Aliphatic hydrocarbon solvents are defined as organic compounds whose carbon atoms are linked in open chains, either straight or branched, rather than containing a benzene ring. Aliphatic hydrocarbon solvents do not have a benzene ring, but they are mixtures of saturated, long straight chain (normal-paraffin), branched chain (Iso-paraffin), or cyclic paraffin. They are produced by the distillation of crude oil with an appropriate boiling point range fraction, and then they are treated to improve their color and odor. Aliphatic hydrocarbon solvents are considered to be aliphatic compounds, they contain carbon and hydrogen which are joined together in straight chains, branched trains or non-aromatic rings.

The hydrocarbons of the alkane type, alkene, and alkyne series are aliphatic compounds, similar to fatty acids and many other compounds; therefore, aliphatic compounds are the opposite of aromatic compounds. In addition to their use as solvents or diluents in paints and thinners, they are widely used in oil extraction, degreasing, rubber manufacturing, and as carriers for aerosols and disinfectants. Gasoline and kerosene are examples of aliphatic hydrocarbon solvents. Common aliphatic hydrocarbon solvents used in paints and coatings are mineral spirits, hexanes, and heptanes. These compounds are also used as corrosion inhibitors. Some common examples of aliphatic hydrocarbon solvents are mineral spirits, petroleum naphtha, petroleum distillate, cyclohexane, octane, and pentane or isopentane nonane. Most of the solvents can contain a blend or mixture of different aliphatic types or aliphatic or aromatic hydrocarbons which depend on their end use industrial applications.

Substitute of turpentine by mineral spirits, and diversifying portfolio such as paints & coatings industry, and increasing applications of aliphatic hydrocarbon solvents are some of the major drivers propelling the aliphatic hydrocarbon solvents market. Expansion of the construction industry is also one of the factors impelling the market. Demand for aliphatic hydrocarbon solvents from industries such as automotive and building & construction are boosting the market. The paints & coatings segment is the fastest-growing application in the global aliphatic hydrocarbon solvents market. However, easy availability of substitutes may hamper the growth of the market.

Based on types, the aliphatic hydrocarbon solvent market is segmented into varnish maker’s & printer’s naphtha, mineral spirits, hexane, heptane, and others. In terms of application, the market is segmented into paints & coatings, cleaning & degreasing, adhesives, aerosols, rubbers & polymers, printing inks, and others (agrochemicals, pharmaceuticals, and automotive).

Based on region, the aliphatic hydrocarbon market is segmented into South America, North America, Europe, and Middle East & Africa.  Infrastructure projects and growth of the paints & coatings industry are estimated to show the largest demand for aliphatic hydrocarbon solvents market in these regions. The market in Middle East and Africa is projected to expand at a rapid pace during the forecast period.

Key players operating in the aliphatic hydrocarbon market are Exxon Mobil, SK global chemical, Shell, Calumet Specialty Products Partners, Gotham Industries, Gulf Chemicals and Industrial Oils Company, Haltermann Carless, Kandla Energy & Chemicals, and MK Aromatics.

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Aliphatic Hydrocarbon Solvents Market

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