Aromatic and Aliphatic Solvents Market Research Report: Information by Region (Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Recession Impact Analysis)
ID : MRU_
91880 | Date :
Jan, 2023 | Pages :
160 | Region : Global |
Publisher : MRU
The Global Aromatic and Aliphatic Solvents Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Aliphatics can be cyclic, but only aromatic compounds contain an especially stable ring of atoms, such as benzene. Aliphatic compounds can be saturated, like hexane, or unsaturated, like hexene and hexyne. Open-chain compounds (whether straight or branched) contain no rings of any type, and are thus aliphatic.
Aromatic and aliphatic solvents are hydrocarbon solvents. Aromatic solvents have a ring structure similar to benzene and they are manufactured by distilling coal tar or petroleum. The processes such as catalytic hydrogenation & alkylation and catalytic reforming & steam cracking are also utilized for the production of aromatic solvents. Benzene, diethyl benzene, phenol, toluene, and xylene are some of the major aromatic solvents.
Aromatic solvents find application in industries such as adhesives, cleaners, oilfield chemicals, paints, pharmaceuticals, printing inks, textiles, and varnish. Aromatic solvents also find application as chemical intermediates, corrosion inhibitors, degreasers, diluents, and extractors.
Aromatic solvents have very high solvency rates and it helps in formation of homogenous solutions. It finds application as an agent for speeding up the drying process of lacquer based paints. Toluene has the major share of demand among the aromatic solvents. Aliphatic solvents possess a straight-chain structure of paraffinic compounds. Heptane, hexane, gasoline, kerosene, lacquer diluents, mineral spirits, and naphtha are some of the major aliphatic solvents. Aliphatic solvents find applications as herbicides, fungicides, insecticides and some others. Aliphatic solvents are comparatively less harmful than aromatic solvents.
As the report focuses on global Aromatic and Aliphatic Solvents Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
This report focuses on Aromatic and Aliphatic Solvents volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Aromatic and Aliphatic Solvents market size by analysing historical data and future prospect.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
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
Sasol Ltd. In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Benzene
Ethyl benzene
Toluene
Xylene
Others In Market segmentation by applications :
Mineral spirits
Paraffinic solvents
Varnish and paints
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Aromatic and Aliphatic Solvents Market for the forecast period 2023 - 2030?
• What are the driving forces in the Aromatic and Aliphatic Solvents Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Aromatic and Aliphatic Solvents industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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