Aromatics Market Projected to Gain Significant Value through 2023-2030 - MRFR Study
Aromatics Market Aromatics Market Share is expecting 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 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 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 for residential construction over the forecast period, leading to a growing demand for effective paints and coatings to coat the buildings. This is likely to lead to a g...