De-aromatic solvents, also called de-aromatized hydrocarbon solvents or ultra-low 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 (<1%).
De-aromatic solvents are effective alternatives to conventional solvents such as mineral or white spirits. These de-aromatized hydrocarbon solvents find application across various industries in paints, coatings and inks, metal working fluids, industrial cleaning, adhesives and sealants, drilling fluids, consumer products such as household insecticides, and some other niche applications.
The global de-aromatic solvents market is projected to reach around US$ 2.9 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2019-2027).
Growing concerns about the dangers of using conventional solvents, as well as the subsequent increase in demand for safer, more effective, and environmentally friendly alternatives, will drive demand for de-aromatic solvents during the forecast period. Another growth driver is the increasing use of de-aromatic solvents in household insecticides and mosquito repellents. A thriving global paints, coatings, and inks market contributes to increased demand for de-aromatic solvents. Increased demand from metalworking applications is expected to drive market growth.
In the case of paint and coating applications, lower VOC content, less odour, and faster drying times are all desirable characteristics. These aforementioned properties characterise de-aromatic solvents, and as a result, consumption of de-aromatized solvents, particularly low flash point grade offerings in this application, is expected to grow rapidly.
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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