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Naphtha Market

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The naphtha market size is estimated to reach US$232.3 billion by 2027 after growing at a CAGR of 3.8% from 2022-2027. – PowerPoint PPT presentation

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Title: Naphtha Market


1
Naphtha Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
Download PDF Brochure
  • The naphtha market size is estimated to reach
    US232.3 billion by 2027 after growing at a CAGR
    of 3.8 from 2022-2027. Naphtha is a flammable
    liquid hydrocarbon mixture that is made from the
    fractional distillation of crude oil or boiling
    coal tar. 
  • The drivers for the naphtha market are an
    increase in feedstock demand by the petrochemical
    industry, an increase in solvent demand by the
    paints and coating sector, technological
    advancements in naphtha reforming. 

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3
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  • Key Takeaways
  • Asia-Pacific dominates the naphtha market as the
    region consists of some of the major end-users of
    the naphtha like petrochemicals, agriculture,
    plastics, rubber, etc. in countries like China,
    India, Thailand, Indonesia, etc.
  • Naphtha is used in the production of gasoline
    which is used as solvent and diluents in various
    products like household cosmetics and chemicals,
    pesticides, fuels, and essential oils 
  • Naphtha consumption has risen in both emerging
    and industrialized economies due to the
    increasing demand for cost-effective fuel due to
    rapid urbanization and a growing global
    population.

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4
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By Distribution Channel- Segment
Analysis Petrochemical feedstock held the
largest share in the naphtha market in 2021 with
a share of over 34. This owns to factor like
naphtha as feedstock is used for producing
petrochemicals like ethylene, propylene, and
naphtha chemicals like light naphtha are used for
generating petrochemicals containing gasoline
and butane. 
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5

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Naphtha Market Industry Outlook  1. Exxon Mobile
Corporation 2. Saudi Arabia Oil. Co 3. Formosa
Petrochemical Corporation 4. Chevron Philips
Chemical Company 5. Shell Chemicals 6. Mitsubishi
Chemicals
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6
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Naphtha Market - Forecast(2022 - 2027) Learn
More About the Report _at_ https//www.industryarc
.com/Research/Naphtha-Market-Research-509420
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id509420

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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