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Naphtha Market 2016 Trend, Analysis and Overview

Thursday, October 6, 2016 3:54
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(Before It's News)

Naphtha is a hydrocarbon intermediate that is generally produced during the refining of crude oil in the atmospheric distillation unit (ADU/CDU) of a refinery, which is also the primary source. Additionally, naphtha is also produced from the distillation of coal tar, bitumen, and oil sands. However, the quantities produced through these processes can be considered minuscule compared to the previous process. 
The most common names are derived from the source from which it is produced, composition, end use, and also manufacturing companies’ terminology. Some of the common names include ligroin, VM&P naphtha (Varnish Makers and Painter’s naphtha), petroleum naphtha, petroleum spirits, as well as naphtha ASTM. In Australia, it is recognized as Shellite, and as white gas or white spirit in North America.

Publisher’s analysts forecast the global naphtha market to grow at a CAGR of 4.5% during the period 2016-2020.

For more information about this report:  

Covered in this report 
The report covers the present scenario and the growth prospects of the global naphtha market for 2016-2020. 
The market is divided into the following segments based on geography: 

Publisher’s report, Global Naphtha Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
-Shell Chemicals
-Saudi Basic Industries Corporation (SABIC)
-Mangalore Refinery and Petrochemicals Limited
-OAO Novatek
-DOW Chemicals

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Other prominent vendors 

-Indian Oil Corporation
-Lotte Chemical Corporation
-Mitsubishi Chemical

Market driver 
-Rise in demand for petrochemicals
-For a full, detailed list, view our report 

Market challenge 
-High volatility of crude oil prices -For a full, detailed list, view our report 

Market trend 
-Spotlight on Asian economies
-For a full, detailed list, view our report 

Inquire for Report at  

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Call: +1-646-491-9876

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