Global De Aromatic Solvents Market, 2016 2022

1372 words - 6 pages

Global De-aromatic Solvents Market, 2016 - 2022

Persistence Market Research

Globally, Sales of De-aromatic Solvents is
Expected to Reach US$ 2,918 Mn by 2022:
Persistence Market Research

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Global De-aromatic Solvents Market, 2016 - 2022
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research ‘Global Market Study on De-aromatic
Solvents: Increasing Demand for Paints and Coatings, Metal Working Industries to
Drive the Growth of Market During the Forecast Period 2016 - 2022’, globally, the
revenue generated from sales of de-aromatic solvents has been estimated to be valued at
US$ 1.56 Bn ...view middle of the document...

Another major factor that is projected to impede growth of the de-aromatic solvents market,
especially in paints & coatings application segment, is increasing demand for water-based
paints & coatings, powder coatings, among others across the globe. Consumption of dearomatic solvents is expected to increase from 1,718,100 metric tons in 2015 to 2,230,972
kilotons by 2022, increasing at a CAGR of 3.8% during the forecast period.

Request Sample Report: http://www.persistencemarketresearch.com/samples/9926

Asia-Pacific accounted for the largest revenue share of the global de-aromatic solvents
market in 2014, and the market in the region is anticipated to increase at the highest CAGR
over the forecast period. Consumption of de-aromatic solvents in Asia-Pacific is projected to

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Global De-aromatic Solvents Market, 2016 - 2022
increase by 1.4X between 2014 and 2022. Mature markets, i.e. North America and Europe,
are expected to register relatively slower growth during the forecast period.

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Exxon Mobil Corporation, Royal Dutch Shell plc., Total S.A., and Idemitsu Kosan Co., Ltd. are
among the leading players in the global de-aromatic solvents market. Other market players
include CEPSA, Gandhar Oil Refinery India Ltd, Neste Oyj, and SK Global Chemical Co., Ltd.

The global de-aromatic solvents market is segmented as follows:

By flash point

High flash point

Medium flash point

High flash point

By Boiling Point

Type 1 (1500C-2000C)

Type 2 (2000C-2400C)

Type 3 (>2400C)

By Application

Paints and coatings

Metal working

Industrial cleaning

Drilling fluids

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Global De-aromatic Solvents Market, 2016 - 2022

Adhesives and sealants

Consumer products

Others (crop protection, chemical intermediates)

By Regions

Asia Pacific

Europe

North America

Latin America

The Middle East & Africa

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Market History:
De-aromatic solvents, also called dearomatized hydrocarbon solvents or ultra-low aromatic
solvents, are a class of hydrocarbon solvents that are characterized by the presence of
paraffinic, iso-paraffinic, and naphthenic components with very low aromatic content (<2%).
De-aromatic solvents are of three types, namely low flash point, medium flash point, and
high flash point. These dearomatized hydrocarbon solvents find application in various
industries and are used as solvents for printing inks, paints & coatings, metal working fluids,
industrial and institutional cleaning, adhesives and sealants, drilling fluids, and in consumer
products. They are effective alternatives to conventional solvents such as mineral spirits and
mineral turpentine.

Global sales revenue of the global de-aromatic solvents market is expected to increase at a
CAGR of 5.9% over the...

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