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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?