Special Boiling Points Solvents Market to Grow at a CAGR of 3.2% to reach US$ 1,537.68 Million from 2020 to 2027
The special boiling points solvents market is expected to grow from US$ 1,209.57 million in 2019 to US$ 1,537.68 million by 2027; it is estimated to grow at a CAGR of 3.2% from 2020 to 2027.
The increasing consumption of paints & coatings in the construction, automotive, wood, 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 act like a carriers for resins, pigments, and other components. They help in controlling viscosity, aiding film formation, and wetting 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 support the growth of the paints & coatings market. Paints & coatings are used for decoration and 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 and wood and metal industry, which further supports the demand of the special boiling point solvent product. Steady and continuous growth in these sectors have propelled the demand of SBP solvents.
In 2019, Asia Pacific contributed to the largest share in the global special boiling points solvents market. The growth of the special boiling points solvents market in this region is primarily attributed to steady and continuous expansion of end use industries such as paints & coatings, printing inks, rubber & tires, and adhesives. Countries such as Australia, Japan, India, China, South Korea, Singapore, Taiwan, and Indonesia have large manufacturing industries in a diverse sector such as chemical, construction, automotive, and electronics, which has experienced a huge shift over the years. Production expenditure in the region has increased significantly over the last few years due to rapid industrialization and is expected to increase at the highest estimated growth rate, which is likely to offer lucrative business opportunities for special boiling points solvents market.
The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of January 2021, the US, Brazil, India, Russia, Spain, and the UK are among the worst affected countries in terms of confirmed cases and reported deaths. The pandemic is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The chemical and material is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. Although, China is the global manufacturing hub and the largest raw material supplier for various industries, it is also one of the worst affected countries. The lockdown of various plants and factories in China is disrupting the global supply chains and hindering the manufacturing activities, delivery schedules, and various materials sales. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hampering the business collaborations and partnerships opportunities. All these factors are hindering the industries, thus acting as restraining factors for the growth of various markets related to this industry.
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Special Boiling Points Solvents Market: Strategic Insights
Market Size Value in US$ 1,209.57 Million in 2019 Market Size Value by US$ 1,537.68 Million by 2027 Growth rate CAGR of 3.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Special Boiling Points Solvents Market: Strategic Insights
Market Size Value in | US$ 1,209.57 Million in 2019 |
Market Size Value by | US$ 1,537.68 Million by 2027 |
Growth rate | CAGR of 3.2% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Rising Demand from Rubber Processing Industry
Rubber is treated by utilizing several types of chemicals to produce useful products such as rubber mats and automobile tires. Rubber processing chemicals include a broad range of products including anti-degradants, accelerators, and processing aids. SBP solvents play a crucial role in rubber processing. It helps to enhance the properties of rubber for its use in manufacturing of automobile tires. Hence, the increasing automobile industry is expected to increase the adoption rate of SBP solvents for rubber processing chemicals segment. Additionally, increasing technical advancements in the manufacture of automotive tires is additional factor boosting the adoption of SBP solvents for rubber processing market. SBP solvents does not only add qualities to rubber but also advances the overall manufacturing procedure of raw material for other applications including manufacturing of door mats. Though, factors such as growing environmental norms and strict governmental regulations are expected to hamper the adoption of rubber processing chemicals, rubber manufacturers are adapting to diverse chemical formulations to accomplish specific requirements of numerous end-use industries.
Solvent Base Insights
Based on Solvent Base, the global special boiling points solvents market is sub-segmented into petroleum ether, rubber solvent, and others. In 2019, the others segment dominated the market by accounting for 41.9% of the total market share. Other types of special boiling point solvents used are P-series/propylene-based glycol ethers, toluene, propylene glycol, mixed xylenes, and VM&P Naphtha. VM&P Naphtha (Varnish Maker and Painters Solvent) is an aliphatic hydrocarbon solvent with a medium boiling point and evaporation rate. It is an exceptional thinner for oil-based paints, stains, varnishes, and enamels, which has higher strength and a faster evaporation rate than thinner paint (100% mineral spirits). It is also a quick-drying thinner for brushing and spraying, which is suitable for cleaning after painting.
A few key players operating in the special boiling points solvents market are 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, and The MGT PetrOil group. These companies provide a wide range of product portfolio for special boiling points solvents market. They also have their presence in the developing regions, which provides lucrative opportunities for the growth of the special boiling points solvents markets market.
Special Boiling Points Solvents Market Report Scope
Report Spotlights
- Progressive industry trends in the global special boiling points solvents market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the market from 2017 to 2027
- Estimation of the demand for the special boiling points solvents market across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for the special boiling points solvents market
- Market trends and outlook coupled with factors driving and restraining the growth of the special boiling points solvents market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the growth of the special boiling points solvents market
- Special boiling points solvents market size at various nodes of market
- Detailed overview and segmentation of the global special boiling points solvents market as well as its dynamics in the industry
- Special boiling points solvents market size in various regions with promising growth opportunities
Special Boiling Points Solvents Market, bySolvent Base
- Petroleum Ether
- Rubber Solvent
- Others
Special Boiling Points Solvents Market, by Application
- Paints and Coatings
- Rubbers and Tires
- Inks
- Adhesives
- Resins
- Cleaning Agents
- Others
Company Profiles
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Solvent Base , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The paints & coatings segment held the largest share in the global special boiling points solvents market in 2019. Special boiling point solvents are used in paint and coating formulations to dissolve other compounds, such as pigments, binders, additives, etc. These solvents are essential for coating formulations since they control the viscosity of the paints and have a substantial effect on the film quality, which is mainly dependent on the evaporation rate of the solvents during the drying period. 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 and it is expected to continue during the forecast period.
The major players operating in the global special boiling point solvents market are 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 and The MGT PetrOil group.
In 2019, Asia Pacific contributed to the largest share in the global special boiling points solvents market. The growth of the special boiling points solvents market in this region is primarily attributed to steady & continuous expansion of end use industries like paints & coatings, printing inks, rubber & tires, adhesives and many others. Countries like Australia, Japan, India, China, South Korea, Singapore, Taiwan, and Indonesia have large manufacturing industries in a diverse sector such as chemical, construction, automotive, electronics, and others which has experienced a huge shift over the years. Production expenditure in the region has increased significantly over the last few years due to rapid industrialization, and is expected to increase at the highest estimated growth rate which is expected to offer lucrative business opportunities for special boiling points solvents market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Special Boiling Points Solvents Market, by Solvent Base
1.3.2 Special Boiling Points Solvents Market, by Application
1.3.3 Special Boiling Points Solvents Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Special Boiling Points Solvents Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Special Boiling Point Solvents Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Steady & Continuous Demand from Paints & Coatings Industry
5.1.2 Rising Demand from Rubber Processing Industry
5.2 Market Restraints
5.2.1 Stringent Regulations Pertaining to Production and Use of SBP Solvents
5.3 Market Opportunities
5.3.1 Rising Demand of SBP Solvents for Printing Inks
5.4 Future Trend
5.4.1 Technological Advancement Along with New Product Development
5.5 Impact Analysis Of Drivers And Restraints
6. Special Boiling Points Solvents – Global Market Analysis
6.1 Special Boiling Points Solvents Market Overview
6.2 Special Boiling Points Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning – Global Market Players
7. Special Boiling Point Solvents Market Analysis – By Solvent Base
7.1 Overview
7.2 Special Boiling Point Solvents Market, By Solvent Base (2019 and 2027)
7.3 Petroleum Ether
7.3.1 Overview
7.3.1.1 Petroleum Ether: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Rubber Solvent
7.4.1 Overview
7.4.1.1 Rubber Solvent : Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.1.1 Others: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
8. Special Boiling Point Solvents Market Analysis – By Application
8.1 Overview
8.2 Special Boiling Point Solvents Market, By Application (2019 and 2027)
8.3 Paints and Coatings
8.3.1 Overview
8.3.2 Paints and Coatings: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Rubbers and Tires
8.4.1 Overview
8.4.2 Rubbers and Tires: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.5 Inks
8.5.1 Overview
8.5.2 Inks: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.6 Adhesives
8.6.1 Overview
8.6.2 Adhesives: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.7 Cleaning Agents
8.7.1 Overview
8.7.2 Cleaning Agents: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.8 Resins
8.8.1 Overview
8.8.2 Resins: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
8.9 Others
8.9.1 Overview
8.9.2 Others: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
9. Special Boiling Point Solvents Market – Geographic Analysis
9.1 Overview
9.2 North America: Special Boiling Point Solvents Market
9.2.1 North America: Special Boiling Point Solvents Market –Revenue and Forecast to 2027(US$ Mn)
9.2.2 North America: Special Boiling Point Solvents market, Solvent Base
9.2.3 North America: Special Boiling Point Solvents market, Application
9.2.4 North America: Special Boiling Point Solvents market, by Key Country
9.2.4.1 US: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.2.4.1.1 US: Special Boiling Point Solvents market, Solvent Base
9.2.4.1.2 US: Special Boiling Point Solvents market, Application
9.2.4.2 Canada: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.2.4.2.1 Canada: Special Boiling Point Solvents market, Solvent Base
9.2.4.2.2 Canada: Special Boiling Point Solvents market, Application
9.2.4.3 Mexico: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.2.4.3.1 Mexico: Special Boiling Point Solvents market, Solvent Base
9.2.4.3.2 Mexico: Special Boiling Point Solvents market, Application
9.3 Europe: Special Boiling Point Solvents market
9.3.1 Europe: Special Boiling Point Solvents Market –Revenue and Forecast to 2027(US$ Mn)
9.3.2 Europe: Special Boiling Point Solvents market, Solvent Base
9.3.3 Europe: Special Boiling Point Solvents market, Application
9.3.4 Europe: Special Boiling Point Solvents market, by Key Country
9.3.4.1 Germany: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.1.1 Germany: Special Boiling Point Solvents market, Solvent Base
9.3.4.1.2 Germany: Special Boiling Point Solvents market, Application
9.3.4.2 France: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.2.1 France: Special Boiling Point Solvents market, Solvent Base
9.3.4.2.2 France: Special Boiling Point Solvents market, Application
9.3.4.3 Italy: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.3.1 Italy: Special Boiling Point Solvents market, Solvent Base
9.3.4.3.2 Italy: Special Boiling Point Solvents market, Application
9.3.4.4 UK: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.4.1 UK: Special Boiling Point Solvents market, Solvent Base
9.3.4.4.2 UK: Special Boiling Point Solvents market, Application
9.3.4.5 Russia: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.5.1 Rest of Europe: Special Boiling Point Solvents market, Solvent Base
9.3.4.5.2 Rest of Europe: Special Boiling Point Solvents market, Application
9.3.4.6 Rest of Europe: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.3.4.6.1 Rest of Europe: Special Boiling Point Solvents market, Solvent Base
9.3.4.6.2 Rest of Europe: Special Boiling Point Solvents market, Application
9.4 Asia Pacific: Special Boiling Point Solvents market
9.4.1 Asia Pacific: Special Boiling Point Solvents Market – Revenue and Forecast to 2027(US$ Mn)
9.4.2 Asia Pacific: Special Boiling Point Solvents market, Solvent Base
9.4.3 Asia Pacific: Special Boiling Point Solvents market, Application
9.4.4 Asia Pacific: Special Boiling Point Solvents market, by Key Country
9.4.4.1 China: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.4.4.1.1 China: Special Boiling Point Solvents Market, by Solvent Base
9.4.4.1.2 China: Special Boiling Point Solvents Market, by Application
9.4.4.2 Australia: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.2.1 Australia: Special Boiling Point Solvents Market, by Solvent Base
9.4.4.2.2 Australia: Special Boiling Point Solvents Market, by Application
9.4.4.2.3 China: Special Boiling Point Solvents market, Solvent Base
9.4.4.2.4 China: Special Boiling Point Solvents market, Application
9.4.4.2.5 China: Special Boiling Point Solvents market, Application
9.4.4.3 Japan: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.4.4.3.1 Japan: Special Boiling Point Solvents market, Solvent Base
9.4.4.3.2 Japan: Special Boiling Point Solvents market, Application
9.4.4.4 India: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.4.4.4.1 India: Special Boiling Point Solvents market, Solvent Base
9.4.4.4.2 India: Special Boiling Point Solvents market, Application
9.4.4.5 South Korea: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.4.4.5.1 South Korea: Special Boiling Point Solvents market, Solvent Base
9.4.4.5.2 South Korea: Special Boiling Point Solvents market, Application
9.4.4.6 Rest of Asia Pacific: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.4.4.6.1 Rest of Asia Pacific: Special Boiling Point Solvents market, Solvent Base
9.4.4.6.2 Rest of Asia Pacific: Special Boiling Point Solvents market, Application
9.5 MEA: Special Boiling Point Solvents market
9.5.1 MEA: Special Boiling Point Solvents Market – Revenue and Forecast to 2027(US$ Mn)
9.5.2 MEA: Special Boiling Point Solvents market, Solvent Base
9.5.3 MEA: Special Boiling Point Solvents market, Application
9.5.4 MEA: Special Boiling Point Solvents market, by Key Country
9.5.4.1 South Africa: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.5.4.1.1 South Africa: Special Boiling Point Solvents market, Solvent Base
9.5.4.1.2 South Africa: Special Boiling Point Solvents market, Application
9.5.4.2 Saudi Arabia: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.5.4.2.1 Saudi Arabia: Special Boiling Point Solvents Market, Solvent Base
9.5.4.2.2 Saudi Arabia: Special Boiling Point Solvents market, Application
9.5.4.3 UAE: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.5.4.3.1 UAE: Special Boiling Point Solvents market, Solvent Base
9.5.4.3.2 UAE: Special Boiling Point Solvents market, Application
9.5.4.4 Rest of MEA: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.5.4.4.1 Rest of MEA: Special Boiling Point Solvents market, Solvent Base
9.5.4.4.2 Rest of MEA: Special Boiling Point Solvents market, Application
9.6 South America: Special Boiling Point Solvents Market
9.6.1 South America: Special Boiling Point Solvents Market –Revenue and Forecast to 2027(US$ Mn)
9.6.2 South America: Special Boiling Point Solvents market, by Solvent Base
9.6.3 South America: Special Boiling Point Solvents market, by Application
9.6.4 South America: Special Boiling Point Solvents market, by Key Country
9.6.4.1 Brazil: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.6.4.1.1 Brazil: Special Boiling Point Solvents market, Solvent Base
9.6.4.1.2 Brazil: Special Boiling Point Solvents market, Application
9.6.4.2 Argentina: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.6.4.2.1 Argentina: Special Boiling Point Solvents market, Solvent Base
9.6.4.2.2 Argentina: Special Boiling Point Solvents market, Application
9.6.4.3 Rest of South America: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
9.6.4.3.1 Rest of South America: Special Boiling Point Solvents market, Solvent Base
9.6.4.3.2 Rest of South America: Special Boiling Point Solvents market, Application
10. Impact of COVID-19 Pandemic on Global Special Boiling Point Solvents Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Royal Dutch Shell Plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Exxon Mobil Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Total SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Bharat Petroleum Corporation Limited
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Brenntag Holding GMBH
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 GULF CHEMICAL AND INDUSTRAL OILS
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 HCS GROUP GMBH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 KH CHEMICALS
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.10 MGT PETROIL COMPANY
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Special Boiling Points Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 3. North America Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 4. US Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 5. US Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 6. Canada Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 7. Canada Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 8. Mexico Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Mexico Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Europe Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 11. Europe Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 12. Germany Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 13. Germany Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 14. France Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 15. France Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 16. Italy Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 17. Italy Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 18. UK Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 19. UK Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 20. Russia Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 21. Russia Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 22. Rest of Europe Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 23. Rest of Europe Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 24. Asia Pacific Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 25. Asia Pacific Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 26. China Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 27. China Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 28. Australia Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 29. Australia Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 30. China Special Boiling Point Solvents market, Solvent Base – Revenue and Forecast to 2027 (USD Mn)
Table 31. China Special Boiling Point Solvents market, Application – Revenue and Forecast to 2027 (USD Mn)
Table 32. China Special Boiling Point Solvents market, Application – Revenue and Forecast to 2027 (USD Mn)
Table 33. Japan Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 34. Japan Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 35. India Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 36. India Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 37. South Korea Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 38. South Korea Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 39. Rest of APAC Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 40. Rest of APAC Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 41. MEA Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 42. MEA Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 43. South Africa Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 44. South Africa Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 45. Saudi Arabia Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 46. Saudi Arabia Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 47. UAE Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 48. UAE Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 49. Rest of MEA Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 50. Rest of MEA Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 51. SAM Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 52. SAM Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 53. Brazil Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 54. Brazil Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 55. Argentina Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 56. Argentina Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 57. Rest of SAM Special Boiling Point Solvents Market, by Solvent Base – Revenue and Forecast to 2027 (US$ Mn)
Table 58. Rest of SAM Special Boiling Point Solvents Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 59. Glossary of Terms, Global Special Boiling Points Solvents Market
LIST OF FIGURES
Figure 1. Special Boiling Points Solvents Market Segmentation
Figure 2. Special Boiling Points Solvents Market Segmentation – By Geography
Figure 3. Global Special Boiling Points Solvents Market Overview
Figure 4. Paints & Coatings Segment Held Largest Share of Global Special Boiling Points Solvents Market
Figure 5. Asia Pacific Region Held Largest Share of Global Special Boiling Points Solvents Market
Figure 6. North America: PEST Analysis
Figure 7. Europe: PEST Analysis
Figure 8. APAC: PEST Analysis
Figure 9. MEA: PEST Analysis
Figure 10. SAM: PEST Analysis
Figure 11. Expert Opinion
Figure 12. Special Boiling Point Solvents Market Impact Analysis Of Driver And Restraints
Figure 13. Geographic Overview of Special Boiling Points Solvents Market
Figure 14. Special Boiling Points Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 15. Special Boiling Point Solvents Market Revenue Share, by Solvent Base (2019 and 2027)
Figure 16. Petroleum Ether: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 17. Rubber Solvent : Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. Others: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 19. Special Boiling Point Solvents Market Revenue Share, by Application (2019 and 2027)
Figure 20. Paints and Coatings: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Rubbers and Tires: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Inks: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Adhesives: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Cleaning Agents: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Resins: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Others: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Global Special Boiling Point Solvents Market Revenue Share, by Region (2019 and 2027)
Figure 28. North America: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 29. North America: Special Boiling Point Solvents Market Revenue Share, Solvent Base (2019 and 2027)
Figure 30. North America: special boiling point solvents market Revenue Share, Application (2019 and 2027)
Figure 31. North America: special boiling point solvents market Revenue Share, by Key Country (2019 and 2027)
Figure 32. US: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Canada: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Mexico: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Europe: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Europe: special boiling point solvents market Revenue Share, Solvent Base (2019 and 2027)
Figure 37. Europe: special boiling point solvents market Revenue Share, Application (2019 and 2027)
Figure 38. Europe: special boiling point solvents market Revenue Share, by Key Country (2019 and 2027)
Figure 39. Germany: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 40. France: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 41. Italy: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 42. UK: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 43. Russia: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 44. Rest of Europe: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 45. Asia Pacific: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 46. Asia Pacific: special boiling point solvents market Revenue Share, Solvent Base (2019 and 2027)
Figure 47. Asia Pacific: special boiling point solvents market Revenue Share, Application (2019 and 2027)
Figure 48. Asia Pacific: special boiling point solvents market Revenue Share, by Key Country (2019 and 2027)
Figure 49. China: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 50. Australia: Special Boiling Point Solvents Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 51. Japan: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 52. India: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 53. South Korea: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 54. Rest of Asia Pacific: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 55. MEA: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 56. MEA: special boiling point solvents market Revenue Share, Solvent Base (2019 and 2027)
Figure 57. MEA: special boiling point solvents market Revenue Share, Application (2019 and 2027)
Figure 58. MEA: special boiling point solvents market Revenue Share, by Key Country (2019 and 2027)
Figure 59. South Africa: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 60. Saudi Arabia: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 61. UAE: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 62. Rest of MEA: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 63. South America: Special Boiling Point Solvents Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 64. South America: special boiling point solvents market Revenue Share, by Solvent Base (2019 and 2027)
Figure 65. South America: special boiling point solvents market Revenue Share, by Application (2019 and 2027)
Figure 66. North America: special boiling point solvents market Revenue Share, by Key Country (2019 and 2027)
Figure 67. Brazil: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 68. Argentina: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 69. Rest of South America: Special Boiling Point Solvents Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 70. Impact of COVID-19 Pandemic in North American Country Markets
Figure 71. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 72. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 73. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 74. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Global Special Boiling Points Solvents Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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