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Global De-Aromatic Solvents Market Survey and Forecast Report 2019

In this report, the Chemical & Material market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Chemical & Material market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.

The global De-Aromatic Solvents market is valued at 1130 million US$ in 2018 is expected to reach 1410 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025.

This report focuses on De-Aromatic Solvents volume and value at global level, regional level and company level. From a global perspective, this report represents overall De-Aromatic Solvents market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Low Flash Point

Medium Flash Point

High Flash Point

Segment by Application

Paints & Coatings

Metal Working

Industrial Cleaning

Consumer Products

Drilling Fluids

Adhesives & Sealants

Others

Browse full research report at https://www.crystalmarketreport.com/global-de-aromatic-solvents-market-survey-and-forecast-report-2019

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