The aliphatic hydrocarbon solvents & thinners market size was USD 4.10 billion in 2024 and is expected to reach USD 5.58 billion by 2032, growing at a CAGR of 3.94% % over the forecast period of 2025-2032.
Aliphatic hydrocarbon solvents & thinners market analysis highlights that the increasing demand for printing inks is a key driver of market growth. The demand is primarily driven by the increasing demand for printing inks. The growth in Asia Pacific is primarily driven by the increasing growth of the packaging industry in the food & beverage, cosmetics, and e-commerce industries, where high-quality printing is in high demand for branding and product details. Aliphatic hydrocarbon solvents can be the most competent carriers in printing inks, owing to their outstanding solvency, fast-drying properties, and compatibility with different ink systems. It has printing solutions are being sought after that provide a more efficient and affordable option. This process and usage may drive the aliphatic hydrocarbon solvents & thinners market growth.
According to the Annual Survey of Industries (ASI) 2022–2023 by the Ministry of Statistics and Programme Implementation (MoSPI), the manufacturing sector encompassing paints, varnishes, and similar coatings, including printing ink, has shown notable activity.
In October 2022, Nazdar Ink Technologies, a manufacturer of screen and digital inks, announced the launch of Nazdar 2131 Series Solvent Inkjet Inks, offering exceptional quality for Mutoh ValueJet digital printers, ideal for environments requiring low-odor inks.
Drivers:
Rise in DIY and Household Cleaning Products Drives the Market Growth
As an increasing number of consumers are doing at-home home enhancement, such as painting and upkeep tasks, consumer-appropriate and effective solvent-based products are in high demand. Aliphatic hydrocarbon solvents are staple ingredients in household thinners, industrial paint thinners, adhesives, and cleaning agents due to their low odor, fast evaporation, and relatively benign handling properties against more aggressive counterparts. Moreover, the accelerated trend toward hyper hygiene and cleanliness has bolstered the consumption of degreaser and surface cleaner household products. Moreover, aliphatic hydrocarbon solvents & thinners companies are focused on the partnership and new launches to increase their business in the market.
As of July 2024, Calumet Specialty Products Partners transitioned from a master limited partnership to a C-Corporation. This strategic shift will help broaden its investor universe, provide greater access to capital markets, and support the company's growth in specialty products and renewables.
Restraints:
Limited Product Innovation in Conventional Solvent Lines May Hamper Market Growth
This is emerging as one of the major restraints in the aliphatic hydrocarbon solvents & thinners market, where limited product innovation in conventional solvent lines is becoming increasingly important. With paints & coatings, adhesives, and cleaning products industries changing rapidly with demanding performance, safety & sustainability requirements, traditional aliphatic solvents find it difficult to catch up. For the longest time, formulations in this category have remained relatively stagnant over the years, and have neither the sophisticated performance nor the environmental benefits now expected by end-users. While the appeal of aliphatic hydrocarbon solvents has continued its decades-long stagnation, newer, environmentally-friendly alternatives, such as bio-based or water-based solvents, with lower toxicity and improved regulatory acceptance, have since come along, making aliphatic hydrocarbon solvents appear less attractive by comparison.
Opportunities:
Technological Advancements in Application Techniques Create Opportunities in the Market
Increasing technological advancement, in the aliphatic hydrocarbon solvents & thinners market due to the emerging solvent application technologies. It includes high-efficiency spray systems, precision dispensing technologies, and automated coating systems, enabling more effective and reproducible usage of solvents in many areas of industry. Such improvements not only enhance the efficiency of solvent usage but also minimize waste and the number of chemicals needed for solvent-reconcentration applications in industrial settings. In addition, solvent dispersion is improved by the development of new equipment and techniques, ensuring a more uniform coating and finish of internal and external surfaces of parts, particularly in the automotive, aerospace, and electronics industries, which increase the aliphatic hydrocarbon solvents & thinners market trends.
In April 2025, ExxonMobil partnered with Cyclyx and Jefferson County to initiate a county-wide plastic recycling program. Such partnerships is one strategy that ExxonMobil is implementing as a part of a larger strategy to support recycling infrastructure and the circular economy.
By Type
Mineral spirits held the largest aliphatic hydrocarbon solvents & thinners market share, around 31%, in 2024. It is due to the widespread use in paints & coatings, cleaning, and degreasing, which dissolve oils, fats, and resins. They have a low odor and evaporate at a moderate rate, and can be handled relatively safely, making them suitable for industrial and household applications. Mineral spirits are commonly used in the automotive, construction, and home improvement industries for tool cleaning, paint thinning, and grease removal. Moreover, they are the most efficient solvents, and availability at lower prices also strengthens their position as the leading solvent.
Hexane held a significant market share due to its application as a solvent that can be used in various industrial purposes, such as the vegetable oils extraction process to extract vegetable oils and utilization for adhesives & coatings formulation. As such, it is an indispensable component in food processing, pharmaceuticals, and, more generally, the chemical industry due to its versatile solvent action, able to dissolve many kinds of oil, resin, and wax. With the rising demand for edible oils globally, soy and corn oil extraction is identified as one of the biggest application areas of hexane.
By Application
Paints & Coatings held the largest market share of around 28%, in 2024. The segment’s growth is driven by the importance of solvents in paints & coatings formulation and application. Hydrocarbon solvents, either aliphatic (principally mineral spirits, hexane, and others), to dissolve resins, and pigments, among others, are other components that can be utilized to create smooth, even coatings. These solvents are vital for modifying the viscosity of paints and coatings to enhance flow and leveling, enabling optimal application in sectors, such as construction, automotive, and industrial manufacturing.
Cleaning & Degreasing held a significant market share due to the widespread use of aliphatic solvents, such as mineral spirits and hexane in industrial and household cleaning products. These solvents are highly effective at breaking down grease, oil, wax, and other contaminants, making them ideal for degreasing metal parts in manufacturing, automotive maintenance, and machinery servicing.
Asia Pacific held the largest market share, around 41%, in 2024. The growth is driven by its rapidly expanding industrial base, construction activity, and its major end-use sectors, which include paints & coatings, adhesives, automotive, and many more end-user sectors. The rapid economic growth in countries such as China, India, Japan, and South Korea has resulted in significant investments in infrastructure development, urban housing projects, and manufacturing facilities, which are considerable consumers of aliphatic solvents. Furthermore, the regional growing automotive and electronics industries demand high volumes of cleaning agents, degreasers, and coating materials that use these solvents.
The Chinese government included a USD 4.2 trillion investment directed to transport, energy, water, and urbanization projects as part of its 14th Five-Year Plan (2021–2025). Such large-scale infrastructure development has generated demand for construction materials, including paints and coatings based on aliphatic hydrocarbon solvents.
North America held a significant market share and is the fastest-growing segment in the forecast period. It is owing to an industrially developed area with an immense market of end-use industries. The region, especially the U.S., has developed construction and automotive sectors and a dependence on aliphatic solvents for surface preparation, degreasing, and protective coatings. In addition, residential remodeling, commercial real estate developments, and do-it-yourself (DIY) home improvement trends continue their gradual rise, increasing product demand in household applications for solvent-based materials.
The U.S aliphatic hydrocarbon solvents & thinners market size was valued at USD 830 million in 2024 and is expected to reach USD 1.244 million by 2032 and grow at a CAGR of 5.20% over the forecast period of 2025-2032. The growth is driven by its wide and varied industrial base, along with the high demand for paints & coatings, cleaning agents, and adhesives in various sectors. Demand is primarily driven by the U.S. construction and automotive industries; both industrial sectors are well-established and seek to sustain their businesses through continuous renovation, infrastructure modernization, and vehicle manufacturing.
According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for coating, painting, and spraying machine setters, operators, and tenders was USD 47,590 in May 2024. There are expected to be about 16,900 openings over the decade across the industry year so it will maintain a steady demand.
Europe held a significant market share in the forecast period. It is due to the highly established industrial infrastructure in the region, along with the stringent environmental regulations and increased consumption of aliphatic hydrocarbon solvents & thinners mainly from the paints & coatings, automotive, and cleaning sectors. Aliphatic solvents are primarily used for applications such as degreasing and surface preparation, and protective coating, and as a result, the leading automotive and construction industries are present in countries such as Germany, France, the U.K., and Italy.
According to the European Chemical Industry Council, the chemical sector is a pillar of EU manufacturing, a sector in which the EU27 has more than 29000 companies. Manufacturing employment in the chemicals sector (including pharmaceuticals, rubber, and plastics) accounted for 12.3% of total EU27 manufacturing employment.
The key players operating in the market are ExxonMobil Corporation, Royal Dutch Shell Plc, TotalEnergies SE, Chevron Phillips Chemical Company, LyondellBasell Industries Holdings B.V., Recochem Inc., BASF SE, Calumet Specialty Products Partners, L.P., Gotham Industries, and W.M. Barr & Company, Inc.
In August 2023, PPG Industries launched a Center of Excellence with an investment of USD 2.6 million at its Quattordio site in Italy. It further reflects the company's commitment to being not only the leader in the aliphatic hydrocarbon solvents and thinners market.
In June 2023, Henkel erected a site for a new adhesive technologies business unit manufacturing facility at Yantai Chemical Industry Park, China, at an investment of about EUR 135.33 million. Through this expansion, Henkel strengthens its production and supply capabilities in the country to meet the rising demand for adhesives in the market.
| Report Attributes | Details |
| Market Size in 2024 | USD 4.10 Billion |
| Market Size by 2032 | USD 5.58 Billion |
| CAGR | CAGR of3.94% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Type (Varnish makers and painters, Mineral Spirits, Hexane, Heptane, Others) • By Application (Paints & Coatings, Cleaning & Degreasing, Adhesives, Aerosols, Rubbers & Polymers, Printing Inks, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | ExxonMobil Corporation, Royal Dutch Shell Plc, TotalEnergies SE, Chevron Phillips Chemical Company, LyondellBasell Industries Holdings B.V., Recochem Inc., BASF SE, Calumet Specialty Products Partners, L.P., Gotham Industries, W.M. Barr & Company, Inc. |
Ans: The Aliphatic Hydrocarbon Solvents & Thinners Market was valued at USD 4.10 billion in 2024.
Ans: The expected CAGR of the global Aliphatic Hydrocarbon Solvents & Thinners Market during the forecast period is 3.94%
Ans: Mineral Spirits will grow rapidly in the Aliphatic Hydrocarbon Solvents & Thinners Market from 2025 to 2032.
Ans: Rise in DIY and household cleaning products drives the market growth.
Ans: Asia Pacific led the Aliphatic Hydrocarbon Solvents & Thinners Market in the region with the highest revenue share in 2024.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization by Country, By Type, 2024
5.2 Feedstock Prices by Country, and Type, 2024
5.3 Regulatory Impact by Country and By Type 2024.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives by Region
5.5 Innovation and R&D, Type, 2024
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Aliphatic Hydrocarbon Solvents & Thinners Market Segmentation By Type
7.1 Chapter Overview
7.2 Varnish makers and painters
7.2.1 Varnish makers and painters Trend Analysis (2021-2032)
7.2.2 Varnish makers and painters Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Mineral Spirits
7.3.1 Mineral Spirits Market Trends Analysis (2021-2032)
7.3.2 Mineral Spirits Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Hexane
7.4.1 Hexane Market Trends Analysis (2021-2032)
7.4.2 Hexane Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Heptane
7.5.1 Heptane Market Trends Analysis (2021-2032)
7.5.2 Heptane Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Others
7.6.1 Others Market Trends Analysis (2021-2032)
7.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Aliphatic Hydrocarbon Solvents & Thinners Market Segmentation By Application
8.1 Chapter Overview
8.2 Paints & Coatings
8.2.1 Paints & Coatings Market Trends Analysis (2021-2032)
8.2.2 Paints & Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cleaning & Degreasing
8.3.1 Cleaning & Degreasing Market Trends Analysis (2021-2032)
8.3.2 Cleaning & Degreasing Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Adhesives
8.4.1 Adhesives Market Trends Analysis (2021-2032)
8.4.2 Adhesives Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Aerosols
8.5.1 Aerosols Market Trends Analysis (2021-2032)
8.5.2 Aerosols Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Rubbers & polymers
8.6.1 Rubbers & polymers Market Trends Analysis (2021-2032)
8.6.2 Rubbers & Polymers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Printing inks
8.7.1 Printing Inks Market Trends Analysis (2021-2032)
8.7.2 Printing Inks Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2021-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.2.3 North America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.4 North America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.5.2 USA Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.6.2 Canada Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.7.2 Mexico Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3 Europe
9.3.1 Trends Analysis
9.3.2 Europe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.3.3 Europe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.4 Europe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.5 Germany
9.3.5.1 Germany Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.5.2 Germany Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.6 France
9.3.6.1 France Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.6.2 France Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.7 UK
9.3.7.1 UK Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.7.2 UK Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.8 Italy
9.3.8.1 Italy Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.8.2 Italy Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.9 Spain
9.3.9.1 Spain Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.9.2 Spain Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.10 Poland
9.3.10.1 Poland Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.10.2 Poland Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.11 Turkey
9.3.11.1 Turkey Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.11.2 Turkey Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.12 Rest of Europe
9.3.12.1 Rest of Europe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.12.2 Rest of Europe Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.4.3 Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.4 Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 China Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 India Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 Japan Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.6.2 South Korea Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.7 Singapore
9.4.7.1 Singapore Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.7.2 Singapore Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
8.4.8 Australia
8.4.8.1 Australia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
8.4.8.2 Australia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.9 Rest of Asia Pacific
9.4.9.1 Rest of Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.9.2 Rest of Asia Pacific Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5 Middle East & Africa
9.5.1 Trends Analysis
9.5.2 Middle East & Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.5.3 Middle East & Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.4 Middle East & Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.5 UAE
9.5.5.1 UAE Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.5.2 UAE Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.6 Saudi Arabia
9.5.6.1 Saudi Arabia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.6.2 Saudi Arabia Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.7 Qatar
9.5.7.1 Qatar Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.7.2 Qatar Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.8 South Africa
9.5.8.1 South Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.8.2 South Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.9 Middle East & Africa
9.5.9.1 Middle East & Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.9.2 Middle East & Africa Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.6.3 Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.4 Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.5.2 Brazil Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.6.2 Argentina Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.7 Rest of Latin America
9.6.7.1 Rest of Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.7.2 Rest of Latin America Aliphatic Hydrocarbon Solvents & Thinners Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10. Company Profiles
10.1 ExxonMobil Corporation
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 Royal Dutch Shell Plc
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 TotalEnergies SE
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Chevron Phillips Chemical Company
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 LyondellBasell Industries Holdings B.V.
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 Recochem Inc.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 BASF SE
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Calumet Specialty Products Partners, L.P.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 Gotham Industries
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 W.M. Barr & Company, Inc.
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Type
Varnish makers and painters
Mineral Spirits
Hexane
Heptane
Others
By Application
Paints & Coatings
Cleaning & Degreasing
Adhesives
Aerosols
Rubbers & polymers
Printing inks
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
