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. This moderate yet positive growth will be the outcome of
consistent demand from end-use industries such as plastic,
transportation, and construction across the globe. At this growth
pace, the market, which had a valuation of US$167.7 bn in 2012, will
rise to US$ 237.6 bn by 2019. Volume-wise, the market is expected to
expand at a 3.2% CAGR between 2013 and 2019.
In-depth
research report on Naphtha Market with Full TOC at :
http://www.transparencymarketresearch.com/naphtha-market.html
However,
the market may face growth limiters owing to the volatile crude oil
prices and the abundant availability of cheaper alternatives such as
LPG and shale gas.Application-wise, the global naphtha market was
dominated by the chemicals industry in 2012. Demand for naphtha from
the global chemicals industry constituted 60% of the overall demand
seen by the naphtha market in 2012. The petrochemical industry, which
uses naphtha for the production of a variety of petrochemicals, is
also a key end user of naphtha. The report states that the demand for
naphtha, in terms of volume, is expected to expand at a 3.3% CAGR
between 2013 and 2019 in the chemicals industry. Over the same
timeframe, the market for naphtha is expected to expand at a 5.0%
CAGR in the energy and fuel industry. In a number of other
industries, naphtha is used for blending gasoline.
Geography-wise,
the global market for naphtha was led by the regional market of Asia
Pacific, which accounted for a massive 40% market share in 2012. The
high demand for naphtha in this region is the result of enormous
construction and manufacturing activities as well as the rising
demand for plastic in industries such as construction, automotives,
and electronics. The North America regional market for naphtha is
expected to expand at a moderate 2.6% CAGR, while the Europe market
is expected to expand at a 2.1% CAGR over the report’s forecast
period. The rising demand for naphtha from the oil and petrochemical
industries in these regions will be the chief demand driver in these
two regional segments of the global naphtha market, states the
report.
For
further inquiries, click here :
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=628
The
competitive landscape of the global naphtha market features high
fragmentation and consists of a vast number of small as well as
medium-scale manufacturers. In this highly dynamic marketplace,
distribution plays a critical role and is the key to overall success.
Most of the key businesses operating in the global naphtha market
rely on third party distributors for reaching to their consumers, and
only a few big companies have their own distribution and marketing
channels spread across the globe. Businesses such as Chevron, Shell,
and BP are some of the key players in the market.
Global
naphtha market is segmented as:
Naphtha
Market: Application Analysis
- Chemicals
- Energy/fuel
- Others
Naphtha
Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- RoW
Browse
Article Of Naphtha Market :
http://www.transparencymarketresearch.com/article/naphtha-market.htm
About
Us
Transparency
Market Research (TMR) is a 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. TMR's
experienced team of Analysts, Researchers, and Consultants, 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.
Contact
Mr.Nachiket
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
