De-aromatic solvents, also known as dearomatized solvents, are hydrocarbons with low aromatic content. These solvents find applications across various industries due to their low toxicity, low odor, and favorable environmental characteristics. They are commonly used as cleaning agents, carrier fluids, and diluents in industries such as paints and coatings, adhesives, pharmaceuticals, and agrochemicals.
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Prominent companies influencing the De-Aromatic Solvents Market landscape include:
Exxonmobil (USA), Calumet Specialty Products Partners, L.P. (USA), Shell (Netherlands), Neste (Finland), DHC Solvent Chemie Gmbh (Germany), Cepsa (Spain), China Petrochemical Corporation (China), China National Petroleum Corporation (China), Luoyang Jinda Petrochemistry Industry (China), Maomingpetro-Chemicalshihua (China), Sinopec (China), Petrochina (China), Idemitsu Kosan Co., Ltd. (Japan), Gandhar Oil Refinery Limited. (India), Raj Petro Specialities Pvt. Ltd. (India), Eastern Petroleum Pvt. Ltd. (India), Avani Petrochem Pvt. Ltd. (India), Mehta Petro Refineries Ltd. (India), Sk Energy (South Korea), Sasol (South Africa), and other Major Players
Key Factors Driving the Market:
Environmental Regulations: Stringent environmental regulations promoting the use of low-VOC (volatile organic compound) and environmentally friendly solvents have driven the demand for de-aromatic solvents.
Health and Safety Concerns: De-aromatic solvents are often chosen for applications where exposure to toxic fumes and strong odors needs to be minimized, contributing to workplace safety and health.
Paints and Coatings Industry: The paints and coatings industry is a major consumer of de-aromatic solvents, where they are used as thinners, diluents, and carriers. The growth in construction and infrastructure projects globally influences the demand in this sector.
Regional insights regarding the De-Aromatic Solvents Market are primarily covered in the region-specific sections, including:
- North America
- South America
- Asia Pacific
- Middle East and Africa
- Europe
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Market Segmentation Analysis is a crucial component, categorizing the De-Aromatic Solvents Market based on type, product, end-user, and more, facilitating a precise market description.
Market Segmentation:
By Application
- Paints, Coatings and Inks
- Metal Working
- Industrial Cleaning
- Adhesives and Sealants
- Drilling Fluids
- Consumer Products
- Others
By Flash Point
- Low Flash Point
- Medium Flash Point
- High Flash Point
By Boiling Point
- Type 1 (1850C)
- Type 2 (1850C–2400C)
- Type 3 (2400C)
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- Competitive Analysis: Gain a comprehensive understanding of the evolving De-Aromatic Solvents Market competitive landscape to effectively adapt and strategize.
- Forward Perspective: Discover what is driving or inhibiting market growth from a forward-looking perspective.
- Product Segmentation: Identify key product segments and their growth potential to align your strategies with De-Aromatic Solvents Market trends.
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