Home Research Reports Worldwide Revenue Share of Aliphatic Solvents for Cleaning & Degreasing Is Expected to Hit ~US$ 3 Bn in 2031

Worldwide Revenue Share of Aliphatic Solvents for Cleaning & Degreasing Is Expected to Hit ~US$ 3 Bn in 2031

by factmr
20 views

Award-winning consulting firm Fact.MR’s recent report on the global aliphatic solvents market projects a healthy forecast, expecting a valuation of US$ 3 billion by 2031, and a CAGR of 5% throughout the forecast period 2021-2031. Growth is likely to remain sustained on the back of a surging global construction industry, which is paving the way for rising infrastructure development projects, especially in the Asia Pacific region.

As per Oxford Economics, global construction industry output is likely to increase by a whopping 85% to surpass US$ 15 trillion by 2030, primarily led by three major countries – China, the United States, and India. Collectively, these three shall contribute 57% revenue to the global market. Hence, demand for paints & coatings for various residential and non-residential projects is expected to incline, providing fertile ground for aliphatic solvent adoption.

Consequently, the global market is experiencing a slew of new solvent launches, with each player offering a diverse range of product offerings. Countries such as China, Japan, and India are expected to generate maximum expansion opportunities, as rapid urbanization spurs housing projects to accommodate the expanding population.

Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=5922

“Surging residential and public infrastructure projects amid rapid urbanization is inclining demand for paints & coatings for key buildings, ultimately providing a boost to solvent uptake, including aliphatic solvents,” remarks a Fact.MR analyst.

aliphatic solvents market

Key Market Segments Covered

  • Application
    • Aliphatic Solvents for Paints & Coatings
    • Aliphatic Solvents for Cleaning & Degreasing
    • Aliphatic Solvents for Adhesives
    • Aliphatic Solvents for Aerosols
    • Aliphatic Solvents for Rubbers & Polymers
    • Aliphatic Solvents for Printing Inks
    • Aliphatic Solvents for Other Application Areas
  • Region
    • North America (U.S and Canada)
    • Europe (Germany, U.K, France, Spain, Italy, CIS & Russia and Rest of Europe)
    • Asia Pacific (China, Japan, India, ASEAN and Rest of Asia Pacific)
    • Latin America (Brazil, Mexico and Rest of Latin America)
    • Middle East & Africa (GCC, South Africa and Rest of MEA)

Get Customization on this Research Report for specific research solutions

https://www.factmr.com/connectus/sample?flag=RC&rep_id=5922

Key Takeaways from Market Study

  • By application, demand across the paints & coatings industry to widen significantly
  • High uptake expected across the rubbers & polymers segment, amid extensive application as ozone resistance additives
  • The U.S to generate lucrative expansion prospects amid robust chemicals, hydrocarbons, and paints & coatings industries
  • Robust aerosols industry to bolster aliphatic solvent uptake across the U.K.
  • China to emerge as a dominant market for aliphatic solvents in Asia Pacific

Speak to Research Analyst https://www.factmr.com/connectus/sample?flag=AE&rep_id=5922

Competitive Landscape

Exxon Mobil Corp., Total S.E., 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 and Industrial Oils are some prominent aliphatic solvent manufacturers profiled in Fact.MR’s report.

  • Ganga Rasayanie Private Limited, a prominent downstream petroleum and coal tar based feedstock manufacturer in India, offers the GarLAS Aliphatic Solvents in SBP and White Spirits grade, applied across a broad range of industries, including paints & coatings, printing inks and reducers, offset inks and agrochemicals among others
  • Likewise, Recochem Inc. offers the low odor VarsolTM paint thinner, suitable for working indoors or in enclosed areas to remove and clean tough stains, grease, grime, dried paint, sap, crayon, wax, glue and sticky residue among others

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the aliphatic solvents market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of application (paints & coatings, cleaning & degreasing, adhesives, aerosols, rubbers & polymers, printing inks, and others) across five major regions of the world (North America, Latin America, Europe, Asia Pacific and the Middle East & Africa).

For More insights https://www.newswire.co.kr/newsRead.php?no=925421

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy