Global De-Aromatic Solvents Market Insights, Forecast to 2025
De-aromatic solvents, also called de-aromatized hydrocarbon solvents or de-aromatic solvents, are a class of hydrocarbon solvents that are characterized by the presence of paraffinic, iso-paraffinic, and naphthenic components with very low aromatic content (<400 ppm).
The global De-Aromatic Solvents industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia-Pacific, such as Exxon Mobil, Royal Dutch Shell, Sinopec Group and Petro China. At present, Exxon Mobil is the world leader, holding 22.72% production market share in 2017.
The global consumption of De-Aromatic Solvents increases from 880 K MT in 2013 to 999 K MT in 2017, at a CAGR of more than 3.23%. In 2017, the global De-Aromatic Solvents consumption market is led by China and China is the largest region consumption market, accounting for about 39.04% of global consumption of De-Aromatic Solvents.
De-Aromatic Solvents downstream is wide and recently De-Aromatic Solvents has acquired increasing significance in various fields of Paints & Coatings, Metal Working, Industrial Cleaning, Consumer Products, Drilling Fluids and Adhesives & Sealants. Globally, the De-Aromatic Solvents market is mainly driven by growing demand for Paints & Coatings. Paints & Coatings accounts for nearly 42.53% of total downstream consumption of De-Aromatic Solvents in global.
De-Aromatic Solvents can be mainly divided into Low Flash Point, Medium Flash Point and High Flash Point which Medium Flash Point captures about 58.73% of De-Aromatic Solvents market in 2017. According to our research and analysis, manufacturers from North America are the major leaders in the international market of De-Aromatic Solvents.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, De-Aromatic Solvents consumption will show a trend of steady growth. In 2024 the consumption of De-Aromatic Solvents is estimated to be 1257 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global De-Aromatic Solvents market size will increase to 1410 Million US$ by 2025, from 1130 Million US$ in 2018, at a CAGR of 2.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for De-Aromatic Solvents.
This report researches the worldwide De-Aromatic Solvents market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global De-Aromatic Solvents breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Exxon Mobil
Royal Dutch Shell
Mehta Petro Refineries
Eastern Petroleum
SK
Cepsa
Gandhar Oil Refinery
Neste Oyj
Sinopec Group
Petro China
Luoyang Jinda
Maohua Shihua
De-Aromatic Solvents Breakdown Data by Type
Low Flash Point
Medium Flash Point
High Flash Point
De-Aromatic Solvents Breakdown Data by Application
Paints & Coatings
Metal Working
Industrial Cleaning
Consumer Products
Drilling Fluids
Adhesives & Sealants
Others
De-Aromatic Solvents Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
De-Aromatic Solvents Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global De-Aromatic Solvents capacity, production, value, consumption, status and forecast;
To focus on the key De-Aromatic Solvents manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of De-Aromatic Solvents :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The global De-Aromatic Solvents industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia-Pacific, such as Exxon Mobil, Royal Dutch Shell, Sinopec Group and Petro China. At present, Exxon Mobil is the world leader, holding 22.72% production market share in 2017.
The global consumption of De-Aromatic Solvents increases from 880 K MT in 2013 to 999 K MT in 2017, at a CAGR of more than 3.23%. In 2017, the global De-Aromatic Solvents consumption market is led by China and China is the largest region consumption market, accounting for about 39.04% of global consumption of De-Aromatic Solvents.
De-Aromatic Solvents downstream is wide and recently De-Aromatic Solvents has acquired increasing significance in various fields of Paints & Coatings, Metal Working, Industrial Cleaning, Consumer Products, Drilling Fluids and Adhesives & Sealants. Globally, the De-Aromatic Solvents market is mainly driven by growing demand for Paints & Coatings. Paints & Coatings accounts for nearly 42.53% of total downstream consumption of De-Aromatic Solvents in global.
De-Aromatic Solvents can be mainly divided into Low Flash Point, Medium Flash Point and High Flash Point which Medium Flash Point captures about 58.73% of De-Aromatic Solvents market in 2017. According to our research and analysis, manufacturers from North America are the major leaders in the international market of De-Aromatic Solvents.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, De-Aromatic Solvents consumption will show a trend of steady growth. In 2024 the consumption of De-Aromatic Solvents is estimated to be 1257 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global De-Aromatic Solvents market size will increase to 1410 Million US$ by 2025, from 1130 Million US$ in 2018, at a CAGR of 2.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for De-Aromatic Solvents.
This report researches the worldwide De-Aromatic Solvents market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global De-Aromatic Solvents breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Exxon Mobil
Royal Dutch Shell
Mehta Petro Refineries
Eastern Petroleum
SK
Cepsa
Gandhar Oil Refinery
Neste Oyj
Sinopec Group
Petro China
Luoyang Jinda
Maohua Shihua
De-Aromatic Solvents Breakdown Data by Type
Low Flash Point
Medium Flash Point
High Flash Point
De-Aromatic Solvents Breakdown Data by Application
Paints & Coatings
Metal Working
Industrial Cleaning
Consumer Products
Drilling Fluids
Adhesives & Sealants
Others
De-Aromatic Solvents Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
De-Aromatic Solvents Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global De-Aromatic Solvents capacity, production, value, consumption, status and forecast;
To focus on the key De-Aromatic Solvents manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of De-Aromatic Solvents :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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