Global Aliphatic Hydrocarbon Solvents and Thinners Market 2017-2021

Overview of the global aliphatic hydrocarbon solvents and thinners market

Aliphatic hydrocarbon solvents and thinners are used by various industries in different applications as refrigerants, propellants, dry cleaning agents, lubricants, and chemical intermediates. Perfumes, paints, artificial flavors, adhesives, tobacco, and candles are some of the products derived from aliphatic hydrocarbon solvents and thinners. This increased applications of these solvents and thinners will be one of the major factors that will have a positive impact on the growth of the aliphatic hydrocarbon solvents and thinners market, which according to Technavio's market research analysts will grow at a CAGR of around 3% by 2021.

In terms of geography, APAC accounted for the highest revenue share of this market in 2016. The region has the presence of a large number of chemical, paint, coating, and pharmaceutical industries. The increasing construction activities in countries such as China that influences the demand for solvents will be a major factor fueling the demand for aliphatic hydrocarbon solvents and thinners in the region. Additionally, the presence of lenient government regulations for the usage of aliphatic hydrocarbon solvents and thinners that attracts vendors towards the region, will also augment the growth of the naptha solvents market.

Competitive landscape and key vendors

The market has the presence of a considerable number of vendors. The competition among the players in the aromatic solvents market is intense and the market is witnessing the emergence of environmental-friendly solvents. The players in the naptha solvents market are increasingly focusing on developing solvents with minimum side effects to the environment. 

The leading vendors in the market are -

• Exxon Mobil
• SK global chemical
• Shell
• Calumet Specialty Products Partners
• Gotham Industries

The other prominent vendors in the market are Aned, Gadiv Petrochemical Industries, Ganga Rasayanie, Gulf Chemicals and Industrial Oils Company, Haltermann Carless, Kandla Energy & Chemicals, MK Aromatics, NOCO, Phillips 66 Company, RB PRODUCTS, Recochem, and W.M. Barr.

Segmentation by application and analysis of the aliphatic hydrocarbon solvents and thinners market

• Paints and coatings
• Commercial and domestic cleaning
• Pharmaceutical
• Polymer and rubber
• Adhesives

During 2016, the paints and coatings segment accounted for the major shares of the aromatic solvents market. Aliphatic hydrocarbon solvents are mainly used in applications such as cleaning and thinning and removal of paints. The increasing construction projects in the developing countries that will propel the demand for paint and coatings will be a major factor propelling the growth of the naptha solvents market in this segment.

Segmentation by product type and analysis of the aliphatic hydrocarbon solvents and thinners market

• Varnish makers? and painters? naphtha
• Minerals spirits
• Hexane

The varnish makers and painters? naphtha segment will account for the major shares of the aromatic solvents market throughout the next four years. This naphtha is widely used as cleaning fluids and diluting agents in asphalt, paints, and varnishes. Moreover, it is also used by the rubber industry as a rubber solvent and in dry cleaning purposes.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global aliphatic hydrocarbon solvents and thinners market?
• What are the key market trends impacting the growth of the global aliphatic hydrocarbon solvents and thinners market?
• What are the challenges to market growth?
• Who are the key vendors in the global aliphatic hydrocarbon solvents and thinners market?
• What are the market opportunities and threats faced by the vendors in the global aliphatic hydrocarbon solvents and thinners market?
• Trending factors influencing the market shares of the APAC, Europe, MEA, North America, and South America.
• What are the key outcomes of the five forces analysis of the global aliphatic hydrocarbon solvents and thinners market?

Technavio also offers customization on reports based on specific client requirement.

Aliphatic hydrocarbon solvents are mixtures of branched chain (iso-paraffin), saturated, long straight chain (normal-paraffin), or cyclic paraffins, which come under the category of aliphatic compounds. A thorough data collection methodology is followed by our market research reports for the chemicals and materials and offer an analysis of fast growing market segments like specialty chemicals. This upcoming industry research report on the global aliphatic hydrocarbon solvents and thinners market offers insights into the key trends and developing drivers influencing the growth of the specialty chemicals industry.

Our market research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various specialty chemicals products and services and offers an all-inclusive picture of the global aliphatic hydrocarbon solvents and thinners market for the estimated period of 2017-2021.

This upcoming market research report on the global aliphatic hydrocarbon solvents and thinners market also covers vendors like Gulf Chemical Industries, CPC Corporation, Hunt Refining Company, RecoChem, W.M. Barr & Company, NOCO Energy Corp, Ashland Inc, Dow Chemicals, ExxonMobil Chemical, SK Global Chemical Co, Royal Dutch Shell Plc, and Calumet Specialty Products Partners. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global film capacitor market also covers geographies like the Americas, APAC, ROW, and Europe.

The upcoming industry report on the global aliphatic hydrocarbon solvents and thinners market also offers insights into fast-growing segments within the specialty chemicals industry, including sectors like plastics, polymers, and elastomers and metals and minerals. Furthermore, this report also presents visions into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.

Our market research methodology for the aliphatic hydrocarbon solvents and thinners market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.