The Asia-Pacific Naphtha consumption market is expected to grow at a CAGR of over 3% by 2026.
The region is home to developing countries such as China and India whose energy demand and gasoline consumption are continuously surging. These two countries along with developed countries such Japan and South Korea are the leading naphtha importers in the region, owing to traditional naphtha based cracker capacities operating in these countries. Asia-Pacific is expected to grow demonstrate growth in demand for naphtha at the highest CAGR during the forecast period due to rising demand from petrochemical industry and increasing number of automobiles.
In this report, the Asia-Pacific naphtha supply demand analysis has been segmented into the following categories: