Global Light Aromatic Solvent Naphtha (Petroleum) Market Growth 2023-2029

Global Light Aromatic Solvent Naphtha (Petroleum) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Light Aromatic Solvent Naphtha (Petroleum) Industry Forecast” looks at past sales and reviews total world Light Aromatic Solvent Naphtha (Petroleum) sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Aromatic Solvent Naphtha (Petroleum) sales for 2023 through 2029. With Light Aromatic Solvent Naphtha (Petroleum) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Aromatic Solvent Naphtha (Petroleum) industry.

This Insight Report provides a comprehensive analysis of the global Light Aromatic Solvent Naphtha (Petroleum) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Aromatic Solvent Naphtha (Petroleum) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Aromatic Solvent Naphtha (Petroleum) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Aromatic Solvent Naphtha (Petroleum) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Aromatic Solvent Naphtha (Petroleum).

The global Light Aromatic Solvent Naphtha (Petroleum) market size is projected to grow from US$ 8758.3 million in 2022 to US$ 11810 million in 2029; it is expected to grow at a CAGR of 11810 from 2023 to 2029.

Global Solvent Naphtha key players include Shell, ExxonMobil, SK, Total, Dow, etc. Global top five manufacturers hold a share about 40%. USA and Europe is the largest market, both with a share about 25%, followed by China, with a share about 20 percent. In terms of product, Paraffin Solvent is the largest segment, with a share about 40%. And in terms of application, the largest application is Paints & Coatings, followed by Rubber & Resin, Agro Chemicals, Printing Inks, Industrial Cleaning, etc.

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

Market Segmentation:

Segmentation by type
Purity≥98%
Purity≥99%
Other

Segmentation by application
Paints & Coatings
Agro Chemicals
Rubber & Resin
Printing Inks
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
ExxonMobil
TotalEnergies
SK Geo Centric
Hanwha Total
Flint Hills Resources
Haltermann Carless
Braskem
DHC Solvent Chemie
Ganga Rasayanie
Sinopec
CNPC
Jiangsu Hualun Chemical
Suzhou Jiutai Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Aromatic Solvent Naphtha (Petroleum) market?

What factors are driving Light Aromatic Solvent Naphtha (Petroleum) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Aromatic Solvent Naphtha (Petroleum) market opportunities vary by end market size?

How does Light Aromatic Solvent Naphtha (Petroleum) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.