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Aromatic Solvents Market Industry Will Be Fiercely Competitive in 2026

Aromatic solvents such as toluene are commonly used in paints, varnishes, adhesives and as chemical intermediates. These solvents are mostly generated through distillation of crude petroleum stock in the oil refining industry. Aromatic solvents are mostly used as thinners and diluents in several end-user products, such as paints, coatings and cleaners.

KiranGaikwad
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Aromatic Solvents Market Industry Will Be Fiercely Competitive in 2026

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  1. Aromatic Solvents Market To Reach USD 9.06 Billion by 2026

  2. Market Summary Expansion, new product launches, growth in various industries like packaging, automotive, oil & gas, increasing strategic developments such as partnerships and agreements, and rise in building and construction activities are the key factors contributing to high CAGR of Aromatic Solvents Market during forecast period.Market Size – USD 7.3 Billion in 2018, Market Growth - CAGR of 2.6%, Market Trends – Product launches and research for advanced Aromatic Solvents. Aromatic solvents are characterized by their solvating ability. This type of product is highly refined and completely lacks aliphatic components. Aromatic products generally are manufactured from feedstock rich in aromatics such as the reformate.  Further key findings from the report suggest : • Printing Inks application type segment was valued at USD 1.73 billion and is expected reach USD 2.22 billion by 2026 • Asia Pacific is expected to account for the 45% of the total Aromatic Solvents market. Developing nations such China, South Korea and India are likely to witness high growth • Aromatic Solvents market is growing at a CAGR of 1% in Asia Pacific followed by Middle East & Africa and South America, with 2.3 % and 2.3% CAGR, respectively. www.reportsanddata.com

  3. Key Players: • Royal Dutch Shell Plc, LyondellBasell Industries Holdings B.V, China Petroleum and Chemical Corporation, BASF SE, SK Global Chemical Co., Ltd, China National Petroleum Corporation, Reliance Industries Limited, ExxonMobil Corporation, Chinese Petroleum Corporation. • Segmentation: • Type (Revenue, USD Million; 2016–2026) • Toluene • Xylene • Ethylbenzene solvent • Application Type (Revenue, USD Million; 2016–2026) • Cleaning and Degreasing • Printing Inks • Adhesives • Paints and coatings • Others www.reportsanddata.com

  4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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