Global Solvent Naphtha market is valued at 7200$ M in 2017 and will reach 10900$ M by the end of 2025, CAGR of 5.3%
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market
Pune, India – July 3, 2018 /MarketersMedia/ —
The global Solvent Naphtha market is valued at 7200 million US$ in 2017 and will reach 10900 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2018-2025.
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.
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Companies profiled in this report are 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 and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Paraffin Solvent
• CycloParaffin Solvent
• C9 Solvent
• C10 Solvent
• Other
Analysis by Applications, this report focuses on consumption, market share and growth rate of Solvent Naphtha in each application, can be divided into
• Paints & Coatings
• Agro Chemicals
• Rubber & Resin
• Printing Inks
• Industrial Cleaning
• Other
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Table of Contents:
1 Solvent Naphtha Market Overview
2 Global Solvent Naphtha Market Competition by Manufacturers
3 Global Solvent Naphtha Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Solvent Naphtha Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Solvent Naphtha Production, Revenue (Value), Price Trend by Types
6 Global Solvent Naphtha Market Analysis by Applications
7 Global Solvent Naphtha Manufacturers Profiles/Analysis
8 Solvent Naphtha Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Solvent Naphtha Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
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