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Global Naphtha Market is Expected to Reach USD 237,625.2 Million by 2019: Transparency Market Research

March 26, 2014

ALBANY, New York, March 26, 2014 /PRNewswire/ –

Transparency Market Research has launched a new market report titled “Naphtha Market
(chemicals, energy/fuels and others) – Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 – 2019″. According to the report the demand for naphtha is
expected to grow at a CAGR of 5.1% in terms of revenue from 2013 to 2019 and the market
was valued at USD 167,711.8 million in 2012 are expected to reach USD 237,625.2 million by
2019. In terms of volume the market is expected to grow at a CAGR of 3.2% from 2013 to
2019.

The market witnessed growth in recent years due to rising demand for naphtha from
various end-user industries such as plastic, construction, transportation and many others.
In addition, development of new manufacturing technique is another factor contributing
towards the market growth. However, volatile prices of crude oil and availability of cheap
and abundant alternatives such as shale gas and LPG are the factors restraining market
growth.

Browse Global Naphtha Market Report with Full TOC at

http://www.transparencymarketresearch.com/naphtha-market.html

In 2012, the naphtha market by applications was dominated by chemicals segment and
accounted for over 60% share of the market in terms of volume as well as revenue. Naphtha
is mainly used as feedstock for production of petrochemicals. In terms of volume the
chemicals application is expected to grow at a CAGR of 3.3% from 2013 to 2019. Energy and
fuel segment is expected to grow at a rate of 5.0% from 2013 to 2019 in terms of revenue.
Naphtha is also used for gasoline blending in various industries. The demand for naphtha
in energy and fuel applications is highest from the steel industry followed by fertilizers
plants and power plants.

Asia Pacific dominated the market and accounted for over 40% share of the market in
terms of both revenue and volume. This dominance is driven mainly due to rising demand for
plastics used in building materials, electronics and cars. As Naphtha being the dominant
feedstock for plants that produces the key plastic ingredient ethylene. In terms of
volume, North America market is expected to grow at a rate of 2.6% from 2013 to 2019
followed by Europe which is expected to grow at CAGR of 2.1% for the same period. Growing
demand from the gasoline sector and plastic industry are the factors contributing towards
the market growth in this region.

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There are many players in the market, however, very few have a significant market
share. The market for naphtha is highly fragmented as the top four companies occupied less
than 30% of the market share in 2012. The rest of the market is occupied by various small
and medium players. Some of the major players of the market are Royal Dutch Shell plc,
British Petroleum and Chevron.

Naphtha Market: Application Analysis

        - Chemicals
        - Energy/fuel
        - Others

Browse Global Naphtha Market Report with Full TOC at

http://www.transparencymarketresearch.com/naphtha-market.html

Naphtha Market: Regional Analysis

        - North America
        - Europe
        - Asia Pacific
        - RoW

Browse all Energy Market Research Reports @

http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us

Transparency Market Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative forecasting
and trends analysis provides forward-looking insight for thousands of decision makers. We
are privileged with highly experienced team of Analysts, Researchers, and Consultants, who
use proprietary data sources and various tools and techniques to gather, and analyze
information.

Our data repository is continuously updated and revised by a team of research experts,
so that it always reflects the latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material for business
reports.

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