Naphtha Market Share, Size, Trends, Industry Analysis Report, End-Use (Petrochemical, Aerospace, Agriculture, Paints, Coatings, Others); By Type; Process; Application; By Region; Segment Forecast, 2024 - 2032

Naphtha Market Share, Size, Trends, Industry Analysis Report, End-Use (Petrochemical, Aerospace, Agriculture, Paints, Coatings, Others); By Type; Process; Application; By Region; Segment Forecast, 2024 - 2032



The global naphtha market size is expected to reach USD 368.44 billion by 2032, according to a new study by Polaris Market Research. The report “Naphtha Market Share, Size, Trends, Industry Analysis Report, End-Use (Petrochemical, Aerospace, Agriculture, Paints, Coatings, Others); By Type; Process; Application; By Region; Segment Forecast, 2024 - 2032” provides detailed insight into current market dynamics and analysis of future market growth.

The global naphtha market is propelled by raise in product range used in various industries namely construction, transportation, plastics, and others. High olefin naphtha is imitative of naphtha and is mostly used as a feedstock to produce economical, high-octane diesel and is also utilized in paints, asphalt thinners, and dry-cleaning processes as well. The surge in huge requirements for gasoline, and growing stipulations for petrochemicals such as propylene and ethylene for plastic production are factors driving the global naphtha market during the projection period.

The enlargement of the transport and electrical industry in major growing regions cause of expanding business activities by end users is forecasted to enhance the demand for naphtha. Technological advancement has led to magnifying distillation processes and the burgeoning of advanced furnace materials together with the growth of the chemical business is further widening the consumption of naphtha. Additionally, an elevation in emerging neoteric markets and strategic alliances will play an active role as market drivers and anticipate new opportunities for the naphtha market growth.

As the new fiscal year begins, industry players are redrafting investment and spending budgets to cope with the long-term impact of the COVID-19 pandemic. However, the high cost of naphtha in North America, inconstancy in raw material prices, and a shift towards affordable alternatives such as Liquefied petroleum gas have forced market participants in the naphtha market to establish operations in the APAC region. Therefore, industry players must equilibrium their business application to benefit from opportunities in Asia to increase profits. Market participants need to naphtha business in fertilizer units, steel mills, power plants, and paint industry.

Naphtha Market Report Highlights

- Based on application, the naphtha market excelled by the chemical fragment that included benzene and petrochemicals, xylenes (BTX), and toluene, which occupies greater share of the industry in 2021. The segment is anticipated to sustain its dominance in the near future as well.

- The energy section holds the second-topmost share of the naphtha market in 2021; although, it is expected to slightly downshift by 2030. The other section includes all non-renewable utilization, the segment share decreases a bit by 2030.

- Asia Pacific commands the global naphtha market in terms of volume and revenue in 2021. Taiwan, China and India are currently stretching naphtha market due to enlargement in the automotive, construction, and plastics segment.

- The global naphtha market is divided by the major market players with a global presence, including: MGT PetrOil Group, Alexandria Mineral Oils Co., Vitol Group, Total S.A., Pure Chemicals Co., Chevron Phillips Chemical Company, Qatar Petroleum, Zahara Group, Saudi Aramco and others.

Polaris Market Research has segmented the luxury furniture market report based on by type, process, application, end-use, and region:

Naphtha, Type Outlook (Revenue - USD Billion, 2022 - 2030)

- Light

- Heavy

- Naphtha, Process Outlook (Revenue - USD Billion, 2022 - 2030)

- Naphtha Reforming

- Steam Cracking

- Gasoline Blending

- Others

Naphtha, Application Outlook (Revenue - USD Billion, 2022 - 2030)

- Energy

- Chemicals

- Fuel

- Others

Naphtha, End-Use Outlook (Revenue - USD Billion, 2022 - 2030)

- Petrochemical

- Aerospace

- Agriculture

- Paints

- Coatings

- Others

Naphtha, Regional Outlook (Revenue - USD Billion, 2022 - 2030)

- North America

U.S

Canada

- Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

- Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

- Latin America

Argentina

Brazil

Mexico

- Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1. Report Description
1. Objectives of the Study
2. Market Scope
3. Assumptions
2. Stakeholders
2. Executive Summary
1. Market Highlights
3. Research Methodology
1. Overview
1. Data Mining
2. Data Sources
1. Primary Sources
2. Secondary Sources
4. Global Naphtha Market Insights
1. Naphtha – Industry Snapshot
2. Naphtha Market Dynamics
1. Drivers and Opportunities
1. Growing end-use industries
2. Development of high yeild manufacturing process
2. Restraints and Challenges
1. Volatile crude oil prices
3. Porter’s Five Forces Analysis
1. Bargaining Power of Suppliers (Moderate)
2. Threats of New Entrants: (Low)
3. Bargaining Power of Buyers (Moderate)
4. Threat of Substitute (Moderate)
5. Rivalry among existing firms (High)
4. PESTLE Analysis
5. Naphtha Industry Trends
6. Value Chain Analysis
7. COVID-19 Impact Analysis
5. Global Naphtha Market, by Application
1. Key Findings
2. Introduction
1. Global Naphtha Market, by Application, 2018 - 2030 (USD Billion)
3. Energy
1. Global Naphtha Market, by Energy, by Region, 2018 - 2030 (USD Billion)
4. Chemicals
1. Global Naphtha Market, by Chemicals, by Region, 2018 - 2030 (USD Billion)
5. Fuel
1. Global Naphtha Market, by Fuel, by Region, 2018 - 2030 (USD Billion)
6. Others
1. Global Naphtha Market, by Other Applications, by Region, 2018 - 2030 (USD Billion)
6. Global Naphtha Market, by Process
1. Key Findings
2. Introduction
1. Global Naphtha Market, by Process, 2018 - 2030 (USD Billion)
3. Naphtha Reforming
1. Global Naphtha Market, by Naphtha Reforming, by Region, 2018 - 2030 (USD Billion)
4. Steam Cracking
1. Global Naphtha Market, by Steam Cracking, by Region, 2018 - 2030 (USD Billion)
5. Gasoline Blending
1. Global Naphtha Market, by Gasoline Blending, by Region, 2018 - 2030 (USD Billion)
6. Others
1. Global Naphtha Market, by Others, by Region, 2018 - 2030 (USD Billion)
7. Global Naphtha Market, by Type
1. Key Findings
2. Introduction
1. Global Naphtha Market, by Type, 2018 - 2030 (USD Billion)
3. Light
1. Global Naphtha Market, by Light, by Region, 2018 - 2030 (USD Billion)
4. Heavy
1. Global Naphtha Market, by Heavy, by Region, 2018 - 2030 (USD Billion)
8. Global Naphtha Market, by End-Use
1. Key Findings
2. Introduction
1. Global Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Petrochemical
1. Global Naphtha Market, by Petrochemical, by Region, 2018 - 2030 (USD Billion)
4. Aerospace
1. Global Naphtha Market, by Aerospace, by Region, 2018 - 2030 (USD Billion)
5. Agriculture
1. Global Naphtha Market, by Agriculture, by Region, 2018 - 2030 (USD Billion)
6. Paints
1. Global Naphtha Market, by Paints, by Region, 2018 - 2030 (USD Billion)
7. Coatings
1. Global Naphtha Market, by Coatings, by Region, 2018 - 2030 (USD Billion)
8. Others
1. Global Other Naphtha Market, by Region, 2018 - 2030 (USD Billion)
9. Global Naphtha Market, by Geography
1. Key findings
2. Introduction
1. Naphtha Market Assessment, By Geography, 2018 - 2030 (USD Billion)
3. Naphtha Market – North America
1. North America: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. North America: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. North America: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. North America: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – U.S.
1. U.S.: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. U.S.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. U.S.: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. U.S.: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – Canada
1. Canada: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Canada: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Canada: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Canada: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
4. Naphtha Market – Europe
1. Europe: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Europe: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Europe: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Europe: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – UK
1. UK: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. UK: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. UK: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. UK: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – France
1. France: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. France: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. France: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. France: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
7. Naphtha Market – Germany
1. Germany: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Germany: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Germany: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Germany: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
8. Naphtha Market – Italy
1. Italy: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Italy: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Italy: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Italy: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
9. Naphtha Market – Spain
1. Spain: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Spain: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Spain: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Spain: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
10. Naphtha Market – Netherlands
1. Netherlands: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Netherlands: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Netherlands: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Netherlands: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
11. Naphtha Market – Russia
1. Russia: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Russia.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Russia: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Russia: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – Asia Pacific
1. Asia Pacific: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Asia Pacific: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Asia Pacific: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Asia Pacific: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – China
1. China: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. China.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. China: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. China: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – India
1. India: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. India.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. India: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. India: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
7. Naphtha Market – Japan
1. Japan: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Japan.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Japan: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Japan: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
8. Naphtha Market – Malaysia
1. Malaysia: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Malaysia.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Malaysia: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Malaysia: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
9. Naphtha Market – Indonesia
1. Indonesia: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Indonesia.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Indonesia: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Indonesia: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
10. Naphtha Market – South Korea
1. South Korea: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. South Korea.: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. South Korea: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. South Korea: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – Middle East & Africa
1. Middle East & Africa: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Middle East & Africa: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Middle East & Africa: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Middle East & Africa: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – Saudi Arabia
1. Saudi Arabia: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Saudi Arabia: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Saudi Arabia: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Saudi Arabia: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – South Africa
1. South Africa: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. South Africa: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. South Africa: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. South Africa: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
7. Naphtha Market – Israel
1. Israel: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Israel: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Israel: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Israel: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
8. Naphtha Market – UAE
1. UAE: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. UAE: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. UAE: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. UAE: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
7. Naphtha Market – Latin America
1. Latin America: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Latin America: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Latin America: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Latin America: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
5. Naphtha Market – Mexico
1. Mexico: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Mexico: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Mexico: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Mexico: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
6. Naphtha Market – Brazil
1. Brazil: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Brazil: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Brazil: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Brazil: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
7. Naphtha Market – Argentina
1. Argentina: Naphtha Market, by Application, 2018 - 2030 (USD Billion)
2. Argentina: Naphtha Market, by End-Use, 2018 - 2030 (USD Billion)
3. Argentina: Naphtha Market, by Process, 2018 - 2030 (USD Billion)
4. Argentina: Naphtha Market, by Type, 2018 - 2030 (USD Billion)
10. Competitive Landscape
1. Expansion and Acquisition Analysis
1. Expansion
2. Acquisitions
2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
1. Formosa Petrochemical Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
2. LG Chem
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
3. Mangalore Refinery
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
4. China Petrochemical Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
5. Lotte Chemical Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
6. Mitsubishi Chemical Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
7. Chevron Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
8. Shell Chemicals
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
9. Reliance Industries Limited
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
10. Indian Oil Corporation Ltd
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
11. Exxon Mobil Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
12. BP PLC
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
13. Novatek
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
14. Petrochemicals Limited
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
15. Saudi Arabian Oil Co
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development

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