Solvent Naphtha Market Analysis of Sales, Revenue, Price and Growth Rate to 2022

Global Solvent Naphtha Market is segmented on the basis of product types, applications, and region. A flammable liquid distillate containing principally xylenes and higher aromatic hydrocarbons and usually boiling higher than ligroin, obtained especially from coal tar light oils or coke-over-gas light oils or from petroleum cracking, and used chiefly as a solvent and as a raw material for coumarone indene resins.

Naphtha is crude oil refinery’s light product mostly used as either feedstock for petrochemical cracking or gasoline blending and reforming. With the development in technologies, naphtha could also be produced from condensate splitting and gas-to-liquid processing. Naphtha is classified, by type into Heavy Naphtha and Paraffinic Naphtha. Paraffinic naphtha is rich in olefins and best-suited for olefin/polyolefin production. Heavy naphtha is mainly used for gasoline reforming and aromatic production.

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Solvent naphtha is catalytically reformed and desulfurized in certain refineries. Such naphtha is termed as virgin naphtha. The reformation re-structures or re-arranges hydrocarbon molecules in naphtha and also breaks certain molecules into petite ones for producing gasoline’s or petrol’s high-octane component. The other sources of naphtha include shale deposits, wood’s destructive distillation, tar sands, and coal tar. Some petroleum refineries do produce specialty naphthas that find applications in various purification processes.

Solvent Naphtha Market is classified, by product type into Paraffin Solvent, Cyclo Paraffin Solvent, C9 Solvent, and C10 Solvent. Naphtha solvent C9 of good quality is used by the paint, coating and printing industries. Solvent Naphtha Market is classified, by applications into Agrochemicals, Rubber & Resin, Printing Inks, Industrial Cleaning. Solvent Naphtha Market is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Solvent Naphtha Market key players are Shell, Exxon Mobil, Total, Chevron Phillips, SK, Calumet, BP, Dow, Citgo, Reliance, KAPCO, Mitsubishi, CEPSA, JX Nippon Oil & Energy, Neste, and CPC Corporation.

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