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Was valued at over $6.2 billion in 2019 and is anticipated to expand at a CAGR of 4%.
June 25, 2021
By: Anthony Locicero
Copy editor, New York Post
The global hydrocarbon solvents market was valued at over $6.2 billion in 2019 and is anticipated to expand at a CAGR of 4% during the forecast period. Hydrocarbon solvents are used to dissolve oil. They are also employed in the formulation of various solutions and processes. They add value to paints & coatings, cosmetics, adhesives, and lubricants due to their high solvency rate. Some hydrocarbon solvents are produced from natural resources such as sugarcane and ...
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