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The naphtha market is forecasted to grow by USD 44.3 billion during 2023-2028, accelerating at a CAGR of 3.72% during the forecast period. The report on the naphtha market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for naphtha in petrochemical industry, rising adoption of naphtha in agricultural industry, and rising demand for petrochemical feedstock.
The naphtha market is segmented as below:
By Type
- Heavy naphtha
- Light naphtha
By Application
- Chemicals
- Energy/fuel
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the naphtha market covers the following areas:
- Naphtha market sizing
- Naphtha market forecast
- Naphtha market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global naphtha market: 2M Holdings Ltd., Alexandria Mineral Oils Co., Bajrang Petrochemicals Pvt. Ltd., Basin Electric Power Cooperative, Chevron Corp., China Petrochemical Corp., Exxon Mobil Corp., Formosa Petrochemical Corp., Ganga Rasayanie Pvt. Ltd., Indian Oil Corp. Ltd., LG Chem Ltd., Mitsubishi Chemical Corp., PAO NOVATEK, Pyroplast Energy Ltd., QatarEnergy, Reliance Industries Ltd., Sasol Ltd., Saudi Arabian Oil Co., Shell plc, and UPM Kymmene Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in investment in extraction of naphtha."
According to the report, one of the major drivers for this market is the increase in demand for naphtha in petrochemical industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 2M Holdings Ltd.
- Alexandria Mineral Oils Co.
- Bajrang Petrochemicals Pvt. Ltd.
- Basin Electric Power Cooperative
- Chevron Corp.
- China Petrochemical Corp.
- Exxon Mobil Corp.
- Formosa Petrochemical Corp.
- Ganga Rasayanie Pvt. Ltd.
- Indian Oil Corp. Ltd.
- LG Chem Ltd.
- Mitsubishi Chemical Corp.
- PAO NOVATEK
- Pyroplast Energy Ltd.
- QatarEnergy
- Reliance Industries Ltd.
- Sasol Ltd.
- Saudi Arabian Oil Co.
- Shell plc
- UPM Kymmene Corp.