Aromatic Solvents Market By Product ( Benzene, Toluene, Xylene, Others ), By End-User ( Paints & Coatings, Automotive, Pharmaceutical, Oil & Gas, Adhesives & Sealants, Others ), Industry Trends, Estimation and Forecast, 2017-2025

March 2018

 Pages: 175

 ERC 3236

Aromatic Solvents Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.

Aromatic solvents are volatile organic compounds that are majorly used as diluents and solvents in various industrial applications. The higher solvency rate of aromatic solvents make them fit for use in applications such as adhesives, paints & coating, cosmetics, corrosion inhibitors, and other chemical products. The major application of aromatic solvents is in the paint & coating industry due to its ability to form homogeneous solutions upon mixing. The environmental and health issues arising due to the use of aromatic solvents is hindering the growth of the market. Moreover, the imposition of stringent regulations regarding the use of volatile organic compounds is also limiting the market growth. The global aromatic solvents market is a fragmented market with many market players striving to emerge as a prominent leader. The market players are focusing on their R&D activities in order to develop greener solvents by substituting the methyl groups. The aromatic solvents market is expected to offer lucrative opportunities during the upcoming years, due to the rising adoption rate of bio-based solvents in the mature economies.

The report provides detailed qualitative and quantitative analysis of the global aromatic solvents market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely product, and end-user in each of the major regions of the world.

Aromatic Solvents Market Player Analysis -

The report presents detailed analysis of major players operating in global aromatic solvents market. Few of them include Exxon Mobil Corporation, Pampa Energía, Reliance Industries, Shell International, SK global chemical, Chevron Phillips Chemicals Company, DEZA, Eastman Chemical Company, Galp Energia, Korea Petrochemical Ind Co Ltd, S-OIL CORPORATION, VIRENT, UOP LLC (Honeywell International, Inc.), Royal Dutch Shell plc, LyondellBasell Industries N.V., and Celanese Corporation. Detailed coverage on these market players with information on their revenue from Aromatic Solvents business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Global aromatic solvents market is segmented on the basis of product, end-user, and geography. By product, the market is segmented into benzene, toluene, xylene, and others. On the basis of end-user, the market is categorized into Paints & Coatings, Automotive, Pharmaceutical, Oil & Gas, Adhesives & Sealants, and Others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of World.

Aromatic Solvents Market Segmentation

By Product
• Benzene
• Toluene
• Xylene
• Others

By End-user
• Paints & Coatings
• Automotive
• Pharmaceutical
• Oil & Gas
• Adhesives & Sealants
• Others

By Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Aromatic Solvents Market Key Players

• Exxon Mobil Corporation
• Pampa Energía
• Reliance Industries
• Shell International
• SK global chemical
• Chevron Phillips Chemicals Company
• DEZA
• Eastman Chemical Company
• Galp Energia
• Korea Petrochemical Ind Co Ltd.
• S-OIL CORPORATION
• VIRENT
• UOP LLC (Honeywell International, Inc.)
• Royal Dutch Shell plc
• LyondellBasell Industries N.V.
• Celanese Corporation

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    What Information does this report contain?

    • What was the market size of the aromatic solvents market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the aromatic solvents market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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