Naphtha Market Global Industry Overview, Sales Revenue, Demand and Forecast by 2023

1. Global Naphtha Market Research Report, Share, Size, Trends, Growth and Key Players Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Naphtha Market Report By Application (Petrochemical Feedstock, Gasoline Blending and Others), Region, Key Players The global naphtha market has witnessed a steady growth over the past years. This can be attributed to the rising demand for petrochemicals, high-octane gasoline, plastics, industrial solvents, olefins, aromatic hydrocarbons, etc. Market Overview: Naphtha is a colourless, extremely volatile and highly flammable liquid hydrocarbon mixture. It is obtained during the distillation of coal tar, petroleum or wood. Depending on its composition, source and use, naphtha is known by several names including petroleum spirits, shellite, ligroin, white gas, etc. It is majorly used as a feedstock for manufacturing high-octane gasoline component. Apart from this, naphtha also finds applications in the chemical and paint industries as a solvent and paint thinner. A new research report by IMARC Group, titled “Naphtha Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” estimates that the global naphtha market was worth US$ 144 Billion in 2017. The report further anticipates the market to reach a value of US$ 181 Billion by 2023, at a projected CAGR of more than 3% over the forecast period.

4. Report Description and Highlights Report Description • Global Naphtha Market Drivers/Constraints: • Naphtha is employed as a feedstock in the petrochemical industry for the production of several olefins and aromatics such as ethylene, propylene, butadiene, benzene and toluene. Growth in the petrochemical industry is increasing the demand for naphtha globally. • Derivatives of naphtha are used for manufacturing industrial chemicals, plastics and synthetic fibre precursors. A rise in the usage of these end-products has created an attractive market for naphtha, thereby facilitating the market growth. • Olefin-rich naphtha is used for blending gasoline as it enables economic production of high-octane fuel. A surge in the demand for low-cost fuel due to expanding population and rapid urbanization has further increased the consumption of naphtha in both the developed and developing regions. • There are myriad factors that hamper the growth of the global naphtha market. Naphtha needs high safety precautions as it is volatile at room temperature and toxic in nature. • Naphtha Market Segmentation: • Market Segmentation by Application • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=872&flag=B

5. Market Forecast Sample Figure: Global: Naphtha Market Forecast: Sales Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Petrochemical Feedstock • Gasoline Blending • Others • Based on application, the market has been segmented into petrochemical feedstock and gasoline blending. Among these, petrochemical feedstock holds the majority of the global market share as naphtha is one of the primary raw materials used in the production of petrochemicals such as propylene, ethylene, toluene, benzene, etc. • Market Segmentation by Region • Asia Pacific • North America • Europe • Middle East and Africa • Latin America • On a geographical front, Asia Pacific enjoys a leading position in the global naphtha market. Rising consumption of plastics in the region has escalated the demand for petrochemicals, thereby bolstering the growth of the market. Other major regions include Europe, North America, Latin America, and Middle East and Africa.

7. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

8. Market Segmentation Report Description • Competitive Landscape: • The competitive landscape of the global naphtha market has also been analysed with some of the leading players being: • BP • Chevron • ExxonMobil • Lotte Chemical Corporation • Mangalore Refinery and Petrochemicals Limited • OAO Novatek • SABIC • Shell Chemicals • Sinopec • Total S.A. • Vitol • Mitsubishi Chemical • Reliance Industries Limited • Indian Oil Corporation • For more information, click here: https://www.imarcgroup.com/naphtha-market

9. Market Segmentation Report Description In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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