Infinium Global Research has added a new report on Global Aromatic and Aliphatic Solvents Market: Trends Analysis and Forecast 2023. The report presents analysis of global as well as regional markets of aromatic and aliphatic solvents over the period of 2017 to 2023. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.
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The global aromatic and aliphatic solvents market was dominated by the Europe region followed by the Asia-Pacific and RoW aromatic and aliphatic solvents market. On the basis of countries, the Germany, Korea and China led the global aromatic and aliphatic solvents market. The growing demand for aromatic and aliphatic solvents in the adhesives, sealants, paint and coatings application has played a major role in driving the aromatic and aliphatic solvents market worldwide. Similarly factors such as 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.
Furthermore, increasing 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. 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. Moreover, mineral spirits replacing turpentine as thinner in the paint industry is expected to provide growth opportunities for the market.
Aromatic and aliphatic solvents are used for the applications such as adhesives, agricultural chemicals, metal cleaning, paints & coatings, pharmaceuticals, personal care, printing inks and rubber & polymer. The report identifies the largest application for which aromatic and aliphatic solvents are used. Among the geographies Asia Pacific is expected to be the largest market for the aromatic and aliphatic solvents market over the forecast period from 2017 to 2023. The report covers the analysis of global as well as regional markets of the Aromatic and aliphatic solvents market. Moreover, 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 globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) 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 Porter’s 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 that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market 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 to understand the present and future trends in this market and formulate their strategies accordingly.
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.
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