The global naphtha market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 8.2 billion by 2030. The growth in the market is attributed to the increasing demand for naphtha from various end-use industries such as chemicals, energy and additives. The chemical industry accounted for the largest share of the global naphtha market in 2017, followed by energy and additives industry.
Naphtha is a hydrocarbon mixture that consists mainly of pentanes and hexanes with some heptanes and octanes present as well. Naphtha is used as an intermediate product in various industries such as chemicals, energy and additives due to its low boiling point which makes it easy to transport over long distances without any loss in quality or purity. Naphthas are also used as solvents for paints, varnishes, lacquers etc, fuel for heating purposes or even fuel oil blending agents due to their high octane rating which helps improve engine performance while reducing emissions levels from vehicles running on diesel engines.
Some Of The Growth Factors Of This Market:
- The demand for petroleum naphtha is expected to increase in the near future due to the increasing demand for petrochemicals and plastics.
- The growth of the global economy is also a factor that will contribute to the growth of this market, as it will lead to an increase in industrial production and consumption of petroleum naphtha.
- The increasing population in developing countries such as China and India will also contribute to this market's growth, as these countries are experiencing rapid economic development which leads to increased industrial production and consumption of petroleum naphtha.
- Increasing environmental awareness among consumers has led them towards more sustainable products, which has led many companies towards using renewable resources such as biofuels instead of fossil fuels like petroleum naphtha, thus reducing their demand for this product over time.
- Increasing government regulations on greenhouse gas emissions have led many companies towards using renewable resources such as biofuels instead of fossil fuels like petroleum naphtha.
Industry Growth Insights published a new data on “Petroleum Naphtha Market”. The research report is titled “Petroleum Naphtha Market research by Types (Heavy Naphtha, Light Naphtha), By Applications (Chemicals, Energy & Additives), By Players/Companies Shell Chemicals, Total, Sinopec, BP, ADNOC, ARAMCO, PEMEX, Mangalore Refinery and Petrochemicals Limited, Kuwait Petroleum Corporation, Hindustan Petroleum Corporation Limited, ONGC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Petroleum Naphtha Market Research Report
By Type
Heavy Naphtha, Light Naphtha
By Application
Chemicals, Energy & Additives
By Companies
Shell Chemicals, Total, Sinopec, BP, ADNOC, ARAMCO, PEMEX, Mangalore Refinery and Petrochemicals Limited, Kuwait Petroleum Corporation, Hindustan Petroleum Corporation Limited, ONGC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Petroleum Naphtha Market Report Segments:
The global Petroleum Naphtha market is segmented on the basis of:
Types
Heavy Naphtha, Light Naphtha
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemicals, Energy & Additives
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell Chemicals
- Total
- Sinopec
- BP
- ADNOC
- ARAMCO
- PEMEX
- Mangalore Refinery and Petrochemicals Limited
- Kuwait Petroleum Corporation
- Hindustan Petroleum Corporation Limited
- ONGC
Highlights of The Petroleum Naphtha Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heavy Naphtha
- Light Naphtha
- By Application:
- Chemicals
- Energy & Additives
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Petroleum Naphtha Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Petroleum Naphtha is a type of petroleum-based fuel. It is a liquid that can be used in engines to produce power.
Some of the major players in the petroleum naphtha market are Shell Chemicals, Total, Sinopec, BP, ADNOC, ARAMCO, PEMEX, Mangalore Refinery and Petrochemicals Limited, Kuwait Petroleum Corporation, Hindustan Petroleum Corporation Limited, ONGC.
The petroleum naphtha market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Petroleum Naphtha Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Petroleum Naphtha Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Petroleum Naphtha Market - Supply Chain
4.5. Global Petroleum Naphtha Market Forecast
4.5.1. Petroleum Naphtha Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Petroleum Naphtha Market Size (000 Units) and Y-o-Y Growth
4.5.3. Petroleum Naphtha Market Absolute $ Opportunity
5. Global Petroleum Naphtha Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Petroleum Naphtha Market Size and Volume Forecast by Type
5.3.1. Heavy Naphtha
5.3.2. Light Naphtha
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Petroleum Naphtha Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Petroleum Naphtha Market Size and Volume Forecast by Application
6.3.1. Chemicals
6.3.2. Energy & Additives
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Petroleum Naphtha Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Petroleum Naphtha Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Petroleum Naphtha Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Petroleum Naphtha Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Petroleum Naphtha Demand Share Forecast, 2019-2026
9. North America Petroleum Naphtha Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Petroleum Naphtha Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Petroleum Naphtha Market Size and Volume Forecast by Application
9.4.1. Chemicals
9.4.2. Energy & Additives
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Petroleum Naphtha Market Size and Volume Forecast by Type
9.7.1. Heavy Naphtha
9.7.2. Light Naphtha
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Petroleum Naphtha Demand Share Forecast, 2019-2026
10. Latin America Petroleum Naphtha Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Petroleum Naphtha Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Petroleum Naphtha Market Size and Volume Forecast by Application
10.4.1. Chemicals
10.4.2. Energy & Additives
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Petroleum Naphtha Market Size and Volume Forecast by Type
10.7.1. Heavy Naphtha
10.7.2. Light Naphtha
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Petroleum Naphtha Demand Share Forecast, 2019-2026
11. Europe Petroleum Naphtha Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Petroleum Naphtha Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Petroleum Naphtha Market Size and Volume Forecast by Application
11.4.1. Chemicals
11.4.2. Energy & Additives
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Petroleum Naphtha Market Size and Volume Forecast by Type
11.7.1. Heavy Naphtha
11.7.2. Light Naphtha
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. B Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Petroleum Naphtha Demand Share, 2019-2026
12. Asia Pacific Petroleum Naphtha Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Petroleum Naphtha Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Petroleum Naphtha Market Size and Volume Forecast by Application
12.4.1. Chemicals
12.4.2. Energy & Additives
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Petroleum Naphtha Market Size and Volume Forecast by Type
12.7.1. Heavy Naphtha
12.7.2. Light Naphtha
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Petroleum Naphtha Demand Share, 2019-2026
13. Middle East & Africa Petroleum Naphtha Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Petroleum Naphtha Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Petroleum Naphtha Market Size and Volume Forecast by Application
13.4.1. Chemicals
13.4.2. Energy & Additives
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Petroleum Naphtha Market Size and Volume Forecast by Type
13.7.1. Heavy Naphtha
13.7.2. Light Naphtha
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Petroleum Naphtha Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Petroleum Naphtha Market: Market Share Analysis
14.2. Petroleum Naphtha Distributors and Customers
14.3. Petroleum Naphtha Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Total
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sinopec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ADNOC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ARAMCO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PEMEX
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mangalore Refinery and Petrochemicals Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kuwait Petroleum Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hindustan Petroleum Corporation Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ONGC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
