Global Solvent Naphtha Market Insights, Forecast to 2025

SKU ID : QYR- 13101877

Publishing Date : 15-Feb-2019

No. of pages : 127

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  • Solvent naphtha, which are composed of a mixture of hydrocarbons, are used in a variety of application areas and are incorporated in great number of formulated chemical products, including: architectural paints and protective coatings; printing inks and printing press cleaners; other cleaing compounds; pesticides; degreasing formulations; and household products. Solvent naphtha is a general term as each refinery produces its own naphtha with unique initial and final boiling points and other physical and composition characteristics.
    USA is the leading supplier of solvent naphtha, the production of which reached 1817 K MT in 2017, accounting for about 24.71% of the total global market. China, Europe, and Northeast Asia are also important supply region of solvent. Generally, the supply and demand of solvent naphtha has been stable in the global market, despite the dramatic decrease of supply in China. Despite the global economic recovery and the improvement in downstream demand, the China solvent naphtha industry is still overcapacity. And the increasingly stricter environment requirement and higher consumption tax also restrict the development of the industry. Some companies were forced to cut back production even close down some manufacturing bases. Sinopec and CNPC has sharply decreased the supply volume of solvent naphtha during the past 5 years.

    The top players cover Shell, ExxonMobil, Total, Chevron Phillips and SK etc., which are playing important roles in global Solvent Naphtha market. The Top 3 players in global market was 30.53% in 2017, while the share of top 5 players was 38.24%. The market is fragmented, also each company owns a broad product portfolio. Except policy affect, downstream demand is the key influence factor to the market.

    Paints & Coatings accounted for the largest market with about 27.51% of the global consumption for solvent naphtha in 2017. Moreover, it is anticipated to grow at a CAGR of 3.69% during the forecast period. With over 16.56% share of in the solvent naphtha market, Rubber & Resin was the second largest application market in 2017, and is anticipated to grow at a CAGR of 4.14%, in terms of consumption, during the forecast period.

    In recent years, sharp fluctuations of oil prices on the international market have affected the development of the world economy. Under the influence of raw material, market competitions and economic conditions, the price of solvent naphtha is also unstable. In the next few years, we predict that price will increase as the cost of crude oil has been hiking. As competition intensifies, prices gap between different brands will go narrowing.

    Global Solvent Naphtha market size will increase to 10900 Million US$ by 2025, from 7200 Million US$ in 2018, at a CAGR of 5.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Solvent Naphtha.

    This report researches the worldwide Solvent Naphtha market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
    This study categorizes the global Solvent Naphtha breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

    The following manufacturers are covered in this report:
    Shell
    ExxonMobil
    Total
    Chevron Phillips
    SK
    Calumet
    Idemitsu
    BP
    Dow
    Citgo
    Reliance
    KAPCO
    Mitsubishi
    CEPSA
    Ganga Rasayanie
    JX Nippon Oil & Energy
    Neste
    CPC Corporation
    Gulf Chemicals and Industrial Oils
    Sinopec
    CNPC
    Jiangsu Hualun
    Changshu Alliance Chemical
    Suzhou Jiutai Group

    Solvent Naphtha Breakdown Data by Type
    Paraffin Solvent
    CycloParaffin Solvent
    C9 Solvent
    C10 Solvent
    Other
    Solvent Naphtha Breakdown Data by Application
    Paints & Coatings
    Agro Chemicals
    Rubber & Resin
    Printing Inks
    Industrial Cleaning
    Other

    Solvent Naphtha Production Breakdown Data by Region
    United States
    Europe
    China
    Japan
    Other Regions

    Solvent Naphtha Consumption Breakdown Data by Region
    North America
    United States
    Canada
    Mexico
    Asia-Pacific
    China
    India
    Japan
    South Korea
    Australia
    Indonesia
    Malaysia
    Philippines
    Thailand
    Vietnam
    Europe
    Germany
    France
    UK
    Italy
    Russia
    Rest of Europe
    Central & South America
    Brazil
    Rest of South America
    Middle East & Africa
    GCC Countries
    Turkey
    Egypt
    South Africa
    Rest of Middle East & Africa

    The study objectives are:
    To analyze and research the global Solvent Naphtha capacity, production, value, consumption, status and forecast;
    To focus on the key Solvent Naphtha manufacturers and study the capacity, production, value, market share and development plans in next few years.
    To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
    To define, describe and forecast the market by type, application and region.
    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
    To identify significant trends and factors driving or inhibiting the market growth.
    To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
    To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.

    In this study, the years considered to estimate the market size of Solvent Naphtha :
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025
    For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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