+91-8668442535
Home / Oil & Gas / Naphtha Ma

Naphtha Market By Product (Light Naphtha, Heavy Naphtha), By Application (Chemicals, Energy-Fuels) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2030

This report, titled "Naphtha Market: Growth, Future Prospects, and Competitive Analysis, 2016–2030," offers strategic insights into the trends in the naphtha market along with the market size and forecast for the duration of 2011–2030. The said research study incorporates an in-depth analysis of multiple market segments based on product type, application, and geographical distribution.

The global naphtha market is becoming increasingly competitive with a growing number of mergers and collaborations among market players to reach full capabilities and gain an international footprint. In addition, several players are also focused on developing their niche in the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Europe, Latin America, and Asia Pacific.

Based on product type, the global naphtha market is categorized into light naphtha and heavy naphtha. In addition, naphtha manufacturing companies, construction companies, and academic organizations form the major client types for the naphtha market. The market size (Mn Tons) (US$ Bn) and forecast for all the considered segmentations are presented in this report for the period 2011–2030, along with their respective CAGRs (%) for the forecast period 2016–2030.

In terms of geographical distribution, the global naphtha is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global naphtha market is performed as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Spain
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America
  • Middle East and Africa (MEA)
  • GCC
  • rest of MEA

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global naphtha market. Tools such as competition assessment and attractive investment propositions 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 global naphtha market is segmented as follows:

  • Heavy Naphtha
  • Light Naphtha

The global naphtha market is divided 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 (2016–2030).

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

  • Chemical
  • Energy/Fuels
  • Others

The global 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 naphtha in the petrochemical industry for the production of various olefins and aromatics used in the manufacturing of plastic products, coupled with rising demand for plastic products in key consumption economies of Asia Pacific and Europe, 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 global 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 (2016–2030).

For the purpose of this study, the global naphtha market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Asia Pacific is projected to be the largest region in the global naphtha market during the forecast period. Growing automobile and construction industries are fueling the demand for plastic products, resulting in the growth of the plastic industry in the region, which in turn is projected to drive the demand for naphtha over the forecast period. China and Japan are the two largest consumers in the region and are projected to maintain their dominance during the forecast period (2016–2030). India is projected to be the fastest-growing market for naphtha in the region over the forecast period.

Further, favorable regulatory policies supporting the growth of industries, especially in China and India, are anticipated to fuel the consumption of naphtha in the region. Following it, Europe is expected to be the second-largest market in the global naphtha market. Russia is anticipated to be the largest country in the region in terms of naphtha consumption. The U.K., Poland, and other countries of Eastern Europe are anticipated to witness high growth during the forecast period (2016–2030).

Frequently Asked Questions:

The market for Naphtha Market is expected to reach US$ XX Bn By 2030.

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

The report is forecasted from 2016 – 2030.

The base year of this report is 2015.

Chevron Corporation, Exxon Mobil Corporation, Indian Oil Corporation Ltd., PetroChina Company Limited, Reliance Industries, are some of the major players in the global market.

Choose License Type
Trusted By
Godaddy
Published Date:  Feb 2017
Category:  Oil & Gas
Report ID:   58148
Report Format:   PDF
Pages:   120
Rating:    4.5 (65)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support