De-Aromatic Solvents Market Share, Growth, Opportunitites, Analysis, Trends, Market Size, and Forecasts 2019-2027

                                                                            
De-aromatic solvents, also known as de-aromatized hydrocarbon solvents or ultra-low aromatic solvents, are a type of hydrocarbon solvent that contains paraffinic, iso-paraffinic, and naphthenic components but has a very low aromatic content (1%).
De-Aromatic Solvents Market
De-aromatic solvents, also known as de-aromatized hydrocarbon solvents or ultra-low aromatic solvents, are a type of hydrocarbon solvent that contains paraffinic, iso-paraffinic, and naphthenic components but has a very low aromatic content (1%). De-aromatic solvents are effective substitutes for traditional solvents like mineral or white spirits. These de-aromatized hydrocarbon solvents are used in paints, coatings, and inks, metal working fluids, industrial cleaning, adhesives and sealants, drilling fluids, consumer products such as household insecticides, and a variety of other niche applications.

The growing substitution of de-aromatic solvents for traditional solvents due to their lower VOC content and toxicity is propelling the De-aromatic solvents market growth of de-aromatic solvents. The fact that de-aromatic solvents are odourless and have lower VOC content and toxicity than traditional solvents is fueling their global demand. As a result, rising awareness about the negative environmental impact of solvents is propelling the market for de-aromatic solvents over the forecast timeframe.

The paints and coatings industry accounts for the majority of demand for dearomatized hydrocarbon solvents. It is a solvent used in the manufacture of paints, varnishes, and plastics. When compared to dearomatic hydrocarbon solvents, aromatic solvent-based paints, coatings, and inks emit a greater amount of volatile organic compounds. Key players in the paints and coatings industry, such as PPG Industries and The Sherwin-Williams Company, are focusing on the development of eco-friendly or green product offerings. During the forecast period, sales of de-aromatics are expected to increase due to an increase in demand for such eco-friendly and non-toxic paint products.

The key players operating in global de-aromatic solvents are Exxon Mobil Corporation, Royal Dutch Shell plc., Total S.A., Idemitsu Kosan Co., Ltd., Neste Oyj, Calumet Specialty Products Partners, L.P., CEPSA, Gandhar Oil Refinery India Ltd., SK Global Chemical Co., Ltd., DHC Solvent Chemie GmbH.

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