Aliphatic Hydrocarbon Solvents and Thinners Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC216

Aliphatic hydrocarbon solvents and thinners are such chemicals which are mostly preferred in varnishes and paints and the most common use being mineral spirits which is also known as paint thinners. In addition to this, the rising growth in the global automotive and construction industries is one of the key factors said to further bolster the demand for aliphatic hydrocarbon solvents and thinners, thus driving the growth of the global aliphatic hydrocarbon solvents and thinners market in the foreseeable years. On the other hand, increasing growth of the construction industry has resulted in an increase in demand for aliphatic hydrocarbon solvents and thinners, thus fueling the growth of the market across the globe. The aliphatic hydrocarbon solvents and thinners market especially in Asia-Pacific and Latin America are anticipated to showcase and tender some lucratively sound opportunities owing to higher disposable incomes, increasing population, growing automotive and construction industry, increasing consumer spending capabilities and replacement of turpentine by mineral spirits among others.
 
Some of the major factors which are accelerating the growth of global aliphatic hydrocarbon solvents and thinners market include rise in demand for aliphatic hydrocarbon solvents and thinners in developing regions such as Asia-Pacific and Latin America. Moreover, replacement of turpentine by alternatives such as mineral spirits coupled with high growth in paint and coating industry is another factor fueling the growth of global aliphatic hydrocarbon solvents and thinners market. As far as regions are concerned, the Asia-Pacific aliphatic hydrocarbon solvents and thinners market is anticipated to witness significant growth at an impressive pace over the forecast period owing to up gradations in technology in countries like India and China. In addition, increasing levels of income along with changing lifestyles of consumers in developing economies of Asia-Pacific and Latin America are further expected to fuel the growth of the global aliphatic hydrocarbon solvents and thinners market.
 
The aliphatic hydrocarbon solvents and thinners market can be segmented on the basis of type, application industry and region. On the basis of type, the global aliphatic hydrocarbon solvents and thinners market can be segmented into mineral spirits, varnish makers & paints, solvent 140, paraffinic solvent and others. On the basis of application industry, the global aliphatic hydrocarbon solvents and thinners market can be segmented into pharmaceutical, paints & coatings, printing inks, adhesives, agricultural chemicals, rubber & polymer and others. On the basis of region, the global aliphatic hydrocarbon solvents and thinners market can be segmented into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific. The strong growth in Asia-Pacific is anticipated to be the key driving factor for the growth of the market. China is anticipated to account for the largest share and lead the overall demand for aliphatic hydrocarbon solvents and thinners owing to increasing industrial production over the last few years. The market in other developing countries such as Brazil, Russia, Poland, Indonesia, New Zealand, Argentina and India is also anticipated to grow rapidly throughout the forecast period.
 
Major players operating in the global aliphatic hydrocarbon solvents and thinners market are focusing on some key market strategies such as mergers and acquisitions to keep hold in the ever competitive market. 
 
Moreover, they are concentrating on collaborating with local players to increase their market reach as well as strengthen their goodwill in the global market. Some of the major players in the global aliphatic hydrocarbon solvents and thinners market include ExxonMobil, Gulf Chemicals & Industries, Shell Global and CPC Corporation among others.


Related Reports

Green And Bio Polyols Market (By Raw Materials - Natural Oils And Their Derivatives, Sucrose, Carbon Dioxide, Recycled Polymers; By Type - Polyether Polyols And Polyester Polyols; By Application - Pu Flexible Foam, Coatings, Adhesives, Sealants, & Elastomers, Pu Rigid Foam) - Global Industry Size, Share, Trends, And Forecast, 2018 - 2026

Introduction  Green and bio polyols are high quality bio-based polyols synthesized by using renewable materials such as tall oils or rapeseed. The major application of these polyols is the manufacture of rigid polyurethane foams for thermal insulation appl...

Polyolefin Catalyst Market ( By Types - Polypropylene, Polyethylene; By Application- Injection Molding, Blow Molding, Film, Fiber) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction  A polyolefin is among a class of polymers produced from a simple olefin known as an alkene . Fro instance, polyethylene is the polyolefin produced by polymerizing the olefin ethylene. It is another common polyolefin which is made from the ole...

Wind Energy Cable Market (By Product Type- Low-Voltage Power Cables (600 V), Medium-Voltage Power Cables (15 to 46 kv), Market By Application- Power Transmission, Information Transfer)- Global Industry Size, Share, Trends, and Forecast 2018 - 2026

Introduction Wind energy cables is a normally a combination of high quality, thermosetting, rubber insulation, and sheathing. These cables require to be resistant to standard temperature ranges between -40°C and 90°C. The wind farms location mainly depe...

Diesel Fuel Additives Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Fuel additives are chemical compounds that are used to augment the efficiency of a fuel. These are fused with fuels such as aviation fuel, diesel, fuel oil, gasoline, and others to advance fuel economy and proficiency. Fuel additives assistances fu...

Polyphenylene Ether Alloy Market (By Product - PPE/PS, PPE/PA, PPE/PP, Others; By End User - Automotive, Electrical & Electronics, Industrial, Others) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Polyphenylene ether (PPE) are a class of polymers which contain phenolic monomers attached. On the basis of monomer types used in the polymerization, a variety of homopolymers and copolymers can be produced which are used a wide array of applicatio...

Petroleum Additives Market (By Type - Deposit Control, Antioxidants, Lubricants, Fuel Dyes, Anticorrosion, Antiknock Agents, Others; By Application - Diesel, Jet Fuel, Gasoline, Others) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Additives are the chemical compounds which are added to any material to enhance the quality or performance. Petroleum additives are chemical compounds that improve the performance of petroleum oil. Generally additives are added upto 5% by weight of...

Cart Summary

Special Pricing & Discounts