MarketResearchFuture.com has announced the addition of “Global Aromatic Solvents Industry 2019 Market Research Report” to their Database.
Aromatic Solvents Market Scenario:
The lithography Aromatic Solvents process segment is anticipated to observe a higher CAGR during the forecast period. The enhanced and superior qualities of these Aromatic Solvents such as image quality and low cost among others find its application in wide range of materials. Moreover, the growing demand for food & beverage and the automotive industry is also significantly adding to the growth of the segment.
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Aromatic Solvents World Key Players :-
Some of the prominent players operating in the Global Aromatic Solvents market are Exxon Mobil Corporation (U.S.), Celanese Corporation (U.S.), Royal Dutch Shell plc (U.K) , Eastman Chemical Company (U.S.), BASF SE (Germany), Lyondell Basell Industries Holdings B.V (Netherland), Chevron Phillips Chemical Company LLC (U.S), Honeywell International Inc (U.S.), Sasol Ltd and Ineos AG
Aromatic Solvents market is segmented into process, resin type and application. On the basis of the process, the market is segregated into gravure, flexographic, lithographic, digital, and others. The market by the resin type is bifurcated into modified rosin, hydrocarbon, modified cellulose, acrylics, polyamide, polyurethane, and others. The market by the application is further bifurcated into packaging and labels, corrugated cardboards, publication & commercial printing, and others.
Aromatic Solvents Regional Analysis
The Aromatic Solvents Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to grow at an exponential CAGR. The growing population and the increasing personal disposable income in the developing nations are the major factors driving the growth of the Aromatic Solvents market. Moreover, the growing inter-country trade in the region has augmented the use of Aromatic Solvents in packaging and corrugated boxes which is further adding to the growth of the market. Furthermore, with the increasing working population, the demand for processed and on-the-go food products are propelling in the region which in turn is adding to the market growth owing to the use of Aromatic Solvents in label and stickers in the food and beverage industry.
North America is another dominant region for the market of Aromatic Solvents exhibiting a growing CAGR. The presence of well-developed end-user industries coupled with the growing adoption rate are the major factors adding to this growth. Moreover, the fast-paced lifestyle has augmented the demand for on the go food and beverages which is further expected to propel the growth in this region. In addition to this, the regulations by the FDA to display product information in packaging and labels is also contributing to the growth of the market.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Aromatic Solvents market manufacturers
Traders and Distributors of Aromatic Solvents market
Production process industries
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