• September 18, 2020

New Aromatic Solvents Market Research Highlights Recovery Path for Businesses from COVID-19 based on Paints and Coatings, Automotive, and Pharmaceuticals End-Users | Technavio - Odessa American: Business

e-Edition Subscribe

New Aromatic Solvents Market Research Highlights Recovery Path for Businesses from COVID-19 based on Paints and Coatings, Automotive, and Pharmaceuticals End-Users | Technavio

Print
Font Size:
Default font size
Larger font size

Posted: Monday, September 14, 2020 5:45 pm

LONDON--(BUSINESS WIRE)--Sep 14, 2020--

The new Aromatic Solvents Market Research from Technavio indicates Neutral & At par growth in the short term as the business impact of COVID-19 spreads.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200914005739/en/

Technavio has announced its latest market research report titled Global Aromatic Solvents Market 2020-2024 (Graphic: Business Wire)

"One of the primary growth drivers for this market is the Demand and Exports from APAC,” says a senior analyst for Materials at Technavio. As the markets recover Technavio expects the aromatic solvents market size to grow by USD 1.09 billion during the period 2020-2024.

Get detailed Insights on the COVID-19 pandemic Crisis and Recovery analysis of the aromatic solvents market.Download free report sample

Aromatic Solvents Segment Highlights for 2020

  • The aromatic solvents market is expected to post a year-over-year growth rate of 2.80%.

Regional Analysis

  • 49% of the growth will originate from the APAC region.
  • China and India are the key markets for aromatic solvents in APAC.

Click hereto learn about report detailed analysis and insights on how you can leverage them to grow your business.

Notes:

  • The aromatic solvents market size is expected to accelerate at a CAGR of over 3% during the forecast period.
  • The aromatic solvents market is segmented by end-user (paints and coatings, automotive, pharmaceuticals, oilfield chemicals, and others), type (toluene, xylene, ethylbenzene, benzene, and others), and geography (APAC, Europe, MEA, North America, and South America).
  • The market is fragmented due to the presence of many established vendors holding significant market share.
  • The research report offers information on several market vendors, including Chevron Phillips Chemical Co. LLC, Dongsung Corp., Exxon Mobil Corp., Hanwha Total Petrochemical Co. Ltd., Jiangsu Hualun Chemical Co. Ltd., Korea Petrochemical Ind. Co. Ltd., Pampa Energia SA, Reliance Industries Ltd., Royal Dutch Shell Plc, and SK global chemical Co. Ltd.

Register for a free trial today to access 17,000+ market research reports usingTechnavio's SUBSCRIPTION platform

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Coverage

Regions Covered

Worldwide

Topics Covered

COVID-19, Aromatic Solvents, Paints and Coatings, Automotive, Pharmaceuticals, and Oilfield Chemicals

View source version on businesswire.com:https://www.businesswire.com/news/home/20200914005739/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS OTHER MANUFACTURING MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 09/14/2020 06:45 PM/DISC: 09/14/2020 06:45 PM

http://www.businesswire.com/news/home/20200914005739/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Mostly Cloudy
68°
Humidity: 68%
Winds: ENE at 6mph
Feels Like: 68°

Your Extended Forecast

Tomorrow

weather
High 84°/Low 61°
Partly cloudy. Lows overnight in the low 60s.

friday

weather
High 85°/Low 58°
Plenty of sun. Highs in the mid 80s and lows in the upper 50s.

saturday

weather
High 83°/Low 57°
Sunny. Highs in the low 80s and lows in the upper 50s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.