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.
North American bio-based naphtha market is expected to grow from $401.9 million in 2023 to $924.8 million in 2028 at a CAGR of 18.1% for the forecast period of 2023 to 2028.
European bio-based naphtha market is expected to grow from $881.4 million in 2023 to $2.1 billion in 2028 at a CAGR of 18.8% for the forecast period of 2023 to 2028.
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 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