Global De-Aromatic Solvents Market, Size, Share, Industry, Trends, Scope, Growth, Competitive Analysis, and Forecast for

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Market size is expected to grow from USD 1.5 Billion in 2022 to USD 2.12 Billion by 2030, at a CAGR of 4.4% during the forecast period (2023–2030).

Global De-Aromatic Solvents Market The global de-aromatic solvents market refers to the industry segment involved in producing and supplying solvents that have undergone a process to remove or reduce aromatic compounds. These solvents find widespread use in various applications across industries such as paints and coatings, adhesives, printing inks, cleaning agents, and pharmaceuticals. The market for de-aromatic solvents is influenced by several factors, including regulatory trends, technological advancements, environmental concerns, and the demand for safer and more sustainable alternatives to traditional aromatic solvents.

The de-aromatic solvents market is a significant part of the broader solvents industry, catering to diverse industrial and commercial needs. These solvents are characterized by their low aromatic content, which makes them less toxic and volatile compared to aromatic solvents like benzene, toluene, and xylene. De-aromatic solvents are typically derived from petroleum or renewable sources and undergo refining processes to remove aromatic hydrocarbons, making them suitable for applications where low toxicity, low odor, and high solvency are desired.

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The regional availability of key players in the Global De-Aromatic Solvents Market includes the following.

Exxonmobil (USA)

o   Calumet Specialty Products Partners, L.P. (USA)

o   Shell (Netherlands)

o   Neste (Finland)

o   DHC Solvent Chemie Gmbh (Germany)

o   Cepsa (Spain)

o   China Petrochemical Corporation (China)

o   China National Petroleum Corporation (China)

o   Luoyang Jinda Petrochemistry Industry (China)

o   Maomingpetro-Chemicalshihua (China)

o   Sinopec (China)

o   Petrochina (China)

o   Idemitsu Kosan Co., Ltd. (Japan)

o   Gandhar Oil Refinery Limited. (India)

o   Raj Petro Specialities Pvt. Ltd. (India)

o   Eastern Petroleum Pvt. Ltd. (India)

o   Avani Petrochem Pvt. Ltd. (India)

o   Mehta Petro Refineries Ltd. (India)

o   Sk Energy (South Korea)

o   Sasol (South Africa), and other Major Players

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This Report Segments the Global De-Aromatic Solvents Market Are:

By Application

o   Paints, Coatings and Inks

o   Metal Working

o   Industrial Cleaning

o   Adhesives and Sealants

o   Drilling Fluids

o   Consumer Products

o   Others

By Flash Point

o   Low Flash Point

o   Medium Flash Point

o   High Flash Point

By Boiling Point

o   Type 1 (<1850C)

o   Type 2 (1850C–2400C)

o   Type 3 (>2400C)

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By Region

o   North America (U.S., Canada, Mexico)

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

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

o   Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

o   Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

o   South America (Brazil, Argentina, Rest of SA)

Scope of Global De-Aromatic Solvents Market:

Evaluate the current market size of de-aromatic solvents globally and regionally. Analyze historical data and forecast future growth rates based on demand drivers, industry trends, and economic factors.

·         Market Segmentation: Segment the market based on product types , applications end-users and geographic regions.

·         Usage and Applications: Examine the various applications of de-aromatic solvents across industries. Evaluate their specific uses, benefits, and performance characteristics in different applications such as solvent-based formulations, cleaning agents, and chemical synthesis.

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