Global Aliphatic Hydrocarbon Solvents Market Overview:
Aliphatic Hydrocarbon Solvents are the Solvents That Do Not Contain a Benzene Ring. They are Composed of Either Saturated, Long Straight Chain or Branched Chain or Cyclic Paraffins. These are Produced by the Distillation of Crude Oil by the Appropriate Boiling Point Range Fraction. These Solvents are Widely Used as Diluents the Paints & Thinners & as Carriers for Aerosols & Disinfectants. They Also Find Their Usage in Oil Extraction & Degreasing Some of the key players profiled in the study are ExxonMobil Chemical, Inc. (United States), Royal Dutch Shell Plc. (Netherlands), Haltermann Carless (Germany), Calumet Specialty Products Partners, L.P. (United States), Sigma-Aldrich Corporation (United States), Mitsubishi Shoji Chemical Corporation (Japan), Rb Products, Inc. (United States), Brenntag Canada, Inc. (Canada), Hammond Chemicals Limited (United Kingdom) and Barrettine Group (United Kingdom).
On the basis of geography, the market of Aliphatic Hydrocarbon Solvents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Purity, the sub-segment i.e. More Than 99.5 Percent will boost the Aliphatic Hydrocarbon Solvents market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Aliphatic Hydrocarbon Solvents market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growth in the Construction Industry Owing to Increased Investment in the Infrastructure Sector Coupled With the Rise in the Disposable Income of People
- Increased Adoption of Paints & Coatings Industry
Market Trend
- Surging Usage of Aliphatic Hydrocarbon Solvents in Different Industries
Restraints
- The Rising Awareness About Environmental-Friendly & Green Products as an Alternative to Aliphatic Hydrocarbon Solvents
Opportunities
- There is an Increased Opportunity for the Market Expansion, Owing To the Rise in the Utilization of Aliphatic Hydrocarbon Solvents in the Automotive Industry
- There are Growing Prospects for Growth of Aliphatic Hydrocarbon Solvents, Due to its Utilization in Rubber Industry
Challenges
- Market Presence of Substitutes May Pose a Challenge
The Market for the Aliphatic Hydrocarbon Solvents is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, In Order to Gain Share Within the Market. Owing to Booming Industrialization, there are Growing Prospects for the New Players to Enter the Market
Target Audience:
Manufacturers of Aliphatic Hydrocarbon Solvents, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Aliphatic Hydrocarbon Solvents market on the basis of product [Mineral Spirits, Varnish Makers’ & Painters’ Naphtha, Gasoline, Kerosene, Hexane and Others] , application [Paints & Coatings, Adhesives, Rubbers & Polymers, Ink and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Aliphatic Hydrocarbon Solvents market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Aliphatic Hydrocarbon Solvents industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Neste (Finland), MK Aromatics Limited (India), Gandhar Oil (India), Mehta Petro Refineries Limited (India) and Hi-tech Chemicals (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Aliphatic Hydrocarbon Solvents market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.