Increasing Importance of Diluents in Coatings and Paints Sector is Imperative for Development of Aliphatic Solvents and Thinners Market

Global aliphatic solvents and thinners market is on course to witness considerable development in the near future as the applications of diluents increasingly grow in the paints and coating sector. The increasing demand for different paints and coatings from a wide range of end-use industries such as protective paints and coatings, industrial, decoration and confetti, and automotive among others is also helping to push the growth of the global aliphatic solvents and thinners market.

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In addition to this, increasing demand from both commercial as well as residential building and construction sector in the developing economies are presenting host of business opportunities for the overall development of the global aliphatic solvents and thinners market.

The vendor landscape of the global aliphatic solvents and thinners is a fairly fragmented due to the presence of several important players. The competition in the market is quite intense as every leading company is trying to score one over their rivals. With that objective in mind, the leading players in the global aliphatic solvents and thinners market are resorting to aggressive marketing strategies such as mergers, acquisitions, and joint ventures to stay ahead of the competition.

Some of the notable developments that recently shaped the global aliphatic solvents and thinners market are given below:

  • In March 2017, in an effort to bolster its research and development activities in the region of Asia Pacific, Royal Dutch Shell Plc. launched a facility in Bengaluru, India. The newly inaugurated Shell Technology Center has the capacity of accommodating more than 1500 experts working on a wide range of innovative projects in the world. There are two other technology hubs similar to this one. These hubs are located in the Netherland and the US respectively.
  • In September 2017, the Ethylene Acrylic Acid (EAA) segment of the Dow Chemical Company was completely taken over by the SK Global Chemical Co. Ltd.

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Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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