Aliphatic Hydrocarbon Solvents Market Size, Share, Growth, Opportunities and Global Forecast to 2032

Written by Betty Johns  »  Updated on: October 23rd, 2024

Aliphatic Hydrocarbon Solvents Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2023-2032.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Aliphatic Hydrocarbon Solvents market include SK Global Chemical Co. Ltd., ExxonMobil Chemical, Hi Tech Chemicals, Kandla Energy & Chemicals Limited, Umwelt Chemicals, Westlake Chemical Corporation, Merck, Mitsubishi Shoji Chemical Corporation, Royal Dutch Shell, Calumet Specialty Products Partners. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

Their wide range of industrial applications fuels the demand for these solvents. Industries such as automotive, paints and coatings, adhesives, printing inks, and cleaning agents rely on aliphatic hydrocarbon solvents for effective cleaning, degreasing, and thinning processes. The favourable properties of these solvents, including excellent solvency power, low volatility, and high flash points, make them desirable in applications where safety, low odour, and effective solvency are crucial. The increasing focus on sustainability and stringent environmental regulations drive the demand for solvents with better environmental profiles, leading to the growth of the aliphatic hydrocarbon solvents market. Moreover, the shift towards safer and greener alternatives contributes to the increased usage of aliphatic hydrocarbon solvents as substitutes for solvents with health and safety risks. The growth of emerging markets, ongoing research and development efforts to enhance solvent performance, and the expansion of industrial activities in various regions also drive market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aliphatic hydrocarbon solvents. The growth and trends of aliphatic hydrocarbon solvents industry provide a holistic approach to this study.

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Market Segmentation

This section of the aliphatic hydrocarbon solvents market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

  • Varnish Makers & Painters Naphtha
  • Mineral Spirit
  • Hexane
  • Heptane
  • Others

By Application

  • Paints & Coatings
  • Cleaning & Degreasing
  • Adhesives
  • Aerosols
  • Rubbers & Polymers
  • Printing Inks
  • Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Aliphatic Hydrocarbon Solvents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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