De-Aromatic Solvents Market Outlook for Forecast Period (2024 to 2032) | IMR


The global market for De-Aromatic Solvents estimated at USD 5.27 Billion in the year 2023, is anticipated to reach USD 10.4 billion by 2032, growing at a CAGR of 7.84% over the period 2024-2032.

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De-aromatic solvents, or de-aromatized solvents, are essential in various industries because of their wide range of uses. In the world of paints, coatings, and varnishes, these solvents help control viscosity, assist in smoother application, and regulate drying times to enhance film formation. Their flexibility also applies to adhesives and sealants, allowing them to modify viscosity, improve adhesion, and adjust application characteristics. These solvents are utilized in industrial environments for cleaning, effectively degreasing components, and eliminating impurities while performing equipment upkeep.

Additionally, they are useful for printing inks, assisting with ink formulation by controlling viscosity, improving print quality, and adjusting drying times. De-aromatized solvents play a vital role in the agricultural industry by helping produce agrochemicals, facilitating formulation processes, and maintaining specific chemical properties in pesticides and herbicides. Some versions are used in medications and cosmetics such as moisturizers and ointments.

Key Players for the Digital Camera Market

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

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De-Aromatic Solvents Market Trend Analysis:

The increasing demand for greener, safer solvents is a key factor driving the growth of the de-aromatic solvent industry. Industries across various sectors are actively seeking alternatives to traditional aromatic solvents because of increased worries about safety in the workplace and the environment. De-aromatized solvents prove to be an effective solution by significantly lowering toxicity levels and volatile organic compounds (VOCs), in accordance with strict regulations aimed at reducing environmental damage.

Segmentation Analysis of Digital Camera Market

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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De-Aromatic Solvents Market Regional Insights:

Pivotal factors lead the Asia-Pacific region to dominate the global de-aromatic solvents market. This control originates from the strong industrial presence in countries such as China, India, Japan, and South Korea within the region. Their quick growth in cities, expansion of industries, and development of infrastructure all contribute to a high demand for these solvents, particularly in the production of paints, coatings, adhesives, and cleaning products.

In addition, the Asia Pacific region has a significant manufacturing foundation, making it a center for industries that depend greatly on de-aromatic solvents. Solvent consumption is heightened by a variety of industries such as automotive, construction, and electronics. Additionally, increased attention to environmental regulations and sustainability in the region drives the movement towards safer, eco-friendly solvent alternatives. De-aromatic solvents, known for their lower environmental impact and improved safety features, meet regulatory requirements and are driving up demand in the Asia Pacific region.

By Region

         North America (US, Canada, Mexico)

         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

         South America (Brazil, Argentina, Rest of SA)

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