Press release
Emea Dearomatic Solvents Market to Reflect a Significant CAGR of 5.0% During 2016–2024
In the case of paints and coatings application, lower VOC content, less odor, and comparatively faster drying times are desirable properties and as a result de-aromatized solvents, especially low flash point grade offerings, are widely used in this application which is creating robust development in the EMEA de-aromatic solvents market. Stringent policies and regulations coupled with the effectiveness of de-aromatized solvents across a diverse range of applications have prompted end users to switch to de-aromatized solvents products that are equally effective but contain relatively low levels of VOCs. As a result, demand for de-aromatized solvents is increasing which is creating the positive impact on the market.
View and Download TOC of Emea Dearomatic Solvents Market Research Report @ https://www.persistencemarketresearch.com/market-research/emea-dearomatic-solvents-market/toc
Increasing demand from a metal working application is also driving the growth of the market of EMEA de-aromatic solvents. The stringent policies and regulations by the government coupled with the effectiveness of de-aromatized solvents across a diverse range of applications have prompted end users to switch to de-aromatized solvents. In the recent past, the leading participants in the de-aromatic solvents market have channelized efforts toward development and commercial production of solvents using natural gas-based feedstock. This is responsible for boosting the market for de-aromatic solvents.
Consumption of de-aromatic solvents is anticipated to reach 536,234 Tons by the end of 2024, expanding at a CAGR of 3.9% over the forecast period. Sales of de-aromatic solvents are expected to be valued at US$ 377.2 Mn by 2016 and are anticipated to expand at a CAGR of 5.0%, to be valued at US$ 556.0 Mn by the end of 2024. Germany is expected to account for significant share of the overall incremental opportunity in the EMEA de-aromatic solvents market between 2016 and 2024.
Request and Download Sample Report @ https://www.persistencemarketresearch.com/samples/12571
Growth in demand for non-toxic alternatives and regulatory compliances are expected to drive demand for de-aromatic solvents in the region over the forecast period. High flash point segment is projected to gain 138 BPS in terms of market value share by 2024 end as compared to that in 2016. Demand for high flash point de-aromatic solvents which are non-corrosive and environmentally safer solvents have witnessed a steady growth, especially in the metalworking application. This increasing demand is thus expected to fuel the growth of high flash point segment during the forecast period.
Resins and paints segment is expected to account for a market value share of 42.9% by 2024 end. The segment, however, is expected to witness a loss of nearly 160 basis points by end of 2024, owing to the anticipated increase in demand for alternatives such as water based paints and powder coatings over the forecast period. Another major application area of de-aromatic solvents is cleaning and degreasing products. This segment is expected to witness a gain of nearly 10 basis points between 2016 and 2024.
De-aromatic solvents consumption in Germany has been estimated to be valued at US$ 82.7
Mn in 2016. It is projected to account for US$ 119.1 Mn by the end of 2024. Rest of EMEA region accounted for the largest market value share of 40.4% in 2016. Revenue from this segment is expected to increase at CAGRs of 5.6% during the forecast period.
Some of the key players identified in the EMEA de-aromatic solvents market include Royal Dutch Shell plc., Idemitsu Kosan Co., Ltd., Total S.A., Neste, Exxon Mobil Corporation, and DHC Solvent Chemie GmbH.
Buy Full Pneumatic Compression Therapy Market Report @ https://www.persistencemarketresearch.com/checkout/12571
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: 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 Emea Dearomatic Solvents Market to Reflect a Significant CAGR of 5.0% During 2016–2024 here
News-ID: 732240 • Views: …
More Releases from Persistence Market Research Pvt.Ltd
Global Food Fiber Market is forecast to expand at a CAGR of 5.7% from 2017 to 20 …
Some of the prominent players operating in the global food fiber market are J. RETTENMAIER & SÖHNE GmbH, Co KG, Kerry Group, Grain Processing Corporation, Nexira, SunOpta, Inc., Ingredion Roquette Frères S.A., Archer-Daniels-Midland Company, Tate & Lyle plc, and Cargill, Inc., notes Persistence Market Research (PMR). Several of these players are investing on advanced fiber fortification technologies for developing innovative formulations that have a variety of functional health benefits, in…
In Vitro Protein Expression Market Accounting for US$ 250 Mn in 2025
Persistence Market Research has come up with an analytical research publication titled “In Vitro Protein Expression Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” The comprehensive in vitro protein expression market research report focuses on various trends, developments, opportunities, restraints, drivers and challenges impacting the growth of the global in vitro protein expression market. These factors vary in magnitude in different regions for which a detailed analysis is covered in…
Tert-Amyl Methyl Ether Market Estimated to Experience a Hike in Growth by 2025
Introduction
Ether compounds such as MTBE, ETBE, TAEE and TAME are used in fuel especially in gasoline in order to improve the combustion properties of fuels. Among these compounds, Tert-Amyl Methyl Ether used as oxygenated additive for the gasoline. Tert-Amyl Methyl Ether, formula (CH3)3 CH2COCH3, is an organic compound, used in fuel to improve its octane number. TAME is generally produced through the catalytic reaction between methanol (MeOH) and the 2-methyl-2-butene…
Radar Simulator Market Significant Profits Estimated to be Generated by 2025
Radar simulator market is on upward scale, owing to increase in adaptation of modern technologies for the training purpose in commercial and military aircrafts & ships. Radar simulator is either software solution or combination of both software and hardware. Radar simulators emulate various radars and initiate their working to provide users with an artificial and apt environment for radar training and functional/system testing. The software solutions can be installed in…
More Releases for EMEA
Fragrant Solutions: EMEA Dearomatic Solvents Market
Persistence Market Research delivers key insights on the EMEA de-aromatic solvents market in its latest report titled, "EMEA Dearomatic Solvents Market: High Flash Point Grade Segment to Witness Relatively Faster Growth Between 2016 and 2024 ." The EMEA de-aromatic solvents market is projected to register a CAGR of 5.0% over the forecast period (2016 - 2024) and North Africa and Spain are expected to witness the highest growth in the…
EMEA (EMEA, Middle East and Africa) Aircraft Avionic Systems Market Report 2018
Report has added a new report to its source. The report is titled “EMEA Aircraft Avionic Systems Market Research Report 2018” and accelerates a wide-ranging and focused look into this market. Market size is concluded through detailed study and examination through subordinate research.
The current generation aircraft utilize the fly-by-wire (FBW) control systems which have helped significantly reduce the weight of aircraft and its maintenance costs. Flight management system (FMS)…
EMEA Automotive Robotics Comparative Market Analysis Report
EMEA Automotive Robotics Market Research Report provides insights of the industry over past 5 years and a forecast until 2022. The Report studies, the Market status and future trend in the EMEA market, splits by type and by applications, to fully and deeply researched and reveal the market situation and future forecast.
The Automotive Robotics Market report would come in handy to understand your competitors and give you an insight about…
Centrify appoints new EMEA Channel Director
Plans to select top tier partners in each region and introduce boot-camp style training
Centrify, the leader in securing hybrid enterprises through the power of identity services, has appointed John Andrews as its new EMEA Channel Director. John, who reports to Vice President and Managing Director for EMEA, Andy Heather, will be responsible for setting out and delivering on the company’s long-term channel strategy and building a core set of distribution…
EMEA Meeting in Duesseldorf 2012
On November 2nd and 3rd, 2012, the international recruitment company AIMS International, which ranks among the top 10 Executive Search companies globally, celebrated its 20th anniversary at the Hyatt Regency Hotel in Düsseldorf in the media harbor. In Germany, the Executive Search industry is better known – or prejudiced – under the title headhunting. Why? The best management employees of competitor companies are identified on behalf of the clients by…
SeeTec increases market penetration in EMEA
Philippsburg, January 30th 2009: Within the growing market for video surveillance, network based solutions have achieved an important position – and their significance is set to grow. With a volume of nearly 500 million Euros, the IP video market is larger than ever before and experts are forecasting continuous high growth. According to the results of the recent IMS report from November 2008, SeeTec has been successful in achieving…
