Chemical & Materials Trending Aromatic Solvents Market | Page 5

Industrial Insights
❖The aromatic solvents market has been segmented on the basis of type, application, and region.
Based on type, the market has been segmented into toluene solvents, xylene solvents, and
ethylbenzene solvents.
❖The toluene solvents segment accounted for the largest market share, in terms of value, in 2017.
❖The high solvency power and low-toxicity of toluene solvents and xylene solvents are expected to
increase their usage in various applications such as paints & coatings, printing inks, adhesives, and
cleaning & degreasing.
❖Based on application, the aromatic solvents market has been segmented into paints & coatings,
adhesives, printing inks, cleaning & degreasing, and others.
❖The paints & coatings segment accounted for the largest market share, in terms of value, in 2017.
❖The growth of the automotive OEM, machinery, and appliances markets, globally accompanied by
the rise in building & construction activities are expected to drive the demand in this application
during the forecast period.
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