De-Aromatic Solvents Market Size Was Valued at USD 1.57 Billion in 2023 and is Projected to Reach USD 2.31 Billion by 2032, Growing at a CAGR of 4.4% From 2024-2032.
De-aromatic solvents or de-aromatized solvents are crucial performers in various industries owing to the range of uses they have. In paints, coatings, and varnishes, these solvents serve as diluents, assist viscosity control, ease application, and control drying time for better film formation. De-aromatic solvents are as versatile in their applications in adhesives and sealants where they control viscosity, improve adhesion, and refine application characteristics. In industrial applications, such solvents are employed in cleaning operations, effectively degreasing components, and stripping dirt in the maintenance of equipment.
Top Key Players involved are:
Exxonmobil (USA), Calumet Specialty Products Partners, L.P. (USA), Shell (Netherlands), Neste (Finland), DHC Solvent Chemie Gmbh (Germany), Cepsa (Spain), China Petrochemical Corporation (China), China National Petroleum Corporation (China), Luoyang Jinda Petrochemistry Industry (China), Maomingpetro-Chemicalshihua (China), Sinopec (China), Petrochina (China), Idemitsu Kosan Co., Ltd. (Japan), Gandhar Oil Refinery Limited. (India), Raj Petro Specialities Pvt. Ltd. (India), Eastern Petroleum Pvt. Ltd. (India), Avani Petrochem Pvt. Ltd. (India), Mehta Petro Refineries Ltd. (India), Sk Energy (South Korea), Sasol (South Africa), and other Major Players,
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The latest report on the De-Aromatic Solvents Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global De-Aromatic Solvents industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the De-Aromatic Solvents market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.
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Segmentation of De-Aromatic Solvents Market:
By Application
- Paints, Coatings and Inks
- Metal Working
- Industrial Cleaning
- Adhesives and Sealants
- Drilling Fluids
- Consumer Products
- Others
By Flash Point
- Low Flash Point
- Medium Flash Point
- High Flash Point
By Boiling Point
- Type 1 (<1850C)
- Type 2 (1850C–2400C)
- Type 3 (>2400C)
An in-depth study of the De-Aromatic Solvents industry for the years 2024–2032 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report’s segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers’ values, needs, and buying inclinations, are integral parts of any thorough market analysis.
De-Aromatic Solvents Market Dynamic:
The business of de-aromatic solvents is witnessing consistent demand, mainly on account of its use in paints, coatings, adhesives, and cleaning products where low toxicity and good solvent efficiency are strongly desired. With tightening norms for VOC emissions and environmental responsibility, the demand is shifting towards environmentally friendly, low-aromatic and non-toxic variants in industrial uses. In addition, sectors like automotive and construction continue to be the driving forces for de-aromatic solvents based on their performance and safety benefits. But market dynamics are affected by factors like volatility in raw material prices and regulatory complexity. As concern for sustainable solutions and green chemistry grows, the de-aromatic solvents industry is likely to expand in tandem with changing environmental and safety norms.
By Regions: –
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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De-Aromatic Solvents Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
Points Covered In Table Of Content:-
Chapter 01 – De-Aromatic Solvents Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Pricing Analysis
Chapter 05 – Market Background or History
Chapter 06 – Market Segmentation (e.g. Type, Application)
Chapter 07 – Emerging Countries Analysis Worldwide De-Aromatic Solvents Market
Chapter 08 – Market Structure & worth Analysis
Chapter 09 – Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Market Research Method
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