De-Aromatic Solvents Market, By Application (Paints & Coatings, Metal Working, Industrial Cleaning, Adhesives & Sealants, Drilling Fluids, Consumer Products, Others (Chemical Intermediates, crop protection, etc.)), By Flash Point (Low Flash Point (<410C), Medium Flash Point (410C – 800C), High Flash Point (>800C)), By Boiling Point (Type 1(1500C–2000C), Type 2(2000C–2400C), Type 3(2400C)). and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
De-aromatic solvents belongs to the class of hydrocarbon solvents which are categorized by iso-paraffinic, paraffinic and naphthetic components with low aromatic property. The de-aromatic solvents are safe, eco-friendly, due to its less Volatile organic compounds (VOC) and less toxic nature.
Market Dynamics
The global de-aromatic solvents market has witnessed significant growth in recent past years, owing to the increasing use of de-aromatic solvents in various applications. On the basis of applications, de-aromatic solvent finds its application in paint & coating, metal working, drilling fluids, consumer products. Paint & coating sector is estimated to foster the market growth, owing to the rising awareness regarding the negative environmental impact of traditional solvents.
On the basis of flash points, the de-aromatic solvents are divided into high, medium and low flash points. Among these segments, the medium flash point dominated the global de-aromatic solvent market in the year of 2018, owing to the growing demand for safe, eco-friendly and effective products among consumers. Moreover, the rising demand for higher flash point from the metal working industry is expected to boost the market growth of de-aromatic solvents in forecast period.
Furthermore, the Asia Pacific was the dominant region in the global de-aromatic solvents market in 2018, owing to the growing concerns among consumers regarding the risks of using conventional aromatic solvents. As a result, this scenario is estimated to foster the growth of global de-aromatic solvents market in forecast timeframe.
Key features of the study:
This report provides in-depth analysis of the global de-aromatic solvents market, market size (US$ Billion and Metric Tons), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, gift card products, regional outlook, and competitive strategy adopted by the leading players.
Key companies covered as a part of this study includes Exxon Mobil Corporation, Royal Dutch Shell plc, Total S.A., Idemitsu Kosan Co., Ltd., Neste Oyj, Calumet Specialty Products Partners, L.P., CEPSA, Gandhar Oil Refinery India Ltd., SK Global Chemical Co. Ltd., DHC Solvent Chemie GmbH. It profiles leading players in the global de-aromatic solvents market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
The global de-aromatic solvents market report caters to various stakeholders in this industry, including investors, product developers, distributors, gift card companies, research institutes, new entrants, and financial analysts.
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global de-aromatic solvents market.
Detailed Segmentation:
Global De-aromatic Solvants, By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
Global De-aromatic Solvants, By Flash Point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
Global De-aromatic Solvants, By Boiling Point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Global De-aromatic Solvants, By Geography:
North America
U.S.
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Canada
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Europe
U.K.
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Germany
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Italy
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
France
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Spain
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Nordic
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Benelux
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Russia
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Poland
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Rest of Europe
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Asia Pacific
China
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
India
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Japan
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
ASEAN
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Australia & New Zealand
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Rest of Asia Pacific
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Latin America
Brazil
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Mexico
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Rest of Latin America
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Middle East & Africa
GCC
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
South Africa
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Rest of Middle East & Africa
By Application:
Paints & Coatings
Metal Working
Industrial Cleaning
Adhesives & Sealants
Drilling Fluids
Consumer Products
Others (Chemical Intermediates, crop protection, etc.)
By Flash point:
Low Flash Point (<410C)
Medium Flash Point (410C – 800C)
High Flash Point (>800C)
By Boiling point:
Type 1(1500C–2000C)
Type 2(2000C–2400C)
Type 3(2400C)
Company Profiles
Exxon Mobil Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Royal Dutch Shell plc
Total S.A
Idemitsu Kosan Co. Ltd.
Neste Oyj
Calumet Specialty Products Partners, L.P.
CEPSA
Gandhar Oil Refinery India Ltd.
SK Global Chemical Co. Ltd.
DHC Solvent Chemie GmbH
“*” marked represents similar segmentation in other categories in the respective section
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