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Brazil Naphtha Market By Product (Light Naphtha, Heavy Naphtha), By Application (Chemicals, Energy/Fuels) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

This report, titled "Brazil Naphtha Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024," offers strategic insights into the trends in the Brazil naphtha market along with the market size and forecast for the duration of 2011–2024. The said research study incorporates an in-depth analysis of multiple market segments based on product type and application.

The Brazilian naphtha market is becoming increasingly competitive, with a growing number of mergers and collaborations between market players to gain an international footprint. In addition, several players are also focused on entering the Brazilian naphtha market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in Brazil.

Based on product type, the Brazilian naphtha market is categorized into light naphtha and heavy naphtha. In addition, naphtha manufacturing companies, petrochemical companies, and academic organizations form the major client types for the naphtha market. The market size (Mn Tons) and forecast for all the considered segmentations are presented in this report for the period 2011–2024, along with their respective CAGRs (%) for the forecast period 2016–2024.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the Brazil naphtha market. Tools such as competition assessment, an attractive investment proposition, and porter's five force analysis are also included in the report to provide the readers with competitive mapping assistance. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of the naphtha market.

Based on the product type, the Brazil naphtha market is segmented as follows:

  • Heavy Naphtha
  • Light Naphtha

The Brazil naphtha market is organized into categories on the basis of product type. Among product types, the heavy naphtha segment was the most dominant in 2015 and is anticipated to continue its dominance over the forecast period. A wide array of applications of heavy naphthas, such as feedstock for the petrochemical industry, fuel, and gasoline blending, is projected to drive the growth of the segment during the forecast period. The light naphtha segment is expected to be the fastest-growing segment during the forecast period. Increasing demand for plastic materials such as polypropylene and polyethylene, synthetic fibers like acrylonitrile, and other industrial chemicals such as glycols is anticipated to fuel the segment's growth over the forecast period (2016-2024).

Based on the application, the Brazilian naphtha market is segmented as follows:

  • Chemical
  • Energy/Fuels
  • Others

The Brazilian naphtha market is divided into categories on the basis of application. Among applications, the chemical segment was the most dominant segment in 2015 and is anticipated to continue its dominance over the forecast period. Increasing use of naphthas in the petrochemical industry, such as by Brazskem, Quattro, and others, for the production of various olefins and aromatics used in the manufacturing of plastic products, coupled with rising demand for plastic products in Brazil, is anticipated to drive the growth of the segment during the forecast period.

The segment is anticipated to witness high growth during the forecast period. Following it, the energy and fuels segment was the second largest segment in the Brazilian naphtha market, owing to the increased use of naphtha for blending in gasoline. Growing consumption of gasoline is anticipated to drive the demand for this segment over the forecast period (2016–2024).

Frequently Asked Questions:

The market for Brazil Naphtha Market is expected to reach US$ 3.1 Bn By 2024.

The Brazil Naphtha Market is expected to see significant CAGR growth over the coming years, at 5.3%.

The report is forecasted from 2016 – 2024.

The base year of this report is 2015.

Exxon Mobil Corporation, PetroChina Company Limited, Reliance Industries, Saudi Aramco, Total S.A, are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Apr 2017
Category:  Oil & Gas
Report ID:   58393
Report Format:   PDF
Pages:   120
Rating:    4.2 (55)
Delivery Time: 24 Hours to 48 Hours   
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