Global Naphtha Market

Posted by Nishigandha Sachin Bhushinge on December 20th, 2019

Global Naphtha Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of XX% during forecast period of 2019 to 2027.

Naphtha is colorless, flammable, and a volatile hydrocarbon usually isolated from the petroleum refineries through fractional distillation of crude oil or boiling coal tar. Naphtha is generally used as a solvent for dilute heavy crude oil to decrease its viscosity.Naphtha Market Drivers and Restrains The Naphtha Market has witnessed considerable growth in recent years because its use in jet fuel and about XX% of the naphtha produced is used in the petrochemical industry. The new naphtha demand of around XX Megaton forthcoming from the new cracker and reformer is largely countered by the demand loss of around XX Megaton due to the cracker shutdown. The Naphtha Market has become more competitive and price-sensitive because of the high potential, steady growth and abundant availability of cheaper alternatives such as shale gas and LPG of the naphtha market. Manufacturers in the naphtha are focusing on competitive pricing as the strategy to capture significant market share.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Naphtha Market dynamics, structure by analyzing the market segments, and project the Naphtha Market size. Clear representation of competitive analysis of key players by Naphtha Type, price, financial position, product portfolio, growth strategies, and regional presence in the Naphtha Market make the report investor’s guide.

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Scope of the Naphtha Market

Naphtha Market, by Application • Chemicals • Petrochemicals • Fertilizers • Gasoline • Others

Naphtha Market, by Type

• Heavy • Light

Naphtha Market, by Region

• Asia Pacific • North America • Europe • Latin America • Middle East Africa

Naphtha Market, by Major Players

• British Petroleum • Chevron • ExxonMobil • Shell • CNPC • Huarui Coal Chemicals Co., Ltd. • Keisham Global Trading • Typical General Trading (L.L.C) • Jch International Co., Ltd. • Arham Petrochem Private Limited (APPL) • Qingdao Yonghui Petroleum Chemical CO., LTD • Premier Commodities, LLC • Softplus General Trading L.L.C. • Anglo Gulf Limited

Report Is Submitted By : Maximize Market Research Company

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