Global Aliphatic Solvents market is estimated to witness a growth rate of 4.9% over the forecast period due to Aliphatic solvents used extensively in the paints and coatings industry – according to ChemView Consulting’s Analyst.
As per the research conducted by ChemView Consulting, the global market for Aliphatic Solvents gas is anticipated to reach US$ 5.2 Bn by 2030 end; some of the critical factors driving the growth of the aliphatic solvents market are likely to be fueled by interest in initiatives such as car and construction since the solvents are used to remove grease and oil. The study delves into 20+ high-growing areas, offering specific insights into how Aliphatic Solvent’s growth may change over the coming decade.
Aliphatic Solvents Gases market is Market 2017-2030: Report Key Highlights:
- Detailed information on factors that will assist Global Aliphatic Solvents’ growth during the next eight years
- Assessment of the historical and current Global Aliphatic Solvents market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- The growth of the Global Cosmetic Ingredients across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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Key Takeaways: By Application: The growing need for paints and coatings, particularly in the building and construction, and automotive industries, is driving the worldwide aliphatic solvents market. Paints and coatings use around half of the aliphatic solvents used in their production. Aliphatic solvents dissolve or disperse many components used to form paints and coatings, such as binders, additives, pigments, and extenders. Aliphatic solvents are used in paints and coatings to improve adhesion, wettability, and corrosion resistance.
Key Takeaways: By Region: The primary growth drivers for increased consumption across China are extensive public and commercial infrastructural development and a thriving chemical manufacturing industry. The Chinese chemical sector was worth roughly US$ 1.5 trillion in sales.
The East Asian behemoth has contributed half of global chemical industry development since the turn of the decade, making it a perfect location. With the expanding magnitude of infrastructure projects boosting demand for the same, application throughout the paints and coatings sector is set to be at its peak.
Competition Summary: To remain competitive in the industry, key market players are investing in expanding their market footprint. Several vital players invest a fair share of their revenue in research and development to boost their product portfolio. Market participants focus on technological development and utilizing a product in several applications.
Key companies covered in the market study: Exxon Mobil Corp., SK Global Chemical Co., Ltd., Royal Dutch Shell Plc., Calumet Specialty Products Partners, L.P., Gotham Industries, Gulf Chemicals and Industrial Oils Co., Recochem Inc., HCS Group, W.M. Barr, Ganga Rasayanie Ltd, NOCO Energy Corporation, Gadiv Petrochemical Industries Ltd., Hunt Refining Company, Honeywell International Inc., BASF SE, and LyondellBasell Industries Holdings B.V., Total S.E., RB Products Inc., Ganga Rasayanie Private Limited, Pon Pure Chemicals Group, Carolina International Sales Company Inc., Gav Petrochemical Industries Ltd., HCS Group GmbH are anticipated to remain key players in the international business of the Global Aliphatic Solvents Market.
Global Aliphatic Solvents Gases Market 2022-2032: Segmentation
Segments Covered in Report
By Type:
- Varnishes
- Hexane
- Heptane
- Mineral Spirit
- Others
By Application:
- Paint & Coating
- Aerosol
- Cleaning and Degreasing
- Adhesives
- Rubbers and Polymers
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
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ChemView Consulting’s chemicals & materials domain provides unique, reliable, and in-depth analysis of the chemicals and materials business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes bulk, fine, specialty, petrochemicals, innovative materials, composites, and nanotechnology, focusing on “green alternatives,” recycling, and renewable technology advances. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for chemical manufacturers, research institutes, channel partners, and government agencies.
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