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Showing posts with the label Aromatics

Aromatics Market analysis, Regional Outlook, Competitive Landscape, Revenue trends & Forecast Till 2030

Aromatics Market analysis   Aromatics Market Share is expected to be valued at a global figure of USD 323.88 billion by the end of the forecast period in 2030. The rate of growth at which the market is expected to reach such a valuation stands at 5.6%. Aromatics are sweet-smelling petroleum-sourced compounds. They are cyclic organic compounds and can be used as a solvent and additive in numerous end-use industries. Aromatics are widely used as solvents in numerous end-use industries. The paints and coatings industry is a major end-user of aromatics. The growing demand for paints and coatings from the construction industry is likely to be a major driver for the global Aromatics Market analysis over the forecast period. The construction industry has been driven by the growing urban population around the world, which has led to growing residential as well as commercial construction. The growing urbanization and rural migration around the world is likely to lead to a growing demand fo...

Aromatics Market growth - Global Industry In Depth Study And Huge Demand In Future 2022-2030

  Global Aromatics Market Aromatics Market Share is expected to be valued at a global figure of USD 323.88 billion by the end of the forecast period in 2028. The rate of growth at which the market is expected to reach such a valuation stands at 5.6%. Competitive Analysis: Leading players in the Aromatics Market growth include Canada Colors and Chemicals Limited, BP plc, Dow, Reliance Industries Ltd., LyondellBasell, Shell Chemicals, SABIC, and ExxonMobil. Segmentation: The global aromatics market is segmented based on type, application, end use, and region. By type, the global aromatics market is segmented into benzene, toluene, o-xylene, p-xylene, and others. Toluene is likely to exhibit the fastest growth rate over the forecast period due to the growing demand for toluene in paints and coatings. By application, the global aromatics market is segmented into solvents and additives. By end use, the market is segmented into paints and coatings, adhesives, chemicals, pharmaceuticals,...