Global Naphtha Market: Share, Size, Price Trends And Forecast 2017-2022

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Global Naphtha Market Impelled by Growing Plastic
Demand in Construction and Automotive Sectors
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Report Description and Highlights
Report Description
Global Naphtha Market Impelled by Growing
Plastic Demand in Construction and Automotive
Sectors The global naphtha market has been
witnessing a significant growth over the past few
years. This can be attributed to the rising
demand for naphtha based petrochemicals in
developing countries coupled with surging
gasoline consumption across the globe. The
latest report by IMARC Group, titled Naphtha
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2017-2022,
finds that the global naphtha market reached a
value of more than US 144 Billion in 2016.
Naphtha is a colourless or pale-yellow
hydrocarbon mixture with an acrid odour. It is a
highly volatile and flammable liquid which
exhibits superior heat resistant properties.
Naphtha is produced by the distillation of
organic substances, and is known by different
names, such as petroleum naphtha, coal-tar
naphtha, or wood naphtha, depending on the
source. It is mainly used as a solvent, paint
thinner, and feedstock in the petrochemical and
plastic industries. Moreover, it helps in the
refinement and distillation of crude oil into
more efficient products, as well as forms a major
component of several types of gasoline. Request
Sample of the Report http//www.imarcgroup.com/re
quest?typereportid872flagB
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global naphtha market
• Rising demand for gasoline is the major driving
  force for the market growth.
• Based on application, petrochemical feedstock
  holds for the majority of the total market.
• Asia Pacific represent the leading market,
  accounting for the largest share globally.
•  
• The increase in the demand for gasoline is the
  key driver of the naphtha market as olefin rich
  naphtha is used for blending gasoline-grade fuel
  worldwide. Additionally, the usage of plastic in
  the construction and automotive sectors is
  growing on account of its lightweight, durability
  and longer life. This has created a huge demand
  for petrochemicals, especially ethylene and
  propylene, thereby boosting the naphtha market
  growth. Another important driver steering the
  demand for naphtha is its growing consumption as
  a feedstock in petrochemical industry. Moreover,
  the adoption of advanced technologies and the
  numerous applications of naphtha in hydrocarbon
  cracking, organic chemistry, laundry soaps,
  cleaning fluids, etc. are some of the other
  factors facilitating the global naphtha market.
  According to the report, the market is further
  expected to reach a value of US 176 Billion,
  exhibiting a CAGR of more than 3 during
  2017-2022.
• Read full report _at_ http//www.imarcgroup.com/naph
  tha-market

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Report Description and Highlights
Report Description

• On the basis of application, the market is
  segmented into petrochemical feedstock and
  gasoline blending. Among these, petrochemical
  feedstock currently dominates the market, holding
  the majority of the total share. Region-wise,
  Asia Pacific represents the largest market
  globally. It is followed by Europe and North
  America. Other regions include Latin America, and
  Middle East and Africa. On evaluating the
  competitive landscape of the global naphtha
  market, it is found that the major players are BP
  P.L.C, Chevron Corporation, Mitsubishi Chemical,
  Reliance Industries Limited and Indian Oil
  Corporation.
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• The report by IMARC Group has examined the global
  naphtha market on the basis of
• Application
• Petrochemical Feedstock
• Gasoline Blending
• Others
•  
• Region
• Asia Pacific
• North America
• Europe
•  

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Report Description and Highlights
Report Description

• Middle East and Africa
• Latin America
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• Key Players
• BP P.L.C
• Chevron Corporation
• Mitsubishi Chemical
• Mitsubishi Chemical
• Browse more related reports http//www.imarcgroup
  .com/categories/chemicals-market-reports

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Report Description and Highlights
Report Description

• Procter Gamble
• Kimberly-Clark Corporation
• Unicharm Corporation
• SCA

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Report Description and Highlights
Report Description

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