Global Naphtha Market is expected to Grow at a CAGR of 4.15% by 2035
According to ChemAnalyst report, “Global Naphtha Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Sales Channel, Regional Demand, Company Share, Manufacturing Process, 2015-2035” , Naphtha market has shown significant growth as it reached 190 million tonnes in 2022 and is expected to achieve a healthy global CAGR of 4.15% in the forecast period until 2035. With the growing demand of Naphtha from the Petrochemical and other major end-user industries for the production of aromatics and olefins, including benzene, ethylene, butadiene, propylene, toluene, and others is anticipated to boost the global Naphtha market in the forecast period. The industrial production of Naphtha is linked with the safety concerns on eco-system before it can be further manufactured and introduced in the market around the world. Naphtha is basically a mixture of hydrocarbons that consists around 5 and 10 carbon molecule...