Special boiling-point solvents, are mixtures of group of fast to medium evaporating aliphatic hydrocarbon fluids, consisting of paraffins and cycloparaffins in the C6-C10 range with a boiling-range of 30˚-160˚C. These products group are derived from naphtha feed-stocks. The products are widely used in adhesives, rubber, cleaning purposed, pharmaceuticals and surface coating industries, also for edible oil extraction.
Increasing consumption of paints & coatings in the construction, automotive, wood industry and general industries application sectors has raised the demand for special boiling point (SBP) solvents. SBP solvents are versatile group of fast to medium evaporating hydrocarbon fluids that constitute paraffin and cycloparaffins. These aliphatic solvents are majorly used in paints & coatings industry. These solvents worked as carriers for resins, pigments, and other components. They help in controlling viscosity, aiding in film formation, and wetting of pigments and substrates that help with dispersion and adhesion. These solvents also tend to migrate to the surface of a coating, thereby lowering the surface tension and making the surface more homogeneous. This action of (SBP) solvents improves levelling and reduces the tendency to form craters. Rapid expansion of global construction industry will aid in the market growth of paints & coatings market. Paints & coatings are used in the decoration & protection of buildings and infrastructures from external damages. Due to various properties such as corrosion protection, anti-friction, hardness and reflection-absorption they are also used to protect automotive components. Apart from this, paints & coatings find vast applications in transportation, wood and metal industry which further supports the demand of the product. Steady & continuous growth in these sectors have upstretched the demand of SBP solvents.
STEADY & CONTINUOUS DEMAND FROM PAINTS & COATINGS INDUSTRY TO DRIVE THE GLOBAL MARKET
Some key players that are operating in global special boiling-point solvents market is Royal Dutch Shell Plc, Exxon Mobil Corporation, Total SA, Bharat Petroleum Corporation Limited, Brenntag Holding GMBH, Calumet Specialty Products Partners, L.P., Gulf Chemicals and Industrial Oils Co., HCS Group GMBH, KH Chemicals, The MGT PetrOil group. These companies are engaged in various of the activities such as mergers & acquisition, expansion of production facilities and product development that have helped the growth of the company and in turn, have brought about various changes in the market.
