According to our (Global Info Research) latest study, the global Renewable Naphtha market size was valued at US$ 689 million in 2024 and is forecast to a readjusted size of USD 1707 million by 2031 with a CAGR of 14.0% during review period.
Renewable naphtha is a 100 percent hydrocarbon renewable gasoline blendstock and is a co-product from the production of renewable diesel. It’s derived from fats and oils and reduces harmful greenhouse gas emissions compared to petroleum based naphtha.
The market is constantly changing, and the following points are worth paying attention to:
Europe is the largest revenue market for the global renewable naphtha industry, and the European renewable naphtha market revenue accounts for the largest global market share; secondly, North America ranks second in market share, and Asia-Pacific is the third largest revenue market. The global renewable naphtha industry has a high degree of regional concentration, and the two major markets of Europe and North America account for more than 60% of the global share.
The major global manufacturers of Renewable Naphtha include UPM Biofuels, Neste, Renewable Energy Group, Inc, Diamond Green Diesel. The world's top four vendors accounted for approximately 52.48 % of the revenue.
Currently demand for bio-naphtha and other biofuels is on the rise. Surging adoption of advanced technologies such as NExBTL is expected to propel the demand for renewable naphtha over the coming years. Key companies are emphasizing on adopting expansion strategies such as new production facility development, mergers, acquisitions, agreements, and collaborations with other players to expand their production capacity and increase the market share.
This report is a detailed and comprehensive analysis for global Renewable Naphtha market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Renewable Naphtha market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Renewable Naphtha market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Renewable Naphtha market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Renewable Naphtha market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Renewable Naphtha
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Renewable Naphtha market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include UPM Biofuels, Neste, Renewable Energy Group, Inc, Diamond Green Diesel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Renewable Naphtha market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Light
Heavy
Market segment by Application
Biofuel
Green Plastic
Major players covered
UPM Biofuels
Neste
Renewable Energy Group, Inc
Diamond Green Diesel
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Renewable Naphtha product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Renewable Naphtha, with price, sales quantity, revenue, and global market share of Renewable Naphtha from 2020 to 2025.
Chapter 3, the Renewable Naphtha competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Renewable Naphtha breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Renewable Naphtha market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Renewable Naphtha.
Chapter 14 and 15, to describe Renewable Naphtha sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook