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Global Naphtha Market: Share, Size, Price Trends And Forecast 2017-2022

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Get more information about the market: Naphtha is a flammable and colourless hydrocarbon mixture which is extremely volatile and insoluble in water.The latest report by IMARC Group, titled “Naphtha Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global naphtha market reached a value of more than US$ 144 Billion in 2016. Request a sample report: Browse more reports on Chemical & Materials Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Naphtha Market: Share, Size, Price Trends And Forecast 2017-2022


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Global Naphtha Market Impelled by Growing Plastic
Demand in Construction and Automotive Sectors
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
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address their most critical challenges, and
transform their businesses. IMARCs information
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forecasts and industry analysis for
biotechnology, advanced materials,
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organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Naphtha Market Impelled by Growing
Plastic Demand in Construction and Automotive
Sectors The global naphtha market has been
witnessing a significant growth over the past few
years. This can be attributed to the rising
demand for naphtha based petrochemicals in
developing countries coupled with surging
gasoline consumption across the globe. The
latest report by IMARC Group, titled Naphtha
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2017-2022,
finds that the global naphtha market reached a
value of more than US 144 Billion in 2016.
Naphtha is a colourless or pale-yellow
hydrocarbon mixture with an acrid odour. It is a
highly volatile and flammable liquid which
exhibits superior heat resistant properties.
Naphtha is produced by the distillation of
organic substances, and is known by different
names, such as petroleum naphtha, coal-tar
naphtha, or wood naphtha, depending on the
source. It is mainly used as a solvent, paint
thinner, and feedstock in the petrochemical and
plastic industries. Moreover, it helps in the
refinement and distillation of crude oil into
more efficient products, as well as forms a major
component of several types of gasoline. Request
Sample of the Report http//www.imarcgroup.com/re
quest?typereportid872flagB
4
Report Description and Highlights
Report Description
5
Report Description and Highlights
Report Description
  • Highlights of the global naphtha market
  • Rising demand for gasoline is the major driving
    force for the market growth.
  • Based on application, petrochemical feedstock
    holds for the majority of the total market.
  • Asia Pacific represent the leading market,
    accounting for the largest share globally.
  •  
  • The increase in the demand for gasoline is the
    key driver of the naphtha market as olefin rich
    naphtha is used for blending gasoline-grade fuel
    worldwide. Additionally, the usage of plastic in
    the construction and automotive sectors is
    growing on account of its lightweight, durability
    and longer life. This has created a huge demand
    for petrochemicals, especially ethylene and
    propylene, thereby boosting the naphtha market
    growth. Another important driver steering the
    demand for naphtha is its growing consumption as
    a feedstock in petrochemical industry. Moreover,
    the adoption of advanced technologies and the
    numerous applications of naphtha in hydrocarbon
    cracking, organic chemistry, laundry soaps,
    cleaning fluids, etc. are some of the other
    factors facilitating the global naphtha market.
    According to the report, the market is further
    expected to reach a value of US 176 Billion,
    exhibiting a CAGR of more than 3 during
    2017-2022.
  • Read full report _at_ http//www.imarcgroup.com/naph
    tha-market

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Report Description and Highlights
Report Description
  • On the basis of application, the market is
    segmented into petrochemical feedstock and
    gasoline blending. Among these, petrochemical
    feedstock currently dominates the market, holding
    the majority of the total share. Region-wise,
    Asia Pacific represents the largest market
    globally. It is followed by Europe and North
    America. Other regions include Latin America, and
    Middle East and Africa. On evaluating the
    competitive landscape of the global naphtha
    market, it is found that the major players are BP
    P.L.C, Chevron Corporation, Mitsubishi Chemical,
    Reliance Industries Limited and Indian Oil
    Corporation.
  •  
  • The report by IMARC Group has examined the global
    naphtha market on the basis of
  • Application
  • Petrochemical Feedstock
  • Gasoline Blending
  • Others
  •  
  • Region
  • Asia Pacific
  • North America
  • Europe
  •  

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Report Description and Highlights
Report Description
  • Middle East and Africa
  • Latin America
  •  
  • Key Players
  • BP P.L.C
  • Chevron Corporation
  • Mitsubishi Chemical
  • Mitsubishi Chemical
  • Browse more related reports http//www.imarcgroup
    .com/categories/chemicals-market-reports

8
Report Description and Highlights
Report Description
  • Procter Gamble
  • Kimberly-Clark Corporation
  • Unicharm Corporation
  • SCA

9
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
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