DE-AROMATIC SOLVENTS MARKET ANALYSIS

De-Aromatic Solvents Market, (Paints & Coatings, Metal Working, Industrial Cleaning, Adhesives & Sealants, Drilling Fluids, Consumer Products, Others (Chemical Intermediates, crop protection, etc.)), By Flash Point (Low Flash Point (<410C), Medium Flash Point (410C – 800C), High Flash Point (>800C)), By Boiling Point (Type 1(1500C–2000C), Type 2(2000C–2400C), Type 3(2400C)). By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2023
Code : CMI3577
Pages :120
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Regional Analysis

Global De-Aromatic Solvents Market: Regional Analysis

On basis of the region, Asia Pacific region dominated the global evaporation material market, in 2012, accounting for 30% share in terms of volume, followed by North America and Europe respectively. The Asia Pacific construction sector is expanding as a result of rising population, fast urbanization, and industrialization. The region's expanding construction demand has resulted in a spike in the paints and coatings industry, which has contributed to the overall expansion of the aromatic solvents market. Furthermore, expanding industrial development, particularly in China, India, and Japan, will drive market expansion throughout the evaluation period.

Due to the rising demand from numerous end use industries in the region, North America dominant the second-largest position in the market for De-Aromatic Solvents.

Figure 2. Global De-Aromatic Solvents Market, By Region, 2022