India Naphtha Market size is expected to reach 31040.18 thousand tonnes in year 2027, at a CAGR of 6.15% during the forecast period.To know about the Research Methodology:-Request Free Sample Report Naphtha is colorless, flammable, and a volatile hydrocarbon usually isolated from the petroleum refineries through fractional distillation of crude oil or boiling coal tar. Naphtha is generally used to dilute heavy oil to make high-octane gas and lighter fluid and to clean metal.
Naphtha Market Drivers and Restrains
The Indian naphtha market has witnessed considerable growth in recent years because it’s increasing uses in jet fuel (US$170.8/Gallon) and about xx% of the naphtha produced is used in the petrochemical industry. The naphtha demand of around xx Megaton is forthcoming from the new cracker and reformer. The Naphtha Market has become more competitive and price-sensitive because of the high potential, steady growth and abundant availability of cheaper alternatives such as shale gas and LPG of the naphtha market. Manufacturers in the naphtha are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological revolutions are also the key application areas of the manufacturers. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Naphtha Market Segment Analysis
In terms of application, the market is segmented into chemicals, petrochemicals, fertilizers, gasoline, Power Sector and others. The petrochemical segment is expected to grow at the highest xx% CAGR during the forecast period, because of increasing demand from petrochemical industry. Naphtha is used in the petrochemical industry as a key feedstock for formulating petrochemicals, which includes gasoline and butane among others. In India, Highest consumption of LPG in 2020-21 was in domestic distribution sector (xx%), naphtha in petrochemical sector (78%), kerosene mainly in domestic PDS (xx%) and diesel in reseller/retail sector (xx%). On the basis of type, the market is bifurcate into heavy and light naphtha. The report covers differentiates light and heavy naphtha demand, supply, and trade data. The Heavy Naphtha analysis covers naphtha with high aromatic and naphthenic content that is proper feed for reforming. While with significantly different applications light and heavy naphtha balances and prices are closely tangled.Indian Naphtha Market Regional Analysis
On the basis of region market divided into five regions such as North India, North East, East India, West India, and South India. Among all the regions, the West India (Gujarat 6070 tons) had the xx% market share in 2021 and is projected to lead the market during the forecast period, due to increasing demand of naphtha in enormous construction and manufacturing activities as well as for plastic in industries such as construction, automotive, and electronics. In 2021, importing of Naphtha in 2980 TMT and exporting is decreased by xx%. The objective of the report is to present comprehensive analysis of Naphtha Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Naphtha Market dynamics, structure by analyzing the market segments, and project the Naphtha Market size. Clear representation of competitive analysis of key players by Naphtha Type, price, financial position, product portfolio, growth strategies, and regional presence in the Naphtha Market make the report investor’s guide.Naphtha Market Scope: Inquire before buying
Naphtha Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: 21697.23 thousand tonnes Forecast Period 2022 to 2027 CAGR: 6.15% Market Size in 2027: 31040.18 thousand tonnes Segments Covered: by Application • Chemicals • Petrochemicals • Fertilizers • Gasoline • Others by Type • Heavy • Light Naphtha Market, by Major Players
• Mangalore Refinery Petrochemicals Ltd • Bharat Petroleum Corporation Limited • Gail (India) Limited • Indian oil Corporation Limited • Hindustan Petroleum Corporation Limited • Nayara Energy • Oil and Natural Gas Corporation Limited • Reliance Industries Limited • British Petroleum • Chevron • ExxonMobil • Shell • CNPC • Huarui Coal Chemicals Co., Ltd. • Keisham Global Trading • Typical General Trading (L.L.C) • Jch International Co., Ltd. • Arham Petrochem Private Limited (APPL) • Qingdao Yonghui Petroleum Chemical CO., LTD • Premier Commodities, LLC • Softplus General Trading L.L.C. • Anglo Gulf Limited Frequently Asked Questions: 1. Which region has the largest share in Naphtha Market? Ans: India region held the highest share in 2021. 2. What is the growth rate of Naphtha Market? Ans: The Naphtha Market is expected to grow at a CAGR of 6.15% during forecast period 2022-2027. 3. What is scope of the Naphtha market report? Ans: Naphtha Marketreport helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Naphtha market? Ans: The important key players in the Naphtha Market are – Mangalore Refinery Petrochemicals Ltd, Bharat Petroleum Corporation Limited, Gail (India) Limited, Indian oil Corporation Limited, Hindustan Petroleum Corporation Limited, Nayara Energy, Oil and Natural Gas Corporation Limited, Reliance Industries Limited, British Petroleum, Chevron, and ExxonMobil 5. What is the study period of this market? Ans: The Naphtha Market is studied from 2021 to 2027.
Naphtha Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Naphtha Market Size, by Market Value (US$ Bn) and Volume (MT) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 5.1. India Naphtha Market Forecast, by Type 5.1.1. Heavy 5.1.2. Light 5.2. India Naphtha Market Forecast, by Application 5.2.1. Chemicals 5.2.2. Petrochemicals 5.2.3. Fertilizers 5.2.4. Gasoline 5.2.5. Others 5.3. PEST Analysis 5.4. Key Trend 5.5. Key Development 6. Company Profiles 6.1. Market Share Analysis, by Company 6.2. Competition Matrix 6.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 6.2.2. New Product Launches and Product Enhancements 6.2.3. Market Consolidation 6.2.3.1. M&A by Regions, Investment and Applications 6.2.3.2. M&A Key Players, Forward Integration and Backward Integration 6.3. Company Profiles: Key Players 6.3.1. British Petroleum 6.3.1.1. Company Overview 6.3.1.2. Financial Overview 6.3.1.3. Product Portfolio 6.3.1.4. Business Strategy 6.3.1.5. Recent Developments 6.3.1.6. Company Footprint 6.3.2. Mangalore Refinery Petrochemicals Ltd 6.3.3. Bharat Petroleum Corporation Limited 6.3.4. Gail (India) Limited 6.3.5. Indian oil Corporation Limited 6.3.6. Hindustan Petroleum Corporation Limited 6.3.7. Nayara Energy, 6.3.8. Reliance Industries Limited 6.3.9. British Petroleum 6.3.10. Chevron 6.3.11. ExxonMobil 6.3.12. Chevron 6.3.13. ExxonMobil 6.3.14. Shell 6.3.15. CNPC 6.3.16. Huarui Coal Chemicals Co., Ltd. 6.3.17. Keisham Global Trading 6.3.18. Typical General Trading (L.L.C) 6.3.19. Jch International Co., Ltd. 6.3.20. Arham Petrochem Private Limited (APPL) 6.3.21. Qingdao Yonghui Petroleum Chemical CO., LTD 6.3.22. Premier Commodities, LLC 6.3.23. Softplus General Trading L.L.C. 6.3.24. Anglo Gulf Limited 6.3.25. Oil and Natural Gas Corporation Limited 7. Primary Key Insights