Pune, India -- (SBWIRE) -- 11/16/2017 -- Market Synopsis of Naphtha Market
Global Naphtha Market has experienced significant growth in the past few years. Naphtha is one of the commonly used chemical, especially, as a solvent. Naphtha is widely used in different industries in the form of crude oil or kerosene. However, the demand for naphtha has increased across the globe as it is one of the major component in petroleum. The rising number of vehicles has pushed the demand for naphtha in end the end user industries. Along with this, it is also used in the applications such as in laundry soaps, hydrocarbon cracking, cleaning fluids and organic chemistry and other several applications. Asia-Pacific is estimated to the largest market in terms of demand due to rapid urbanization, rising population and rising number of vehicles.
Key Players
- British Petroleum,
- Shell,
- Total S.A,
- ExxonMobil,
- Chevron,
- Indian Oil Corporation,
- SABIC,
- Mitsubishi Chemical,
- Reliance Industries,
- ADNOC
- Others
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Segmentation
As per MRFR analysis, the global naphtha market is segmented into types and application.
On the basis of types, the market is segmented into light naphtha and heavy naphtha.
On the basis of application, the market is segmented into chemicals, petroleum/oil, energy and others.
Study Objectives of Naphtha Market
- To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Naphtha Market
- To provide insights about factors affecting the market growth
- To Analyse the global naphtha market based on various factors- price analysis, supply chain analysis, porter's five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country-level analysis of the market with respect to the current market size and future prospective
- To provide country-level analysis of the market for segment by types and application
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Naphtha Market
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The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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