The India De Aromatic Solvents Market, estimated at USD 0.19 Mn in 2025, is expected to exhibit a CAGR of 6.1% and reach USD 0.3 Mn by 2032.
The market growth is driven by rising demand for innovative and efficient solutions, coupled with evolving consumer preferences and increasing adoption across diverse end-use sectors. Technological advancements, product innovations, and strategic investments are enhancing performance, improving cost efficiency, and expanding application scope. Additionally, supportive regulatory frameworks and sustainability-focused initiatives are further propelling market expansion, creating new opportunities for industry stakeholders.
Driver
- Rising demand of de-aromatic solvent from metalworking applications
The rising demand of de-aromatic solvent from metalworking applications is expected to foster market growth of India's de-aromatized solvents. De-aromatized solvents are used as a high flash point grade solvents and non-corrosive agent as these can withstand a high degree of temperature. Increasing urbanization and industrialization in India are raising demand for metalworking fluids for the construction of large scale projects. This is further anticipated to accelerate the market growth of India's de-aromatized solvents over the forecast period.
Market Opportunities
- Growing adhesives and sealant industry in India
Growing adhesives and sealant industry in India due to rising investment by the manufacturer is expected to provide enormous growth opportunity over the forecast period to the India's de-aromatized solvents. For instance, in February 2025, Henkel Adhesives Technology has invested around 50 million Euros (Rs 4852160 INR) on its new manufacturing facility in Kurkumbh near Pune. The company said that it will invest another 50 million more in the next five years in the same unit and on other projects in India.
Market Restraints
- Volatile prices of raw materials used for manufacturing of de-aromatized hydrocarbon solvents