According to the latest market report published by Persistence Market Research titled ‘Global Market Study on De-aromatic Solvents: Increasing Demand for Paints and Coatings, Metal Working Industries to Drive the Growth of Market During the Forecast Period 2016 - 2022’, globally, the revenue generated from sales of de-aromatic solvents has been estimated to be valued at US$ 1.56 Bn by 2016 end, and is expected to increase at a CAGR of 5.9% during 2016 - 2022.

De-aromatic solvents, also called dearomatized hydrocarbon solvents or ultra-low aromatic solvents, are a class of hydrocarbon solvents that are characterized by the presence of paraffinic, iso-paraffinic, and naphthenic components with very low aromatic content (