Aliphatic Solvents Market to Observe Strong Development by 2030

𝐀𝐥𝐢𝐩𝐡𝐚𝐭𝐢𝐜 𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

In terms of value, the global aliphatic solvents market is anticipated to expand at a CAGR of 5.2% from 2020 to 2030 and reach US$ 3.34 Bn by 2030. Asia Pacific dominated the global aliphatic solvents market in terms of volume in 2019. It is estimated to lead the global aliphatic solvents market during the forecast period. The paints & coatings application segment is projected to offer lucrative opportunities to the global aliphatic solvents market in the near future.

𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/aliphatic-solvents-market.html

The aliphatic solvents market in North America is anticipated to expand at a rapid pace during the forecast period. The aliphatic solvents market in Europe is projected to expand at a healthy CAGR during the forecast period. According to Oxford Economics, the global construction industry output is likely to increase by 85% to reach value of US$ 15.5 Trn by 2030, with three major countries - China, the U.S., and India - accounting for 57% of the global market. This is expected to boost the demand for aliphatic solvents that are utilized in paints & coatings in the building & construction sector during the forecast period. In turn, this is likely to propel the global aliphatic solvents market in the near future.

𝐀𝐥𝐢𝐩𝐡𝐚𝐭𝐢𝐜 𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐌𝐚𝐣𝐨𝐫 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬

Aliphatic solvents play a significant role in paints and coatings in the desired consistency and help avoid globs or clums. Aliphatic solvents play a vital role in coating formulations even if they are not present in the final stage due to evaporation and control viscosity for the application. Industrial coatings made with aliphatic solvents dry up to 10 times faster than low-solvent alternatives at room temperature, making painting fast and easy along with other benefits such as long-lasting protection and strong performance in extreme weather conditions.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81123

Aliphatic solvents are a powerful group of solvents possessing outstanding properties such as slow evaporation that helps provide several smooth, flawless applications of paints for an attractive, more durable finish. Paints and coatings are widely used in construction, automotive & transportation, and wood industries. They are primarily employed to protect structures from any external damage in the building & construction industry. Paints and coatings are employed in various applications in decorating residential and non-residential infrastructure & buildings, industrial equipment, automobiles & marine, and industrial wood.

There has been a significant growth in real estate activities across the globe, along with rapid industrialization in the Middle East. Countries such as Saudi Arabia and the UAE aim to reduce their dependence on the oil industry for economic growth and focus on other industries. Thus, the construction industry has witnessed major growth in the Middle East. The construction industry requires paints & coatings, cleaning & degreasing agents, and adhesives. This is driving the demand for aliphatic solvents.

𝐀𝐥𝐢𝐩𝐡𝐚𝐭𝐢𝐜 𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Based on application, the paints & coatings segment held notable share of the global aliphatic solvents market in 2019. This trend is estimated to continue during the forecast period. The rubbers & polymers segment of the global aliphatic solvents market is anticipated to expand at a healthy CAGR during the forecast period, owing to the increase in demand for rubber in the tire industry. Hydrocarbon waxes act as ozone resistance additives in rubber, thereby increasing the durability of rubber.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=81123

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐨𝐟 𝐀𝐥𝐢𝐩𝐡𝐚𝐭𝐢𝐜 𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Key manufacturers operating in the global aliphatic solvents market include Exxon Mobil Corp., Total S.A., Royal Dutch Shell Plc, RB PRODUCTS, INC., Ganga Rasayanie Private Limited, Pon Pure Chemicals Group, Carolina International Sales Company Inc., Gadiv Petrochemical Industries Ltd., HCS Group GmbH, Recochem Inc., and Gulf Chemical & Industrial Oils.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐥𝐢𝐩𝐡𝐚𝐭𝐢𝐜 𝐒𝐨𝐥𝐯𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

Aliphatic Solvents Market, by Application
• Paints & Coatings
• Cleaning & Degreasing
• Adhesives
• Aerosols
• Rubbers & Polymers
• Printing Inks
• Others (including Oil & Gas)
Aliphatic Solvents Market, by Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia & CIS
o Rest of Europe

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=81123

Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa
• Asia Pacific
o China
o India
o Japan
o ASEAN
o Rest of Asia Pacific

𝐆𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭:
Bitumen Market -https://www.accesswire.com/716840/Bitumen-Market-to-Reach-US-1453-Bn-by-2031-TMR-Study
Monochloroacetic Acid Market - https://www.prnewswire.com/news-releases/monochloroacetic-acid-market-to-rise-at-cagr-of-3-9-over-forecast-period-of-2022-2031-tmr-study-301630597.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Nikhil Sawlani
Transparency Market Research Inc.
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