Aliphatic Hydrocarbon Solvents & Thinners Market worth 5.41 Billion USD by 2026

1. MarketsandMarkets Presents Aliphatic Hydrocarbon Solvents & Thinners Market worth 5.41 Billion USD | Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/aliphatic-hydrocarbon-solvents-and-thinners-market-155300623.html

2. 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. 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. The booming construction industry and the economies in the Middle East region are some of the untapped opportunities for the aliphatic hydrocarbon solvents & thinners industry. Browse 119 market data tables and 34 figures spread through 162 pages and in-depth TOC 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” Download PDF Brochure: Click Here 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.

3. The varnish makers & painters naphtha segment is projected to be the fastest-growing segment of the aliphatic hydrocarbon solvents & thinners market, by type, 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. • 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. • Target Audience • Aliphatic Hydrocarbon Solvents & Thinners Manufacturers • Aliphatic Hydrocarbon Solvents & Thinners Traders, Suppliers, and Distributors • Government and Research Organizations • Associations and Industrial Bodies • Raw Material Suppliers and Distributors • Industry Associations

4. Request for Sample: Click Here • Scope of the Report: • Basis of Type: • Varnish Makers & Painter’s Naphtha • Mineral Spirits • Hexane • Heptane • Basis of Application: • Paints & Coatings • Cleaning & Degreasing • Adhesives • Aerosols • Rubber & Polymer • Printing Inks

5. Industry Leaders: 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. Saint Gobain Abrasives and Detroit Speed, manufacturer of high-quality automotive components, entered into a partnership in 2016. According to this, Saint Gobain is expected to supply Norton Abrasives to Detroit Speed for the company’s refinishing application. Detroit Speed will promote the Norton brand on its website and social media as well as in its product catalogues. Atto Abrasive launched the new Atto Alpha Superfinishing range, which includes bonded mounted points, quick change disks, and polishing wheels. Its application includes surface preparation, deburring, and polishing. In addition, in June 2016, Atto Abrasive launched a new Axiom range of polishing wheels for the saw blade industry. It is available in both rubber and cork bond, and in a number of grit types and grit sizes. It is used for polishing saw blades.

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