Aromatic and Aliphatic Solvents Market Value Share, Analysis and Segments 2017-2023

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Aromatic and Aliphatic Solvents Market- Trends,
Price, Share and Growth Rate from 2017 to 2023
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The report on Aromatic and Aliphatic Solvents
Market by source (bio-based, conventional
source), by application (metal cleaning, paints
coatings, pharmaceuticals, personal care,
printing inks and rubber polymer), by
type(mineral spirits, paraffinic solvents,
varnish paints) trends analysis and forecasts
up to 2023 studies the market sizes, key trends
and opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the
World. According to the report the Global
Aromatic and Aliphatic Solvents Market is
projected to grow at a CAGR of between 2.5 to
3.5 in terms of value over the period of
2017-2023. The growth in the world market is
primarily driven by significant contribution by
North America (Leading region) region to this
market. Get Sample Copy of this Report
https//www.infiniumglobalresearch.com/reports/sam
ple_request/40 Market Insights The aromatic
solvents market size was more than USD 5.40
billion in 2015. The global aromatic and
aliphatic solvents market is projected to reach
USD x.xx billion by 2023, growing with a CAGR
between 2.5 to 3.5 from 2017 to 2023. The
demand in the industries such as automotive and
construction sector are expected to drive the
growth in the aromatic and aliphatic solvents
market, as the solvents are utilized for removing
grease and oil. Increasing demand from
industries such as adhesives, sealants, paint and
coatings for aliphatic solvents, due to its
intense chemical and properties is expected to
drive the growth of the market. Among aromatic
solvents, solvent naphtha and xylene are
generating huge demand from various end user
industries and it is expected to drive the
growth of the market. The increasing demand for
agrochemicals and cosmetics are expected to
enhance the growth of market. Varnish and
naphtha end user segments are expected to grow at
a faster pace among aliphatic solvents during
the forecast period. Mineral spirits replacing
turpentine as thinner in the paint industry is
expected to provide growth opportunities for the
market. The health hazards related to solvents
such as benzene due to their toxic nature and
the stringent government regulations for organic
chemicals are expected to be the restraining
factors in the aromatic and aliphatic solvents
market. The availability of environmental
friendly alternatives for aromatic and aliphatic
solvents poses a major challenge to the growth of
the market, due to
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increasing government regulations in various
countries. However, the acceptance of bio-based
aromatic and aliphatic solvents in matured
economies, where there are stringent government
regulations regarding chemicals, provides a
positive outlook for aromatic and aliphatic
solvents during the forecast period. Make an
Enquiry https//www.infiniumglobalresearch.com/re
ports/enquiry/40 Segments Covered The report
segments the global aromatic and aliphatic
Solvents Market by source, application, type and
region. Sources include bio-based source and
conventional source. Based on application, the
market is segmented as adhesives, agricultural
chemicals, metal cleaning, paints coatings,
pharmaceuticals, personal care, printing inks
and rubber polymer. Based on type, aromatic
solvents are segmented as mineral spirits,
paraffinic solvents, varnish paints and some
others while aliphatic solvents are segmented as
benzene, ethyl benzene, toluene, xylene and some
others. Geographic Coverage and Analysis The
report provides regional analysis covering
geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. In this
section the key trends and market size for each
geography is provided over the period of 2017
2023. Moreover, due to stringent environmental
regulations, the demand for conventional solvents
is making way for bio-based solvents in the
European aromatic and aliphatic solvents market.
Germany drives the growth of the European
market, which is otherwise a matured market. In
Asia-Pacific region, the increased market
penetration of aliphatic solvents is anticipated
to drive the growth of the market, with more
potential left to tap in the middle- eastern
countries, which are having construction boom.
Asia-Pacific region has a major share in the
global aromatic solvents market, due to high
volume of consumption, especially in China and
Korea. Growth in automotive and construction
industries is expected to drive the growth of the
market in the region. The U.S. is
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expected to drive North-American aromatic and
aliphatic solvents market to a moderate growth
due to the increasing demand from
pharmaceuticals, conventional oil gas, and
shale gas industries. In Latin America, the
demand for aromatic solvents from countries such
as Argentina, Brazil and Venezuela are expected
to drive the market to a steady growth.
Developing countries in rest of the world are
expected to provide growth opportunities for the
major players in the market to expand, as they
have less stringent environmental regulations,
when compared to the matured economies, during
the forecast period. Browse Research Report
https//www.infiniumglobalresearch.com/chemical_ma
terial/global_aromatic_and_aliphatic_solvents_mark
et Companies Profiled The companies covered in
the report include BASF SE, Celanese Corporation,
Chevron Phillips Chemical Company, Eastman
Chemical Company, Exxonmobil Corporation,
Honeywell International Inc, Ineos AG,
LyondellBasell Industries N.V, Royal Dutch Shell
and Sasol Ltd. Report Highlights The report
provides deep insights on demand forecasts,
market trends, and micro and macro indicators. In
addition, this report provides insights on the
factors that are driving and restraining the
demand of aromatic and aliphatic solvents
globally as well as regionally. Moreover,
IGR-Growth Matrix analysis given in the report
brings an insight on the investment areas that
existing or new market players can consider. The
report provides insights into the market using
analytical tools such as Porters five forces
analysis and value chain analysis of aromatic and
aliphatic solvents. Moreover, the study
highlights current market trends and provides
forecast from 2017 to 2023. We also have
highlighted future trends in the aromatic and
aliphatic solvents market that will impact the
demand during the forecast period. Moreover, the
competitive analysis given in each regional
market brings an insight on the market
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share of the leading players. Additionally, the
analysis highlights rise and fall in the market
shares of the key players in the market. This
report will help manufacturers, suppliers, and
distributors of the aromatic and aliphatic
solvents market to understand the present and
future trends in this market and formulate their
strategies accordingly. About Us Infinium Global
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that our clients can encash with their existing
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goals. Contact Us Infinium Global Research, Toll
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