Hydrocarbon solvents or ultra-low aromatic solvents with iso-paraffinic, paraffinic, and naphthenic components are classified as de-aromatic solvents. They have a low aromatic concentration of about 2% and are commonly employed in printing ink applications. Solvent-based industrial paints and varnishes are widely utilised because of their low VOC content and quick drying qualities. De-aromatic solvents are also utilised in the manufacture of pesticides and mosquito repellents. De-aromatic solvents are used in a variety of industries, including automotive, maritime, and railways.
A prominent trend in the market is likely to be increased demand for flexographic inks from the packaging industry, which are utilised in the printing of packaging materials such as labels, cardboard, and paper bags. The expansion of the de-aromatized market in India can also be ascribed to the packaging industry's expansion as a result of increased demand for packaged goods.
Covid-19 Impact on De-aromatics Market
The COVID-19 pandemic has had a mixed influence on the de-aromatics end-use business. Oil and natural gas drilling generate a significant quantity of de-aromatics usage. Worldwide crude oil prices plummeted in April 2020 as a result of a dramatic drop in global demand for oil and natural gas, as well as travel restrictions around the world. As some countries have reduced lockdowns and stay-at-home orders, demand for oil and natural gas has begun to recover. Global oil consumption is expected to fall by 8.15 million bpd to 92.89 million bpd by the end of 2020, according to the EIA.
Paint manufacturing is another viable application for India de-aromatic solvents market. The market is predicted to grow due to the introduction of new goods. Several firms debuted unique forms of primary coatings at the Japan Paints & Coatings Expo. The expo took place in Osaka, Japan, in June 2021. Inks and colours used in painting can include compounds that are exceedingly hazardous if ingested. Solvent-based paints are very effective at regulating emissions released during application, which is commonly required when working with combustible paint mixtures. Long-term exposure to volatile organic solvents can harm the digestive system, the brain system, and possibly lead to cancer, in addition to the immediate effects of inhalation. Paint manufacturers must incorporate these compounds in their paints as a result of this threat.
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