASIA-PACIFIC AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. ASIA-PACIFIC AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. EUROPE, MIDDLE EAST & AFRICA AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. EUROPE, MIDDLE EAST & AFRICA AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. AROMATIC SOLVENTS MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 20. AROMATIC SOLVENTS MARKET SHARE, BY KEY PLAYER, 2023

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