Aromatic and Aliphatic Solvents
Market
Aromatic and Aliphatic Solvents Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Aromatic and Aliphatic Solvents Market Size and Growth
The Aromatic and Aliphatic Solvents market is witnessing steady growth due to rising industrial applications. Current estimates place the market size at approximately $35 billion, with a projected CAGR of 4% over the next five years. Key drivers include increased demand in paints, coatings, and chemical manufacturing sectors. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ 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.
The Aromatic and Aliphatic Solvents Market features key players like BASF SE, Celanese, and ExxonMobil. These companies leverage innovative production processes and sustainability initiatives to enhance market growth. Their extensive product portfolios and global reach contribute to revenue increases: BASF ($85 billion), Eastman ($10.5 billion), and LyondellBasell ($13.6 billion).
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Market Segmentation
By Application
Mineral spirits
Paraffinic solvents
Varnish and paints
Others
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By Product
Benzene
Ethyl benzene
Toluene
Xylene
Others
Market Growth
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$ X Billion USD
