Latest research on Naphtha Market

Naphtha Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Naphtha Market Study" explored substantial growth of %. Rising Demand for Naphtha in Petrochemical Industry as a Feedstock is also expected to contribute significantly to the Naphtha market. Overall, Petrochemical applications of Naphtha, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Process, such as Gasoline Blending, is boosting the Naphtha market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Naphtha market identified that the demand is rising in many different parts of the world as "Growth in Chemical Industry in Developing Countries ". Furthermore, some recent industry insights like "In Aug 2019, South Korean petrochemical companies, such as LG Chem Ltd. and Lotte Chemical Corp., are expected to benefit from a simultaneous shutdown of three large naphtha crackers in Europe." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Naphtha market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Naphtha market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Naphtha Market Study

Data Triangulation
The overall Naphtha market size is calculated using market estimation process, the Naphtha market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Naphtha market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager