Global Aromatic Solvents Market Growth 2024-2030

Global Aromatic Solvents Market Growth 2024-2030

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.

The global Aromatic Solvents market size is projected to grow from US$ 4886.7 million in 2023 to US$ 5682.3 million in 2030; it is expected to grow at a CAGR of 2.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Aromatic Solvents Industry Forecast” looks at past sales and reviews total world Aromatic Solvents sales in 2023, providing a comprehensive analysis by region and market sector of projected Aromatic Solvents sales for 2024 through 2030. With Aromatic Solvents sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aromatic Solvents industry.

This Insight Report provides a comprehensive analysis of the global Aromatic Solvents landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aromatic Solvents portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aromatic Solvents market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aromatic Solvents and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aromatic Solvents.

United States market for Aromatic Solvents is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Aromatic Solvents is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Aromatic Solvents is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Aromatic Solvents players cover China Petroleum & Chemical Corportaion, Exxonmobil, Total, BASF and Shell, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Aromatic Solvents market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Toluene
Xylene
Ethylbenzene

Segmentation by application
Paints & Coatings
Printing Inks
Adhesives
Metal Cleaning
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aromatic Solvents market?

What factors are driving Aromatic Solvents market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aromatic Solvents market opportunities vary by end market size?

How does Aromatic Solvents break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.