Growth of the De-Aromatic Solvents Market Is Mainly Driven by Increasing Awareness Regarding the Negative Environmental Impact of Traditional Solvents
De-aromatic solvents are a class of hydrocarbon solvents
characterized by the presence of naphthenic, iso-paraffinic, and paraffinic
with very low aromatic content. They are an effective alternative to
conventional solvents due to their less VOC (volatile organic compound) content
and toxicity. Thus, there is an increasing demand for de-aromatic solvents, as replacement
of traditional solvents, due to its less VOC content and toxicity. This in turn
is expected to drive the growth of the de-aromatic solvents market. Moreover,
increasing awareness among people about the negative environmental impact of
solvents is also propelling the de-aromatic solvents market growth. For
instance, the United States and European Union have framed policies for solvent
use to prevent VOC emissions that are released into the atmosphere.
Moreover, de-aromatic solvents are used to manufacture
mosquito repellents and de-aromatic insecticides. These solvents are widely
used in consumer products, drilling fluids, adhesives and sealants, printing
ink solvents, industrial and institutional cleaning, metalworking fluids, and
paints and coatings due to their less VOC content. Thus, due to the increasing
applications, there is an increasing demand for de-aromatic solvents worldwide.
For instance, Exxon Mobil expanded its global hydrocarbon fluids capacity by
250,000 tons per year to meet the increasing demand. The company produces a wide
range of de-aromatic solvents in its facilities located in Antwerp and
Singapore. Thereby propelling the de-aromatic solvents market growth.
De-aromatic solvents are much safer as compared to
conventional solvents and are consider as environmentally friendly products
that have a less impact on the environmental. Moreover, they are widely used in
railways, marine, and automotive. Arsenic, chloride, and carbonate are some of
commonly used de-aromatized solvents with a wide range of applications,
including bacterial separation, prebiotic chemistry, and industrial
productions. Furthermore, d-aromatic solvents have their own characteristics
that make them suitable for specific uses. Thus, d-aromatic solvents market has increased, especially across the paint and coating sector, due to
increasing awareness regarding the negative environmental impact of traditional
solvents.
The aforementioned factors are expected to accelerate the
d-aromatic solvents market growth. Furthermore, the growth of the d-aromatic
solvents market is driven by the booming end-user industry of de-aromatic
solvents, especially in developing region. However, fluctuating prices of raw
materials, such as Naphtha, used to manufacture de-aromatized solvents and
growing demand for green products that are manufactured using bio-based raw
materials are some major factors expected to restrain the growth of the
d-aromatic solvents market.
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