Infinium Global Research Aromatic and Aliphatic Solvents Market | Page 9

A r omatic and Aliphatic Solvents Market Global Industry Analysis, Trends, Market Size & Forecasts to 2023
The market size of Aromatic and Aliphatic Solvents is determined based on the top
down approach. The market size is validated using primary interview with the
participants working in some of the leading players in the Aromatic and Aliphatic
Solvents market. The primary interview participants typically includes managers
and CXO level executives of the leading players in this market. The primary
interviews not only help identify the market size of the Aromatic and Aliphatic
Solvents market but also identify the factors that promote the growth in the
market and the factors that restrain the growth in this market. The views of
primary respondents were reconciled to provide qualitative analysis of the
Aromatic and Aliphatic Solvents market. The primary respondents also help
identifying top 5-10 players and their possible market share in the respective
country markets and in world market. The bottom-up approach is used to validate
the global market size of Aromatic and Aliphatic Solvents. With the help of primary
interviews and secondary research the market size of Aromatic and Aliphatic
Solvents is determined for each country studied, which then is added to arrive at
regional market size and thereby obtaining global market size. This in turn helps us
to validate the market size of Aromatic and Aliphatic Solvents in the world market.
EXECUTIVE SUMMARY
GLOBAL AROMATIC AND ALIPHATIC SOLVENTSMARKET HIGHLIGHTS, (USD
BILLION)
Aromatic and aliphatic solvents are hydrocarbon solvents. Aromatic solvents have a
ring structure similar to benzene and they are manufactured by distilling coal tar or
petroleum. The processes such as catalytic hydrogenation & alkylation and catalytic
reforming & steam cracking are also utilized for the production of aromatic
solvents. Benzene, diethyl benzene, phenol, toluene, and xylene are some of the
major aromatic solvents. Aromatic solvents find application in industries such as
adhesives, cleaners, oilfield chemicals, paints, pharmaceuticals, printing inks,
textiles, and varnish. Aromatic solvents also find application as chemical
intermediates, corrosion inhibitors, degreasers, diluents, and extractors. Aromatic
solvents have very high solvency rates and it helps in formation of homogenous
solutions. It finds application as an agent for speeding up the drying process of
lacquer based paints. Toluene has the major share of demand among the aromatic
solvents. Aliphatic solvents possess a straight-chain structure of paraffinic
compounds. Heptane, hexane, gasoline, kerosene, lacquer diluents, mineral spirits,
and naphtha are some of the major aliphatic solvents. Aliphatic solvents find
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