Naphthenic acid is mixtures of naturally occurring cycloaliphatic carboxylic acids. Crude naphthenic acids extracted from high acid crude oil are dark brown oily liquid. After refined, they become transparent yellow or orange liquid. In this report, we study the refined naphthenic acids and high-purity naphthenic acids.
In 2015, the global naphthenic acid market is led by China. USA is the second-largest region-wise market. According to our research and analysis, manufacturers from USA, EU and China are the major leaders in the international market of naphthenic acid. Merichem is the world leader, holding 18.41% production market share in 2015.
Due to the severe shortage of crude naphthenic acid, the global naphthenic acid production shows negative growth in the past three years. Besides, the great odor and the polluting by-products also limited the production of naphthenic acid. Thus, the future of naphthenic acid industry is not that bright. It is expected that, in the future, naphthenic acid may be gradually replaced by 2-Ethylhexanoic acid in most areas. However, the demand for this market is relatively stable. At the present stage, this product will not be replaced.
In the future, the production of raw materials may continue to decrease. In the petroleum refining process, naphthenic acid is harmful byproducts. Therefore, fewer and fewer oil companies willing to produce this raw material. The price of naphthenic acid was rose year by year. In the future, we expect that prices will continue to rise.
According to this study, over the next five years the Naphthenic Acid market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Naphthenic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Naphthenic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Naphthenic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Refined Naphthenic Acid
High-purity Naphthenic Acid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Paint and Ink Driers
Wood Preservatives
Fuel and Lubricant Additives
Rubber Additives
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Paint aMerichem
Umicore
Midas
Fulltime
Sea Chemical
Changfeng
Ming Ring
Zhangming
Rare-Earth
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Naphthenic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Naphthenic Acid market by identifying its various subsegments.
Focuses on the key global Naphthenic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Naphthenic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Naphthenic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Naphthenic Acid . Industry analysis & Market Report on Naphthenic Acid is a syndicated market report, published as Global Naphthenic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Naphthenic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.