Global Aliphatic Solvents and Thinners Market, By Type (Varnish Makers’ and Painters’ Naphtha, Mineral Spirit, Hexane and Others), Application (Paints and Coatings, Cleaning and Degreasing, Adhesives, Aerosols, Rubber and Polymers, Printing Inks and Others), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aliphatic Solvents and Thinners Market
The aliphatic solvents and thinners market is expected to witness market growth at a rate of 5.2% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aliphatic solvents and thinners market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the aviation sector is escalating the growth of aliphatic solvents and thinners market.
Aliphatic solvents and thinners are known to be a kind of aliphatic compounds which do not include a benzene ring and are fundamentally a mixture of cyclic paraffin and normal-paraffin. They contain joints of hydrogen and carbon in straight chains, branched trains or even non-aromatic rings.
Major factors that are expected to boost the growth in the aliphatic solvents and thinners market in the forecast period are the substitution of turpentine with mineral spirits. Furthermore, the rise in the paints and coatings industry is further anticipated to propel the growth of the aliphatic solvents and thinners market. Moreover, the increasing need in several advancing countries is further estimated to cushion the growth of the aliphatic solvents and thinners market. On the other hand, the producers are switching to green solvents which is further projected to impede the growth of the aliphatic solvents and thinners market in the timeline period.
In addition, the development prospects from advancing countries will further provide potential opportunities for the growth of the aliphatic solvents and thinners market in the coming years. However, the environmental regulations might further challenge the growth of the aliphatic solvents and thinners market in the near future.
This aliphatic solvents and thinners market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aliphatic solvents and thinners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aliphatic Solvents and Thinners Market Scope and Market Size
The aliphatic solvents and thinners market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the aliphatic solvents and thinners market is segmented into varnish makers’ and painters’ naphtha, mineral spirit, hexane and others. Others is further sub segmented into parrafinic solvent, pentane and solvent 140.
- On the basis of application, the aliphatic solvents and thinners market is segmented into paints and coatings, cleaning and degreasing, adhesives, aerosols, rubber and polymers, printing inks and others. Others is further sub segmented into agrochemicals, pharmaceuticals and automotive.
Aliphatic Solvents and Thinners Market Country Level Analysis
The aliphatic solvents and thinners market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the aliphatic solvents and thinners market report market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.
Asia-Pacific dominates the aliphatic solvents and thinners market due to rise in the automotive sales. Furthermore, the increase in the population will further boost the growth of the aliphatic solvents and thinners market in the region during the forecast period. North America is projected to observe significant amount of the rise in the paint coating industry. Moreover, the occurrence of major key players is further anticipated to propel the growth of the aliphatic solvents and thinners market in the region in the coming years.
The country section of the aliphatic solvents and thinners market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aliphatic Solvents and Thinners Market Share Analysis
The aliphatic solvents and thinners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aliphatic solvents and thinners market.
The major players covered in the aliphatic solvents and thinners market report are DuPont, ExxonMobil Chemical Company, Eastman Chemical Company, Dow, Evonik Industries AG, Lawter Capital B.V., Mitsubishi Chemical Corporation, Ashland, Georgia-Pacific Chemicals L.L.C., Yparex B.V., Resinall Corp, LD Davis, Resins & Plastics Limited, National Adhesives & Polymers, Polygon Adhesives & Resins Pvt.Ltd., STAR SPECIALTIES POLYMERS PVT. L.T.D., SATYEN POLYMERS PVT. LTD., Mechemco and Alchemie Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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