Global Solvent Naphtha Market Growth 2019-2024

Published On: Mar 2019

Format: PDF

Publisher: LP infomation

Pages: 181

Report ID: 236540

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.


According to this study, over the next five years the Solvent Naphtha market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 9710 million by 2024, from US$ 7200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solvent Naphtha business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Solvent Naphtha market by product type, application, key manufacturers and key regions and countries.

This study considers the Solvent Naphtha value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Paraffin Solvent
CycloParaffin Solvent
C9 Solvent
C10 Solvent
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Paints & Coatings
Agro Chemicals
Rubber & Resin
Printing Inks
Industrial Cleaning
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Solvent Naphtha consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solvent Naphtha market by identifying its various subsegments.
Focuses on the key global Solvent Naphtha manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solvent Naphtha with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Solvent Naphtha submarkets, with respect to key regions (along with their respective key countries).
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.

Table of Contents

2019-2024 Global Solvent Naphtha Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solvent Naphtha Consumption 2014-2024
2.1.2 Solvent Naphtha Consumption CAGR by Region
2.2 Solvent Naphtha Segment by Type
2.2.1 Paraffin Solvent
2.2.2 CycloParaffin Solvent
2.2.3 C9 Solvent
2.2.4 C10 Solvent
2.2.5 Other
2.3 Solvent Naphtha Consumption by Type
2.3.1 Global Solvent Naphtha Consumption Market Share by Type (2014-2019)
2.3.2 Global Solvent Naphtha Revenue and Market Share by Type (2014-2019)
2.3.3 Global Solvent Naphtha Sale Price by Type (2014-2019)
2.4 Solvent Naphtha Segment by Application
2.4.1 Paints & Coatings
2.4.2 Agro Chemicals
2.4.3 Rubber & Resin
2.4.4 Printing Inks
2.4.5 Industrial Cleaning
2.4.6 Other
2.5 Solvent Naphtha Consumption by Application
2.5.1 Global Solvent Naphtha Consumption Market Share by Application (2014-2019)
2.5.2 Global Solvent Naphtha Value and Market Share by Application (2014-2019)
2.5.3 Global Solvent Naphtha Sale Price by Application (2014-2019)

3 Global Solvent Naphtha by Players
3.1 Global Solvent Naphtha Sales Market Share by Players
3.1.1 Global Solvent Naphtha Sales by Players (2017-2019)
3.1.2 Global Solvent Naphtha Sales Market Share by Players (2017-2019)
3.2 Global Solvent Naphtha Revenue Market Share by Players
3.2.1 Global Solvent Naphtha Revenue by Players (2017-2019)
3.2.2 Global Solvent Naphtha Revenue Market Share by Players (2017-2019)
3.3 Global Solvent Naphtha Sale Price by Players
3.4 Global Solvent Naphtha Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Solvent Naphtha Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Solvent Naphtha Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Solvent Naphtha by Regions
4.1 Solvent Naphtha by Regions
4.1.1 Global Solvent Naphtha Consumption by Regions
4.1.2 Global Solvent Naphtha Value by Regions
4.2 Americas Solvent Naphtha Consumption Growth
4.3 APAC Solvent Naphtha Consumption Growth
4.4 Europe Solvent Naphtha Consumption Growth
4.5 Middle East & Africa Solvent Naphtha Consumption Growth

5 Americas
5.1 Americas Solvent Naphtha Consumption by Countries
5.1.1 Americas Solvent Naphtha Consumption by Countries (2014-2019)
5.1.2 Americas Solvent Naphtha Value by Countries (2014-2019)
5.2 Americas Solvent Naphtha Consumption by Type
5.3 Americas Solvent Naphtha Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Solvent Naphtha Consumption by Countries
6.1.1 APAC Solvent Naphtha Consumption by Countries (2014-2019)
6.1.2 APAC Solvent Naphtha Value by Countries (2014-2019)
6.2 APAC Solvent Naphtha Consumption by Type
6.3 APAC Solvent Naphtha Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Solvent Naphtha by Countries
7.1.1 Europe Solvent Naphtha Consumption by Countries (2014-2019)
7.1.2 Europe Solvent Naphtha Value by Countries (2014-2019)
7.2 Europe Solvent Naphtha Consumption by Type
7.3 Europe Solvent Naphtha Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Solvent Naphtha by Countries
8.1.1 Middle East & Africa Solvent Naphtha Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Solvent Naphtha Value by Countries (2014-2019)
8.2 Middle East & Africa Solvent Naphtha Consumption by Type
8.3 Middle East & Africa Solvent Naphtha Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Solvent Naphtha Distributors
10.3 Solvent Naphtha Customer

11 Global Solvent Naphtha Market Forecast
11.1 Global Solvent Naphtha Consumption Forecast (2019-2024)
11.2 Global Solvent Naphtha Forecast by Regions
11.2.1 Global Solvent Naphtha Forecast by Regions (2019-2024)
11.2.2 Global Solvent Naphtha Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Solvent Naphtha Forecast by Type
11.8 Global Solvent Naphtha Forecast by Application

12 Key Players Analysis
12.1 Shell
12.1.1 Company Details
12.1.2 Solvent Naphtha Product Offered
12.1.3 Shell Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Shell News
12.2 ExxonMobil
12.2.1 Company Details
12.2.2 Solvent Naphtha Product Offered
12.2.3 ExxonMobil Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 ExxonMobil News
12.3 Total
12.3.1 Company Details
12.3.2 Solvent Naphtha Product Offered
12.3.3 Total Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Total News
12.4 Chevron Phillips
12.4.1 Company Details
12.4.2 Solvent Naphtha Product Offered
12.4.3 Chevron Phillips Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Chevron Phillips News
12.5 SK
12.5.1 Company Details
12.5.2 Solvent Naphtha Product Offered
12.5.3 SK Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 SK News
12.6 Calumet
12.6.1 Company Details
12.6.2 Solvent Naphtha Product Offered
12.6.3 Calumet Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Calumet News
12.7 Idemitsu
12.7.1 Company Details
12.7.2 Solvent Naphtha Product Offered
12.7.3 Idemitsu Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Idemitsu News
12.8 BP
12.8.1 Company Details
12.8.2 Solvent Naphtha Product Offered
12.8.3 BP Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 BP News
12.9 Dow
12.9.1 Company Details
12.9.2 Solvent Naphtha Product Offered
12.9.3 Dow Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Dow News
12.10 Citgo
12.10.1 Company Details
12.10.2 Solvent Naphtha Product Offered
12.10.3 Citgo Solvent Naphtha Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Citgo News
12.11 Reliance
12.12 KAPCO
12.13 Mitsubishi
12.14 CEPSA
12.15 Ganga Rasayanie
12.16 JX Nippon Oil & Energy
12.17 Neste
12.18 CPC Corporation
12.19 Gulf Chemicals and Industrial Oils
12.20 Sinopec
12.21 CNPC
12.22 Jiangsu Hualun
12.23 Changshu Alliance Chemical
12.24 Suzhou Jiutai Group

13 Research Findings and Conclusion