Hydrocarbon Solvents Market – Industry Trends and Forecast to 2031
Hydrocarbon Solvents Market – Industry Trends and Forecast to 2031
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This Hydrocarbon Solvents Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global hydrocarbon solvents market, which was USD 10.74 billion in 2023, is expected to reach USD 14.93 billion by 2031, growing at a CAGR of 4.20 % during the forecast period of 2024 to 2031.
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Market Overview:
Hydrocarbon solvents are organic compounds consisting of hydrogen and carbon atoms bonded together. They form the basis of fossil fuels such as petroleum and natural gas, and various organic compounds. Hydrocarbons can be classified as aliphatic or aromatic and serve as essential components in fuels, solvents, and chemicals.
Some of the major players operating in the Hydrocarbon Solvents Market are:
TotalEnergies (U.S.), ExxonMobil Corporation (U.S.), Royal Dutch Shell Plc (U.S.), TOP SOLVENT CO., LTD. (South Corea), JunyuanPetroleumGroup (China), China Petrochemical Corporation. (China), LANXESS (Germany), Avani Petrochem. (India), Gandhar Oil Refinery (India), Lyondellbasell Industries Holdings B.V. (Netherlands), ashland (U.S.), KTC Chemical (South Korea), SBC Industries (South Korea), Bayer AG (Germany), mehta Petro Refineries Limited. (India), Reliance Industries Limited (India), Sasol( South Africa), NewAge Industrial Oil Pvt. Ltd. (India), and ENGEN PETROLEUM LTD (South Africa) among others.
Global Hydrocarbon Solvents Market Scope
The global hydrocarbon solvents market is segmented into two notable segments which are based on type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Aliphatic
- Aromatic
- Mineral Spirits
- Heptane
- Hexane
- Others
Application
- Paints and Coatings
- Cleaning and Degreasing
- Printing Inks
- Rubbers and Polymers
- Adhesives
- Aerosols
- Agriculture Chemicals
- Pharmaceuticals
- Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Hydrocarbon Solvents Market Landscape
Part 04: Global Hydrocarbon Solvents Market Sizing
Part 05: Global Hydrocarbon Solvents Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-hydrocarbon-solvents-market
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