Market Overview:
The global special boiling point solvents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for paints and coatings, adhesives, rubbers and tires, inks, cleansing agents, and other applications across the globe. In terms of type, the petroleum ether segment is expected to lead the global special boiling point solvents market during the forecast period. This can be attributed to its properties such as low volatility and non-toxicity which make it suitable for use in various applications.
Product Definition:
A Special Boiling Point Solvent is a solvent that has a boiling point at or above the boiling point of water. These solvents are often used in applications where high temperatures are required.
Petroleum Ether:
Petroleum ether is a flammable, colorless, viscous liquid. It has a strong odor similar to that of gasoline. Petroleum ether is also known as petrolatum or paraffin oil. It consists of over 70% saturated hydrocarbons and has no specific geographical source; it is found in all petroleum products such as crude oil and natural gas.
Rubber Solvent:
Rubber solvent is a flammable, colorless liquid with an odor similar to that of fresh-cut rubber. It is usually manufactured by the polymerization process of ethylene and propylene. The major applications include adhesives, sealants, and elastomers ( vulcanized rubber). Rubber solvents are used in various end-use industries such as automotive & transportation, building & construction materials along with consumer goods and electronics manufacturing among others.
Application Insights:
Paints and coatings led the global special boiling point solvents market with a share of over 30.0% in 2017. Increasing construction activities across the globe are expected to boost product demand in this application segment over the forecast period. Paints and coatings are used for various applications including house painting, industrial coating, automotive paint, ceramic tiles glazing, wood finishing as well as metal polishing.
Rubber is another important application segment where products are used for manufacturing tires along with adhesives and elastomers based on polymers such as polybutylene terephthalate (PBT), styrene-butadiene rubber (SBR), acrylonitrile butadiene rubber (ABS) or vinyl chloride/vinyl acetate copolymer (VC/VA).
Regional Analysis:
Asia Pacific was the largest market for special boiling point solvents and accounted for a revenue share of over 35.0% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, such as paints and coatings, adhesives, rubber manufacturing, cleaning agents among others.
The growing automotive industry coupled with increasing construction activities in emerging economies such as China and India are likely to drive product consumption in Asia Pacific during the forecast period. In addition, rising awareness regarding green products is anticipated to propel demand from other applications including household cleaners among consumers at large thereby augmenting growth prospects of this regional segment significantly over the coming years.
Europe was estimated as second-largest consumer of special boiling point solvents after Asia Pacific with a volume share of 28.4% in 2017 on account of rising use across several end-use industries including paints.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and paints & coatings
- Rising awareness about the benefits of using special boiling point solvents over traditional solvents
- Growing investments in research and development to develop new special boiling point solvents products
- Proliferation of nanotechnology and its increasing adoption in various end-use industries
- Technological advancements that have led to the development of more efficient and environment-friendly special boiling point solvents
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Boiling Point Solvents Market Research Report
By Type
Petroleum Ether, Rubber Solvent, VM & P Naphtha, Others
By Application
Paints and Coatings, Adhesives, Rubbers and Tires, Inks, Cleansing Agents, Others
By Companies
Shell, Total SA, Dow Chemicals, Bharat Petroleum, BP, Bajrang Petrochemicals, Banner Chemical Group, Bax Chemicals, Cepsa, CVOPRL, Shell, Calumet Specialty Products Partners, Haltermann Carless, Gulf Chemicals and Industrial Oils, Ganga Rasayanie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Special Boiling Point Solvents Market Report Segments:
The global Special Boiling Point Solvents market is segmented on the basis of:
Types
Petroleum Ether, Rubber Solvent, VM & P Naphtha, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paints and Coatings, Adhesives, Rubbers and Tires, Inks, Cleansing Agents, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- Total SA
- Dow Chemicals
- Bharat Petroleum
- BP
- Bajrang Petrochemicals
- Banner Chemical Group
- Bax Chemicals
- Cepsa
- CVOPRL
- Shell
- Calumet Specialty Products Partners
- Haltermann Carless
- Gulf Chemicals and Industrial Oils
- Ganga Rasayanie
Highlights of The Special Boiling Point Solvents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Petroleum Ether
- Rubber Solvent
- VM & P Naphtha
- Others
- By Application:
- Paints and Coatings
- Adhesives
- Rubbers and Tires
- Inks
- Cleansing Agents
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Special Boiling Point Solvents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Special boiling point solvents are those that have a higher boiling point than water. They are used in chemical and pharmaceutical manufacturing, as well as in other industrial processes.
Some of the key players operating in the special boiling point solvents market are Shell, Total SA, Dow Chemicals, Bharat Petroleum, BP, Bajrang Petrochemicals, Banner Chemical Group, Bax Chemicals, Cepsa, CVOPRL, Shell, Calumet Specialty Products Partners, Haltermann Carless, Gulf Chemicals and Industrial Oils, Ganga Rasayanie.
The special boiling point solvents market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Special Boiling Point Solvents Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Special Boiling Point Solvents Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Special Boiling Point Solvents Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Special Boiling Point Solvents Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Special Boiling Point Solvents Market Size & Forecast, 2018-2028 4.5.1 Special Boiling Point Solvents Market Size and Y-o-Y Growth 4.5.2 Special Boiling Point Solvents Market Absolute $ Opportunity
Chapter 5 Global Special Boiling Point Solvents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Special Boiling Point Solvents Market Size Forecast by Type
5.2.1 Petroleum Ether
5.2.2 Rubber Solvent
5.2.3 VM & P Naphtha
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Special Boiling Point Solvents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Special Boiling Point Solvents Market Size Forecast by Applications
6.2.1 Paints and Coatings
6.2.2 Adhesives
6.2.3 Rubbers and Tires
6.2.4 Inks
6.2.5 Cleansing Agents
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Special Boiling Point Solvents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Special Boiling Point Solvents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Special Boiling Point Solvents Analysis and Forecast
9.1 Introduction
9.2 North America Special Boiling Point Solvents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Special Boiling Point Solvents Market Size Forecast by Type
9.6.1 Petroleum Ether
9.6.2 Rubber Solvent
9.6.3 VM & P Naphtha
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Special Boiling Point Solvents Market Size Forecast by Applications
9.10.1 Paints and Coatings
9.10.2 Adhesives
9.10.3 Rubbers and Tires
9.10.4 Inks
9.10.5 Cleansing Agents
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Special Boiling Point Solvents Analysis and Forecast
10.1 Introduction
10.2 Europe Special Boiling Point Solvents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Special Boiling Point Solvents Market Size Forecast by Type
10.6.1 Petroleum Ether
10.6.2 Rubber Solvent
10.6.3 VM & P Naphtha
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Special Boiling Point Solvents Market Size Forecast by Applications
10.10.1 Paints and Coatings
10.10.2 Adhesives
10.10.3 Rubbers and Tires
10.10.4 Inks
10.10.5 Cleansing Agents
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Special Boiling Point Solvents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Special Boiling Point Solvents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Special Boiling Point Solvents Market Size Forecast by Type
11.6.1 Petroleum Ether
11.6.2 Rubber Solvent
11.6.3 VM & P Naphtha
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Special Boiling Point Solvents Market Size Forecast by Applications
11.10.1 Paints and Coatings
11.10.2 Adhesives
11.10.3 Rubbers and Tires
11.10.4 Inks
11.10.5 Cleansing Agents
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Special Boiling Point Solvents Analysis and Forecast
12.1 Introduction
12.2 Latin America Special Boiling Point Solvents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Special Boiling Point Solvents Market Size Forecast by Type
12.6.1 Petroleum Ether
12.6.2 Rubber Solvent
12.6.3 VM & P Naphtha
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Special Boiling Point Solvents Market Size Forecast by Applications
12.10.1 Paints and Coatings
12.10.2 Adhesives
12.10.3 Rubbers and Tires
12.10.4 Inks
12.10.5 Cleansing Agents
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Special Boiling Point Solvents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Special Boiling Point Solvents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Special Boiling Point Solvents Market Size Forecast by Type
13.6.1 Petroleum Ether
13.6.2 Rubber Solvent
13.6.3 VM & P Naphtha
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Special Boiling Point Solvents Market Size Forecast by Applications
13.10.1 Paints and Coatings
13.10.2 Adhesives
13.10.3 Rubbers and Tires
13.10.4 Inks
13.10.5 Cleansing Agents
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Special Boiling Point Solvents Market: Competitive Dashboard
14.2 Global Special Boiling Point Solvents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 Total SA
14.3.3 Dow Chemicals
14.3.4 Bharat Petroleum
14.3.5 BP
14.3.6 Bajrang Petrochemicals
14.3.7 Banner Chemical Group
14.3.8 Bax Chemicals
14.3.9 Cepsa
14.3.10 CVOPRL
14.3.11 Shell
14.3.12 Calumet Specialty Products Partners
14.3.13 Haltermann Carless
14.3.14 Gulf Chemicals and Industrial Oils
14.3.15 Ganga Rasayanie