The latest market report published by Credence Research, Inc. “Naphtha Market, By Product Type and By Geography- Growth, Future Prospects and Competitive Analysis, 2016 - 2030,” the global naphtha market was valued at US$ 102.6 Bn in 2016, and is expected to reach US$ 230.9 Bn by 2030, expanding at a CAGR of 5.97% from 2016 to 2030.
The report, titled “Naphtha Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, is a detailed overview of the current state of the global naphtha market and a forecast of the market’s state over the period from 2013 to 2019.The report states that the global naphtha market will expand at a 5.1% CAGR over the report’s forecast period.
As per Market Research Future (MRFR)’s analysis, the global naphtha market is poised to scale new heights over the forecast period 2018 to 2023. It has developed application across different industrial processes such as the production of gasoline, shoe polish, cleaning fluids, and fuel for portable stoves. The expected upsurge in the demand for end-use products is likely to drive the growth of the ... Read more
