Skip to main content

Aliphatic Solvents & Thinners Market Review, Top Manufacturers , Business Opportunities & Forecast 2018-2028

 Global Aliphatic Solvents & Thinners Market: Overview

Global aliphatic solvents & thinners market is prognosticated to experience remarkable growth over the period of assessment. Aliphatic solvents & thinners find use as diluents in paints. Surging demand for paints & coatings from automotive, industrial, decorative, and protective paints & coatings industries is fueling the growth of the market across the globe.

Get Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5946      

Rising demand from commercial and residential buildings from the developing countries acts as an opportunity for the growth of the global aliphatic solvents & thinners market during the forecast period.

The global aliphatic solvents & thinners market has been segmented on the basis of type, application and region.

Global Aliphatic Solvents & Thinners Market: Notable Developments

The global aliphatic solvents & thinners market has witnessed the following developments in recent times:

  • In September 2017, Dow Chemical Company’s Ethylene Acrylic Acid (EAA) business was acquired by SK Global Chemical Co. Ltd. The product offerings of the former find use in adhesives, cleaners, polymer paints, and in coatings. The acquisition has reinforced the position of the company in the packaging material industry and expanded its present product portfolio.
  • In March 2017, in effort to expand its research and development activities in Asia, Royal Dutch Shell Plc. inaugurated its Shell Technology Centre in Bangalore, India. This technology centre is capable of housing 1,500 experts working on various innovative projects across the globe. The other two technology hubs of Royal Dutch Shell Plc. are located in the US and the Netherlands.

Some of the key market players of the global aliphatic solvents & thinners market are

  • SK Global Chemical Co., Ltd
  • Gotham Industries
  • Gulf Chemicals and Industrial Oils Co.
  • Royal Dutch Shell Plc.,
  • ExxonMobil Chemical, Inc.
  • Calumet Specialty Products Partners, L.P
  • NOCO Energy Corporation
  • Gadiv Petrochemical Industries Ltd.

Browse Complete Market Overview, Click Here @

https://www.tmrresearch.com/aliphatic-solvents-thinners-market

Global Aliphatic Solvents & Thinners Market: Growth Drivers

Growth of the Paints and Coatings Industry Bolsters Market Demand of Aliphatic solvents & thinners

The global aliphatic solvents & thinners market is majorly driven by the increasing use of mineral spirits in place of turpentine. Most of the painters prefer using mineral spirits as a paint thinner as it comes with a cheaper price, less pungent odor and is not as sticky as turpentine.

Furthermore, the global aliphatic solvents & thinners market also gains momentum from the high growth of the paints & coatings industry. The construction and automotive industries have been on the growth trajectory for some time now. Rapid urbanization and industrialization have given the much-needed impetus to the construction and automotive industry, which has furthered the use of paints and coatings. With the increasing use of paints and coatings, the global demand for aliphatic solvents & thinners is accelerated.

Global Aliphatic Solvents & Thinners Market: Regional Outlook

In terms of region, the global aliphatic solvents & thinners market is divided into the five principal regions of North America, South America, Europe, Middle East and Africa, and Asia Pacific. The Asia Pacific regions is likely to account for the leading share of the global aliphatic solvents & thinners market during the assessment timeframe.

South Korea, Japan, India, and China are the major buyers of aliphatic solvents and thinners in the region. Rapid urbanization together with increasing base of population in the region and rise in the disposable income of the people in the region have contributed toward the expansion of the global aliphatic solvents & thinners market.

The global aliphatic solvents & thinners market is segmented as:

Type

  • Varnish Makers’ & Painters’ Naphtha
  • Mineral Spirits
  • Hexane
  • Heptane
  • Others (Paraffinic Solvent, Pentane, and Solvent 140)

Application

  • Paints & Coatings
  • Cleaning & Degreasing
  • Adhesives
  • Aerosols
  • Rubbers & polymers
  • Printing inks
  • Others (Agrochemicals, Pharmaceuticals, and Automotive)

Request For TOC @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=5946

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:   

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Comments

Post a Comment

Popular posts from this blog

What are the diverse growth parameters influencing the Wireless Infrastructure market?

  The term “wireless network infrastructure” is generally used in connection to macrocell RAN and mobile core network. Nevertheless, the scope of the technology is developing since past few yeras. There is s rise in investment in wireless carriers in HetNet infrastructure, along with heterogeneous networks, for example carrier Wi-Fi, Distributed Antenna System (DAS), and small cells nodes. GET BROCHURE OF THE REPORT https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3861 The wireless infrastructure market is categorized on the basis of type of networking technology as Small Cells, Macrocell Radio Access Networks (RAN), Remote Radio Heads (RRH), Cloud RAN, Distributed Antenna Systems (DAS), Carrier Wi-Fi, Backhaul modules, and Mobile Core. Currently, Macrocell RAN segment dominates over the rest of them in terms of revenue in the entire wireless infrastructure market. Improved network and technology infrastructure among various industry verticals has positively affected the...
Post a Comment
Read more

Fruit Beer Market Newer Segments of Application and Forecast Till 2031

  Increasing demand for products in the global fruit beer market can be attributed to rising consumption of fruit beer by teenager population across the world as well as increase in the disposable income. Rising adoption of western culture as well as increase in the number of various bars and restaurants is also expected to aid in the expansion of the global fruit beer market in coming years. Furthermore, rising consumer consciousness pertaining to long term ill effects of consuming alcoholic beverages as well as consumer preferences for avoiding drowsiness and headaches is also expected to bolster the demand in the global fruit beer market in coming years. Products in the global fruit beer market can be manufactured using a variety of different fruits and are available in various flavors, including but not limited to, peach, cherry, apple, grapefruit, strawberry, raspberry, apricot, blueberry, and blackberry, among others. Rising number of micro as well as craft breweries operatin...
Post a Comment
Read more

Food Service Equipment Market to Partake Significant Development During 2029

  Global Food Services Equipment Market – Overview Increasing popularity of Internet of Things (IoT) is driving the requirement for devices with improved internet connectivity. Customer-driven technology is now gaining the attention in the restaurant business as apps and mobile ordering systems are present to ease their work. Advanced instruments offer various features, such as sensors and controls, efficiency, pre-programmable features, and interactive cooking, which is responsible for the growth of the global food service equipment market. In addition to various developments in the food service equipment market, there has been an increase in the number of hotels, nursing homes, hospitals, fast food joints, and restaurants. This is expected to boost the product demand over the forecast period. Get Brochure of the Report @  https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7032 Global Food Services Equipment Market – Notable Developments Some of the notable developme...
Post a Comment
Read more