PUBLISHER: Value Market Research | PRODUCT CODE: 1542583
PUBLISHER: Value Market Research | PRODUCT CODE: 1542583
The global demand for Aliphatic Solvents Market is presumed to reach the market size of nearly USD 3.93 Billion by 2032 from USD 2.37 Billion in 2023 with a CAGR of 5.75% under the study period 2024-2032.
Aliphatic solvents or non-aromatic solvents are compounds that do not contain a benzene ring. They are mixtures of saturated, branched-chain, long straight-chain, or cyclic paraffin. Aliphatic solvents exhibit high absorbency with organic matter, very versatile, can be used in many industries, very low water solubility, and less toxic than aromatic solvents. It is synthesized using the distillation process of crude oil to an appropriate boiling point range fraction and then is treated to improve its odor and color.
Rapid industrialization & urbanization, expanding population, flourishing economies, and booming demand for paints, adhesives, aerosols, rubbers & polymers, and printing inks drive the global aliphatic solvents market. Increasing residential construction activities worldwide, significant industrial constructions from developing marketplaces and prospering middle-income populations also augment global aliphatic solvents demand. Countries of Asia Pacific such as India, China, Japan, and ASEAN are expected to present ample opportunities for market growth. The market is witnessing shifting trends towards green solutions. Companies are looking for green sources to manufacture aliphatic solvents. Growing research on the green sources and extraction of aliphatic compounds with minimum cost is predicted to bring some attractive prospects for market growth. However, crude oil price fluctuations and stringent environmental regulations may hinder the market growth during the forecast period.
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 Solvents. The growth and trends of Aliphatic Solvents industry provide a holistic approach to this study.
This section of the Aliphatic 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.
This section covers the regional outlook, which accentuates current and future demand for the Aliphatic 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.
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 Solvents market include Exxon Mobil Corp., Total S.A., Royal Dutch Shell Plc, RB Products Inc., Ganga Rasayanie Private Limited, Pon Pure Chemicals Group, Carolina International Sales Company Inc., Gadiv Petrochemical Industries Ltd., HCS Group GmbH, Recochem Inc., Gulf Chemical & Industrial Oils. 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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