Global De-aromatic Solvents Market, 2016 - 2022
De-aromatic solvents, also called dearomatized hydrocarbon solvents or ultra-low aromatic solvents, are a class of hydrocarbon solvents that are characterized by the presence of paraffinic, iso-paraffinic, and naphthenic components with very low aromatic content (<2%). De-aromatic solvents are of three types, namely low flash point, medium flash point, and high flash point. These dearomatized hydrocarbon solvents find application in various industries and are used as solvents for printing inks, paints & coatings, metal working fluids, industrial and institutional cleaning, adhesives and sealants, drilling fluids, and in consumer products. They are effective alternatives to conventional solvents such as mineral spirits and mineral turpentine.
Global sales revenue of the global de-aromatic solvents market is expected to increase at a CAGR of 5.9% over the forecast period, to reach US$ 2,198.5 Mn by 2022.