C9 Solvent Market Size Predicted to Reach USD 50.00 Million by 2026
According to the report, The global C9 Solvent market in 2019 was approximately USD 35.00 Million. The market is expected to grow at a CAGR of more than 3.0% and is anticipated to reach around USD 50.00 Million by 2026.
The C9 Solvents Group consists of a petroleum naphtha refinery source, Solvent naphtha, light aromatic, (petroleum), (CAS RN 64742-95-6), from which the other, additional chemically wholesome members of this group are removed. These other members include some C9 aromatic isomers (1,2,4-trimethylbenzene, 1,3,5-trimethylbenzene, and mixed ethyltoluene), which have relatively restricted development and are mainly used as chemical intermediates.
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The C9 Solvent market research report delivers an acute valuation and taxonomy of the C9 Solvent industry by practically splitting the market on the basis of a different type, and application, and region. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the C9 Solvent industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the C9 Solvent industry is provided for the leading economies of the world.
The C9 Solvent market is segmented based on type and application. On the basis of type segmentation, the market is classified into Benzene, 1,2,4-trimethyl, Benzene, 1,3,5-trimethyl, Benzene, ethylmethyl (ethyltoluene mixed isomers), and Solvent naphtha, (petroleum), light aromatic. In terms of application segmentation, the market is bifurcated into Pharmaceuticals, Oilfield Chemicals, Automotive, Paints and coatings, and others.
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Some of the essential players operating in the C9 Solvent market, but not restricted to include Arham Petrochem, Chevron Phillips Chemicals Company, DEZA, Eastman Chemical Company, Exxon Mobil, Galp Energia, Ganga Rasayanie, Hanwha Group, Jiangsu Hualun, Kandla Energy & Chemicals, Korea Petrochemical Ind, Monument Chemical, Pampa Energa, Reliance Industries, Shell International, SK global chemical, S-OIL CORPORATION, Total, and VIRENT, among others.
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