Aliphatic Hydrocarbon Solvents and Thinners Market by Application (Printing Inks, Paints &Coatings, Pharmaceutical, Adhesives and Others), by Type (Mineral Spirits, Varnish Markets & Paints and Others), & by Geography.
Pune, India -- (SBWIRE) -- 02/08/2016 -- The report "Aliphatic Hydrocarbon Solvents And Thinners Market by Type (Varnish Markets & Paints, Mineral Spirits and Others), Application (Paints &Coatings, Pharmaceutical, Adhesives, Printing Inks and Others) and Geography - Global Forecast to 2020", is projected to reach USD 4.5 Billion by 2020 growing at a projected CAGR of 1.4% for the forecasted period of 2015 – 2020. The growing penetration of aliphatic hydrocarbon solvents and thinners in the Asia-Pacific region, as environmental regulations related to these solvents are not very strict in the region, makes it lucrative to produce and sell the aliphatic hydrocarbon solvents and thinners in the region.
Browse 75 market tables and 20 figures spread through 191 pages and in-depth TOC on "Aliphatic Hydrocarbon Solvents And Thinners Market - Global Forecast to 2020"
Early buyers will receive 10% customization on this report.
Make an Inquiry Before Buying of this Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=155300623
Paints & Coatings is the largest as well as the fastest growing application segment of aliphatic hydrocarbon solvents and thinners market
Among the applications, the paints & coatings accounts for the largest share in the aliphatic hydrocarbon solvents and thinners market. It is also projected to be the fastest-growing application of the aliphatic hydrocarbon solvents and thinners market between 2015 and 2020. Increasing number of automotive OEMs and growing machinery and appliances markets in the Asia-Pacific region have boosted the paints and coatings application segment in the region. The rapid growth of construction industry has led to increase in the usage of paints & coatings. This, in turn has led to the increased demand for aliphatic hydrocarbon solvents and thinners, globally.
Mineral Spirits to be the fastest-growing type during the forecasted period among the different aliphatic hydrocarbon solvents and thinners
The mineral spirits accounts segment is estimated to be the fastest-growing segment in this market, due to the effective solvent properties & cleaning capabilities. Varnish makers & paints accounts for the largest share in the global aliphatic hydrocarbon solvents and thinners market but considering the cost and economic factors the mineral spirits continues to grow at tremendous pace during the forecast period.
Asia-Pacific to dominate the global aliphatic hydrocarbon solvents and thinners market in 2020
The aliphatic hydrocarbon solvents and thinners market in Asia-Pacific accounted for the largest share and is expected to register the largest share by 2020. This market is mainly driven by factors such as growing population, increasing disposable income, and the growing automotive industry. Also, the construction industry has fueled the growth of the decorative paints market which has consequently led to the growth of the mineral thinners and oils market, as the varnish makers & paints and mineral spirits are widely used in paints and coatings.
An in-depth market share analysis, in terms of revenue, is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. Some of the major market players in this market are Exxonmobil Corporation (U.S.), Royal Dutch Shell PLC (Netherlands), CPC Corporation (Taiwan), Recochem Inc. (Canada), W.M. Barr & Company, Inc. (U.S.), Noco Energy Corporation (New York), Gotham Industries (Canada), and others.
The report covers the aliphatic hydrocarbon solvents and thinners market and its trends that concern four regions, namely, North America, Europe, Asia-Pacific, and ROW (Rest of the World); and the major countries in each region such as China, U.S., U.K and others. Various applications such as paints & coatings, pharmaceutical, adhesives, printing inks, rubber & polymer, agricultural chemicals, and others are covered. Aliphatic Hydrocarbon Solvents and thinners by types, which are, varnish makers & paints, mineral spirits, paraffinic solvent, solvent 140, along with others have also been studied.
For more Info Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=155300623
Browse Related Reports:
Solvent Market by Type (Ketones, Esters, Aromatics, Alcohols), Application (Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care) & Source - Global Trends & Forecast to 2018
Biolubricants Market by Type (Vegetable Oil, Animal Fat), Application (Hydraulic Fluids, Metalworking fluids, Chainsaw oils, Mold Release Agents), End Use (Industrial, Commercial Transport, Consumer Automobile) & by Region - Global Trends and Forecasts to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets