De-aromatic Solvents Market Set for Growth to US$ 2.4 Billion by 2032 - Persistence Market Research

The global de-aromatic solvents market is witnessing substantial transformation, driven by tightening environmental regulations, rising demand for low-odor and high-purity solvents, and rapid advancements in green chemistry. These hydrocarbon solvents, known for their low aromatic content and reduced toxicity, are being increasingly adopted across industries such as paints and coatings, metalworking, adhesives, and pharmaceuticals. The market size, valued at US$ 1.6 billion in 2025, is projected to reach US$ 2.4 billion by 2032, reflecting a healthy CAGR of 5.6% during the forecast period.

A significant growth driver is the shift toward sustainable and bio-based chemical solutions. Bio-based de-aromatic solvents, expected to make up 10% to 15% of the market by 2032, are increasingly being explored due to their alignment with corporate sustainability goals and global environmental compliance standards. Among all segments, the paints, coatings, and inks category leads the market, accounting for 45% of the share in 2024. Geographically, North America is poised to dominate the market with a 5.2% CAGR through 2032, attributed to its aggressive push for sustainable chemical manufacturing and green industrial practices.

Elevate your business strategy with comprehensive market data. Request a sample report now: https://www.persistencemarketresearch.com/samples/9926

➤ Key Highlights from the De-aromatic Solvents Industry

➤ Innovation of new catalysts is reducing hydrogenation costs and enhancing production efficiency.
➤ Aerospace sector is increasing usage of de-aromatic solvents for sensitive component cleaning.
➤ High-flash point solvents are preferred for safer industrial and metalworking applications.
➤ Renewable energy sectors are driving demand for solvents used in solar and wind technologies.
➤ Consumer applications favor low-odor solvents in adhesives and paints.
➤ R&D in bio-based solvents is pushing commercialization of sustainable alternatives.

Market Segmentation

The de-aromatic solvents market is segmented by product type, including low flash point, medium flash point, and high flash point categories. Among these, the medium flash point segment is projected to account for 41% of the market share in 2024. These solvents offer the right balance of safety, performance, and application flexibility, making them ideal for use in metalworking fluids and cleaning agents. Based on boiling point, Type 1 solvents, characterized by their high purity and compliance with regulatory requirements, are expected to dominate, holding 39% of the market in 2024.

In terms of end-use applications, the market is majorly segmented into paints and coatings, metalworking, industrial cleaning, adhesives, and pharmaceuticals. The paints, coatings, and inks segment leads due to increasing demand for low-toxicity and low-VOC solvents that meet stringent environmental standards. Adhesives and cleaning products are also growing fast, especially in sectors like aerospace and electronics, where precise, non-reactive solvents are essential.

Regional Insights

North America stands out as a key regional market, with a projected CAGR of 5.2% through 2032. The region's growth is underpinned by robust investments in sustainable chemical manufacturing, adoption of bio-based feedstocks, and strict compliance regulations that encourage the use of non-toxic solvents.

Asia Pacific is also emerging as a high-growth region, fueled by rapid industrialization, expanding automotive and construction sectors, and rising environmental awareness. Countries like China, India, and South Korea are investing in clean manufacturing technologies, offering fertile ground for market expansion.

Market Drivers

The push for environmental sustainability is one of the strongest drivers behind the rise of the de-aromatic solvents market. Governments and industries globally are phasing out high-aromatic content solvents due to their volatile organic compound (VOC) emissions and associated health risks. In response, companies are investing in bio-based and renewable solvents sourced from plant materials, which comply with REACH and EPA standards. Moreover, their usage in industries like pharmaceuticals, aerospace, and renewable energy is rising due to the need for safe, efficient, and compliant cleaning solutions.

Market Restraints

Despite the promising outlook, several challenges could slow down market momentum. Chief among them is the higher production cost of bio-based and high-purity de-aromatic solvents. These costs can limit affordability, especially in price-sensitive markets like South America and parts of Asia. Additionally, the complexity in refining and hydrogenating feedstocks to create ultra-low aromatic content solvents presents technological and financial hurdles for small and mid-tier players.

Market Opportunities

Several promising opportunities are emerging across the industry. The development of smart solvents with tunable properties presents a significant opportunity for niche applications in electronics, aerospace, and biomedical research. Moreover, advancements in solvent recovery technologies are enabling manufacturers to recycle and reuse de-aromatic solvents, offering a dual advantage of cost savings and reduced environmental impact. Companies exploring soy-based or plant-derived solvents are also set to benefit as consumer and regulatory demand for green products continues to grow.

❓ Frequently Asked Questions

➤ How big is the De-aromatic Solvents Market currently?
➤ Who are the key players in the global market for De-aromatic Solvents?
➤ What is the projected growth rate of the De-aromatic Solvents Market?
➤ What is the market forecast for De-aromatic Solvents through 2032?
➤ Which region is estimated to dominate the De-aromatic Solvents industry through the forecast period?

✦ Company Insights

Key players operating in the global de-aromatic solvents market include:

✦ ExxonMobil Chemical
✦ Shell Chemicals
✦ TotalEnergies SE
✦ Idemitsu Kosan Co., Ltd.
✦ Neste Oyj
✦ CEPSA
✦ Sasol Limited
✦ DHC Solvent Chemie GmbH
✦ Ganga Rasayanie Pvt. Ltd.
✦ HCS Group GmbH

Recent developments in the market include:

■ Neste Oyj announced a collaboration to scale up production of renewable feedstock-based de-aromatic solvents.
■ ExxonMobil introduced a new high-purity solvent for industrial and pharmaceutical cleaning applications, targeting regulatory-compliant markets.

Conclusion

The de-aromatic solvents market is evolving rapidly in response to environmental regulations, industrial safety standards, and technological advancements. With a strong projected CAGR of 5.6% and rising global demand for cleaner alternatives, the market offers significant opportunities for innovation and sustainable growth. As companies continue to invest in bio-based solutions, recycling technologies, and application-specific solvents, the future of the industry looks both green and promising. Market leaders, particularly in North America and Asia-Pacific, are set to define the trajectory of this evolving landscape through strategic partnerships, R&D initiatives, and product diversification.

Contact Us:

Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

This release was published on openPR.