Hydrocarbon Solvents Market Overview
The total Europe market for the “Hydrocarbon Solvents Market” size was valued at US$ 1.51 Bn. in 2020 and the total revenue is expected to grow at 5.2 % through 2021 to 2027, reaching nearly US$ 2.15 Bn. The report analyzed by Maximize Market Research, on the Hydrocarbon Solvents market, covers an extensive regional analysis and competitive landscape.
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Hydrocarbon Solvents Market Report Scope and Research Methodology
The report covers insights into the major drivers, challenges, and major restraints of the Hydrocarbon Solvents Market. The Hydrocarbon Solvents Market report includes current trends and market highlights, assisting clients in exploring lucrative opportunities in the market. During the forecast period, the report covers market size with estimations and growth rates. To understand market penetration, competitive structure, pricing, and demand analysis, regional market analysis is carried out at the local, regional, and global levels.
For a competitive landscape of the Hydrocarbon Solvents Market, Key players are collected based on several parameters that involve the products and services offered, revenue generated, technological advancements adopted and mergers and acquisitions. The bottom-up approach was used for Hydrocarbon Solvents market estimation. Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires and telephonic interviews with market experts, market leaders and business owners. Secondary data was taken from annual reports, financial reports, government organizations’ sites and white papers.
Research tools like SWOT, PESTLE and Porter were used for the Hydrocarbon Solvents Market analysis for the Micro and macro factors affecting the Hydrocarbon Solvents Market presented. Thus the report act as a guide for investors, stakeholders, and market followers of the market.
Hydrocarbon Solvents Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Hydrocarbon Solvents market status in various countries. The Hydrocarbon Solvents market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Hydrocarbon Solvents Market Segmentation
by Product
• White Spirits
• Hexane
• Aromatic
The white spirits, hexane, and aromatic segments make up the Europe hydrocarbon solvents market by product. During the projection period, the white spirits product segment is anticipated to experience a high CAGR of about 2.2% in terms of volume. These are mainly composed of aliphatic chemicals, but they also contain a small quantity of aromatic compounds, which are commonly toluene and xylene. Industrial paints, adhesives, resins, and detergents all use these substances.
Due to its widespread use in the production of numerous formulations based on petrochemicals and the product category's extremely high degree of solubility, the aromatic product sector held the biggest market share of about 35% in terms of volume in 2020.
by Application
• Agriculture
• Pharmaceutical
• Paints & Coatings
• Others
Agriculture, pharmaceuticals, paints & coatings, and other applications make up the market by application. In terms of revenue in 2020, the paints & coatings application category held the biggest market share of more than 30%. Different organic thinners, including aliphatic, ketones, alcohols, aromatics, and white spirits, are used in paints. Due to consumer preferences changing, manufacturing technology developments, and product formulations adhering to numerous regulatory changes, the paints and coatings industry is one of the most dynamic sectors in the world.
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Hydrocarbon Solvents Market Key Players
• Dow Dupont
• Total SA
• Royal Dutch Shell
• Eastman Chemical Company
• Chevron Corporation
• Exxon Mobil Corporation
• Leading Solvents
• Huntsman International LLC
• Honeywell International, Inc.
• Banner Chemicals Limited
• Kandla Energy & Chemicals Ltd.
• Kemetyl Group
• LyondellBasell Industries Holdings B.V.
• Reliance Industries Limited
• Ashland
• Others
The table of content for the Hydrocarbon Solvents Market includes the:
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Europe Hydrocarbon Solvents Market Size, by Market Value (US$ Bn)
3.1. Market Segmentation
3.2. Market Segmentation Share Analysis, 2020
3.2.1. Europe
3.2.2. By Country
3.2.2.1. U.K
3.2.2.2. France
3.2.2.3. Germany
3.2.2.4. Italy
3.2.2.5. Spain
3.2.2.6. Sweden
3.2.2.7. CIS Countries
3.2.2.8. Rest of Europe
3.3. Geographical Snapshot of the Europe Hydrocarbon Solvents Market
3.4. Geographical Snapshot of the Europe Hydrocarbon Solvents Market, By Manufacturer share
4. Europe Hydrocarbon Solvents Market Overview, 2020-2027
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Europe Hydrocarbon Solvents Market
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Key questions answered in the Hydrocarbon Solvents Market are:
- What is Hydrocarbon Solvents ?
- What was the Hydrocarbon Solvents market size in 2022?
- What is the growth rate of the Hydrocarbon Solvents Market?
- Which are the factors expected to drive the Hydrocarbon Solvents market growth?
- What are the different segments of the Hydrocarbon Solvents Market?
- What growth strategies are the players considering to increase their presence in Hydrocarbon Solvents ?
- What are the upcoming industry applications and trends for the Hydrocarbon Solvents Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Hydrocarbon Solvents Market?
- What is the demand pattern of the Hydrocarbon Solvents Market?
- What major challenges could the Hydrocarbon Solvents Market face in the future?
- What segments are covered in the Hydrocarbon Solvents Market?
- Who are the leading companies and what are their portfolios in Hydrocarbon Solvents Market?
- What segments are covered in the Hydrocarbon Solvents Market?
- Who are the key players in the Hydrocarbon Solvents market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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