Aliphatic Hydrocarbon Solvents and Thinners Market was valued at USD 2.28 billion in 2021 and is expected to grow at a CAGR of 11% between 2022 and 2028. 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 2028 due to its increased presence across the paint sector.
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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 Aliphatic Hydrocarbon Solvents and Thinners Market 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 and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Aliphatic Hydrocarbon Solvents and Thinners Market Report
1. What was the Aliphatic Hydrocarbon Solvents and Thinners Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Aliphatic Hydrocarbon Solvents and Thinners Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Aliphatic Hydrocarbon Solvents and Thinners Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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