The Recent Report on Solvent Naphtha Market 2021 offers a thorough evaluation of key drivers, restraints, and opportunities pivotal to business expansion in the coming years. Further, the document contains an exhaustive discussion of the factors impacting the progression of the Solvent Naphtha industry segments and uncovers the top growth prospects for investors, manufacturers, and other stakeholders.
Final Report will add the analysis of the impact of COVID-19 on this industry.
This report studies the Solvent Naphtha market size (value and volume) by players, regions, product types and end industries, history data 2014-2019 and forecast data 2020-2026; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Global Solvent Naphtha market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including:
Short Description about 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.
With tables and figures helping analyze worldwide Global Solvent Naphtha market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Solvent Naphtha Breakdown Data by Type:
Solvent Naphtha Breakdown Data by Application:
This Solvent Naphtha Market Research/Analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is used for Solvent Naphtha?
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Solvent Naphtha Market?
- What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Solvent Naphtha Market?
- What Was Capacity, Production Value, Cost and PROFIT of Solvent Naphtha Market?
- What Is Current Market Status of Solvent Naphtha Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Solvent Naphtha Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Solvent Naphtha Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Solvent Naphtha Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Solvent Naphtha Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Solvent Naphtha Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Solvent Naphtha Industry?
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Solvent Naphtha market along with Report Research Design:
Solvent Naphtha Market Historic Data (2015-2019):
- Industry Trends: Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Solvent Naphtha Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Solvent Naphtha Market Forecast (2020-2026):
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
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