Global De-Aromatic Solvents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Aliphatic Solvents, Cycloaliphatic Solvents, and Other.

By Application;

Paints & Coatings , Metal Working, Industrial Cleaning, Adhesives & Sealants, Drilling Fluids, Consumer Products, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn157621322 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global De-Aromatic Solvents Market (USD Million), 2021 - 2031

In the year 2024, the Global De-Aromatic Solvents Market was valued at USD 134.75 million. The size of this market is expected to increase to USD 183.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The global de-aromatic solvents market is a dynamic segment within the chemical industry, focused on solvents that have been specifically refined to remove aromatic hydrocarbons. These solvents, which include aliphatic hydrocarbons and paraffinic solvents, are valued for their lower toxicity and reduced environmental impact compared to their aromatic counterparts. The de-aromatic solvents are essential in various applications, ranging from industrial cleaning and paint formulations to adhesives and coatings. As industries seek safer and more sustainable alternatives to traditional aromatic solvents, the demand for de-aromatic solvents is increasing, driven by both regulatory pressures and consumer preferences for greener products.

The market for de-aromatic solvents is influenced by several key factors, including stringent environmental regulations and the growing emphasis on workplace safety. Regulatory bodies across different regions are imposing stricter limits on the use of aromatic solvents due to their potential health risks and environmental concerns. As a result, companies are transitioning to de-aromatic solvents to comply with these regulations and meet the demands of environmentally conscious consumers. This shift is particularly notable in sectors such as automotive, construction, and consumer goods, where the adoption of low-emission and low-toxicity solvents is becoming a standard practice.

The growth of the global de-aromatic solvents market is also supported by advancements in production technologies and increasing research and development activities. Innovations in solvent processing and formulation are enhancing the performance and efficiency of de-aromatic solvents, making them more competitive with traditional aromatic options. Additionally, the expansion of end-use industries in emerging markets presents significant opportunities for market growth. As these regions industrialize and adopt stricter environmental standards, the demand for de-aromatic solvents is expected to rise, further driving the market's development and offering new avenues for investment and expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global De-Aromatic Solvents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Environmental Regulations and Safety Standards
        2. Growing Demand for Low-Toxicity and Sustainable Solvents
        3. Expanding Industrial Applications and Technological Advancements
      2. Restraints
        1. High Production Costs and Complex Manufacturing Processes
        2. Limited Awareness and Adoption in Emerging Markets
        3. Competitive Pressure from Traditional Aromatic Solvents
      3. Opportunities
        1. Expansion into Emerging Markets with Growing Industrial Sectors
        2. Innovations in Production Technologies and Product Offerings
        3. Increasing Demand for Green and Eco-Friendly Products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global De-Aromatic Solvents Market, By Type, 2021 - 2031 (USD Million)
      1. Aliphatic Solvents
      2. Cycloaliphatic Solvents
      3. Other
    2. Global De-Aromatic Solvents Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Metal Working
      3. Industrial Cleaning
      4. Adhesives & Sealants
      5. Drilling Fluids
      6. Consumer Products
      7. Others
    3. Global De-Aromatic Solvents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Exxon Mobil Corporation
      2. Royal Dutch Shell plc.
      3. Total S.A.
      4. Idemitsu Kosan Co., Ltd.
      5. Neste Oyj
      6. Calumet Specialty Products Partners, L.P
      7. Gandhar Oil Refinery India Ltd
      8. SK Global Chemical Co. Ltd.,
  7. Analyst Views
  8. Future Outlook of the Market