| Product Code: ETC5881421 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continued to witness a strong demand for aromatic solvents, with the USA, UK, Belgium, Germany, and the Netherlands emerging as the top exporters. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 3.08%, while the impressive growth rate of 19.68% from 2023 to 2024 signals a significant uptick in import shipments, reflecting a positive outlook for the aromatic solvents market in Ireland.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Aromatic Solvents Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Aromatic Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Aromatic Solvents Market - Industry Life Cycle |
3.4 Ireland Aromatic Solvents Market - Porter's Five Forces |
3.5 Ireland Aromatic Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Aromatic Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Aromatic Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aromatic solvents in industries such as paints coatings, pharmaceuticals, and adhesives due to their properties such as high solvency and low toxicity. |
4.2.2 Growing focus on sustainable and eco-friendly solvents, leading to the adoption of bio-based aromatic solvents in Ireland. |
4.2.3 Rise in construction activities and infrastructure development projects driving the demand for aromatic solvents in the country. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aromatic solvents impacting the overall cost and profitability. |
4.3.2 Stringent regulations and policies governing the use and disposal of aromatic solvents, leading to compliance challenges for manufacturers and users. |
4.3.3 Competition from alternative solvents such as aliphatic hydrocarbons and glycol ethers affecting the market penetration of aromatic solvents. |
5 Ireland Aromatic Solvents Market Trends |
6 Ireland Aromatic Solvents Market Segmentations |
6.1 Ireland Aromatic Solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Aromatic Solvents Market Revenues & Volume, By Toluene Solvents, 2021-2031F |
6.1.3 Ireland Aromatic Solvents Market Revenues & Volume, By Xylene Solvents , 2021-2031F |
6.1.4 Ireland Aromatic Solvents Market Revenues & Volume, By Ethylbenzene Solvents, 2021-2031F |
6.2 Ireland Aromatic Solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Aromatic Solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Ireland Aromatic Solvents Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.2.4 Ireland Aromatic Solvents Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Ireland Aromatic Solvents Market Revenues & Volume, By Cleaning & Degreasing, 2021-2031F |
7 Ireland Aromatic Solvents Market Import-Export Trade Statistics |
7.1 Ireland Aromatic Solvents Market Export to Major Countries |
7.2 Ireland Aromatic Solvents Market Imports from Major Countries |
8 Ireland Aromatic Solvents Market Key Performance Indicators |
8.1 Adoption rate of bio-based aromatic solvents in various industries in Ireland. |
8.2 Percentage of companies in Ireland using aromatic solvents that comply with environmental regulations. |
8.3 Research and development investment in the development of innovative aromatic solvent formulations in the country. |
9 Ireland Aromatic Solvents Market - Opportunity Assessment |
9.1 Ireland Aromatic Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Aromatic Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Aromatic Solvents Market - Competitive Landscape |
10.1 Ireland Aromatic Solvents Market Revenue Share, By Companies, 2024 |
10.2 Ireland Aromatic Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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