Sunday, June 1, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Exports

Naphtha demand to grow at 6.18% CAGR

Fiinews by Fiinews
May 19, 2019
in Exports, Imports, Manufacturing
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Petchem to drive demand

Nayara Energy.

The demand for naphtha in India is projected to grow at a CAGR of 6.18% during 2019-2030 to reach 37,158 thousand tonnes by 2030.

It was t 17,908 thousand tonnes in 2018, according to a ResearchAndMarkets report “India Naphtha Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030” released 17 May 2019.

Demand expected from petrochemicals, mainly ethylene and propylene for the production of plastics coupled with increasing use of naphtha in the refining industry which uses it as a raw material for the processes of steam cracking, naphtha reforming and gasoline blending.

Naphtha is a major raw material used for the production of gasoline, which is widely used in the automotive industry.

Naphtha is used to dilute heavy oil to make high-octane gas and lighter fluid, as well as to clean metal.

Moreover, rising use of primarily produced chemicals from naphtha such as ethylene, styrene, and butadiene in rubber, plastics, and solvents production is expected to boost the demand for naphtha in the country during 2013-2030.

Some of the major players operating in the country’s naphtha market are Bharat Petroleum Corporation Limited, Gail (India) Limited, Indian oil Corporation Limited, Hindustan Petroleum Corporation Limited, Nayara Energy, Oil and Natural Gas Corporation Limited, Reliance Industries Limited, etc. fiinews.com

Tags: Bharat Petroleum Corporation Limited.GAIL India LimitedHindustan Petroleum Corporation LimitedIndian Oil Corporation LimitedNayara EnergyOil and Natural Gas Corporation LimitedReliance Industries LimitedResearchAndMarkets
ShareTweetShare

Related Posts

Chile Asean Chamber Logo
Exports

Export: India-Chile start trade talks

by Fiinews
June 1, 2025
0
13

Barthwal calls for creation of global value chains between 2 countries The India-Chile Comprehensive Economic Partnership Agreement (CEPA) will pave...

PIB
Manufacturing

Manufacturing: Private sector to get opportunities  

by Fiinews
June 1, 2025
0
14

AMCA project to develop five prototypes The private sector will get an opportunity to participate in a mega defence project...

Venus

Export: Venus bullish on global markets

May 30, 2025
13
Aspire Msme

Manufacturing: NITI Aayog transforming MSMEs

May 29, 2025
14
CLRI Logo Header

Export: Restrictions removed for leather products

May 29, 2025
13
Bharat Electronics

Manufacturing: Minister wants DPSUs’ output enhanced

May 29, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Trial of defence systems underway
  • Project: Satna-Datia airports inaugurated
  • Tech: India is IT capital of the world
  • Project: PM inaugurates Afcons Kanpur metro
  • Export: India-Chile start trade talks

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.