According to our (Global Info Research) latest study, the global Light Aromatic Solvent Naphtha (Petroleum) market size was valued at US$ 10020 million in 2024 and is forecast to a readjusted size of USD 13240 million by 2031 with a CAGR of 4.1% during review period.
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.
Light Aromatic Solvent Naphtha, also known as petroleum light aromatic solvent naphtha, is an organic chemical solvent widely used across various industrial sectors. The market for this solvent is sizable and steadily growing, primarily driven by demand from manufacturing, chemical, paint, and coatings industries. Its exceptional solvency and volatility make it an ideal choice for cleaning, dissolving, diluting, and mixing applications. The future development prospects are promising, as the increasing environmental awareness drives the demand for renewable and eco-friendly solvents, which will further fuel innovation and market expansion for light aromatic solvent naphtha. 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 is a detailed and comprehensive analysis for global Light Aromatic Solvent Naphtha (Petroleum) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Light Aromatic Solvent Naphtha (Petroleum) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Light Aromatic Solvent Naphtha (Petroleum) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Light Aromatic Solvent Naphtha (Petroleum) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Light Aromatic Solvent Naphtha (Petroleum) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Light Aromatic Solvent Naphtha (Petroleum)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Light Aromatic Solvent Naphtha (Petroleum) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, ExxonMobil, TotalEnergies, SK Geo Centric, Hanwha Total, Flint Hills Resources, Haltermann Carless, Braskem, DHC Solvent Chemie, Ganga Rasayanie, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Light Aromatic Solvent Naphtha (Petroleum) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Purity≥98%
Purity≥99%
Other
Market segment by Application
Paints & Coatings
Agro Chemicals
Rubber & Resin
Printing Inks
Others
Major players covered
Shell
ExxonMobil
TotalEnergies
SK Geo Centric
Hanwha Total
Flint Hills Resources
Haltermann Carless
Braskem
DHC Solvent Chemie
Ganga Rasayanie
Sinopec
CNPC
Jiangsu Hualun Chemical
Suzhou Jiutai Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Light Aromatic Solvent Naphtha (Petroleum) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Light Aromatic Solvent Naphtha (Petroleum), with price, sales quantity, revenue, and global market share of Light Aromatic Solvent Naphtha (Petroleum) from 2020 to 2025.
Chapter 3, the Light Aromatic Solvent Naphtha (Petroleum) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Light Aromatic Solvent Naphtha (Petroleum) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Light Aromatic Solvent Naphtha (Petroleum) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Light Aromatic Solvent Naphtha (Petroleum).
Chapter 14 and 15, to describe Light Aromatic Solvent Naphtha (Petroleum) sales channel, distributors, customers, research findings and conclusion.
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook