Global Naphtha Market Size & Outlook, 2025-2030
The global naphtha market size was estimated at USD 190.6 billion in 2024 and is projected to reach USD 245.8 billion by 2030, growing at a CAGR of 4.4% from 2025 to 2030.
Revenue, 2024 (US$B)
$190.6
Forecast, 2030 (US$B)
$245.8
CAGR, 2025 - 2030
4.4%
Report Coverage
Worldwide
Global naphtha market, 2018-2030 (US$B)
Global naphtha market highlights
- The global naphtha market generated a revenue of USD 189,500.0 million in 2023 and is expected to reach USD 254,290.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, light naphtha accounted for a revenue of USD 189,500.0 million in 2023.
- Light Naphtha is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 189,500.0 million |
| Market revenue in 2030 | USD 254,290.0 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Light naphtha |
| Fastest growing segment | Light Naphtha |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Naphtha |
Other key industry trends
- In terms of revenue, the North America accounted for 24.8% of the global naphtha market in 2023.
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Naphtha Market Scope
Naphtha market segmentation & scope
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Naphtha Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formosa Petrochemical | View profile | 5001-10000 | Taiwan, Jiangsu, China, Asia | http://www.fpcc.com.tw/English/about%20fpcc/Business%20Overview.htm |
| Saudi Arabian Oil Co. | View profile | - | - | - |
| Asahi Kasei Corporation | View profile | - | - | - |
| JFE Chemical Corporation | View profile | 501-1000 | Tokyo, Tokyo, Japan, Asia | https://www.jfe-chem.com/ |
| Reliance Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.ril.com |
| Indian Oil Corporation | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.iocl.com/ |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
Global naphtha market size, by regions, 2018-2030 (US$B)
Top 10 countries: Naphtha market size, 2024 (US$B)
Global naphtha market share, by product, 2024 & 2030 (%, US$B)
Naphtha market: Opportunity assessment by country
Global naphtha market, by region, 2024 (US$B)
Related statistics
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