| Product Code: ETC13236680 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Aliphatic Solvents Market was valued at USD 1.8 Billion in 2024 and is expected to reach USD 4.1 Billion by 2031, growing at a compound annual growth rate of 12.70% during the forecast period (2025-2031).
The Global Aliphatic Solvents Market is experiencing steady growth driven by the increasing demand from various end-use industries such as paints and coatings, pharmaceuticals, and automotive. These solvents, derived from aliphatic hydrocarbons, are known for their low toxicity and excellent solvency properties, making them ideal for use in various applications. The market is also influenced by stringent environmental regulations promoting the use of eco-friendly solvents, further propelling the demand for aliphatic solvents. North America and Europe are key regions in the market due to the presence of major manufacturers and stringent regulations regarding solvent emissions. The market is characterized by intense competition among key players such as Exxon Mobil, Royal Dutch Shell, and SK Global Chemical, who are focusing on product innovation and strategic partnerships to maintain their market position.
The Global Aliphatic Solvents Market is experiencing growth due to increasing demand from industries such as paints and coatings, adhesives, and printing inks. The shift towards environmentally friendly solvents, such as low-VOC aliphatic solvents, is a key trend driving market growth as companies focus on sustainability. Additionally, the growing construction and automotive sectors are providing opportunities for market expansion. Manufacturers are also investing in research and development to innovate and introduce new products with improved performance characteristics, further fueling market growth. The Asia-Pacific region is expected to witness significant growth in the aliphatic solvents market due to rapid industrialization and infrastructure development in countries like China and India. Overall, the market is poised for steady growth with opportunities for innovation and expansion in various end-use industries.
In the Global Aliphatic Solvents Market, challenges such as fluctuating crude oil prices affecting the cost of raw materials, strict environmental regulations pushing for the adoption of sustainable alternatives, and the increasing shift towards bio-based solvents are prominent. Additionally, the market faces competition from alternative solvents such as aromatic solvents and growing concerns regarding the health impacts of certain aliphatic solvents, leading to a demand for safer and more eco-friendly options. Adapting to these challenges requires companies in the market to invest in research and development for innovative solutions, enhance their sustainability practices, and closely monitor regulatory developments to ensure compliance while meeting customer demands for high-performance solvents.
The Global Aliphatic Solvents Market is primarily driven by the increasing demand from end-use industries such as paints and coatings, adhesives, pharmaceuticals, and agriculture. The growth in construction activities worldwide has led to a surge in the demand for paints and coatings, which in turn drives the market for aliphatic solvents used as thinners and solvents in these applications. Additionally, the expanding automotive industry, coupled with stringent environmental regulations promoting the use of eco-friendly solvents, is boosting the market growth. The versatility of aliphatic solvents, their low toxicity, and high solvency power further contribute to their growing popularity across various industrial sectors, driving the global market for aliphatic solvents.
Government policies related to the Global Aliphatic Solvents Market focus on regulations aimed at reducing environmental impact and promoting sustainability. These policies typically include restrictions on volatile organic compound (VOC) emissions, guidelines for safe handling and disposal of solvents, as well as requirements for manufacturers to adhere to specific health and safety standards. Additionally, governments are increasingly incentivizing the use of bio-based aliphatic solvents as a more eco-friendly alternative to traditional petroleum-based solvents. Compliance with these regulations is crucial for companies operating in the aliphatic solvents market to ensure sustainable practices and maintain market competitiveness in an evolving regulatory landscape.
The Global Aliphatic Solvents Market is expected to witness steady growth over the forecast period, driven by increasing demand from various end-use industries such as paints and coatings, adhesives, and cleaning products. The market is projected to be positively influenced by the rising construction activities and infrastructure development worldwide, leading to a surge in demand for solvents for coatings and adhesives applications. Additionally, the growing automotive industry and expanding manufacturing sector are anticipated to further boost the demand for aliphatic solvents. However, factors such as stringent environmental regulations and the shift towards eco-friendly alternatives may pose challenges to market growth. Overall, technological advancements and innovation in product development are likely to create new opportunities for market expansion in the coming years.
In the global aliphatic solvents market, Asia is expected to lead in terms of consumption and production, driven by the rapid industrialization and increasing demand from key end-use industries such as paints and coatings, adhesives, and pharmaceuticals. North America and Europe are anticipated to witness steady growth, supported by stringent regulations promoting the use of low-VOC solvents and a focus on sustainability. In the Middle East and Africa region, growth is likely to be driven by the expanding construction and automotive sectors. Latin America is poised for moderate growth due to growing investments in infrastructure and automotive industries. Overall, increasing demand for environmentally friendly solvents and technological advancements are expected to drive the global aliphatic solvents market across these regions.
Global Aliphatic Solvents Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Aliphatic Solvents Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Aliphatic Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Global Aliphatic Solvents Market - Industry Life Cycle |
3.4 Global Aliphatic Solvents Market - Porter's Five Forces |
3.5 Global Aliphatic Solvents Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Aliphatic Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Aliphatic Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Aliphatic Solvents Market Trends |
6 Global Aliphatic Solvents Market, 2021 - 2031 |
6.1 Global Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Aliphatic Solvents Market, Revenues & Volume, By Paints & Coatings, 2021 - 2031 |
6.1.3 Global Aliphatic Solvents Market, Revenues & Volume, By Cleaning & Degreasing, 2021 - 2031 |
6.1.4 Global Aliphatic Solvents Market, Revenues & Volume, By Adhesives, 2021 - 2031 |
6.1.5 Global Aliphatic Solvents Market, Revenues & Volume, By Aerosols, 2021 - 2031 |
6.1.6 Global Aliphatic Solvents Market, Revenues & Volume, By Rubbers & Polymers, 2021 - 2031 |
6.1.7 Global Aliphatic Solvents Market, Revenues & Volume, By Printing Inks, 2021 - 2031 |
6.1.8 Global Aliphatic Solvents Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Aliphatic Solvents Market, Overview & Analysis |
7.1 North America Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
7.2 North America Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Aliphatic Solvents Market, Overview & Analysis |
8.1 Latin America (LATAM) Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Aliphatic Solvents Market, Overview & Analysis |
9.1 Asia Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Aliphatic Solvents Market, Overview & Analysis |
10.1 Africa Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Aliphatic Solvents Market, Overview & Analysis |
11.1 Europe Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Aliphatic Solvents Market, Overview & Analysis |
12.1 Middle East Aliphatic Solvents Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Aliphatic Solvents Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Aliphatic Solvents Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Aliphatic Solvents Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Aliphatic Solvents Market Key Performance Indicators |
14 Global Aliphatic Solvents Market - Export/Import By Countries Assessment |
15 Global Aliphatic Solvents Market - Opportunity Assessment |
15.1 Global Aliphatic Solvents Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Aliphatic Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Aliphatic Solvents Market - Competitive Landscape |
16.1 Global Aliphatic Solvents Market Revenue Share, By Companies, 2024 |
16.2 Global Aliphatic Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |