Aliphatic Solvents Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Aliphatic Solvents Market Report is segmented By Type (Hexane, Naphtha, Paraffinic Solvent, Pentane, Acetonitrile, Cyclohexane, Heptane, Others), By Application (Blowing Agents, Polymer Carriers, Extraction Solvents, Adhesive Solvents, Pharmaceutical, Printing Inks, Decorative Coating, Others), By End-User (Automotive, Healthcare, Chemical, Electronics, Agrochemical, Cosmetics Industries, Agriculture, Paints, and Coatings, Building, and Construction, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Aliphatic Solvents Market Overview

150 Pages report analyses the global aliphatic solvents market size, shares, recent trends, competitive intelligence, and future market outlook. Aliphatic solvents usage in healthcare is on the rise. Demand for pharmaceutical, printing Inks in Europe is spiking. The competitive rivalry intensifies with Exxon Mobil, SK global chemical, Shell, and others active in the market.

Aliphatic solvents are in the category of aliphatic compounds that do not contain a benzene ring. They are mixtures of saturated, branched-chain (iso-paraffin), long straight-chain (normal-paraffin), or cyclic paraffin. These solvents are produced by distilling crude oil by the appropriate boiling point range fraction and then treated to improve their color and odor. Moreover, aliphatic solvents are known as aliphatic hydrocarbon solvents and non-aromatic compounds. Since aliphatic solvents are considered to be aliphatic compounds, they contain hydrogen and carbon joined together in branched chains, straight chains, or non-aromatic rings. In addition, the hydrocarbons of the alkene, alkyne, and alkane series are aliphatic compounds, as are fatty acids and many other compounds. Most compounds containing rings are aromatic compounds. Thus, aliphatic compounds are the opposite of aromatic compounds.

Furthermore, their use as diluents or solvents in thinners and paints is widely used in oil extraction, rubber manufacturing, degreasing, and carriers for disinfectants and aerosols. Moreover, kerosene and gasoline are examples of aliphatic hydrocarbon solvents.

Aliphatic Solvents Market Summary

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Aliphatic Solvents Market Dynamics

Increasing demand for aliphatic solvent is expected to increase the market size during the forecast period due to its unique properties, including high absorbency with organic matter, very versatility (can be used in many industries), very low water solubility,y and less toxic than aromatic solvents. Moreover, the increasing demand for paints & coatings is expected to boost the market growth during the forecast period due to enhancement in coatings' properties. It is expected that the global market value of the paints & coatings industry will be USD 178.86 billion in 2025. In addition, increasing construction and reconstruction activities across the globe and rising government expenditure on developing infrastructure are expected to increase demand for paints and coating products, which is expected to support the target market's growth. Furthermore, rapid industrialization in developing and developed countries and the wide applicability of aliphatic solvents in various industry verticals are other significant factors expected to drive market growth during the forecast period.

However, short-term exposure to these solvents may cause euphoria, dizziness, irritation to the skin & eyes, giddiness and nausea & headaches, sometimes resulting in unconsciousness. In addition, long-term effects include headache, muscular weakness, damage to lungs & skin, fatigue, numbness, neurological disorders, and blurred vision; this effect of solvents on the human body is expected to hinder the market growth during the forecast period.

Aliphatic Solvents Market Segment Analysis

By type, the market is segmented into hexane, naphtha, paraffinic solvent, pentane, acetonitrile, cyclohexane, heptane, and others. By application, the market is segmented into blowing agents, polymer carriers, extraction solvents, adhesive solvents, pharmaceuticals, decorative coatings, printing inks, and others. By end-user, the market is segmented into healthcare, chemical, electronics, agrochemical, paints & coatings, cosmetics industries, agriculture, automotive, building & construction, and others.

Solvents in Paints and Coatings: A solvent disperses or dissolves the paint formulation components to paint the desired consistency for application and avoid globs or clumps. Glycol ether esters are added to spray paints to prevent them from drying in mid-air. In addition, the slow evaporation of this powerful group of solvents means that cars, for example, can get several smooth, flawless paint applications for a beautiful, more durable finish.

Solvents in Personal Care Products: Various cosmetic products rely on solvents to dissolve ingredients and enable them to work correctly. Solvents are used in powders, lotions, and shaving creams to offer appropriate consistency for the product. Perfume manufacturers use ethanol as their solvent of choice because of its low odor. Moreover, ethanol's low boiling point means that the solvent evaporates quickly and does not remain on the skin. Ethyl acetate or acetone is used in nail polish and is particularly valued for its fast-drying properties. In addition, it is also used in nail polish removal fluids and its high solvency power.

Aliphatic Solvents Market Geographical Share

North America dominates the market for aliphatic solvents and is expected to dominate the market during the forecast period due to increasing demand for the pharmaceutical and paint & coating industry. Moreover, pharma companies spend around 19.3% of their revenues on R&D, and this sizeable investment is wasted if a medication does not receive regulatory approval. In addition. the R&D expenditure of the U.S. pharmaceutical industry totaled USD 78.5 billion in 2018. Furthermore, pharmaceutical sales revenues in the U.S. have accounted for nearly half of the global total in recent years. Moreover, five leading pharma companies globally were from the U.S. in 2019. Pfizer is the number one company not only in the U.S. but also worldwide. Johnson & Johnson is another U.S. company that has made a big impression worldwide, with the pharmaceutical segment of its operations generating a record USD 41.56 billion in 2019.

Europe and APAC are expected to contribute significant market growth during the forecast period due to increasing investment and R&D in the aliphatic solvent industry to manufacture VOC-free products. Moreover, the European solvent industry promotes the sustainable and safe use of hydrocarbon solvents in Europe and ensures the regulatory framework is relevant to the manufacture, storage, distribution, and application of these solvents' best practices.

Aliphatic Solvents Market Companies and Competitive Landscape

The aliphatic solvents market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream applications. Exxon Mobil, SK global chemical, Shell, Calumet Specialty Products Partners, Gotham Industries, Gulf Chemicals and Industrial Oils Company, Haltermann Carless, Kandla Energy & Chemicals, MK Aromatics, Hi-Tech Chemicals are the major player in the solvents market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the aliphatic solvents market globally.

ExxonMobil

Exxsol™ dearomatized fluids substitute traditional solvents such as white or mineral spirits. Proven for more than 30 years, Exxsol fluids secure good solvency characteristics without compromising health, safety, and environmental standards. Moreover, Exxsol hexane is a complex mixture of aliphatic hydrocarbons obtained by hydrogenating a petroleum fraction that consists primarily of normal, cyclo paraffinic C6 isoparaffinic hydrocarbons. Including a product portfolio offering more than 100 grades worldwide, you will almost always find a product that fits your industry's specific needs.

Furthermore, the company offers significant benefits for Exxsol D compared to white or mineral spirits such as:

• Low to shallow aromatic content (typically less than one wt%) to minimize risks from exposure
• Lower levels of toxicity and odor for moderately high occupational exposure limits (OEL)
• Wide evaporative range of Exxsol™ isopentane to Exxsol™ D140 fluid
• The narrow boiling range for optimal combination of flash point and drying time
• It can be tailored with additives
• Excellent quality reliability for dependable product quality

In addition, the company also offers benefits for Exxsol hexane such as:

• The narrow boiling range for quality uniformity 
• Very low sulfur content with no corrosion effects on equipment and essentially no residue
• Shallow benzene content for food applications
• Low non-volatile matter for the best quality extraction products