Materials & Chemicals Market Research News

Discover the Global aliphatic hydrocarbon solvents & thinners market worth 5.41 billion USD by 2026

The global Aliphatic Hydrocarbon Solvents & Thinners market was valued at USD 4.12 Billion in 2015 and is projected to reach USD 5.41 Billion by 2026, at a CAGR of 2.5% from 2016 to 2026.

- Advertising -

MarketsandMarkets Published report on "Aliphatic Hydrocarbon Solvents & Thinners Market by Type (Varnish Makers & Painter's Naphtha, Mineral Spirits, Hexane, Heptane), Application (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubber & Polymer) - Global Forecast to 2026"

The global market was valued at USD 4.12 Billion in 2015 and is projected to reach USD 5.41 Billion by 2026, at a CAGR of 2.5% from 2016 to 2026.

Browse 119 market data Tables and 36 Figures spread through 163 Pages and in-depth TOC on "Aliphatic Hydrocarbon Solvents & Thinners Market"

Download PDF @ bit.ly/2vstJH4

Replacement of turpentine by mineral spirits, high growth in the paints & coatings industry, and growing penetration of aliphatic hydrocarbon solvents & thinners in the Asia-Pacific region are the factors projected to drive the growth of the market in the near future.

Varnish makers & paints naphtha is the fastest-growing type segment of the global aliphatic hydrocarbon solvents & thinners market.

- Advertising -

The varnish makers & paints naphtha segment is projected to be the fastest-growing type segment of the aliphatic hydrocarbon solvents & thinners market from 2016 to 2026. It is a petroleum solvent similar in strength to mineral spirits, but is more volatile and has a faster drying time, which makes it widely applicable across several application segments such as paint & coatings, cleaning & degreasing, and others.

It is known to have a pleasant sweet smell and is ideal for most solvent-based finishes, making it popular for lengthy projects. All these properties help in making this segment the most sought after type in the aliphatic hydrocarbon solvents & thinners market.

Ask for PDF of the Report@ bit.ly/2vstJH4

Paints & coatings application segment accounted for the largest market share of the global aliphatic hydrocarbon solvents & thinners market

The paints & coatings segment accounted for the largest market share in 2015. Aliphatic hydrocarbon solvents & thinners are widely used in the paints & coatings industry as they help dry the paint quickly and create several types of paints for various purposes such as buildings, automotive, and others, which is not possible using other solvents.

Due to this, paints & coatings is the largest application for aliphatic hydrocarbon solvents & thinners.

The Asia-Pacific region was the largest market for the global aliphatic hydrocarbon solvents & thinners market in 2015

The Asia-Pacific region was the largest Aliphatic Hydrocarbon Solvents & Thinners Market in 2015 as two of the world's most populated countries, China and India, are present in this region. High infrastructure growth in the region is expected to boost the demand for paints & coatings, which will consequently lead to the growth of the aliphatic hydrocarbon solvents & thinners market in the region.

Get a Sample Report @ bit.ly/2wA0iTB

Key players operational in the aliphatic hydrocarbon solvents & thinners market include ExxonMobil Chemical (U.S.), SK Global Chemical Co. Ltd. (South Korea), Royal Dutch Shell Plc (Netherlands), and Calumet Specialty Products Partners (U.S.), among others.

News From

MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...