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Showing posts with the label Aromatic Solvents

The Aromatic Solvents Market is projected to surpass USD 8.29 billion by 2023

The Aromatic Solvents Market is projected to grow from USD 7.27 billion in 2018 to USD 8.29 billion by 2023, at a CAGR of 2.66% during the forecast period. The major driver for the market is the growth in the automotive and construction industries. The growth in the construction and automotive industries in most of the developing regions due to the increasing urban population have triggered the demand for paints & coatings in the construction and automotive industries. This acts as a driver for the aromatic solvents market. Request a report sample @ https://bit.ly/2WFnRXr Based on product type, the aromatic solvents market has been segmented into toluene solvents, xylene solvents, and ethylbenzene solvents. Xylene solvent is projected to register the highest CAGR between 2018 and 2023, in terms of value of volume. The capacity expansion of xylene, globally and its increasing demand in the paints & coatings application fuels the market growth. Based on applica...

Asia Pacific region is projected to lead the Global Aromatic Solvents Market till 2023

The aromatic solvents market is projected to grow from USD 7.27 billion in 2018 to USD 8.29 billion by 2023, at a CAGR of 2.66% during the forecast period. The major driver for the market is the growth in the automotive and construction industries. The growth in the construction and automotive industries in most of the developing regions due to the increasing urban population have triggered the demand for paints & coatings in the construction and automotive industries. This acts as a driver for the aromatic solvents market. Request a report sample @ https://bit.ly/2WFnRXr Based on product type, the aromatic solvents market has been segmented into toluene solvents, xylene solvents, and ethylbenzene solvents. Xylene solvent is projected to register the highest CAGR between 2018 and 2023, in terms of value of volume. The capacity expansion of xylene, globally and its increasing demand in the paints & coatings application fuels the market growth. Based on applica...