脱芳香族溶剤市場：引火点、沸点、用途別-2025-2030年の世界予測

脱芳香族溶剤市場は、2023年に13億3,000万米ドルと評価され、2024年には14億1,000万米ドルに達すると予測され、CAGR 6.21%で成長し、2030年には20億2,000万米ドルに達すると予測されています。

脱芳香族溶剤は、芳香族含有量の少ない特殊な炭化水素系溶剤であり、毒性と環境フットプリントの低減により様々な産業で利用されています。ベンゼンのような芳香族化合物の存在を最小限に抑えた精製された化学組成によって定義されるこれらの溶剤は、高い溶解力と低臭気プロファイルを提供し、塗料やコーティング剤から洗浄剤や工業製造に至るまで幅広い用途で不可欠なものとなっています。その必要性は、厳しい環境規制と、持続可能で安全な工業プロセスへの需要の高まりに起因しています。脱芳香族溶剤の需要は、接着剤、シーラント、印刷インキ、消費財などの汎用性と幅広い最終用途によって支えられています。市場の成長は、グリーンケミストリーへのシフトや、VOC（揮発性有機化合物）の排出を制限する規制圧力の高まりに大きく影響され、産業界を低毒性の代替品の採用に向かわせる。

この市場の潜在的機会は、環境規制が厳しい地域や、持続可能な製造やより安全な代替品への需要が高まっている急速な工業化が進む経済圏にあります。低毒性を維持しながら生分解性と性能を向上させる製品配合の強化により、新たな市場と用途が開拓される可能性があります。しかし、従来の溶剤に比べて高い製造コストや原料調達の課題といった制約が、大きな障害となっています。さらに、特にコストに敏感な業界では、変化への抵抗が採用率を鈍らせる可能性があります。技術革新の主な発展分野には、競争力のある環境に優しい溶剤を生み出すための、コスト効率の高い加工技術の開発や再生可能な原料調達などがあります。化学メーカーとエンドユーザーのコラボレーションを促進することで、オーダーメイドの製品ソリューションを育成し、価値を高め、市場への浸透を促進することができます。市場情勢は非常にダイナミックで、規制状況、技術の進歩、環境への影響に関する消費者の意識の高まりによって左右されます。企業は、環境効率の高い技術への研究開発投資を優先し、戦略的パートナーシップを確立して、この進化するエコシステムを効果的にナビゲートすべきです。

市場力学：急速に進化する脱芳香族溶剤市場の主要市場インサイトを公開

脱芳香族溶剤市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的意思決定、新たなビジネスチャンスの獲得を行うことができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 塗料・コーティング業界からの脱芳香族溶剤需要の増加
  • バイオベースの脱芳香族溶剤ソリューションの採用
• 市場抑制要因
  • 脱芳香族溶剤の生産に必要な原材料コストの変動
• 市場機会
  • 脱芳香族溶剤の性能向上のための継続的研究開発
  • 脱芳香族溶剤製造施設の急速な拡大
• 市場の課題
  • 脱芳香族溶剤製造の複雑さ

ポーターのファイブフォース：脱芳香族溶剤市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、脱芳香族溶剤市場の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：脱芳香族溶剤市場における外部からの影響の把握

外部マクロ環境要因は、脱芳香族溶剤市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析脱芳香族溶剤市場における競合情勢の把握

脱芳香族溶剤市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックス脱芳香族溶剤市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、脱芳香族溶剤市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨脱芳香族溶剤市場における成功への道筋を描く

脱芳香族溶剤市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネスチャンスを活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目分野を網羅した市場の包括的な分析を提供しています：

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力の評価。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 塗料・コーティング業界からの脱芳香族溶剤の需要増加
    • バイオベースの脱芳香族溶媒ソリューションの採用
  • 抑制要因
    • 脱芳香族溶剤の生産に必要な原材料費の変動
  • 機会
    • 脱芳香族溶剤のパフォーマンスを向上させるための継続的な研究開発
    • 脱芳香族溶剤製造設備の急速な拡大
  • 課題
    • 脱芳香族溶剤の製造における複雑さ
• 市場セグメンテーション分析
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 脱芳香族溶剤市場フラッシュポイント

• 高い引火点
• 低引火点
• 中程度の引火点

第7章 脱芳香族溶剤市場沸点別

• 1850℃-2400℃
• 1850年頃
• >2400℃

第8章 脱芳香族溶剤市場：用途別

• 接着剤とシーラント
• 掘削流体
• 産業用クリーニング
• 金属加工
• 塗料とコーティング

第9章 南北アメリカの脱芳香族溶剤市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第10章 アジア太平洋地域の脱芳香族溶剤市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第11章 欧州・中東・アフリカの脱芳香族溶剤市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第12章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• Arham Petrochem Private Limited
• Avani Petrochem Pvt. Ltd.
• CEPSA QUIMICA, S.A.
• DHC Solvent Chemie GmbH
• Exxon Mobil Corporation
• Gandhar Oil Refinery India Ltd.
• Isu Exachem Co, Ltd.
• Mehta Petro Refineries Limited
• Neste Corporation
• Oleotecnica S.p.A.
• Pon Pure Chemicals Group
• Recochem Corporation
• Royal Dutch Shell plc
• Sasol Limited
• SK geo centric Co., Ltd.
• TotalEnergies S.A.
• UTS GROUP

LIST OF FIGURES

• FIGURE 1. DE-AROMATIC SOLVENTS MARKET RESEARCH PROCESS
• FIGURE 2. DE-AROMATIC SOLVENTS MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 13. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 15. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 17. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. DE-AROMATIC SOLVENTS MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 21. DE-AROMATIC SOLVENTS MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. DE-AROMATIC SOLVENTS MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. DE-AROMATIC SOLVENTS MARKET DYNAMICS
• TABLE 7. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY HIGH FLASH POINT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY LOW FLASH POINT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY MEDIUM FLASH POINT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY 1850C - 2400 C, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY <1850 C, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY >2400 C, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY ADHESIVES & SEALANTS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY DRILLING FLUIDS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY INDUSTRIAL CLEANING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY METAL WORKING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL DE-AROMATIC SOLVENTS MARKET SIZE, BY PAINTS & COATINGS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 23. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 24. AMERICAS DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 25. ARGENTINA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 26. ARGENTINA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 27. ARGENTINA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 28. BRAZIL DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 29. BRAZIL DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 30. BRAZIL DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 31. CANADA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 32. CANADA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 33. CANADA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 34. MEXICO DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 35. MEXICO DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 36. MEXICO DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 37. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 38. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 39. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 40. UNITED STATES DE-AROMATIC SOLVENTS MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 41. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 42. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 43. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 44. ASIA-PACIFIC DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 45. AUSTRALIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 46. AUSTRALIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 47. AUSTRALIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 48. CHINA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 49. CHINA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 50. CHINA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 51. INDIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 52. INDIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 53. INDIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 54. INDONESIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 55. INDONESIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 56. INDONESIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 57. JAPAN DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 58. JAPAN DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 59. JAPAN DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 60. MALAYSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 61. MALAYSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 62. MALAYSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 63. PHILIPPINES DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 64. PHILIPPINES DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 65. PHILIPPINES DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 66. SINGAPORE DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 67. SINGAPORE DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 68. SINGAPORE DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 69. SOUTH KOREA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 70. SOUTH KOREA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 71. SOUTH KOREA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 72. TAIWAN DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 73. TAIWAN DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 74. TAIWAN DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 75. THAILAND DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 76. THAILAND DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 77. THAILAND DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 78. VIETNAM DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 79. VIETNAM DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 80. VIETNAM DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 81. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 82. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 83. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 84. EUROPE, MIDDLE EAST & AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 85. DENMARK DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 86. DENMARK DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 87. DENMARK DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 88. EGYPT DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 89. EGYPT DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 90. EGYPT DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 91. FINLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 92. FINLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 93. FINLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 94. FRANCE DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 95. FRANCE DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 96. FRANCE DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 97. GERMANY DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 98. GERMANY DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 99. GERMANY DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 100. ISRAEL DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 101. ISRAEL DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 102. ISRAEL DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 103. ITALY DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 104. ITALY DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 105. ITALY DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 106. NETHERLANDS DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 107. NETHERLANDS DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 108. NETHERLANDS DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 109. NIGERIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 110. NIGERIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 111. NIGERIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 112. NORWAY DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 113. NORWAY DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 114. NORWAY DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 115. POLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 116. POLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 117. POLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 118. QATAR DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 119. QATAR DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 120. QATAR DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 121. RUSSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 122. RUSSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 123. RUSSIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 124. SAUDI ARABIA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 125. SAUDI ARABIA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 126. SAUDI ARABIA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 127. SOUTH AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 128. SOUTH AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 129. SOUTH AFRICA DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 130. SPAIN DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 131. SPAIN DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 132. SPAIN DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 133. SWEDEN DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 134. SWEDEN DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 135. SWEDEN DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 136. SWITZERLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 137. SWITZERLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 138. SWITZERLAND DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 139. TURKEY DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 140. TURKEY DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 141. TURKEY DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 142. UNITED ARAB EMIRATES DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 143. UNITED ARAB EMIRATES DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 144. UNITED ARAB EMIRATES DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 145. UNITED KINGDOM DE-AROMATIC SOLVENTS MARKET SIZE, BY FLASH POINT, 2018-2030 (USD MILLION)
• TABLE 146. UNITED KINGDOM DE-AROMATIC SOLVENTS MARKET SIZE, BY BOILING POINT, 2018-2030 (USD MILLION)
• TABLE 147. UNITED KINGDOM DE-AROMATIC SOLVENTS MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 148. DE-AROMATIC SOLVENTS MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 149. DE-AROMATIC SOLVENTS MARKET, FPNV POSITIONING MATRIX, 2023

The De-Aromatic Solvents Market was valued at USD 1.33 billion in 2023, expected to reach USD 1.41 billion in 2024, and is projected to grow at a CAGR of 6.21%, to USD 2.02 billion by 2030.

De-aromatic solvents are specialized hydrocarbon solvents with low aromatic content utilized across various industries due to their reduced toxicity and environmental footprint. Defined primarily by their refined chemical composition, which minimizes the presence of aromatic compounds such as benzene, these solvents offer high solvency strength and a low odor profile, rendering them essential in applications ranging from paints and coatings to cleaning agents and industrial manufacturing. Their necessity stems from stringent environmental regulations and the growing demand for sustainable and safer industrial processes. The demand for de-aromatic solvents is bolstered by their versatility and broad end-use applications, including adhesives, sealants, printing inks, and consumer goods. Market growth is significantly influenced by the shift towards green chemistry and increasing regulatory pressures to limit VOC (volatile organic compound) emissions, driving industries towards adopting lower toxicity alternatives.

Potential opportunities in this market lie in regions with stringent environmental regulations and rapidly industrializing economies where the demand for sustainable manufacturing and safer alternatives is rising. Enhancements in product formulations to increase biodegradability and performance while maintaining low toxicity could unlock new markets and applications. However, limitations such as higher production costs compared to traditional solvents and challenges in raw material procurement pose significant hurdles. Furthermore, resistance to change, particularly in cost-sensitive industries, could slow the adoption rate. Key areas for innovation include the development of cost-effective processing techniques and renewable raw material sourcing to create competitive, eco-friendly solvents. Encouraging collaboration between chemical manufacturers and end-users can foster tailored product solutions, enhancing value and facilitating market penetration. The nature of the de-aromatic solvents market is highly dynamic and driven by regulatory landscapes, technological advancements, and increasing consumer awareness regarding environmental impacts. Companies should prioritize R&D investments in eco-efficient technologies and establish strategic partnerships to navigate this evolving ecosystem effectively.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving De-Aromatic Solvents Market

The De-Aromatic Solvents Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing demand for de-aromatic solvents from the paints and coatings industry
  • Adoption of bio-based de-aromatic solvent solutions
• Market Restraints
  • Volatility in raw material cost required for the production of de-aromatic solvents
• Market Opportunities
  • Ongoing R&D to improve the performance of de-aromatic solvents
  • Rapid expansion of de-aromatic solvent manufacturing facilities
• Market Challenges
  • Complexity in manufacturing of de-aromatic solvents

Porter's Five Forces: A Strategic Tool for Navigating the De-Aromatic Solvents Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the De-Aromatic Solvents Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the De-Aromatic Solvents Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the De-Aromatic Solvents Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the De-Aromatic Solvents Market

A detailed market share analysis in the De-Aromatic Solvents Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the De-Aromatic Solvents Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the De-Aromatic Solvents Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the De-Aromatic Solvents Market

A strategic analysis of the De-Aromatic Solvents Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the De-Aromatic Solvents Market, highlighting leading vendors and their innovative profiles. These include Arham Petrochem Private Limited, Avani Petrochem Pvt. Ltd., CEPSA QUIMICA, S.A., DHC Solvent Chemie GmbH, Exxon Mobil Corporation, Gandhar Oil Refinery India Ltd., Isu Exachem Co, Ltd., Mehta Petro Refineries Limited, Neste Corporation, Oleotecnica S.p.A., Pon Pure Chemicals Group, Recochem Corporation, Royal Dutch Shell plc, Sasol Limited, SK geo centric Co., Ltd., TotalEnergies S.A., and UTS GROUP.

Market Segmentation & Coverage

This research report categorizes the De-Aromatic Solvents Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Flash Point, market is studied across High Flash Point, Low Flash Point, and Medium Flash Point.
• Based on Boiling Point, market is studied across 1850C - 2400 C, 2400 C.
• Based on Application, market is studied across Adhesives & Sealants, Drilling Fluids, Industrial Cleaning, Metal Working, and Paints & Coatings.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing demand for de-aromatic solvents from the paints and coatings industry
    • 5.1.1.2. Adoption of bio-based de-aromatic solvent solutions
  • 5.1.2. Restraints
    • 5.1.2.1. Volatility in raw material cost required for the production of de-aromatic solvents
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing R&D to improve the performance of de-aromatic solvents
    • 5.1.3.2. Rapid expansion of de-aromatic solvent manufacturing facilities
  • 5.1.4. Challenges
    • 5.1.4.1. Complexity in manufacturing of de-aromatic solvents
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. De-Aromatic Solvents Market, by Flash Point

• 6.1. Introduction
• 6.2. High Flash Point
• 6.3. Low Flash Point
• 6.4. Medium Flash Point

7. De-Aromatic Solvents Market, by Boiling Point

• 7.1. Introduction
• 7.2. 1850C - 2400 C
• 7.3. <1850 C
• 7.4. >2400 C

8. De-Aromatic Solvents Market, by Application

• 8.1. Introduction
• 8.2. Adhesives & Sealants
• 8.3. Drilling Fluids
• 8.4. Industrial Cleaning
• 8.5. Metal Working
• 8.6. Paints & Coatings

9. Americas De-Aromatic Solvents Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific De-Aromatic Solvents Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa De-Aromatic Solvents Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Arham Petrochem Private Limited
• 2. Avani Petrochem Pvt. Ltd.
• 3. CEPSA QUIMICA, S.A.
• 4. DHC Solvent Chemie GmbH
• 5. Exxon Mobil Corporation
• 6. Gandhar Oil Refinery India Ltd.
• 7. Isu Exachem Co, Ltd.
• 8. Mehta Petro Refineries Limited
• 9. Neste Corporation
• 10. Oleotecnica S.p.A.
• 11. Pon Pure Chemicals Group
• 12. Recochem Corporation
• 13. Royal Dutch Shell plc
• 14. Sasol Limited
• 15. SK geo centric Co., Ltd.
• 16. TotalEnergies S.A.
• 17. UTS GROUP