Albany, NY -- (SBWIRE) -- 02/28/2019 -- A report on the global isoparaffin solvents market has been added to the vast repository of ResearchMoz.us. It is titled, "Global Market Study on Isoparaffin Solvents: C9-C11 Solvents to Command Significant Share Through 2026". The report pulls out every stop to present in-depth information on it. The report enables key stakeholders in the global isoparaffin solvents market to gain proper insight into the growth drivers and headwinds. This report also provides an objective on the competitive landscape and dissect each product, application, and regional segment to understand which ones hold out solid promise.
Isoparaffin solvents come under the category of branched-chain aliphatic hydrocarbons which are mostly obtained from crude oil distillation. Usually, the arrangement of paraffin compounds can be found in two forms such as branched chain (isoparaffin) and straight-chain (n-paraffin). Many refinery processes involve crude oil distillation, through which isoparaffin solvents are produced the most. Further processes such as catalytic cracking and distillation helps in obtaining the pure grade of isoparaffin solvents. Isoparaffin solvents exhibit excellent fuel property compared to other normal or strain-chain paraffin solvents. Such solvents are widely used in industrial cleaning, adhesive and sealant, chemical, metalworking, polymers, paints and coating industries. Isoparaffin solvents are also extensively used as a cleaner, solvent, and intermediate in various industries.
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Isoparaffin solvents possess excellent properties such as high flash point, great solvency, and low pour point. Due to such properties of isoparaffin solvents, it is extensively used in food contact materials. Such USPs are fueling the global isoparaffin solvents market. Apart from this, rising demand for isoparaffin solvents in various industrial applications due to its increased safety, higher compatibility, and low odor properties are also driving the global isoparaffin solvents market. Growing use of isoparaffin solvents to make low-odor paints in the wood, building interiors, and the furniture, increasing demand for synthetic solvents, and rapid growth in oil production and exploration industries worldwide are also boosting the demand in the global isoparaffin solvents market. Along with these, increasing demand for isoparaffinic petroleum hydrocarbons for producing inks, growing need for polymerization, rapid industrialization, and rising automotive and petro-chemical industries in developing economies are also propelling the global isoparaffin solvents market.
With respect to geography, Asia Pacific is leading the global isoparaffin solvents market as the region has seen rapid industrialization. Growing paints and coating industry, rising disposable incomes, and burgeoning demand for isoparaffin in various key-end industries are also responsible for fueling the isoparaffin solvents market in this region. The prominent countries in the region are China and India. Rising polymer and agrochemical industries are boosting the global isoparaffin solvents market in these countries.
Some of the prominent players operating in the global isoparaffin solvents market are Idemitsu Kosan Co, Neste Oyj, Shell Chemicals, ExxonMobil Chemical, and Chevron Phillips Chemical Company.
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