Global (AMER, APAC, BRICS and EMEA) Solvent Naphtha Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Solvent Naphtha Market



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 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. In 2019, the market size of Solvent Naphtha is 7586 million US$ and it will reach 10890 million US$ in 2025, growing at a CAGR of 5.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 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 studies the global market size of Solvent Naphtha, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Solvent Naphtha production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Solvent Naphtha Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Paraffin Solvent
CycloParaffin Solvent
C9 Solvent
C10 Solvent
Other

Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:

Paints & Coatings
Agro Chemicals
Rubber & Resin
Printing Inks
Industrial Cleaning
Other

Key Players, Recent Developments & Sector Viewpoints: Solvent Naphtha Market
  
Shell
ExxonMobil
Total
Chevron Phillips
SK
Calumet
Idemitsu
BP
DowDuPont
Citgo
Reliance
KAPCO
Mitsubishi
CEPSA
Ganga Rasayanie
JX Nippon Oil & Energy
Neste
CPC
Gulf Chemicals and Industrial Oils
Sinopec
CNPC
Jiangsu Hualun
Changshu Alliance Chemical
Suzhou Jiutai

Key Insights Covered: Exhaustive Solvent Naphtha Market
1.  Market size (sales, revenue and growth rate) of Solvent Naphtha industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Solvent Naphtha industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Solvent Naphtha industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Solvent Naphtha industry.

Research Methodology: Solvent Naphtha Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.