Global De-Aromatic Solvents Market Overview

Global De-Aromatic Solvents Market size is expected to grow from USD 1.5 Billion in 2022 to USD 2.12 Billion by 2030, at a CAGR of 4.4% during the forecast period (2023–2030).

  • De-aromatic solvents, also known as de-aromatized solvents, play pivotal roles across multiple industries due to their diverse applications. In the realm of paints, coatings, and varnishes, these solvents act as diluents, aiding viscosity control, facilitating smoother application, and regulating drying times for improved film formation. Their versatility extends to adhesives and sealants, where they adjust viscosity, enhance adhesion, and fine-tune application properties. In industrial settings, these solvents find use in cleaning processes, efficiently degreasing parts, and removing contaminants during equipment maintenance.
  • Moreover, their utility extends to printing inks, contributing to ink formulation by managing viscosity, enhancing printability, and regulating drying times. In the agricultural sector, de-aromatized solvents assist in the production of agrochemicals, aiding formulation processes and ensuring desired chemical properties in pesticides and herbicides. Some variants even find application in pharmaceuticals and personal care products like lotions and creams.
  • The benefits of using these solvents are extensive. They boast reduced environmental impact by containing lower levels of volatile organic compounds (VOCs), resulting in diminished emissions and a smaller ecological footprint. Their reduction or elimination of toxic aromatic compounds such as benzene, toluene, and xylene enhances workplace safety and decreases health risks associated with exposure to these hazardous substances. Additionally, their milder odor compared to aromatic solvents makes them more pleasant to work with, particularly in settings where odor control is crucial. These solvents also aid industries in complying with stringent environmental and safety regulations while offering versatility and compatibility across a broad spectrum of applications, contributing to enhanced overall performance in various industrial sectors.

De-Aromatic Solvents Market Trend Analysis:

Increasing demand for safer and more environmentally friendly solvents

  • The escalating need for safer, environmentally friendly solvents acts as a pivotal force driving the expansion of the de-aromatic solvent market. Industries, spanning diverse sectors, are actively pursuing alternatives to traditional aromatic solvents due to amplified concerns regarding workplace safety and environmental repercussions. De-aromatized solvents emerge as a compelling remedy by notably reducing toxicity levels and volatile organic compounds (VOCs), in line with stringent regulations aimed at mitigating environmental harm.
  • This burgeoning demand gains further momentum from the global shift towards sustainable and eco-conscious manufacturing practices. De-aromatic solvents, capable of mitigating health risks linked to exposure to hazardous aromatic compounds like benzene and toluene, are increasingly preferred across industries such as paint, coatings, adhesives, pharmaceuticals, and personal care products. These solvents are chosen to meet regulatory benchmarks and cater to consumer inclinations for safer, more environmentally sound alternatives.
  • The surge in demand for de-aromatic solvents is deeply rooted in their inherent advantages. They are lauded for their ability to fortify workplace safety measures, curtail environmental impact, and adhere to rigorous regulatory frameworks. As industries globally place a premium on sustainability and environmentally responsible practices, the trajectory of the de-aromatic solvents market points towards significant growth. This momentum is driven by the essential need for solvents that not only ensure effectiveness but also align with the escalating demand for environmentally conscious solutions across diverse sectors.

Rise of bio-based de-aromatic solvents

  • The emergence of bio-based de-aromatic solvents represents a significant opportunity in the linear voltage regulator market as industries lean towards sustainable practices. Derived from renewable sources, these solvents offer an eco-conscious alternative to traditional petroleum-based options, aligning with the global push for eco-friendly solutions and reduced carbon footprints.
  • The appeal of bio-based de-aromatic solvents lies in their lower environmental impact, sourced from biomass like plants, vegetable oils, or bio-based chemicals. Despite originating from renewable origins, these solvents maintain similar functionalities to their petroleum-derived counterparts, ensuring compatibility and effectiveness across various applications. Furthermore, their renewable nature and potential for biodegradability position them favorably, especially in sectors seeking to comply with stringent environmental regulations and cater to the increasing demand for sustainable products.
  • The rising utilization of bio-based de-aromatic solvents significantly enhances growth prospects within the linear voltage regulators market. Their adoption aligns with broader industry goals, encouraging a shift towards greener technologies and sustainable manufacturing practices. This scenario presents an opportune moment for enterprises to capitalize on the escalating need for environmentally friendly solvents, meeting consumer preferences and regulatory mandates focused on fostering environmental responsibility.

De-Aromatic Solvents Market Segment Analysis:

By Application, Paints, Coatings, and Inks segment is expected to dominate the market during the forecast period.

  • In the global market for de-aromatic solvents, the paints, coatings, and inks category holds a significant market share. Because these solvents outperform conventional aromatic solvents in a variety of ways, such as enhanced solubility, adhesion, and faster drying periods, this industry is significantly dependent on them. They are better for the environment due to their reduced VOC emissions and milder odour. De-aromatic solvents are widely employed in architectural, industrial, automotive, and marine coatings, demonstrating their critical importance in this vast sector. They serve a pivotal role across industries.

By Flash Point, Medium Flash Point segment dominates the global de-aromatic solvents market.

  • The global de-aromatic solvents market is largely led by the Medium Flash Point segment, showcasing significant dominance. This sector's prominence stems from its distinctive attribute of moderate flash points, striking a balance between stability and volatility. Widely utilized in paints, coatings, adhesives, and cleaning products across diverse industries, these solvents offer controlled evaporation rates and safer handling conditions owing to their medium flash points. Their pervasive application underscores their crucial role and extensive usage in varied industrial sectors.

De-Aromatic Solvents Market Regional Insights:

Asia-Pacific Dominates the Market Over the Forecast period

  • The Asia-Pacific region commands the global de-aromatic solvents market due to pivotal factors. This dominance springs from the region's robust industrial landscape, particularly in nations like China, India, Japan, and South Korea. Their rapid urbanization, industrial expansion, and infrastructural projects fuel extensive demand for these solvents, notably in paints, coatings, adhesives, and cleaning products.
  • Additionally, the Asia Pacific benefits from a substantial manufacturing base, serving as a hub for industries heavily reliant on de-aromatic solvents. Diverse sectors like automotive, construction, and electronics further intensify solvent consumption. Moreover, the region's heightened focus on environmental regulations and sustainability propels the shift towards safer, eco-friendly solvent options. De-aromatic solvents, marked by their reduced environmental impact and enhanced safety profiles, seamlessly align with these regulatory demands, fostering increased demand across the Asia Pacific.
  • Furthermore, economic growth, expanding populations, and rising disposable incomes in the region propel sectors like construction and automotive, subsequently bolstering the demand for de-aromatic solvents. This amalgamation of factors—rapid industrialization, diverse manufacturing sectors, stringent environmental norms, and economic expansion—solidifies the Asia Pacific's dominance in the global de-aromatic solvents market.

Key Players Covered in De-Aromatic Solvents:

  • 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

De-Aromatic Solvents Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 1.5 Bn.

Forecast Period 2023-30 CAGR:

4.4%

Market Size in 2030:

USD 2.12 Bn.

Segments Covered:

  • 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)
  • By Region
  • North America (U.S., 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, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing demand for safer and more environmentally friendly solvents

Key Market Restraints:

  • Limited availability of bio-based alternatives

Key Opportunities:

  • Rise of bio-based de-aromatic solvents

Companies Covered in the Report:

  • Exxonmobil, Calumet Specialty Products Partners, Shell, DHC Solvent Chemie Gmbh, Neste, and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. ANALYSIS OF THE IMPACT OF COVID-19
      1. Impact On The Overall Market
      2. Impact On The Supply Chain
      3. Impact On The Key Manufacturers
      4. Impact On The Pricing
      5. Post COVID Situation
    11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    12. ECOSYSTEM
  6. DE-AROMATIC SOLVENTS MARKET BY APPLICATION (2016-2030)
    1. DE-AROMATIC SOLVENTS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. PAINTS, COATINGS AND INKS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. METAL WORKING
    5. INDUSTRIAL CLEANING
    6. ADHESIVES AND SEALANTS
    7. DRILLING FLUIDS
    8. CONSUMER PRODUCTS
    9. OTHERS
  7. DE-AROMATIC SOLVENTS MARKET BY FLASH POINT (2016-2030)
    1. DE-AROMATIC SOLVENTS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. LOW FLASH POINT
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. MEDIUM FLASH POINT
    5. HIGH FLASH POINT
  8. DE-AROMATIC SOLVENTS MARKET BY BOILING POINT (2016-2030)
    1. DE-AROMATIC SOLVENTS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. TYPE 1 (<1850C)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. TYPE 2 (1850C - 2400C)
    5. TYPE 3 (>2400C)
  9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. De-Aromatic Solvents Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. EXXONMOBIL (USA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. (USA)
    4. SHELL (NETHERLANDS)
    5. NESTE (FINLAND)
    6. DHC SOLVENT CHEMIE GMBH (GERMANY)
    7. CEPSA (SPAIN)
    8. CHINA PETROCHEMICAL CORPORATION (CHINA)
    9. CHINA NATIONAL PETROLEUM CORPORATION (CHINA)
    10. LUOYANG JINDA PETROCHEMISTRY INDUSTRY (CHINA)
    11. MAOMINGPETRO-CHEMICALSHIHUA (CHINA)
    12. SINOPEC (CHINA)
    13. PETROCHINA (CHINA)
    14. IDEMITSU KOSAN CO., LTD. (JAPAN)
    15. GANDHAR OIL REFINERY LIMITED. (INDIA)
    16. RAJ PETRO SPECIALITIES PVT. LTD. (INDIA)
    17. EASTERN PETROLEUM PVT. LTD. (INDIA)
    18. AVANI PETROCHEM PVT. LTD. (INDIA)
    19. MEHTA PETRO REFINERIES LTD. (INDIA)
    20. SK ENERGY (SOUTH KOREA)
    21. SASOL (SOUTH AFRICA)
  10. GLOBAL DE-AROMATIC SOLVENTS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By APPLICATION
      5. Historic And Forecasted Market Size By FLASH POINT
      6. Historic And Forecasted Market Size By BOILING POINT
      7. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  11. INVESTMENT ANALYSIS
  12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

De-Aromatic Solvents Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 1.5 Bn.

Forecast Period 2023-30 CAGR:

4.4%

Market Size in 2030:

USD 2.12 Bn.

Segments Covered:

  • 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)
  • By Region
  • North America (U.S., 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, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing demand for safer and more environmentally friendly solvents

Key Market Restraints:

  • Limited availability of bio-based alternatives

Key Opportunities:

  • Rise of bio-based de-aromatic solvents

Companies Covered in the Report:

  • Exxonmobil, Calumet Specialty Products Partners, Shell, DHC Solvent Chemie Gmbh, Neste, and Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DE-AROMATIC SOLVENTS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DE-AROMATIC SOLVENTS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DE-AROMATIC SOLVENTS MARKET COMPETITIVE RIVALRY
TABLE 005. DE-AROMATIC SOLVENTS MARKET THREAT OF NEW ENTRANTS
TABLE 006. DE-AROMATIC SOLVENTS MARKET THREAT OF SUBSTITUTES
TABLE 007. DE-AROMATIC SOLVENTS MARKET BY TYPE
TABLE 008. LOW FLASH POINT MARKET OVERVIEW (2016-2028)
TABLE 009. MEDIUM FLASH POINT MARKET OVERVIEW (2016-2028)
TABLE 010. HIGH FLASH POINT MARKET OVERVIEW (2016-2028)
TABLE 011. DE-AROMATIC SOLVENTS MARKET BY APPLICATION
TABLE 012. PAINTS & COATINGS MARKET OVERVIEW (2016-2028)
TABLE 013. METAL WORKING MARKET OVERVIEW (2016-2028)
TABLE 014. INDUSTRIAL CLEANING MARKET OVERVIEW (2016-2028)
TABLE 015. CONSUMER PRODUCTS MARKET OVERVIEW (2016-2028)
TABLE 016. DRILLING FLUIDS MARKET OVERVIEW (2016-2028)
TABLE 017. ADHESIVES & SEALANTS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA DE-AROMATIC SOLVENTS MARKET, BY TYPE (2016-2028)
TABLE 019. NORTH AMERICA DE-AROMATIC SOLVENTS MARKET, BY APPLICATION (2016-2028)
TABLE 020. N DE-AROMATIC SOLVENTS MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE DE-AROMATIC SOLVENTS MARKET, BY TYPE (2016-2028)
TABLE 022. EUROPE DE-AROMATIC SOLVENTS MARKET, BY APPLICATION (2016-2028)
TABLE 023. DE-AROMATIC SOLVENTS MARKET, BY COUNTRY (2016-2028)
TABLE 024. ASIA PACIFIC DE-AROMATIC SOLVENTS MARKET, BY TYPE (2016-2028)
TABLE 025. ASIA PACIFIC DE-AROMATIC SOLVENTS MARKET, BY APPLICATION (2016-2028)
TABLE 026. DE-AROMATIC SOLVENTS MARKET, BY COUNTRY (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET, BY TYPE (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET, BY APPLICATION (2016-2028)
TABLE 029. DE-AROMATIC SOLVENTS MARKET, BY COUNTRY (2016-2028)
TABLE 030. SOUTH AMERICA DE-AROMATIC SOLVENTS MARKET, BY TYPE (2016-2028)
TABLE 031. SOUTH AMERICA DE-AROMATIC SOLVENTS MARKET, BY APPLICATION (2016-2028)
TABLE 032. DE-AROMATIC SOLVENTS MARKET, BY COUNTRY (2016-2028)
TABLE 033. EXXON MOBIL: SNAPSHOT
TABLE 034. EXXON MOBIL: BUSINESS PERFORMANCE
TABLE 035. EXXON MOBIL: PRODUCT PORTFOLIO
TABLE 036. EXXON MOBIL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. ROYAL DUTCH SHELL: SNAPSHOT
TABLE 037. ROYAL DUTCH SHELL: BUSINESS PERFORMANCE
TABLE 038. ROYAL DUTCH SHELL: PRODUCT PORTFOLIO
TABLE 039. ROYAL DUTCH SHELL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. EASTERN PETROLEUM: SNAPSHOT
TABLE 040. EASTERN PETROLEUM: BUSINESS PERFORMANCE
TABLE 041. EASTERN PETROLEUM: PRODUCT PORTFOLIO
TABLE 042. EASTERN PETROLEUM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. SK: SNAPSHOT
TABLE 043. SK: BUSINESS PERFORMANCE
TABLE 044. SK: PRODUCT PORTFOLIO
TABLE 045. SK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. CEPSA: SNAPSHOT
TABLE 046. CEPSA: BUSINESS PERFORMANCE
TABLE 047. CEPSA: PRODUCT PORTFOLIO
TABLE 048. CEPSA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. GANDHAR OIL REFINERY: SNAPSHOT
TABLE 049. GANDHAR OIL REFINERY: BUSINESS PERFORMANCE
TABLE 050. GANDHAR OIL REFINERY: PRODUCT PORTFOLIO
TABLE 051. GANDHAR OIL REFINERY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. NESTE OYJ: SNAPSHOT
TABLE 052. NESTE OYJ: BUSINESS PERFORMANCE
TABLE 053. NESTE OYJ: PRODUCT PORTFOLIO
TABLE 054. NESTE OYJ: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. SINOPEC GROUP: SNAPSHOT
TABLE 055. SINOPEC GROUP: BUSINESS PERFORMANCE
TABLE 056. SINOPEC GROUP: PRODUCT PORTFOLIO
TABLE 057. SINOPEC GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. PETRO CHINA: SNAPSHOT
TABLE 058. PETRO CHINA: BUSINESS PERFORMANCE
TABLE 059. PETRO CHINA: PRODUCT PORTFOLIO
TABLE 060. PETRO CHINA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. MEHTA PETRO REFINERIES: SNAPSHOT
TABLE 061. MEHTA PETRO REFINERIES: BUSINESS PERFORMANCE
TABLE 062. MEHTA PETRO REFINERIES: PRODUCT PORTFOLIO
TABLE 063. MEHTA PETRO REFINERIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. LUOYANG JINDA: SNAPSHOT
TABLE 064. LUOYANG JINDA: BUSINESS PERFORMANCE
TABLE 065. LUOYANG JINDA: PRODUCT PORTFOLIO
TABLE 066. LUOYANG JINDA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. MAOHUA SHIHUA: SNAPSHOT
TABLE 067. MAOHUA SHIHUA: BUSINESS PERFORMANCE
TABLE 068. MAOHUA SHIHUA: PRODUCT PORTFOLIO
TABLE 069. MAOHUA SHIHUA: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DE-AROMATIC SOLVENTS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DE-AROMATIC SOLVENTS MARKET OVERVIEW BY TYPE
FIGURE 012. LOW FLASH POINT MARKET OVERVIEW (2016-2028)
FIGURE 013. MEDIUM FLASH POINT MARKET OVERVIEW (2016-2028)
FIGURE 014. HIGH FLASH POINT MARKET OVERVIEW (2016-2028)
FIGURE 015. DE-AROMATIC SOLVENTS MARKET OVERVIEW BY APPLICATION
FIGURE 016. PAINTS & COATINGS MARKET OVERVIEW (2016-2028)
FIGURE 017. METAL WORKING MARKET OVERVIEW (2016-2028)
FIGURE 018. INDUSTRIAL CLEANING MARKET OVERVIEW (2016-2028)
FIGURE 019. CONSUMER PRODUCTS MARKET OVERVIEW (2016-2028)
FIGURE 020. DRILLING FLUIDS MARKET OVERVIEW (2016-2028)
FIGURE 021. ADHESIVES & SEALANTS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA DE-AROMATIC SOLVENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE DE-AROMATIC SOLVENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC DE-AROMATIC SOLVENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA DE-AROMATIC SOLVENTS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be forecast period in the market research report?

The forecast period in the market research report is 2023–2030.

Who are the key players in De-Aromatic Solvents market?

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

What are the segments of De-Aromatic Solvents market?

The De-Aromatic Solvents market is segmented into application type, product type and region. By Application type, the market is categorized into Paints & Coatings, Metal Working, Industrial Cleaning, Consumer Products, Drilling Fluids, Adhesives & Sealants. By product type, it is classified into Low Flash Point, Medium Flash Point, High Flash Point and others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).

What is the De-Aromatic Solvents market?

De-aromatic solvents, also known as de-aromatized solvents, play pivotal roles across multiple industries due to their diverse applications. In the realm of paints, coatings, and varnishes, these solvents act as diluents, aiding viscosity control, facilitating smoother application, and regulating drying times for improved film formation. Their versatility extends to adhesives and sealants, where they adjust viscosity, enhance adhesion, and fine-tune application properties. In industrial settings, these solvents find use in cleaning processes, efficiently degreasing parts, and removing contaminants during equipment maintenance.

How big is the De-Aromatic Solvents market?

Global De-Aromatic Solvents Market size is expected to grow from USD 1.5 Billion in 2022 to USD 2.12 Billion by 2030, at a CAGR of 4.4% during the forecast period (2023-2030).