The hydrocarbon solvents market is projected to have a global market size of 5.7 billion in 2023 and a compound annual growth rate (CAGR) of 2.9% from 2024 to 2034. Because of their superior solubility and rapid drying times, hydrocarbon solvents are frequently employed in paints, coatings, and varnishes. The demand for coating is rising due to the expansion of the automotive and construction...
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