Aromatic Solvents Market Industry Trends and Forecast to
2030
The Global aromatic solvents market, By Product (Benzene,
Toluene, Xylene, Solvent Naphtha), Application (Paints and
Coatings, Adhesives, Printing Inks, Cleaning and Degreasing,
Others), End-Users (Pharmaceuticals, Oilfield Chemicals,
Automotive, Paints and Coatings, Pesticides, Textiles, Cleaners,
Chemical Intermediates, Electronics, Adhesive and Sealants,
Perfumes, Cosmetics) - Industry Trends and Forecast to 2030.
The increase in demand for these solvents from the paint and
coating industries due to their high solvency property, as well as
their growing popularity, are the primary drivers driving the
aromatic solvents market.
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Report Description
The aromatic solvents market which was USD 8.32
billion in 2022, is expected to reach upto USD 10.88
billion by 2030, and is expected to undergo a CAGR of
3.42% during the forecast period of 2023 to 2030.
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obal-aromatic-solvents-market
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Major Key Players
Major Key Players
ü China Petrochemical Corporation (China)
Some of the major players operating in
this market are :
ü SK global chemical Co., Ltd. (South Korea)
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ü Exxon Mobil Corporation (U.S.)
ü Shell (Netherlands)
ü BASF SE (Germany)
ü LyondellBasell (U.S.)
ü China National Petroleum Corporation
(China)
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Market Segmentation
• By Product (Benzene, Toluene, Xylene, Solvent Naphtha)
• By Application (Paints and Coatings, Adhesives, Printing Inks, Cleaning and
Degreasing, Others)
• By End-Users (Pharmaceuticals, Oilfield Chemicals, Automotive, Paints and
Coatings, Pesticides, Textiles, Cleaners, Chemical Intermediates, Electronics,
Adhesive and Sealants, Perfumes, Cosmetics)
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Regional Analysis
Based on
geography, the
market is
segmented into
five geographical
regions.
Europe
North America
Middle East &
Africa
Asia-Pacific
South America
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