Global Naphtha Market Share, Size, Growth, Trends And Forecast (2018-2023) - PowerPoint PPT Presentation

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Global Naphtha Market Share, Size, Growth, Trends And Forecast (2018-2023)

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Get more information about the market:   The latest report by IMARC Group, titled “Naphtha Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global naphtha market reached a value of more than US$ 144 Billion in 2017. Request a sample report: Browse more reports on chemical & material 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, Growth, Trends And Forecast (2018-2023)


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Global Naphtha Market Influenced by Growing
Consumption of Petrochemicals
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
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
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business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
Global Naphtha Market Influenced by Growing
Consumption of Petrochemicals The global
naphtha market has witnessed a steady growth over
the past years. This can be attributed to the
rising demand for petrochemicals, high-octane
gasoline, plastics, industrial solvents, olefins,
aromatic hydrocarbons, etc. Naphtha is a
colourless, extremely volatile and highly
flammable liquid hydrocarbon mixture. It is
obtained during the distillation of coal tar,
petroleum or wood. Depending on its composition,
source and use, naphtha is known by several names
including petroleum spirits, shellite, ligroin,
white gas, etc. It is majorly used as a feedstock
for manufacturing high-octane gasoline component.
Apart from this, naphtha also finds applications
in the chemical and paint industries as a solvent
and paint thinner. A new research report by IMARC
Group, titled Naphtha Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023 estimates that the global
naphtha market was worth US 144 Billion in 2017.
The report further anticipates the market to
reach a value of US 181 Billion by 2023, at a
projected CAGR of more than 3 over the forecast
period.
4
Report Description and Highlights
Report Description
  • Global Naphtha Market Drivers/Constraints
  • Naphtha is employed as a feedstock in the
    petrochemical industry for the production of
    several olefins and aromatics such as ethylene,
    propylene, butadiene, benzene and toluene. Growth
    in the petrochemical industry is increasing the
    demand for naphtha globally.
  • Derivatives of naphtha are used for manufacturing
    industrial chemicals, plastics and synthetic
    fibre precursors. A rise in the usage of these
    end-products has created an attractive market for
    naphtha, thereby facilitating the market growth.
  • Olefin-rich naphtha is used for blending gasoline
    as it enables economic production of high-octane
    fuel. A surge in the demand for low-cost fuel due
    to expanding population and rapid urbanization
    has further increased the consumption of naphtha
    in both the developed and developing regions.
  • There are myriad factors that hamper the growth
    of the global naphtha market. Naphtha needs high
    safety precautions as it is volatile at room
    temperature and toxic in nature.
  • Read more here https//www.imarcgroup.com/naphtha
    -market

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Report Description and Highlights
Report Description
Application Insights Based on application, the
market has been segmented into petrochemical
feedstock and gasoline blending. Among these,
petrochemical feedstock holds the majority of the
global market share as naphtha is one of the
primary raw materials used in the production of
petrochemicals such as propylene, ethylene,
toluene, benzene, etc   Regional
Insights On a geographical front, Asia Pacific
enjoys a leading position in the global naphtha
market. Rising consumption of plastics in the
region has escalated the demand for
petrochemicals, thereby bolstering the growth of
the market. Other major regions include Europe,
North America, Latin America, and Middle East and
Africa. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
872flagB
6
Report Description and Highlights
  • Competitive Landscape
  • The competitive landscape of the global naphtha
    market has also been analysed with some of the
    leading players being
  • BP
  • Chevron
  • ExxonMobil
  • Lotte Chemical Corporation
  • Mangalore Refinery and Petrochemicals Limited
  • OAO Novatek
  • SABIC
  • Shell Chemicals
  • Sinopec
  • Total S.A.
  • Vitol
  • Mitsubishi Chemical
  • Reliance Industries Limited
  • Indian Oil Corporation

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Report Description and Highlights
Browse more related reports  Potassium
Nitrate Market  https//www.imarcgroup.com/potass
ium-nitrate-market Lithium Compound Market
https//www.imarcgroup.com/lithium-compound-market

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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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