openPR Logo
Press release

Isoparaffin Solvents market is expected to expand at a CAGR of 3.7% during the forecast period

Isoparaffin Solvents market is expected to expand at a CAGR

Presumably crossing the valuation of US$ 160 million in 2019, the global revenue of isoparaffin solvents landscape is pegged to expand at a 3.8% year on year over 2018. According to the projection presented by a new intelligence study, Persistence Market Research expects the global consumption volume of isoparaffin solvents to cross 120,000 tons towards the end of 2019.

With over 35% market value share, C9-C11 remains the top selling product in isoparaffin solvents space. C12 is projected to be the second best selling product type, whereas C4-C8 continues to register moderate demand in coming years, as indicated by the report.

Request Report TOC @ https://www.persistencemarketresearch.com/methodology/25462

Decently paced oil industry recovery resulting in the elevating oil production levels, and the subsequently rising oil refining capacity, are likely to sustain the demand for the consistent isoparaffin solvents supply in coming years. Besides industrial sector, personal care products and paints industry also raise decent demand for isoparaffin solvets at a global level.

Applications of Isoparaffin Solvents in Industrial Sector Translate into Maximum Revenue Generation

The PMR report forecasts maximum isoparaffin solvents consumption by the industrial sector for applications in industrial cleaning and metalworking, followed by other industries such as polymer, agrochemicals, and sealants and adhesives manufacturing.

Elaborating on the same further, a senior market research analyst at the company says, “The industrial end use sector represents more than 1/5th share of the total market revenue, and the market is projected for a 4+% year on year revenue growth in 2019, in the industrial domain”. The analyst further adds, “Though industrial consumption of isoparaffin solvents indicate the highest incremental opportunity, the consumption volume registered by the polymerization industry is also significantly high. Polymerization holds more than 15% share in the isoparaffin solvents market value at present, followed by adhesives & sealants, and agrochemicals”.

Request for sample report: https://www.persistencemarketresearch.com/samples/25462

China Continues to Atop Regional Competition, SEA Countries Emerge Lucrative for Isoparaffin Solvents Suppliers

China remains the largest consumer market in isoparaffin solvents landscape, with a current share of more than 1/4th of the revenue.

Riding on the huge incremental opportunity forecast for Chinese market, the report foresees the report foresees the highest year on year revenue growth for the country in 2019, taking the regional market valuation beyond US$ 40 million.

Along with the neighboring South East Asian countries, Chinese market for isoparaffin solvents is reaping major benefits from the thriving petro-chemicals and automotive industries.

In addition, shifting of major manufacturing bases to developing Asian countries is likely to shape the consumption patterns of isoparaffin solvents in these markets.

Europe is also an important market for isoparaffin solvents, followed by North America, says the report.

Partnerships with Global Brands and End Use Industries Is the Key Expansion Strategy of Regional Isoparaffin Solvents Manufacturers

Exxon Mobil Corporation, Idemitsu Kosan Co Ltd, and a few others constitute the key market players in the isoparaffin solvents marketplace that collectively account for more than 50% share of the total value at present.

Other important companies profiled in the report include RB Products, Inc., Chevron Phillips Chemical Company, Maruzen Petrochemical Co., Ltd., and a few others.

Emphasizing overseas business development, leading players in isoparaffin solvents marketplace are concentrating on strategic collaborations with distribution giants across the global value chain.
NPD focusing on the derivatives of isoparaffin solvents is currently trending among manufacturers.

Moreover, inclusion of high purity grade isoparaffin solvents in the existing portfolio is another key effort of manufacturing companies actively operating at a regional level.

Global leaders in the isoparaffin solvents space are entering partnerships, collaborations, and joint ventures with regional leaders with an objective to achieve enhanced market footprint across regional marketplaces.

Another prominent trend spotted by PMR research includes the long-term
contractual alliance between regional players and end users of isoparaffin solvents landscape, for a consistent revenue flow.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Isoparaffin Solvents market is expected to expand at a CAGR of 3.7% during the forecast period here

News-ID: 1501620 • Views: 79

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for Isoparaffin

Isoparaffin Solvents Market Dynamics, Forecast, Analysis And Supply Demand 2018 …
Global Isoparaffin Solvents Market: Overview Isoparaffin is an important class of hydrocarbon solvents primarily used for industrial applications. Isoparaffin solvents are used in a wide diversity of applications, such as fluids in metalworking; industrial cleaning products; as solvents for paints and coating, adhesives and sealant; and products for photocopiers. Pure grade isoparaffin solvents are typically produced through distillation and catalytic cracking. Properties typical of these grades can be better solvency, high
Isoparaffin Solvents Market – Sophisticated Trends Survey 2028 | Shell, Idemit …
Global Isoparaffin Solvents Market: Overview The report details an exhaustive account of the global isoparaffin solvents market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2028. From an overall perspective, the report is expected to exist
Global Isoparaffin Solvents Market - Emerging Markets in Developing Countries
Qyresearchreports include new market research report Global Isoparaffin Solvents Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Isoparaffin Solvents in Global market,especially in North America,China,Europe,Southeast Asia,Japan and India,with production,revenue,consumption,import and export in these regions,from 2012 to 2016,and forecast to 2022. The global Isoparaffin Solvents market is expanding on account of various factors which are extremely important to find out in order to understand the growth
Global Isoparaffin Solvents Industry 2018 - Shell, ExxonMobil Chemical, Idemitsu …
The Global Isoparaffin Solvents Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Isoparaffin Solvents industry. Firstly, Isoparaffin Solvents Market report provides a basic overview of the Isoparaffin Solvents industry including definitions, classifications, applications and Isoparaffin Solvents industry chain structure. Global Isoparaffin Solvents Market analysis is provided for the international market including development history, Isoparaffin Solvents industry competitive landscape analysis, and major regions
Analysis of Global Isoparaffin Solvents Market Current Scenario and Future Plans …
The rapidly changing and complex global market for isoparaffin solvents is the focus of analysis of a recent market intelligence report added to the vast portfolio of Market Research Hub (MRH). The report gives comprehensive insights into the present state of this market and contains several forward-looking statements regarding the impending growth prospects of crucial elements and segments of the market. The study is titled as “Global Isoparaffin Solvents Market by
Global Isoparaffin Solvents Market by Manufacturers, Countries, Type and Applica …
"The Report Global Isoparaffin Solvents Market by Manufacturers, Countries, Type and Application, Forecast to 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Isoparaffin Solvents Market This report studies the Isoparaffin Solvents market, Isoparaffin is a synthetic solvent with a unique combination of flash point, evaporation rate and boiling range. It is produced by using a carefully controlled process condition