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Global Aliphatic Hydrocarbon Solvents & Thinners Market Size study, by Type (Varnish Makers’ & Painters’ Naphtha, Mineral Spirits, Hexane, Heptane, Others), by Application (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubbers & polymers, Printing inks, Others), and Regional Forecasts 2021-2027

  • BIZ4355322
  • 200 Pages
  • May 2021
  • Materials and Chemicals
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Global Aliphatic Hydrocarbon Solvents & Thinners Market is valued approximately at USD 3.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2021-2027. Solvents are organic additives that are added to paint after the manufacturing process and before packaging to keep all the paint's components in a liquid / viscous state. Solvents are commonly liquids, but they may also be solids or gases. In the chemical, pharmaceutical, oil, and gas industry, solvents are used in chemical syntheses and purification processes, among numerous activities. Growing need of paint and coating in construction industry and growing demand of other wide applications drive the market growth in the upcoming years. For instance, under the smart cities programmes, the Indian government declared a USD 31,650 billion investment to construct 100 cities in 2018. Over the next five years, 100 smart cities and 500 cities are expected to generate investments worth INR 2 trillion (USD 28.18 billion), enabling aliphatic hydrocarbon solvents and thinners to be used in paints and coatings. However, manufacturers switching to green solvents may impede market growth over the forecast period of 2021-2027.

Asia Pacific is expected to be the largest market for aliphatic hydrocarbon solvents and thinners. The primary users of aliphatic hydrocarbon solvents and thinners in this region are China, India, Japan, and South Korea. Growing urbanization, increasing in middle class population income of the region has led to increasing demand for residential and commercial building in Asia Pacific, thereby contributing to the growth of the aliphatic hydrocarbon solvents & thinners market in this region.

Major market player included in this report are:

SK Global Chemical Co., Ltd.

ExxonMobil Chemical, Inc.

Royal Dutch Shell Plc.

Calumet Specialty Products Partners, L.P.

Gotham Industries

Gulf Chemicals and Industrial Oils Co.,

Pure Chemicals Co.

Heritage Crystal Clean

Kandla Energy & Chemical Limited

RB Products, Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Varnish Makers’ & Painters’ Naphtha

Mineral Spirits

Hexane

Heptane

Others

By Application:

Paints & Coatings

Cleaning & Degreasing

Adhesives

Aerosols

Rubbers & polymers

Printing inks

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Aliphatic Hydrocarbon Solvents & Thinners Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Aliphatic Hydrocarbon Solvents & Thinners Market, By Region, 2019-2027 (USD Billion)

1.2.2. Aliphatic Hydrocarbon Solvents & Thinners Market, By Type, 2019-2027 (USD Billion)

1.2.3. Aliphatic Hydrocarbon Solvents & Thinners Market, By Application, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Aliphatic Hydrocarbon Solvents & Thinners Market Definition and Scope

2.1. Objective of The Study

2.2. Market Definition & Scope

2.2.1. Scope of The Study

2.2.2. Industry Evolution

2.3. Years Considered for The Study

2.4. Currency Conversion Rates

Chapter 3. Global Aliphatic Hydrocarbon Solvents & Thinners Market Dynamics

3.1. Aliphatic Hydrocarbon Solvents & Thinners Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growth in construction industry

3.1.1.2. Replacement of turpentine with mineral spirits

3.1.1.3. Growing demand owing to their wide range of applications

3.1.2. Market Restraint

3.1.2.1. Manufacturers switching to green solvents

3.1.3. Market Opportunities

3.1.3.1. Rising opportunities from emerging economies in the Middle East

Chapter 4. Global Aliphatic Hydrocarbon Solvents & Thinners Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. Pest Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Aliphatic Hydrocarbon Solvents & Thinners Market, By Type

5.1. Market Snapshot

5.2. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Type, Performance - Potential Analysis

5.3. Global Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Aliphatic Hydrocarbon Solvents & Thinners Market, Sub Segment Analysis

5.4.1. Varnish Makers’ & Painters’ Naphtha

5.4.2. Mineral Spirits

5.4.3. Hexane

5.4.4. Heptane

5.4.5. Others

Chapter 6. Global Aliphatic Hydrocarbon Solvents & Thinners Market, By Application

a. Market Snapshot

6.1. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Application, Performance - Potential Analysis

6.2. Global Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

6.3. Aliphatic Hydrocarbon Solvents & Thinners Market, Sub Segment Analysis

6.3.1. Paints & Coatings

6.3.2. Cleaning & Degreasing

6.3.3. Adhesives

6.3.4. Aerosols

6.3.5. Rubbers & polymers

6.3.6. Printing inks

6.3.7. Others

Chapter 7. Global Aliphatic Hydrocarbon Solvents & Thinners Market, Regional Analysis

7.1. Aliphatic Hydrocarbon Solvents & Thinners Market, Regional Market Snapshot

7.2. North America Aliphatic Hydrocarbon Solvents & Thinners Market

7.2.1. U.S. Aliphatic Hydrocarbon Solvents & Thinners Market

7.2.1.1. Type Breakdown Estimates & Forecasts, 2018-2027

7.2.1.2. Application Breakdown Estimates & Forecasts, 2018-2027

7.2.2. Canada Aliphatic Hydrocarbon Solvents & Thinners Market

7.3. Europe Aliphatic Hydrocarbon Solvents & Thinners Market Snapshot

7.3.1. U.K. Aliphatic Hydrocarbon Solvents & Thinners Market

7.3.2. Germany Aliphatic Hydrocarbon Solvents & Thinners Market

7.3.3. France Aliphatic Hydrocarbon Solvents & Thinners Market

7.3.4. Spain Aliphatic Hydrocarbon Solvents & Thinners Market

7.3.5. Italy Aliphatic Hydrocarbon Solvents & Thinners Market

7.3.6. Rest of Europe Aliphatic Hydrocarbon Solvents & Thinners Market

7.4. Asia-Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Snapshot

7.4.1. China Aliphatic Hydrocarbon Solvents & Thinners Market

7.4.2. India Aliphatic Hydrocarbon Solvents & Thinners Market

7.4.3. Japan Aliphatic Hydrocarbon Solvents & Thinners Market

7.4.4. Australia Aliphatic Hydrocarbon Solvents & Thinners Market

7.4.5. South Korea Aliphatic Hydrocarbon Solvents & Thinners Market

7.4.6. Rest of Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market

7.5. Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Snapshot

7.5.1. Brazil Aliphatic Hydrocarbon Solvents & Thinners Market

7.5.2. Mexico Aliphatic Hydrocarbon Solvents & Thinners Market

7.6. Rest of The World Aliphatic Hydrocarbon Solvents & Thinners Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. SK Global Chemical Co., Ltd.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. ExxonMobil Chemical, Inc.

8.2.3. Royal Dutch Shell Plc.

8.2.4. Calumet Specialty Products Partners, L.P.

8.2.5. Gotham Industries

8.2.6. Gulf Chemicals and Industrial Oils Co.,

8.2.7. Pure Chemicals Co.

8.2.8. Heritage Crystal Clean

8.2.9. Kandla Energy & Chemical Limited

8.2.10. RB Products, Inc.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 2. Global Aliphatic Hydrocarbon Solvents & Thinners Market, Report Scope

TABLE 3. Global Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts by Region 2018-2027 (USD Billion)

TABLE 4. Global Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

TABLE 5. Global Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

TABLE 6. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Aliphatic Hydrocarbon Solvents & Thinners Market by Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Segment, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Aliphatic Hydrocarbon Solvents & Thinners Market By Region, Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 24. U.S. Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 25. Canada Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 26. Canada Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 27. Canada Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 28. Uk Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 29. Uk Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 30. Uk Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 31. Germany Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 32. Germany Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 33. Germany Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 34. France Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 35. France Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 36. France Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 37. Spain Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 38. Spain Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 39. Spain Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 40. Italy Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 41. Italy Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 42. Italy Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 43. Roe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 44. Roe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 45. Roe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 46. China Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 47. China Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 48. China Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 49. India Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 50. India Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 51. India Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 52. Japan Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 53. Japan Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 54. Japan Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 55. Australia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 56. Australia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 57. Australia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 58. South Korea Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 59. South Korea Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 60. South Korea Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 61. RoPAC Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 62. RoPAC Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 63. RoPA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 64. Brazil Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 65. Brazil Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 66. Brazil Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 67. Mexico Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 68. Mexico Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 69. Mexico Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 70. RoLA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 71. RoLA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 72. RoLA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 73. Row Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts, 2018-2027 (USD Billion)

TABLE 74. Row Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 75. Row Aliphatic Hydrocarbon Solvents & Thinners Market Estimates & Forecasts By Segment 2018-2027 (USD Billion)

TABLE 76. List Of Secondary Sources Used In The Study Of Global Aliphatic Hydrocarbon Solvents & Thinners Market.

TABLE 77. List Of Primary Sources Used In The Study Of Global Aliphatic Hydrocarbon Solvents & Thinners Market.

TABLE 78. Years Considered For The Study.

TABLE 79. Exchange Rates Considered.

 
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