Europe Hydrocarbon Solvents Market Size, Share, Trend, Forecast, & Industry Analysis 2027

Europe Hydrocarbon Solvents Market size was valued at US$ 45.2 Mn. in 2020 and the total revenue is expected to grow at 7.65% through 2021 to 2027, reaching nearly US$ 75.72 Mn. by 2027. 

The Europe Hydrocarbon Solvents Market had a value of US$ 10.99 Bn in 2021, and it is projected to increase in value by US$ 10.99 Bn by 2029, at a CAGR of 6.10% during the forecast period. Maximize Market Research, a leading global provider of information and research on the global and regional Material & Chemical sector, has released a report on the global water based pigments market. The report provides market sizes by area and estimates through 2029, along with other significant business insights.

The research looks into a wide range of market and industry-related issues. Among the marketing strategies are new product launches, company growth, collaborations, joint ventures, and acquisitions. All of the essential elements of the market research that are concentrated on the industry landscape have been taken into account in the design of this study. The important market drivers, challenges, and opportunities are also mentioned and examined in this market research analysis. Maximize Market Research, a global Material & Chemical business consulting organization, has released a market intelligence and competitive landscape report on the global water based pigments Market. A subject-matter expert with 18 years of experience examined the market from both a domestic and international perspective, and the study includes both primary and secondary data.

Market Overview:

Through in-depth analysis of statistics on current and emerging trends, the dynamics of the Europe Hydrocarbon Solvents Market t may be better understood. The study discusses Porter's five forces in order to assess the importance of numerous aspects, including risks posed by diverse agents, competitive strength, and the understanding of a resource by aspiring young businesspeople. The research looked at each country at the micro level to establish the total market size by countries and segments. The size of the regional and global markets is forecast using a bottom-up methodology. By conducting a micro level analysis of each country, it is feasible to determine how much the unregulated market adds to the size of the total market. Confirmation of the results is provided by consultation with prominent local entrepreneurs. Both paid and open-access information are used in secondary research, which is then analysed. The sources for consumption by category and supply by each player in each country are actual government figures, commercial databases, and yearly reports in the case of listed companies.

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Market Segmentation:

Increasing demand for bio-based and oxygenated solvents has gained huge importance during the forecast period. Growing usage of hydrocarbon solvents in the agrochemicals and pharmaceuticals industries are expected to drive the Europe hydrocarbon solvents market growth during the forecast period. Furthermore, the commercialization of products with negligible or minimal environmental impact is further boosts the market growth. Increasing demand from the construction and building industry in the region is a major factor driving the market demand in terms of volume. Thus, the growth of the European paints & coatings industry is expected to fuel the hydrocarbon solvents demand during the forecast period.

Regional Analysis:

•  North America
   Europe
   Asia-Pacific
   Middle East and Africa (MEA)
   South America

The investigation of the global water based pigments Market in the report looks at the supply chains of the producers, the rules and regulations in place at the time, the supply chains, cost structures, and market share. The regional marketplaces for the global water based pigments Market are investigated by analysing the worth of the commodities in the area in relation to the profit created.

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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

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