Global Solvent Naphtha Market Growth 2023-2029

Global Solvent Naphtha 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 “Solvent Naphtha Industry Forecast” looks at past sales and reviews total world Solvent Naphtha sales in 2022, providing a comprehensive analysis by region and market sector of projected Solvent Naphtha sales for 2023 through 2029. With Solvent Naphtha sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solvent Naphtha industry.
This Insight Report provides a comprehensive analysis of the global Solvent Naphtha 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 Solvent Naphtha portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solvent Naphtha market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solvent Naphtha 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 Solvent Naphtha.
The global Solvent Naphtha 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 Solvent Naphtha market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Paraffin Solvent
CycloParaffin Solvent
C9 Solvent
C10 Solvent
Other
Segmentation by application
Paints & Coatings
Agro Chemicals
Rubber & Resin
Printing Inks
Industrial Cleaning
Other
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
Total
Chevron Phillips
SK
Calumet
Idemitsu
BP
DuPont
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 Questions Addressed in this Report
What is the 10-year outlook for the global Solvent Naphtha market?
What factors are driving Solvent Naphtha market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solvent Naphtha market opportunities vary by end market size?
How does Solvent Naphtha 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.