Report Highlights
The global bio-based naphtha market should reach $3.9 billion by 2028 from $1.7 billion in 2023 at a compound annual growth rate (CAGR) of 18.3% for the forecast period of 2023 to 2028.
Report Includes
- 133 data tables and 27 additional tables
- A comprehensive overview of the global market for bio-based naphtha (bio-naphtha)
- Analyses of the global market trends, with market revenue (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Understanding of the upcoming market potential for bio-based naphtha, assessment of the global bioplastics and biofuels markets, and areas of focus to forecast this market for bio-naphtha into various segments and sub-segments
- Estimation of the actual market size and revenue forecast for global bio-based naphtha market in USD million values, and corresponding market share analysis based on the source of feedstock, application, and region
- In-depth information (facts and figures) concerning the major factors influencing the demand for bio-based naphtha market (opportunities, drivers and challenges) with respect to specific growth trends, upcoming prospects, and contributions to the overall market
- Market outlook and assessment of the renewable diesel and sustainable aviation fuels markets, increasing R&D activities in bio-naphtha, pricing, consumption and estimated production capacities
- A look at the recent market trends, regulatory concerns, and ESG (Environmental, Social, and Governance) developments in global bio-based naphtha market
- Review of the key patent grants and recent patent applications on bio-based naphtha market, with emphasis on emerging technologies and new developments within the bio-based naphtha industry
- A look at the main producers of bioplastics and biofuels, and analyze the structure of bio-based naphtha industry (e.g., market shares, concentration, and recent merger and acquisition (M&A) activities etc.)
- Identification of the key players operating in the market, and analysis of their competitive landscape based on recent developments, segmental revenues, and operational integration
- Descriptive company profiles of the leading global players of the industry, including Eni, Diamond Green Diesel, Neste, Preem, Repsol and UPM Biofuels
Report Scope
The report analyzes the global bio-based naphtha market based on the segmentation of source and application. These segmentations are further analyzed at the global and regional levels.
The base year considered for analysis is 2022, and the market estimates and forecasts are given from 2023 to 2028. The market estimates are only provided in terms of revenue (U.S. dollars, millions).
Based on source, the market is segmented into:
- Biomass.
- Vegetable oil.
- Used cooking oil.
- Animal fat.
- Others.
Based on application, the market is segmented into:
- Plastic production:
- Bio polyethylene.
- Bio polypropylene.
- Bio polyolefins.
- Others.
- Others.
Report Synopsis
Report Metrics | Details | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2022 | ||||||||||
Forecast period considered | 2023-2028 | ||||||||||
Base year market size | $1.4 billion | ||||||||||
Market size forecast | $3.9 billion | ||||||||||
Growth rate | CAGR of 18.3% | ||||||||||
Units considered | $ Thousands | ||||||||||
Segments covered | Source, Application, and Region | ||||||||||
Regions covered | North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa | ||||||||||
Countries covered | U.S., Canada, Germany, France, U.K., Italy, Spain, Russia, Rest of Europe, China, India, Japan, Southeast Asia, Rest of Asia-Pacific, Brazil, Mexico, Rest of Latin America, South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa | ||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- Growing environmental concerns along with renewable energy targets and sustainability goals
- Increasing demand for bio-based chemicals and materials
Analyst Credentials
Noopur Deshmukh– Associate Consultant-Advanced Materials Research
Noopur Deshmukh has over six years of industry experience in market research and analysis, specializing in advanced materials. She has experience in several domains, such as chemicals, materials, polymers, packaging, technology, and others. She works majorly on research studies, data gathering, market estimation & forecast, and competitive analysis, and providing clients with custom reports based on their business requirements. Academically, Noopur holds a master’s degree in Marketing and a bachelor’s degree in Engineering.
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