Aliphatic Hydrocarbon Solvents & Thinners Market size is expected to reach nearly US$ 4.75 Bn. by 2029 with the CAGR of 3% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Aliphatic Hydrocarbon Solvents & Thinners Market Dynamics:
The factors expected to drive the growth of market are replacement of turpentine by mineral spirits, high growth in the paints & coatings production, and rising penetration of aliphatic hydrocarbon solvents & thinners in Asia-Pacific region. Booming construction industry and the countries in Middle East region are some of untapped openings for aliphatic hydrocarbon solvents & thinners industry. According to type varnish makers & paints naphtha segment held the largest share in 2022 and is expected to be the largest segment in aliphatic hydrocarbon solvents & thinners market, by 2029. Properties of varnish makers & painter's naptha make it a desired solvent for several end-user industries, majorly the paints & coatings industry. Based on application, paints & coatings segment of aliphatic hydrocarbon solvents & thinners industry is expected to grow at the maximum CAGR from 2022 to 2029, in terms of both, value and volume. Aliphatic hydrocarbon solvents & thinners are mainly utilized in production of paints & coatings because the mix of solvents being used in this industry are frequently changing, and these satisfy growing demands for improved performance. Increasing demand for paints & coatings from different end-use industries, like decorative, automotive, industrial, and protective paints & coatings is fueling the growth of the paints & coatings segment of aliphatic hydrocarbon solvents & thinners market, globally.Aliphatic Hydrocarbon Solvents & Thinners Market Regional Insights:
Asia-Pacific and Middle East & Africa are expected to be the fastest-growing regional aliphatic hydrocarbon solvents & thinners market by 2029. Huge infrastructure projects and growth of the paints & coatings industry in these regions are boosting the growth of the aliphatic hydrocarbon solvents & thinners market in these regions. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Aliphatic Hydrocarbon Solvents & Thinners Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Aliphatic Hydrocarbon Solvents & Thinners Market.Aliphatic Hydrocarbon Solvents & Thinners Market, Key Highlights:
Global AMarket analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Market Global Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Market are also profiled.Aliphatic Hydrocarbon Solvents & Thinners Market Scope: Inquire before buying
Global Aliphatic Hydrocarbon Solvents & Thinners Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 3.86 Bn. Forecast Period 2023 to 2029 CAGR: 3% Market Size in 2029: US $ 4.75 Bn. Segments Covered: by Type Varnish Makers & Painters Naphtha Mineral Spirit Hexane Heptane by Application Paints & Coatings Cleaning & Degreasing Adhesives Aerosols Rubber & Polymer Aliphatic Hydrocarbon Solvents & Thinners Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Aliphatic Hydrocarbon Solvents & Thinners Market, Key Players are
1. ExxonMobil Chemical, Inc. 2. SK Global Chemical Co 3. Royal Dutch Shell Plc. 4. Calumet Specialty Products Partners 5. Gotham Industries 6. Gulf Chemicals and Industrial Oils Co 7. Recochem Inc. 8. HCS Group 9. W.M. Barr 10. Ganga Rasayanie (P) Ltd (India), 11. NOCO Energy Corporation 11. Gadiv Petrochemical Industries Ltd. 12. Hunt Refining Company 13. Honeywell International Inc. 14. BASF SE 15. LyondellBasell Industries Holdings B.V. 16. MK Aromatics 17. Kandla Energy & Chemicals 18. Haltermann Carless 19. NOCO Energy Corporation 20. Shell Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: Asia-Pacific region held the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 3% during forecasting period 2023-2029. 3. What is scope of the Global market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – ExxonMobil Chemical, Inc., SK Global Chemical Co, Royal Dutch Shell Plc., Calumet Specialty Products Partners, Gotham Industries, Gulf Chemicals and Industrial Oils Co, Recochem Inc., HCS Group, W.M. Barr, Ganga Rasayanie (P) Ltd (India),, NOCO Energy Corporation ,, Gadiv Petrochemical Industries Ltd., Hunt Refining Company, Honeywell International Inc., BASF SE, LyondellBasell Industries Holdings B.V., MK Aromatics, and Kandla Energy & Chemicals 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
1. Aliphatic Hydrocarbon Solvents Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Aliphatic Hydrocarbon Solvents Market: Dynamics 2.1. Aliphatic Hydrocarbon Solvents Market Trends by Region 2.1.1. North America Aliphatic Hydrocarbon Solvents Market Trends 2.1.2. Europe Aliphatic Hydrocarbon Solvents Market Trends 2.1.3. Asia Pacific Aliphatic Hydrocarbon Solvents Market Trends 2.1.4. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Trends 2.1.5. South America Aliphatic Hydrocarbon Solvents Market Trends 2.2. Aliphatic Hydrocarbon Solvents Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Aliphatic Hydrocarbon Solvents Market Drivers 2.2.1.2. North America Aliphatic Hydrocarbon Solvents Market Restraints 2.2.1.3. North America Aliphatic Hydrocarbon Solvents Market Opportunities 2.2.1.4. North America Aliphatic Hydrocarbon Solvents Market Challenges 2.2.2. Europe 2.2.2.1. Europe Aliphatic Hydrocarbon Solvents Market Drivers 2.2.2.2. Europe Aliphatic Hydrocarbon Solvents Market Restraints 2.2.2.3. Europe Aliphatic Hydrocarbon Solvents Market Opportunities 2.2.2.4. Europe Aliphatic Hydrocarbon Solvents Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Aliphatic Hydrocarbon Solvents Market Drivers 2.2.3.2. Asia Pacific Aliphatic Hydrocarbon Solvents Market Restraints 2.2.3.3. Asia Pacific Aliphatic Hydrocarbon Solvents Market Opportunities 2.2.3.4. Asia Pacific Aliphatic Hydrocarbon Solvents Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Drivers 2.2.4.2. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Restraints 2.2.4.3. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Opportunities 2.2.4.4. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Challenges 2.2.5. South America 2.2.5.1. South America Aliphatic Hydrocarbon Solvents Market Drivers 2.2.5.2. South America Aliphatic Hydrocarbon Solvents Market Restraints 2.2.5.3. South America Aliphatic Hydrocarbon Solvents Market Opportunities 2.2.5.4. South America Aliphatic Hydrocarbon Solvents Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Aliphatic Hydrocarbon Solvents Industry 2.8. Analysis of Government Schemes and Initiatives For Aliphatic Hydrocarbon Solvents Industry 2.9. Aliphatic Hydrocarbon Solvents Market Trade Analysis 2.10. The Global Pandemic Impact on Aliphatic Hydrocarbon Solvents Market 3. Aliphatic Hydrocarbon Solvents Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 3.1.1. Varnish Makers & Painters Naphtha 3.1.2. Mineral Spirit 3.1.3. Hexane 3.1.4. Heptane 3.2. Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 3.2.1. Paints & Coatings 3.2.2. Cleaning & Degreasing 3.2.3. Adhesives 3.2.4. Aerosols 3.2.5. Rubber & Polymer 3.3. Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Aliphatic Hydrocarbon Solvents Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 4.1.1. Varnish Makers & Painters Naphtha 4.1.2. Mineral Spirit 4.1.3. Hexane 4.1.4. Heptane 4.2. North America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 4.2.1. Paints & Coatings 4.2.2. Cleaning & Degreasing 4.2.3. Adhesives 4.2.4. Aerosols 4.2.5. Rubber & Polymer 4.3. North America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Varnish Makers & Painters Naphtha 4.3.1.1.2. Mineral Spirit 4.3.1.1.3. Hexane 4.3.1.1.4. Heptane 4.3.1.2. United States Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Paints & Coatings 4.3.1.2.2. Cleaning & Degreasing 4.3.1.2.3. Adhesives 4.3.1.2.4. Aerosols 4.3.1.2.5. Rubber & Polymer 4.3.2. Canada 4.3.2.1. Canada Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Varnish Makers & Painters Naphtha 4.3.2.1.2. Mineral Spirit 4.3.2.1.3. Hexane 4.3.2.1.4. Heptane 4.3.2.2. Canada Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Paints & Coatings 4.3.2.2.2. Cleaning & Degreasing 4.3.2.2.3. Adhesives 4.3.2.2.4. Aerosols 4.3.2.2.5. Rubber & Polymer 4.3.3. Mexico 4.3.3.1. Mexico Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Varnish Makers & Painters Naphtha 4.3.3.1.2. Mineral Spirit 4.3.3.1.3. Hexane 4.3.3.1.4. Heptane 4.3.3.2. Mexico Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Paints & Coatings 4.3.3.2.2. Cleaning & Degreasing 4.3.3.2.3. Adhesives 4.3.3.2.4. Aerosols 4.3.3.2.5. Rubber & Polymer 5. Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.2. Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3. Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 8. South America Aliphatic Hydrocarbon Solvents Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 8.2. South America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 8.3. South America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Aliphatic Hydrocarbon Solvents Market Size and Forecast, by Application (2022-2029) 9. Global Aliphatic Hydrocarbon Solvents Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Aliphatic Hydrocarbon Solvents Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ExxonMobil Chemical, Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. SK Global Chemical Co 10.3. Royal Dutch Shell Plc. 10.4. Calumet Specialty Products Partners 10.5. Gotham Industries 10.6. Gulf Chemicals and Industrial Oils Co 10.7. Recochem Inc. 10.8. HCS Group 10.9. W.M. Barr 10.10. Ganga Rasayanie (P) Ltd (India), 10.11. NOCO Energy Corporation , 10.12. Gadiv Petrochemical Industries Ltd. 10.13. Hunt Refining Company 10.14. Honeywell International Inc. 10.15. BASF SE 10.16. LyondellBasell Industries Holdings B.V. 10.17. MK Aromatics 10.18. Kandla Energy & Chemicals 10.19. Haltermann Carless 10.20. NOCO Energy Corporation 10.21. Shell 11. Key Findings 12. Industry Recommendations 13. Aliphatic Hydrocarbon Solvents Market: Research Methodology 14. Terms and Glossary