This report studies the global De-Aromatic Solvents market status and forecast, categorizes the global De-Aromatic Solvents market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions
City of Industry, CA -- (SBWIRE) -- 07/17/2018 -- This report studies the global De-Aromatic Solvents market status and forecast, categorizes the global De-Aromatic Solvents market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).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 2017 and will reach 1410 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.
The major manufacturers 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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Low Flash Point
Medium Flash Point
High Flash Point
By Application, the market can be split into
Paints & Coatings
Metal Working
Industrial Cleaning
Consumer Products
Drilling Fluids
Adhesives & Sealants
Others
The study objectives of this report are:
To analyze and study the global De-Aromatic Solvents capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key De-Aromatic Solvents manufacturers, to study the capacity, production, value, market share and development plans in future.
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 are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
De-Aromatic Solvents Manufacturers
De-Aromatic Solvents Distributors/Traders/Wholesalers
De-Aromatic Solvents Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the De-Aromatic Solvents market, by end-use.
Detailed analysis and profiles of additional market players.
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