Special Boiling Point Solvents Market Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
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Special Boiling Point Solvents Market size is forecast to reach $1.5 billion by 2026, after growing at a CAGR of 3.4% during 2021-2026. Globally, increasing uses of special boiling points solvents for rubber & tire manufacturing, printing, paints and coatings, and others, is rising the growth of the special boiling points solvents industry. Toluene is a special boiling point solvent that is used as the ink solvent in magazine printing and labeling and also it is easily recycled. Special boiling points solvents such as petroleum ether, VM & N naphtha, toluene, rubber solvent, and others are used as cleaning and degreasing agents and significant in extraction of aromatics, vegetable fats & oils, and others. Special boiling point solvents are providing long-lasting protection in all-weather conditions to paint & coatings. Thus, surging demand for paint & coatings is expected to drive the special boiling point solvents market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways Asia Pacific dominated the special boiling point solvents market due to increasing demand for paint & coatings with booming construction and automotive sector in developing countries such as India and China. Special boiling point solvent is widely used for adhesives, rubber solvent, paint, thinner, print ink, pharmaceutical and cosmetic products, VM & N naphtha, petroleum ether, and others, which is likely to aid the market growth. Additionally, due to strict regulation towards environments to reduce the production of a volatile organic compound containing products such as printing inks and solvent-based paints, will create hurdles for the special boiling points solvents industry. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis VM & N naphtha solvent base segment held the largest share in the global special boiling point solvents market in 2020. VM & N naphtha stands for varnish maker and printer, which is used as cleaning agents for adhesives, rubber, inks paints, and other applications. It is an excellent thinner for oil-based paint and machine parts. It has a high cycloparaffin content which obtains high solvency rates and a faster evaporation rate than normal paint thinner (100% mineral spirits). VM & P naphtha is a medium evaporating (low boiling point solvent) hydrocarbon solvent, which has increased demand in paints & coatings thus, it is expected to play a major role as a special boiling point solvent. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Special Boiling Point Solvents Market Industry Outlook • Bajrang Petrochemicals • Banner Chemical Group • BASF SE • Bharat Petroleum Corporation Limited. Calumet Specialty Products Partners LP • CEPSA • DHC Solvent Chemie GmbH • HCS Group GmbH. • Exxonmobil Chemical • Ganga Rasayanie (P) Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Special Boiling Point Solvents Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026 Learn More About the Report
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