Product Code: ETC029520 | Publication Date: Aug 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market experienced steady growth during the period 2020-2026. Aliphatic solvents and thinners are widely used in various industries, including paints and coatings, adhesives, cleaning agents, and pharmaceuticals. The market`s expansion was driven by factors such as the UAE booming construction and infrastructure sector, the growth of the automotive industry, and the increasing demand for industrial and consumer products.
Several factors acted as drivers for the growth of the UAE aliphatic solvents and thinners market. Firstly, the construction and infrastructure projects in the UAE led to a higher demand for paints, coatings, and adhesives, which are major applications of aliphatic solvents and thinners. Secondly, the automotive industry`s growth and the demand for automotive paints and coatings further contributed to market expansion. Additionally, the increasing use of cleaning agents and solvents in various industries boosted the market`s growth.
The market also encountered specific challenges during the forecast period. One of the primary challenges was the volatility in raw material prices, especially crude oil, which impacts the production costs for aliphatic solvents and thinners manufacturers. Moreover, the need for environmental sustainability and regulatory compliance regarding volatile organic compound (VOC) emissions posed challenges for certain solvent types. Additionally, the Covid-19 pandemic led to temporary disruptions in industrial activities and supply chains, affecting the demand and distribution of aliphatic solvents and thinners.
The outbreak of the Covid-19 pandemic had a mixed impact on the UAE aliphatic solvents and thinners market. During the initial stages of the pandemic, industrial and construction activities faced slowdowns due to lockdowns and restrictions, leading to a decline in demand for aliphatic solvents and thinners. However, as economic activities gradually resumed and construction projects continued, the demand for these products picked up. The pandemic also emphasized the need for safety and hygiene, leading to increased use of cleaning agents and solvents.
Several key players dominated the UAE aliphatic solvents and thinners market during the specified period. These companies were involved in the manufacturing and supply of a wide range of aliphatic solvents and thinners to cater to various industries. Some of the prominent players included Exxon Mobil Corporation, Royal Dutch Shell plc, Chevron Phillips Chemical Company, and LyondellBasell Industries N.V. These companies` presence, technical expertise, and commitment to sustainability and innovation contributed to their significant market share in the UAE.
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 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, 2020 & 2030F |
3.3 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Trends |
6 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market, By Types |
6.1 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Varnish Makers & Painters Naphtha, 2020-2030F |
6.1.4 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Mineral Spirits, 2020-2030F |
6.1.5 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Hexane, 2020-2030F |
6.1.6 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Heptane, 2020-2030F |
6.1.7 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Others, 2020-2030F |
6.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Paints & Coatings, 2020-2030F |
6.2.3 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Cleaning & Degreasing, 2020-2030F |
6.2.4 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Adhesives, 2020-2030F |
6.2.5 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Aerosols, 2020-2030F |
6.2.6 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Rubbers & polymers, 2020-2030F |
6.2.7 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenues & Volume, By Printing inks, 2020-2030F |
7 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Imports from Major Countries |
8 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Key Performance Indicators |
9 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Revenue Share, By Companies, 2023 |
10.2 United Arab Emirates (UAE) Aliphatic Solvents and Thinners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |