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Dearomatized Solvents Market Is Expected To Propel Growth Based On Technological Advancements And Supportive Government Funding Till 2025

Press Release   •   Apr 02, 2018 03:10 EDT

Dearomatized Solvents Market

Dearotomized Solvents are chemically processed, highly hydrogenated and specially formulated solvent. They are devoid of unsaturated hydrocarbons and aromatics and in most cases odourless clear and colourless liquid. They are insoluble in water, free from acid have low penetration smells and broad range of distillation capacity from 150 to 280ºC. The dearomatized hydrocarbon solvents in the C9-C14 aliphatic carbon number range were produced as a replacement to conventional solvents such as mineral, white spirits, but with lower aromatic content. The fluids regulate and maintain good solvency characteristics without affecting health, safety and environmental standards. Dearotomised Solvents products are broadly utilized in manufacture of Polish, degreasing products, hydrocarbon solvents, perfume and aerosol products, speciality lubricants & lube oil additives, pesticide, insecticide & speciality chemicals, agrochemicals, fuel additive & solvent for industrial usage.

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The global coatings, paint & ink industry is witnessing substantial growth with factors attributing to growing need from key end use sectors such as electronics & electrical, automotive, construction and transportation and many others tend to drive the market growth. Penetrating paint, coating and ink industries globally associated with the growth in metal working and customer product sector adding mosquito repellents and household insecticides is expected to propel the demand for dearotomised solvents having applications across these commercial sectors. In addition, high requirement for higher flash points dearotomised solvents from metal working industry is boosting the market growth at great speed.

Segmentation:
Globally spread dearotomised solvents market is segmented on the basis of type, application, end-use industry and geography. Based on type the market is spilt into low flash point, medium flash point and high flash point. Depending upon application the market is distributed as adhesive & sealants, consumer products, drilling fluids, industrial cleaning, metal working, paints, coating & inks and others. According to end-use industry market is segregated as automotive & transportation, chemical, electronics & electrical, food & beverage, pharmaceutical, plastic and others.

Regional analysis:
Considering the global Scenario the market for dearotomised solvents is analysed across four major regions: North America, Europe, Asia-Pacific, Latin America and The Middle East & Africa. Asia-Pacific accounted for the largest market share with highest consumption of dearotomised solvents. Emerging economies in the region specifically south Korea, Chinese and Indian Market is expected to record expeditious growth. The region is filled with paint & coating industry consists of decorative paints that are largely used for residential & commercial objectives. Industrial sector in Asia-Pacific broadly comprises railway, marine, automotive and others which is growing at steady space demand for de-aromatic fluids leading the market to grow continuously. Well established market like North America and Europe are likely to showcase comparatively sluggish growth.

Global Dearotomised Solvents Market Segmentation

By Type:

  • Low Flash Point
  • Medium Flash Point
  • High Flash Point

By Application:

  • Adhesives & Sealants
  • Consumer Products
  • Drilling Fluids
  • Industrial Cleaning
  • Metal Working
  • Paints, Coatings & Inks
  • Others

By End-Use Industry:

  • Automotive & Transportation
  • Chemical
  • Electronics & Electrical
  • Food & Beverage
  • Pharmaceutical
  • Plastic
  • Others

By Geography:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Turkey
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • New-Zealand
    • China
    • Rest of APAC
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Market Players:

  • Avani Petrochem Private Limited
  • Eastern Petroleum Private Limited
  • Exxonmobil
  • Gandhar Oil Refinery India Ltd
  • Idemitsu Kosan Co., Ltd.
  • ISU Exachem Co Ltd
  • Neste Oyj
  • Royal Dutch Shell Plc
  • SK Global Chemical Co Ltd.
  • Total SA

In-depth table of contents for this report @ https://bit.ly/2uKbMHg

Research ScopeThe study for Global Dearomatized Solvents Market will provide market size, estimates and forecast based on the following years:

Historic data: 2015Base Year Estimate: 2016Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1.Introduction
1.1 Market Definition
1.2. Market Scope

2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3 Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016