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Global Hydrocarbon Solvents Market 2016-2021: Type, Application, Opportunities and Forecast

Albany, NY — (SBWIRE) — 03/03/2017 — Rising demand in the construction and automotive industry combined with the growing environmental concerns towards greener options is driving the demand for hydrocarbon solvents globally.Asia Pacific is the highest growing market for hydrocarbon solvents with China & Korea being major market, North America is having moderate growth with U.S. providing momentum while Europe is having sluggish growth with Germany being the major market. Usage of Hydrocarbon & Oxygenated solvents, Boost in the Asia Pacific Market, launch of innovative new products and solutions and Boost in the Demand For Construction Chemicals is driving the market.Growing infrastructural spending in developing regions, increasing demand for paints & coatings, increasing environmental concerns along with increasing legislations in the industry are some of the factors that drive the hydrocarbon solvents market.Increasing concerns over the toxicity of volatile organic compounds (VOCs), stringent government regulations, growing demand for eco-friendly products along with stiff competition within the Industry are the major challenges the Industry has to face when dealing with the Hydrocarbon Solvents.Global Hydrocarbon Solvents Market is forecasted to grow at a CAGR of 2.23% during 2016 2021, driven by rising demand in the major end user industries mainly construction and automotive industry. The market in developed regions is already matured and is witnessing sluggish growth while the developing regions are expected to witness consistent growth in the hydrocarbon solvents market.Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=760224According to Azoth Analytics research report, Global Hydrocarbon Solvents Market (By Source, By Type, By Application): Opportunities and Forecasts (2016-2021) – (By Source Conventional, Bio-Green Based; By Type: Aliphatic – Varnish & Paints, Mineral Spirits, Paraffinic Solvents, Solvent 140; Aromatic Benzene, Toluene, Xylene, Ethyl benzene; By Application Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care, Metal Cleaning, Rubber & Polymer, Agricultural Chemicals), Global Hydrocarbon Solvents Market is projected to exhibit a CAGR of over ~2.23% during 2016 – 2021. Few of the leading companies operating in hydrocarbon solvents market are Exxon mobil Corp., Celanese Corp., Huntsman Corp., Royal Dutch Shell, INEOS AG.Scope of the ReportThe report provides coverage By Source, By Type and By Application:By Hydrocarbon Solvent Source- Conventional Source- Bio-Green Based SourceBy Hydrocarbon Solvent Type- Aliphatic Type-Varnish & Paints, Mineral Spirits, Paraffinic Solvents, Solvent 140, OthersAromatic Type-Benzene, Toluene, Xylene, Ethyl benzene, OthersBy Hydrocarbon Solvent Application-Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care, Metal Cleaning, Rubber & Polymer, Agricultural ChemicalsThe report provides coverage by Region- North America- Europe- Asia Pacific- RoWEnquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=760224The report provides coverage by Country- United States- Germany- China- South KoreaAbout ResearchMozResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.Contact Us:Mr. NachiketAlbany NY – 12207United StatesTel: 518-621-2074Tel: 866-997-4948 (Us-Canada Toll Free)Email: sales@researchmoz.usFollow us on LinkedIn at: http://bit.ly/1TBmnVG

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