Global De-Aromatic Solvents Market Growth 2023-2029

Global De-Aromatic Solvents Market Growth 2023-2029

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).
LPI (LP Information)' newest research report, the “De-Aromatic Solvents Industry Forecast” looks at past sales and reviews total world De-Aromatic Solvents sales in 2022, providing a comprehensive analysis by region and market sector of projected De-Aromatic Solvents sales for 2023 through 2029. With De-Aromatic Solvents sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world De-Aromatic Solvents industry.
This Insight Report provides a comprehensive analysis of the global De-Aromatic Solvents landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on De-Aromatic Solvents portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global De-Aromatic Solvents market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for De-Aromatic Solvents and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global De-Aromatic Solvents.
The global De-Aromatic Solvents market size is projected to grow from US$ 1242.4 million in 2022 to US$ 1475.8 million in 2029; it is expected to grow at a CAGR of 1475.8 from 2023 to 2029.
Global De-Aromatic Solvents key players include Exxon Mobil, Royal Dutch Shell, Mehta Petro Refineries, Sasol, SK, etc. China is the largest market, with a share about 40%, followed by Europe and North America, both with a share about 20 percent. In terms of product, Medium Flash Point is the largest segment, with a share about 60%. And in terms of application, the largest application is Paints & Coatings, followed by Metal Working, Industrial Cleaning, Consumer Products, Adhesives & Sealants, Drilling Fluids, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of De-Aromatic Solvents market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low-flash Point
Mid-flash Point
High flash Point
Segmentation by application
Paints and Coatings
Metal Processing
Industrial Cleaning
Consumer Products
Drilling Fluid
Adhesives and Sealants
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Exxon Mobil
Royal Dutch Shell
Mehta Petro Refineries
Sasol
SK
Cepsa
Gandhar Oil Refinery
Neste Oyj
China Petrochemical Corporation
China National Petroleum Corporation
LuoYang JinDa Petrochemistry Industry
MAOMINGPETRO-CHEMICALSHIHUA
Key Questions Addressed in this Report
What is the 10-year outlook for the global De-Aromatic Solvents market?
What factors are driving De-Aromatic Solvents market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do De-Aromatic Solvents market opportunities vary by end market size?
How does De-Aromatic Solvents break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.