EMEA De-aromatic Solvents Market to Register 5% CAGR During 2016 to 2024

De-aromatic solvents are chemically processed and specially formulated solvents, devoid of unsaturated hydrocarbons and aromatics. The role of de-aromatic solvents in the development of a country & its GDP is indispensable owing to its uses in small but critical applications. De-aromatic solvents are characterized by presence of iso-paraffinic, paraffinic & naphthenic components. These type of solvents hold a significant market place in the EMEA (Europe, the Middle East & Africa) region. The EMEA market for de-aromatic solvents is expected to exhibit 5% CAGR during 2016 to 2024 according to a study by Persistence Market Research (PMR).

Soaring Demand from Metal Working Process to Propel the Growth of EMEA De-aromatic Solvents Market

In the application of paints & coatings, desirable properties include less odor, relatively faster drying times and low VOC content and thus low flash point grade de-aromatic solvents are broadly utilized for the production of paints & coatings which is propelling the EMEA market for de-aromatic solvents. Effectiveness of de-aromatized solvents in a wide range of applications along with stringent policies & regulations have resulted in end-users’ inclination towards de-aromatized solvent products, which have relatively low VOC content and are equally effective. Owing to these factors, the demand for de-aromatic solvents is soaring higher. In addition, rising demand from metal working application is also propelling the growth of EMEA de-aromatic solvents market.

De-aromatic Solvents- Good Alternatives to Turpentine & Mineral Spirits

De-aromatic solvents are broadly used in applications such as polish, specialty lubricants, paint industries, rust preventives, pesticides, specialty chemicals, fuel additive, metal degreasing products, agrochemicals, ink industries, lube oil additives, insecticide, fly sprays and as a solvent. Sometimes, de-aromatic solvents are used in flammable products owing to their grades of low as well as medium flash points. The major reason for de-aromatic solvents replacing aromatic solvents is that de-aromatic solvents’ aroma score is less than 2%. De-aromatic solvents possess huge advantage for being good alternatives to turpentine and mineral spirits. Being derived from fossil fuels, major concerns to the market are the exhaustion of resources and overall environmental aspect. Considering these concerns, inclination towards bio-based solvents has been observed currently.

The advantages of De-aromatic Solvents include

  • Low toxicity levels for comparatively high occupational exposure limits, and low odor
  • Narrow range of boiling for optimal combination of drying time and flash point
  • Excellent quality and reliability
  • Extremely low aromatic content for minimizing risks from exposure
  • Broad evaporative range
  • Capability to be tailored with additives

Demand for High Flash Point De-aromatic Solvents to Witness Steady Growth

In the EMEA de-aromatic solvents market, U.K., France, Italy and Germany are expected to hold around 50% of total market value. North African countries are expected to exhibit comparatively faster growth in de-aromatic solvents consumption in the near future. In contrast, mature markets viz. U.K, France & Germany are likely to register relative less growth rate owing to increasing adoption of bio-based solvents and water-based alternatives for some applications. Moreover, the demand for the higher flash point grade of de-aromatic solvents is expected to register steady growth among applications like metal working necessitating use of relatively less corrosive, low odor and less toxic solvents.

For more information visithttp://www.persistencemarketresearch.com/market-research/emea-dearomatic-solvents-market.asp

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