“Solvent Naphtha Market Report 2019 to 2024” is the definitive study of the global Solvent Naphtha market. The content includes orientation technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and equipment suppliers.
The report firstly introduced the Solvent Naphtha basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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About Solvent Naphtha Industry
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.
The worldwide market for Solvent Naphtha is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 9710 million US$ in 2024, from 7200 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Solvent Naphtha in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Solvent Naphtha market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Solvent Naphtha market are:–
JX Nippon Oil & Energy
Gulf Chemicals and Industrial Oils
Changshu Alliance Chemical
Suzhou Jiutai Group
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Important application areas of Solvent Naphtha are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Solvent Naphtha market. The market study on Global Solvent Naphtha Market 2018 report studies present as well as future aspects of the Solvent Naphtha Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Solvent Naphtha Market are:
Paints & Coatings
Rubber & Resin
Product Segment Analysis of the Solvent Naphtha Market is:
Look into Table of Content of Solvent Naphtha Market Report at https://www.pioneerreports.com/TOC/300885
The scope of Solvent Naphtha Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Solvent Naphtha market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Solvent Naphtha Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
No Of Pages in Solvent Naphtha Market Report: 136
Single User Licence Price: USD 3480
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