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Aromatic Solvents Market Global Market Share, Trends, Analysis and Forecasts, 2018 – 2024 BASF SE, Exxon Mobil Corporation, Royal Dutch Shell plc, Eastman Chemical Company, Ashland Inc

An aromatic solvent is a solvent that consists of an aromatic hydrocarbon such as toluene, naptha or xylene. Aromatic solvents are mainly used as solvents and diluents in numerous industrial fields. Aromatic solvents are organic chemicals that helps in dissolving solid materials to form a homogenous solution. Aromatic solvents are the solvents, which finds application on a large scale in wide range of end-user industries. These solvents are soluble in numerous soluble solvents with a typical aroma. Aromatic solvents contain paraffinic, aromatic constituents and other contents in different proportion. Aromatic solvents are produced by the process of fractional distillation of petroleum stocks. Other methods of production are catalytic refining, steam cracking and coal carbonization. The processes, which are used to yield aromatic solvents in the oil & gas industry comprise steam cracking and catalytic refining processes. The global aromatic solvent market was valued at US$ 5.8 Bn in 2017 and is expected to expand at a CAGR of 4.5% from 2018 to 2024.

The key factor driving growth of global aromatic solvent market is the growing automotive industry. Automotive industry is using adhesives and sealants, which is one of the major application paths of aromatic solvents market. Adhesives and sealants are used in vehicles for sealing and bonding the parts together for structural strength to the body, thus stopping it from collapsing. Increasing demand for aromatic solvents from the industry of paints and coatings is driving the market for aromatic solvents. Also growing constructional happenings in emerging economies such as Asia Pacific has led to decent demand for paints & coatings, thereby contributing to the development of aromatic solvents in the market.

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The global aromatic solvents market is concentrated with leading manufacturers such as BASF SE, Exxon Mobil Corporation, Royal Dutch Shell plc, Eastman Chemical Company, Ashland Inc., Celanese Corporation, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Haltermann Carless, INEOS AG, DuPont.

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Aromatic Solvents Market research report, the central factors driving the development of this market were documented and the business accomplices and end administrators were indulgent. The configuration of the business division, examples, and difficulties monitoring the market globally are likewise a bit of this wide examination. Various conferences and gatherings were driven by the perceptible pioneers of this industry to get enduring and revived experiences concerned to the market.

Top Key Players Profiled in this Report Includes;

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Aromatic Solvents market’s trajectory between forecast periods.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Aromatic Solvents market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Aromatic Solvents market

Table of Contents

Global Aromatic Solvents Market Research Report

Chapter 1 Aromatic Solvents Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Aromatic Solvents Market Forecast

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