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Global Market Study on De-aromatic Solvents: Increasing Demand from Paints and Coatings, Metal Working Industries to Drive the Growth of Market During the Forecast Period 2016 – 2022

Report Description

This Persistence Market Research report examines the global de-aromatic solvents market for the forecast period 2016 - 2022. The primary objective of the report is to identify opportunities in the market and present updates and insights pertaining to various segments of the global de-aromatic solvents market.

De-aromatic solvents, also called dearomatized hydrocarbon solvents or ultra-low 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 (<2%). De-aromatic solvents are of three types, namely low flash point, medium flash point, and high flash point. These dearomatized hydrocarbon solvents find application across various industries and are used as solvents for printing inks, paints & coatings, metalworking fluids, industrial and institutional cleaning, adhesives and sealants, drilling fluids, and in consumer products. They are effective alternatives to conventional solvents such as mineral spirits and mineral turpentine.   

To understand and assess opportunities in this market, the report is categorically divided into four key sections on the basis of boiling point, flash point, application, and region. The report analyses the global de-aromatic solvents market in terms of value (US$ Mn) and volume (metric tons).

The report begins with an overview of the global de-aromatic solvents market, appraising market performance in terms of revenue and volume, followed by PMR’s analysis of key trends, drivers, and restraints witnessed in the global market. Impact analysis of the key growth drivers and restraints based on the weighted average model is also included in the report to equip the client with crystal-clear, decision-making insights.

The subsequent section analyzes the de-aromatic solvents market on the basis of applications and presents a forecast for 2016-2022.

Flash points assessed in the report are:

  • High flash point
  • Medium flash point
  • High flash point

Boiling point types accessed in the report are:

  • Type 1 (1500C-2000C)
  • Type 2 (2000C-2400C)
  • Type 3 (>2400C)

Applications assessed in the report are:

  • Paints and coatings
  • Metal working
  • Industrial cleaning
  • Drilling fluids
  • Adhesives and sealants
  • Consumer products
  • Others (crop protection, chemical intermediates)

The report further analyses the market based on flash point and presents the forecast in terms of value and volume for the next six years.The next section of the report analyses the global de-aromatic solvents market on the basis of boiling point and presents the forecast for the next six years. The following section includes analysis of the global de-aromatic solvents market on the basis of application and forecast in terms of value and volume for the next six years. The report further analyzes the market based on regions and presents the forecast for the next six years.

Regions assessed in the report are:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

To calculate the market size, the report considers various aspects based on secondary research. Furthermore, data points such as regional split and market split by application and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the global revenue generated by sales of de-aromatic solvents.

While developing the market forecast, the report begins by sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, PMR triangulates the data via a different analysis based on the supply side, demand side, and dynamics of the de-aromatic solvents market. However, quantifying the market across the above-mentioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities.

Another key feature of this report is the analysis of the de-aromatic solvents market by region, boiling points, flash point, and application, and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales perspective of the global de-aromatic solvents market. 

To understand key segments in terms of their growth and performance in the de-aromatic solvents market, Persistence Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global de-aromatic solvents market.

In the final section of the report, de-aromatic solvents market competitive landscape is included to provide a dashboard view of companies that manufacture and supply de-aromatic solvents. The report contains company profiles of some of the key players in the global de-aromatic solvents market.

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