Solvent Naphtha Market To Grow Owing to Rising Usage For Paints & Coatings, Agro Chemicals, Rubber & Resin Applications Till 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.
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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.
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
·
Calumet
·
Dow
·
Citgo
·
Reliance
·
KAPCO
·
Mitsubishi
·
CEPSA
·
JX Nippon Oil & energy
·
Neste
·
CPC Corporation
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