Aliphatic Solvent Market Trends

Growth Drivers

• Expanding Rubber Sector Will Increase Need for Aliphatic Solvents- The availability of turpentine alternatives, such as mineral spirits, broadens the range of aliphatic solvents available, and the use of aliphatic hydrocarbon solvents is one of the major factors propelling the global aliphatic solvents market. Rubber is manufactured with the use of aliphatic solvents. The solvents's adhesive qualities, which also soften and clean each rubber layer, keep the tire's components together. Safety and performance are enhanced by this. Global rubber production reached 13.8 million tons in 2021, according to WRIO. Rubber demand is predicted to rise as a result of the expanding shoe, automotive, and other industries. The need for aliphatic solvents is increasing as a result of large producers of rubber products moving to recyclable raw materials in response to global concerns about sustainability.
• Turpentine Substitution with Mineral Spirits- Although it is commonly utilized in the art industry, turpentine is known to generate toxic fumes and have a pungent smell. Similar to turpentine, mineral spirits are aliphatic solvents that carry out the same task without emitting any smells or fumes. Human skin, eyes, mucous membranes, and upper respiratory tracts are all irritated by nicotine. It can affect the central nervous system, gastrointestinal system, and urinary tract in addition to causing skin sensitization. These are the main causes of the substitution of mineral spirits for turpentine, which is anticipated to increase the aliphatic solvents market demand for aliphatic solvents.
• Growing Utilization of Organic Solvents and Technological Advancements- The key market participants will have a plethora of opportunities owing to the latest equipment, cutting-edge technologies, and the deployment of new systems. Furthermore, the market for aliphatic solvents will continue to develop in the future due to the growing regulatory pressure regarding the usage of organic solvents. Additionally, the growing need from developing and underdeveloped nations would present a chance for the aliphatic solvents market for aliphatic solvents to expand.

Challenges

• Negative Consequences and a Transition to Greener Substitutes to Hinder Development- Employees who work with solvents in the production of aliphatic solvents and thinners often come into contact with them, which can be detrimental to their respiratory and neurological systems. Because of the strict laws governing the use of solvents, producers of aliphatic solvents and thinners are now interested in using organic solvents as a substitute.
• The aliphatic solvents market is expected to develop more slowly due to the growing demand from makers of adhesives, paints & coatings, cosmetics, medications, and eco-friendly solvents such glycerol, ethanol, ethyl acetate, and d-limonene.
• Since aliphatic solvents are made from petroleum, their production and consumption will be negatively impacted by rising crude oil prices.