Aliphatic Hydrocarbon Solvents and Thinners Market was valued at USD 2.28 billion in 2020 and is expected to grow at a CAGR of 11% between 2021 and 2027. Aromatic hydrocarbon solvents and diluents are mainly used in diluents in paints&coatings as mixed solvents are used in this industry which is constantly changing, and this satisfies the increasing needs for improved performance. Aromatic hydrocarbon solvents and diluents are divided into polishes such as naphtha, hexane, mineral spirits, heptanes and others. Among these, varnish makers&painters(VM & P)naphtha’s market size is expected to grow with strong momentum by 2027 due to its increased presence across the paint sector.
Widely used in vegetable oil painting and art industry, but known release harmful vapors have a good smell. Mineral spirits are common aliphatic solvents that perform the same function as turpentine without releasing steam or odors. Turpentine is a stimulant of the human skin, eyes, mucous membranes and upper respiratory tract. It can also cause skin sensitivity and affect the central nervous system, gastrointestinal tract and urinary tract. These factors lead to the substitution of vegetable oils and mineral spirits or odorless mineral spirits, driving aromatic hydrocarbons for & Diluents on the market.
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Top Major Key Players Industries
Royal Dutch Shell
Hunt Refining Company
Recochem Inc
Phillips 66
Gadiv Petrochemical Industries Ltd
On type
Varnish Makers’ & Painters’ Naphtha
Mineral Spirits
Hexane
Heptane
Others (Paraffinic Solvent, Pentane, and Solvent 140)
On application
Paints & Coatings
Cleaning & Degreasing
Adhesives
Aerosols
Rubbers & polymers
Printing inks
Others (Agrochemicals, Pharmaceuticals, and Automotive)
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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