Renewable Naphtha Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025

Description

Persistence Market Research has recently released a comprehensive report on the global Renewable Naphtha Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

Renewable Naphtha Market Size (2025E): US$ 4.9 Bn
Projected Market Value (2032F): US$ 11.2 Bn
Global Market Growth Rate (CAGR 2025 to 2032): 12.5%

Renewable Naphtha Market - Report Scope:

The global renewable naphtha market represents a pivotal segment within the sustainable energy landscape, offering eco-friendly alternatives to conventional fossil-fuel-derived naphtha. Renewable naphtha is produced using advanced bio-refining processes that leverage feedstocks such as agricultural residues, waste materials, and phytoplankton. With its wide range of applications in the transportation and petrochemical industries, renewable naphtha is a key enabler in the global transition to greener energy solutions. The market's growth trajectory is underpinned by a combination of regulatory support, technological advancements, and increasing awareness of sustainability. By replacing conventional naphtha with renewable alternatives, industries can significantly reduce their carbon footprint, align with stringent environmental regulations, and meet rising consumer demand for sustainable solutions.

Market Drivers:

The primary driver of the renewable naphtha market is the implementation of stringent environmental regulations worldwide. Governments are actively introducing policies aimed at reducing carbon emissions, fostering a shift towards renewable energy sources. Renewable naphtha, derived from sustainable feedstocks, plays a crucial role in meeting these regulatory requirements. These measures include emission control standards, renewable energy targets, and carbon pricing frameworks, which are creating a favorable environment for the adoption of renewable naphtha.

Market Restraints:

Despite its promising growth potential, the renewable naphtha market faces significant challenges, particularly in overcoming technological barriers to production. The conversion of bio-based feedstocks into high-quality naphtha requires sophisticated processes, which pose scalability and efficiency challenges. Developing cost-effective technologies while maintaining ecological sustainability remains a critical hurdle.

Market Opportunities:

One of the most promising opportunities in the renewable naphtha market lies in its application as a key component of sustainable aviation fuel (SAF). With the aviation industry under increasing pressure to reduce its carbon footprint, SAF is emerging as a viable solution. Renewable naphtha, owing to its chemical properties and compatibility with existing infrastructure, serves as an essential ingredient in SAF production.

Key Questions Answered in the Report:

What are the primary factors driving the global growth of the renewable naphtha market?
Which end-use industries are contributing significantly to market demand?
How are technological advancements enhancing the cost-competitiveness of renewable naphtha?
What role does sustainable aviation fuel play in shaping the market's future?
What are the emerging trends and regional dynamics influencing the renewable naphtha market?

Competitive Intelligence and Business Strategy:

Leading companies in the global renewable naphtha market, such as Neste Corporation, UPM Biofuels, and Honeywell UOP, are driving innovation through advanced bio-refining technologies. These players are focusing on strategic collaborations, expanding production capacities, and securing feedstock supply chains to maintain a competitive edge. Investments in research and development, particularly in optimizing production efficiency, are further enhancing their market positions. In addition to technological innovation, market leaders are emphasizing sustainability initiatives to align with global environmental goals. Partnerships with governments and industry stakeholders are enabling the commercialization of renewable naphtha on a larger scale, fostering a robust and sustainable market ecosystem.

Key Companies Profiled:

Neste Oyj
ENI SPA
Darling Ingredients Inc.
CNPC
Diamond Green Diesel
Renewable Energy Group, Inc.
Marathon Petroleum Corp
Preem
Philips 66
UPM Biofuels

Renewable Naphtha Market Segmentation:

By Product Type:

Light Naphtha
Heavy Naphtha

By Application:

Fuel Blending
Feed for H2 Production
Feed for Plastics Production

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33673

1. Executive Summary

1.1. Global Renewable Naphtha Market Snapshot, 2025 - 2032
1.2. Market Opportunity Assessment, 2025 - 2032, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Type Lifecycle Analysis
2.4. Global Renewable Naphtha Market: Value Chain
- 2.4.1. List of Raw Product Type Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Vehicle Product Types
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019 - 2023
- 3.2.2. Current Market Size Forecast, 2025 - 2032
3.3. Global Renewable Naphtha Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Product Type, 2019 - 2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
  - 3.3.3.1. Light Naphtha
  - 3.3.3.2. Heavy Naphtha
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Renewable Naphtha Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Application, 2019 - 2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
  - 3.5.3.1. Fuel Blending
  - 3.5.3.2. Feed for H2 Production
  - 3.5.3.3. Feed for Plastics Production
    - 3.5.3.3.1. Ethylene
    - 3.5.3.3.2. Propylene
    - 3.5.3.3.3. Butadiene
    - 3.5.3.3.4.Others
3.6. Market Attractiveness Analysis: Application

4. Global Renewable Naphtha Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019 - 2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2025 - 2032
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Application
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 5.5.1. Light Naphtha
- 5.5.2. Heavy Naphtha
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 5.6.1. Fuel Blending
- 5.6.2. Feed for H2 Production
- 5.6.3. Feed for Plastics Production
  - 5.6.3.1. Ethylene
  - 5.6.3.2. Propylene
  - 5.6.3.3. Butadiene
  - 5.6.3.4.Others
5.7. Market Attractiveness Analysis

6. Europe Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Application
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 6.5.1. Light Naphtha
- 6.5.2. Heavy Naphtha
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 6.6.1. Fuel Blending
- 6.6.2. Feed for H2 Production
- 6.6.3. Feed for Plastics Production
  - 6.6.3.1. Ethylene
  - 6.6.3.2. Propylene
  - 6.6.3.3. Butadiene
  - 6.6.3.4.Others
6.7. Market Attractiveness Analysis

7. East Asia Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Application
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 7.5.1. Light Naphtha
- 7.5.2. Heavy Naphtha
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 7.6.1. Fuel Blending
- 7.6.2. Feed for H2 Production
- 7.6.3. Feed for Plastics Production
  - 7.6.3.1. Ethylene
  - 7.6.3.2. Propylene
  - 7.6.3.3. Butadiene
  - 7.6.3.4.Others
7.7. Market Attractiveness Analysis

8. South Asia & Oceania Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Application
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 8.5.1. Light Naphtha
- 8.5.2. Heavy Naphtha
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 8.6.1. Fuel Blending
- 8.6.2. Feed for H2 Production
- 8.6.3. Feed for Plastics Production
  - 8.6.3.1. Ethylene
  - 8.6.3.2. Propylene
  - 8.6.3.3. Butadiene
  - 8.6.3.4.Others
8.7. Market Attractiveness Analysis

9. Latin America Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Application
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 9.5.1. Light Naphtha
- 9.5.2. Heavy Naphtha
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 9.6.1. Fuel Blending
- 9.6.2. Feed for H2 Production
- 9.6.3. Feed for Plastics Production
  - 9.6.3.1. Ethylene
  - 9.6.3.2. Propylene
  - 9.6.3.3. Butadiene
  - 9.6.3.4.Others
9.7. Market Attractiveness Analysis

10. Middle East & Africa Global Renewable Naphtha Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Application
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 10.5.1. Light Naphtha
- 10.5.2. Heavy Naphtha
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2025 - 2032
- 10.6.1. Fuel Blending
- 10.6.2. Feed for H2 Production
- 10.6.3. Feed for Plastics Production
  - 10.6.3.1. Ethylene
  - 10.6.3.2. Propylene
  - 10.6.3.3. Butadiene
  - 10.6.3.4.Others
10.7. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Neste Oyj
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. ENI SPA
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Darling Ingredients Inc.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. CNPC
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Diamond Green Diesel
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Renewable Energy Group, Inc.
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Marathon Petroleum Corp
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Preem
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Philips 66
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. UPM Biofuels
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations

Renewable Naphtha Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032