Global Naphtha Market Size, Status and Forecast 2021-2026
The Naphtha market report provides overall structure and business outlook of the Global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a Global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of Global Naphtha Market with its specific geographical regions.
The naphtha market is anticipated to register a CAGR of over 4%, during the forecast period.
The major driver of the market studied is the rising demand for fertilizers in India. The demand for natural gas liquid in the United States is expected to hinder the growth of the market studied.
Top leading Manufactures Profiled in Naphtha Market Report are:
AMOC (Alexandria Mineral Oils Co.), British Petroleum (BP PLC), Chevron Phillips Chemical Company, China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Formosa Petrochemical Co., LG Chem, MGTPetroil.com, Petroleos Mexicanos, Reliance Industries Limited, Royal Dutch Shell PLC, SASOL
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Regional Analysis for Naphtha Market:
For a comprehensive understanding of market dynamics, the Global Naphtha market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
Naphtha Market Scenario:
Asia-Pacific Region to Dominate the Market
– The Asia-Pacific region dominated the global market share. Owing to the rising demand for naphtha and growing petrochemical industries in countries, such as China, India, and Japan, the usage of naphtha is increasing in the region.
– Increasing applications of naphtha in various industries, such as agriculture, aviation, etc., as a fertilizer and jet fuel, in countries, such as India, Japan, and China.
– The growth trend of the market is likely to remain the same in the next few years, which is further likely to drive its growth in the region.
– Moreover, the naphtha market in Asia-Pacific is also expected to witness the highest CAGR, during the forecast period.
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The naphtha market is partially consolidated in nature. In terms of market share, few players currently dominate the market. Key players in the market include Reliance Industries Limited, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, Formosa Petrochemical Co., LG Chem, and Petrleos Mexicanos.
Table of Contents:
-Naphtha Market Overview
-Economic Impact on Industry
-Market Competition by Manufacturers
-Production, Revenue (Value) by Region
-Supply (Production), Consumption, Export, Import by Regions
-Production, Revenue (Value), Price Trend by Type
-Market Analysis by Application
-Manufacturing Cost Analysis
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Naphtha Market Forecast
The research includes historic data from 2016 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
In conclusion, Naphtha market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Naphtha Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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