$5.41 Billion Aliphatic Hydrocarbon Solvents & Thinners Market by Type & Application - Global Forecast to 2026 - High Growth in the Paints & Coatings Industry - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Aliphatic Hydrocarbon Solvents & Thinners Market - Global Forecast to 2026" report to their offering.

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.

The varnish makers & paints naphtha segment contributed the largest share in 2015 and is projected to be the largest segment in the aliphatic hydrocarbon solvents & thinners market, by type, from 2016 to 2026. The properties of varnish makers & painter's naptha make it a preferred solvent for various end-user industries, majorly the paints & coatings industry.

The paints & coatings segment is the fastest-growing application segment of the global aliphatic hydrocarbon solvents & thinners market. High demand of paints & coatings from industries such as automotive, building & construction, and others have boosted the demand of aliphatic hydrocarbon solvents & thinners due to their versatile properties.

Companies Mentioned

  • Calumet Specialty Products Partners
  • Exxonmobil Chemical
  • Ganga Rasayanie (P) Ltd
  • Gotham Industries
  • Gulf Chemicals and Industrial Oils Company
  • Haltermann Carless
  • Heritage Crystal Clean
  • NOCO Energy Corporation
  • Phillips 66
  • Pure Chemicals Co.
  • RB Products, Inc.
  • Recochem Inc.
  • Royal Dutch Shell PLC
  • Safra Co. Ltd.
  • SK Global Chemical Co. Ltd.
  • Solvchem Inc.
  • W.M. Barr & Company Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Aliphatic Hydrocarbon Solvents & Thinners Market, By Type

8 Aliphatic Hydrocarbon Solvents & Thinners Market, By Application

9 Aliphatic Hydrocarbon Solvents & Thinners Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/twdkz6/aliphatic

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Petrochemicals, Paints and Coatings, Paints and Coatings, Solvents

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Petrochemicals, Paints and Coatings, Paints and Coatings, Solvents