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GLOBAL BIO-BASED NAPHTHA MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Global Bio-based Naphtha Market by Application (Gasoline, Plastic Production (Bio PE, Bio PP, Bio Polyolefins, Other Plastics), Other Applications) Market by Source (Used Cooking Oil, Vegetable Oil, Biomass, Animal Fat, Other Sources) by Geography

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MARKET OVERVIEW

In terms of revenue, the global bio-based naphtha market was valued at $xx million in 2022 and is expected to reach $6021.27 million by 2032, growing at a CAGR of 17.07% during the forecast period, 2023 to 2032.

The market study is also evaluated in terms of volume; the global bio-based naphtha market recorded 466410.70 tons in 2022 and is expected to reach xx tons by 2032, growing at a CAGR of 16.19% during the forecast period, 2023 to 2032.

Bio-based naphtha, also known as renewable naphtha, is a type of liquid fuel produced from vegetable oil or biomass sources. It is a sustainable alternative to conventional petroleum-derived naphtha, primarily used in the petrochemical industry for various applications. 

Bio-based naphtha is produced through pyrolysis or thermal depolymerization, which involves heating biomass materials such as agricultural residues, energy crops, or organic waste without oxygen. This thermal treatment breaks down the complex organic compounds in the biomass and converts them into a liquid form, resulting in bio-based naphtha.

Bio-Based Naptha Market

Read our latest blog on the Bio-Based Naphtha Market

GROWTH ENABLERS

Key growth enablers of the global bio-based naphtha market:

  • Increasing environmental concerns, renewable energy goals, and sustainability objectives
    • Environmental concerns related to climate change have stimulated global efforts to reduce greenhouse gas emissions. The use of fossil fuel-based products, such as petroleum-based naphtha, releases significant amounts of carbon dioxide into the atmosphere, contributing to global warming. 
    • By replacing petroleum-based naphtha with bio-based naphtha, industries can significantly reduce their carbon footprint and mitigate the impacts of climate change.
    • Furthermore, combustion of fossil fuels contributes to air pollution, leading to harmful effects on human health and the environment. Bio-based naphtha, derived from renewable sources, generally emits fewer air pollutants than conventional naphtha.
  • Intensifying demand for bio-based chemicals and materials 
  • Rising need for home decor materials, consumer electronics, and automotive vehicles

GROWTH RESTRAINTS

Key growth restraining factors of the global bio-based naphtha market:

  • Higher cost of bio-based naphtha compared to conventional naphtha
    • The cost of conventional naphtha fluctuates over time, but the average cost ranges from $550 to $1,000 per ton, depending on the type of raw material. However, the price of bio-based naphtha is much higher than conventional naphtha; the average price ranges from $2,200 to $3,200 per ton. 
    • Bio-based naphtha market share is currently very small, accounting for less than 1% of the total global naphtha market. The manufacturers of bio-based naphtha are constantly under pressure to provide the best quality and value at the lowest possible cost.
  • Fluctuating prices of raw materials

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KEY MARKET TRENDS

Global Bio-based Naphtha Market | Top Trends

  • Bio-based naphtha’s demand is driven by the increasing requirement for renewable feedstocks to replace conventional petroleum-derived naphtha. A growing requirement for bio-based substitutes made from biomass sources such as agricultural wastes, energy crops, and organic waste as countries across the globe work to minimize greenhouse gas emissions and switch to greener energy sources.
  • Technological advancements in pyrolysis and other conversion processes have improved the efficiency and cost-effectiveness of bionaphtha production. Research and development efforts have focused on developing more efficient conversion technologies, optimizing feedstock selection, and improving bio-based naphtha production’s overall sustainability and economics.

MARKET SEGMENTATION

Market Segmentation – Application and Source – 

Market by Application:

  • Gasoline
  • Plastic Production
    • Bio PE
    • Bio PP
    • Bio Polyolefins
    • Other Plastics
  • Other Applications

Market by Source:

  • Used Cooking Oil
  • Vegetable Oil
    • Vegetable oil is expected to be the prominent source during the forecasted period, 2023 to 2032.
    • Vegetable oils entail benefits like sustainable production, lower greenhouse gas emissions, and the potential to support circular economy objectives. Vegetable oils have the potential to offer sustainable feedstock options.
    • Numerous oil-bearing plants, such as soybean, rapeseed (canola), palm, sunflower, and maize, can provide the vegetable oils required as feedstock for bio-based naphtha. The accessibility of these feedstocks varies depending on regional farming practices, climate compatibility, and governmental regulations.
    • Technology advancements have increased the viability and efficiency of turning vegetable oils into bio-based naphtha. Vegetable oils have been upgraded, and contaminants removed using hydro-processing procedures, including hydrotreating and hydrocracking, resulting in higher-quality naphtha.
  • Biomass
  • Animal Fat
  • Other Sources

GEOGRAPHICAL STUDY

Geographical Study Based on Four Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Sweden, and Rest of Europe
    • The Europe bio-based naphtha market is set to grow with a notable CAGR of xx% during the forecast period, 2023 to 2032. 
    • With several initiatives to encourage the use of bio-based products, Europe is leading the market for bio-based chemicals and materials. The region has implemented a number of regulations for sustainability and renewable energy, which has increased demand for bio-based naphtha. 
    • The Bioeconomy Strategy and the Renewable Energy Directive of the European Union provide clear criteria and encourage the use of renewable feedstocks. The market analysis for bio-based naphtha shows that Europe has been at the forefront of promoting sustainable development and renewable energy. 
    • The Renewable Energy Directive (RED) and the Bioeconomy Strategy are two EU initiatives that encourage the use of renewable feedstocks in various industries, including transportation and chemicals. The EU’s Circular Economy Action Plan and the Single-Use Plastics Directive contribute to the increased demand for bio-based naphtha in the plastics and packaging industries.
  • Asia Pacific: China, Japan, India, South Korea, Indonesia, Singapore, Australia, and Rest of Asia-Pacific
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

Major players in the global bio-based naphtha market:

  • Preem AB
  • Shell Plc
  • Neste Oyj
  • UPM Corporation
  • Repsol SA

Key strategies adopted by some of these companies:

  • In May 2023, Repsol and Ryanair signed a contract to encourage the use of renewable fuels. Between 2025 and 2030, Repsol will provide Ryanair access to around 155,000 tons of sustainable aviation fuel (SAF). This will allow for a roughly 490,000 tons decrease in CO2 emissions and is the equivalent of more than 28,000 flights between Dublin and Madrid.
  • In September 2021, Shell and BlueAlp Holding BV established a strategic alliance to develop, scale, and use BlueAlp’s plastic waste to chemical feedstock technology. The technique converts difficult-to-recycle plastic waste into pyrolysis oil, a recycled feedstock that may be utilized to produce sustainable chemicals such as bio naphtha. As part of the arrangement, Shell has acquired a 21.25% ownership stake in BlueAlp.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million) and Volume (Tons)
Segments AnalyzedApplication and Source
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

Chevron Renewable Energy Group, Preem AB, Shell PLC, Kaidi Finland, Neste Oyj, UPM Corporation, Repsol SA, OMV Group, TotalEnergies SE, Euglena Co Ltd, ENI Spa, Phillips 66, Borealis AG, BASF, Dow Chemical Company

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19
    5. MAJOR MARKET FINDINGS
      1. EMERGENCE OF ECOFINING TECHNOLOGY
      2. ESG FACTORS IMPACTING BIO-BASED NAPHTHA MARKET 
      3. RISE OF SUSTAINABILITY INITIATIVES 
      4. DEMAND FOR ALTERNATIVE FEEDSTOCK TO AUGMENT MARKET DEVELOPMENT
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASING ENVIRONMENTAL CONCERNS, RENEWABLE ENERGY GOALS, AND SUSTAINABILITY OBJECTIVES
      2. INTENSIFYING DEMAND FOR BIO-BASED CHEMICALS AND MATERIALS 
      3. RISING NEED FOR HOME DECOR MATERIALS, CONSUMER ELECTRONICS, AND AUTOMOTIVE VEHICLES
    2. KEY RESTRAINTS
      1. HIGHER COST OF BIO-BASED NAPHTHA COMPARED TO CONVENTIONAL NAPHTHA
      2. FLUCTUATING PRICES OF RAW MATERIALS
  4. KEY ANALYTICS
    1. EMERGING TECHNOLOGIES
    2. KEY MARKET TRENDS
      1. ROBUST USE OF VEGETABLE OIL FOR BIO-BASED NAPHTHA EXTRACTION 
      2. RISING POLYMER PRODUCTION IN EUROPE
      3. STRICT IMPLEMENTATION OF GOVERNMENT POLICIES REGARDING POLLUTION, FUEL BLENDING PRACTICES, AND FUEL COMPOSITION
      4. INCREASE IN ADOPTION OF ADVANCED TECHNOLOGY SUCH AS NEXBTL HELPS IN THE PRODUCTION OF BIOPLASTICS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. GROWTH PROSPECT MAPPING
    5. MARKET MATURITY ANALYSIS
    6. MARKET CONCENTRATION ANALYSIS
    7. VALUE CHAIN ANALYSIS
      1. FEEDSTOCK
      2. BIO-NAPHTHA MANUFACTURING
      3. SUPPLY
      4. APPLICATIONS
    8. KEY BUYING CRITERIA
      1. SUPERIOR TECHNOLOGY
      2. ENVIRONMENT FRIENDLY
      3. APPLICATION
      4. EFFICIENCY
  5. MARKET BY APPLICATION
    1. GASOLINE
    2. PLASTIC PRODUCTION
      1. BIO PE
      2. BIO PP
      3. BIO POLYOLEFINS
      4. OTHER PLASTICS
    3. OTHER APPLICATIONS
  6. MARKET BY SOURCE
    1. USED COOKING OIL
    2. VEGETABLE OIL
    3. BIOMASS
    4. ANIMAL FAT
    5. OTHER SOURCES
  7. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA BIO-BASED NAPHTHA MARKET DRIVERS
      3. NORTH AMERICA BIO-BASED NAPHTHA MARKET CHALLENGES
      4. NORTH AMERICA BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN NORTH AMERICA BIO-BASED NAPHTHA MARKET  
      6. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE BIO-BASED NAPHTHA MARKET DRIVERS
      3. EUROPE BIO-BASED NAPHTHA MARKET CHALLENGES
      4. EUROPE BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN EUROPE BIO-BASED NAPHTHA MARKET  
      6. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        6. SWEDEN
          1. SWEDEN BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        7. REST OF EUROPE
          1. REST OF EUROPE BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES 
      2. ASIA-PACIFIC BIO-BASED NAPHTHA MARKET DRIVERS
      3. ASIA-PACIFIC BIO-BASED NAPHTHA MARKET CHALLENGES
      4. ASIA-PACIFIC BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN ASIA-PACIFIC BIO-BASED NAPHTHA MARKET  
      6. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        6. SINGAPORE
          1. SINGAPORE BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        7. AUSTRALIA 
          1. AUSTRALIA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        8. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES 
      2. REST OF WORLD BIO-BASED NAPHTHA MARKET DRIVERS
      3. REST OF WORLD BIO-BASED NAPHTHA MARKET CHALLENGES
      4. REST OF WORLD BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN REST OF WORLD BIO-BASED NAPHTHA MARKET  
      6. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA BIO-BASED NAPHTHA MARKET SIZE & OPPORTUNITIES
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES & DEVELOPMENTS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. BASF
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      2. BOREALIS AG
        1. COMPANY OVERVIEW
        2. SERVICE LIST
      3. CHEVRON RENEWABLE ENERGY GROUP
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      4. DOW CHEMICAL COMPANY
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      5. ENI SPA
        1. COMPANY OVERVIEW
        2. SERVICE LIST
      6. EUGLENA CO LTD
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      7. KAIDI FINLAND
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      8. NESTE OYJ
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      9. OMV GROUP
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      10. PHILLIPS 66
        1. COMPANY OVERVIEW
        2. SERVICE LIST
      11. PREEM AB
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      12. REPSOL SA
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      13. SHELL PLC
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      14. TOTALENERGIES SE
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES
      15. UPM CORPORATION
        1. COMPANY OVERVIEW
        2. SERVICE LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – BIO-BASED NAPHTHA

TABLE 2: GLOBAL BIO-BASED NAPHTHA MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL BIO-BASED NAPHTHA MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 4: GLOBAL GASOLINE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL GASOLINE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 6: GLOBAL PLASTIC PRODUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL PLASTIC PRODUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 8: GLOBAL BIO-BASED NAPHTHA MARKET, BY PLASTIC PRODUCTION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL BIO-BASED NAPHTHA MARKET, BY PLASTIC PRODUCTION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 10: GLOBAL BIO PE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL BIO PE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 12: GLOBAL BIO PP MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL BIO PP MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 14: GLOBAL BIO POLYOLEFINS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL BIO POLYOLEFINS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 16: GLOBAL OTHER PLASTICS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL OTHER PLASTICS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 18: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 20: GLOBAL BIO-BASED NAPHTHA MARKET, BY SOURCE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL BIO-BASED NAPHTHA MARKET, BY SOURCE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 22: GLOBAL USED COOKING OIL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: GLOBAL USED COOKING OIL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 24: GLOBAL VEGETABLE OIL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 25: GLOBAL VEGETABLE OIL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 26: GLOBAL BIOMASS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: GLOBAL BIOMASS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 28: GLOBAL ANIMAL FAT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: GLOBAL ANIMAL FAT MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 30: GLOBAL OTHER SOURCES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: GLOBAL OTHER SOURCES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 32: GLOBAL BIO-BASED NAPHTHA MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 33: GLOBAL BIO-BASED NAPHTHA MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 34: GLOBAL BIO-BASED NAPHTHA MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN TONS)

TABLE 35: GLOBAL BIO-BASED NAPHTHA MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN TONS)

TABLE 36: NORTH AMERICA BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 37: NORTH AMERICA BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 38: NORTH AMERICA BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN TONS)

TABLE 39: NORTH AMERICA BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN TONS)

TABLE 40: NORTH AMERICA BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK

TABLE 41: KEY PLAYERS OPERATING IN NORTH AMERICA BIO-BASED NAPHTHA MARKET  

TABLE 42: EUROPE BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 43: EUROPE BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 44: EUROPE BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN TONS)

TABLE 45: EUROPE BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN TONS)

TABLE 46: EUROPE BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK

TABLE 47: KEY PLAYERS OPERATING IN EUROPE BIO-BASED NAPHTHA MARKET  

TABLE 48: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 49: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 50: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN TONS)

TABLE 51: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN TONS)

TABLE 52: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK

TABLE 53: KEY PLAYERS OPERATING IN ASIA-PACIFIC BIO-BASED NAPHTHA MARKET  

TABLE 54: REST OF WORLD BIO-BASED NAPHTHA MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 55: REST OF WORLD BIO-BASED NAPHTHA MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 56: REST OF WORLD BIO-BASED NAPHTHA MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN TONS)

TABLE 57: REST OF WORLD BIO-BASED NAPHTHA MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN TONS)

TABLE 58: REST OF WORLD BIO-BASED NAPHTHA MARKET REGULATORY FRAMEWORK

TABLE 59: KEY PLAYERS OPERATING IN REST OF WORLD BIO-BASED NAPHTHA MARKET  

TABLE 60: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 61: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 62: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR UNITED KINGDOM

FIGURE 5: GROWTH PROSPECT MAPPING FOR CHINA

FIGURE 6: GROWTH PROSPECT MAPPING FOR BRAZIL

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: VALUE CHAIN ANALYSIS

FIGURE 10: KEY BUYING CRITERIA

FIGURE 11: GLOBAL BIO-BASED NAPHTHA MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 12: GLOBAL BIO-BASED NAPHTHA MARKET, BY GASOLINE, 2023-2032 (IN $ MILLION)

FIGURE 13: GLOBAL BIO-BASED NAPHTHA MARKET, BY PLASTIC PRODUCTION, 2023-2032 (IN $ MILLION)

FIGURE 14: GLOBAL BIO-BASED NAPHTHA MARKET, GROWTH POTENTIAL, BY PLASTIC PRODUCTION, IN 2022

FIGURE 15: GLOBAL BIO-BASED NAPHTHA MARKET, BY BIO PE, 2023-2032 (IN $ MILLION)

FIGURE 16: GLOBAL BIO-BASED NAPHTHA MARKET, BY BIO PP, 2023-2032 (IN $ MILLION)

FIGURE 17: GLOBAL BIO-BASED NAPHTHA MARKET, BY BIO POLYOLEFINS, 2023-2032 (IN $ MILLION)

FIGURE 18: GLOBAL BIO-BASED NAPHTHA MARKET, BY OTHER PLASTICS, 2023-2032 (IN $ MILLION)

FIGURE 19: GLOBAL BIO-BASED NAPHTHA MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)

FIGURE 20: GLOBAL BIO-BASED NAPHTHA MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2022

FIGURE 21: GLOBAL BIO-BASED NAPHTHA MARKET, BY USED COOKING OIL, 2023-2032 (IN $ MILLION)

FIGURE 22: GLOBAL BIO-BASED NAPHTHA MARKET, BY VEGETABLE OIL, 2023-2032 (IN $ MILLION)

FIGURE 23: GLOBAL BIO-BASED NAPHTHA MARKET, BY BIOMASS, 2023-2032 (IN $ MILLION)

FIGURE 24: GLOBAL BIO-BASED NAPHTHA MARKET, BY ANIMAL FAT, 2023-2032 (IN $ MILLION)

FIGURE 25: GLOBAL BIO-BASED NAPHTHA MARKET, BY OTHER SOURCES, 2023-2032 (IN $ MILLION)

FIGURE 26: NORTH AMERICA BIO-BASED NAPHTHA MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 27: UNITED STATES BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 28: CANADA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 29: EUROPE BIO-BASED NAPHTHA MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 30: UNITED KINGDOM BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 31: GERMANY BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 32: FRANCE BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 33: ITALY BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 34: SPAIN BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 35: SWEDEN BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 36: REST OF EUROPE BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 37: ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN%)

FIGURE 38: CHINA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 39: JAPAN BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 40: INDIA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 41: SOUTH KOREA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 42: INDONESIA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 43: SINGAPORE BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 44: AUSTRALIA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 45: REST OF ASIA-PACIFIC BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 46: REST OF WORLD BIO-BASED NAPHTHA MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 47: LATIN AMERICA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FIGURE 48: MIDDLE EAST & AFRICA BIO-BASED NAPHTHA MARKET, 2023-2032 (IN $ MILLION)

FAQ’s

FAQs

Vegetable oil is set to be the fastest-growing source in the global bio-based naphtha market.

In 2022, the global bio-based naphtha market recorded a volume of 466410.7 tons.

The gasoline segment, under the application category, is set to grow with a CAGR of 17.23% between 2023 to 2032.

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