The Global Sodium Naphthenate Market, a critical segment of the specialty chemicals industry, was valued at USD 214.7 Million in 2023 and is projected to reach USD 289.5 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2023–2028). This steady growth is fueled by robust demand from the paint and coatings industry, its use as a catalyst and drier, and expanding applications in agricultural chemicals and other industrial sectors.

As industries worldwide seek efficient and effective chemical additives, sodium naphthenate, a metallic soap derived from naphthenic acids, plays a pivotal role. Its properties as a surfactant, emulsifier, and catalyst make it indispensable. In this blog, we profile the Top 10 Companies in the Sodium Naphthenate Market—a mix of established chemical manufacturers and specialized producers shaping the supply chain and driving innovation in this niche but vital market.

Download FREE Sample Report:
Sodium Naphthenate Market – View in Detailed Research Report

---

🔟 1. Minghuan Chemical

Headquarters: Shandong, China
Key Offering: Sodium Naphthenate (3% Nickel, 5% Nickel), Custom Metallic Soaps

Minghuan Chemical is a leading global manufacturer of metallic soaps and naphthenate derivatives. The company has established a strong reputation for high-purity sodium naphthenate, catering primarily to the paint, coating, and lubricant industries. Their production capabilities allow for tailored formulations to meet specific customer requirements.

Strategic Focus:

• Expansion of production capacity to meet growing Asian and global demand

• Investment in R&D for advanced naphthenate applications in new industries

• Strengthening distribution networks across Europe and North America

---

9️⃣ 2. Zhang Ming Chemical

Headquarters: Jiangsu, China
Key Offering: Sodium Naphthenate, Cobalt Naphthenate, Manganese Naphthenate

Zhang Ming Chemical specializes in the production of various naphthenate salts, with sodium naphthenate being a core product. The company serves a diverse clientele in the coatings, ink, and adhesive sectors, providing consistent quality and reliable supply chain logistics.

Strategic Focus:

• Focus on high-value, specialized naphthenate formulations

• Emphasis on sustainable production processes and environmental compliance

---

8️⃣ 3. Changfeng Chemical

Headquarters: Shanghai, China
Key Offering: Sodium Naphthenate, Calcium Naphthenate, Other Metal Soaps

Changfeng Chemical is a well-established player in the chemical additives market, with significant production volumes of sodium naphthenate. The company leverages its technical expertise to supply products that enhance the performance of drying agents in paints and varnishes.

Strategic Focus:

• Vertical integration to control raw material quality and costs

• Developing applications for sodium naphthenate in agricultural chemicals

---

7️⃣ 4. On King Siccative

Headquarters: Taiwan, China
Key Offering: Siccatives (Driers), Sodium Naphthenate, Cobalt-Based Driers

On King Siccative is a specialist manufacturer focused on driers and catalysts for the coating industry. Their sodium naphthenate products are critical components in formulations that accelerate the drying time of paints and printing inks, making them a key supplier to manufacturers in the region.

Strategic Focus:

• Expertise in tailor-made drier solutions for specific coating systems

• Maintaining a strong presence in the Southeast Asian market

Download FREE Sample Report:
Sodium Naphthenate Market – View in Detailed Research Report

---

6️⃣ 5. Shepherd Chemical Company

Headquarters: Cincinnati, Ohio, USA
Key Offering: Metal Carboxylates, Sodium Naphthenate, Speciality Chemicals

As a major US-based producer of metal-based specialty chemicals, Shepherd Chemical Company offers high-quality sodium naphthenate. The company serves a wide range of industries, including plastics, lubricants, and coatings, with a focus on technical support and customer collaboration.

Strategic Focus:

• Investment in environmentally preferable chemical alternatives

• Strategic partnerships with end-users for product co-development

---

5️⃣ 6. OM Group, Inc. (OMGI)

Headquarters: Cleveland, Ohio, USA
Key Offering: Cobalt and Metal Chemicals, Sodium Naphthenate, Battery Materials

OM Group is a global leader in specialty chemicals, particularly cobalt and nickel products. Their expertise extends to sodium naphthenate, which is used in various catalytic and drying applications. The company’s strong R&D focus drives innovation in performance chemicals.

Strategic Focus:

• Leveraging expertise in cobalt chemistry for advanced naphthenate formulations

• Expanding market reach in emerging economies

---

4️⃣ 7. Ege Kimya

Headquarters: Istanbul, Turkey
Key Offering: Driers, Sodium Naphthenate, Catalysts for Paints

Ege Kimya is a prominent supplier of chemical additives for the paint, ink, and adhesive industries in the EMEA region. The company provides sodium naphthenate as a key component in its comprehensive portfolio of drying and catalytic agents.

Strategic Focus:

• Strengthening distribution channels across Europe, the Middle East, and Africa

• Focus on providing technical service and formulation advice to customers

---

3️⃣ 8. Toei Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Metallic Soaps, Sodium Naphthenate, PVC Stabilizers

Toei Chemical is a leading Japanese manufacturer of metallic soaps and stabilizers. The company produces high-purity sodium naphthenate used in various industrial processes, benefiting from Japan’s strong manufacturing and quality control standards.

Strategic Focus:

• Development of high-performance additives for the plastics industry

• Expansion into specialty applications beyond traditional uses

---

2️⃣ 9. Comar Chemicals

Headquarters: Maharashtra, India
Key Offering: Sodium Naphthenate, Paint Driers, Chemical Intermediates

Comar Chemicals is a significant Indian manufacturer specializing in additives for the booming paint and coating industry. The company’s sodium naphthenate products are essential for domestic and regional markets, supporting the construction and manufacturing sectors.

Strategic Focus:

• Catering to the rapidly growing Indian and South Asian markets

• Cost-effective production to remain competitive

---

1️⃣ 10. Synegis Specialties AG

Headquarters: Zug, Switzerland
Key Offering: Specialty Catalysts, Sodium Naphthenate, Performance Additives

Synegis Specialties is a European chemical company focused on high-value specialty chemicals and catalysts. Their sodium naphthenate is used in demanding applications where precise performance and purity are critical, serving advanced industrial and chemical synthesis markets.

Strategic Focus:

• Focus on niche, high-margin applications for metallic soaps

• Strong emphasis on innovation and customer-specific solutions

Get Full Report Here:
Sodium Naphthenate Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Sodium Naphthenate is Diversified and Innovative

The sodium naphthenate market is characterized by steady, incremental growth driven by its established applications. However, the industry is also exploring new frontiers as chemical manufacturers seek to diversify and add value to their product portfolios.

📈 Key Trends Shaping the Market:

• Shift towards Bio-based and Sustainable Alternatives: Growing environmental regulations are pushing manufacturers to develop more eco-friendly versions of metallic soaps and driers.

• Expansion in Emerging Economies: Rapid industrialization and urbanization in Asia-Pacific and other regions are driving demand for paints, coatings, and associated chemicals.

• Application Diversification: Research into new uses for sodium naphthenate in sectors like agriculture (as a plant growth regulator) and energy is ongoing.

• Supply Chain Consolidation and Optimization: Companies are focusing on securing raw material supply (naphthenic acids) and improving production efficiency to maintain competitiveness.

Get Full Report Here:
Sodium Naphthenate Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemical additives—they are actively involved in the evolution and diversification of this specialized market, ensuring that sodium naphthenate continues to meet the changing needs of global industry.