Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

De-aromatic Solvents Market 2017–2027

De-aromatic solvents also referred to as de-aromatized hydrocarbon solvents and are an effective alternative to conventional solvents. They have a wide range of application across paints & coatings, industrial and institutional cleaning, metalworking fluids, solvents for printing inks, drilling fluids, adhesives and sealants, and consumer products. De-aromatic solvents are odorless and have low VOC content and is comparatively less toxic to conventional solvents. Therefore, these solvents are much safer than traditional solvents such as chlorinated solvents and are consider as eco-friendly products that have a less environmental impact.

The global de-aromatic solvents market is projected to reach around US$ 2.9 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2019-2027).

Drivers

Growing replacement of traditional solvents with de-aromatic solvents due to its less VOC content and toxicity is propelling the market growth of de-aromatic solvents. The de-aromatic solvent are odorless with lower VOC content and toxicity than traditional solvents is accelerating their demand around the globe. Therefore, rising awareness regarding the negative environmental impact of solvents is fueling the market growth of de-aromatic solvents over the forecast timeframe.

Increasing implementation of strict rules and regulations associated with VOC is expected to foster the market growth of de-aromatic solvents over the forecast period. According to the Coherent Market Insights, the European Union and the U.S. have framed policies for solvent usage to curb the emission of VOCs that are released into the atmosphere. These policies focus on minimizing the use of conventional solvents and encourage usage of alternative eco-friendly products. Such strict policies have compelled end-users to switch to dearomatized solvents — products that have relatively low levels of VOCs. Thereby propelling the market growth of de-aromatic solvents.

On basis of the region, Asia pacific region dominated the global de-aromatic solvents market in 2018, accounting for 40% share in terms of volume, followed by Europe and North America, respectively.

De-aromatic Solvents  | Coherent Market Insights

Market Restraints

Fluctuating prices of feedstock for de-aromatized hydrocarbon solvents is projected to restrict the market growth over the forecast period. Naphtha is a key raw material that is used to produce de-aromatized hydrocarbon solvents and naphtha is derived from crude oil and prices of these petroleum-based de-aromatized hydrocarbon solvents tend to be volatile, as they are influenced by fluctuating crude oil prices. This factor is expected to impact the market growth of de-aromatized solvents negatively over the forecast timeframe.

Growing demand for green product that are produced from bio-based raw materials is expected to hinder the market growth of de-aromatic solvents. Moreover, According to the Coherent Market Insights, demand for greener alternatives, bio-based solvents market is slated to register a steady CAGR of around 6–7% over the forecast period. Another major factor that is projected to restrict the growth of the de-aromatized solvents market is the growing adoption of water-based paints & coatings. Therefore, the aforementioned factors are expected to hinder the market growth of de-aromatic solvents.

Market Opportunities

The growing market of adhesives and sealants is expected to offer enormous growth opportunity to the market growth of de-aromatized solvents. According to the Coatings World, the U.S. demand for adhesives and sealants is expected to reach nearly US$ 13 billion in 2019 and this can be attributed to growing construction activity, combined with the increasing use of adhesives and sealants in manufacturing and assembly will underpin demand gains. This factor is expected to propel the market growth of de-aromatic solvents.

Booming chemical industry, especially in the Asia Pacific region, will favor the market growth of de-aromatic solvents over the forecast period. According to the Invest India, Total production of major chemicals and petrochemicals stood at 27,847 MT during 2018-2019, a growth of 4.15% over 2017-18. The petrochemical demand is expected to grow at 7.5% CAGR from 2019-23, with polymer demand growing at 8%. Therefore, the growing chemical industry is expected to foster the market growth of de-aromatic solvents in the near future. 

Figure 2. Global De-aromatic solvents Market– Opportunity Analysis

De-aromatic Solvents  | Coherent Market Insights

Market Trends

The growing focus of manufacturers to expand the production capacity of de-aromatic solvents is expected to foster market growth over the forecast period. For instance, in December 2015, Royal Dutch Shell plc., announced plans to expand its refinery at Pernis, Netherlands, through the addition of a new solvent deasphalting unit for removal of heavy fractions from crude oil. Growing initiatives by the manufacturer to increase production capacity will stimulate market growth.

Expanding steel industry is expected to augment the market growth of de-aromatize solvents. According to the Blackstone Advanced Technologies, LLC, globally, the sheet metal market is expanding at a continuous average growth rate of 4.09% and this growth is projected from 2018 to 2022. Therefore, the rising production of steel around the globe is expected to propel the market growth of de-aromatize solvents over the forecast timeframe.

Figure 3. Global De-aromatic solvents Market, Revenue Share (%), By Form, in 2018

De-aromatic Solvents  | Coherent Market Insights

On the basis of flash point de-aromatic solvents, in 2018, medium flash point has accounted the largest market share of 48% in terms of value, followed by high flash point and low flash point de-aromatic solvents respectively.

Figure 4. Global De-aromatic solvents Market – Value Chain Analysis

De-aromatic Solvents  | Coherent Market Insights

Competitive Section

Key players operating in global de-aromatic solvents are Exxon Mobil Corporation, Royal Dutch Shell plc., Total S.A., Idemitsu Kosan Co., Ltd., Neste Oyj, Calumet Specialty Products Partners, L.P., CEPSA, Gandhar Oil Refinery India Ltd., SK Global Chemical Co., Ltd., DHC Solvent Chemie GmbH

Few Recent Developments

Royal Dutch Shell plc

  • In December 2015, Royal Dutch Shell plc, announced plans to expand its refinery at Pernis, Netherlands, through the addition of a new solvent deasphalter unit for removal of heavy fractions from crude oil

De-aromatic solvents belongs to the class of hydrocarbon solvents which are categorized by iso-paraffinic, paraffinic and naphthetic components with low aromatic property. The de-aromatic solvents are safe, eco-friendly, due to its less Volatile organic compounds (VOC) and less toxic nature.

Market Dynamics

The global de-aromatic solvents market has witnessed significant growth in recent past years, owing to the increasing use of de-aromatic solvents in various applications. On the basis of applications, de-aromatic solvent finds its application in paint & coating, metal working, drilling fluids, consumer products. Paint & coating sector is estimated to foster the market growth, owing to the rising awareness regarding the negative environmental impact of traditional solvents.

On the basis of flash points, the de-aromatic solvents are divided into high, medium and low flash points. Among these segments, the medium flash point dominated the global de-aromatic solvent market in the year of 2018, owing to the growing demand for safe, eco-friendly and effective products among consumers. Moreover, the rising demand for higher flash point from the metal working industry is expected to boost the market growth of de-aromatic solvents in forecast period.

Furthermore, the Asia Pacific was the dominant region in the global de-aromatic solvents market in 2018, owing to the growing concerns among consumers regarding the risks of using conventional aromatic solvents. As a result, this scenario is estimated to foster the growth of global de-aromatic solvents market in forecast timeframe.

Key features of the study:

  • This report provides in-depth analysis of the global de-aromatic solvents market, market size (US$ Billion and Metric Tons), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, gift card products, regional outlook, and competitive strategy adopted by the leading players.
  • Key companies covered as a part of this study includes Exxon Mobil Corporation, Royal Dutch Shell plc, Total S.A., Idemitsu Kosan Co., Ltd., Neste Oyj, Calumet Specialty Products Partners, L.P., CEPSA, Gandhar Oil Refinery India Ltd., SK Global Chemical Co. Ltd., DHC Solvent Chemie GmbH. It profiles leading players in the global de-aromatic solvents market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
  • The global de-aromatic solvents market report caters to various stakeholders in this industry, including investors, product developers, distributors, gift card companies, research institutes, new entrants, and financial analysts.
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global de-aromatic solvents market.

Detailed Segmentation:

  • Global De-aromatic Solvants, By Application:
    • Paints & Coatings 
    • Metal Working
    • Industrial Cleaning
    • Adhesives & Sealants
    • Drilling Fluids
    • Consumer Products
    • Others (Chemical Intermediates, crop protection, etc.)
  • Global De-aromatic Solvants, By Flash Point:
    • Low Flash Point (<410C)
    • Medium Flash Point (410C – 800C)
    • High Flash Point (>800C)
  • Global De-aromatic Solvants, By Boiling Point:
    • Type 1(1500C–2000C)
    • Type 2(2000C–2400C)
    • Type 3(2400C)
  • Global De-aromatic Solvants, By Geography:
    • North America
      • U.S.
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Canada
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
    • Europe
      • U.K.
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Germany
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Italy
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • France
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Spain
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Nordic
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Benelux
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Russia
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Poland
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Rest of Europe
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
    • Asia Pacific
      • China
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • India
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Japan
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • ASEAN
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Australia & New Zealand
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Rest of Asia Pacific
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
    • Latin America
      • Brazil
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Mexico
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Rest of Latin America
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
    • Middle East & Africa
      • GCC
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • South Africa
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
      • Rest of Middle East & Africa
        • By Application:
          • Paints & Coatings 
          • Metal Working
          • Industrial Cleaning
          • Adhesives & Sealants
          • Drilling Fluids
          • Consumer Products
          • Others (Chemical Intermediates, crop protection, etc.)
        • By Flash point:
          • Low Flash Point (<410C)
          • Medium Flash Point (410C – 800C)
          • High Flash Point (>800C)
        • By Boiling point:
          • Type 1(1500C–2000C)
          • Type 2(2000C–2400C)
          • Type 3(2400C)
  • Company Profiles
    • Exxon Mobil Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Royal Dutch Shell plc
    • Total S.A
    • Idemitsu Kosan Co. Ltd.
    • Neste Oyj
    • Calumet Specialty Products Partners, L.P.
    • CEPSA 
    • Gandhar Oil Refinery India Ltd.
    • SK Global Chemical Co. Ltd.
    • DHC Solvent Chemie GmbH

“*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Flash Point
      • Market Snippet, By Boiling Point
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global De-aromatic Solvents Market, By Application, 2017 - 2027 (US$ Billion and Metric Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Paints & Coatings 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Metal Working
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Industrial Cleaning
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Adhesives & Sealants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Drilling Fluids
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Consumer Products
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Others (Chemical Intermediates, crop protection, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
  5. Global De-aromatic Solvents Market, By Flash point, 2017 - 2027 (US$ Billion and Metric Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Low Flash Point (<410C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and thousand Tons)
    • Medium Flash Point (410C – 800C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • High Flash Point (>800C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
  6. Global De-aromatic Solvents Market, By Boiling Point, 2017 - 2027 (US$ Billion and Metric Tons)
    • Type 1(1500C–2000C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Type 2(2000C–2400C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
    • Type 3(2400C)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Metric Tons)
  7. Global De-aromatic Solvents Market, By Region, 2017- 2027 (US$ Billion and Metric Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Australia & New Zealand
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application , 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Flash Point, 2017- 2027 (US$ Billion and Metric Tons)
          • Market Size and Forecast, By Boiling Point, 2017- 2027 (US$ Billion and Metric Tons)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Exxon Mobil Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Dutch Shell plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Total S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •   Idemitsu Kosan Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Neste Oyj
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Calumet Specialty Products Partners, L.P
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • CEPSA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Gandhar Oil Refinery India Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • SK Global Chemical Co. Ltd.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • DHC Solvent Chemie GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global De-aromatic Solvents Market” – global forecast to 2027

Frequently Asked Questions

The global de-aromatic solvents market is estimated to reach around US$ 2.9 Billion by the end of 2027, in terms of revenue.
Major players operating in the global de-aromatic solvents market include Exxon Mobil Corporation, Royal Dutch Shell plc., Total S.A., Idemitsu Kosan Co., Ltd., Neste Oyj, Calumet Specialty Products Partners, L.P., CEPSA, Gandhar Oil Refinery India Ltd., SK Global Chemical Co., Ltd., and DHC Solvent Chemie GmbH.
Fluctuating prices of feedstock for de-aromatized hydrocarbon solvents is one of the major factors that is expected to hamper growth of the market over the forecast period.
Growing replacement of traditional solvents with de-aromatic solvents due to its less VOC content and toxicity is one of the major factors that is expected to propel growth of the market over the forecast period.
The global de-aromatic solvents market is estimated to exhibit a CAGR of 5.9% during the forecast period (2019-2027).
Among regions, Asia Pacific held a dominant position in the global de-aromatic solvents market in 2018, accounting for 40% share, in terms of volume, followed by Europe and North America, respectively.
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