Report Ocean has recently released a comprehensive research report on the global Aliphatic Hydrocarbon Solvents & Thinners Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Aliphatic Hydrocarbon Solvents & Thinners Market is valued approximately at USD 3.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2021-2027.
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Solvents are organic additives that are added to paint after the manufacturing process and before packaging to keep all the paint’s components in a liquid / viscous state. Solvents are commonly liquids, but they may also be solids or gases. In the chemical, pharmaceutical, oil, and gas industry, solvents are used in chemical syntheses and purification processes, among numerous activities. Growing need of paint and coating in construction industry and growing demand of other wide applications drive the market growth in the upcoming years. For instance, under the smart cities programmes, the Indian government declared a USD 31,650 billion investment to construct 100 cities in 2018. Over the next five years, 100 smart cities and 500 cities are expected to generate investments worth INR 2 trillion (USD 28.18 billion), enabling aliphatic hydrocarbon solvents and thinners to be used in paints and coatings. However, manufacturers switching to green solvents may impede market growth over the forecast period of 2021-2027.
Asia Pacific is expected to be the largest market for aliphatic hydrocarbon solvents and thinners market. The primary users of aliphatic hydrocarbon solvents and thinners in this region are China, India, Japan, and South Korea. Growing urbanization, increasing in middle class population income of the region has led to increasing demand for residential and commercial building in Asia Pacific, thereby contributing to the growth of the aliphatic hydrocarbon solvents & thinners market in this region.
Major market player included in this report are:
SK Global Chemical Co., Ltd.
ExxonMobil Chemical, Inc.
Royal Dutch Shell Plc.
Calumet Specialty Products Partners, L.P.
Gotham Industries
Gulf Chemicals and Industrial Oils Co.,
Pure Chemicals Co.
Heritage Crystal Clean
Kandla Energy & Chemical Limited
RB Products, Inc
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Varnish Makers & Painters Naphtha
Mineral Spirits
Hexane
Heptane
Others
By Application:
Paints & Coatings
Cleaning & Degreasing
Adhesives
Aerosols
Rubbers & polymers
Printing inks
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Aliphatic Hydrocarbon Solvents & Thinners market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Aliphatic Hydrocarbon Solvents & Thinners industry?
- What are the major challenges that the Aliphatic Hydrocarbon Solvents & Thinners Market may face in the future?
- Who are the leading companies in the Aliphatic Hydrocarbon Solvents & Thinners Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Aliphatic Hydrocarbon Solvents & Thinners Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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