Global Aromatic Solvents Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	188 Pages	TechNavio	April, 2024	INF18772873

Best Price Guarantee
Price	from $2,500
Length	188 Pages
Publisher	TechNavio
Published Date	April, 2024
SKU	INF18772873

Global Aromatic Solvents Market 2024-2028

The aromatic solvents market is forecasted to grow by USD 1271.13 mn during 2023-2028, accelerating at a CAGR of 3.54% during the forecast period. The report on the aromatic solvents market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in building and construction activities, technological advancements in recovery and recycling processes of solvents, and rising use of aromatic solvents in specialty chemicals.

Technavio's aromatic solvents market is segmented as below:

By End-user

Paints and coatings
Automotive
Pharmaceuticals
Oilfield chemicals
Others

By Type

Toluene
Xylene
Ethylbenzene
Benzene
Others

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the focus of manufacturers on performance and efficiency as one of the prime reasons driving the aromatic solvents market growth during the next few years. Also, upsurge in demand for low voc formulations and rising adoption of technological advancements and product innovation will lead to sizable demand in the market.

The report on the aromatic solvents market covers the following areas:

Aromatic solvents market sizing
Aromatic solvents market forecast
Aromatic solvents market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aromatic solvents market vendors that include AGROFERT AS, Arham Petrochem Pvt. Ltd., BASF SE, Chevron Phillips Chemical Co. LLC, Compania Espanola de Petroleos SA, Eastman Chemical Co., Exxon Mobil Corp., HCS Group GmbH, Honeywell International Inc., Korea Petrochemical Ind. Co. Ltd., Monument Chemical, Neste Corp., ORG CHEM GROUP, Pampa Energia SA, RB Products Inc., Reliance Industries Ltd., Resolute Oil LLC, Saudi Arabian Oil Co., Shell plc, Shri Parth Petrochem, SK Innovation Co. Ltd., and Vinati Organics Ltd.. Also, the aromatic solvents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global aromatic solvents market 2018 - 2022
  - Table Historic Market Size – Data Table on global aromatic solvents market 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Paints and coatings - Market size and forecast 2023- 2028
  - Table Chart on Paints and coatings - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Paints and coatings - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Paints and coatings - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Paints and coatings - Year-over-year growth 2023-2028 (%)
- Automotive - Market size and forecast 2023-2028
  - Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- Pharmaceuticals - Market size and forecast 2023-2028
  - Table Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- Oilfield chemicals - Market size and forecast 2023-2028
  - Table Chart on Oilfield chemicals - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Oilfield chemicals - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Oilfield chemicals - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Oilfield chemicals - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Toluene - Market size and forecast 2023-2028
  - Table Chart on Toluene - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Toluene - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Toluene - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Toluene - Year-over-year growth 2023-2028 (%)
- Xylene - Market size and forecast 2023-2028
  - Table Chart on Xylene - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Xylene - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Xylene - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Xylene - Year-over-year growth 2023-2028 (%)
- Ethylbenzene - Market size and forecast 2023-2028
  - Table Chart on Ethylbenzene - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Ethylbenzene - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Ethylbenzene - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Ethylbenzene - Year-over-year growth 2023-2028 (%)
- Benzene - Market size and forecast 2023-2028
  - Table Chart on Benzene - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Benzene - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Benzene - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Benzene - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- United Arab Emirates - Market size and forecast 2023- 2028
  - Table Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
  - Table Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
  - Table Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ million)
  - Table Chart on India - Year-over-year growth 2023-2028 (%)
  - Table Data Table on India - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Rise in building and construction activities
  - Technological advancements in recovery and recycling processes of solvents
  - Rising use of aromatic solvents in specialty chemicals
- Market challenges
  - Fluctuation in crude oil price
  - Increasing regulatory scrutiny and stringent environmental regulations related to aromatic solvents
  - Health hazards of aromatic solvents in end-user industries
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Focus of manufacturers on performance and efficiency
  - Upsurge in demand for low VOC formulations
  - Rising adoption of technological advancements and product innovation
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- AGROFERT AS
  - Table AGROFERT AS - Overview
  - Table AGROFERT AS - Product / Service
  - Table AGROFERT AS - Key offerings
- Arham Petrochem Pvt. Ltd.
  - Table Arham Petrochem Pvt. Ltd. - Overview
  - Table Arham Petrochem Pvt. Ltd. - Product / Service
  - Table Arham Petrochem Pvt. Ltd. - Key offerings
- Chevron Phillips Chemical Co. LLC
  - Table Chevron Phillips Chemical Co. LLC - Overview
  - Table Chevron Phillips Chemical Co. LLC - Product / Service
  - Table Chevron Phillips Chemical Co. LLC - Key news
  - Table Chevron Phillips Chemical Co. LLC - Key offerings
- Compania Espanola de Petroleos SA
  - Table Compania Espanola de Petroleos SA - Overview
  - Table Compania Espanola de Petroleos SA - Business segments
  - Table Compania Espanola de Petroleos SA - Key offerings
  - Table Compania Espanola de Petroleos SA - Segment focus
- Exxon Mobil Corp.
  - Table Exxon Mobil Corp. - Overview
  - Table Exxon Mobil Corp. - Business segments
  - Table Exxon Mobil Corp. - Key offerings
  - Table Exxon Mobil Corp. - Segment focus
- Honeywell International Inc.
  - Table Honeywell International Inc. - Overview
  - Table Honeywell International Inc. - Business segments
  - Table Honeywell International Inc. - Key news
  - Table Honeywell International Inc. - Key offerings
  - Table Honeywell International Inc. - Segment focus
- Korea Petrochemical Ind. Co. Ltd.
  - Table Korea Petrochemical Ind. Co. Ltd. - Overview
  - Table Korea Petrochemical Ind. Co. Ltd. - Product / Service
  - Table Korea Petrochemical Ind. Co. Ltd. - Key offerings
- ORG CHEM GROUP
  - Table ORG CHEM GROUP - Overview
  - Table ORG CHEM GROUP - Product / Service
  - Table ORG CHEM GROUP - Key offerings
- Pampa Energia SA
  - Table Pampa Energia SA - Overview
  - Table Pampa Energia SA - Business segments
  - Table Pampa Energia SA - Key offerings
  - Table Pampa Energia SA - Segment focus
- RB Products Inc.
  - Table RB Products Inc. - Overview
  - Table RB Products Inc. - Product / Service
  - Table RB Products Inc. - Key offerings
- Reliance Industries Ltd.
  - Table Reliance Industries Ltd. - Overview
  - Table Reliance Industries Ltd. - Business segments
  - Table Reliance Industries Ltd. - Key news
  - Table Reliance Industries Ltd. - Key offerings
  - Table Reliance Industries Ltd. - Segment focus
- Saudi Arabian Oil Co.
  - Table Saudi Arabian Oil Co. - Overview
  - Table Saudi Arabian Oil Co. - Product / Service
  - Table Saudi Arabian Oil Co. - Key offerings
- Shell plc
  - Table Shell plc - Overview
  - Table Shell plc - Business segments
  - Table Shell plc - Key news
  - Table Shell plc - Key offerings
  - Table Shell plc - Segment focus
- SK Innovation Co. Ltd.
  - Table SK Innovation Co. Ltd. - Overview
  - Table SK Innovation Co. Ltd. - Business segments
  - Table SK Innovation Co. Ltd. - Key offerings
  - Table SK Innovation Co. Ltd. - Segment focus
- Vinati Organics Ltd.
  - Table Vinati Organics Ltd. - Overview
  - Table Vinati Organics Ltd. - Business segments
  - Table Vinati Organics Ltd. - Key offerings
  - Table Vinati Organics Ltd. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations