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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.
Scope of the Report:
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.
The worldwide market for Naphthenic Acid is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Naphthenic Acid 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.
Market Segment by Manufacturers, this report covers
- Paint aMerichem
- Sea Chemical
- Ming Ring
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Refined Naphthenic Acid
- High-purity Naphthenic Acid
Market Segment by Applications, can be divided into
- Paint and Ink Driers
- Wood Preservatives
- Fuel and Lubricant Additives
- Rubber Additives
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Naphthenic Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Naphthenic Acid, with price, sales, revenue and global market share of Naphthenic Acid in 2017 and 2018.
Chapter 3, the Naphthenic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Naphthenic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Naphthenic Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Naphthenic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.