According to Acquire Market Research this study, De-aromatic solvents, also called de-aromatized hydrocarbon solvents or de-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 (<400 ppm).
Scope of the Report:
The global De-Aromatic Solvents industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia-Pacific, such as Exxon Mobil, Royal Dutch Shell, Sinopec Group and Petro China. At present, Exxon Mobil is the world leader, holding 22.72% production market share in 2017.
The global consumption of De-Aromatic Solvents increases from 880 K MT in 2013 to 999 K MT in 2017, at a CAGR of more than 3.23%. In 2017, the global De-Aromatic Solvents consumption market is led by China and China is the largest region consumption market, accounting for about 39.04% of global consumption of De-Aromatic Solvents.
De-Aromatic Solvents downstream is wide and recently De-Aromatic Solvents has acquired increasing significance in various fields of Paints & Coatings, Metal Working, Industrial Cleaning, Consumer Products, Drilling Fluids and Adhesives & Sealants. Globally, the De-Aromatic Solvents market is mainly driven by growing demand for Paints & Coatings. Paints & Coatings accounts for nearly 42.53% of total downstream consumption of De-Aromatic Solvents in global.
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De-Aromatic Solvents can be mainly divided into Low Flash Point, Medium Flash Point and High Flash Point which Medium Flash Point captures about 58.73% of De-Aromatic Solvents market in 2017. According to our research and analysis, manufacturers from North America are the major leaders in the international market of De-Aromatic Solvents.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, De-Aromatic Solvents consumption will show a trend of steady growth. In 2024 the consumption of De-Aromatic Solvents is estimated to be 1257 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The worldwide market for De-Aromatic Solvents is expected to grow at a CAGR of roughly 2.7% over the next five years, will reach 1320 million US$ in 2024, from 1130 million US$ in 2019, according to a new study.
This report focuses on the De-Aromatic Solvents in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Exxon Mobil
Royal Dutch Shell
Mehta Petro Refineries
Eastern Petroleum
SK
Cepsa
Gandhar Oil Refinery
Neste Oyj
Sinopec Group
Petro China
Luoyang Jinda
Maohua Shihua
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Low Flash Point
Medium Flash Point
High Flash Point
Market Segment by Applications, can be divided into
Paints & Coatings
Metal Working
Industrial Cleaning
Consumer Products
Drilling Fluids
Adhesives & Sealants
Others
Table of Contents
1 Market Overview
1.1 De-Aromatic Solvents Introduction
1.2 Market Analysis by Type
1.2.1 Low Flash Point
1.2.2 Medium Flash Point
1.2.3 High Flash Point
1.3 Market Analysis by Applications
1.3.1 Paints & Coatings
1.3.2 Metal Working
1.3.3 Industrial Cleaning
1.3.4 Consumer Products
1.3.5 Drilling Fluids
1.3.6 Adhesives & Sealants
1.3.7 Others
1.4 Market Analysis by Regions
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"We understand the integral role data plays in the growth of Business empires."
Acquire Market Research is a shrine of world-class research reports from around the world and we offer you only the best in the Industry when it comes to research. At Acquire, every data need will be catered to and met with a powerful world of choices.
"We understand the integral role data plays in the growth of Business empires."
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