Blending and Bottling of Thinners and Solvent Thinners. Production of Paint Thinners and Solvents
A paint thinner is a solvent used to reduce thickness of oil-based paints or clean up after their use. They can also be used to remove tar buildup and other compounds.
The thinner has the ability to reduce all coatings that use conventional high VOC thinners. Normally paint thinner is used to remove oil-based paint from brushes, rollers, equipment, and surfaces. However, there are many other applications and uses for paint thinner saving you money and time.
Paint thinner is one of the most common industrial chemicals, and it’s also one of the most versatile. In addition to thinning paint products for use and for cleanup, paint thinner is excellent for other industrial cleaning applications — removing stains, grease and more from certain surfaces.
Solvent, Substance, ordinarily a liquid, in which other materials dissolve to form a solution. Polar solvents (e.g., water) favour formation of ions; nonpolar ones (e.g., hydrocarbons) do not. Solvents may be predominantly acidic, predominantly basic, amphoteric (both), or aprotic (neither). Organic compounds used as solvents include aromatic compounds and other hydrocarbons, alcohols, esters, ethers, ketones, amines, and nitrated and halogenated hydrocarbons. Their chief uses are as media for chemical syntheses, as industrial cleaners, in extractive processes, in pharmaceuticals, in inks, and in paints, varnishes, and lacquers.
Moderate growth is estimated for India solvents market during the forecast period 2016 to 2024. In terms of volume, sales of solvents in India reached 2,019,743.5 tons in 2016; by 2024 this number is expected to reach nearly 3,000,000 tons, expanding at 4.7% CAGR. Robust adoption of solvents across various applications such as paints & coatings, plastic & polymer, adhesives & sealants, and pharmaceutical is a prominent factor driving growth of the market.
Industrial cleaning forms a primary application area for solvents, with variety of solvents utilized for cleaning applications across various industries including manufacturing, and healthcare. Market for industrial cleaning chemicals in India is expected to witness a significant growth. In addition, soaring manufacturing sector in the country is estimated to drive growth of domestic, institutional, and industrial cleaning chemicals market, which in turn is expected to fuel demand for solvents in India. Solvent polymerization is the most commonly used technique for polymer production in the country. Rapid consumption of solvents in rubber and polymer applications is further expected to drive demand for solvents in India.
As the paint industry is a major consumer of thinners & solvents, and is expanding at a tremendous speed, it is very obvious that the demand of thinners, too, will increase tremendously.
The industry of solvents is going through sluggish growth. For being an intermediate, the demand for solvents is dependent totally on the industry of end user. That is the reason that the industry of solvents is suffering from built up capacity which is in excess. The solvents industry is highly technology intensive and so requires a lot of capital investment. The solvents industry is highly organized for it has only a limited number of companies operating within it.
Coatings and paints are widely used in construction and manufacturing industries, which have been leading to the increase in demand for solvents in the abovementioned end use industries. Some of the major applications of solvents include adhesives and sealants, paints and coatings, printing inks. Demand for organic solvents has been continuously growing in the global market on account of its growing application across various end-use industries. However, growing environmental issues coupled with volatile nature of key raw material prices is expected to remain a key challenge for industry participants. To reduce these effects, the industry has shifted its focus towards developing bio-based solvents which are environmentally friendly in nature. In the quest to achieve sustainability, leading solvent manufacturers have been collaborating with top biotechnology firms to manufacture bio-based solvents.
The industrial solvents market can be segmented on the basis of products into hydrocarbons, acids, esters, glycols, aromatics, alcohols, ketones, ethers and other products. Hydrocarbon solvent is the leading segment owing to high demand from the end users due to its organic properties. Some of the applications of industrial solvents are dissolution agent, cleaning, and degreasing, paints and coatings, printing products and cleaning and others. Among all, dissolution agents dominated the industrial solvents market with around 48% of the share of the overall market. Paints and coatings segment is likely to experience a high growth in the forecast period owing to rising demand from infrastructure and automobile industry.
Industrial solvents market has significantly changed the modern living and made solvents one of the most valuable and useful products for various end user industries and manufacturing companies. Some of the more important uses of industrial solvents are in electronic industry, pesticides, photographic reproduction and textile industries. Large quantities of industrial solvents are also involved in oil refining and recovery, dry cleaning, rubber and polymer, fuel additives and metal degreasing. Most of the solvents in industrial solvents market are primarily used as dissolution agent in various industries which accounts for about half of market share followed by cleansing, degreasing and purification. The growing demand from pharmaceutical, paints and coating industry is fueling the global demand for industrial solvent market.
On the basis of product types, industrial solvents market can be segmented intooxygenated, hydrocarbon, and halogenated. These have been further segmented into alcohols, glycols, ketones, ethers, glycol ethers and esters for oxygenated solvents, aromatic and aliphatic solvents for hydrocarbon, perchloroethylene, methylene chloride, trichloroethylene for halogenated solvents. The other possible segmentation of industrial solvents market can be done on the basis of raw materials such conventional and green, whilst green industrial solvents market is expected to show high CAGR during the forecast period.
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