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PUBLISHER: TechNavio | PRODUCT CODE: 1477002
PUBLISHER: TechNavio | PRODUCT CODE: 1477002
Global Aromatic Solvents Market 2024-2028
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PAGES: 188 Pages
DELIVERY TIME: 1-2 business days
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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:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 3.12% |
| CAGR | 3.54% |
| Incremental Value | $1271.13mn |
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.
Product Code: IRTNTR43931
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global aromatic solvents market 2018 - 2022
- 4.2 End-user Segment Analysis 2018 - 2022
- 4.3 Type Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by End-user
- 6.1 Market segments
- 6.2 Comparison by End-user
- 6.3 Paints and coatings - Market size and forecast 2023-2028
- 6.4 Automotive - Market size and forecast 2023-2028
- 6.5 Pharmaceuticals - Market size and forecast 2023-2028
- 6.6 Oilfield chemicals - Market size and forecast 2023-2028
- 6.7 Others - Market size and forecast 2023-2028
- 6.8 Market opportunity by End-user
7 Market Segmentation by Type
- 7.1 Market segments
- 7.2 Comparison by Type
- 7.3 Toluene - Market size and forecast 2023-2028
- 7.4 Xylene - Market size and forecast 2023-2028
- 7.5 Ethylbenzene - Market size and forecast 2023-2028
- 7.6 Benzene - Market size and forecast 2023-2028
- 7.7 Others - Market size and forecast 2023-2028
- 7.8 Market opportunity by Type
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- 9.4 North America - Market size and forecast 2023-2028
- 9.5 Europe - Market size and forecast 2023-2028
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- 9.7 South America - Market size and forecast 2023-2028
- 9.8 China - Market size and forecast 2023-2028
- 9.9 US - Market size and forecast 2023-2028
- 9.10 Germany - Market size and forecast 2023-2028
- 9.11 United Arab Emirates - Market size and forecast 2023-2028
- 9.12 India - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 AGROFERT AS
- 12.4 Arham Petrochem Pvt. Ltd.
- 12.5 Chevron Phillips Chemical Co. LLC
- 12.6 Compania Espanola de Petroleos SA
- 12.7 Exxon Mobil Corp.
- 12.8 Honeywell International Inc.
- 12.9 Korea Petrochemical Ind. Co. Ltd.
- 12.10 ORG CHEM GROUP
- 12.11 Pampa Energia SA
- 12.12 RB Products Inc.
- 12.13 Reliance Industries Ltd.
- 12.14 Saudi Arabian Oil Co.
- 12.15 Shell plc
- 12.16 SK Innovation Co. Ltd.
- 12.17 Vinati Organics Ltd.
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Product Code: IRTNTR43931
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
- Exhibits6: Executive Summary - Chart on Market Segmentation by Type
- Exhibits7: Executive Summary - Chart on Incremental Growth
- Exhibits8: Executive Summary - Data Table on Incremental Growth
- Exhibits9: Executive Summary - Chart on Vendor Market Positioning
- Exhibits10: Parent market
- Exhibits11: Market Characteristics
- Exhibits12: Offerings of vendors included in the market definition
- Exhibits13: Market segments
- Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Historic Market Size - Data Table on global aromatic solvents market 2018 - 2022 ($ million)
- Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on End-user - Market share 2023-2028 (%)
- Exhibits31: Data Table on End-user - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by End-user
- Exhibits33: Data Table on Comparison by End-user
- Exhibits34: Chart on Paints and coatings - Market size and forecast 2023-2028 ($ million)
- Exhibits35: Data Table on Paints and coatings - Market size and forecast 2023-2028 ($ million)
- Exhibits36: Chart on Paints and coatings - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Paints and coatings - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibits39: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibits40: Chart on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibits42: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
- Exhibits43: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
- Exhibits44: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- Exhibits45: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- Exhibits46: Chart on Oilfield chemicals - Market size and forecast 2023-2028 ($ million)
- Exhibits47: Data Table on Oilfield chemicals - Market size and forecast 2023-2028 ($ million)
- Exhibits48: Chart on Oilfield chemicals - Year-over-year growth 2023-2028 (%)
- Exhibits49: Data Table on Oilfield chemicals - Year-over-year growth 2023-2028 (%)
- Exhibits50: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibits51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibits52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits53: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits54: Market opportunity by End-user ($ million)
- Exhibits55: Data Table on Market opportunity by End-user ($ million)
- Exhibits56: Chart on Type - Market share 2023-2028 (%)
- Exhibits57: Data Table on Type - Market share 2023-2028 (%)
- Exhibits58: Chart on Comparison by Type
- Exhibits59: Data Table on Comparison by Type
- Exhibits60: Chart on Toluene - Market size and forecast 2023-2028 ($ million)
- Exhibits61: Data Table on Toluene - Market size and forecast 2023-2028 ($ million)
- Exhibits62: Chart on Toluene - Year-over-year growth 2023-2028 (%)
- Exhibits63: Data Table on Toluene - Year-over-year growth 2023-2028 (%)
- Exhibits64: Chart on Xylene - Market size and forecast 2023-2028 ($ million)
- Exhibits65: Data Table on Xylene - Market size and forecast 2023-2028 ($ million)
- Exhibits66: Chart on Xylene - Year-over-year growth 2023-2028 (%)
- Exhibits67: Data Table on Xylene - Year-over-year growth 2023-2028 (%)
- Exhibits68: Chart on Ethylbenzene - Market size and forecast 2023-2028 ($ million)
- Exhibits69: Data Table on Ethylbenzene - Market size and forecast 2023-2028 ($ million)
- Exhibits70: Chart on Ethylbenzene - Year-over-year growth 2023-2028 (%)
- Exhibits71: Data Table on Ethylbenzene - Year-over-year growth 2023-2028 (%)
- Exhibits72: Chart on Benzene - Market size and forecast 2023-2028 ($ million)
- Exhibits73: Data Table on Benzene - Market size and forecast 2023-2028 ($ million)
- Exhibits74: Chart on Benzene - Year-over-year growth 2023-2028 (%)
- Exhibits75: Data Table on Benzene - Year-over-year growth 2023-2028 (%)
- Exhibits76: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibits77: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibits78: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits79: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits80: Market opportunity by Type ($ million)
- Exhibits81: Data Table on Market opportunity by Type ($ million)
- Exhibits82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits83: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits84: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits85: Chart on Geographic comparison
- Exhibits86: Data Table on Geographic comparison
- Exhibits87: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits88: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits89: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits91: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits92: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits93: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits94: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits95: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits96: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits97: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits98: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits99: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits100: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits101: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits102: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits103: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits104: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits105: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits106: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits107: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibits108: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibits109: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits110: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits111: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibits112: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibits113: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits114: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits115: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits116: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits117: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits119: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
- Exhibits120: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
- Exhibits121: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
- Exhibits122: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
- Exhibits123: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibits124: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibits125: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibits126: Data Table on India - Year-over-year growth 2023-2028 (%)
- Exhibits127: Market opportunity By Geographical Landscape ($ million)
- Exhibits128: Data Tables on Market opportunity By Geographical Landscape ($ million)
- Exhibits129: Impact of drivers and challenges in 2023 and 2028
- Exhibits130: Overview on Criticality of inputs and Factors of differentiation
- Exhibits131: Overview on factors of disruption
- Exhibits132: Impact of key risks on business
- Exhibits133: Vendors covered
- Exhibits134: Matrix on vendor position and classification
- Exhibits135: AGROFERT AS - Overview
- Exhibits136: AGROFERT AS - Product / Service
- Exhibits137: AGROFERT AS - Key offerings
- Exhibits138: Arham Petrochem Pvt. Ltd. - Overview
- Exhibits139: Arham Petrochem Pvt. Ltd. - Product / Service
- Exhibits140: Arham Petrochem Pvt. Ltd. - Key offerings
- Exhibits141: Chevron Phillips Chemical Co. LLC - Overview
- Exhibits142: Chevron Phillips Chemical Co. LLC - Product / Service
- Exhibits143: Chevron Phillips Chemical Co. LLC - Key news
- Exhibits144: Chevron Phillips Chemical Co. LLC - Key offerings
- Exhibits145: Compania Espanola de Petroleos SA - Overview
- Exhibits146: Compania Espanola de Petroleos SA - Business segments
- Exhibits147: Compania Espanola de Petroleos SA - Key offerings
- Exhibits148: Compania Espanola de Petroleos SA - Segment focus
- Exhibits149: Exxon Mobil Corp. - Overview
- Exhibits150: Exxon Mobil Corp. - Business segments
- Exhibits151: Exxon Mobil Corp. - Key offerings
- Exhibits152: Exxon Mobil Corp. - Segment focus
- Exhibits153: Honeywell International Inc. - Overview
- Exhibits154: Honeywell International Inc. - Business segments
- Exhibits155: Honeywell International Inc. - Key news
- Exhibits156: Honeywell International Inc. - Key offerings
- Exhibits157: Honeywell International Inc. - Segment focus
- Exhibits158: Korea Petrochemical Ind. Co. Ltd. - Overview
- Exhibits159: Korea Petrochemical Ind. Co. Ltd. - Product / Service
- Exhibits160: Korea Petrochemical Ind. Co. Ltd. - Key offerings
- Exhibits161: ORG CHEM GROUP - Overview
- Exhibits162: ORG CHEM GROUP - Product / Service
- Exhibits163: ORG CHEM GROUP - Key offerings
- Exhibits164: Pampa Energia SA - Overview
- Exhibits165: Pampa Energia SA - Business segments
- Exhibits166: Pampa Energia SA - Key offerings
- Exhibits167: Pampa Energia SA - Segment focus
- Exhibits168: RB Products Inc. - Overview
- Exhibits169: RB Products Inc. - Product / Service
- Exhibits170: RB Products Inc. - Key offerings
- Exhibits171: Reliance Industries Ltd. - Overview
- Exhibits172: Reliance Industries Ltd. - Business segments
- Exhibits173: Reliance Industries Ltd. - Key news
- Exhibits174: Reliance Industries Ltd. - Key offerings
- Exhibits175: Reliance Industries Ltd. - Segment focus
- Exhibits176: Saudi Arabian Oil Co. - Overview
- Exhibits177: Saudi Arabian Oil Co. - Product / Service
- Exhibits178: Saudi Arabian Oil Co. - Key offerings
- Exhibits179: Shell plc - Overview
- Exhibits180: Shell plc - Business segments
- Exhibits181: Shell plc - Key news
- Exhibits182: Shell plc - Key offerings
- Exhibits183: Shell plc - Segment focus
- Exhibits184: SK Innovation Co. Ltd. - Overview
- Exhibits185: SK Innovation Co. Ltd. - Business segments
- Exhibits186: SK Innovation Co. Ltd. - Key offerings
- Exhibits187: SK Innovation Co. Ltd. - Segment focus
- Exhibits188: Vinati Organics Ltd. - Overview
- Exhibits189: Vinati Organics Ltd. - Business segments
- Exhibits190: Vinati Organics Ltd. - Key offerings
- Exhibits191: Vinati Organics Ltd. - Segment focus
- Exhibits192: Inclusions checklist
- Exhibits193: Exclusions checklist
- Exhibits194: Currency conversion rates for US$
- Exhibits195: Research methodology
- Exhibits196: Validation techniques employed for market sizing
- Exhibits197: Information sources
- Exhibits198: List of abbreviations
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